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AIG To Repay $37 Billion In Bailout Funds

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — AIG said Monday it raised nearly $37 billion from the divestment of two foreign insurance units and will use that money to repay a go...

Size Matters: Americans Moving to Smaller Homes

Robyn Griggs Lawrence | Posted 05.25.2011 | Green
Robyn Griggs Lawrence

With the housing market in a slump and more homeowners concerned about rising utility costs, this move toward smaller homes makes sense -- but it's not driven solely by economics.

AIG: Prudential AIA Offer Won't Be Accepted

AP | Posted 05.25.2011 | Business

BANGKOK — U.S. insurer AIG said Tuesday it won't accept a lower offer for its Asian insurance business from Prudential, potentially scuttling th...

AIG, Alico Sale: Profitabe Health Insurance Unit Sold To MetLife Inc. For $15.5B

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to ...

AIA Bought By Prudential: AIG's Asian Unit Sold For $35.5 Billion

AP | ROBERT BARR | Posted 05.25.2011 | Business

LONDON — British insurer Prudential PLC said Monday it will buy the Asian unit of bailed out American International Group Inc. in a deal worth $...

China's Senior Market: Gray Today, Golden Tomorrow

Tom Doctoroff | Posted 05.25.2011 | Business
Tom Doctoroff

Marketers must realize that, as incomes rise, the Middle Kingdom will become more modern, more international, but not more Western. Goods must be positioned in accordance with cultural imperatives.