One of the three trustees who oversees U.S. taxpayers' nearly 80% stake in AIG recently said he wanted to quit his post, but was persuaded to stay on. Separately, the government is seeking possible candidates to add to the insurer's board.
Richard Anderson, chief executive at Delta Air Lines, said the SkyTeam alliance of global carriers would be willing to invest more than $1.02 billion into ailing Japan Airlines as it tries to cement a trans-Pacific partnership.
Ohio's attorney general filed suit against ratings agencies Standard Poor's, Moody's and Fitch, alleging they provided misleading ratings in exchange for money.
BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO.
India and the U.S. are pushing to tie up details of a nuclear-energy cooperation agreement approved by their legislatures last year, ahead of Prime Minister Singh's visit to the White House.
Valero Energy said it plans to close its Delaware refinery after failing to find a buyer for the facility at a time when refiners are contending with weak demand.
The IPOs of U.S. online education company Archipelago Learning and Chinese hotel chain 7 Days Group attracted investors, while coal miner Cloud Peak and defense-technology firm Global Defense Technology & Systems didn't.
J.P. Morgan Chase agreed to drop arbitration clauses from its credit-card agreements as it reached a tentative settlement of a lawsuit over cardholder disputes.
P&G said it is open to deal making, but emphasized that acquisitions aren't a core part of its strategy and that it doesn't pursue hostile acquisitions.
A federal jury ruled for the defendants in Fair Isaac's lawsuit accusing credit-scoring firm VantageScore and credit-reporting agencies Experian and TransUnion of trademark infringement and unfair competition.
Home builder D.R. Horton posted a narrower loss amid year-earlier write-downs. Orders jumped 26%, but the company signaled caution on the strength of the industry.
The German auto maker said its supervisory board cleared the way for the planned integration of Porsche by approving contracts determining details of the complex tie-up.
John Paulson, who scored about $20 billion of profits wagering against the housing market and financial companies, is launching a fund dedicated to bullion-related investments.