Global Economy
CEOs Tossing Fewer F-Bombs as Economy Improves
The chief executive officer of Scotts Miracle-Gro Co. is no stranger to profanity in his calls with analysts. On May 5, James Hagedorn did something different: After swearing, he apologized. Bad ...
Senate Overwhelmingly Approves TRIA Renewal Bill
The U.S. Senate overwhelmingly approved a bipartisan bill that would renew the Terrorism Risk Insurance Act, even as the House struggles to schedule a floor vote for its version before the August ...
Typhoon Advances to China After Killing 6 in Philippines
At least six people were killed as the strongest storm to make landfall in the Philippines this year lashed Manila, shutting schools, offices and financial markets and knocking out power across most ...
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
How Big is the Shale Boom? Estimates Confound Forecasters
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, ...
Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis
Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...
Andrew Carrier Jumps from Argo to Everest Re
Bermuda holding company Everest Re Group Ltd. is bringing on Andrew Carrier as the new president of Everest Advisors, U.K. and general manager of European Operations. Carrier was most recently chief ...
Infrastructure Investments Lack Political Support: Allianz
Allianz SE said a lack of political support prevents investors from contributing more money to infrastructure projects such as roads or power and gas grids. "Politicians are still convinced ...