Natalie Munio Snoopy gets the boot, Hillary (quite literally) makes Donald pay up for his hateful words, Uber heckled drivers with flying ads, fans accessed secret filters during Fox’s Rocky Horror Show premiere, and Canadians think America is already great… (sorry, Trump.) Read below for this week’s top stories in marketing and advertising. MetLife says bye to Snoopy after more than 30 years as the brand’s mascot For the first time in over 30 years, MetLife has revamped its brand identify. Following a review of its creative account back in March 2015, which led to Argonaut’s appointment to the account, the life insurance company now boasts a new logo and tagline, both of which show no sign of Snoopy and his Peanut pals. In an effort to show the company was serious about helping the lives of its customers and “navigating life together” – also the brand’s new tagline – MetLife will no longer use Snoopy and the other Peanuts characters. Instead, the new simplified logo features a simple “M,” something MetLife hopes reflects a “unified” expression of MetLife’s partnership with its customers. Clinton “Trolls Trump” with new Twitter campaign – and earns campaign cash while she’s at it Trump loves to tweet. That’s certainly never been a secret throughout the tumultuous, oftentimes treacherous election season. It’s also no secret that Trump loves to angrily tweet about a variety of people and issues, including his Democratic opponent, Hillary Clinton. So the campaign was inspired to do something about it. The Twitter tool, “Troll Trump,” seeks to literally make Trump “pay for his offensive words.” Clinton supporters can sign up to automatically donate anything from 50 cents to 10 dollars to the Clinton campaign every time Trump sends a tweet. “Show Donald that his unhinged rhetoric comes at a cost,” reads the Clinton campaign website. The signup also comes with a pledge, “Hey Donald, I pledge to donate __ to Hillary’s campaign every time you tweet because I’m sick and tired of your hateful comments about the American people.” Happy tweeting! Uber optimizes wasted time drivers spend stuck in traffic with ad drones For a recent ad stunt in Mexico City for UberPOOL, drones flew over stopped traffic to taunt people and to make drivers feel guilty for not using the driving app service. The drones carried a variety of signs, with phrases like “Driving by yourself?” and “This is why you can never see the volcanos!” written on them to inspire drivers to carpool with the UberPOOL app. While some may consider the drone attack on gridlocked traffic heckling, others would say the ad-toting drones are the right move considering the app plans to double its presence in Latin America by 2018. Rocky Horror Picture Show debuted Snapchat’s first Live TV activations Following the Fox remake of the 1975 cult classic, The Rocky Horror Picture Show, a study revealed a heavy millennial engagement in the population of devoted fans. As result, for the first time ever on television, Fox and Snapchat created Snapcode activations that went live during the Rocky Horror telecast. Fox revealed the codes during the premiere, and viewers could snap them to unlock exclusive filters. Snapcode, which launched just last month, offer brands new ways to distribute filters, and the premiere of the Rocky Horror telecast was the first time the Snapcodes have been used during a TV programming event. The activations offered the devoted Rocky Horror Picture Show fans a new way to participate in the fun – using an app they’ve already come to know and love. Canadians already think America is pretty great The national unrest as result of the current political climate is so great, that even our distant Canadian neighbors have taken notice. So, as any good neighbor would do, Canada felt it was important to make Americans feel better about it all. As result, the Toronto-based agency, The Garden, launched the “Tell America It’s Great” campaign, a recreation of presidential nominee Donald Trump’s less enthusiastic, “Make America Great Again” slogan. The campaign boasts a website and an online video with a smattering of Canadian’s sharing the reasons why they believe America is already great. From our conservation efforts and philanthropy, to bringing iconic names like Beyoncé and Tupac into the world, Canadians celebrated Americans for their diversity and openness – a celebration that’s in stark contrast to Trump’s stance on borders and his staunch immigration policy. Hey, thanks Canada! -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
We expect multi line insurer Assurant, Inc. (AIZ) to beat expectations when it reports third-quarter results on Oct 25, after the market closes.
