AIG’s new boss: $3 million salary … plus
AIG’s new boss will make an annual salary of $3 million and receive bonuses and stock options worth millions more, according to a company filing on Monday.
Chief Executive Robert Benmosche, who took over the bailed out insurer’s reins on Aug. 10, will take home $3 million in cash [...]
Oil rose towards $68 a barrel on Tuesday in line with a broad recovery on Asian and European stock markets after falling the previous day to a two week-low.
U.S. July housing data and producer prices, both due to be released at 8:30 a.m. ET, will provide the next indication of the health of the U.S. [...]
Stocks plunged around the world Monday amid growing doubts about how strong a global economic recovery will be. But apparently there’s a big contrarian investor out there that’s still pretty bullish: China.
According to reports, China’s sovereign wealth fund is eyeing an investment in the U.S. government’s oft-maligned Public-Private Investment Plan.
That program, known as PPIP, [...]
Japanese stocks rose to the highest level since October after U.S. consumer confidence gained and American home prices dropped less than estimated, a trend Newfield Partners say is set to continue.
In a recent note to shareholders, Newfield Partners suggested that many of Japans benchmark stocks would experience a revival in fortunes as the US recovery [...]