| Dec 4, 2013
| 9:19 AM
German police have arrested two people suspected of illegally generating Bitcoins worth nearly $1 million.
Bitcoins are an unregulated, virtual currency that is stored in password-protected electronic "wallets" and used to make purchases on the Internet...
| Dec 6, 2013
| 11:37 AM
Despite a downgrade to its credit rating, Australia's national airline said it remains financially strong and continues with "business as usual."
The Qantas Group issued the statement Friday, one day after Standard & Poor's dropped the credit rating for...
| Dec 12, 2013
| 8:19 PM
Orange County's largest toll road network on Thursday sold $2.3 billion in bonds to shore up the finances of several highways that have failed to meet revenue and ridership projections.
The Irvine-based Transportation Corridor Agencies will use the...
| Dec 15, 2013
| 5:00 AM
WASHINGTON — For one of the least productive congressional sessions in modern history, the final word about tax overhaul was entirely in character: Nothing's happening.
But is that good or bad news for homeowners, buyers and small-scale real...
| Oct 29, 2013
| 12:00 PM
Even as share prices hit one new high after another, small investors have only a small portion of their assets in the stock market, according to a new survey.
U.S. investors have just 18% of their investable assets in stocks, according to a global...
| Oct 29, 2013
| 12:32 PM
Is this the end of bargain mortgage rates?
Home lending will fall by a third next year as interest rates rise, a mortgage industry group says in a new forecast.
The Mortgage Bankers Assn. said Tuesday that it expects to see $1.19 trillion in new...
| Nov 1, 2013
| 12:11 PM
Credit ratings agency Moody’s Investors Service Inc. said Friday that it is reviewing Sony Corp.'s credit rating and could downgrade it to junk status.
The news comes one day after Tokyo-based Sony, which reports its earnings in yen but provides...
| Nov 3, 2013
| 5:22 PM
The road to a clean biofuels future is not easily traveled.
Ceres Inc. in Thousand Oaks has some highly regarded science on its side as a producer of genetically modified seeds for crops used to make biofuels.
Under the motto "Growing tomorrow's...
| Nov 5, 2013
| 10:25 AM
Homeownership in the United States remained flat last quarter, staying at its lowest level in nearly two decades and underscoring the dominant role investors have played in the housing recovery.
The nation’s homeownership rate was 65.1% on a...
| Nov 7, 2013
| 2:43 PM
Housing affordability fell last quarter in California, reaching the lowest level since 2008, as the housing recovery locked some buyers out.
Only 32% of potential homebuyers in the third quarter could reasonably afford a median priced single-family...
| Oct 8, 2013
| 7:37 PM
WASHINGTON — President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful...