| Aug 4, 2014
| 3:31 AM
Local earnings: Acura Pharmaceuticals Inc., ANI Pharmaceuticals Inc., CNA Financial Corp., Landauer Inc., Strategic Hotels & Resorts Inc.
Other major earnings: American International Group Inc., Loews Corp., Marathon Oil Corp. and others
| Jul 16, 2014
| 9:29 AM
Bank of America Corp.'s second-quarter earnings plunged 43% as the nation's second-largest bank recorded 4 billion additional reasons to regret its 2008 purchase of high-risk home lender Countrywide Financial Corp. in Calabasas.
Bank of America said...
| Jul 17, 2014
| 12:49 PM
— Voya Financial Chairman and CEO Rodney O. Martin Jr. came to the company in 2011 at a critical time, just as it was about to separate from its former Dutch parent, ING Groep N.V., and venture out on its own.
The separation required a rebranding,...
| Jul 6, 2014
Thomas Motamed, fresh out of law school, found the legal profession too dry.
So at a friend's suggestion, he tried another field he thought might be more interesting: peddling life insurance.
But that got old fast.
"I really didn't like sitting...
| Jul 1, 2014
| 10:52 PM
NEW YORK - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said he has been diagnosed with curable throat cancer and he plans to remain actively involved in the largest U.S. bank's business.
In a memo to the bank's employees and shareholders...
| Sep 4, 2014
| 3:31 PM
WASHINGTON — Insurer MetLife said it is exploring ways to fight the U.S. government's proposal on Thursday to deem it "systemically important" and subject it to stronger regulatory oversight.
MetLife is the third insurer to be tapped for such a...
| Aug 26, 2014
| 6:17 AM
Parents of high school athletes who worry that an injury could wipe out a confirmed college scholarship offer will have a new option to consider.
EPIC Insurance Brokers and Consultants announced on Tuesday that it will begin selling an insurance...
| Aug 17, 2014
| 2:30 AM
Sometimes I think that Fate has it in for my hometown.
Detroit has suffered through the oil embargo of the 1970s, the recessions of every decade since, and now, the epic biggest-ever municipal bankruptcy of all time. Plus, during all that time: the...
| Dec 26, 2013
| 5:39 PM
NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis.
Federal prosecutors want BofA to pay $864 million after the bank's stinging...
| Apr 17, 2014
Re "Home prices surge, sales plunge," April 16
The remedy to working people being priced out of the housing market is to reform property taxes to protect residential property and, especially, homes owned by those who actually live in them.
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.