The rudest drivers in the US have been judged, according to a report by Insure.com. Plan your commute accordingly.» Read More
Warren Buffett's reputation as a technophobe may be cracking. Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century. See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.
Insurance Australia Group, Australia's top home and car insurer, announced a partial exit from its struggling UK operations, taking a charge of $333 million in fiscal 2008.
The state of Florida has reluctantly agreed to pay Warren Buffett's Berkshire Hathaway $224 million now, in exchange for a promise it will be able to borrow $4 billion from Berkshire later, if the state gets severely slammed by hurricanes this year.
Aetna shares dropped 5 percent and Health Net tumbled 10 percent after a Goldman Sachs analyst slapped "sell" ratings on the two health insurers' stocks Thursday.
Ping An Insurance on Thursday denied rumors that it was facing problems related to a tax audit, after its shares in both Hong Kong and Shanghai tumbled 10 percent the previous day.
In the world of nearly 400 publicly-traded biotechs, analyst coverage is especially important. Many of the firms are micro caps and when an analyst initiates coverage it can help put a baby biotech on investor and reporter radar screens.
UnitedHealth Group on Wednesday slashed its full-year earnings outlook because of tough competition in the health benefits business and said it would pay more than $900 million to settle lawsuits related to past stock options practices.
American International Group said it paid a $47 million severance package to former Chief Executive Martin Sullivan.
U.S. property insurers face more than $5 billion in second-quarter disaster-related claims as bad weather such as extreme rain in the Midwest and New York weigh, the Wall Street Journal reported Monday.
As oil hit a staggering high of $142 a barrel, and stocks flirt with a bear market, CNBC visited the Chicago Mercantile Exchange to discuss the overall economic picture and the state of U.S. business.
Credit Suisse is out today with a "fat" report on obesity. Nearly 200 pages. But besides its size, the research also stands out as one of the most unique pieces of Wall Street analysis I've ever seen.
As much as I tried to disconnect during my vacation last week, I couldn't escape the ubiquitous presence of pharmaceuticals in our everyday lives...
We touched on a lot this week. From your frustrations with the housing market to navigating the jungle of health benefits, check out what's happening On the Money.
Moody's Investors Service on Thursday stripped the insurance arms of Ambac Financial Group and MBIA of their AAA ratings, citing their impaired ability to raise capital and write new business.
Robert Willumstad, chief executive at American International Group, said he had a "positive" first meeting with former CEO Maurice "Hank" Greenberg on Thursday.
You need health insurance, period. So why do employers make it so painstaking to figure out?
Taking a look at emerging markets such as Brazil and developing economies in Asia, but also at stocks that have not yet roused investors' interest such as Japanese companies could offer fresh buying opportunities, as there still are plenty of good shares around, Charlie Morris, manager of global trend fund at HSBC, told "Worldwide Exchange" on Wednesday.
As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.
Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks. The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.
American International Group Chairman Robert Willumstad said one of the first things he did after being named chief executive was to reach out to former CEO Maurice (Hank) Greenberg, a large AIG shareholder who has had an acrimonious relationship with the insurer since leaving three years ago.
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