| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Oct 10, 2013
| 4:29 PM
Corinthian Colleges again stands accused of being one of the crummiest operators in a crummy industry -- the for-profit college game.
The finger-pointing this time comes from California Atty. Gen. Kamala Harris, who sued Santa Ana-based Corinthian on...
| 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...
| Oct 24, 2013
| 6:24 PM
Jamie Dimon, arguably the nation's most powerful banker, has navigated intense scrutiny from Congress, the White House and regulators around the globe.
But it's a federal prosecutor in Sacramento, far from the world's financial and political capitals,...
| Oct 16, 2013
| 4:54 PM
Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes.
For the third straight month, the median home price across the Southland stayed essentially flat, at $382,000. The September...
| Oct 17, 2013
| 11:52 AM
Home prices and sales fell last month in the Bay Area as the tech-rich region mirrored a cooling trend elsewhere within the state.
The median home price in the nine-county region fell 1.9% from August to $530,000, while sales dropped 17.1% -- a...
| Oct 18, 2013
There's a phrase that has haunted America for decades, one fraught with failure: "Breaking the cycle of poverty." Despite the ongoing efforts of government and a host of private foundations, income inequality continues to grow and the poor are ever more...
| Oct 16, 2013
| 5:59 PM
Add another potential casualty of Washington's gridlock: the holiday shopping season.
The congressional stalemate that brought about a partial government shutdown has rattled Americans already spooked by years of economic weakness. And the uncertainty...
| Jul 11, 2013
| 1:27 PM
The stock market is back at new highs thanks to comforting words from Federal Reserve chief Ben S. Bernanke.
The Dow Jones industrial average and the Standard & Poor’s 500 index both surged into new high ground Thursday as investors celebrated the...
| Aug 31, 2013
The stock market finished its worst month in more than a year, with the specter of military action in Syria and reduced stimulus from the Federal Reserve weighing on share prices.
The Dow Jones industrial average and other major indexes suffered their...