Macy's reports $35-million loss, calls it 'excellent'

Macy's Inc. posted another quarterly loss Wednesday as consumers continued to scrimp on purchases, but the department store chain said the results...

The sad illusion of happy customers

Customer satisfaction has become such a scarce commodity in the business world, it's now a selling point at a time when companies are increasingly...

California forced to pay 4% yield in bond sale

California stumbled badly in its latest venture into the municipal bond market -- a sign that investors are overloaded with the state's debt.

Sen. Christopher Dodd proposes single watchdog for banks

The influential chairman of the Senate Banking Committee, often criticized for being too cozy with Wall Street, unveiled a sweeping new plan Tuesday...

Former Bear Stearns hedge fund managers acquitted of securities fraud

The speedy acquittal of two former Wall Street fund managers in the only major criminal case to emerge from the mortgage meltdown and financial crisis...

Existing-home prices slide in most metropolitan areas

Prices of existing homes fell in 80% of the nation's metropolitan markets in the third quarter as distressed sales -- foreclosures and short sales --...

Two builders are getting back into housing business

Two prominent Southern California residential builders plan to jump back into the housing business by making loans for land acquisition and home...

Studios' top negotiator is all ears

Carol Lombardini may have the least glamorous job in Hollywood. As the chief negotiator for the major studios, she must find consensus among a group...

Most Wal-Mart stores to stay open overnight on Thanksgiving

Wal-Mart Stores Inc. will keep most of its U.S. locations open overnight on Thanksgiving to ease the crowding that led to the trampling death of a...

VG Racing's growth is thrown off-track

Bashing pint-size radio-controlled monster trucks around bumpy dirt tracks has always been a blast for Dan Dunst, who opened a hobby shop specializing...

Chia Obama's hairy question: Is it racist scorn or sincere tribute?

The scene: A vast crowd at a political rally raises a tumult of adulation. Triumphal music rises. Graphics of President Obama's image slide across the...

Google to buy AdMob in bid to reach mobile users

Google Inc. took another major step in its quest to ensure that wherever consumers go -- whether to their laptops to search sports scores or videos or...

A jury is unlikely to give former KB Home CEO Bruce Karatz a fair shake, a poll finds

Can a former chief executive -- especially one who made $232 million running a home-building company in the three years before the industry melted...

Electronic Arts to slash 1,500 jobs and buy Playfish

Hammered by a steep drop in the sale of traditional packaged video games, Electronic Arts Inc. on Monday said it would cut 1,500 jobs, more than 16%...

Sonova Holding reaches deal to buy Advanced Bionics

Swiss hearing aid company Sonova Holding is buying Valencia-based Advanced Bionics Corp., which makes surgical cochlear implants, for $489 million.

Poizner rejects proposal for workers' comp insurance rate hike

For the second time in a year, the California insurance commissioner has rejected an industry rating group's proposal that he recommend that insurers...

TV series help propel Lions Gate to profit

Solid gains in its television production business, new revenue from its recently acquired TV Guide Network and lower movie marketing costs helped...

Airlines, hotels face bleak holidays

Despite airfares and hotel rates that are among the lowest in over a decade, more recession-battered travelers will forgo the airports, hit the...