German Insurance Giant Slumps In Face of Overhaul

Talanx AG, Germany's third-biggest insurer, slumped after saying it began an overhaul of its German consumer division. Talanx lost as much as 10 percent, the biggest intraday decline since the shares ...

Hedge Funds Gain by Gambling on Lawsuits

For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new ...