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Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says
Gulf banks could face domestic deposit outflows of $307 billion if the Middle East conflict deepens, S&P Global Ratings said. An S&P report said it had seen no evidence of major outflows of foreign or local funding from banks in …
POSTED MARCH 18, 2026 5:30 AM |
Iran War Cost Spike Straining Farmers Ahead of Midterm Elections
US farmers, long one of Donald Trump’s most loyal constituencies, are increasingly worried by the Iran war as soaring fertilizer and fuel prices hammer them just as they are about to start planting crops for the year. “Is the war …
POSTED MARCH 18, 2026 5:23 AM |
SEC’s Top Cop Resigns After Just Six Months on the Job
The U.S. Securities and Exchange Commission’s enforcement director has resigned just over six months after she started on the job, the SEC said on Monday, a sudden departure for an agency that has changed dramatically under Republican leaders. Former military …
POSTED MARCH 18, 2026 5:11 AM |
Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
Onex Corp. made a big bet on an insurance startup, and it didn’t take long for the losses to mount. First there was the pandemic, then a deep freeze in Texas. In 2022, Hurricane Ian ripped across the Caribbean and …
POSTED MARCH 18, 2026 5:05 AM |
Germany Seeks Doubling of AI Data Centers by 2030
Germany plans to encourage investments in data centers to at least double domestic capacity and to boost artificial intelligence data processing at least fourfold by 2030, the government said on Tuesday. In a bid to catch up with the dominant …
POSTED MARCH 18, 2026 5:04 AM |
Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War
US President Donald Trump is desperate to reopen the Strait of Hormuz to ease a growing global energy crisis. He won’t achieve that easily without a ceasefire in the war on Iran. Iran’s sporadic attacks on vessels and the threat …
POSTED MARCH 18, 2026 5:02 AM |
Major Offshore Wind Farm Trump Tried to Halt Finishes Construction
Construction is finished on a major Massachusetts offshore wind farm, the first project to reach this stage during President Donald Trump’s time in office. Offshore construction was completed Friday night on Vineyard Wind with the installation of the final blades, …
POSTED MARCH 18, 2026 5:00 AM |
LA County Metro Buses Will Warn Against Workers’ Comp Fraud
Los Angeles County buses will soon be large, rolling warnings against workers’ compensation fraud. L.A. County District Attorney Nathan J. Hochman announced the launch of a countywide LA Metro bus advertisement campaign in which buses will bear warnings that lying …
POSTED MARCH 18, 2026 5:00 AM |
Patriot Growth Adds Morse Agency in Massachusetts
Patriot Growth Insurance Services announced it has acquired a new strategic partner, Morse Insurance Agency, a property/casualty insurance agency based in North Easton, Mass. Morse Insurance Agency operates multiple locations across the state, including offices in North Easton, Norton, Bridgewater, …
POSTED MARCH 18, 2026 5:00 AM |
People Moves: Alliant Private Client Hires Dantona as SVP
Jennifer Dantona joined Alliant Insurance Services as senior vice president with Alliant Private Client. Dantona is based in Irvine, California. She has more than 20 years of experience supporting personal insurance portfolios, including many individuals and families in the entertainment …
POSTED MARCH 18, 2026 5:00 AM |
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