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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 89-99
  • L.A. pushes back in fight over DWP nonprofits

    L.A. pushes back in fight over DWP nonprofits
    As an annual deadline looms for Los Angeles to pay nearly $4 million to a controversial pair of Department of Water and Power affiliates, one city leader announced his refusal to sign the checks and another sued to have a court-appointed receiver take...
  • Scott taps outside counsel to litigate in Crist's failed Digital Domain deal

    Scott taps outside counsel to litigate in Crist's failed Digital Domain deal
    TALLAHASSEE -- Gov. Rick Scott's office announced Wednesday he was hiring outside counsel to sue the failed Digital Domain special-effects company and "other parties" involved in a $20 million tax-incentive deal that tanked. The move comes more than a...
  • 137 Ventures raises $137 million for start-ups investment fund

    SAN FRANCISCO (Reuters) - San Francisco-based 137 Ventures said it raised $137 million for its second fund, underscoring the eagerness of investors to buy shares in start-ups before they hold initial public offerings. The firm, which buys private-company...
  • Federal Monitor Raps State On Underfunding Community Services For DCF Kids

    The latest federal oversight report on the Department of Children and Families criticizes the state for underfunding community programs at a time when large numbers of needy children are being diverted from institutions As a result, "thousands of...
  • Draghi urges euro zone states 'to be sovereign together'

    LONDON (Reuters) - European Central Bank President Mario Draghi urged euro zone states to respect their joint fiscal rules and extend their cooperation to economic reforms, telling governments they must "learn to govern together". While reiterating his...
  • U.S. financial advisers try to win over wary millennials

    NEW YORK (Reuters) - Wealth management firms are trying to get millennials excited about investing and hope to win their trust - and the sizeable wealth they are expected to control in the future. Those now 21 to 31 years old will control $9 trillion...
  • Senate confirms Julian Castro as housing secretary

    Senate confirms Julian Castro as housing secretary
    WASHINGTON - The U.S. Senate on Wednesday confirmed Julian Castro to lead the Department of Housing and Urban Development, placing the San Antonio, Texas mayor at the top of the agency in charge of housing during a sluggish recovery in the sector....
  • Column: Crumbs today, jam tomorrow?

    (Reuters) - Creating needs among consumers is both the basis of our economy and a really risky investment strategy. That is the message from the demise of cupcake company Crumbs Bake Shop, a (former) seller of cupcakes each of which averaged about one...
  • Vatican restructures scandal-hit bank, vows transparency

    VATICAN CITY (Reuters) - The Vatican on Wednesday said it would separate its bank's investment business from its Church payments work to try to clean up after years of scandal, and vowed to become a "model of financial transparency". French businessman...
  • State Street settles shareholder, employee lawsuits for $70 million

    (Reuters) - State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed...
  • Holder won't meet with BofA CEO as mortgage talks stall: sources

    NEW YORK/WASHINGTON (Reuters) - Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by...