AIG's $9 billion offering could be pulled: sources
NEW YORK (Reuters) - American International Group and theTreasury on Wednesday said they will sell around $9 billion in AIG stock, but sources familiar with the situation said the Treasury would pull the sale if it cannot be done profitably.
Issues in Depth
Rajaratnam won't be the last
The conviction of hedge fund founder Raj Rajaratnam is by far the government's biggest victory in its wide-ranging hedge fund insider-trading probe. It is unlikely to be the last. Video | Full Article
Obama looks strong for 2012 vote
The president has a wide lead over potential Republican rivals for the election next year, but faces serious doubts about his handling of the economy, a Reuters/Ipsos poll found. Full Article
America returns to shopping
Retailers dominate the companies announcing results on Thursday, with Reuters experts predicting that Nordstrom will deliver earnings of 68 cents a share, an upside surprise of nearly 2 percent. Video
Sebelius: States to run exchanges
Most states likely will run their own health insurance marketplaces or partner with neighbors to help expand coverage under the federal health reform law, Health Secretary Kathleen Sebelius told the Reuters Health Summit on Wednesday. Full Article
Busting China's stock scams
Increasingly U.S. investors chasing the next hot Chinese stock find themselves victims of scams. A group of investigators and short sellers have been sniffing out fraud, which sometimes gets them in trouble. Full Article | Video
More pressure on Pakistan military
Pakistan's opposition leader accused the country's powerful spy agency of negligence and incompetence as the country's former president said rogue members of the security establishment may have helped Osama bin Laden hide for years near Islamabad. Full Article
- Rajaratnam convicted on all insider trading charges |
- Syrian tanks shell towns, at least 19 killed |
- Libyan TV shows first film of Gaddafi in two weeks |
- Republicans unveil cuts as Democrats eye tax hike
- Mississippi River flood passes record at Natchez |
- AIG's $9 billion offering could be pulled: sources
- Cisco warns of sales miss, eyes $1 billion savings
- Senator describes "gruesome" bin Laden photos
- Clashes in Greece as EU and IMF start key visit
- More pressure on Pakistani military over bin Laden |
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AIG's $9 billion offering could be pulled: sources
NEW YORK (Reuters) - American International Group and theTreasury on Wednesday said they will sell around $9 billion in AIG stock, but sources familiar with the situation said the Treasury would pull the sale if it cannot be done profitably.
Commodities fall hits Asian markets
MELBOURNE (Reuters) - Asian share markets fell on Thursday after a second big sell-off in commodities in less than a week sparked a retreat from riskier investments, including stocks, although oil and silver managed to claw back some of their losses.
Arctic nations eye future of world's last frontier
WASHINGTON (Reuters) - Leaders of Arctic nations gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world's fragile final frontier.
Syrian tanks shell towns, at least 19 killed
AMMAN (Reuters) - Syrian tanks shelled residential areas in two towns and at least 19 people were killed across the country, rights campaigners said, as President Bashar al-Assad's forces fought to crush a seven-week uprising. | Video