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Ringed by the posh shops of Beverly Center, Tim Ratliff said no — he didn't have a credit card. He didn't need one. "I just hear so many horror stories about people being in debt," said Ratliff, 21, who studies psychology at Ohio State University....
The stock market stalled Friday after the U.S. economy didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. The economy grew at a 2.5 percent annual rate in the first three months of the year, the...
Burger King Worldwide Inc., one of the country’s largest hamburger chains, said its net income tanked 83% in its third quarter, the first time the brand has reported earnings since returning to public trading. The fast food company was one of...
Most engaged couples plan to foot the entire bill for their wedding without getting help from their parents, and nearly half plan to spend less than $10,000 on the big day. So says a new report from TD Ameritrade Holding Corp., which also found that most...
Tatiana de Los Reyes da Silva grew up in Brazil and Anthony Loyola Masterson was raised in the northeastern U.S. But they’re quite the opposite of their respective national stereotypes. De Los Reyes embodies all-American drive, while Masterson...
Tags: Entertainment, Purim, Dance
L.A. NOWThe former principal of a San Fernando Valley charter school allegedly misappropriated $1.6 million, according to an audit released Monday by the inspector generalâs office of the Los Angeles Unified School District. Auditors also have questioned more...
Money & CompanyAll U.S. taxpayers -- from the richest to the poorest -- helped rescue General Motors Co. when the federal government bailed out the troubled automaker last year. But while many wealthy individual investors stand to profit from the companyâs highly........
L.A. NOWA former charter school principal has pleaded guilty to a charge of embezzlement, the Los Angeles County district attorney's office said Wednesday....
Money & CompanyThe Securities and Exchange Commission, forever criticized for being too slow to ferret out Wall Street crime, reacted with lightning speed this week to signs of insider trading ahead of a big merger deal. The agency today charged a Texas......
L.A. Times Olympics BlogUSA Swimming Chief Executive Chuck Wielgus and former U.S. Olympic Committee Acting Chief Executive Scott Blackmun are the two remaining candidates for the USOCâs CEO position, according to sources. The USOC board of directors will choose the new CEO...
Morning Money Links: New Geithner/AIG revelations; hopes rise for turn in jobs; discount broker price war?Money & Company--- Geithner's credibility deficit: Bloomberg News gets a hold of emails showing that the Federal Reserve Bank of New York, under now-Treasury Secretary Timothy Geithner, told American International Group in the fall of 2008 to withhold details from the...
Times Staff WriterTimes sure have changed. When Donna Takeda started working on Wall Street in the early 1970s, the pinnacle of technology was the Dow Jones news wire, which tapped out one-line notes about per-share profits and losses when companies released their...
May 18, 2013 |Story| Los Angeles Times
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