Stocks in the News: Apple, AIG, Time Warner Cable

The following is a round-up of news likely to affect stock prices today

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American International Group Inc. (AIG) said Vice Chairman and General Counsel Anastasia Kelly has resigned, effective Dec. 30. Suzanne Folsom, chief compliance and regulatory officer, has also left. AIG said Kelly, who is stepping down after a dispute over government-imposed pay limits, will collect about $3.8 million in severance, Bloomberg reported.