| 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...
| Jul 8, 2014
| 12:30 PM
PARIS -- Billionaire Hungarian-American oligarch George Soros is an extremely concerned humanitarian who can be counted on to put his considerable bank balance where his concerns are. Lately, those concerns have included Ukraine and other former Soviet...
| 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...
| Apr 11, 2013
| 7:03 PM
Breathe Books in Hampden says it will add a health-food cafe to its store next month. Owner Susan Weis-Bohlen says all the offerings will have at least one of five features: gluten free, vegan, vegetarian, raw or Ayurvedic -- Ayurveda is a holistic type...
| Apr 25, 2013
| 1:59 PM
Billionaire financier George Soros seems to be showing faith in J.C. Penney’s chances at a turnaround, taking a 7.9% stake in the struggling retailer.
The hedge fund titan bought nearly 17.4 million shares through his Soros Fund Management,...
| 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...
| Oct 30, 2013
| 12:52 PM
On the field next to Northeast Middle School, young refugees Abhishek Yonghang and Ahmed Osman kicked a soccer ball around, each grateful for the common connection as they adjust to a new life far from their former homes in Nepal and Somalia.
| Jan 21, 2014
| 6:03 AM
From the Baltimore Sun Op-Ed Page
As has been custom during his time in office, Governor Martin O'Malley has built his budget upon a fiscal house of cards, featuring false claims about cutting spending and leaving a structural deficit in place for his...
| Nov 9, 2013
| 7:26 PM
Under the chandeliers at the Beverly Wilshire Hotel, guests sipped white wine and sampled Vietnamese spring rolls as Hollywood's power players gathered for yet another fete celebrating Hillary Rodham Clinton, this time for her work with women and girls in...