| Apr 11, 2013
| 6:34 PM
Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners.
The criminal case filed...
| Apr 11, 2013
| 6:10 PM
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention.
Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...
| 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...
| Nov 14, 2013
| 8:40 AM
An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby's auction of contemporary art in New York.
The auction also featured the sale...
| Sep 27, 2013
| 2:45 PM
In Connecticut, a first driver's license costs at least $72, plus the $40 examination fee, so there is no way you're out of there for less than $112.
University of Connecticut basketball player Tyler Olander got a really good deal last week when he...
| 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...