| May 12, 2014
| 4:03 PM
Only a handful of days into his new job, Dick Parsons was confident of at least one thing. The Clippers would eventually get new owners.
"My personal belief is that the league will prevail, which means that there will be an ownership change," Parsons...
| May 13, 2014
| 2:36 PM
Los Angeles Mayor Eric Garcetti rose to the defense of Magic Johnson again Tuesday, criticizing Clippers owner Donald Sterling for remarks he made about the former Lakers basketball great in a television interview.
After Sterling said Johnson doesn't...
| May 19, 2014
| 4:00 AM
There's really only one reason to tune in to the Billboard Music Awards: the spectacle.
The annual celebration of radio and sales rainmakers isn't about who will win. It's about what happens onstage, and viewers of the telecast Sunday night from the MGM...
| May 21, 2014
| 6:25 PM
Stanley Fischer, the former Bank of Israel head picked by President Obama for the No. 2 job at the Federal Reserve, won Senate confirmation Wednesday to become a member of the Fed's board of governors.
The 68-27 vote in favor of Fischer means he will...
| Mar 13, 2014
| 8:12 AM
You can no longer say that there's no accountability at Wall Street banks. Just ask Manuel Medina-Mora, the co-president of Citigroup, head of its global consumer banking business, and its Mexico chairman, whose pay was slashed last year by more than 7%. ...
| Mar 18, 2014
| 2:08 PM
Five huge lenders that signed a landmark 2012 settlement over foreclosure abuses have completed their obligation to provide billions of dollars in relief to troubled borrowers, according to the former bank regulator assigned to monitor their compliance....
| Apr 29, 2014
| 8:15 AM
Target Corp. is hoping its newly hired chief information officer Bob DeRodes and its plan to switch its in-house payment cards to a more secure chip-and-PIN system from MasterCard Inc. will help it avoid another massive data breach.
| Mar 26, 2014
| 1:39 PM
WASHINGTON -- The Federal Reserve said Wednesday it rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after annual stress tests.
Those tests raised questions about weaknesses in the risk-planning...
| May 22, 2014
| 2:30 AM
Kiplinger's Personal Finance
Because April is National Financial Literacy Month, a lot of groups use this time of year to study how much children know (and don't know) about money. Here are some of this year's highlights, with my comments.
| May 9, 2014
| 10:06 AM
A developer planning to build a mixed-use project in the heart of north Brand Boulevard is one step closer to taking over a public alley in the area, which would amplify connections between various existing and proposed new buildings.
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....