News
SAC Manager’s Jury Can Hear of Greed, Not Fainting or Firing: Judge
Mathew Martoma, the former SAC Capital Advisors LP fund manager whose trial begins this week, won rulings limiting the evidence prosecutors can use to try to prove he made $276 million for SAC based ...
Botched Geological Studies at Center of Panama Canal Expansion Cost Dispute
Flawed geological studies of the terrain of the Panama Canal by its operator has led to big cost overruns in the project to expand the waterway, the building consortium at the center of a dispute ...
EPA Unlikely To Step Up Fracking Enforcement: Analysts
Federal regulators are unlikely to step up enforcement of potential water contamination cases linked to natural gas drilling—despite new concerns about water safety—given a lack of political will ...
British Reporting Rule Change Exposes Transatlantic Cultural Gap
As investors prepare to digest the latest round of company earnings figures, Britain's move to scrap the quarterly reporting requirement has revealed a divergence of opinion between the domestic and ...
Cyber Threats Targeting Insurers Mount; Carriers Not Keeping Pace
While insurers have made significant security improvements, they have not kept pace with today's determined cyber adversaries. As a result, many rely on yesterday's security practices to combat the ...
AmTrust Acquiring Tower Commercial Renewals; Tower Merging with ACP Re
In two separate announcements this morning, AmTrust Financial Services said it would acquire renewals rights for Tower Group International's commercial lines business for $125 million, and Tower said ...
Regulation-Fueled ‘Collateral Crunch’ Not Expected in 2014
If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high-quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to ...
Yahoo Says Malware Spread Through Some Ads on European Sites
Some advertisements on Yahoo Inc's European websites last week spread malicious software, Yahoo said on Sunday, potentially infecting thousands of users. On Friday, Fox-IT, a Delft, Netherlands-based ...