Report: AIG near $35B Asia deal

American International Group Inc., majority owned by the U.S. government after a massive bailout, is reported to be close to a $35.5 billion deal to sell its Asian life insurance operations to Britain’s Prudential PLC.

Incentivizing green buildings in Korea

Imagine that you could double the size of your apartment as a reward for saving electricity, water and gas. It’s an idea proposed by the Seoul-based design collective Randomwalks and architect Lee Min-soo for the green redevelopment of Incheon, outside the South Korean capital.

Chile quake could cost economy $30B

The massive earthquake that struck Chile this weekend did between $15 billion and $30 billion in damage to the South American nation’s economy, according to a risk management assessment firm.

All eyes on U.S. job report

A wave of disappointing economic reports has revived fears that the recovery is unsustainable, upping the ante for this week’s batch of economic news, including the big February jobs report Friday.

Toyota mess rife with conflicts

In a most public fashion, congressional lawmakers have been grilling Toyota officials this week about safety defects that have caused some of the automaker’s vehicles to accelerate without warning. Accidents and deaths are being linked to these problems.

Major runway closing at JFK airport

New York’s John F. Kennedy International Airport isn’t exactly the poster child for on-time departures and things may get worse before they get better for travelers using the airport this spring.

‘Shutter Island’ rules box office again

No one will question Paramount Pictures’ decision to move “Shutter Island” out of last year’s crowded fall corridor into Spring 2010 after it racked up a number one slot for the second weekend in a row.

Police: Marie Osmond’s son committed suicide

The death of Marie Osmond’s 18-year-old son has been classified as a suicide, police said Sunday.

Stars look radiant on red carpet

Actress Anna Kendrick was among the stars to take to the red carpet on Thursday at the 12th annual Costume Designers Guild Awards.

Pirates release hijacked Greek vessel

A Greek owned vessel that was hijacked months ago was released Sunday, naval officials said.

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