March 24, 2009
World Trade Organization Director General Pascal Lamy pressed U.S. trade officials Monday for a strong commitment to finishing the Doha round, while a U.S. business leader warned against accepting a “phony deal” just to wrap up the talks. Lamy’s trip …
March 23, 2009
Kansas Gov. Kathleen Sebelius is President Barack Obama’s choice for secretary of health and human services. Sebelius, 60, is seen as a solid choice to head HHS because as a governor responsible for the Medicaid program in Kansas, she faced …
March 23, 2009
Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local level. Former Gov. Jeb …
March 23, 2009
The Insurance Brokers and Agents of the West (IBA West) installed the association’s new officers and directors. The following will serve in 2009: President Richard E. Dinger of Crescenta Valley Insurance, who is the association’s youngest president; President-Elect: Kevin M. …
March 20, 2009
New York City could lose $3 million in tax revenues if insurer American International Group’s workers are forced to hand back their bonuses, the city comptroller said on Thursday. Wall Street is the taproot of New York City’s economy and …
March 20, 2009
Small crowds of protesters angered by the government’s $180 billion bailout of AIG marched in cities across the United States Thursday, mocking bonuses paid to employees who helped push the company to the brink of collapse. The largest U.S. labor …
March 19, 2009
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 …
March 19, 2009
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 …
March 19, 2009
The head of the nation’s most vilified corporation sat before irate lawmakers at a U.S. congressional hearing Wednesday and was assured, “We don’t intend to harass you.” Then the harassment began. Edward Liddy, chairman and chief executive of insurer American …
March 19, 2009
The U.S. House of Representatives swiftly passed a bill Thursday to recoup controversial bonuses paid to American International Group Inc. as Treasury Secretary Timothy Geithner tried to calm the furor by taking responsibility. In the face of public outrage at …