| Mar 27, 2014
| 8:42 AM
WASHINGTON (Reuters) - U.S. public pensions enjoyed a banner year in 2013, as rising investment returns and increasing government contributions pushed their holdings to record highs, U.S. Census data showed on Thursday.
Public pensions ended the fourth...
| Mar 25, 2014
| 10:55 AM
Carnival Corp., the world's largest cruise line company, reported a $15-million net loss for the three months that ended Feb. 28 as it continues to rebound from several cruise catastrophes.
The Miami-based company that controls nearly 50% of the market...
| Mar 24, 2014
| 6:41 PM
The city-owned Hilton Baltimore spent nearly all of the $2.8 million it generated in hotel occupancy taxes — money the city gave it last year to help the struggling convention center hotel make its debt payments, officials said.
The hotel did...
| Mar 23, 2014
| 6:30 PM
A seismic shift is set to hit the Chinese film distribution sector within the coming weeks.
The Chinese government is expected to confirm the allocation of a second theatrical distribution license. That would break the monopoly currently held by China...
| Mar 19, 2014
| 4:30 PM
The cord-cutting phenomenon, while very real, still hasn't inflicted mortal wounds on the pay-TV biz.
But if the trend of consumers rejecting cable or satellite video subscriptions accelerates -- and research shows younger Americans are less likely to...
| Mar 13, 2014
| 11:15 AM
A surprisingly strong earnings report has Wall Street analysts bullish about the fortunes of Huntington Ingalls Industries.
Recently, Zacks.com listed HII as its "Bull of the Day," noting that shares of shipyard stock "have been on a tear since the...
| Mar 16, 2014
| 8:48 PM
If you're an outdoors enthusiast or weekend warrior, chances are you're a fan of Sport Chalet Inc. If you're an investor, well, that's another story.
Living up to its moniker, "the Experts," Sport Chalet staffs its stores with marathon runners,...
| Mar 12, 2014
| 3:52 PM
The stock market just celebrated the fifth birthday of its bull market, and if you have a 401(k) or other investments, you've probably been at the party.
Since hitting bottom March 9, 2009, during the financial crisis, the full stock market of large...
| Feb 6, 2014
| 4:30 PM
Mark Horak, most recently president of the Americas at Warner Bros. Home Entertainment, will join DVD kiosk company Redbox as its new president on March 17.
Horak's appointment comes after Redbox president Anne Saunders ankled last December, as part of...
| Mar 6, 2014
| 2:08 PM
Tribune Co. has named the leadership team for Tribune Publishing, which is preparing to spin off as a separate newspaper company later this year.
Eddy Hartenstein, publisher and CEO of the Los Angeles Times, will serve as non-executive chairman of the...
| Feb 27, 2014
| 2:40 PM
Kaman Corp. on Thursday reported a 7 percent drop in earnings from continuing operations in the fourth quarter due to higher taxes and lower earnings at the company's distribution business.
The drop in earnings at the Bloomfield aerospace component...