Report: AIG near $35B Asia deal
merican International Group Inc., majority owned by the U.S. government after a massive bailout, is close to a $35.5 billion deal to sell its Asian life insurance operations to Britain's Prudential PLC.
Chile quake could cost economy $30B
The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation's economy, according to a risk management assessment firm.
All eyes on U.S. job report
A wave of disappointing economic reports has revived fears that the recovery is unsustainable, upping the ante for this week's batch of economic news, including the big February jobs report Friday.
Toyota mess rife with conflicts
In a most public fashion, congressional lawmakers have been grilling Toyota officials this week about safety defects that have caused some of the automaker's vehicles to accelerate without warning. Accidents and deaths are being linked to these problems.
‘Shutter Island’ rules box office again
No one will question Paramount Pictures' decision to move "Shutter Island" out of last year's crowded fall corridor into Spring 2010 after it racked up a number one slot for the second weekend in a row.
Major runway closing at JFK airport
New York's John F. Kennedy International Airport isn't exactly the poster child for on-time departures and things may get worse before they get better for travelers using the airport this spring.