Story | Sep 16, 2014 | 3:42 PM
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Story | Sep 17, 2014 | 5:36 PMThe two candidates running for state insurance commissioner present a stark contrast. The incumbent, Democrat Dave Jones, has used his regulatory authority to push insurers to slow the growth of premiums for auto, home and other property and casualty insurance. His challenger, Republican state Sen. Ted Gaines of Roseville, isn't convinced that the insurance commissioner should have the power to pass judgment over premiums. Gaines is an insurance agent, and that job may give him valuable insights into the industry. But Jones is the only sensible choice to oversee it.
Story | Sep 15, 2014 | 3:48 AM
BRUSSELS (Reuters) - European Union state aid regulators expect Portugal to sell Novo Banco, the successor to troubled Banco Espirito Santo (BES) , in line with a pledge made in return for regulatory approval of its 4.9-billion-euro state bailout. "There...
Story | Sep 12, 2014 | 2:50 PM
Electrolux's $3.3 billion purchase of GE Appliances announced this week means thousands of factory workers across the country are waiting to see what happens to their jobs, as the company works to integrate its appliance-making business. Charlotte, N.C.,...
Story | Sep 12, 2014 | 1:31 PM
WASHINGTON (Reuters) - Federal Reserve Vice Chairman Stanley Fischer has been tapped to head a new financial stability panel at the U.S. central bank, an influential perch he could use to try to broaden and enhance the Fed's powers to ward off a future...