Peering Into the Peer-to-Peer Lending Boom

For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…

Week in Preview: Coca-Cola, Disney, Hasbro Earnings

It should be pretty quiet on the economic calendar this week, with only a few national reports due out. But iconic companies Walt Disney, Coca-Cola and Hasbro, among others, are scheduled to report quarterly results.
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AIG Raises $37 Billion to Repay U.S. Government

Eager to show taxpayers it intends to deliver and repay the $182.3 billion bailout it received during the financial crisis, insurance giant American International Group (AIG) announced that it has raised nearly $37 billion to repay the U.S. government….

Week in Preview: The Earnings Crunch Continues

Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to p…

Regulators Probe ‘Inherently Deceptive’ Insurance Marketing

In three states, regulators have started or widened investigations into insurers after a judge described MetLIfe Inc’s (MET) marketing of asset accounts as “inherently deceptive.”

On Sept. 10, U.S. District Judge Larry Hicks in Reno, Nevada said that …