• Reuters

    Interpublic faces muted ad spending amid Middle East conflict

    Growing tensions in the Middle East have clouded growth prospects for the advertising group, which in February flagged that the Israel-Hamas conflict would impact its business. Interpublic - which also owns McCann, Mediabrands and MullenLowe - reported revenue of $2.18 billion for the first quarter, in line with market expectations according to LSEG data. Revenue from its "all other markets" segment, which includes Canada, Africa and the Middle East, fell 6.5% in the quarter, while Asia-Pacific saw a 8.1% drop in the same period.

  • Insider Monkey

    RLI Corp. (NYSE:RLI) Q1 2024 Earnings Call Transcript

    RLI Corp. (NYSE:RLI) Q1 2024 Earnings Call Transcript April 23, 2024 RLI Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the RLI Corp. First Quarter Earnings Teleconference. After management’s prepared remarks, we will open […]

  • Reuters

    Biden notches another union endorsement as building trades back reelection

    President Joe Biden secured the backing of another union on Wednesday as the organization representing American construction workers lined up behind the Democratic incumbent and called Donald Trump a dangerous threat to the nation. The head of the North America’s Building Trade Union, which will host Biden at its legislative conference in Washington later on Wednesday, in an ad said the Republican presidential nominee "was not a good man" and was only focused on returning to the White House "to exert revenge on people." "His dark side is very, very dark and very, very dangerous for this country," said NABTU President Sean McGarvey, who said he has known Trump, a real estate developer who served in the White House from 2017-2021, for decades.