- Reuters
Aon first-quarter profit grows on gains from investments, funds
Interest income rose nearly six times to $28 million in the first quarter ended March, primarily due to interest earned on $5 billion investment of debt proceeds used to fund the purchase of NFP. Last year, Aon agreed to buy privately held NFP in a deal valued at about $13.4 billion to tap the fast-growing middle-market segment of insurance brokerage, wealth management and retirement plan advisory. Fiduciary investment income, which rose to $79 million in the quarter from $52 million a year ago, refers to interest earned on funds held in a fiduciary capacity by entities acting in a custodial role.
- The Telegraph
Wales is becoming a safe haven for trans extremists
For years, parents, teachers, clinicians, women’s-rights groups and others across the UK challenged, quite reasonably, the assumptions behind diagnoses of “gender dysphoria” in the young – and the evidence base for the treatment being prescribed.
- Reuters
Daimler Truck faces imminent strike by over 7,300 US workers
Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members. The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week. "Workers' wages at Daimler have not kept up," he said on Tuesday.
