Most teenagers who drove under the influence of marijuana said the drug either improves their performance behind the wheel or is no hindrance, according to a survey by insurer Liberty Mutual Holding Co. and a safety group.
Bank of America Corp., the lender burdened by its Countrywide Financial Corp. takeover, would consider putting the unit into bankruptcy if litigation losses threaten to cripple the parent, said four people with knowledge of the firm’s strategy.
Liberty Mutual Insurance Co. settled a lawsuit the insurer filed against one of its former outside lawyers claiming he tried to extort new legal work with a threat to expose misconduct by an unidentified company executive.
Liberty Mutual Holding Co., the policyholder-owned insurer, postponed the largest U.S. initial public offering of 2010 as demand was less than the company had projected for a unit that sells policies through agents.
Liberty Mutual Holding Co., the second-largest policyholder-owned property-casualty insurer in the U.S., is expanding abroad and shortening the duration of bond holdings on concern that deficit spending and Federal Reserve policies may weaken the dollar.
Notre Dame’s Mendoza College of Business holds the top spot in Bloomberg Businessweek’s ranking of undergraduate business schools for a fourth year, as students lauded its curriculum, liberal arts bent and focus on ethics.