| Mar 12, 2012
Like many executives running multibillion-dollar businesses, Peter Thompson adorns his office with photos of him meeting U.S. presidents. But there's one big difference: In some of them, he's a mere child.
A nephew of Richard M. Daley and grandson of...
| Jan 14, 2013
| 4:53 PM
Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators.
The Securities and Exchange Commission approved Price's application earlier this month to be...
| Jan 17, 2013
| 5:00 PM
Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York.
Capital Management rose to fame under star...
| Jan 17, 2013
| 1:28 PM
A sampling of how it works for a rock 'n' roll band in middle age:
The bass player and drummer drive in for rehearsal from the suburbs where one of them is an interfaith counselor and the other, for a time, operated a fresh-bread franchise.
| Feb 1, 2013
| 3:54 PM
Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets.
On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
| Feb 13, 2013
| 4:06 PM
Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city.
After a worldwide search for a new leader, Legg announced Wednesday...
| Oct 15, 2012
Joe Mansueto's day jobs have been a handful lately: He has been busy turning Morningstar Inc. into a $3.1 billion investment information megamart, buying up media properties and skipping the charity circuit in favor of coaching grade-school soccer on...
| Jun 25, 2012
Greg Wasson gambled away a total of about $60 during the 2 1/2 years he lived in Las Vegas. All of it came while he was parked at some low-stakes slot machine, waiting for his out-of-town guests to wrap up their requisite casino visit.
| Apr 14, 2013
Caution: This review of "The Interestings" — a supremely engrossing, deeply knowing, genius-level enterprise — is in danger of becoming all about me.
I blame the author, Meg Wolitzer. I blame the relevancy of her novel, its timeliness. I...
| Apr 23, 2013
| 7:00 AM
Assets in 529 college-savings plans are soaring as American families search for ways to offset rising college costs and crushing student-loan debt.
As of year-end 2012, investors had more than $166 billion in the college savings accounts, up 25% in a...
| Apr 28, 2011
Mother's Day is coming up: It's May 8. Here's a look at some restaurants and bakeries offering up Mother's Day specials in and around Los Angeles. Please let us now in the comments section below if we've missed any, and......