| 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...
| Jul 23, 2013
| 6:29 PM
So much for the new, "tougher" Federal Energy Regulatory Commission.
FERC, as the agency is known, is in the process of negotiating a settlement with JPMorgan Chase & Co., the huge New York bank that has been accused of serial frauds against...
| Jul 26, 2013
| 9:37 AM
Zynga Inc. is kicking the gambling habit.
The social gaming company had been trying to get into the online betting business as revenue from Facebook games weakens, but on Thursday Zynga said during its second-quarter earnings report that it would not...
| Jul 5, 2013
| 9:16 PM
The gig: Dominic Ng, 54, is chairman and chief executive of Pasadena's East West Bank, formerly a savings and loan association based in L.A.'s Chinatown that he built into the nation's largest Chinese American bank, with $23 billion in assets. The bank...
| Jul 2, 2013
| 8:14 AM
WASHINGTON -- The Federal Reserve on Tuesday adopted tougher requirements for banks -- part of an international agreement designed to prevent another financial crisis -- and opened the door to even stricter rules for the nation's biggest institutions....
| Jun 28, 2013
| 6:00 AM
LAS VEGAS — Liberace’s old off-Strip mansion is up for sale for a veritable song, but is the property fabulous or a decrepit fixer-upper?
Built in 1962, the once-lavish 14,939-square-foot spread sits on a half-acre lot near the University of...
| Jun 18, 2013
| 9:17 PM
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over.
After three decades in which borrowing costs for Americans have pretty...
| Jun 20, 2013
| 6:09 PM
NEW YORK — This year's dizzying stock market rally was halted with the biggest one-day plunge of the year.
The Dow Jones industrial average slumped almost 354 points Thursday amid fears that the economy will slow now that the Federal Reserve has...