Benmosche $6M Bonus is 50% Above Target

Robert Benmosche, the chief executive officer of American International Group Inc., received a $6 million cash bonus for 2013, 50 percent more than his target amount. Benmosche, 69, also received a ...

U.S. Investors Closely Monitoring Allianz’s PIMCO

Several U.S. institutional investors said they are closely monitoring the developments at PIMCO, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing ...

Highlights from Warren Buffett’s Annual Letter

Investors eagerly await Warren Buffett's letter to Berkshire Hathaway Inc. shareholders each year for its plain-spoken insight into the billionaire's financial strategy and economic predictions. ...

Buffett Seeks More Elephants

Warren Buffett's Berkshire Hathaway Inc. on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. ...