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JPMorgan Chase's huge loss exposes the risky side of banks
The nation's biggest banks like to tout their low-cost checking accounts, extensive ATM networks and loans to home buyers and Main Street merchants.
"Investing in the places we all call home," a recent JPMorgan Chase television ad intoned. "This is the...Tags: Petroleum Industry, Federal Deposit Insurance Corporation, Federal Reserve, Loans, Citigroup Incorporated
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Colleges' bank deals saddle students with big debit-card fees
As many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to get to their financial aid money, according to a report released Wednesday by a public interest group.
Colleges and banks rake in millions...Tags: Students, Consumers, Companies and Corporations, Teaching and Learning, Financial Aid
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Pot shop ban advances in L.A. City Council
A City Council committee moved forward with a ban on medical marijuana dispensaries Tuesday, approving a recommendation to outlaw storefront pot shops in Los Angeles while allowing small groups of patients and their primary caregivers to grow the drug...
Tags: Lotteries, Health, Bill Rosendahl, Lifestyle and Leisure, Jose Huizar
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West Hollywood to defend councilman if he is charged over expenses
The West Hollywood City Council voted in closed session to provide the defense for Councilman John Duran — whose charges on a city-issued credit card have been the focus of an investigation by Los Angeles County prosecutors — should charges be...Tags: Prosecution, Kamala D. Harris, Steve Cooley, Crime, Law and Justice, Justice System
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Las Vegas housing market improves in April
A new report shows Las Vegas metro area prices rose year-over-year in April for the first time since June 2010. The median home price for the region was up 2.5% from April 2011 and 4.3% from the prior month to hit $119,000, according to research firm...
Tags: Financial and Business Services, Homes
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State Senate OKs moratorium on university executive pay raises
PolitiCalSenate favors moratorium on university executive pay hikes... -
Obama urges Congress to extend clean-energy tax credits
NEWTON, Iowa — From a wind-power factory in this battleground state, President Obama urged Congress to extend tax credits he said would save jobs in the field of clean-energy production.
Obama said continuing the production tax credit would save...Tags: Renewable Energy, Americans for Prosperity, Alternative Energy, Solar Energy, Environmental Issues
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Obama steps up call for clean energy tax credits
SAN JOSE — After a morning of closed-door campaigning here Thursday, President Obama plans to talk about tax credits for clean energy production during a visit to Iowa. As he focuses on his administration’s efforts to boost job creation,...
Tags: Tax Credits, Republican Party, Elections, Business, U.S. Senate
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London: Six tips for staying sane, saving money, staying in touch
Los Angeles Times Travel editorIt’s going to be an incredibly busy summer for London, starting with the Queen’s Diamond Jubilee June 2-5, followed by World Pride Week in June, the Olympics in July and August and the Paralympics in August and September. I just returned from...Tags: British Airways Plc, Skype, Paralympic Games, Trips and Vacations, Computer Networking and Internet
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Consumer bureau moves to regulate reloadable prepaid cards
WASHINGTON — The consumer financial watchdog is taking aim at reloadable prepaid cards, moving to regulate a fast-growing product that has become a popular alternative to checking accounts for lower-income Americans and a new source of fees for some...Tags: Richard Cordray, Durham (Durham, North Carolina), Consumers, Banking, Unemployment Benefits
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Ford credit rating upgrade wins back iconic oval logo pledged away
Moody's Investors Service raised the credit rating for Ford Motor Co. to an investment grade Tuesday, giving its seal of approval to a corporate turnaround of the business that started with heavy borrowing at the end of 2006. The move returns control...
Tags: Vehicles, Credit Ratings, Bankruptcy, Finance, Economy, Business and Finance
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Ford credit rating upgrade wins it control of famous oval logo
Moody's Investors Service raised the credit rating of Ford Motor Co. to an investment grade, giving its seal of approval to a corporate turnaround of the business that started with heavy borrowing at the end of 2006.
The move Tuesday returns control of...Tags: Vehicles, Credit Ratings, Bankruptcy, Finance, Economy, Business and Finance
May 31, 2012
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May 30, 2012
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May 30, 2012
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May 26, 2012
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May 25, 2012
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May 21, 2012
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May 25, 2012
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May 24, 2012
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May 25, 2012
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May 23, 2012
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May 22, 2012
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May 23, 2012
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