AIG reports $8.9 bln quarterly net loss

American International Group reported an $8.9 billion quarterly net loss Friday as the insurer boosted reserves in its general insurance division and accounted for the impact of a reduction in the billions of dollars it owes the government. AIG shares dropped 6.7% to $25.66 in pre-market action. AIG said its fourth-quarter net loss was $8.9 [...]

Kim Yu-na Wins Gold in Figure Skating

After months of playing it cool, saying the pressure to win the Olympic gold medal had not weighed on her, Kim Yu-na of South Korea finally let her emotion show on Thursday. For the first time, she stood on the ice after her performance and felt her lips start to quiver. As flowers and stuffed [...]

Wal-Mart Unveils Plan to Make Supply Chain Greener

Wal-Mart, the nation’s largest retailer, announced on Thursday that it would cut some 20 million metric tons of greenhouse gas emissions from its supply chain by the end of 2015 — the equivalent of removing more than 3.8 million cars from the road for a year. The company plans to achieve that goal by focusing [...]

President Urges Focus on Common Ground

If there was any question about how deeply divided Republicans and Democrats are about how to reshape the American health care system, consider that they spent the first few hours of President Obama’s much-anticipated health care forum on Thursday arguing over whether they were in fact deeply divided. The forum played out with Mr. Obama [...]

Regional Group Leaves Out U.S. and Canada

Leaders from Latin America and the Caribbean agreed Tuesday to form a new regional group that brings Cuba into the fold but excludes Canada and the United States. Some of the divisions within the group were on full display during the two-day meeting on Mexico’s Caribbean coast, and most of the details of the new [...]

Mexican Drug Kingpin Sentenced to 25 Years in Secret Hearing

One of the most brutal and feared drug kingpins in Mexican history was sentenced this week to 25 years in prison during a highly secretive hearing here that was closed to the public to protect the lives of everyone involved, according to a court transcript unsealed Thursday. Osiel Cárdenas Guillén, the head of the Gulf [...]

Andrew Koenig’s body found; ‘My son took his own life,’ father says

A tearful Walter Koenig appeared at a press conference Thursday evening to confirm that a body found earlier in the day in Vancouver’s Stanley Park was that of his son, missing “Growing Pains” actor Andrew Koenig. “My son took his own life,” Walter Koenig said, wife Judy at his side. Both parents and about 10 [...]

In ‘First Step,’ India and Pakistan Resume Talks

India and Pakistan took a “first step” toward rebuilding confidence on Thursday after a wide-ranging meeting between high-level diplomats of both countries that included discussions on terrorism, the Mumbai attacks, the disputed border region of Kashmir and competing water claims. Foreign Secretary Nirupama Rao of India described the meeting with her Pakistani counterpart, Salman Bashir, [...]

A Jumble of Strong Feelings After Vote on a Troubled School

Like many other teenagers in this troubled city, Sheila Gomes said she found a surrogate family outside her home at Central Falls High School. But with the school board’s decision on Tuesday to dismiss the entire faculty as part of a turnaround plan for the chronically underperforming school, some say they are losing one of [...]

A Vote to Fire All Teachers at a Failing High School

A plan to dismiss the entire faculty and staff of the only public high school in this small city just west of the Massachusetts border was approved Tuesday night at an emotional public meeting of the school board. The board voted 5 to 2 to accept a plan proposed by Schools Superintendent Frances Gallo to [...]

Next Page »