Jan 7, 2013 In a costly day of legal settlements, 10 banks agree to pay $8.5 billion to four million homeowners for mishandling their foreclosures.
Jan 7, 2013 Regulators in Basel have decided riskier assets can be used as part of a bank's emergency buffer.
Dec 31, 2012 After four years the Tribune Company emerges from bankruptcy today. The media conglomerate includes the L.A. Times, the Chicago Tribune, a handful of TV stations and a big slice of the Food Network.
Dec 31, 2012 Under a new California law, it is illegal for employers or admissions officers to require applicants to hand over their social media usernames and passwords.
Dec 10, 2012 Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.
Dec 7, 2012 Fannie Mae, Freddie Mac and some big banks will halt evictions from foreclosed homes during the holidays. Is this altruism or a publicity stunt?
Nov 30, 2012 An effort to build the Western Hemisphere's largest seawater desalination plant faces a crucial test today, as San Diego's regional water agency votes on whether to buy all the water the plant would make.
Nov 26, 2012 An internal scuffle between Detroit's city council and the state of Michigan could drive the Motor City's budget into a big ditch.
Nov 16, 2012 California's debt is shrinking, for now, thanks to voters who approved a tax hike and a growing economy.
Nov 14, 2012 It's official: Companies must now purchase permits to emit excess levels of carbon dioxide and other greenhouse gases in the state of California.