| Apr 17, 2013
| 1:58 PM
The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
| Apr 18, 2013
| 7:00 AM
Southern California is a hotbed of young and innovative companies, but you wouldn’t know it by following the money.
Venture-capital funding, the lifeblood of start-ups, has fallen sharply in the region so far this year, according to a report...
| May 8, 2013
| 8:14 PM
Details of financial transactions by members of Congress and thousands of high-level federal workers were supposed to be posted online last month for anyone in the world to see — a key step, supporters of the move said, toward greater transparency...
| Apr 24, 2013
| 9:00 AM
Congress passed the Stop Trading on Congressional Knowledge (STOCK) Act in 2012 in response to the public outcry over members' self-serving insider trading scandal last year. As with most laws, what is a crime for citizens was not illegal or unethical for...
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...
| May 16, 2013
| 3:59 PM
As I work my way around the harbor each week, I always look for people I would like to emulate. One such person is Doug West, and I have said this before about Doug and his efforts as chairman of the Newport Beach Harbor Commission. He wants to help and...
| Oct 8, 2013
| 11:35 PM
A California man has been indicted by a federal grand jury on charges of securities fraud in connection with the Walt Disney Co.'s $4-billion acquisition of Marvel Entertainment.
Toby G. Scammell, 28, allegedly learned confidential details of the...
| Oct 23, 2013
| 11:51 AM
Former KPMG partner Scott London should be sentenced to three years in prison for selling secret information about the accounting firm’s clients to a stock-trading friend, who used the tips to make more than $1.2 million in profitable trades, the...
| Oct 23, 2013
| 5:38 PM
Former KPMG auditing partner Scott London should spend three years in prison on his insider-trading conviction for selling secret information about the accounting firm's clients to a stock-trading friend, the federal probation office in Los Angeles...
| Oct 23, 2013
| 5:56 PM
NEW YORK — Bank of America has been found liable for fraud in the sale of faulty loans by its Countrywide mortgage unit, a major victory for the federal government as it continues to pursue cases stemming from the financial crisis.
| Oct 26, 2013
| 7:44 PM
For years after he took his last hit, Sammy Stewart dreamed the same dream.
He'd climb a set of stairs under a dogwood tree, and at the top, a man would hand him some rocks of crack cocaine. Stewart would take them home and place them by his bedside...