Business
New York Atty. Gen.
April 24, 2004
Willis North America Inc., the nation’s No. 3 insurance broker, agreed to pay $50 million in restitution to settle an investigation into anti-competitive practices involving incentive fees.
April 9, 2005
A $764-million Eurobond issue by a company controlled by Robert Holmes a Court has raised speculation that the Australian investor may be raising money to finance further takeover activity.
Oct. 9, 1987
Entertainment & Arts
With a fortune estimated at $780 million and ranked No. 746 on the Hurun Report’s 2015 “China Rich List,” “Ip Man 3” financier Shi Jianxiang has set his sights on becoming a movie mogul.
March 8, 2016
Corporate insurance buyers are waiting warily to see whether the broker kickback scandal has hit them
Nov. 15, 2004
Insurance: Sept. 11, big bankruptcies and years of price cutting have led to increases, experts say.
March 25, 2002
Regulators are examining insurers’ payments to a San Diego brokerage, sources say.
Oct. 16, 2004
Technology and the Internet
WorldCom Inc. plans to sell off nonessential assets to raise cash, but analysts cautioned Monday that there won’t be many takers and the prices will be too low to make a dent in the telecommunications firm’s massive $41-billion debt.
July 23, 2002
Politics
Top legislative leaders have demonstrated once again their ability to attract substantial speaking income, much of it from organizations with a strong interest in issues before the Legislature, according to financial disclosure reports made public Tuesday.
March 5, 1986
Deutsche Bank, West Germany’s largest bank, on Monday emerged as a white knight for Morgan Grenfell Group PLC with a $1.48-billion takeover offer designed to stave off a hostile bid by Banque Indosuez of France.
Nov. 28, 1989