News
Fed Officials Dampen Talk of Imminent Cut in Bond Buying
Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation ...
California Earthquake Authority’s First CIO Reflects C-Suite Trend
Technology veteran Todd Coombes' approach to his new job as the first chief information officer for the California Earthquake Authority is to keep an enterprising yet cautious eye on the risks and ...
Oklahoma Tornado Damage Likely to Exceed Joplin
The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 161 people, Oklahoma Insurance Commissioner John ...
Property Values For Moore, Okla. EF-5 Tornado in $2-$6B Range: AIR
Yesterday, AIR Worldwide put estimates of the replacement value of properties ruined by Monday's massive EF-5 tornado striking Moore, Okla. at more than $2 billion. According to a statement released ...
Executives See Cloud Collaboration Aiding Execution, Innovation
Corporate executives increasingly look at cloud collaboration as a way to increase productivity, speed up business results and improve collaboration across functions. Sixty-four percent of more than ...
Wage and Hour Claims Among Top Threats to U.S. Employers
Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to ...
AIG to Invest $92.5M in China P/C Insurer
American International Group Inc. (AIG), which sold much of its stake in the Asian insurer AIA Group several years ago to help pay back the federal government for its bailout, is moving to reinvest ...
China Offers India a ‘Handshake Across the Himalayas’ to Ease Border Tension
India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, Chinese Premier Li Keqiang said on Monday on his first official foreign trip. ...