| 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 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...
| 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...
| 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...
| Sep 10, 2014
| 4:30 AM
SELLERS: Heirs of Betty Sherrill
LOCATION: New York City, NY
SIZE: 5,000-ish square feet (by our estimates), 4 bedrooms, 4.5 bathrooms
YOUR MAMA'S NOTES: We can all thank Eamonn Eagleyes for his thoughtful digital missive that let Your...
| Sep 5, 2014
| 6:30 PM
Arriving so soon after the first reports of Burger King's corporate maneuvering to enjoy a whopping big tax break by establishing a new legal address in Canada, "The Price We Pay" seems all the more timely, if not prescient. This well-crafted...
| Sep 7, 2014
| 6:46 PM
— Thanks to a U.S. Supreme Court ruling last spring, a handful of Pennsylvania's top political donors have lighter wallets than they otherwise would have by this point in the election year.
Eight state residents are among 310 mega-donors who...
| Aug 13, 2013
| 6:54 AM
J.C. Penney’s turmoil at the top continued Tuesday as activist investor Bill Ackman stepped down from the board following a public disagreement over the struggling retailer’s choice of chief executive and chairman.
Ackman, whose Pershing...
| Aug 13, 2013
| 6:50 PM
Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman.
The department store chain...
| Oct 28, 2013
| 7:21 PM
Nutritional products maker Herbalife Ltd. reported a nearly 27% jump in third-quarter profit amid double-digit sales growth in China and Latin America.
The Los Angeles company reported net income of $142 million, or $1.32 a share, for the three months...