| Oct 24, 2013
| 9:36 AM
Dozens of people have called on the Federal Trade Commission to investigate multilevel marketing, a controversial industry that includes companies such as Herbalife Ltd., Amway, Avon and others.
In a letter delivered to the FTC's Washington offices...
| Nov 13, 2013
| 11:55 AM
A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street.
The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett,...
| Jan 2, 2014
| 12:36 PM
Shares of Herbalife Ltd. were gaining Thursday after an analyst named the Los Angeles nutritional product company's stock a top pick for 2014.
Tim Ramey, an analyst with D.A. Davidson & Co., has been bullish on the company for more than a year, even...
| Oct 22, 2013
| 4:32 PM
Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service.
Icahn said he decided it was time to cash out, after the rapid appreciation of the...
| Oct 23, 2013
| 12:40 PM
The Directors Guild of America and the group representing the major Hollywood studios have agreed to begin contract negotiations next month, nearly seven months before the expiration of the current agreement.
The DGA and the Alliance of Motion Picture...
| Oct 23, 2013
| 12:10 PM
In a bid to spur digital movie purchases, Sony Pictures has struck a deal with Wal-Mart's Vudu video streaming service to add video sharing and other features to new releases including "This Is the End" and "After Earth" as well as forthcoming titles such...
| Nov 14, 2013
| 12:55 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., on Thursday reported third-quarter net income of $16.6 million, buoyed by the strong performance of "Skyfall" and “The Hobbit: An Unexpected Journey" on home entertainment platforms.
| Nov 5, 2013
| 11:30 AM
How to explain this paradox?
Starting Nov. 1, more than 47 million Americans lost some or all of their food stamp benefits. House Republicans are pushing for further cuts. If the sequester isn't stopped, everything else poor and working-class Americans...
| 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...
| Oct 29, 2013
| 10:30 AM
When Jennifer Lawrence landed the role of Katniss Everdeen in the first "The Hunger Games" two years ago, neither she nor the film's producer, Nina Jacobson, nor financial backer Lionsgate could imagine the magnitude of what would transpire for all of...
| Oct 31, 2013
| 9:40 AM
The founder of Newport Beach-based Pacific Investment Co. (PIMCO) and his wife have pledged to give their fortune to charity before they die, according to published reports.
Bill and Sue Gross, who have an estimated wealth of $2 billion, plan to...