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Crisis on Wall Street

Report: AIG asks gov't to approve bonus payments

After its bonus payments ignited a firestorm of criticism earlier this year, American International Group Inc. is asking the federal government to weigh in on the insurer's plan to resume paying millions in promised retention incentives next week, according to media reports. (full story)

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Product recalls, possibly salmonella-tainted

The following recalls have been announced because the products may be contaminated with salmonella, an organism that can cause serious and sometimes fatal infections, especially in young children, the elderly and those with weakened immune systems; no illnesses have been reported: (full story)

Sunoco places 4 on leave after investigation

Sunoco placed four employees on administrative leave and said Thursday that it had notified the Department of Justice of what it called improper conduct during a bidding process with an oil producer. (full story)

Tidewater board OKs stock buyback up to $200M

Tidewater Inc., which provides water transportation for the petroleum industry, said Thursday its board has authorized it to repurchase up to $200 million in shares of its common stock. (full story)

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