| Jul 22, 2014
| 6:35 PM
Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California.
| Jul 22, 2014
| 5:34 PM
The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses.
An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a...
| Jul 31, 2014
| 4:30 PM
Stereo D, a Burbank visual effects company, plans to move a significant portion of its workforce north of the border.
The company, which specializes in the conversion of movies to a 3-D format, told employees this morning that the studio is planning...
| Jul 29, 2014
| 7:44 PM
The U.S. Consumer Product Safety Commission (CPSC) and Best Buy are warning consumers that 10 different recalled products continued to be sold or were resold by Best Buy, Magnolia stores and liquidators Best Buy Private Auction, CowBoom and...
| Jul 16, 2014
| 6:30 AM
In the year since this city filed for bankruptcy, becoming the largest municipality ever to do so, leaders have adopted a more optimistic tone about the future, pledging to fix streetlights and attract new residents and jobs.
But Eric Byrd isn't...
| Jul 30, 2014
| 5:05 AM
Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C., and even make donations to political action committees, states are beginning to explore...
| Jul 14, 2014
| 5:56 PM
Maryland lawmakers and child advocates called Monday for an investigation into regulators' oversight of a troubled group home operator, asking why the state continued to give the company millions in taxpayer dollars despite long-standing financial and...
| Jul 9, 2014
| 10:37 AM
An innovative sewage-processing company in Sanford has closed its doors suddenly and filed for bankruptcy, leaving the cities of Sanford, Ocoee and Winter Springs to find new disposal methods.
Since 2009, Maxwest Environmental Systems had been...
| Jul 12, 2014
| 8:53 PM
The recent death of a 10-year-old disabled foster child at an Anne Arundel County group home was just the latest in a series of problems at LifeLine, the state contractor that has been paid millions in taxpayer funds to care for "medically fragile"...
| Jul 15, 2014
| 7:56 PM
Maryland's Board of Public Works, a panel that includes the governor and other top state officials, did little to scrutinize millions in contracts it awarded in recent years to the financially strapped operator of a group home where a 10-year-old boy died...
| Jun 20, 2014
| 11:15 AM
Downtown Burbank restaurant Elephant Bar quickly and quietly went out of business recently, along with more than a dozen other locations, as its parent company filed for Chapter 11 bankruptcy protection.
The restaurant was in business at First Street and...