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Insurance

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Company with Berkshire Hathaway ties in talks to buy Aviva

Symetra Financial Corp., a life insurer that counts Berkshire Hathaway Inc. among its largest shareholders, joined Apollo Global Management LLC to bid for Aviva PLC’s U.S. unit, two people with knowledge of the matter told …

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SOCIAL REPORT: The ‘Fiscal Cliff’

Ah, the “fiscal cliff.” If you’re like us, you hope the buzzword buzzes out of the national conversation, and that a resolution to the issue is soon found. Unfortunately, the phrase and the variety of …

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By the number$: Older U.S. workers worried about their retirements

More than one-third of U.S. workers over 50 say they’re concerned about losing their jobs. And 44 percent say they have considered delaying retirement. A June survey of 1,600 active 401(k) and health plan participants …

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BERKO:Kinder Morgan a smart buy

Dear Mr. Berko:

We are thinking about investing $18,000 and buying 300 shares of Tesla Motors and 100 shares of Kinder Morgan for our joint account. Our objectives are capital gains and income, with a …

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BERKO: Buffalo nickel not worth a New York Mint

Dear Mr. Berko:

The Federal New York Mint is selling one-pound bags of silver-clad Buffalo nickels of various dates for $49, which includes a free stone arrowhead with each order. If there are approximately 45 …

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BERKO: Small stocks, big rewards?

Dear Mr. Berko:

My pharmacist son-in-law likes to research small, unknown stocks that trade below $10 a share and invest in a few hundred shares of each. He has had a few big wins, but …

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Principal’s Christman to chair American Bankers Association panel

Barrie Christman, chairman of Principal Bank, has been elected to chair the American Bankers Association’s Government Relations Council.

The council plays a role in developing legislative priorities for the association. Christman started at Principal Financial …

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Banks see gains in customer satisfaction

Customer satisfaction at credit unions has slipped in the past year, highlighting their challenge to serve customers who have left banks, according to the most recent report by the American Customer Satisfaction Index (ACSI).

The …

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Berkshire announces stock buyback


Berkshire Hathaway Inc. said today that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares, Reuters reported.

The conglomerate, which owns MidAmerican …

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Pre-existing condition fees could hurt a lot

Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama’s health-care overhaul, The …

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