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$764 million pension payout for UFCW union members

Apollo Is Opposing Push to Tighten Rule for Key Insurance Business

(Bloomberg) Apollo Global Management Inc. is combating a campaign to toughen rules for corporate pension plans that want to offload their obligations to insurers, a crucial growth area for its Athene retirement annuities business.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesUS Recession Becomes Closer Call as Economists Rethink ForecastsApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tensio

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