Insurer of sick running out of funds

A Burlington company that arranged investments in the life insurance policies of sick and elderly Americans is running out of cash.
Christopher Halas, vice-president of Universal […]

Euro gains on dollar on EU support

The euro gained ground against the dollar Tuesday after ECB President Jean-Claude Trichet called for calm in the markets, and stressed the bank stood […]

Circuit City posts wider 2Q loss

Circuit City Stores Inc. said Monday its second-quarter loss widened, and the nation’s second-largest consumer electronics retailer withdrew its fiscal 2009 outlook amid sluggish […]

Retail group offers weak holiday forecast

NEW YORK — Holiday sales are expected to grow at the slowest pace in six years as shoppers worry about jobs, the housing and […]

Lehman files for bankruptcy, plans to sell units

Lehman Brothers Holdings Inc filed for bankruptcy after trying to finance too many risky assets with too little capital, becoming the largest and highest-profile […]

Armstrong Teasdale plans Clayton move

Armstrong Teasdale LLP has signed a letter of intent to move from downtown into the planned $200 million Centene Plaza in Clayton, the law […]

Manulife appoints new CEO

Manulife Financial Corp., Canada’s largest insurer and second-biggest company by revenue, announced Donald Guloien will replace Dominic D’Alessandro as chief executive.
The move is effective […]

Retail sales dip in July, import prices up

U.S. retail sales edged down 0.1 percent in July on a big drop at auto dealers, the government said on Wednesday in a report […]

$2.2B

Independent oil and gas group Imperial Energy Corp. PLC confirmed Monday that it has received an approach regarding another "possible cash offer" for the […]

Jury sides with Mattel in copyright case

A lawyer for Mattel Inc. says a jury has ruled that a designer conceived a competitor’s Bratz doll characters while working for Mattel.
John Quinn, […]