| Oct 28, 2013
| 7:21 PM
Nutritional products maker Herbalife Ltd. reported a nearly 27% jump in third-quarter profit amid double-digit sales growth in China and Latin America.
The Los Angeles company reported net income of $142 million, or $1.32 a share, for the three months...
| Nov 26, 2013
| 1:37 PM
Hedge fund manager Mark Spitznagel has sold his moat-surrounded house in Bel-Air for $10 million.
He bought the compound from dancer-singer-actress Jennifer Lopez and her then-husband, singer Marc Anthony, in 2009 for $6.2 million, according to public...
| Dec 2, 2013
| 2:01 PM
WASHINGTON -- Tom Steyer, the billionaire hedge fund executive and environmental activist from San Francisco, chose his venue carefully.
“It is here President Obama drew his own personal line in the sand,” Steyer said as he convened a...
| Oct 23, 2013
| 2:22 PM
It looks like former Los Angeles Mayor Antonio Villaraigosa, who we heard was intent on keeping his political options open when he left City Hall this summer -- a run for governor was mentioned -- has instead decided to go for the money.
The question is...
| Nov 21, 2013
| 9:02 PM
Sony Pictures Entertainment, reeling from several box-office disappointments and facing scrutiny from an activist shareholder, said at a Thursday meeting for investors that it would undergo a “significant shift” away from movies and toward the...
| Dec 8, 2013
| 5:00 AM
When Ken Bleifer started collecting wine 50 years ago, he didn't think of it as an investment.
He simply loved wine and, like many connoisseurs, ended up buying much more than he could ever drink. So about 10 years ago, he began selling a portion of the...
| Dec 11, 2013
WASHINGTON — Government regulators approved a sweeping new set of rules for the nation's biggest banks that ban them from the kind of ultra-high-risk trading that nearly collapsed the world's financial system.
Despite a fierce lobbying effort to...
| Dec 10, 2013
| 9:27 PM
WASHINGTON — With his popularity flagging and his healthcare law at risk, President Obama has uncharacteristically reached outside his tightknit core of advisors to bring into the White House a veteran Democratic strategist who helped guide...
| Dec 14, 2013
The stock market closed out its worst week since August, but selling pressure was light and many on Wall Street think share prices could be readying for another advance.
Despite a modest gain Friday, the Dow Jones industrial average slid 265 points,...
| Nov 4, 2013
| 6:04 PM
NEW YORK — Steven A. Cohen faces what could be an end to his career as one of Wall Street's most profitable money men after his hedge fund agreed to plead guilty to charges of criminal insider trading.
SAC Capital Advisors becomes the first...
| Nov 6, 2013
| 5:00 AM
SAN FRANCISCO — Dick Costolo doesn't fit the profile of a typical tech start-up chief executive.
He's not a twentysomething college dropout. He didn't start Twitter Inc. in his dorm room. And he doesn't wear a hoodie.
At 50, with a balding...