ALBANY — New York’s top court on Tuesday heard arguments on whether the state’s new law prohibits people from buying life insurance policies and immediately selling them to investors.

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ROCHESTER — Eastman Kodak Co. said Tuesday it named Antoinette "Ann" P. McCorvey as chief financial officer and senior vice president, effective Nov. 5.

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IBM stock rode a slight market upswing Monday, climbing as high as $139.88. That tops a previous high of $139.19 reached on July 13, 1999.

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IBM said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers.

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WASHINGTON, D.C. — The state of New Jersey has settled federal civil fraud charges of failing to inform bond investors that it had not met obligations to its largest pension plans, federal regulators said Wednesday.

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Chaos in the markets has forced many investors, including solo and small-firm lawyers, to think about their retirement plans.

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