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Oil Prices Hit a New Wartime High as Iran Standoff Shows No End in Sight

The longer the disruption to Middle East fuel supplies lasts, the risk grows that higher energy costs will feed into broader inflation that could...
HomeBusinessPeter Zaffino, AIG’s Chief, Is Stepping Down in Latest Executive Reshuffling

Peter Zaffino, AIG’s Chief, Is Stepping Down in Latest Executive Reshuffling

The announcement that Peter Zaffino would step down as chief executive in June and become executive chairman sent the insurer’s stock tumbling.