News
NY Comptroller Urges Brownfields Cleanup Overhaul
New York's comptroller has called for an overhaul of state programs for restoring thousands of abandoned and contaminated industrial and commercial sites after the state spent nearly $1 billion to ...
Dewey Ex-Chairman Agrees To Proposed Settlement To Resolve Claims
The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee and insurer to resolve claims that bad management led to ...
Firms Still Reluctant To Make Acquisitions: E&Y Executives Survey
Companies around the world are still reluctant to go on the acquisition trail even though they are becoming more confident about the global economy, a survey found Monday. In its half-yearly ...
Towers Watson Launches New Terror Risk Modeling Software
Global professional services company Towers Watson has introduced new predictive modeling software designed to help carriers and non-insurers assess terrorism risk. The company unveiled its Sunstone ...EU’s Barnier Warns U.S. Over ‘Radical’ New Bank Rule
A U.S. plan to force foreign banks to hold far more capital could sow discord among supervisors and lead to retaliation from abroad, European Union financial services czar Michel Barnier said on ...
Bogus Tweet Briefly Disrupts Financial Markets
Markets for stocks, bonds, oil and commodities were briefly roiled on Tuesday after a bogus report of explosions at the White House. Shortly after 1 p.m. (1700 GMT), U.S. government debt prices ...Trustee Sues Ex-MF Global CEO Corzine; Insurance Cover Uncertain
Jon Corzine was sued by the bankruptcy trustee liquidating MF Global Holdings Ltd, who accused the former chief executive of negligently pursuing a high-risk business strategy that culminated in the ...
News Corp., Shareholders Agree To Phone Hacking Deal; Insurers To Pay $139M
News Corp. will receive $139 million worth of insurance proceeds in a rare cash settlement that resolves a lawsuit by shareholders alleging the board failed to investigate the company's phone hacking ...