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Date:

Wed, March 18, 2009 10:28:28 AM

From:

AM Business Break by STLtoday.com

Subject:

AM Business Break: AIG chairman assails retention payments

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latest news AIG chairman says retention payments distasteful Edward Liddy is calling some of the company's compensation payments "distasteful" and says the firm made financial mistakes on a scale few could have imagined. [more] Sun shares soar on report of IBM deal talks A published report says IBM is in preliminary talks to buy Sun for at least $6.5 billion in cash. [more] Consumer prices rise by largest amount in 7 months Gasoline prices surge again and clothing costs jump the most in nearly two decades. [more] General Mills profit falls on higher costs General Mills Inc. says its profit dropped 33 percent in the fiscal third quarter on higher costs and a stronger dollar. [more] Latest from The Associated Press from today's post-dispatch Boeing's new F-15 to be 'a silent asset' Next-generation fighter jet is designed to meet needs of nations for security and stealth. [more] Peabody to develop 8 million-ton coal mine The nation's largest coal producer announces plans to develop a sprawling new mine in southwest Indiana. [more] Caterpillar will lay off more than 2,400 workers The company also has implemented rolling layoffs at plants across U.S. and around the world. [more] Antibiotics for livestock are target of bill in House 'Superbug' may develop, critics say; farmers defend use. [more] More business news STLtoday.com blogs STL JobWatch Missouri unemployment rate increase comes with silver lining. [more] Building Blocks St. Louis-area foreclosure auction Saturday. [more] Biz Buzz St. Louis residents plan to delay retirement. [more] More business blogs

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