Latest Business News: Regulators Name AIG, GE Capital Potential Risks

Wochit
Latest Business News: Regulators Name AIG, GE Capital Potential Risks
U.S. regulators have labeled insurer American International Group Inc. and General Electric Co.'s finance arm as potential threats to the financial system, designations that bring stricter government oversight. Hoping to snag a few more paying customers -- and offer an alternative to Google Maps --, Nokia is bringing its suite of mapping, turn-by-turn direction, and transit apps to all Windows Phone 8 smartphones. The app, known as Here will arrive in the Windows Phone Store by the end of the week. The U.S. Department of Justice said that Federal Reserve chairman Ben Bernanke should not testify in the lawsuit by American International Group Inc's former chief Maurice "Hank" Greenberg against the United States over the insurer's 2008 bailout.
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