| 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...
| Jul 19, 2013
| 7:17 AM
After the coffee. Before sending a check to Detroit.
The Skinny: Although I consider D.C. home, I was actually born and spent my early youth drinking pop (what you folks call soda) in Detroit and am saddened by Motor City's filing for bankruptcy. At...
| Jul 17, 2013
| 2:57 PM
Megabanks aren't the only financial firms to meet or beat expectations this earnings season.
Many California regional banks are reporting stronger earnings and putting new loans on their books, thanks to the improving economy and progress in dealing...
| Jul 14, 2013
| 3:37 PM
San Francisco-based Wells Fargo & Co. topped the ranks of corporate giving in 2012, climbing ahead of Wal-Mart Stores Inc., according to a new survey of 100 companies released Sunday by the Chronicle of Philanthropy.
Wells Fargo gave away $315.8 million...
| May 29, 2013
| 8:52 AM
Smithfield Foods Inc., the world’s leading pork producer, is being sold to Shuanghui International Holdings, owner of China’s largest meat processing business, for $7.1 billion.
Smithfield shareholders, who along with antitrust regulators...
| May 23, 2013
| 8:57 AM
The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch.
Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...
| Apr 29, 2013
| 11:51 AM
WASHINGTON -- Goldman Sachs and Morgan Stanley will begin sending $247 million in payments on Friday to nearly a quarter-million people under a settlement of foreclosure-abuse allegations with regulators, the Federal Reserve said.
The two Wall Street...
| Apr 29, 2013
| 5:50 PM
Providing legal status to the country's estimated 11 million illegal immigrants would boost the U.S. economy and eradicate underground economies in cities such as Los Angeles, a panel of researchers, elected officials and a business tycoon said Monday. ...
| May 1, 2013
| 12:31 PM
J.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson.
The 30-second video went live on YouTube, Facebook...
| Mar 6, 2013
| 5:00 AM
You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?"
The joke needs...
| Apr 11, 2013
| 9:01 PM
SHANGHAI — Gov. Jerry Brown's trade mission to China this week is intersecting with one of the most controversial issues of his governorship: California's $68-billion bullet train.
The governor has staked part of his legacy on the rail network,...