News
U.S. Republicans Move To Avoid Government Shutdown
Congressional Republicans announced a plan on Monday to avoid a government shutdown later this month, seeking to calm the waters after months of budget fights that ended in a failure last week to ...
Warmer Climate To Open New Arctic Shipping Routes By 2050: Study
The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well be straight across the Arctic, where a warming climate is expected to open new sea routes through what is now ...Best Affirms Fireman’s Fund, Subs Financial Ratings; Lowers Issuer Credit Ratings
On Friday, A.M. Best Co. said it affirmed the financial strength rating of 'A' (Excellent), but downgraded the issuer credit rating (ICR) to "a" from "a+" of California-based Fireman's Fund Insurance ...FDA Launches Series of Meetings on Food Safety Proposals
The U.S. Food and Drug Administration kicked off a series of public meetings last Thursday to explain its proposed new rules for improving the safety of the nation's food supply— and gain feedback ...Facebook Hit With IPO-Related Derivative Lawsuit
A Facebook Inc. shareholder filed a lawsuit over the largest social networking company's botched initial public offering and is seeking to hold Chief Executive Mark Zuckerberg, directors and officers ...Ex-NY Ins Supt. Dinallo’s OK Of MBIA ’09 Split Was ‘Not Arbitrary,’ Court Rules
MBIA Inc. on Monday won the dismissal of a lawsuit by Bank of America Corp. and Societe Generale SA challenging its 2009 restructuring, sending the bond insurer's shares up 24 percent. New York ...