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BofA, JPMorgan say they have fulfilled mortgage settlement terms
Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...
Tags: JPMorgan Chase & Co., Banking, Finance, Bank of America Corp., Consumers
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Home Depot boosts profit, sales as housing market improves
Spring was waiting in the wings longer than expected, but the recuperating housing market was enough to boost Home Depot Inc.’s first-quarter earnings above Wall Street’s expectations. For the period ended May 5, the largest home-improvement...
Tags: Land Price, Quarterly or Semiannual Financial Statements, Earnings Forecasts, The Home Depot, Companies and Corporations
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United Talent Agency shoots for the stars with new screening room
The numbers on United Talent Agency's new 130,000-square-foot Beverly Hills digs are notable. The Civic Center Drive property includes a 158-piece art collection, 11 conference rooms and a private plaza that can accommodate as many as 500 people....
Tags: Rentals, Cirque du Soleil, Entertainment, Gwyneth Paltrow, Artists
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Seamless, GrubHub to merge online takeout ordering services
That deep dish pizza or juicy burger from the restaurant you’re just too busy (or lazy) to drive to yourself could be within reach, as major online takeout ordering services Seamless North America and GrubHub Inc. move to combine into a single...
Tags: Pizzas, Companies and Corporations, Dining and Drinking, Lifestyle and Leisure, Corporate Officers
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Report: Apple avoided billions in U.S. taxes on foreign income
This post has been corrected. See the note at the bottom for details WASHINGTON -- Apple Inc. has used an elaborate web of offshore subsidiaries to avoid paying billions of dollars in U.S. taxes on $44 billion in foreign income over the past four years,...
Tags: Personal Income, Republic of Ireland, Earnings, Companies and Corporations, White House
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Baby boomers should be checking, tweaking investments once a year
Baby boomers should be reviewing their retirement portfolios once a year and tweaking or re-balancing them, if necessary, says Delia Fernandez, a fee-only certified financial planner. Fernandez is the founder of Fernandez Financial Advisory in Los...
Tags: Finance, Financial Planning, Stock Market, Heart Attack
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Five things at stake for Apple at Senate tax hearing
Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand. And now it has a new foe attempting to...
Tags: Republic of Ireland, U.S. Congress, Tim Cook, Companies and Corporations, Corporate Officers
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Media Industry, Rentals, Online Advertising, AMC (tv network), Social Media
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Apple tries not to stand out in the tax-avoidance crowd
Apple found itself in the uncomfortable position Monday of being labeled a corporate bad guy, drawing fire from senior senators in both parties for using subsidiaries in Ireland to reduce its tax bill. But if Apple has its way, its bitter rival Google...
Tags: Republic of Ireland, U.S. Congress, Earnings, Patents, Copyrights and Trademarks, Companies and Corporations
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Apple skirts U.S. taxes, panel finds
WASHINGTON — Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate subcommittee. Should...
Tags: Republic of Ireland, Personal Income, Earnings, Companies and Corporations, Apple Inc.
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What's in millennials' wallets? Fewer credit cards
Ringed by the posh shops of Beverly Center, Tim Ratliff said no — he didn't have a credit card. He didn't need one. "I just hear so many horror stories about people being in debt," said Ratliff, 21, who studies psychology at Ohio State University....
Tags: Passenger Cars, Education, Finance, Consumers, Credit and Debt
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Analyst disputes Brown's budget outlook as too glum
SACRAMENTO — California's financial picture is much brighter than Gov. Jerry Brown suggested in his latest spending plan, according to the Legislature's top budget advisor, who said the state will have $3.2 billion more at its disposal than the...
Tags: Government, Jerry Brown, Finance, Regional Authority, Crime, Law and Justice
May 22, 2013
|Story| Los Angeles Times
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|Story| Los Angeles Times
