| Sep 26, 2013
| 11:10 AM
J.C. Penney publicly defended its trajectory Thursday after watching its stock plunge amid speculation that it needed another financing boost.
In a statement, the retailer said it is “pleased with its progress thus far in the company’s...
| Oct 21, 2013
| 1:37 PM
Cash-strapped consumers finally have some good news to toast -- perhaps with a steaming cup o' joe.
The price of coffee beans hit a four-year low on Monday.
Dry weather has improved growing conditions in Brazil, the world’s largest producer...
| Oct 20, 2013
| 5:00 AM
Goldman Sachs is a sacred order, at least in the minds of some of its staff.
"What Happened to Goldman Sachs" is the second book in 12 months from a former employee that accuses the bank's management of not being sufficiently devout. Steven Mandis,...
| Sep 10, 2013
| 6:12 PM
NEW YORK — The stock market's all-star team has some new players.
Leaving the Dow Jones industrial average is aluminum giant Alcoa Inc., computer-maker Hewlett-Packard Co. and financial behemoth Bank of America Corp. Joining the index of 30 blue-...
| Aug 12, 2013
| 10:11 AM
LONDON -- Prince Johan Friso, the younger brother of recently enthroned King Willem-Alexander of the Netherlands, died Monday as a result of brain injuries suffered during a skiing accident 18 months ago, according to an official statement from the...
| Aug 6, 2013
| 1:08 PM
Financial underwriters who want to do business with the County of Los Angeles must agree not to give political donations to school bond campaigns under new rules adopted this month by government finance officials.
Because Los Angeles County is by far...
| Jul 19, 2013
| 7:32 PM
In April 2004, Rajat Gupta gave a talk at Columbia University. One student asked the former global managing director of McKinsey & Co. for his views on money and wealth creation. "Yeah, I am driven by money.... However much you say that you will...
| Jul 19, 2013
| 6:20 PM
NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving.
Citigroup Inc., Goldman Sachs and Morgan...
| Sep 3, 2013
| 7:10 AM
Three office buildings in Mission Viejo and Newport Beach have sold in two transactions that, combined, industry observers valued at more than $90 million as investor demand for Orange County commercial properties heats up.
The sales to large national...
| Aug 22, 2013
| 6:29 PM
NEW YORK — The Nasdaq Stock Market suffered a distressing three-hour outage that halted trading in some of the nation's leading companies, the latest in a series of embarrassing glitches that have exposed technological weaknesses across Wall Street....
| Aug 19, 2013
| 3:44 PM
NEW YORK -- A major Wall Street figure did something unusual in a settlement with the country's top securities regulator: admit he did something wrong.
Philip Falcone, a billionaire who runs the hedge fund Harbinger Capital Partners, must admit...