| May 31, 2014
| 2:26 PM
If golf star Phil Mickelson is concerned by a federal probe into possible insider trading involving him, billionaire investor Carl Icahn and Las Vegas gambler William Walters, he did not show it on Saturday.
As he hit a few practice balls before his...
| Jun 2, 2014
| 11:58 AM
Thirty-three Illinois companies made the 2014 Fortune 500 list, Fortune magazine’s annual ranking of the top 500 corporations by gross revenue after adjustments and excise taxes.
The figure is up from 32 companies that landed on the 2013 list...
| Jul 31, 2014
| 1:35 PM
Stocks dropped steeply Thursday, exacerbating a two-day slump that analysts attributed to concerns about instability abroad, worries about Friday’s employment data and fears that the Federal Reserve may raise rock-bottom interest rates sooner than...
| Jul 16, 2014
| 5:00 PM
President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties....
| Jul 22, 2014
| 2:33 PM
What have future generations ever done for us?
They have lent us the planet. We didn't inherit it from our ancestors. We borrowed it from our children, and we risk returning it in worse condition, since we face an impending crisis brought on by...
| Jul 3, 2014
| 10:52 AM
The team is camped out in the company's sixth-floor conference room, all eyes trained on a large flat-screen TV mounted on the lime-green wall. On the screen is a scrolling Twitter feed filled with photos of a muscular, tattooed gentleman posing in...
| Jun 18, 2014
| 5:09 PM
President Obama updated congressional leaders on Wednesday on the situation in Iraq and reviewed what he sees as options for "increased security assistance" for the country, which is grappling with insurgents led by the Islamic State of Iraq and the ...
| Jun 3, 2014
| 12:17 PM
A pickup in offshore drilling is swelling the order books of the handful of helicopter operators that shuttle oil workers to and from remote rigs. Their stock prices, depressed after Big Oil's recent spending cuts, could also be readying for take-off....
| Jun 9, 2014
| 12:46 PM
The ride-sharing app company Uber last week raised $1.2 billion in venture capital on terms that valued the company at $17 billion. As Will Oremus at Slate.com observed, that's almost as much as Hertz and Avis combined.
It's more plausible to see Uber's...
| Aug 4, 2014
| 6:37 PM
It's been 45 years since a calamitous spill off Santa Barbara coated the picturesque coast with oil, killed wildlife and prompted tough new pumping restrictions. But new worries have emerged in Sacramento.
It turns out that there was an exemption in a...
| Aug 27, 2014
| 7:00 AM
Legislation to slap a permanent ban on oil drilling in state waters off Santa Barbara died in the Assembly on Tuesday evening.
Facing strong lobbying from the oil industry, the bill, SB 1096 by Sen. Hannah-Beth Jackson (D-Santa Barbara), couldn't get...