Inflation Could Bite into Retirement Savings

Inflation Could Bite into Retirement Savings

[This article is the third in a three-part series. Part one focused on inflation and compensation. Part two focused on inflation and health care costs.] If inflation rates trend higher over the coming years, as is expected, retirement plan sponsors may need to adjust their plans’ investment options. Likewise, plan participants should consider increasing…

Amazon Seeks Recusal of FTC Chair and Antitrust Hawk Lina Khan

Amazon Seeks Recusal of FTC Chair and Antitrust Hawk Lina Khan

Amazon has filed a request asking for newly minted Federal Trade Commission (FTC) Chair Lina Khan to be recused on antitrust matters related to the online retail giant, citing concerns about lack of impartiality in light of her past criticisms of the company, according to documents filed with the agency. “Given her long track record…

Walmart to Sell Own Line of Budget Analog Insulin

Walmart to Sell Own Line of Budget Analog Insulin

Walmart announced on Tuesday that it will soon start selling private-brand analog insulin that it says will save customers up to 75 percent off the cash price of branded versions of the drug and will “revolutionize” access and affordability of diabetes care. The big-box retailer will sell the product, marketed as ReliOn NovoLog Insulin, to…

7 People on the Move
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7 People on the Move

Always known as the market of innovation, E&S insurers are leveraging flexibility and creativity to help customers solve problems. The excess and surplus market continues to enjoy steady growth while conditions in the standard market remain challenging for insureds. With standard lines carriers raising rates, tightening terms and conditions and pulling back capacity, risk managers…

Daimler Truck Expects Gradual Ramp-Up of Electric Trucks Due to Cost

Daimler Truck Expects Gradual Ramp-Up of Electric Trucks Due to Cost

BERLIN—Daimler Truck, the world’s largest truck and bus maker, expects only a moderate market ramp-up of its first electric truck model, eActros, due to its high price, the sales head of Daimler’s brand Mercedes-Benz Trucks said. The cost of an electric truck is three times as much as one with a combustion engine, Andreas von…

Asda Launches First Full-Range One-Hour Delivery for Groceries

Asda Launches First Full-Range One-Hour Delivery for Groceries

Asda has become the first UK supermarket to offer a full range of grocery products in a one-hour delivery service, as it tries to capture some of the territory held by Amazon. Rivals such as Morrisons, Tesco, and Sainsbury’s already offer one-hour delivery via other providers such as Deliveroo, Uber Eats, and Amazon. However, they…