Diego Segura

In effect, SVB didn’t have the technological infrastructure to handle the influx of deposits that came into it during the pandemic, nor the investment skill to manage all that new money. It took what appeared to be a safe route of investing in long-dated Treasuries but failed to recognize that in a rising interest rate environment they would lose... See more

Still, becoming a real, regulated insurance carrier meant Lemonade needed more time to launch and more capital to grow. (A carrier typically must maintain cash reserves equal to at least a third of revenue, Sagalow notes.) So far, the capital has flowed—and from some big names. Through 2017, Lemonade raised $180 million in four rounds. In 2019, it... See more

Tapestry will likely boost margins by moving more of the Capri businesses to the direct-to-consumer channel. (About 90 percent of Tapestry’s sales are D.T.C., a big number for any brand.)

A YouTube-generated video for a song titled “Banayenge Mandir”, which translates to “We will build a temple”, referring to the construction of Ram Temple on the site of Babri Masjid, gathered over 70,000 views as of this writing. Last month, a mob of Hindu men climbed atop a mosque’s walls in the state of Karnataka, dancing to the song and singing... See more

James Daly, president and chief executive for United States operations at Euler Hermes, said that rates varied, but someone insuring $1 million in receivables through the company’s Simplicity plan could expect to pay an annual premium of around $7,000.

I used to get all huffy about Ralph Lauren shows because they don’t budge one bit forward. Maybe I’ve softened, but I not only don’t care about that any more, I don’t think they should. Lauren is really like Lagerfeld of America, and his ideas hold up. The revolution will come when it’s time.