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SEC's Wyly brothers charges may depress donations

Securities and Exchange Commission charges against the Wyly brothers are expected to depress – or completely wipe out – future donations to Republicans.


Posted on July 30, 2010

Futures Movers: Oil shakes weakness to close near $79 a barrel

Crude oil prices reverse higher and notch their best month since March.


Posted on July 30, 2010

Currencies: Dollar posts small gains vs euro after U.S. data

The U.S. dollar gave up some of its earlier gains against the euro Friday.


Posted on July 30, 2010

Bond Report: U.S. 2-year yields back to record lows after data

Treasury prices rose on Friday, pushing 2-year yields to the lowest on record, after a report said the U.S. economy grew at a slower pace than analysts expected, heightening concerns that the economy may struggle to recover.


Posted on July 30, 2010

Earnings Watch: Updates, advisories and surprises

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.


Posted on July 30, 2010

Insurance

http://www.businessinsurance.com

House vote seen close on oil spill bill

WASHINGTON, July 30 (Reuters)—A close vote is expected later on Friday when the House of Representatives decides on legislation to reform the oil industry's offshore drilling practices in response to the massive Gulf oil spill.

 

Property/casualty insurers withstand tough economy: Analysis

Although property/casualty insurers suffered sharp declines in net asset values resulting from weak investment conditions and other difficulties in the financial markets, they have been affected to a lesser degree than other sectors, says Standard &...

 

9/11 emergency responders bill falls short in House

WASHINGTON—The U.S. House failed to approve legislation that would have reopened a victims compensation fund for emergency responders, cleanup workers and others sickened by materials at the World Trade Center site in New York.

 

Founding member of Anderson Kill & Olick dies

NEW YORK—Eugene R. Anderson, a founding member of New York-based insurance recovery firm Anderson Kill & Olick P.C., died Friday morning after a long illness.

 

Jardine Lloyd Thompson profits up, says pricing still weak

LONDON (Reuters)—Insurance broker Jardine Lloyd Thompson Group P.L.C. on Friday reported a 14% rise in its half-year profit thanks to acquisitions and efficiency gains last year and warned of a continued dip in insurance prices.

 

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