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A Japanese accounting group is seeking to ease rules on how life insurers book paper losses on government bonds, a move that would provide a relief for the major holders of the nation’s debt. Processing ContentUnder the proposal, bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting. The Japanese Institute of Certified Public Accountants is seeking public comments on the proposal, which was posted on its website on Tuesday.Shares of insurers led gains on Wednesday in Tokyo. The Topix Insurance Index…

Updated 2026-02-18T17:08:34.327Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Thanks to the postwar Baby Boom and other factors, families in the ’50s began moving to the suburbs. Levittown in Long Island, New York, is widely recognized as the first modern American suburb. Each home looked the same — they were all built in the Cape Cod-style and…

Attorney General Pam Bondi speaks alongside President Trump in the briefing room at the White House in June 2025 in Washington, D.C. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images Of all the ways President Trump has pushed the boundaries of executive power, one stands out to lawyers and watchdogs. The president wants the government he leads to pay him billions of dollars. Trump has filed multiple claims arguing he’s been hurt by Justice Department investigations and the leak of his tax returns years ago. Now it’s up to his own political appointees to determine whether to settle…

“I guess we’re moving to Canada.”It was a quiet, almost outrageous statement considering our position. Just a few weeks earlier, Hurricane Dorian had slammed into our home in the Bahamas, a country I’d lived in my entire life.My family had spent 24 hours trapped in our attic, praying the roof would hold before evacuating to nearby Florida.Once we arrived, we found ourselves stuck in immigration limbo.For as long as possible, we tried to remain in Florida, close to home. However, in the wake of the disaster, the US authorities limited many Bahamians to stays of only a few weeks, our…

New York City Mayor Zohran Mamdani has thrown down an ultimatum, threatening to raise property taxes by nearly 10% as a way to lobby Governor Kathy Hochul for more funding.  Processing ContentThere’s just one problem. Hochul — who is running for reelection in November — hasn’t budged on her refusal to raise taxes on corporations and wealthy residents, repeatedly saying there is no reason to hike the levies at this time. What’s more, City Council leadership is adamant they oppose a property-tax increase. The proposal would need approval from the council to be implemented.Mamdani was elected on a wave of optimism and…

A group of Starbucks investors is escalating their pressure campaign over the coffee giant’s ongoing labor turmoil — and this time, they’re targeting the board.Ahead of the company’s March 25 annual meeting, a coalition of long-term shareholders that have advocated for workers’ rights is urging investors to vote against the reelection of Jørgen Vig Knudstorp, the lead independent director, and Beth Ford, the chair of the nominating and corporate governance committee. The group cites what they call “sustained oversight failures of labor relations.””We have a world‑class board of directors with deep, relevant expertise, who is supporting our management team in…

Food and Drug Administration Commissioner Marty Makary told CNBC that he believes “everything should be over-the-counter” unless a drug is unsafe, addictive or requires monitoring – doubling down on a push that some in the pharmaceutical industry have questioned. In an interview on Wednesday in Washington, D.C., Makary said the FDA’s aims to make changes this year that allow more companies to make their prescription medicines available over-the-counter, or OTC. He noted that the agency is going through “the proper regulatory processes” to update OTC monographs –  the rulebooks that determine which drugs can be sold without a prescription. Makary said the…

Walmart CEO John Furner, left, and Target CEO Michael Fiddelke.Walmart (L) | Getty Images (R)When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. Both companies had leadership changes this month: Walmart CEO John Furner and Target CEO Michael Fiddelke, both longtime company insiders, took on their roles on Feb. 1.The rival retailers have contended with the same economic challenges. U.S. consumers are still spending, but buying selectively, as inflation and…

Jake Paul was a firebrand YouTuber. Then he was an NFT merchant, and a betting site operator. Now, Paul is a professional boxer — and venture capitalist. And he’s learning from one of the biggest names in tech.On “Sourcery,” Paul said that he met OpenAI CEO Sam Altman while sitting next to each other at President Donald Trump’s inauguration.”Sam likes fast cars, and so do I,” Paul said. “So, we just started talking about cars, and then we got along, and that was really it.”Paul’s Anti Fund — which is also led by his brother Logan and longtime founder Geoffrey Woo…

Last year, the bears came out of hibernation.There were 166 short-selling campaigns launched in 2025, according to industry tracker Diligent Market Intelligence — a 55% bump compared to 2024. The vast majority were based in the US.The most targeted companies were technology stocks that had been boosted by market-wide optimism about artificial intelligence, Josh Black, the author of Diligent’s report, told Business Insider. The report identified Applovin, a company that helps iPhone apps monetize users via advertising technology, as an example of a common short. The company’s stock is down nearly 40% this year.The spike in short-selling campaigns may be…