The Five Countries With the Biggest Defense Budgets

July 22 (Bloomberg) –- Global defense spending has been declining since 2011, as the U.S. withdraws from Afghanistan and Iraq and Europe implements austerity measures. Bloomberg RANX takes a look at which countries are spending the most on their militaries. (Source: Bloomberg)
Remembering Former AIG CEO Bob Benmosche
14:13 - Feb. 27 -- Robert Benmosche, the combative former chief executive officer of American International Group who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.
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