All the headlines from our USA Topic Page, ordered by recency.
Aug 6 2012 // U.S. crops are taking a beating in the worst drought since 1988 but most farmers are not sweating like they did 24 years ago when a drought hit as they were just starting to recover from a farm depression that brought down...
Aug 3 2012 // The U.S. House of Representatives passed a $383 million disaster relief bill on Thursday that provides political shelter for lawmakers during the worst drought in half a century, but may not release the aid for months to...
Aug 3 2012 // The Royal Bank of Scotland, which is majority owned (82 percent) by the UK government, confirmed on Friday it has dismissed a number of employees for misconduct as a result of its investigations into the Libor interest...
Aug 2 2012 // Shares of Monsanto, the world’s largest seed company, rose on Thursday and DuPont shares fell after Monsanto won a $1 billion victory over its archrival in a lawsuit concerning patents in the agricultural seed...
Aug 2 2012 // Democrats and Republicans agree that the next U.S. president will have to contend with rising healthcare costs that pose a growing, destabilizing burden for families, employers and government budgets.But two articles...
Aug 1 2012 // President Barack Obama announced new U.S. sanctions on Tuesday against foreign banks that help Iran sell its oil and said the measure would increase pressure on Tehran for failing to meet its international nuclear...
Aug 1 2012 // Allen Stanford’s U.S. court-appointed receiver may keep control of the process to collect and distribute the convicted Ponzi schemer’s assets to victims, defeating a bid by Caribbean liquidators, a U.S. federal...
Aug 1 2012 // Leading European banks reported dismal profits on Tuesday, blaming everything from the continent’s debt crisis and Spain’s property market crash to Facebook’s disastrous stock market debut.Within a space...
Jul 31 2012 // U.S. lawmakers moved a step closer to finalizing new sanctions aimed at further restricting Iran’s oil revenues after negotiators from the Senate and House of Representatives agreed on a compromise bill on Monday.The...
Jul 30 2012 // AIG is launching a public relations campaign to repair its reputation.Last Thursday, the once-mighty insurance giant American International Group posted several videos on YouTube, www.youtube.com/aig , proclaiming that AIG...
Jul 30 2012 // HSBC’s chief executive apologized on Monday for shameful and embarrassing mistakes made on anti-money laundering controls as the bank set aside $2 billion to cover the cost of U.S. investigations and compensate UK...
Jul 27 2012 // The Obama administration on Friday said it is on track to set up federal health insurance exchanges by 2014 in U.S. states that fail to establish their own regulated insurance markets as required by the U.S. healthcare...
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier.The results were hampered by weaker investment results and significant catastrophe...
Jul 27 2012 // Scientists are finding evidence that man-made climate change has raised the risks of individual weather events, such as floods or heat waves, marking a big step towards pinpointing local costs and ways to adapt to freak...
Jul 27 2012 // A comparatively low-priced disaster bill for livestock producers hit by the worst U.S. drought since 1956 may be the ticket to passage for a $500 billion farm bill now in limbo in Congress.Republican leaders in the House...
Jul 26 2012 // Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year.They also...
Jul 26 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance...
Jul 26 2012 // A judge on Wednesday demanded more detail on a plan by Dewey & LeBoeuf to pay out as much as $450,000 in performance-based bonuses to employees helping to wind down the bankrupt law firm’s operations.Judge Martin...
Jul 26 2012 // Sanford “Sandy” Weill, the tycoon who built financial conglomerate Citigroup Inc. into a massive U.S. commercial and investment bank, said it is time to split up the biggest banks so they can go back to growing...
Jul 25 2012 // Selected earnings highlights from Swiss based ACE Limited for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $5.653 bn $5.423 bn Net...