Leadership
Greenberg Among Investors Buying Landmark Tokyo Building
A group including former U.S. insurance magnate Maurice "Hank" Greenberg and an Abu Dhabi sovereign fund have agreed to buy a prominent Tokyo office building for $1 billion, the biggest property deal ...
Small Businesses Leading Hiring Rebound
Chris Yura says it took about six months before he could afford to hire the first employee for the clothing company he started in June 2009. SustainU Clothing now has 20 workers, about half ...
Progressive ‘Body Punching’ Way to Greater Acceptance of Snapshot Product
Progressive Corp., the fourth-largest U.S. auto insurer, is searching for the right message to attract customers to a product that tracks a person's driving to set rates, Chief Executive Officer ...
Nuveen Investments Sues AIG, Former Executives Alleging Securities Fraud
Twenty-five Nuveen Investments Inc. funds sued American International Group Inc., claiming the company committed securities fraud in the months leading up to the U.S. financial crisis in 2008. Also ...
Why Greed Isn’t Good
Imagine yourself betting on the long- term survival of two types of people. One is the classic egoist, focused and ruthless. The other is more selfless, willing to help fellow humans without any ...
Berkshire Beats Bond Rout, Other Insurers By Avoiding Bonds
Warren Buffett's preference for buying stocks and whole companies rather than bonds is helping Berkshire Hathaway Inc. weather a spike in interest rates better than other insurers. Book value rose 2 ...
How Topgrading Helped One Commercial Insurer Hire Nearly All ‘A’-Level Managers
Argo Group has nearly doubled its hiring of topnotch, "A"-level managers over the past five years, using a hiring protocol known as Topgrading—a rigorous process designed to eliminate much of the ...
As New York City Comptroller, ‘Sheriff of Wall Street’ Spitzer Would Face Limits
Eliot Spitzer promises that if he gets elected New York City comptroller, he'll reimagine the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially ...