| Jul 8, 2014
| 8:04 PM
The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea.
American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
| Jul 10, 2014
Tribune Publishing may have the flexibility to carry more than $350 million in debt after its planned spinoff from Tribune Co., which sources say is expected to happen in early August.
In an amendment filed with the Securities and Exchange Commission...
| Jul 10, 2014
| 2:14 PM
Ever wonder how much home you can afford, if there's room in your budget for a new car or how big of a nest egg you need to retire?
The answers to these questions are rarely exact, but an abundance of online financial calculators promises to help you get...
| Apr 27, 2014
| 2:30 AM
Here's a riddle for all you trigonometry fans: What do you call it when a student asks dad or grandma to help them take out a college loan to study advanced math?
Getting someone to co-sign so you can study cosines.
Trust me: Somewhere, a university...
| May 9, 2014
| 7:37 PM
The former owner of a Fort Lauderdale-based consulting company has pleaded guilty to bank fraud, U.S. Attorney Wifredo Ferrer announced.
Henry Fecker III, 60, formerly of Ft. Lauderdale, was the owner of Camden Consulting, Inc., a shell company used...
| Jun 8, 2014
| 12:40 PM
President Barack Obama on Monday signed an executive order making it easier for up to 5 million people to pay off college tuition debt, and scolded congressional Republicans for opposing legislation that would lower student-loan borrowing costs.
| Apr 20, 2014
| 4:10 AM
Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co.
And in the two decades since...
| May 28, 2014
| 9:59 PM
The Los Angeles teachers union and a powerful group of civic leaders are sitting out Tuesday's key race for a seat on the Board of Education in what has become a spirited, wide-open contest among seven candidates.
The special election is being called to...
| May 15, 2014
| 7:47 AM
Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier.
The average rate for a 15-year...
| May 28, 2014
| 10:43 PM
State lawmakers Wednesday gave initial approval to proposals that would reduce penalties for selling crack cocaine, require medical marijuana dispensaries to get state licenses and allow people in the country illegally to get student loans for college....
| May 29, 2014
| 7:34 AM
Fixed mortgage rates declined for the fifth straight week, with Freddie Mac reporting that lenders were offering 30-year home loans at an average of 4.12%, down from 4.14% a week earlier.
The average offering rate for a 15-year fixed loan fell to 3.21%...