U.S.
Regulation-Fueled ‘Collateral Crunch’ Not Expected in 2014
If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high-quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to ...
Katrina Suit Recoveries Fall Short of Plaintiffs’ Lawyers Expectations
A team of plaintiffs' attorneys has spent roughly $16 million to sue the Army Corps of Engineers over levee breaches that flooded most of New Orleans after Hurricane Katrina. Joseph Bruno, one of ...
BlackBerry Files Suit Over Against iPhone Keyboard Maker
BlackBerry Ltd., the smartphone maker that withdrew plans to sell itself and go private last year, sued Ryan Seacrest's Typo Products LLC alleging it copied designs for a keyboard case. The company ...Appeals Court to Fast-Track BP’s Bid to Halt Gulf Oil Spill Payments
BP Plc's bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court. The ...
N.J. Senator Pushes Delay to Flood Insurance Hikes
Peggy Molloy is not a millionaire. In fact, she's afraid she may soon have to stop paying the mortgage on her home at the Jersey shore and walk away from it. The Point Pleasant woman lives in an area ...
Buffett’s Berkshire Likely Missing Target for First Time in Four Decades
Warren Buffett probably missed his target for the first time in 44 years. Berkshire Hathaway Inc., his $292 billion company, is poised to report that it failed to increase net worth more rapidly than ...
Facebook Sued For Scanning Users’ Private Messages
Facebook Inc. was sued over allegations it systematically intercepts its users private messages on the social network and profits by sharing the data with advertisers and marketers. When users ...
Overcapacity Pushing Re Prices Down; Terms and Conditions Soft: Willis Re
Soft market reinsurance conditions are no longer unique to property-catastrophe business, Willis Re said yesterday, pointing to overcapacity as the key driver of Jan. 1, 2014 rates down on most ...