Financial Markets, Insurance, and Real Estate
Warren Buffett had at least three opportunities in 2008 to help Lehman Brothers Holdings Inc, but failure to enlist his aid contributed to Lehman's bankruptcy and the global financial crisis, a court-appointed examiner said.
Touting a new initiative to reduce waste in Medicare, Medicaid and other government programs, President Obama traveled to suburban St.
The S&P 500 rose overnight as investors snapped up shares of bailed-out financial companies on hopes the sector may be poised for a recovery as the US economy improves, while a drop in oil producer Chevron's stock pushed the Dow slightly lower.
Pharmacy benefits manager Medco Health Solutions Inc. said even though its CEO took a 7 percent pay cut in 2009, he still received $13.3 million in total compensation, according to Associated Press calculation of figures filed with regulators.
Caterpillar Inc. today announced it has undertaken a study that could lead to a new hydraulic excavator facility being built in the United States.
March 12 -- Giles Keating, global head of research at Credit Suisse Group, talks with Bloomberg's Rishaad Salamat about the risk of the Greek debt crisis spreading to other euro-zone members.
Insurance Australia Group says natural peril costs will exceed its budgeted allowance for the second half after the severe weather in Victoria.
CHARLOTTE, North Carolina - International Lease Finance Corp., the aircraft-leasing unit of American International Group Inc., is looking to raise $1.3 billion in loan offerings as it seeks new funds to help repay some of its debt.
Thousands of Bernard Madoff's victims are learning they've been in the cross-hairs of yet another billion dollar scam.
Reinsurer Everest Re Group Ltd. on Wednesday estimated its preliminary loss relating to the earthquake in Chile at $225 million.
Media reports on Wednesday indicated drugstore chain Walgreen Co. is in talks about a plan to offer prescription drugs directly to employees of Delta Air Lines Inc.
March 11 -- Bloomberg's Hugh Son talks with Erik Schatzker about the Federal Reserve Bank of New York and American International Group Inc.'s agreement to shoulder as much as $450 million in losses tied to the insurer's Japan real estate bets as part of the sale of a division to MetLife Inc.
