Lemonade (NYSE: LMND), the insurance company powered by artificial intelligence (AI), has lost favor with investors, and its stock has declined significantly since early 2021. The market is disappointed that the company's highly publicized AI has not provided the promised benefits. Here are three reasons things are looking up for Lemonade.
The companies plan to merge their Indonesian units, PT XL Axiata and PT Smartfren, and are currently discussing the structure of a deal which could involve a mix of cash and shares, Bloomberg News said on Thursday. A non-binding agreement may be reached in the coming months, allowing the companies to continue negotiations and carry out due diligence, the report said, adding that there was no guarantee that a deal would go through.
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China defended the veracity of its economic numbers and asserted its military spending was "transparent and reasonable", while dismissing as "typical double standards" comments made this week by the head of the U.S. Indo-Pacific Command. In March, China said it would boost defence spending by 7.2% this year, with an allocation of 1.55 trillion yuan ($214 billion), slightly outpacing last year's increase and swifter than the government's modest economic growth forecast. In his remarks on Tuesday, U.S. Admiral John Aquilino said China's economy had been battered by turmoil in the real estate sector and its official growth rates were "not real".
Rachel Reeves has given an insight into the Opposition’s plans to invigorate the business sector.
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Action in courts and state capitals around the U.S. this week have made it clear again: The overturning of Roe v. Wade and the nationwide right to abortion did not settle the issue. One iteration of the issue was back before the U.S. Supreme Court on Wednesday for the second time in a month. Meanwhile, Arizona lawmakers took a step toward repealing a near-total ban before enforcement can begin; California's governor pitched providing an outlet to abortion providers and patients from neighboring
A memorial at the National Cathedral in Washington on Thursday will honor the seven World Central Kitchen aid workers killed by Israeli airstrikes in Gaza earlier this month. José Andrés, the celebrity chef and philanthropist behind the Washington-based World Central Kitchen disaster relief group, is expected to speak at the celebration of life service, and famed cellist Yo-Yo Ma will perform, organizers said. The Biden administration said Thursday that Douglas Emhoff, husband of Vice President Kamala Harris, and U.S. Assistant Deputy Secretary of State Kurt Campbell would be among senior administration figures attending.
OKLAHOMA CITY (AP) — Shai Gilgeous-Alexander scored 33 points and the Oklahoma City Thunder beat the New Orleans Pelicans 124-92 on Wednesday night to take a 2-0 lead in their first-round Western Conference playoff series. Chet Holmgren had 26 points and seven rebounds and Jalen Williams added 21 points for the top-seeded Thunder, who shot 59% from the field and made 14 of 29 3-pointers. Jonas Valanciunas scored 19 points and Herb Jones and Brandon Ingram added 18 each for the Pelicans. New Orle
The Oklahoma City Thunder defeated the New Orleans Pelicans, 124-92. Shai Gilgeous-Alexander led the Thunder with a Playoff career-high 33 points along with 5 assists as Chet Holmgren added 26 points and 7 rebounds, both career-highs in his second postseason game. Jonas Valanciunas led the Pelicans with 19 points and 7 rebounds. The Thunder lead the best-of-seven series, 2-0, with Game 3 taking place on Saturday, April 27, 3:30 PM ET, TNT.
Trust ordered to pay woman thousands after incorrect ultrasound diagnosis
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Gov. Gavin Newsom announced a bill, SB 233, Wednesday that would expand abortion access for Arizona residents.
Honor and Huawei were tied for the top spot, with Honor's market share rising to 17.1% and Huawei's share climbing to 17%, IDC said, while the iPhone maker's market share fell to 15.6%. The IDC declares a statistical tie when the difference between the share of revenue or shipments between two or more vendors is 0.1% or less. "Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," Arthur Guo, senior research analyst at IDC China said in the report.
Hollister animal rescue operators charged with animal cruelty appear in court
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