| Aug 16, 2013
| 5:06 PM
SACRAMENTO — A Canadian power company will pay California electricity ratepayers $750 million to settle allegations that it bought electricity from the state and then sold it back at a huge markup during the energy crisis of 2000 and 2001.
| Jul 30, 2013
| 8:46 PM
If you take our federal and state energy authorities at their word, you just might be convinced that the $410-million penalty dropped Tuesday on JPMorgan Chase for manipulating energy markets in California and the Midwest is a big deal.
| Jul 9, 2013
| 10:02 AM
WASHINGTON -- The nation's eight largest banks would have to meet tougher leverage limits than required under international standards as part of new rules proposed Tuesday by federal regulators designed to protect taxpayers from another financial crisis....
| Aug 20, 2013
| 6:49 AM
WASHINGTON -- The nation's largest banks are trying to scare the public about the impact of tougher capital requirements proposed by U.S. regulators, a top Federal Deposit Insurance Corp. official said Tuesday.
Requiring the eight largest banks to...
| Oct 10, 2013
| 6:13 PM
The stock market staged its best rally of the year as lawmakers inched toward a deal that would temporarily stave off a government debt default.
The Dow Jones industrial average surged 323.09 points after congressional Republicans proposed increasing...
| Sep 19, 2013
| 12:07 PM
WASHINGTON -- JPMorgan Chase & Co. has agreed to pay $389 million in refunds and penalties for illegally charging credit card customers for identity theft protection and other add-on services they didn't receive or authorize, federal regulators said...
| Oct 11, 2013
| 4:42 PM
NEW YORK — The financial crisis has finally caught up with Jamie Dimon.
As leader of JPMorgan Chase & Co., he steered the nation's largest bank through the Wall Street collapse of 2008. At the prodding of panicked U.S. regulators, the mighty New...
| Oct 11, 2013
| 4:45 PM
It might seem like a paid vacation for the 500,000 federal workers on furlough.
They've been out of work since last week and were promised back pay once a budget is passed and the government reopens.
But for many rank-and-file employees who live...
| Sep 27, 2013
| 7:14 PM
Tribune Co., parent of the Los Angeles Times, is examining its operations in an effort that is likely to result in staff reductions at the company's daily newspapers.
The company acknowledged a cost-cutting review is underway after Chicago business...
| Oct 15, 2013
| 7:47 PM
SAN FRANCISCO — Twitter Inc. is moving full speed ahead with its initial public offering even as the world braces for the possibility of a U.S. debt default that would roil financial markets and hurt the stock's debut.
The micro-blogging service...
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...