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MetLife pins hopes on Trump as CEO reshapes insurer

  Bloomberg For MetLife Inc. Chief Executive Officer Steve Kandarian, the Donald Trump era looks like just what he’s been waiting for. After complaining for years about capital standards, proposed sales restrictions and low bond yields that pressure investment income on the company’s fixed-income portfolio, the CEO sees promise. “The prospect of higher interest rates and a more favorable regulatory ...

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Tesla falls short of IIHS top safety pick rating

  Bloomberg Tesla Motors Inc.’s Model S, once touted by the company as achieving a record-high safety score, fell short of a top designation an insurance group has awarded to 42 other new models on the market. The Model S sedan earned an acceptable rating in one of the Insurance Institute for Highway Safety’s five crash tests, a level shy ...

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Apple to design new chip for its future Mac laptops

  Bloomberg Apple Inc. is designing a new chip for future Mac laptops that would take on more of the functionality currently handled by Intel Corp. processors, according to people familiar with the matter. The chip, which went into development last year, is similar to one already used in the latest MacBook Pro to power the keyboard’s Touch Bar feature, ...

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