Bermuda | featured news

Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda. In April, the executives sent the money to a reinsurance company that they’d set up on the island 650 miles off the North Carolina coast. By June, the Bermuda company, which has no employees and sells far less reinsurance than the industry norm, had sent all the cash back to New York, to be invested in Paulson & Co. funds.

A US Airways flight to Bermuda has been grounded before takeoff from Philadelphia International Airport over a security problem. Passengers were removed from US Airways Flight 1070 on Thursday morning and the plane was towed to a remote location to be searched.

Tourists lined up at Bermuda's airport hoping to board one of the last flights off the island and locals stocked up on emergency supplies Saturday ...

A tropical storm warning was issued for the Massachusetts coast Saturday as waves from Hurricane Bill pounded Bermuda and people ...