Thursday, September 30, 2010

AIG CEO sees 'no chance' of loss on bailout



HP names ex-SAP chief Apotheker as CEO
Reuters
Then-Chief Operating Officer of SAP Leo Apotheker addresses the TMT 2006 Global Tech Media and Telecom Summit in Paris February 28, 2006. By Gabriel Madway SAN FRANCISCO (Reuters) - Hewlett-Packard Co on Thursday named the former head of German ...
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Reuters
AIG CEO sees 'no chance' of loss on bailout
MarketWatch
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — American International Group Inc. Chief Executive Robert Benmosche said Thursday that the US government could make a profit from its bailout of the insurance giant. "My personal view is that ...
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Fisher-Price recalls 10 million items
Los Angeles Times
Toddler tricycles, high chairs and toy cars are included in the four kinds of products in the year's biggest safety recall so far. By Andrea Chang, Los Angeles Times Toy maker Fisher-Price, a unit of El Segundo-based Mattel Inc., said Thursday that it ...
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Interior Issues New Offshore Drilling Rules, Holds Firm on Moratorium
New York Times
By KATIE HOWELL AND PATRICK REIS of Greenwire The Obama administration today imposed new offshore drilling safety regulations, a move needed to end its moratorium on deepwater exploratory drilling, but it gave no indication of when that ban would be ...
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White House Says TARP To Cost Less Than $50 Billion
Wall Street Journal
By Jared A. Favole Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The cost of the financial bailout, originally projected to be in the hundreds of billions, is now expected to be less than $50 billion, the White House said Thursday. ...
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Fannie Mae wins dismissal of much of investor suit
Reuters
By Jonathan Stempel and Al Yoon NEW YORK (Reuters) - A federal judge dismissed most of a lawsuit accusing Fannie Mae and former executives of misleading investors about its mortgage exposure and risk management before being seized by regulators in 2008 ...
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Novartis fined $422.5M in marketing, kickback case
The Associated Press
PHILADELPHIA — Novartis Pharmaceuticals Corp. will pay $422.5 million in penalties for marketing an epilepsy medicine for unapproved uses and for paying kickbacks to doctors to prescribe it and five other drugs, federal officials announced Thursday. ...
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Yahoo Confirms Key US Executive Hilary Schneider To Depart
Wall Street Journal
Yahoo! Inc. (YHOO) confirmed the departure of one of its top US executives, Hilary Schneider, in a filing with the Securities and Exchange Commission Thursday. According to the filing, she will remain at the company for a transition period, ...
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