| May 22, 2013
| 1:46 PM
Upstart electric car maker Tesla Motors on Wednesday paid off a Department Energy loan that had become a political hot potato.
Tesla owed the federal government $451.8 million on a loan that was part of a special program to develop alternative fuel...
| May 17, 2013
| 10:25 AM
Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes.
It is an impressive performance that will help the...
| May 17, 2013
| 5:45 PM
No one ever said the economic recovery would be pretty.
California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000. The state's unemployment rate dropped to 9% from 9.4% the month...
| Apr 29, 2013
| 11:51 AM
WASHINGTON -- Goldman Sachs and Morgan Stanley will begin sending $247 million in payments on Friday to nearly a quarter-million people under a settlement of foreclosure-abuse allegations with regulators, the Federal Reserve said.
The two Wall Street...
| Apr 29, 2013
| 5:50 PM
Providing legal status to the country's estimated 11 million illegal immigrants would boost the U.S. economy and eradicate underground economies in cities such as Los Angeles, a panel of researchers, elected officials and a business tycoon said Monday. ...
| Apr 6, 2012
| 11:14 AM
Compensation for chief executives at AIG, Ally Financial and GM -- all of which received exceptional TARP assistance during the financial meltdown -- is being frozen at last year's levels, the Treasury Department said.
The ruling from Patricia Geoghegan,...
| Oct 10, 2012
The world's oldest living cheerleader knows he can not only inspire, but irritate. He knows his corny chants can grate on every man, woman and child. He knows there are folks who wish he would just sit down and shut up.
But until recently, he never quite...
| May 23, 2012
| 11:49 AM
Chipotle Mexican Grill Inc. continues to get heat for its hiring practices, with the Securities and Exchange Commission and now federal prosecutors looking into the company.
Earlier this week, the U.S. attorney for the District of Columbia told the...
| May 29, 2012
| 9:29 AM
Wall Street returned from Memorial Day weekend without any more love for Facebook Inc., sending the newly public company’s stock down nearly 8% to a new post-IPO low.
The social networking company was trading down 7.9% at $29.40 midday Tuesday in...
| Jul 17, 2012
Richard B. Scudder
Co-founder of MediaNews Group
Richard B. Scudder, 99, co-founder and former chairman of MediaNews Group Inc., the nation's second-largest newspaper company, who also helped invent a process allowing newsprint to be recycled, died...
| Apr 19, 2012
| 8:18 AM
Income at both Bank of America Corp. and Morgan Stanley took a tumble in the first quarter, but excluding one-time accounting charges, both banks’ earnings managed to beat analyst expectations.
Both stocks are now trading up. Bank of America roared...