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Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...

Nvidia CEO sells 100,000 shares of company stockJensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share.CheddarNvidia's NVDA.O stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion,...

Jennifer Saibil  |  The Motley FoolNvidia CEO sells 100,000 shares of company stockJensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share.CheddarNvidia (NASDAQ: NVDA) stock has lost some of its momentum this year after gaining 1,400% over the past five years. It's lost some investor confidence for a number of reasons, including fears that new artificial intelligence (AI) models won't need its powerful chips and regulations that limit what the company can ship to China.But many...

General Motors: History, innovation, and legacyLearn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology.Two popular Chevrolet models will move to U.S. plants from Mexico.The plan is to produce gas-powered full-size SUVs and light duty pickup trucks at Orion Assembly in Michigan early 2027.GM also is retooling its Fairfax Assembly plant in Kansas and the Spring Hill Manufacturing plant in Tennessee.General Motors will invest $4 billion in three U.S. manufacturing sites over the next two...

Mae Anderson and Paul Harloff  |  Associated PressNew York — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher...

BAKU, Azerbaijan, May 6.​ The Central Bank of Azerbaijan (CBA) has released the official exchange rates as of May 6, Trend reports. According to the CBA, the official exchange rate for the US dollar remains unchanged at 1.7 manat. The euro's exchange rate is 1.9252 manat, while the Turkish lira is worth 0.044 manat. Additionally, 100 Russian rubles are equivalent to 2.1118 manat. Currencies Code Exchange rate 1 US dollar USD 1.7 1 euro EUR 1.9252 1 Australian dollar AUD 1.0996 1 Belarusian ruble BYN 0.5543 1 Bulgarian Lev BGN...