News
Hartford Profit Jumps as McGee Shifts Focus; Shares Advance
Hartford Financial Services Group Inc.'s profit surged as the insurer focused on property/casualty coverage after divesting life and annuity units. The company gained in extended trading. ...
States Hit by Sandy to Get Next $5B of Recovery Funding
Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending ...
Insurance has always been about helping people and businesses navigate uncertainty. While most insurance policies cover familiar exposures like property,...
Could 2013 Be ‘Tipping Point’ in Cyber Risk Awareness?
Historians may look at the year 2013 as a "cyber tipping-point" -- the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a ...
SEC’s Aguilar Wants Stock Exchange Execs Liable for Failures
A proposal that would require stock exchanges to be better equipped to handle market disruptions does not go far enough to hold senior officials accountable for failures, Securities and Exchange ...
Lawsuit Against Silicon Valley Hiring Practices Gets Class-Action Status
A U.S. judge accorded class-action status to a lawsuit that alleges broad conspiracy among major Silicon Valley companies to suppress employee compensation by not poaching each other's employees, a ...
Aiming To Avoid Facebook Chaos, NYSE Runs Twitter IPO Test
The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on ...
SEC’s Gallagher Slams Effort to Adopt Political Disclosure Rules
The U.S. Securities and Exchange Commission should not waste time drafting rules to force companies to disclose information like campaign contributions or government payments for energy projects, a ...
Patton Boggs in Merger Talks, Possibly with Locke Lord: Sources
Washington law firm Patton Boggs, well known for its lobbying and public policy work, is in talks to merge with a larger U.S. law firm, according to two former partners and a person with inside ...