Continental Airlines and five men went on trial on Tuesday for their alleged role in the crash of an Air France Concorde that killed 113 people in 2000 and brought an end to an era of luxury …
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Concorde Trial Starts in France 10 Years after Crash
An overseer for the U.S. bailout program said Tuesday that France's banking regulator was open to further negotiations over possible concessions on payments from bailed out insurer AIG,
In a victory for ratings agencies, a U.S. judge Tuesday dismissed claims against Moody's Corp
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U.S. Judge Dismisses Claims Against Moody’s, Standard & Poor’s
U.S.
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Treasury Secretary Geithner Denies Role in AIG Disclosure
The U.S. government Tuesday banned hand-held “texting'' by drivers of large commercial trucks and buses to avoid the danger of distracted driving. Transportation Secretary Ray LaHood said in a …
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U.S. Bans Texting by Drivers of Large Trucks, Buses
American International Group Inc.
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AIG Asks Financial Product Employees to Take Retention Pay Cut
A Rhode Island lawmaker is renewing his push to ban drivers from using hand-held cell phones while behind the wheel. Pawtucket Democrat Peter Kilmartin introduced a bill Tuesday that bans drivers …
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Rhode Island Lawmaker Wants to Ban Phone Use while Driving
The Board of County Supervisors in
Federal Reserve officials Tuesday launched a vigorous defense of their dealings with American International Group, calling for a congressional audit and denying any inappropriate action with …
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Federal Reserve Defends Dealings Over AIG Payments to Banks
Democrats in the House struggled Tuesday to find common ground with the Senate on how to pay for a healthcare reform bill, with the differences over taxes emerging as the biggest stumbling block …
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House, Senate Democrats Struggle to Find Healthcare Compromise
U.S. lawmakers moved Tuesday to force release of documents that may show whether the New York Federal Reserve pressured insurer AIG to limit discussions about payments to banks when current …
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Congressional Pressure Builds to Disclose AIG Payments to Banks
House Speaker Nancy Pelosi said Tuesday she was sure Democrats in the House of Representatives and Senate would produce a final health care reform plan that would hold insurers accountable and …
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Democrats Optimistic on Health Care Bill Prospect
An Austin businessman and two of his companies are accused in an alleged scam using former NFL players to attract investors. The Securities and Exchange Commission
Walking into a courtroom Tuesday to face the man who posted naked videos of her online left Erin Andrews momentarily shaken, the ESPN sideline reporter admitted later.
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Illinois Agent Admits Stalking ESPN’s Andrews
Global average land temperatures have been rising since 1850 and the warming has speeded up since 1970, UK Meteorological Office data released on Tuesday shows. The data comes from over 1,500 …
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UK’s Met Office Says Global Temperatures Rising Since 1850
Arizona legislators began a special session Tuesday mostly aimed at reducing the state's $2 billion budget shortfall but also to resolve issues related to foreclosures and research funding. The …
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Arizona Wrangles with $2 Billion Shortfall
Senator Barbara Boxer Tuesday predicted that the United States will not reach a consensus on carbon emission reduction goals for 2020 in time for December's international global warming summit in …
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Senator Boxer Sees no US Accord in Time for Copenhagen Conference
Chairman Christopher Dodd (D-Conn.) of the Senate Banking Committee on Tuesday introduced a draft of the long-awaited financial services regulatory reform bill. While insurance industry …
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Insurance Trades Cast Wary Eyes at Senate Financial Services Bill
A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy …
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Tropical Storm Ida Pounds Gulf States with High Winds, Heavy Rains
A Baltimore brother and sister have been awarded $2.5 million in a lead paint case.
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Baltimore Jury Awards $2.5M in Lead Paint Case
A San Francisco investment manager is facing a maximum sentence of 20 years in prison after pleading guilty to fraud. Federal prosecutors say in pleading guilty to mail fraud Tuesday, Alexander …
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California Investment Manager Pleads to $8.3 Million Fraud
Fire officials say six people, including four firefighters, were taken Tuesday to a hospital because of a toxic spill inside a supermarket in Irvine.
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Southern California Supermarket Has Toxic Spill
Swiss Re strengthened its capital in the third quarter, it reported on Tuesday, boosting its chances of repaying a costly convertible loan from Warren Buffett as it beat operating profit forecasts …
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Swiss Re Q3 Profit Tops Forecasts; Capital Strengthened
The Obama administration made gains Tuesday in its push for U.S. financial reform, unveiling a landmark bill to tackle systemic risk in the economy and winning congressional committee approval for …
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Financial Regulation Bill Unveiled; National Insurance Office Put Off
A California assemblyman said Tuesday he'll try a third time to get strict measures on when health insurance companies can cancel policies approved into law.
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Calif. Lawmaker Won’t Cede Health Insurance Rescissions Fight
A flash flood watch issued for the state of Hawaii on Monday has now been lifted by the National Weather Service. The watch extended through Tuesday afternoon. The weather service said the …
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Hawaii Flash Flood Watch Canceled
Insurance risk specialist Verisk Analytics Inc.
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ISO Parent Verisk Analytics Raises $1.88 Billion in IPO
A U.S. Senate panel Tuesday rejected a government-run “public” insurance option as part of a broad healthcare overhaul, handing insurers an early victory and setting the stage for a long fight …
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U.S. Senate Panel Rejects Public Healthcare Option; More Votes Ahead
Gov. Arnold Schwarzenegger has signed a bill that will prevent nearly 700,000 low-income children from losing health insurance. Schwarzenegger signed the bipartisan bill Tuesday in the state …
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California Bill Saves Children’s Insurance
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