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The first local home builder to seek protection from creditors in U.S. Bankruptcy Court has become the first to exit.

Citigroup Inc. said Monday it will eliminate approximately 53,000 more jobs in the near future as part of its wide cost-cutting efforts. (C)

The Denver office of Economic Development (OED) has released the draft of an action plan for using $6.1 million in federal funds to buy and redevelop foreclosed homes in Denver, the office said Monday.

Global insurance broker Lockton has published its Fall 2008 market Update, a snapshot guide to the latest trends and emerging risks confronting risk managers and insurance carriers today. "The 200

Willis Group Holdings has launched a single broking technology platform for its 20 retail offices across China and has established a new operations center in Shanghai. Willis said the initiatives

Somali pirates have captured a fully laden Saudi supertanker far off east Africa, seizing the biggest vessel ever hijacked with a cargo of oil worth over $100 million in an attack that pushed world cr

A series of violent storms tore across Australia's East Coast, sweeping one man down a storm drain to his death, blowing roofs off houses and knocking out power to hundreds of thousands of buildings.

Zurich Financial Services Group announced that, effective January 1, 2009, Geoff Riddell, the current CEO of Global Corporate, will assume additional responsibilities overseeing the Group's operations

Victor K. Fung, Chairman of the International Chamber of Commerce (ICC), has welcomed the statement from the G20 Summit, held on 15 november in Washington, DC for the significant initiatives agreed by

A West Virginian woman has been sentenced to up to 10 years for submitting false insurance claims for jewelry. According to state officials, Sherry Kay Peyton, of Williamstown, who plead guilty in