Former American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg asked New York’s highest court to clear his name and dismiss what remains of an eight-year-old lawsuit over an AIG accounting scandal.
Bank of America Corp. said New York Attorney General Eric Schneiderman has no right to take enforcement action against the bank over claims that it violated terms of a nationwide foreclosure settlement.
New York Attorney General Eric Schneiderman said he will announce new enforcement actions against major financial institutions as part of his effort to “protect New York homeowners” after calling the first such lawsuit last year a “template” for future litigation.
General Electric Co. is in talks with New York Governor Andrew Cuomo and Attorney General Eric Schneiderman on expanding its cleanup of contaminants in the Hudson River, according to the head of the state’s canal agency.
New York Attorney General Eric Schneiderman told a court he won’t pursue damages against ex- American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg in a lawsuit dating back to 2005.
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
More than 50 U.S. nuclear scientists, engineers and aides are in Japan helping its government struggling to control a crippled power plant. In the process, they are training for any future crisis at home.