News
Study of Possible Wall Street Broker Conflicts Leaked; Authors Warn Against Quick Judgments
A new academic paper about potential conflict of interest in large retail brokers' routing of limit orders has stirred controversy on Wall Street and caught regulators' attention—even before the ...
January Cold, Snow in U.S. to Cost Insurers $1.6 Billion: Aon
The various winter storms that brought snow and bitter cold to the United States in January took more than 50 lives and are expected to result in direct economic losses of about $3.5 billion and ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
Florida Insurance Fraud Ring Staged Home Floods, Fires
A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities ...
Chubb Sharing Economy Poll: Owners More Willing to Rent Others’ Homes than Share Theirs
Potential risks ranging from bedbugs to theft would keep one-in-five Americans from renting their homes, but nearly one-third say they would rent someone else's home for a vacation Thirty-six percent ...
Talks Break Off in Panama Canal Contract Dispute
The Panama Canal Authority (PCA) has broken off talks with a Spanish-led building consortium in a dispute over $1.6 billion in cost overruns during work to expand one of the world's most important ...
Google Deal with European Commission in Sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and ...
FIO Chief McRaith Dismisses State v. Fed Debate as ‘Relic’
The state versus federal oversight discussion is a "binary debate" that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO ...
RSA Insurance Turns to Ex-RBS Boss Hester as CEO
RSA Insurance Group Plc hired former Royal Bank of Scotland Group Plc Chief Executive Officer Stephen Hester to lead the U.K. insurer, as it seeks to put a scandal at its Irish unit behind it. ...