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Exxon barred from Iraqi oil, gas auction
WASHINGTON, Feb. 2 (UPI) -- A U.S. grand jury indicted three former officials of Berkshire Hathaway Inc.'s General Re unit and a former American International Group Inc.
The federal panel indicted former General Re chief executive Ronald Ferguson, former General Re top financial officer Elizabeth Monrad, General Re's former No. 2 in-house lawyer Robert Graham and the former head of AIG's reinsurance operations, Christian Milton.
Each was charged with conspiracy to commit fraud, the Wall Street Journal said Thursday.
The Securities and Exchange Commission is also expected to announce that it is filing civil charges against the executives for aiding and abetting securities fraud, a person familiar with the matter said.
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BOGOTA, Feb. 14 (UPI) --
Colombia's energy industry is heading toward a price fall because of oversupply of electricity, which could bodes ill for the expanding power generation sector.
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SINGAPORE, Feb. 14 (UPI) --
Sikorsky plans to expand business operations in Asia and is opening an office in Malaysia to kick off the effort.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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