• New AIG Chief Meets With Hank Greenberg Thursday, 19 Jun 2008 | 7:12 PM ET

    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?

  • Buying Opportunities in Japan and Brazil Wednesday, 18 Jun 2008 | 9:16 AM ET

    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.

  • Dow Hit Off the Green; Banks Score Monday, 16 Jun 2008 | 4:52 PM ET

    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 Tick Higher as Oil Retreats Monday, 16 Jun 2008 | 1:51 PM ET

    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.

  • AIG's New Chief Reaches Out to Former CEO Greenberg Monday, 16 Jun 2008 | 12:32 PM ET

    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.

  • AIG Shares Rise After Shakeup at Insurance Giant Monday, 16 Jun 2008 | 10:39 AM ET

    AIG shares rose as Wall Street cheered the resignation of chief executive Martin Sullivan and the subsequent appointment of Robert Willumstad as CEO.

  • Stocks Slide as Oil Surges; Lehman Rises Monday, 16 Jun 2008 | 10:36 AM ET

    Stocks opened lower on Wall Street Monday 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.

  • AIG CEO Sullivan Steps Down At Insurance Giant  Sunday, 15 Jun 2008 | 5:12 PM ET

    American International Group CEO Martin Sullivan stepped down from his post, as expected, after growing discontent among the board and shareholders with his management of the insurance giant.

  • AIG CEO Sullivan Seen Stepping Down Sunday, 15 Jun 2008 | 1:35 PM ET

    American International Group is expected to hold a board meeting Sunday to decide the fate of Chief Executive Martin Sullivan, CNBC has learned.

  • China's Ping An, UOB to Set Up Fund Joint Venture Thursday, 12 Jun 2008 | 12:31 AM ET

    Ping An Insurance, China's second largest life insurer, has won approval to set up a fund management joint venture with United Overseas Bank, two people with direct knowledge of the situation said on Thursday.

  • AIG Shareholders Demand Board Changes Wednesday, 11 Jun 2008 | 10:09 PM ET

    Shareholders of American International Group are demanding changes to the management and board of the world's largest insurer, which has been struggling with the fallout of the subprime mortgage mess.

  • Is Lilly & Amylin's Byetta "Betta"? Tuesday, 10 Jun 2008 | 1:28 PM ET
    To the right of Mike is HDL or "good" cholesterol. To his left in green is a triglyceride. The photo was taken at the booth for the diabetes drug Actos on the exhibit floor at the ADA meeting at Moscone Center in San Francisco.

    First, last Friday, Novo Nordisk put out a press release saying preliminary data show its drug works better than Byetta. And then, yesterday an analyst downgraded the stock just ahead of the company's long anticipated release of long-term results on its once-a-week version of Byetta.

  • Subprime Criminal Probes Yet to Catch Big Fish Monday, 9 Jun 2008 | 1:26 PM ET

    More than a year into a U.S. housing market meltdown, prosecutors have yet to bring major cases against mortgage industry leaders — and the slump's worst may pass before any charges are filed.

  • Willis Group Holdings, the world's third largest insurance brokerage, has agreed to buy rival Hilb Rogal & Hobbs for $1.7 billion, according to a statement late on Sunday.

  • AIG Faces SEC Probe on Subprime Mortgages: WSJ Friday, 6 Jun 2008 | 4:33 AM ET

    The U.S. Securities and Exchange Commission is investigating whether American International Group overstated the value of contracts linked to subprime mortgages, the Wall Street Journal said on Friday, citing people familiar with the matter.

  • Great Dividend Plays from Switzerland Thursday, 5 Jun 2008 | 9:07 AM ET

    Investors wary about the recent volatility in the market should focus on stocks that pay dividends, according to David Costa, dean of Robert Kennedy College in Zurich.

  • The High Cost of Health Friday, 30 May 2008 | 5:57 PM ET

    Sure, medical insurance can be a pain, but it’s nothing compared to the pain of not having any. So when you’re shopping for coverage, make sure to keep a few things in mind.

  • Be Ready For A Full-Time Job Thursday, 29 May 2008 | 11:10 AM ET

    Planning for parenthood is a busy – if joyful – affair. Amid the whirlwind of activity, moms-- and dads-to-be often overlook one of the most important steps of parenthood -- getting your legal and financial house in order.

  • Do The Hard Work Ahead Of Time Thursday, 29 May 2008 | 11:03 AM ET

    Retirement may be known as  the "Golden Years", but make sure you spend them in the black. And forget about the gold watch. Get out your calculator -- you'll need to do some serious math.

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