Tag Archives: pays

Franklin Templeton CEO Jenny Johnson says active management pays off during extreme volatility

With $1.5 trillion in assets, Franklin Templeton is among America’s top 10 asset managers, and growing. Over the last few years, the firm has acquired asset manager Legg Mason, custom index provider O’Shaughnessy Asset Management, and secondary private equity investor Lexington Partners, among others. President and CEO Jenny Johnson says it doesn’t end there. She’s focused on bolt-on acquisitions in technology and ... Read More »

NASA Administrator Pays Tribute to Senior Advisor Mark Geyer

The following is a statement from NASA Administrator Bill Nelson on the passing of Mark Geyer, senior advisor to associate administrator Bob Cabana, and former center director at the agency’s Johnson Space Center in Houston: “Today, we mourn the loss of a giant for human spaceflight and a beloved member of the NASA family: former Johnson Space Center Director Mark ... Read More »

Who Pays For Wildfire and Hurricane Damage? Everyone.

New Mexico homeowners might think their inland location buffers them from the financial toll of climate change, but they’re still paying for climate-related property damage occurring in coastal states. New research finds that homeowners in New Mexico and other states that are more lenient in their regulation of homeowners insurance prices are subsidizing the rising cost of insuring residential property ... Read More »

Apple Pay’s adoption rate hits 35% mark in US; service coming to GAP next year

Apple has revealed that the adoption rate for its mobile payments service – Apple Pay – in the US has crossed the 35% mark, which translates into 4 million locations. The revelation was made by Apple Pay chief Jennifer Bailey. Bailey noted that the service’s adoption in the country jumped from 4% to 35% in just two years. Commenting on ... Read More »

Hospital pays $17,000 ransom to get access back to its encrypted files

A Los Angeles hospital has paid US$17,000 to cyberattackers who crippled its network by encrypting its files, a payment that will likely rekindle a fierce debate over how to deal with a problem known as ransomware. Hollywood Presbyterian Medical Center issued a statement saying that its systems were restored on Monday, 10 days after malware locked access to its systems. ... Read More »