John Hancock News
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Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travelers from curb to gate without wasting time in lines.
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John Hancock, who has feuded with his billionaire mother Gina Rinehart for at least a decade, today for the first time sought to wrest control of a multibillion dollar family trust from her.
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Industrial Alliance Insurance and Financial Services Inc. is poised to continue outperforming Canadian insurance peers as it shores up capital to guard against a decline in stocks.
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Manulife Financial Corp., Canada’s largest insurer, said first-quarter profit dropped 56 percent on charges related to equity markets and interest rates, and as insurance sales in Asia and Canada declined.
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Boston Properties Inc., the biggest U.S. office real estate investment trust, reduced its forecast for 2013 funds from operations as it absorbed costs relating to the hiring of a new chief executive officer.
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John Hancock, the estranged son of Australia’s wealthiest citizen, the iron ore billionaire Gina Rinehart, recently flew to the U.S. to join 400 guests at a four-day wedding celebration in Bar Harbor, Maine.
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One Fund Boston, set up to aid marathon bombing victims, has reached $20 million with donations ranging from $5 by children with lemonade stands to $1 million by companies, Mayor Thomas Menino said.
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Hope Rinehart Welker, who sued her billionaire mother Gina Rinehart over management of a multibillion-dollar trust, sought to exit the litigation and said she won’t help her siblings pursue the lawsuit.
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Royal Bank of Scotland Group Plc was sued by a group of 21 pension funds and investment firms claiming the lender misled them about its finances when selling new shares in 2008, months before a government bailout.
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The South Boston waterfront was long a bleak area separated from the rest of the city by the Fort Point Channel, its docks and warehouses recalling a faded shipping past. Now, rechristened the Seaport district, construction cranes dot the landscape as builders put up high- end condominiums, offices and hotels in one of the biggest neighborhood transformations in Boston history.
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