| Dec 15, 2014
| 7:11 PM
National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved.
News of the loss coverage, part of a Freedom of...
| Dec 8, 2014
| 4:16 PM
In the realm of fixed-income investments, dethroned Pimco bond king Bill Gross still commands a healthy measure of respect as he settles in at a freewheeling Janus Capital mutual fund.
The Janus Global Unconstrained Bond Fund had just $12 million in...
| Dec 4, 2014
| 9:05 AM
Bill Gross, the closely watched bond investor, on Thursday lambasted central banks around the world for unconventional monetary easing and advised investors to curb risk-taking going into 2015 as global markets are reaching "the point of low return" and...
| Oct 31, 2014
| 8:40 PM
TALLAHASSEE -- The Florida GOP raised more than $65.2 million over the last two months, including more than $12 million collected from Gov. Rick Scott's personal wealth.
The Republican Party of Florida disclosed its final fund-raising figures late...
| Nov 1, 2014
| 5:00 AM
The statewide initiative on Tuesday's ballot to reduce penalties for illicit drug use and petty theft is part of a multimillion-dollar campaign to revise sentencing laws in California and across the nation.
Five major foundations, headlined by a...
| Oct 14, 2014
| 5:00 AM
Two major community advocacy groups called on federal regulators to reject CIT Group Inc.'s proposed $3.4-billion takeover of Pasadena's OneWest Bank, contending that the bankers are catering to the rich and neglecting lower-income California borrowers....
| Oct 13, 2014
| 1:24 PM
Two major advocacy groups for low-income Californians are calling on the Federal Reserve to reject the proposed $3.4-billion acquisition of Pasadena’s OneWest Bank by CIT Group -- at least until community groups can sound off at a public hearing. ...
| Sep 22, 2014
| 12:57 PM
September 2013: The United States and Russia reach a deal to rid Syria of its arsenal of chemical weapons, promoting Jewish groups to suspend their efforts lobbying for U.S. strikes against Damascus.
Rabbi Philip Berg, founder of the Kabbalah Centre...
| Sep 26, 2014
| 3:48 PM
Billionaires can be fascinating, and not just because of the fortunes they amass. They buy islands and media organizations, experiment with space travel, and have larger-than-life personalities. They also become proxies in national political debates about...
| Jul 22, 2014
| 6:35 PM
Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California.
| Jul 22, 2014
| 9:57 AM
OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned...