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A.M. Best Affirms Ratings of Hatherley Insurance Ltd. (Business Wire via Yahoo! Finance)
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OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit rating of “a-” of Hatherley Insurance Ltd. . The outlook for both ratings is stable.
Job Cuts Loom At Citi, Sun Microsystems - CBS News
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Job Cuts Loom At Citi , Sun Microsystems CBS News, NY - Nov 14, 2008 Broader economic woes have also led customers to start defaulting on other loans as well, such as credit cards , leading to losses in that division. ...
American Express to cut 7,000 jobs - Associated Press
hosted.ap.org
NEW YORK (AP) -- In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co. said Thursday that it plans to cut 7,000 jobs, or about 10 percent of its worldwide work force, in an effort to slash costs by $1.8 ...