| Aug 9, 2013
| 9:01 AM
Activist investor Bill Ackman and the board of J.C. Penney Co. are disagreeing -- very publicly -- about who should head the struggling retailer.
Ackman and the department store chain exchanged a volley of letters and statements this week, squabbling...
| Aug 13, 2013
| 6:50 PM
Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman.
The department store chain...
| Aug 14, 2013
| 10:05 AM
Steinway Musical Instruments -- the venerable maker of pianos and other classical-music instruments -- is celebrating its 160th anniversary this year and has given itself the gift of a new owner. The company has agreed to be acquired for approximately...
| Sep 26, 2013
| 5:51 PM
Provisions of California's landmark Proposition 13 property tax measure are stoking ire again as reform activists say a high-profile commercial property deal is being structured to avoid tax increases by taking advantage of a loophole.
A group of unions...
| Aug 25, 2013
| 9:00 PM
In the 1980s, student protests against apartheid led universities to sell off stocks in companies doing business in South Africa. More recently, concerns about genocide in Darfur, the health effects of tobacco and handgun violence led to more college...
| Aug 16, 2013
| 6:50 PM
Dear Liz: If I plan to stay invested for more than 15 years and I can tolerate the ups and downs of the market, why would I want to put any of my 401(k) money into bonds instead of putting it all in various stock funds? The bond funds in my 401(k) have...
| Aug 19, 2013
| 3:44 PM
NEW YORK -- A major Wall Street figure did something unusual in a settlement with the country's top securities regulator: admit he did something wrong.
Philip Falcone, a billionaire who runs the hedge fund Harbinger Capital Partners, must admit...
| Sep 10, 2013
| 6:12 PM
NEW YORK — The stock market's all-star team has some new players.
Leaving the Dow Jones industrial average is aluminum giant Alcoa Inc., computer-maker Hewlett-Packard Co. and financial behemoth Bank of America Corp. Joining the index of 30 blue-...
| Sep 15, 2013
| 8:23 PM
A handful of maids and janitors line up most weeks outside the gleaming Embassy Suites in Irvine to urge visitors to boycott the hotel.
But the workers aren't just protesting management — they are also targeting their union brothers and sisters....
| 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....
| Jul 12, 2013
| 10:57 AM
The stock market has returned to normal. Share prices are back at record highs -- and small investors are selling.
After pouring into U.S. stock mutual funds early in the year, individuals have been net sellers in four of the last five months, according...