News
U.S. Telecoms Prevail On Govt. Enforcement Of Cyber Measures
Large telecommunications companies and Internet providers succeeded in convincing an advisory panel that the U.S. government should not pursue enforcement of security measures meant to bolster their ...
Buffett’s Salary Unchanged for 25 Years
Warren Buffett's total compensation declined 14 percent last year to $423,923 as Berkshire Hathaway spent less on his security, but his salary remained unchanged at $100,000. Buffett's salary for ...Federal Appeals Court Denies Chubb’s Superfund Subrogation Claim
The U.S. Court of Appeals, Ninth Circuit, affirmed last week that Chubb Custom Insurance Co., part of the Chubb Group of Insurance Cos., cannot recoup $2.4 million from its subrogation suit under the ...S&P Warns Of Socially Explosive Situation In Euro Zone
Standard and Poor's sees a high risk that Spain, Italy, Portugal and France will not be able to carry through necessary reforms as the unemployed become less willing to put up with austerity, ...How The Scheme To Punish Cyprus Savers Unfolded
Just three weeks after being elected president of Cyprus, Nicos Anastasiades travelled to Brussels for his European debut last Thursday. His fellow leaders were all friendly enough. Hours before he ...Cyprus Parliamentary Vote On Deposits Tax Uncertain
The government of Cyprus is hoping to push a divisive tax on bank deposits through parliament on Tuesday in a bid to stave off a default that could reignite the euro zone crisis. Breaking with ...Bill To Avert U.S. Government Shutdown Moving Slowly In Senate
The U.S. Senate on Monday inched closer to passage of a bill to fund federal agencies through Sept. 30 and avoid a government shutdown at the end of this month when existing money runs out. Up ...
Drug Companies Retreat From Investment In Antibiotics; Risks Outweigh Rewards
Thirty years ago, when the world faced the terrifying prospect of an untreatable disease known as AIDS, big drug makers scented an opportunity and raced to develop new medicines. Today, as the world ...