MetLife Inc. plans to pay about $2 billion to buy the largest private pension fund administrator in Chile, as the insurer and annuity provider seeks to build its presence in emerging markets.
The Arkansas Teacher Retirement System hopes to invest $60 million in the $1 billion Big River Steel LLC mill planned for Osceola, officials announced Wednesday.
The Arizona Department of Corrections says it has severed ties with a Pennsylvania company and has hired a new contractor to provide health services for all inmates in the state prison system.
Aetna's fourth-quarter net income sank 49 percent as higher medical costs squeezed profitability for the insurer's commercial health coverage, and several one-time expenses chipped away at the bottom line.
A pair of labor bills in Maine that have been rejected in past legislative sessions, so-called right-to-work and fair share, are being introduced again this session.
Aetna Inc. will become on Thursday the latest big health insurer to report how it wrapped up 2012 and how it expects results to shake out this year, as the industry prepares for the start of expanded coverage and new taxes under the health care overhaul.
When stocks are rallying as they are now, investors should exercise caution. The market is up more than 120 percent since early 2009, and the strongest returns may be behind us.