| Feb 12, 2014
| 1:39 PM
The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate.
The central bank previously said it would consider raising its...
| 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...
| 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...
| Jan 30, 2014
| 3:30 AM
Reports: Advance report for 4Q GDP, December pending home sales, weekly jobless claims
Local earnings: Brunswick Corp., Dover Corp., Hillshire Brands Co., Tenneco Inc.
Other earnings: Altria Group, Cardinal Health, Colgate-Palmolive, ConocoPhillips, Eli...
| Jan 30, 2014
| 11:32 AM
Occidental Petroleum reported higher profits in the fourth quarter as the oil and gas producer seeks to revamp its business after a boardroom shakeup last year.
The Los Angeles company reported profits of $1.6 billion, or $2.04 a share, in the quarter...
| Jan 31, 2014
| 12:29 PM
Tax season, that time of year that spurs Americans to gnash their teeth and root out reams of old documents, officially kicked off Friday.
The Internal Revenue Service started accepting and processing paper and online returns, as well as preparing...
| Mar 5, 2013
| 3:09 PM
Venezuelan President Hugo Chavez loomed so large over his country and Latin America for the last two decades that his death on Tuesday following a long battle with cancer confronts the region with potentially destabilizing political swings and economic...
| Feb 17, 2013
The Crescenta Valley Water District has bagged two more multimillion-dollar settlements from oil companies that officials claim leaked a contaminant into the local groundwater supply.
So far, the district has penned three settlement agreements totaling...
| Aug 25, 2013
| 9:00 PM
In the 1980s, student protests against apartheid led universities to sell off stocks in companies doing business in South Africa. More recently, concerns about genocide in Darfur, the health effects of tobacco and handgun violence led to more college...
| Sep 5, 2013
| 5:15 PM
Nearly six years after filing a federal lawsuit against seven companies and their related counterparts for allegedly contaminating the local groundwater supply with a gasoline additive, the Crescenta Valley Water District has finally settled with the...