U.S.
Social Media & The SEC: New Opportunity and New Risk for Public Companies
It is now over a month since the U.S. Securities and Exchange Commission (SEC) issued guidance in the form of a report of investigation ("April Report") explaining why it decided not to bring an ...
Fed Queries Bloomberg Over Reporters’ Access To Client Data
Bloomberg LP customers, including the U.S. Federal Reserve and the U.S. Treasury, were examining on Saturday whether there could have been leaks of confidential information, even as the media company ...Banks In Cyber Heist Face Hurdles To Get Money Back
Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, ...
Icy Arctic Rising As Economic, Security Hot Spot
The icy Arctic is emerging as a global economic hot spot— and one that is becoming a security concern for the United States as world powers jockey to tap its vast energy resources and stake out ...Business Frets At Terrorism Tag Of Marathon Attack
President Barack Obama's declaration that the Boston Marathon bombings were an act of terrorism could make it difficult for many affected businesses to be reimbursed for losses resulting from the ...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government's program to help pay terrorism ...
As in Greenberg Case, New York May Drop Claims Against BofA Over Merrill
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over ...Global Cyber Bank Theft Raises Security, Insurance Questions
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 ...