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- Catastrophe Bond Investors Told to Brace for Jamaica Payout
Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward the Caribbean island as a Category 5 storm. “Based on current models there is a high chance that there will … ...[TheTopNews] Read More.3 hours ago - Trump meets with Japan’s first female leader, signs rare earth, critical minerals supply
President Donald Trump and Japan Prime Minister Sanae Takaichi on Tuesday signed a framework agreement for securing the supply of critical minerals and rare earths through mining and processing, the White House said.The agreement came after Trump’s meeting with Japan’s first female leader, as part of his wider trip to Asia. Both Washington and Tokyo are looking to strengthen their supply chains for rare earth elements, which are used everywhere, from renewable energy to electronics and cars.According to the White House, Japan and the U.S. plan to coordinate investment and policy efforts to develop more diversified and transparent markets for critical minerals and rare earth elements.Within six months, Washington and Tokyo plan to identify and fund new mining and processing projects for key materials like magnets and batteries. The agreement also creates a joint "Rapid Response Group" to spot and supply vulnerabilities and coordinate emergency deliveries of critical materials.TRUMP THREATENS… ...[TheTopNews] Read More.3 hours ago - 10/27: The Takeout with Major Garrett
President Trump is in Asia as government shutdown hits day 27; "The Traitors Circle" shares the story of a secret resistance network in Nazi Germany. ...[TheTopNews] Read More.3 hours ago - Chegg cuts 45% of staff as AI reshapes online learning businessChegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls "the new realities of AI and reduced traffic from Google to content publishers."In its official statement, the company said the restructuring plan reflects "a significant decline in Chegg’s traffic and revenue," which it has attributed to shifts in generative AI and changing search patterns.Chegg said the layoffs will reduce reduce 2026 non-GAAP expenses by about $100 million to $110 million and result in charges of $15 million to $19 million, mostly in cash severance. It expects to provide more information during its third-quarter earnings call on Nov. 10.LAID OFF? HERE'S WHY LOSING YOUR JOB MIGHT BE THE BEST BREAK OF YOUR LIFEExecutive Chairman Dan Rosensweig will return as president and chief executive officer, effective immediately, as part of the overhaul. Nathan Schultz,… ...[TheTopNews] Read More.3 hours ago
- Canada Pension Fund Sued by Young People Over Climate RisksThe Canada Pension Plan Investment Board was sued by a group of young people who claim the pension fund is putting their benefits in jeopardy by mismanaging climate-related financial risks. Aliya Hirji, Travis Olson, Ravneet Singh and Chloe Tse, who … ...[TheTopNews] Read More.3 hours ago
- Amazon prepares for major layoffs among office workers, media reports say
If confirmed, the cuts in Amazon's corporate ranks could mark the company's biggest layoffs in several years. ...[TheTopNews] Read More.3 hours ago
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