| 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...
| Dec 30, 2013
| 11:17 AM
As the five-year statute of limitations approaches for the wrongdoing that bequeathed us the Great Recession, the question of why no high-level executives have been prosecuted becomes more urgent.
You won't find a better, more incisive discussion of the...
| Jan 3, 2014
| 7:00 AM
WASHINGTON -- Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Jan 10, 2014
| 5:43 PM
WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said.
| Jan 13, 2014
| 7:10 AM
WASHINGTON -- The nomination of former Bank of Israel head Stanley Fischer to be Janet Yellen's lieutenant gives the Federal Reserve a "Dream Team" in the top two positions, Pimco Chief Executive Mohamed El-Erian said Monday.
Fischer was the "most...
| Jan 13, 2014
| 4:30 PM
Charter Communications has gone public with an offer to acquire Time Warner Cable in a deal that would be worth more than $61 billion -- an offer the bigger operator called "grossly inadequate."
Charter, having failed to sway TW Cable's board with...
| Jan 14, 2014
| 10:23 AM
Leadership positions at large U.S. banks are predominantly held by whites, according to a new report by the National Assn. for the Advancement of Colored People.
“Equal opportunity for people of color in the United States remains an unrealized...
| Jan 15, 2014
| 4:28 PM
A Los Angeles city councilman called Wednesday for his colleagues to explore ways of punishing banking giant JPMorgan Chase & Co. for engaging in financial misconduct, possibly by terminating the company's contracts with the city.
| Jan 16, 2014
| 9:04 AM
Lena Dunham of "Girls" is known for a certain scruffy edge, but she's got style cred now, appearing for the first time on the cover of February's Vogue, which deems her "the new queen of comedy." (Oh, and she also wore a white lace frock from Erdem's pre-...
| Jan 19, 2014
Los Angeles City Councilman Gil Cedillo wants to punish JPMorgan Chase for its various financial misdeeds, possibly by cutting off business with the banking giant. But as city leaders learned a few years ago when
Occupy L.A. pushed for a similar...