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Headline News: Financial

Global Financial News, Breaking Financial News, Debt and Mortgage Loan Crisis News

550 Cited in Minnesota for Texting While Driving

The Minnesota Department of Public Safety says law enforcement officers across Minnesota cited 550 people for texting while driving during a recent 10-day crackdown on distracted driving. The enhanced enforcement campaign by more than 400 departments this month also netted … Continue reading

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Ohio Woman Must Repay $32K in Workers’ Comp Benefits

An Ohio woman was ordered to repay more than $32,000 in connection with working while collecting workplace injury benefits. Laura Brown pleaded guilty April 9 in Franklin County Court of Common Pleas to workers’ compensation fraud, a fifth-degree felony. “Ms. … Continue reading

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AIG Expands Cyber Coverage to Include Physical Risks from Cyber Events

AIG has expanded its cyber insurance offering to include property damage and bodily injury exposures. This new cyber offering provides commercial customers a way to manage physical risks to their operations from cyber attacks and cyber security failures. AIG’s expanded … Continue reading

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Amazon snares classic shows in deal with HBO

NEW YORK (AP) — Fans of classic HBO shows like “The Sopranos” and “The Wire” will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network. Starting on … Continue reading

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Ackman, Allergan and insider trading

This week a very rich man made about a billion dollars trading on material, non-public information. The investor is Bill Ackman and what he knew was that Valeant Pharmaceuticals would be making an unsolicited bid for botox-maker Allergan. Ackman knew … Continue reading

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Tim Cook needs to make a ‘creative leap’: Sculley

Apple (AAPL) needs to prove it can still make the “creative leaps” it did in the mobile phone business, former CEO John Sculley told CNBC on Wednesday. Investors, however, shouldn’t hold their breath for that kind of bold statement to … Continue reading

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Boeing soars, Allergan gains, Proctor & Gamble droops

Today’s Trending Tickers based on your Yahoo Finance searches are: American aircraft manufacturer Boeing (BA) is lifting higher on it’s earnings. The stock was up about 2% during it’s 10:30 earnings call this morning where management discussed their 14% higher … Continue reading

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Not Guilty Plea Entered by PG&E In Deadly California Blast

Pacific Gas and Electric Co. has pleaded not guilty to federal charges stemming from a natural gas pipeline explosion in California that killed eight people and injured 58 others in 2010, according to court filings. The utility was indicted by … Continue reading

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Monster Involved in Insurer-Funded Settlement in California

Corona, Calif.-based Monster Beverage Corp. has agreed to settlement an ongoing securities class action lawsuit against the company and two of its officers in federal district court in Los Angeles. The settlement, reportedly worth $16.25 million, is pending court approval. The suit was … Continue reading

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Federal Suit Filed Against California Lawmaker, Aide in Fatal DUI

The parents of a Santa Barbara woman who was fatally struck by a congresswoman’s aide filed a federal lawsuit against the driver, U.S. Rep. Lois Capps and the U.S. government. The wrongful death suit filed by Matt and Raeona Dies’ … Continue reading

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