Federal prosecutors and lawyers for five former insurance executives accused of engineering a bogus reinsurance transaction to mask a drop in reserves at American International Group Inc. are in settlement talks, according to a joint court ...
2009 Chevrolet Malibu High school and college graduation is a time for thinking about new destinations—and how a new diploma holder will be getting to them. Unless they land in one of the few U.S. cities fully served by public ...
NEW YORK—A Goldman Sachs Group Inc. director told jurors at the insider-trading trial of ex-Goldman board member Rajat Gupta that he believed discussions by the investment bank's board in June 2008 about possibly acquiring an insurance ...
SINGAPORE—A European Union ban on Iran's oil could have major consequences for European oil companies in Asia, as little-understood provisions in the sanction law could see them facing investigation despite their best efforts to stay legal.
After years of delay, Congress appears ready to move forward with an overhaul of the federal program that provides insurance to homeowners in flood-prone areas.
WASHINGTON (MarketWatch) — Brighter views on employment led consumer sentiment higher in May, according to a gauge released Friday by the University of Michigan and Thomson Reuters.
A rumor from Washington appeared to juice options activity in health-care providers' stock Thursday, and stoked share gains as well. Options traders made bullish bets on the sector, and on insurance companies in particular, early in the ...
RBC Capital Markets With our concerns related to corporate IT (information technology) spending, we're proactively reducing our revenue and earnings expectations for several companies in our industry coverage.
BANGALORE – Tata Consultancy Services Ltd. is confident that growth in its financial services segment this fiscal year will be around last year's 21%, despite concerns about the sector facing a slowdown due to the volatile global economy.
By Laura Clarke and Katie Martin The prospect of Greece leaving the euro is the only thing anyone is talking about in the markets at the moment. It even has its own nickname: Grexit.
TOKYO—Major Japanese life insurers are likely to keep providing strong support to Japanese government bonds in the near term, as they steadily increase their buying of JGBs to match the duration of their assets and liabilities and as they ...
In apparent panic at the tenor of the Supreme Court argument over the constitutionality of the Affordable Care Act (aka ObamaCare), liberal law professors have exploded with anticipatory denunciations of the court's conservative ...
BEIJING (Caixin Online) — As He Jin prepared herself for the process of dying, she did it alone. Diagnosed with the final stages of liver cancer, the 24-year-old woman from Angkang of Shaanxi Province died in April this year, receiving ...