| Feb 6, 2014
| 4:34 PM
California hasn't completely escaped the effects of the polar vortex.
Although the Golden State avoided the freezing snowfalls that affected regions farther east, power plants in the Southland are now grappling with low supplies of natural gas brought...
| Feb 11, 2014
| 9:37 AM
From the Anchorage Daily News comes the latest accounting of how much the oil industry is spending to save a tax cut it received last year from the generous state government.
As of Feb. 5, the total is $3.5 million, with the lead campaign donors being...
| 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...
| 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...
| Sep 27, 2013
| 12:30 PM
Has the magic worn off? Despite all of the fanfare and fancy graphics from financial outlets, the public reaction to the Dow Jones Industrial Average reaching a new all-time nominal high seemed downright muted. Or as a recent radio caller said, "The...
| 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...
| Nov 5, 2012
| 2:28 PM
The Exxon Mobil Corp. asked Maryland's highest court Monday to erase most of the more than $1.5 billion awarded in two lawsuits over a large gasoline spill that Jacksonville residents claimed polluted their well water, left them fearful of getting...
| Nov 7, 2012
| 7:13 AM
U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night.
Worries about the European economy also resurfaced, putting more pressure on global...