U.S. health bill nears crucial Senate test vote
With 60 votes in hand, Senate Democrats cruised on Sunday toward an expected victory on the first of three crucial test votes that will put a broad healthcare overhaul on the path to passage by Christmas. Read Full Article here.
AIG Chief tackles government repayment head-on
Bailed-out U.S. insurer American International Group will take at least two years to repay its debt, but is benefiting from an aggressive management style, said Chief Executive Officer Robert Benmosche in an FT interview. Read Full Article here.
Citadel Broadcasting files bankruptcy protection
Citadel Broadcasting Corp , the third-largest U.S. radio broadcaster, said on Sunday it filed for the bankruptcy protection, as the radio industry continues to be hard hit by depressed advertising revenue. Read Full Article here.
Outlook for big U.S. banks brightening: Barron's
Prospects for the four big U.S. banks are brightening, with earnings set to rise markedly in the coming years, the financial weekly Barron's writes in its latest issue. Read Full Article here.
Mercer facing $2.8 billion lawsuit in Alaska: report
Mercer is facing a $2.8 billion lawsuit by the Alaska Retirement Management Board that alleges the human resources consulting firm made a number of errors in its work as the state's actuarial consultant, according to a New York Times column published on Sunday. Read Full Article here.
OPEC to keep oil supply steady, price holds firm
OPEC will almost certainly leave output targets unchanged when it meets this week in Luanda, ministers said on Sunday, as robust oil prices offset any concerns in the group about excess supplies. Read Full Article here.
FreightCar America says CEO departs, appoints new one
FreightCar America Inc , maker of coal-carrying railcars, said on Sunday that its Chief Executive Officer Christian Ragot has left by mutual consent, and is being replaced by a former FreightCar executive. Read Full Article here.