Ex-AIG CEO not now planning to boost NY Times stake
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Maurice Greenberg, the former head of  insurer American International Group Inc. "has no present  intention of significantly increasing his holdings" in New York  Times Co., a Greenberg spokesman said on Wednesday.
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NEW YORK Marsh &amp; McLennan has a good chance of surviving despite the departure Monday of Jeffrey Greenberg, its chief executive, as long as its outside directors understand that removing Greenberg is not the last but the first change they will have to make
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U.S. blue chip stocks were slightly  lower on Monday as regulatory concerns at insurer American  International Group Inc. AIG.N overshadowed Verizon  Communications Inc.'s VZ.N move to buy MCI Communications  Inc. MCIP.O in a deal worth $6.75 billion.
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The New York Times' controlling family resists calls for board reform.
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In a sign that the New York Times Co.  may be trying to appease investors who have criticized it, the newspaper publisher invited Morgan Stanley money manager Hassan Elmasry and another large shareholder, T. Rowe Price Group Inc., to make presentations to its board of directors late last month, The Wall Street Journal reported.
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The recent federal and state investigations aimed at global insurer American International Group are leading investors to wonder if Chairman Maurice &quot;Hank&quot; Greenberg may soon retire due to so-called regulatory fatigue.
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Dow component AIG says SEC staff may recommend action against it related to past transactions. NEW YORK (CNN/Money) - Insurer American International Group Inc.
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American International Group Inc  , the world's largest insurer, on Tuesday said potential  losses on a derivatives portfolio were not expected to be  material to the company.
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A feud over influence at American International Group, the worldâs largest insurer, continues in legal papers and in public.
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The chief executive of The New York Times Co. said on Wednesday he does not consider a planned weekend edition of The Wall Street Journal or two new free daily papers in New York a threat, but he is keeping an eye on the competition.
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U.S. blue-chip stocks nudged lower on  Monday, weighed by a drop in American International Group Inc.  AIG.N on regulatory concerns, but a 4 percent jump in Apple  Computer Inc. AAPL.O helped lift the Nasdaq.
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The state Department of Insurance never responded to inquiries by American International Group Inc. about whether its commission payments to a brokerage giant were legal, AIG&#39;s top executive said yesterday.
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Shares in AMR Corp. (AMR.N: Quote, Profile, Research) , the parent of American Airlines, slipped after the company said it expects soaring jet fuel prices to push its expenses
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The Murdoch family&#39;s long-term control of its media empire is less certain this week after News Corporation&#39;s largest investor moved to almost double his voting stake.
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With the collapse of his bid to push General Motors Corp. into an alliance with two foreign automakers, Kirk Kerkorian has yet to reap a windfall on his investment in the automaker, which analysts said could drive him to seek ways to further lift the stock price.
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Maurice Greenberg, the former head of insurer American International Group Inc.  is interested in launching a takeover for all of New York Times Co. , CNBC television reported on Wednesday, citing unnamed sources.
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The New York Times Co. told investors yesterday that its fourth-quarter and full-year earnings would miss Wall Street estimates on weaker-than-expected advertising in the fourth quarter and higher costs for promotion, printing, distribution, and newsprint.