TOP STORIES ARE YOU MISSING OBAMA’S COMIC TIMING YET? At last night’s Al Smith dinner, an event where the candidates are expected to make lighthearted jabs at each other, Donald Trump was booed. Here’s a sampling of his and Hillary Clinton’s worst jokes. Trump’s national political director has taken a step back from the campaign with under three weeks to go until election day. And there’s more bad news for GOP senate candidates in tight races. [Christina Wilkie, HuffPost] ISIS LAUNCHES COUNTER-ATTACK ON KIRKUK In retaliation for the attempt to retake Mosul. And this is what it looks like to be on the front lines. [Reuters] EXAMINING 130 OF THE COUNTRY’S WORST SHOOTINGS And what they mean for the national conversation around guns in 2016. [NYT] CLINTON HEADED TOWARD $1 BILLION CAMPAIGN Trump is nowhere close. [Paul Blumenthal, HuffPost] IS THIS THE END OF THE COMMON COLD? Inside the race for a vaccine to beat the sniffles. [Mashable] ‘WE HAVE TRIED EVERY KIND OF DEATH POSSIBLE’ “But since then we have tried death by chemical weapons, by barrel bombs, by mortar shells. We have tried death by drowning in the Mediterranean, by freezing in refugee camps. We have tried death by bunker busters and cluster bombs and incendiary weapons. There is no death that the Syrian people have left to try.” [NYT] WHAT’S BREWING WE’RE STILL MOURNING PLUTO’S PLANET DEMOTION But there might just be another ninth planet out there. [NYT] ‘MIRI REGEV’S CULTURE WAR’ “The Israeli minister of culture and sports wants nothing less than an overthrow of the nation’s elite.” [NYT] METLIFE FIRED SNOOPY Good grief, is there nothing sacred in this world? [USA Today] WHO’S EXCITED FOR NINTENDO SWITCH? Biggest draw? It’s for home and portable. [Wired] SO KANYE WEST AND JAY Z HAVE BEEF Yeezy isn’t too pleased that Hov hasn’t stopped by after his wife’s robbery. [HuffPost] WE DIDN’T SEE THIS COMING Victoria Beckham is teaming up with Target. [Vanity Fair] BEFORE YOU GO ~ Here are some concert ticket buying pro-tips so you don’t end up blowing all of your rent money on Adele. ~ Barack Obama’s early emails have showed up in the WikiLeaks hack. ~ All your favorite Brits are going to be in this “Mary Poppins” sequel. ~ The FBI reportedly interviewed Angelina Jolie and her children about Brad Pitt. ~ We are only mildly obsessed with these imagined #Trumpbookreport tweets. ~ Carol Burnett is headed back to TV. ~ And the trailer for the latest “Wolverine” movie is making us feel as old as Hugh Jackman’s grizzled beard. Send tips/quips/quotes/stories/photos/events/scoops to Lauren [email protected] Follow us on [email protected] Does somebody keep forwarding you this newsletter?Get your own copy. It’s free! Sign up here. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
MetLife may have ditched Snoopy, but he won't have to work for peanuts.
Visa Inc. (V) recently announced that its CEO, Charlie Scharf, will step down from his position, effective Dec 1, 2016.
The planned separation of MetLife’s consumer unit, to be called Brighthouse, will leave the core company in a better financial position.
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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
By Alex Glenn If you want to avoid coughing up high premiums for life insurance, giving up smoking is a great start. Women who smoke pay an average of $1,071 more per year for term life insurance than nonsmokers, while men pay $1,455 more, according to NerdWallet research on rates for a 20-year, $500,000 policy at ages 35 and 45. Here's the rub: Even if you think that you've kicked the habit -- or that you never really started it -- a life insurance company might disagree. Going a month without cigarettes or switching to chewing tobacco, for instance, might be enough to remove the "smoker" label in your mind. But insurance companies are tougher to convince, and you could still face smokers' rates when shopping for life insurance even if your final drag is behind you. Here are four nonsmoking defenses that you and your life insurer may butt heads over. 1. You recently quit Seems clear enough. You no longer smoke, so your life insurer surely categorizes you as a nonsmoker, right? Well, it depends. In most cases, your life insurance quotes won't reflect your healthier lifestyle until you've been tobacco-free for 12 months. Even then, most companies reserve their best potential rates for folks who abstain longer. To crack the most affordable pricing tier, you need to avoid tobacco for three to five years, depending on the insurer. 2. You're trying to quit with help from nicotine substitutes Attempting to quit smoking is worth a pat on the back -- but not a break on your life insurance rates with some companies. In its underwriting guidelines, AIG says it still considers applicants to be tobacco users if they use any nicotine-heavy substitutes, such as gum, patches, electronic cigarettes or vaporizers. Similarly, Voya states that you will be considered a nonsmoker only if you've used "no tobacco or nicotine products in any form." However, Prudential allows nicotine gum and patch users to qualify for the company's nonsmoker prices. 