HomeEconomy of the United States News – AIG, BP, Brian Moynihan, Office Depot IncBusinessEconomy of the United States News – AIG, BP, Brian Moynihan, Office Depot Inc

Economy of the United States News – AIG, BP, Brian Moynihan, Office Depot Inc

AIG posts $4 billion loss on sale of aircraft unit ILFC
(Reuters) – Insurer American International Group Inc reported a fourth-quarter loss of $4 billion on Thursday on the sale of its aircraft leasing business, ILFC.

Battle Lines Drawn for BP’s Day in Court
A collection of cases on the Deepwater Horizon spill are headed for federal court, where they are expected to have a broad effect on environmental law.

Bank of America boosts pay of CEO Brian Moynihan
Bank of America shares doubled in value last year, and CEO Brian Moynihan has been rewarded with a big pay raise.

No U.S. antitrust guarantees for Office Depot, OfficeMax merger
Antitrust experts said on Tuesday there were no guarantees that a deal to merge Office Depot Inc, the No. 2 U.S. office supply retailer, with smaller rival OfficeMax Inc would win government approval. …



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