| Aug 6, 2014
| 5:36 PM
Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department.
| Aug 11, 2014
| 8:15 AM
Healthcare giant Kaiser Permanente is lowering its rates for Obamacare coverage in California by 1.4% next year, according to an industry report.
California's health insurance exchange recently announced that premiums were rising 4.2%, on average,...
| Aug 5, 2014
| 8:13 PM
Six years after the financial crisis, regulators said that 11 banks deemed too big to fail still have produced no workable procedures to help regulators shut them down should they ever reach the brink of failure.
The Federal Reserve and the Federal...
| Aug 6, 2014
| 8:42 AM
New York federal Judge Jed S. Rakoff has been the strongest voice on the bench for bringing Wall Street wrongdoers to justice.
So it isn't surprising that when his masters on a federal appeals court ordered him to sign off on an indulgent fraud...
| Aug 4, 2013
In his fresh effort to put the economy back at center stage in Washington, President Obama has issued a new challenge to congressional Republicans on the crucial issue of why the American middle class is hurting and which side can best lift average...
| Mar 17, 2014
| 2:46 PM
Via Jonathan Cohn and Kevin Drum, it transpires that the House GOP majority is crafting a new healthcare "reform" program to substitute for the Affordable Care Act. It should surprise no one that the new plan incorporates two provisions that have been...
| May 12, 2014
| 11:14 PM
In an extraordinary television interview that deepened the anger over his ownership of the Clippers, Donald Sterling attacked Lakers great Magic Johnson, suggested that African Americans have not done enough to help their community and blamed the media...
| 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 9, 2014
| 6:43 PM
One of America's most prominent businessmen, known for quelling fierce corporate infighting, was named Friday by the NBA as interim chief executive of the Los Angeles Clippers in a move to restore credibility and stability to the team after owner Donald...
| Nov 14, 2013
| 5:38 PM
Last week’s City Council meeting left little doubt that Anthony Majhess’ ties to the fire union will be used against him in his race for mayor.
Council member Majhess is a former city firefighter who now works for the Palm Beach County...
| Sep 17, 2013
| 2:42 PM
Federal arbitrators have awarded $3.1 million to an Orlando couple who accused Citigroup Global Markets Inc. and a former local broker of misconduct in steering them into ill-fated real-estate investments with a prominent politician, Lawton "Bud" Chiles...