Search results
Results From The WOW.Com Content Network
Having started with mail order sales, Sears, Roebuck and Co. expanded to retail operations in 1925; by 1929 it was the third-largest retailer in the country, and it continued growing through the subsequent Great Depression. [1] Sears opened its first retail store in New York City in the Crown Heights neighborhood of
AIG owned Stowe Mountain Resort until February 2017. At the time of ownership, it was AIG's only ski business. AIG's connection to Stowe started when C.V. Starr, the company's founder, invested in the resort in 1946. A $300m, 10 year expansion was started in 2005. [16]
The Treasury said that it and the Federal Reserve Bank of New York provided a total $182.3 billion to AIG, which paid back a total $205 billion, for a total positive return, or profit, to the government of $22.7 billion. In addition, AIG sold off a number of its own assets to raise money to pay back the government.
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [6] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [7]
[2] [3] [4] Win Neuger who joined AIG in 1995 to lead and grow the division, was the CEO of AIG Investments as well CIO of AIG. [ 5 ] [ 6 ] [ 7 ] In 2004, AIG Investments set up a joint venture with Huatai Securities forming AIG-Huatai Fund Management (now known as Huatai-PineBridge Fund Management).
First operational on August 28, 1965, the Foster Grandparents program enables seniors to interact with and support young children, thus acting as foster grandparents.Open to seniors 55 and over, the program's goal is to provide "grandparents" who will give emotional support to victims of abuse and tutor, mentor, and care for children with disabilities.
In May 2006, New York-based AIG acquired Travel Guard. In July 2009, the company moved to its new home in a business park located off I-39 in Stevens Point. AIG subsidiary, National Union Fire Insurance Company, underwrites Travel Guard policies. In 2012, it became the product range name for all travel-related products and services of AIG.
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois.It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7]