American International Group Inc., being kept afloat by a $180 billion government bailout, may sell its downtown Manhattan headquarters. “AIG is evaluating the potential sale of its headquarters building at 70 Pine Street and the 72 Wall Street building,” said …
President Barack Obama will propose shaking up U.S. financial regulation to protect the economy and improve government handling of failing firms, an administration official told Reuters Wednesday. Intended to prevent problems like the 2008 blow-ups of Bear Stearns and Lehman …
A New Jersey judge Tuesday denied a request to certify a class action against Merck & Co. on behalf of consumers who sought reimbursement of out-of-pocket expenses for their use of the withdrawn pain drug Vioxx. The ruling marked the …
The House , reacting to public furor, will vote today on a bill to recoup most of the bonuses paid to AIG executives after the insurer got billions of dollars in government aid, Democratic leaders said Wednesday. The bill would …
William Stovin, president and COO of Markel International, has been going in both directions since 2000. That’s the year its parent, Virginia-based Markel Corp., bought the UK and Lloyd’s insurer Terra Nova. Stovin’s been in charge of both shrinking that …
John Ibbett and pigs go back a long way. “The pig manager pushed me round in a pram,” recalls Ibbett, whose family has been farming on the same site since 1939. Now he’s proud his family farm can turn muck …
The United Nations is concerned about the possibility of collaboration between pirates and government officials in Somalia’s Puntland region, according to a new U.N. report released Wednesday. The report, prepared by the office of U.N. Secretary-General Ban Ki-moon for the …
The president of the Oklahoma Bar Association blasted legislative proposals to change the state’s civil justice system, charging that the measures are an assault on the judiciary and would harm average Oklahomans. Guymon attorney Jon Parsley said supporters of sweeping …
The family of a Connecticut woman mauled by a chimpanzee last month filed preliminary legal papers seeking $50 million in damages against the primate’s owner. Relatives of Charla Nash filed the legal papers, which are prelude to an expected lawsuit, …
A Connecticut trucking company owner whose poorly maintained dump truck lost control and caused a fiery crash that killed four people in 2005 has pleaded guilty to manslaughter and assault charges. David Wilcox, 73, entered the pleas as jury selection …
