News
California Wildfire Destroys 30 Homes; Hundreds More Threatened
A fast-moving wildfire ripped through rolling hills and ranch land in rural northern California on Tuesday, after destroying 30 homes overnight and prompting more than 500 area residents to evacuate, ...
Analyst’s Comment Spreads on Twitter, Spooking Kinder Morgan Investors
Kevin Kaiser, a 26-year-old analyst only three years into his first job out of the Ivy League, jolted Wall Street last week with a pithy email taking aim at North America's largest oil and gas ...
Ackermann Quits Siemens, Dismisses Influence in CFO Suicide
Josef Ackermann said he will step down as deputy chairman of Siemens AG's supervisory board and dismissed the idea that he had any bearing on the suicide of the finance chief at Zurich Insurance ...
Former Zurich Chair Ackermann’s ‘Late Remorse’ May Be Premature: Review
Josef Ackermann, the former chief executive of Deutsche Bank AG and chairman of Zurich Insurance, cannot be happy about the timing of a new book by his ex-head of communications at Deutsche Bank AG. ...
Zurich Insurance Appoints de Swaan Chairman, Replacing Ackermann
Zurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial Officer Pierre Wauthier. Fred Kindle, 54, chairman of Exova ...
Travelers $633M Buyback Sets Record in Quarter as Storm Costs Decline
Travelers Cos., the only property insurer in the Dow Jones Industrial Average, spent a record amount on share repurchases this quarter as it benefits from lower costs tied to the most severe natural ...
Rain but No Damage as Gabrielle Buffets Bermuda; Humberto to Miss Land
Missing a record for being the latest first Atlantic hurricane in the satellite era by just a few hours, Hurricane Humberto developed early Wednesday, according to AIR Worldwide, which also reported ...
Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter
Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, ...