| May 27, 2014
| 12:16 PM
Bank of America Corp. told stockholders that it has corrected errors in an annual stress test overseen by the Federal Reserve, saying the changes had almost no effect on its financial strength rating.
The news on Tuesday sent Bank of America shares...
| May 26, 2014
| 10:00 PM
***1/2 (out of four)
Enough of Rihanna and Katy Perry and Lady Gaga. The world is (at least, should be) ready for a new pop star.
Based on “Forever For Now,” that star should be LP, whose major-label debut is nothing less than 12 consecutive...
| May 29, 2014
| 1:29 PM
The Mexican government on Thursday announced the arrest of a wealthy entrepreneur who is accused of a multimillion-dollar fraud involving Citibank and the giant Mexican oil monopoly.
Amado Yañez Osuna was placed under arrest and will be charged with...
| May 30, 2014
| 2:04 PM
The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers.
In a lawsuit filed Friday in U.S....
| 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...
| 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 22, 2014
| 5:31 PM
Clippers interim chief executive Dick Parsons on Thursday clarified a recent report about whether he played varsity basketball at the University of Hawaii.
"Dick played on the freshman team at the University of Hawaii in 1964-65," Parsons said in a...
| May 5, 2014
| 2:30 PM
Warner Bros. longtime financial partner Village Roadshow Pictures has cut a similar co-financing deal with the Burbank studio's crosstown rival, Sony Pictures Entertainment, say people familiar with the arrangement.
The Sony agreement, which is currently...
| May 7, 2014
| 5:53 PM
In 2008, when Treasury Secretary Henry M. Paulson needed someone to run the controversial bailout of the nation's banks, he turned to a trusted and unflappable aide who had followed him from Goldman Sachs to Washington — Neel Kashkari.
| 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.