3. You use smokeless tobacco Although you're not technically smoking, using chewing tobacco, snuff, dissolvables and other cigarette alternatives could still lead to higher life insurance quotes. Like cigarettes, smokeless tobacco causes serious health problems and is extremely addictive due to its nicotine content, two factors that concern most life insurers. More forgiving companies may allow occasional use of smokeless tobacco. And a few, such as Prudential and Lincoln Financial, offer varying levels of nonsmoker rates even to habitual chewers and dippers. 4. You stick to weed Although most insurers have hard and fast rules on tobacco and nicotine, their attitudes toward marijuana are evolving. Some companies allow sporadic pot use, some none at all, and others don't yet have underwriting rules in place. If you have a prescription for medical marijuana, you have a chance to qualify for the best nonsmoker rates, depending on your overall health, including the condition the marijuana is designed to treat. For nonmedicinal marijuana, depending on the company, you may be considered a nonsmoker if you use weed occasionally. MetLife, for example, offers "preferred plus" nonsmoker prices for those who get high less than once a week on average. Chronic pot users without a prescription will typically be stuck with smokers' rates or could lose out on coverage altogether. For instance, Lincoln National denies policies for those who use weed four or more times per week. Transamerica is even stricter, setting its limit at nine times per month. Whether you prefer cannabis or tobacco, it's never smart to lie about your smoking habits to get better rates when you're shopping for a policy. This is illegal and could constitute fraud if you're found out -- it could come out, for example, in a life insurance medical exam. Because one insurer's definition of a smoker may not match another's, it's good to shop around and get multiple quotes. And if you happen to start smoking after you've bought a policy at a nonsmoking rate, you can relax. Your price is based on your health and lifestyle when you purchased the policy, and bad habits you start after that can't affect your rate. Alex Glenn is a staff writer at NerdWallet, a personal finance website. Email: [email protected] -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
NEWARK — Fort Lee Mayor Mark Sokolich testified in U.S. District Court on Tuesday that an aide to Gov. Chris Christie repeatedly pressured him to endorse the Republican’s re-election campaign, first telling him that other Democrats had done so before eventually asking directly for his support.The request by Matt Mowers, a staffer in the governor’s Office of Intergovernmental Affairs, came in the weeks leading up to the George Washington Bridge lane closures — as did the mayor’s refusal to do so, Sokolich said on Tuesday as he took the stand in the trial around the George Washington Bridge scandal.The so-called Bridgegate incident, in which two lanes leading to the bridge were closed, caused days of gridlock in the Bergen County town and surrounding communities, allegedly succeeding in punishing Sokolich, which is what prosecutors say several Christie allies sought.The alleged hostility followed years of cordial relations between Sokolich and the governor’s office, which had worked hard to build friendships with Democratic politicians across the state. For Sokolich, that meant some special attention — or what felt like it to him. He was invited to football games in the governor’s box at Metlife Stadium and to holiday cocktail parties; he was twice granted VIP access to the World Trade Center construction site and Ground Zero; and he had a nearly-two-hour lunch with Christie and a few other mayors at the governor’s mansion in Princeton, Sokolich testified Tuesday. When he had cousins visiting from Croatia, Sokolich was given a short-notice tour of Ground Zero, escorted there by a high-ranking official at the Port Authority of New York and New Jersey, he said. That same official, it would turn out, was the man who plotted the lane closures: David Wildstein, a childhood classmate of Christie.“It was odd to me,” Sokolich said of what Wildstein told him. “‘So you’re the guy we have to be nice to.’ Said it several times. ‘I’ve got to be nice to you, I’m told.’ I remember because he said it multiple times within my initial minute of meeting him.”Wildstein has already pleaded guilty to his role in the bridge incident and will be the star witness for the U.S. Attorney’s Office, which is prosecuting the case. He will testify against Bill Baroni, the former deputy executive director of the Port Authority of New York and New Jersey, and Bridget Anne Kelly, Christie’s former deputy chief of staff. Both were indicted last May on charges of conspiracy, fraud and civil rights violations.By fall of 2012, Sokolich’s regular conversations with Mowers had started to turn toward Christie’s 2013 reelection campaign. Over and over again, Sokolich said, Mowers would raise the names of other Democrats who had publicly supported Christie’s bid for a second term. The township council in Teaneck had done it — maybe he’d think about it, too? Essex County Executive Joseph DiVincenzo was in — maybe Sokolich, too? “Mayor, what are your thoughts? Would you consider something like that?” Sokolich said Mowers would ask.“It wasn’t a comfortable place for me to be,” said Sokolich, who had endorsed Christie policies but never the man himself. “I was at times supportive of the governor, though I am the Democratic mayor in a predominately Democratic town. And it wasn’t something I felt I would, ultimately, be able to do. So I was uncomfortable with the conversations when we had them.”Even so, the mayor said the inquiries were gentle — never a “direct” question about whether he’d endorse or not. At least not until the summer of 2013, months before the election. That’s when the two met at a restaurant called In Napoli in Fort Lee and Mowers asked for a clear answer. Sokolich said he told him he couldn’t do it, and went on at length about why, fearing he might upset the governor’s office.“I gave him multiple reasons, because I wanted to, as gently as possible, say ‘no’ to his request,” Sokolich said.He said he didn’t want to anger the Democrats on the local City Council, didn’t want to anger a political mentor who’d balked at the idea of backing Christie and he didn’t want to upset Lou Stellato, the powerful chairman of the Democratic party in Bergen County.“I did not want to alienate them,” Sokolich said. “They’re all Democratic party loyalists.”When September rolled around, and the first day of school on the 9th, the traffic jam started. The lane closures went on for days, coming with no waring and no explanation, Sokolich and his police chief, Keith Bendul, testified on Tuesday.Cones were moved to reduce the city’s three local access lanes to the George Washington Bridge to just one. The result was traffic that backed up for miles, snaking out onto side street after side street and well beyond the confines of their 2.5-square-mile town.It was some of the most debilitating gridlock they had seen in Fort Lee, which plays hosts the world’s busiest bridge.“I would say it’s the worst traffic we had to deal with outside of 9/11,” said Bendul, who has been with the department for 27 years.When they searched for answers, though, the men found none.The chief made calls to all his contacts in the police department at the Port Authority, which controls the bridge the access lanes. Eventually the bridge’s general manager, Robert Durando, agreed to meet him that morning at the municipal parking lot, nearby the Port Authority’s building. Bendul said the man told him not to “come in the building or onto Port Authority property.”“I thought it was very weird,” he said. “I thought it was cloak and dagger.”He told him he was worried about public safety, and didn’t understand what was going on. “I told him bluntly that if anybody dies, I’m going to tell those people to sue him and everybody at the Port Authority,” the chief testified.Durando wouldn’t give him a straight answer, and eventually told him to reach out to Baroni for answers about what was happening, Bendul said.“He was very nervous. Seemed afraid,” Bendul said. “He told me that if anybody asked if this meeting occurred that he would deny it.”When Sokolich went to Baroni, he got no response. The mayor said that was despite a good relationship with him that traced back to the beginning of his tenure at the Port, where he was the highest ranking New Jersey official.He called and texted. He left multiple voicemails. No word from Baroni, the mayor said.Prosecutors played two voicemails and showed some of the text messages to the jury. It wasn’t long before the mayor thought someone was trying to punish him.“We’re in total gridlock,” Sokolich said in one voicemail left for Baroni. “I’m just trying to figure out who’s mad at me.”The mayor will take the witness stand again on Tuesday, followed by Port Authority Executive Director Patrick Foye, an appointee of New York Gov. Andrew Cuomo who ended the lane closures when he learned of them.Christie, who is currently a top adviser to Republican presidential nominee Donald Trump, has denied any knowledge or involvement in the lane-closing incident. But Wildstein’s attorney says there is evidence to prove the governor knew about the plot when it was occurring, and prosecutors on Monday endorsed that theory, saying the governor was told of the traffic gridlock and the mayor’s unanswered complaints on the third day of the lane closings.The trial is expected to last six weeks. Both defendants plan to testify.
