Evan Greenberg extended an acquisition spree at his Ace Ltd. by agreeing to purchase Chubb Corp. for $28.3 billion in cash and stock.
After the busiest quarter for insurance dealmaking in at least 12 years, the magnitude of Ace's proposed Chubb takeover may spark more M&A activity, industry watchers say.
BNP Paribas was accused of breaching fiduciary, contractual and legal duties, as well as gross negligence and negligent supervision, according to the ruling.
Pot has been generating lots of buzz, but is it ready for its own exchange-traded fund?
The average price for a San Francisco hotel room has jumped 88 percent in the past year to $397 a night, according to an index compiled by Bloomberg of the world’s top 100 financial centers.
Behind the headlines over Donald Trump’s Mexico-bashing remarks is a legal dispute between the billionaire presidential candidate and two Mexican businessmen.
The best investors, Bill Gross says, are “people that are so needy, it’s never enough.”
Even as shoppers flock to the Internet to get the skinny on everything they want to buy, many wealthy patrons still prefer the traditional method.
At least a dozen teams are racing to win Google Inc.’s $20 million prize for getting to the moon—spending up to seven times that amount in the process.
The Supreme Court’s decision to allow same-sex marriage nationwide will remove tax and personal-finance headaches that have bedeviled gay couples.