| 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...
| Dec 4, 2013
| 9:19 AM
German police have arrested two people suspected of illegally generating Bitcoins worth nearly $1 million.
Bitcoins are an unregulated, virtual currency that is stored in password-protected electronic "wallets" and used to make purchases on the Internet...
| Nov 4, 2013
| 1:20 PM
Burger flippers in Seattle could soon take home more than $31,000 a year.
Ed Murray, a candidate for mayor of the Pacific northwest's largest city, has endorsed a $15-an-hour minimum wage. The city's current mayor Mike McGinn said he may go even higher....
| Nov 12, 2013
| 8:42 AM
This has not been a good year for gold investors.
Prices of the precious metal were at a three-week low Tuesday morning on speculation that a strengthening U.S. economy will spur the Federal Reserve to slow stimulus. Silver fell to its lowest level in...
| Mar 18, 2014
| 3:48 PM
Lakers fans can thank one of their own for Phil Jackson's going to the New York Knicks.
Irving Azoff, a music mogul who has long held courtside seats at Staples Center, hosted the December party at which Jackson and Knicks owner James Dolan began...
| Feb 26, 2014
| 4:32 PM
Say goodbye to the Honda Insight. Its claim to fame was its low starting price and distinction as the least-expensive hybrid among 2014 model-year hybrids. That nod will soon go to the Toyota Prius c as Bloomberg News is reporting......
| Mar 10, 2014
| 4:30 PM
Music-centered cable network Fuse has received a bid for about $200 million from Sean Combs, the rapper and entertainment entrepreneur better known as Diddy, according to a report from Bloomberg News, which cited three people familiar with the...
| Mar 13, 2014
| 4:32 PM
Amid at least three investigations, including a federal criminal probe, new records show GM may have known in 2003 about the ignition-switch problem that led to the recent recall of 1.37 million U.S. small cars from the mid-2000s. That's a......
| Mar 21, 2014
| 4:30 AM
A U.S. Senate investigative panel is examining Caterpillar Inc. and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.
The Senate’s Permanent Subcommittee on...
| Jan 21, 2014
| 8:18 PM
From an office tower overlooking the sumptuous Fashion Island mall in Newport Beach, Mohamed El-Erian sat atop a massive treasure trove of wealth as chief executive of Pimco.
Soft-spoken and cerebral, El-Erian presided over a financial juggernaut that...
| Jan 30, 2014
| 2:08 PM
A former Baltimore Sun editor has been named president of the Poynter Institute, a journalism school and media strategy center with students around the world.
Timothy A. Franklin, 53, who served as editor and senior vice president of the Sun between...