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AIG to Settle Fraud Charges for $126 Mln NEW YORK (Reuters) - Insurer American International Group Inc. (AIG.N: Quote , Profile , Research ) said on Wednesday it has agreed to pay an $80 million penalty and appoint an independent monitor as part as a proposed settlement with U.S. authorities related to helping companies fraudulently inflate earnings. ... : AIG to Settle Fraud Charges for $126 Mln
Jobless Claims Rise on Hurricanes WASHINGTON (Reuters) - The number of Americans seeking initial jobless benefits jumped by 18,000 last week, the government said on Thursday, but it attributed the entire rise to the effects of hurricanes that have battered the southern United States. First-time claims for state unemployment insurance rose for the third straight week, climbing to 369,000 in the week ended Sept. 25 from a revised 351,000, the Labor Department said. The rise defied Wall Street econom... : Jobless Claims Rise on Hurricanes
Stocks to Watch Jan. 14 NEW YORK (Reuters) - U.S. stocks to watch on Friday: JOHNSON & JOHNSON (JNJ.N: Quote , Profile , Research ) : The healthcare group said it has voluntarily withdrawn 300 of its Cypher stents from the U.S. market after determining that the coating on six of the devices did not meet specifications. The company said the move would have no impact on its overall revenues. Its stock closed at $61.97 on the New York ... : Stocks to Watch Jan. 14
NY authorities sue AIG and former execs By Chris Sanders NEW YORK (Reuters) - New York authorities on Thursday filed a civil lawsuit against insurer American International Group Inc. (AIG.N: Quote , Profile , Research ) , its former chief executive, Maurice "Hank" Greenberg, and its former chief financial officer, saying they committed fraud and manipulated the books. The suit says Greenberg and former CFO Howard Smith, who ... : NY authorities sue AIG and former execs
Jobless Claims Off Unexpectedly Last Week WASHINGTON (Reuters) - The number of Americans claiming initial jobless benefits fell unexpectedly last week to 303,000, the lowest level in more than four years, a government report showed on Thursday. First-time claims for state unemployment insurance aid fell for the second straight week, slipping 13,000 in the week ende... : Jobless Claims Off Unexpectedly Last Week
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