Hints and tips:
...The matter is now before a federal appeals court....
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...There were billions of dollars of losses for the Federal Deposit Insurance Corporation when Colonial went bust in 2009....
...The class action suit was filed in 2008, shortly after AIG was rescued by the US Treasury and Federal Reserve as it racked up huge losses on insurance written on plunging mortgage securities....
...(FastFT) Comcast “submitted a lengthy document to federal regulators to justify its $45 billion proposed purchase of Time Warner Cable....
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
...Dole jumped 9.5 per cent to $14.07 after the California-based fruit and vegetable company said it is in advanced talks to sell its packaged foods and Asia fresh businesses to Japanese trading company Itochu...
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
...Plus, non-banks do not put taxpayers’ money at risk because they do not enjoy federal backstops, such as deposit insurance and credit lines from the Federal Reserve. These arguments make sense....
...The FCIC said Goldman gave it documents showing that after the government bail-out of AIG, the bank received $2.9bn from the insurance company related to credit default swaps for its own proprietary trades...
...And here’s the I-don’t-care-about-watching-Ghana v Uruguay version (emphasis FT Alphaville’s): The Miller-Moore provision, which was included in the House bill last year, never made it into the Senate version...
...., Inc., which was formed in 1950 and focuses on highly specialized insurance lines; far more, we believe, have joined other, larger companies....
...facilitated by the Federal Deposit Insurance Corporation (FDIC)....
...Or as Paul Volcker, the former Federal Reserve chairman who heads the advisory board, bluntly put it: “We cannot have so much consumption.” Additional reporting by Sarah O’Connor...
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...But sales of cheap foods, such as cold, sliced meats as well as soups and frozen vegetables, are rising as people take thier lunches to work and look for cheap alternatives to fresh fruit and vegetables....
...For that reason, if private capital cannot rescue AIG, a temporary federal bridge loan – not a federal bail-out – is in order. The writer is chairman and chief executive officer of C.V. Starr....
...We also intend changing the mindset of the FBR (Federal Bureau of Revenue-the federal tax collection agency) so that we basically should be able to improve the administration....
...In the view of several present and former AIG executives, Mr Sullivan was a brilliant insurance man but the group had become much more than an insurance company and he lacked a deep understanding of the...
...Citigroup agreed to buy most of its assets and liabilities in a deal brokered by the Federal Deposit Insurance Corporation....
...Tianyi Fruit, a concentrated fruit juice company which made its debut on Thursday, surged 32.9 per cent to 93 Hong Kong cents....
...Reprinted by arrangement with The Penguin Press, a member of Penguin Group (USA), Inc. Copyright (c) Alan Greenspan, 2007....
...India today is the world’s second largest grower of fruit and vegetables, with 10 per cent of global fruit output and 14 per cent of global vegetable output....
...Maurice “Hank” Greenberg, the recently ousted chairman of AIG, the world’s largest insurance company, has always been a tough businessman....
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