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- NEW YORK (AP) _ American International Group said it has canceled a multimillion dollar severance package for its departing chief financial officer and will cooperate in a New York state review of other executive pay deals. New York Attorney General ...
- NEW YORK (AP) - American International Group says it has canceled a multimillion dollar severance package for its departing chief financial officer. New York Attorney General Andrew Cuomo says outgoing CFO Steven Bensinger was slated to receive a ...
- SPRINGFIELD, Ill. - Illinois state Treasurer Alexi Giannoulias plans to deposit $1 billion in the state's banks, giving them needed cash for borrowers in a bid to dismantle a credit jam and brace the state during the financial crisis. Giannoulias ...
- Bob Jones made his initial appearance in court on Wednesday. This as five new indictments are handed down by District Judge Philip Martinez. The first count alleges that Jones made false statements back in 2003 in order to apply for a loan with ...
- ROME (AP) _ A top official of the Vatican bank has offered assurances that its deposits are safe from the world financial meltdown, an Italian Catholic magazine said Monday. Angelo Caloia said in interview released Monday, days ahead of publication ...
- A metro Atlanta real estate agent was sentenced Friday to 14 years in federal prison in a multimillion-dollar mortgage fraud scheme. U.S. District Judge Beverly Martin also ordered Joseph Sterling Jetton, 61, of Woodstock to pay $11.2 million in ...
- For the airline industry, the economic turmoil roiling the stock market and the banking industry brings more uncertainty and weaker demand for corporate and leisure travel. Airline stocks have been dropping with the rest of the stock market. Atlanta ...
- DETROIT, Oct 9 (Reuters) - Chrysler LLC [CBS.UL] has sued German auto supplier Getrag, saying the supplier failed to secure a pledged debt financing necessary to build a plant to produce fuel-saving transmissions for the U.S. automaker. Chrysler and ...
- Oct. 9 (Bloomberg) -- Chile's central bank will probably keep its benchmark interest rate unchanged today as policy makers judge whether a global credit crunch will slow economic growth and restrain consumer prices. The bank's five-member board will ...
- IIn a couple of months, the city should know whether it would be financially feasible for a private sports marketing company to pursue the possibility of building a new arena for Lincoln. If such an agreement were made, local taxpayers could be off ...
- Oct. 7 (Bloomberg) -- The cost of borrowing in dollars overnight in London jumped as U.K. lenders held talks with the government on emergency funding and Iceland nationalized its second-biggest bank amid an unprecedented credit squeeze. The London ...
- IN Australia, the people and the animals are as one: A MAJOR Melbourne hospital has been treating pet animals as private cancer patients in secret after-hours appointments. The Alfred struck a deal with at least one vet to treat cats and dogs with ...
- (CBS) On Friday Congress finally passed - and President Bush signed into law - a financial rescue package in which the taxpayers will buy up Wall Street's bad investments. The numbers are staggering, but they don't begin to explain the greed and ...
- Oct. 4 (Bloomberg) -- Lehman Brothers Holdings Inc. 's main lender and clearing agent, JPMorgan Chase & Co. , caused the liquidity crisis that led to Lehman's collapse, creditors said. JPMorgan had more than $17 billion of Lehman's cash and ...
- Here in the heart of Kansas, the sky isn't falling and Chicken Little isn't running around without a head. Community banks like mine are still making loans and serving the needs of customers. I used to worry about competing in the world of mega "too ...
- The massive bailout facing Americans would be more palatable if those responsible for the mess would also be responsible for the repayment. In other words, make the all the top executives cosigners with suitable protections against hiding assets or ...
- The massive bailout facing Americans would be more palatable if those responsible for the mess would also be responsible for the repayment. In other words, make the all the top executives cosigners with suitable protections against hiding assets or ...
- Eli Lilly licensed Deciphera Pharmaceuticals’ preclinical B-Raf kinase inhibitor program in oncology therapeutics in a deal worth $520 million in milestone payments. Deciphera will received an upfront payment and research funding for two years in ...
- Montreal, Canada, October 1, 2008 ? Nanoledge Inc., a high performance resins manufacturer specializing in the integration of nanoparticles into composites and the development of environmentally friendly materials, announced October 1, 2008 the ...
- Indiana given $800,000 to start projects to prevent flu outbreak. INDIANAPOLIS (WISH) - The Centers for Disease Control and Prevention wants to make sure Indiana is prepared in case of a pandemic influenza outbreak. They've awarded the state $800,000 ...
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