76369 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Billionaire Warren Buffett's Berkshire Hathaway Inc. won a $224 million bet with Florida after the state side-stepped major damage from hurricanes this year.
Florida's option agreement that would have compelled Buffett to buy $...
DATE: Dec 31, 2008
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Stress management is one of the key components to having a healthy and effective workforce. That is according to Paul Loftus, a Montreal-based industrial/organisational psychologist, who will be giving a seminar on the very topic at the Bermuda Insur...
DATE: Dec 31, 2008
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NEW YORK (AP) - Wall Street staged a big advance in the next to last session of 2008 yesterday after Washington's latest lifeline to the auto industry bolstered hopes that the government will do whatever is necessary to cut short the recession.
Inves...
DATE: Dec 31, 2008
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BERLIN (AP) — Insurers' losses from natural disasters rose by about 50 percent in 2008, with Caribbean hurricanes Ike and Gustav powering the increase and climate change increasingly a factor, a leading reinsurer said yesterday.
Munich Re AG said in ...
DATE: Dec 31, 2008
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SAN FRANCISCO (Bloomberg) - Google Inc., owner of the world's most-used search engine, is giving employees mobile phones instead of cash gifts this year as it reins in costs during the recession, according to a person familiar with the matter.
About ...
DATE: Dec 31, 2008
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NEW YORK (Bloomberg) — GMAC LLC, bolstered by a $6 billion federal bailout, resumed lending to General Motors Corp. customers with lower credit scores as the US stepped up efforts to keep the automaker in business.
The US Treasury said it will take a...
DATE: Dec 31, 2008
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WASHINGTON (AP) — Federal regulators officially rejected a banking industry push to suspend accounting rules that force banks to value assets on their balance sheets at current market prices even if they plan to hold them for years.
The Securities an...
DATE: Dec 31, 2008
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Bermuda-based Enstar Group Ltd. yesterday announced that its subsidiary Royston Run-Off Limited had completed the acquisition of Unionamerica Holdings Ltd. for $341.3 million.
The Enstar Group specialises in buying insurance operations that are distr...
DATE: Dec 31, 2008
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Bermuda Press (Holdings) Ltd. boosted its share price by 18.18 percent ($2) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Gazette's parent company saw its share value close at $13, with 2,800 shares traded.
Belco Holdings Ltd...
DATE: Dec 31, 2008
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CHICAGO (Bloomberg) — Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Co., surpassing the rates charged by Weil, Gotshal & Manges in the Lehman Brothers Holdings Inc. case, the largest in history.
Tribune, th...
DATE: Dec 31, 2008
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