Markets
Bernanke Says Fed Likely To Reduce Stimulus This Year
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. ...
eBay CEO Confident Of Getting China Payments License
eBay Inc.'s PayPal division will become the first foreign company to secure a payments license in China, CEO John Donahoe predicted, but he cautioned that the e-commerce giant is taking a cautious ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
Perry, Seow Appointed to PartnerRe Board
PartnerRe Ltd. announced Tuesday that Debra J. Perry and Greg Fook Hin Seow have been appointed to its Board of Directors effective June 15, 2013. Perry, aged 62, has been a Principal of Perry ...
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked
Stephen Markscheid holds one of the riskiest jobs in the world—or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Obama Says Bernanke ‘Stayed A Lot Longer’ Than He Wanted To At Fed
President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer ...
U.S. Homebuilders’ Confidence Jumps As Recovery Deepens
A majority of U.S. homebuilders view conditions for new construction as favorable for the first time since the housing crisis began seven years ago, in one of the strongest signs yet that the U.S. ...