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Assured Guaranty Ltd. has announced that its subsidiary, Assured Guaranty US Holdings Inc., has priced its $150 million Series A Enhanced Junior Subordinated Debentures due 2066. The debentures will pay a fixed 6.40 percent rate of interest until Dec...

NEW YORK (Bloomberg) — Lehman Brothers Holdings Inc., led by its strength in bond trading, reported a 22 percent increase in fourth-quarter profit and ended the year with a record $4 billion in earnings.Net income climbed to $1 billion, or $1.72 a sh...

Rose Emily Philpott, 79, of Pitts Bay Road, Hamilton. Maurice Archibald Musson, 79, of Swans Bay Hill, Pembroke. David Chesterfield Osborne Sr., 79, formerly of Devonshire. Robert Gladwyn Woolridge, 79, of Studio Lane, Hamilton parish. Robert Leroy F...

WASHINGTON — New home construction is plummeting. Car sales are weakening. Investors have driven long-term interest rates well below the short-term rates set by the Federal Reserve. All these factors are present today, and all have been precursors of...

HERE'S a saying I coined to the effect that "White America giveth and white America taketh away". This, of course, is a variation on the well-known religious text and I came up with it during the firestorm of controversy that followed on from the Jan...

SEOUL (Bloomberg) — A Lazard Ltd. fund and a shareholder activist convinced South Korea's Taekwang Group to reorganise into a holding company as part of corporate governance reforms, triggering a surge in shares of the industrial group's units.As par...

THE Bank of Bermuda has announced that in partnership with the Bermuda Society of Arts, local artists will now have the opportunity to display images of their artwork along Front and Reid Street. Members of the Bermuda Society of Arts have been invit...

NEW YORK (AP) — “United 93,” which unflinchingly depicts the hijacked 9/11 flight that crashed into a Pennsylvania field, was chosen on Monday as best picture of the year by the New York Film Critics Circle.Written and directed by Paul Greengrass and...

NEW YORK (Reuters Health) — Researchers studying a group of vegetarians who’d maintained a diet relatively low in protein and calories found that they had lower blood levels of several hormones and other substances that have been tied to certain canc...

The fantasy land of Hollywood now presents “Eragon,” essentially “Star Wars” — with dragons. Or maybe “The Lord of the Rings” — with dragons. This sword-and-sorcery tale loots its plot points and character archetypes from millennia of standard-issue ...