49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) ? The US Senate Finance Committee yesterday voted to impose penalties on companies that redomiciled in Bermuda for tax-avoidance reasons between March 2002 and March 2003 and for a $1-million limit on executive compensation tha...
DATE: Jan 18, 2007
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: How did you come to transition from the board to your new responsibilities?: The timing of Bob Cooney?s decision to step down at Max was not pre-planned. Certainly, he had made it known that at some point in time he was going to scale back, but the...
DATE: Jan 18, 2007
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NEW YORK (AP) — Fourth-quarter earnings at JPMorgan Chase & Co. soared 68 percent on strong investment banking growth and a gain from the sale of the bank's corporate trust business, but signs of worsening credit quality worried investors.The New Yor...
DATE: Jan 18, 2007
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WASHINGTON (Reuters) - Rep. Barney Frank, the head of the House Financial Services Committee, vowed yesterday to look into an alleged ?failure in the insurance system? related to Hurricane Katrina.
?We have received from our congressional colleagues ...
DATE: Jan 18, 2007
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W. Marston Becker — known as Marty — was appointed chairman and chief executive officer of Max Re at the end of October, when founder Bob Cooney resigned following some confusion over the accounting for some of the company’s contracts. Mr. Becker too...
DATE: Jan 18, 2007
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All Bermudian ownership in telecommunications would be wiped out within a year, if Government?s proposals for the industry were to be implemented.
That is the view of one of a group of local internet service providers (ISPs) who met Environment, Tele...
DATE: Jan 18, 2007
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AUTHOR:
Jonathan Kent
The Royal Gazette/Bermuda Stock Exchange (BSX) Index closed virtually unmoved after a quiet trading day yesterday.
Kentucky Fried Chicken Bermuda Ltd. was the only issue to advance, as it gained 25 cents (4.3 percent) to close the day on $6, as 100 o...
DATE: Jan 18, 2007
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TALLAHASSEE (Reuters) — State lawmakers looking to overhaul Florida’s troubled property insurance market are wrestling with proposals that would give the state government a much bigger role in insurance.Eight hurricanes caused more than $30 billion o...
DATE: Jan 18, 2007
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Telecommunications Minister Neletha Butterfield said yesterday that her meeting with internet service provider (ISP) representatives had been “productive” and was all part of the consultation process.
The predominantly locally-owned ISPs believe they...
DATE: Jan 18, 2007
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SAN FRANCISCO (Reuters) — Apple Inc. reported yesterday a 78 percent surge in quarterly profit, trouncing Wall Street expectations in a strong holiday season when it sold more than 21 million iPod digital music players.Its quarterly earnings topped $...
DATE: Jan 18, 2007
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