News
Perry, Seow Appointed to PartnerRe Board
PartnerRe Ltd. announced Tuesday that Debra J. Perry and Greg Fook Hin Seow have been appointed to its Board of Directors effective June 15, 2013. Perry, aged 62, has been a Principal of Perry ...
Analysts: Travelers/Dominion Deal Makes Sense, More U.S.-Canadian M&A May Follow
The Travelers Companies' decision to acquire Dominion of Canada General Insurance, a unit of E-L Financial Corp., for $1.1 billion makes strategic sense, according to analysts. The acquisition now ...
Census Report Shows Smartphones Bridging Digital Divide Among Ethnic Groups
While disparities in Internet use persist among racial and ethnic groups, smartphones appear to be helping to bridge the digital divide, according to a report issued by the U.S. Census Bureau earlier ...
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked
Stephen Markscheid holds one of the riskiest jobs in the world—or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Supreme Court Says FTC Can Sue Over Deals That Delay Generic Drug Sales
The U.S. Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say ...
Obama Says Bernanke ‘Stayed A Lot Longer’ Than He Wanted To At Fed
President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer ...UK Charges Ex-UBS Trader In LIBOR Probe
Britain's fraud prosecutor on Tuesday charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud, as part of a global investigation into the manipulation of benchmark interest ...