Ипотечные банки могут оказаться под защитой регуляторов, что позволит им обходить некоторые законодательные акты.Ипотечные кредиторы в США получат больше власти над своими клиентами. По данным источников издания The Wall Street Journal, федеральные регуляторы рассматривают возможность предоставления банкам, занимающимся ипотечным кредитованием, защиты от некоторых законов. Изменения коснутся базового национального ипотечного стандарта, то есть займов клиентов с хорошей кредитной историей. В судах решения по делам о просрочке или невозможности погашения таких кредитов будут рассматриваться в пользу кредиторов. В то же время в случае категории, которая по кредитной истории все еще подходит под определение общих стандартов, но близка к сабпрайм-кредитам, банки получат меньше защиты. Ссылки по теме Власти США нашли "ипотечные грехи" Wells Fargo Рассерженные домовладельцы засудят банки США США ожидает новая волна ипотечных конфискаций Решение об изменении правоприменительной практики на руку ипотечным кредиторам. Ведь с 2008 г. семь крупных американских банков потратили более $76 млрд на судебные разбирательства и затраты, связанные с просрочкой по ипотечным кредитам. Накануне американские банки были обвинены в незаконном обогащении за счет преднамеренного манипулирования LIBOR. Согласно версии истцов банки были заинтересованы в росте ставки LIBOR в определенные периоды, когда проводился перерасчет плавающих ставок по ипотечным кредитам.Причем у истцов имеется весомое доказательство такой деятельности банков: согласно статистическому анализу ставка LIBOR постоянно повышалась именно в первый день каждого месяца в период с 2000 по 2009 гг. Однако более яркая динамика прослеживается в 2007-2009 гг., когда ставка в дни перерасчета подскакивала на 7,5 б. п.Согласно информации издания Financial Times число истцов потенциально может увеличиться до 100 тыс. Среди банков, которым предъявлен иск, UBS AG, Bank of America Corp. и Royal Bank of Scotland Plc.Ранее около 200 тыс. заемщиков обратились с требованием о пересмотре результатов отчуждения недвижимости. Это необходимо для получения компенсации в случае выявления нарушений или халатности в обслуживании ипотечных долгов, а также в процессе обращения взысканий по ним. Фактически банки могут поплатиться за излишне агрессивные действия, которые имели место быть в период между 1 января 2009 и 31 декабря 2010 гг. Среди банков, которые будут вынуждены выплатить компенсации, могут оказаться такие финансовые гиганты, как Bank of America, JP Morgan Chase, Citibank, HSBC, MetLife Bank, PNC Mortgage и Wells Fargo.
Американские домовладельцы подали иск против 12 крупнейших банков мира.Процент ипотеки, привязанной к ставке LIBOR Согласно информации издания Financial Times домовладельцы утверждают, что манипуляции со ставкой LIBOR способствовали росту выплат по их ипотечному кредиту, в результате чего они лишились своей собственности, так как не были в состоянии оплачивать растущие счета. Банки были обвинены в незаконном обогащении за счет преднамеренного манипулирования LIBOR. Согласно версии истцов банки были заинтересованы в росте ставки LIBOR в определенные периоды, когда проводился перерасчет плавающих ставок по ипотечным кредитам.Причем у истцов имеется весомое доказательство такой деятельности банков: согласно статистическому анализу ставка LIBOR постоянно повышалась именно в первый день каждого месяца в период с 2000 по 2009 гг. Однако более яркая динамика прослеживается в 2007-2009 гг., когда ставка в дни перерасчета подскакивала на 7,5 базисных пунктов."Каждый из моих клиентов понес ущерб в тысячи долларов", - заявил адвокат истцов. Ссылки по теме Власти США нашли "ипотечные грехи" Wells Fargo JP Morgan может потерять $22,5 млрд США ожидает новая волна ипотечных конфискаций Согласно информации издания Financial Times число истцов потенциально может увеличиться до 100 тыс. Среди банков, которым предъявлен иск, UBS AG, Bank of America Corp. и Royal Bank of Scotland Plc.Ранее около 200 тыс. заемщиков обратились с требованием о пересмотре результатов отчуждения недвижимости. Это необходимо для получения компенсации в случае выявления нарушений или халатности в обслуживании ипотечных долгов, а также в процессе обращения взысканий по ним. Фактически банки могут поплатиться за излишне агрессивные действия, которые имели место быть в период между 1 января 2009 и 31 декабря 2010 гг. Среди банков, которые будут вынуждены выплатить компенсации, могут оказаться такие финансовые гиганты, как Bank of America, JP Morgan Chase, Citibank, HSBC, MetLife Bank, PNC Mortgage и Wells Fargo. В результате банки могут быть вынуждены заплатить по каждому из обращений от $500 до $125 тыс. за совершенные ошибки. Эти ошибки могут включать отчуждение недвижимости у тех заемщиков, у которых не было дефолта по их ипотеке, или отклонение ходатайства об изменения условий кредитования даже при том, что оно должно было быть одобрено в соответствии с указаниями правительства.Также стало известно, что Федеральная резервная система и Управление контролера денежного обращения Министерства финансов США продлили для заемщиков крайний срок подачи заявлений о пересмотре взысканий по ипотеке, который установлен до 30 сентября.