News
Analyst’s Survey: Investors Back Icahn on AIG Breakup
Most American International Group Inc. investors believe that billionaire activist Carl Icahn is right that the insurer needs a new strategy, according to a Sanford C. Bernstein & Co. analyst who ...
Crash Rates Lower for Driverless Cars
Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by ...
Kochs, Obama Agree on Corporate Crime Compromise But Republicans Balk
President Barack Obama's drive to get one last legacy-enhancing act out of Congress -- revamping sentences for street-level drug crimes -- is hitting an impasse over crimes committed in corporate ...
Google Chairman Says Standards Needed to Unlock Promise of Artificial Intelligence
Google's chairman thinks artificial intelligence will let scientists solve some of the world's "hard problems," like population growth, climate change, human development, and education. Rapid ...
P2P Insurance Startup Lemonade Attracts Sagalow, Other AIG, ACE Vets to Exec Roster
An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE ...
Is Generali CEO Greco Leaving for Zurich? Investors Worry
Uncertainty over whether Mario Greco will stay on as chief executive of Generali rattled investors in Italy's top insurer on Monday after a Swiss newspaper reported rival Zurich Insurance was set to ...
Credit Swap Panel’s New Rules Address Conflicts of Interest
A derivatives industry group adopted new rules to mitigate conflicts of interest on a panel of banks and asset managers that determines when traders are paid on debt insurance. The International ...
Drone Registrations Top 180,000 in First 2 Weeks
One of the most important players in the booming drone industry isn't a hardware manufacturer; it's the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show (CES) last ...