| Aug 29, 2013
| 11:05 AM
This chart from the Federal Deposit Insurance Corp.'s latest report on the banking industry paints a picture worth more than a few thousand words about the recovery from the financial crisis.
Outright bank failures peaked in 2009, when 140 banks...
| Jul 23, 2013
| 4:30 AM
In a bombed-out section of a futuristic downtown Los Angeles, a man sits on a tire next to an overturned car, staring at a computer-controlled screen fastened to his wrist, oblivious to the machine gun fire and bomb blasts around him.
The camera pans...
| Jul 22, 2013
| 7:40 AM
The Detroit Institute of Arts is back in the national spotlight after city leaders said Thursday that the city had filed for bankruptcy. At the heart of the museum-world debate is whether the city should sell valuable works of art in the DIA's...
| Jul 19, 2013
| 4:53 PM
Detroit’s historic bankruptcy filing was thrown into turmoil Friday afternoon, sparking a court battle between a judge and the state’s attorney general a day after the city’s state-appointed emergency manager filed for Chapter 9...
| Jul 25, 2013
| 12:30 PM
Parents, get ready for more nautical nonsense. Viacom Inc.'s Nickelodeon has made a deal with Activision Blizzard Inc.'s publishing arm to develop and publish video games based on the network's cartoon "SpongeBob SquarePants."
| Jul 18, 2013
| 10:34 AM
Cost-cutting measures taken during bankruptcy and lower fuel prices helped the parent company of American Airlines post $220 million in profits for the three-month period that ended in June.
The positive financial report released Thursday marks the best...
| Aug 16, 2013
| 3:30 PM
A slew of nonsurgical body contouring treatments promising to zap inches on your lunch hour has taken off recently, ushering a flood of new patients — many of them men — into doctors' offices.
However not all of these treatments, touted on...
| Jul 17, 2013
| 12:28 PM
The cash-strapped city of Harrisburg, Pa., is selling off thousands of historic artifacts to raise money to pay off more than $300 million in debt.
The Wild West auction includes about 8,000 items that would make any history buff salivate. Objects up...
| Jul 16, 2013
| 3:03 PM
It looks like Rhythm & Hues is still downsizing.
The El Segundo visual effects company, which filed for Chapter 11 bankruptcy in February, is auctioning off assets, including computers, furniture and film equipment.
Bidding will conclude July 24...
| Aug 22, 2013
| 11:43 AM
Although the California hotel recovery is in full bloom with rising room rates and occupancy, signs of the bad old days during the last economic downturn were still in evidence as a report showed that one of the state’s largest hotel sales of the...
| Aug 14, 2013
| 6:11 PM
A day after the U.S. Department of Justice sued to block the mega-merger of American Airlines and US Airways, attorneys for the carriers called the legal challenge weak and said they are looking forward to battling the government in court.