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AIG Reaches $450 Million Settlement Over Premium Reporting Practices

February 20, 2016

American International Group (AIG) plans to payout a $450 million settlement to seven insurance companies over allegations it under-reported workers' compensation policy premiums, according to a CNBC report. Ha...

Twitter Hit with $124 Million Lawsuit Over Private Stock Sale

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November 3, 2015

Ipos

Soeren Stache, dpa/AP NEW YORK -- Twitter Inc. was sued for $124 million Wednesday by two companies that said the social media darling defrauded it into pushing forward with a doomed private sale of its share...

Nasdaq: Claims in Facebook IPO Capped at $41.6 Million

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August 24, 2015

Nasdaq

Richard Drew/AP WASHINGTON -- The total value of the claims that market makers can recover after suffering losses due to Nasdaq OMX Group's (NDAQ) botched handling of Facebook Inc.'s (FB) initial public offer...

The Taxpayers’ $9 Million CEOs: Think of Them As an Investment

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August 7, 2015

Insurance Industry

Last week's news that the Treasury Department had frozen or reduced the salaries of executives at TARP-bailed-out companies prompted a range of reactions from the public. On the one hand, the revelation that ...

Apple to Invest $850 Million in California Solar Farm

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November 12, 2014

Energy

Marcio Jose Sanchez/APApple CEO Tim Cook SAN FRANCISCO -- Apple is investing $850 million to help build a solar farm in California in partnership with solar panel-maker First Solar, Chief Executive Officer ...

Nasdaq Fined $10 Million for Facebook IPO Snafu

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August 18, 2014

Nasdaq

Spencer Platt/Getty Images WASHINGTON -- Nasdaq has agreed to pay $10 million, the largest penalty ever levied against a stock exchange, to settle civil charges stemming from mistakes made during Facebook's i...

40 Bucks to $10 Million: What Warren Buffett Can Teach You

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May 27, 2014

Mutual Funds

Daniel Acker/Bloomberg/Getty Images You've probably seen the headline -- "Warren Buffett Tells You How to Turn $40 Into $10 Million." Who can resist a story about the legendary investor telling you how to tur...

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