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Steve Cahillane previously led Kellogg through its own breakup two years ago.
Wildfires and severe storms are the main driver of losses, accounting for 83% of the total insured losses, according to Swiss Re.
Consumer sentiment is low and the job market is shaky. Shoppers are still spending during the holidays.
Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers.
Frontier Airlines is replacing its CEO, Barry Biffle, with the carrier's president.