United States News

Trade Ministers at Davos Express Pessimism on Reaching WTO Accord

Trade ministers expressed gloom on Saturday, January 30, about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging. Ministers from about 20 major economies held informal talks on the sidelines …

EU Welcomes China’s Support Against Somalia Piracy

China’s participation in an international naval operation to protect ships from pirates off the coast of Somalia should help improve maritime security in the Horn of Africa, an EU naval commander said Thursday. China said late last year it would …

Congress to Probe Toyota Recalls

Congressional investigators Thursday sought documents from Toyota Motor Corp and U.S. safety regulators about a pair of safety recalls the automaker was racing to address. House Energy and Commerce Committee Chairman Henry Waxman said he would hold a hearing next …

Obama Job Drive Earns Business Plaudits at Davos

Wall Street executives welcomed U.S. President Barack Obama’s plan to create jobs and a softening of his attack on banks, but questioned on Thursday whether proposals in his State of the Union address would become law. Obama pushed job creation …

Treasury Secretary Geithner Denies Role in AIG Disclosure

U.S. Treasury Secretary Timothy Geithner flatly denied any role in counseling American International Group Inc. to keep quiet about payments it made to leading banks during a 2008 rescue of the stricken insurer. Geithner faces a grilling on Wednesday before …

U.S. Businesses Face Increasing Threats From Chinese Cyber Attacks

U.S. businesses and government agencies are facing increasing risks of potential cyber attacks from China, according to a recent report. And IT departments that react defensively to such attacks may not be doing enough to prevent a “long term, sophisticated …

Chimpanzee Attack: Clinic Can’t Do Transplants for Connecticut Victim

A hospital that performed America’s first face transplant has told the family of a woman mauled and blinded by a chimpanzee a year ago that she is not a candidate for a face and hand transplant. Charla Nash’s family is …

Prime Insurance Syndicate, Inc. Jury Verdict Rules in Favor of Insurer in Hurricane Katrina Claim

Reassured by jury’s unbiased decision Chicago, Illinois and Salt Lake City, Utah (January 27, 2010). Prime Insurance Syndicate, Inc. was successfully defended in a Hurricane Katrina lawsuit in the United States District Court for the Southern District of Mississippi. This …

CSE Sponsors Essay Contest To Promote Driver Safety

San Francisco-based Civil Service Employees Insurance Group (CSE Insurance) has launched the 2010 CSE Youth Scholarship Program, an annual essay competition designed to promote awareness of driver safety among young people. As part of the program, CSE will designate $12,000 …

Socius Insurance Names Zimmerman VP in Miami

Socius Insurance Services Inc., a San Francisco-based management liability and property and casualty insurance wholesaler, has appointed Cynthia A. Zimmerman as vice president in its Miami office. She is charged with new business development responsibilities, focusing on management liability and …