| Sep 26, 2013
| 5:01 PM
Holders of Chase bank's popular Sapphire credit card may be wondering why they'll soon be on their own when it comes to keeping fraudsters at bay.
"Please note that ID Theft Coverage will be canceled," Chase has notified Sapphire cardholders. "All...
| Sep 25, 2013
| 6:56 PM
Two vacant warehouses in downtown Los Angeles' growing arts district are being demolished to make way for a 320-unit apartment complex above stores and restaurants.
The project by Lowe Enterprises will include two five-story buildings flanking Garey...
| Sep 23, 2013
| 7:41 PM
Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust.
The stock sale would not be a normal initial public offering, in which a...
| Sep 20, 2013
Five years ago, this week, the world of finance and economics changed forever.
At least that's the story.
It started with a sad milestone in Wall Street history: the fall of the House of Lehman.
Between Sept. 13 and Sept. 20, 2008, Lehman Bros., the...
| 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...
| Sep 19, 2013
| 8:02 AM
The Federal Reserve’s decision to continue a stimulus program unabated should put more downward pressure on mortgage rates, which had fallen sharply this week even before the central bank announced its decision.
The average rate for a 30-year fixed...
| Sep 18, 2013
| 4:46 PM
A once-notorious intersection at the foot of Laurel Canyon in Hollywood is being targeted for a striking new development with high-rise apartments, street-level shops and an underground grocery store.
At the southwest corner of Sunset Boulevard at...
| Oct 25, 2013
| 6:18 PM
NEW YORK — The widely expected $13-billion settlement between JPMorgan Chase & Co. and the federal government started to take shape with details in a key deal unveiled Friday.
The New York bank agreed to pay $5.1 billion to the regulator...
| Sep 14, 2013
| 7:00 AM
Never let a crisis go to waste, says an old rule of politics.
For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
| Oct 25, 2013
| 1:50 PM
SAN FRANCISCO -- Twitter executives made an appearance Friday on Wall Street as they prepared to kick off a road show to pitch the company’s initial public offering to investors.
As is traditional, Chief Executive Dick Costolo and finance chief...
| 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,...