Daimler Sells $2.17 Billion EADS Stake

Daimler AG, which helped form European Aeronautic, Defence & Space Co. more than a decade ago, sold half its remaining holding in the company for 1.66 billion euros ($2.17 billion) to focus on cars and trucks.

AIG Considers Sale of Blocks of Life Policies
33:48 - AIG, the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with the company’s planning. Bloomberg's Jeffrey McCracken reports on "Bloomberg ‹GO›." (Source: Bloomberg)
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