| Oct 3, 2014
| 1:10 PM
The world of mutual funds may seem like a backwater on Wall Street, but the departure of bond trading superstar Bill Gross from Pacific Investment Management Co. has spilled blood into normally calm waters.
Competition in the mutual fund business has...
| Sep 30, 2014
| 4:56 PM
Sure, your credit and debit card information is safe and secure.
Just like the White House.
So commonplace have revelations of data hacks, security breaches and compromised confidentiality become that it's not worth waiting for formal notification...
| Sep 22, 2014
| 5:29 AM
Tribune Media Co. has filed registration documents with the Securities and Exchange Commission in preparation for listing its stock on a major exchange.
The initial Form 10 filing, which appeared on the SEC website Monday, contains financial statements,...
| Sep 24, 2014
| 5:55 AM
On Tuesday I got a message from the good people at the fraud alert center at JPMorgan Chase: They'll be sending me a new Chase credit card because "a security breach at The Home Depot" may have put my old one at risk.
What gets me about this is that it'...
| Sep 22, 2014
| 2:30 AM
Veteran fund manager Bill Nygren co-manages three Oakmark funds: Oakmark Fund, Oakmark Select and Oakmark Global Select. He looks for growing businesses whose stocks trade for less than he thinks a company is worth and that are run by executives who put...
| Sep 3, 2014
| 11:58 PM
Investigators working on the cyber attack at JPMorgan Chase & Co have found clues that a global network of computers available for hire was used to send the stolen data to a Russian city, Bloomberg reported, citing people familiar with the ongoing probe...
| Sep 1, 2014
| 4:30 PM
Jim Louderback, g.m. of Discovery Digital Networks, is leaving the company two years after the cable programmer bought web-video startup Revision3, where he had been CEO.
Louderback announced that he is leaving Discovery Communications in a post on his...
| Aug 19, 2014
| 8:30 PM
Disney enjoyed a magical day on Wall Street Tuesday with its stock trading at record levels of $90 a share -- the highest in more than 16 years.
The stock ended the day at $90.09, up 12 cents, a 52-week high. It nearly broke the $90 mark on Monday,...
| Aug 21, 2014
| 7:06 AM
Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...
| Aug 21, 2014
| 12:09 PM
Bank of America and the Justice Department have reached a record settlement of almost $17 billion to end a long-running probe into the marketing and sale of toxic mortgage securities by the bank and particularly its Countrywide Financial and Merrill Lynch...
| Aug 6, 2014
| 5:36 PM
Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department.