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Job ad: The Economist is looking for a writer to cover global finance and the City of London. Please send a CV, a covering letter and an unpublished 800-word article suitable for publication to firstname.lastname@example.org by November 7th 2020. This article appeared in the Finance & economics section of the print edition under the headline "Wanted: a new writer to cover finance"
CHICAGO, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Redwood Logistics announced today a partnership with Loadsure, an on-demand, all-risk cargo load insurance platform. Powered by automation and machine learning, this end-to-end digital insurance solution can be made available to shippers through RedwoodConnect, Redwood’s flagship supply chain integration platform-as-a-service (iPaaS) platform. Loadsure, an international Insurtech Managing General Agent (MGA) and Lloyd’s coverholder, provides on-demand per-load insurance for shippers and carriers to cost-effectively manage their risk exposure with a single click, as well as resolve claims settlement within minutes. “Redwood manages over $3.5 billion in Freight Under Management and this partnership provides a great opportunity to help our customers protect and insure that valuable freight cargo inside the Redwood platform,” said David Rowe, Chief Operating Officer, Redwood Logistics. “Enabling our RedwoodConnect users to have access to the Loadsure product is yet another illustration on how we are using latest technologies and machine learning to deliver new and innovative solutions to our customers’ supply chains.” RedwoodConnect connects disparate supply chain technologies, providing users with streamlined processes, easier workflows and data sharing amongst their teams. The addition of Loadsure to the platform gives users access to accurate, affordable, wrap-around coverage to better manage risk exposure.
Senate Judiciary Committee Chairman Sen. Lindsey Graham (R-SC) speaks during the confirmation hearing for U.S. Supreme Court nominee Judge Amy Coney before the Senate Judiciary Committee on Capitol Hill in Washington, D.C., October 13, 2020. Susan Walsh | Pool | Reuters Republicans on the Senate Judiciary Committee voted to authorize subpoenas for Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey to testify about their handling of a recent unverified New York Post article about former Vice President Joe Biden's son. Twelve Republicans on the committee voted to authorize the subpoenas and ten Democrats sat out the markup in a protest of the session's earlier vote on the nomination of Amy Coney Barrett to the Supreme Court. Zuckerberg and Dorsey are already set to testify before the Senate Commerce Committee next week alongside Google CEO Sundar Pichai about alleged bias and privacy matters. The Judiciary Committee voted to compel the Facebook and Twitter CEOs to testify about their "suppression and/or censorship" of two recent New York Post articles involving unverified allegations about emails supposedly taken from a computer belonging to the Democratic presidential nominee's son, Hunter Biden.
Pedestrians walk past a home with a "Sold" sign in San Francisco. David Paul Morris | Bloomberg | Getty Images Sales of existing homes rose a higher-than-expected 9.5 % in September to a seasonally adjusted annualized rate of 6.54 million units, according to the National Association of Realtors. Sales were up 20.9% annually. Sales could be more robust if there were more homes available. The inventory of homes for sale fell 19.2% annually to just 1.47 million homes for sale at the end of September. At the current sales pace that represents a 2.7-month supply. That is the lowest since the Realtors began tracking this metric in 1982. Tight supply continues to push prices higher. The median price of an existing home sold in September was $311,800, a 14.8% gain compared with September 2019. That is a new high for this series, dating back to 1968. It is also an all-time high when adjusted for inflation. "Americans are splurging on spending for housing," said Lawrence Yun, chief economist for the NAR, noting that they are also spending more on home improvements at retailers like Home Depot and