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Losses for world stocks...Study: Trump actions trigger health premium hikes for 2018...Maven Gig is going nationwide

By The Associated Press | Posted - Aug. 10, 2017 at 4:42 a.m.



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TOKYO (AP) — Escalating tensions over North Korea's nuclear ambitions are rattling investors today, helping to pull global share benchmarks lower. In early trading, Germany's DAX, the CAC 40 of France and Britain's FTSE 100 are down. Most Asian markets closed with losses. And Wall Street futures are signaling that the S&P and Dow are expected to open lower.

WASHINGTON (AP) — A nonpartisan study says that the Trump administration's own actions are triggering double-digit premium increases for next year on individual health insurance policies purchased by many consumers. The analysis from the Kaiser Family Foundation finds that mixed signals from President Donald Trump have created uncertainty that's leading insurers to seek higher increases than they would have otherwise. Premiums are going up 10 percent or more in 15 of 21 major metropolitan areas studied.

DETROIT (AP) — Maven Gig is going nationwide. The General Motors service lets drivers rent cars by the week and use them for ride-hailing and other services. Maven Gig began this spring in San Diego and San Francisco. It will launch in Los Angeles today and it's coming to Baltimore, Boston, Detroit, Phoenix and Washington, D.C., this fall. Drivers rent the cars through an app and get insurance and unlimited miles. They can use them for ride-hailing through Lyft or Uber, delivering food through services like GrubHub or delivering groceries through InstaCart.

SEOUL, South Korea (AP) — Ride-hailing company Uber is expanding its food delivery service to South Korea. The San Francisco-based company's launch today of UberEats in Seoul comes as it continues its talks with local authorities to resume its flagship ride-hailing service. Before UberEats, Uber's presence in South Korea was almost non-existence

COPENHAGEN, Denmark (AP) — Danish toy company Lego has appointed Niels Christiansen as its chief executive. Christiansen headed thermostat-maker Danfoss for nine years. He replaces Bali Padda, who took over as interim CEO in January. Padda will hold a "special advisory" role within the group. In March, Lego said its 2016 revenue grew 6 percent to 37.9 billion kroner ($6 billion), the highest figure in the company's 85-year history.

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The Associated Press

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