HomeUnited States News – White House, AIG, International Monetary Fund, OzBusinessUnited States News – White House, AIG, International Monetary Fund, Oz

United States News – White House, AIG, International Monetary Fund, Oz

White House demands China cease alleged hacking activity
Obama’s national security adviser says China must end recent cyberespionage traced to back to that country or risk impacting relations with the U.S. [Read more]

AIG shareholders win class-action status in lawsuit versus U.S.
(Reuters) – Two groups of AIG shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Hank Greenberg over alleged losses caused by the U.S. government’s bailout of the insurer.

Congress urged to pass vote changes for IMF
WASHINGTON (Reuters) – More than 130 academics and global policy pundits urged the Congress on Monday to enact delayed changes in voting powers in the International Monetary Fund and warned that failure to do so would diminish U.S. influence in the global financial lender. The reforms were approved by the IMF in 2010 in a historic deal that makes China the third-largest voting member in the IMF after the United States and Japan. …

Disney’s ‘Oz’ Is A Hit. So Is James Franco Now An A-List Star?
Hollywood breathed a sigh of relief this weekend as the town finally produced the first hit of the year. Disney’s Oz The Great And Powerful earned $80 million in the U.S. and $70 million overseas for a fantastic $150 million opening weekend. Oz was a nice change from Jack the Giant Slayer which opened the week before to just $27 million. That film, from Warner Bros., has earned just $66 million globally.



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