Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

10 Things to Know About the Construction Industry Supply Chain

Nov 15 2009 // Construction activities affect nearly every aspect of the U.S. economy. Here are 10 things worth knowing about the construction industry: 1. Contribution to GDP In 2008, the construction industry’s contribution to...

Climate Change Treaty and Doha Round Top International Agenda

Nov 15 2009 // Climate change and Doha Round agreements remain doubtful, as last minute efforts to construct a deal all parties can accept remain stymied by national priorities. Although negotiations have been continuing, it now seems as...

It Figures

Nov 15 2009 // 488% The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose...

Benmosche Denies He Might Leave AIG; ‘Totally Committed’ Says CEO

Nov 12 2009 // American International Group Chief Executive Robert Benmosche said on Wednesday he remains “totally committed” to staying at the company, countering an earlier report that he was considering stepping down. In a...

Senator Kerry, UN’s Ban Ki-moon Upbeat on Climate Bill Prospects

Nov 11 2009 // U.S. Senator John Kerry said Tuesday he will try to “outline” a compromise climate control bill before December’s international global warming conference and U.N. Secretary-General Ban Ki-moon gave an...

Supreme Court Justices Question Patents for Business Methods

Nov 10 2009 // U.S. Supreme Court Justices seemed reluctant to allow hedging methods to be patented as it heard arguments Monday that were closely watched by software, biotech firms and other industries. Some software and biotechnology...

Greenberg: Story Line Shifts to His Private Company, C.V. Starr

Nov 10 2009 // When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed...

Tropical Storm Ida Pounds Gulf States with High Winds, Heavy Rains

Nov 10 2009 // A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy production. Ida, once a Category 2...

Hurricane Ida Kills 124 in El Salvador; Heading for Gulf Oil Fields and U.S.

Nov 9 2009 // Hurricane Ida headed toward oil and gas facilities in the central Gulf of Mexico on Monday on a path to the U.S. Gulf Coast after killing 124 people in El Salvador following floods and mudslides. U.S. oil companies were...

France’s AXA Eyes Asia Growth with Takeover Bid

Nov 9 2009 // AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s...

Pennsylvania Landowner Blames Energy Drilling for Water Pollution

Nov 9 2009 // An Avella, Pennsylvania landowner is suing an energy company for polluting his soil and water in an attempt to link a natural gas drilling technique with environmental contamination. George Zimmermann, the owner of 480...

Supreme Court to Hear Key Case on Patents For Business Methods

Nov 9 2009 // Software, biotech firms and others who develop new ways to do business will be watching closely Monday as the U.S. Supreme Court hears a case that could determine if such innovations can win patent protection. The case...

Hurricane Ida Shuts Gulf Refineries; Downgraded to Tropical Storm

Nov 9 2009 // Energy companies operating in the Gulf of Mexico shut in oil and natural gas production and a major gas hub was closed on Monday as Hurricane Ida spun toward the region. The Independence natural gas hub — the largest...

House Narrowly Approves Major Overhaul of Healthcare System

Nov 8 2009 // The U.S. House of Representatives narrowly endorsed Saturday the biggest healthcare overhaul in decades, giving President Barack Obama a crucial victory in a battle that now moves to the Senate. By a 220-215 vote,...

UN Climate Change Treaty May Need Extra Year

Nov 6 2009 // A U.N. climate treaty may need an extra year beyond the December deadline to agree on details, delegates at U.N. talks said on Thursday, even as a U.S. Senate committee approved a carbon-capping bill. The Nov. 2-6 meeting...

U.S. Senate Passes Tax Loss Credit for Business

Nov 6 2009 // U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill that passed the Senate by a unanimous vote Wednesday. The provision was added to...

Military Insurer USAA Expands Reach by 35 Million to All Veterans

Nov 6 2009 // Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have honorably served in the U.S. Armed Forces anytime. More than...

Recovery Could Depend on Companies’ Savvy Use of Temporary Workers

Nov 5 2009 // Most employers around the world are leery of using temporary workers and other contingent labor, but they will have to get over their reluctance if they are to thrive during an economic recovery, according to employment...

U.S. RE in Alliance with Argentine Broker

Nov 5 2009 // Tal P. Piccione, Chairman and CEO of international reinsurance brokerage firm U.S. RE Corp., announced that it “has formed a strategic, exclusive, and reciprocal alliance with San Segur, a prominent insurance and...

Catlin Group’s Interim Management Statement Shows Gains

Nov 5 2009 // The Bermuda -based Catlin Group Limited has released its interim management statement as of Sept. 30, 2009, which shows significant gains in the Group’s operations. The bulletin listed the following highlights for...