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as of 07:32PM ET 5/9/2013
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California sues JPMorgan over debt collection tactics

California sues JPMorgan over debt collection tactics

In a lawsuit that echoes the worst abuses of the foreclosure crisis, the state's top law enforcement official is suing the nation's...

GOP may seek to tie debt ceiling deal to tax code changes

GOP may seek to tie debt ceiling deal to tax code changes

WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop...

Retail sales brighten, but less than expected

Retail sales brighten, but less than expected

Late last month, as the weather began to warm into a semblance of spring, teens and bargain hunters who had spent months crunching their...

When design leads function

When design leads function

Chicago entrepreneurs Jason Lucash and Mike Szymczak managed to launch a line of audio products during the recession. Their folding...

Spotlights from the Los Angeles Times

Jonathan Gold's Bite Nite

Jonathan Gold's Bite Nite

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Is $1,721.75 the bill you'd expect for treating a cut?

Is $1,721.75 the bill you'd expect for treating a cut?

It was your basic, run-of-the-mill accident. Kim Haselhoff's 9-year-old son got nipped in the finger by one of the family dogs. It didn't seem too...

Facebook promises to fix Home with upgrades after user complaints

Facebook promises to fix Home with upgrades after user complaints

MENLO PARK, Calif. -- Facebook Home was introduced with much fanfare one month ago. So far it has not lived up to the hype.

Developers buy Rhythm & Hues' ex-headquarters in El Segundo

Developers buy Rhythm & Hues' ex-headquarters in El Segundo

The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan...

Global criminal ring drains $45 million from ATMs in hours

Global criminal ring drains $45 million from ATMs in hours

A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then...

FCC moves toward opening airwaves for in-flight Internet

FCC moves toward opening airwaves for in-flight Internet

The Federal Communications Commission took a step toward improving Web access for air travelers, voting to write rules to open frequencies for an air-...

Fannie Mae to pay U.S. $59.4 billion after record quarterly profit

Fannie Mae to pay U.S. $59.4 billion after record quarterly profit

WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit...

Initial jobless claims drop more than expected

Initial jobless claims drop more than expected

Initial jobless claims continued to decline last week in another hopeful sign that the labor market is improving.

Hospital prices diverge wildly, U.S. data show

Hospital prices diverge wildly, U.S. data show

Shares surge for drug-testing firm Quintiles as IPOs stay strong

Shares surge for drug-testing firm Quintiles as IPOs stay strong

Shares of drug-testing firm Quintiles Transnational Holdings Inc. soared nearly 10% in Thursday trading, marking another strong debut for initial...

Drug spending falls for first time in 6 decades

Drug spending falls for first time in 6 decades

An explosion of cheap generic substitutes for widely used prescription drugs last year helped drive the first decline in pharmaceutical spending in...

LACMA executives to move to high-rise across street

LACMA executives to move to high-rise across street

The top brass of the Los Angeles County Museum of Art will have a lofty view of the much-touted $650-million makeover of the museum's Wilshire...

Tesla Motors posts first quarterly profit in its 10-year history

Tesla Motors posts first quarterly profit in its 10-year history

For the first time in its 10 year history, electric car maker Tesla Motors Inc. turned a quarterly profit, beating analysts expectations for sales...

Toyota annual profit more than triples, sales rise 18.7%

Toyota annual profit more than triples, sales rise 18.7%

Riding a wave of increased auto sales, a weakening Japanese yen and a fresh lineup of vehicles, Toyota Motor's profits more than tripled during its...

Disney withdraws trademark filing for 'Dia de los Muertos'

Disney withdraws trademark filing for 'Dia de los Muertos'

If the dead could speak, they probably wouldn't have been heard over the burst of virtual shouting and howling Walt Disney Co. drew for attempting...

Air traffic control towers to stay open overnight

Air traffic control towers to stay open overnight

Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday.

News Corp. third-quarter profit climbs; revenue up 14%

News Corp. third-quarter profit climbs; revenue up 14%

Rupert Murdoch's News Corp. is preparing to split into two entities, and the company's fiscal third-quarter financials illustrated why: Its cable...

Deal could cut decade from Jeffrey Skilling's Enron prison sentence

Deal could cut decade from Jeffrey Skilling's Enron prison sentence

NEW YORK -- Former Enron Corp. Chief Executive Jeffrey Skilling could get a decade lopped off his prison sentence in a deal with the U.S. Justice...

McDonald's sales slide on avian flu fears; Wendy's revenue rises

McDonald's sales slide on avian flu fears; Wendy's revenue rises

McDonald’s had another rough month as sales at restaurants open more than a year slid in April, a month after the world’s largest burger...

Short first names mean bigger paychecks, study says

Short first names mean bigger paychecks, study says

What's in a name? Apparently the key to people's earning potential, according to a recent study.

Coca-Cola anti-obesity promises include no advertising to kids

Coca-Cola anti-obesity promises include no advertising to kids

Coca-Cola is making major promises to fight obesity – ceasing advertisements directed at kids, slapping calorie counts on all its packaging...

Record exports mean U.S. summer gasoline prices won't be much lower

Record exports mean U.S. summer gasoline prices won't be much lower

Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have...

Absenteeism costs U.S. business $84 billion a year, report says

Absenteeism costs U.S. business $84 billion a year, report says

Employee absenteeism due to poor health costs U.S. businesses an estimated $84 billion a year in lost productivity, according to a new study.

College is a bad financial bet for some, study says

College is a bad financial bet for some, study says

College can be a bad financial investment, and a fair number of people actually should not go to college, according to a new study.