Swiss Re puts Chile quake insurance cost at $4-7BN
Swiss Reinsurance Co. said Wednesday that the strong earthquake in Chile last month will cost the insurance industry $4-7 billion, an estimate shared by its Germany-based rival Munich Re AG.
Stocks Rise After Financial Stocks Jump On Rumors
Financial companies have led stocks higher on the one-year anniversary of the market's hitting a 12-year low.
Shares of bailed out companies surge
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc.
Internet scam targets Madoff victims
Ponzi swindler Bernard Madoff leaves Federal Court in March 2009. If anyone should be wary when something sounds too good to be true, it's Bernie Madoff 's victims.
Health Care Activists Plan Protests
Health care activists are planning to protest in the nation's capital against what they call the "greedy and abusive health insurance industry." Organizers with Health Care for America Now say they will gather at Dupont Circle Tuesday morning and hear from former Vermont Gov.
Wall Street, U.S. Government Await AIG's Next Move: Video
March 9 -- Bloomberg's Sheila Dharmarajan reports on the outlook for business ventures for American International Group Inc.
NC activists plan DC rally against health insurers
Scores of state workers are taking a bus from North Carolina to Washington to join a rally protesting insurance industry opposition to overhauling health care.
Nasdaq rises on upgrades, market barely budges
NEW YORK Technology shares pushed the Nasdaq higher on Monday on an otherwise flat day for stocks, led by BlackBerry maker Research in Motion and Cisco Systems.
Pennsylvania Ave.: Excerpts from Obama speech
"Signs" of discontent in health care protest>> Obama's health care speech: the excerpts Posted by Colby Itkowitz at 10:11:16 AM on March 8, 2010 Sitting here at Arcadia University in Montgomery County waiting for President Barack Obama to rally this auditorium.
AIG, McDonald's, IMAX, Yahoo Are Big Movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: American International Group Inc., up $1.02 at $29.10 AIG said it will sell its American Life Insurance Co.
Plainfield lands 250 logistics jobs
A start-up logistics firm announced today its hopes to create 250 jobs from its headquarters and distribution operations, according to a statement from an economic development board.
TABLE-Nichias -2009/10 parent forecast
Nichias Corp is a manufacturer of ceramic construction materials. For latest earnings estimates made by Toyo Keizai, please double click on 5393.TK1. Cyclical Consumer Goods Cyclical Consumer Goods More from Reuters MetLife set to buy AIG's Alico unit: sources NEW YORK - AIG was closing in on a deal on Sunday to sell its foreign life insurance unit ...
Stock futures rise slightly ahead of opening
Stock futures rose slightly Monday as investors welcomed a fresh round of corporate deals.
AIG Financial Products employees defended bonuses: Report
Employees of American International Group Inc.'s financial products division sounded off behind closed doors as criticism mounted about millions in bonuses they received after the government bailed out AIG, the Washington Post reported Thursday.
Pru's Thiam aims to charm top UK shareholders on AIA: report
Prudential Plc CEO Tidjane Thiam will attempt to charm leading shareholders on Monday, moving to quell disquiet over the British insurer's $35.5 billion bid for AIA, the Asian arm of American International Group , the Financial Times reported on its website.
AIG nears $15B deal to sell unit to MetLife
American International Group Inc was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15 billion in cash and stock, ultimately giving it more than 20 percent of MetLife, sources familiar with the matter said.
Invitation To Obama: Front Row At CIGNA Headquarters
It's not exactly Phillies tickets or a tour of Independence Hall. It's an invitation to see insurers at work.
Goldman Leads Slumping Merger Market as Buffett Deal Boosts Hopes for 2010
A pair of takeovers by billionaire investor Warren Buffett and oil giant Exxon Mobil Corp.
Pensions apartheid: How women are missing out by being born on the wrong date
As many as 110,000 women retiring this year could lose more than 20,000 of state pension over their remaining years simply because they were born on the wrong date.
Corporate America Lends a Hand - This time it's about more than writing a check
Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010.
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