Rajat Gupta, former Goldman Sachs director, accused of insider trading

Former Goldman Sachs board member Rajat Gupta is being accused by regulators of passing along inside information about the bank to a prominent hedge...

Key House Republican praises Obama housing plan

The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the...

Treasury announces sale of Ally securities

The Treasury Department says it will begin selling $2.7 billion in trust-preferred securities it holds in Ally Financial, the latest step to recoup...

Manufacturing growing at fastest pace in 7 years

U.S. manufacturers expanded at the fastest pace in nearly seven years last month, but a sudden rise in the price of raw materials could threaten their...

Stocks fall as Bernanke warns about oil prices

Stocks slid Tuesday after construction spending dropped to its lowest level in nearly a decade and Federal Reserve Chairman Ben Bernanke said rising...

Gas prices soar in U.S. and California as Mideast unrest continues

The nation's gasoline costs are surging at a pace not seen since Hurricane Katrina shut down Gulf Coast refinery operations over the Labor Day weekend...

Cash-only home sales rise in California

Cash talks. And it's speaking loudly in California real estate these days, even in the nicest parts of town.

Ventas to buy Nationwide Health Properties in major senior-housing deal

A looming boom in the number of older Americans in need of senior apartments, assisted living, healthcare services and access to skilled nursing has...

Los Angeles DWP should guide customers through its red tape

Kimberly Vincelli may not be the poster girl for reforming the Los Angeles Department of Water and Power. But her case illustrates the need for a...

Consumer Reports' annual auto rankings laud Honda, Subaru

Honda Fit, Hyundai Elantra and the Chevrolet Avalanche got high marks from Consumer Reports in its annual auto report card.

'King's Speech' helps restore Weinsteins to film royalty

Harvey Weinstein vowed he would return to the glory days atop the independent film business, and Sunday night he delivered on that promise.

Facebook reconsiders allowing third-party applications to ask minors for private information

Facebook said it was "actively considering" whether to again allow third-party applications to request mobile phone numbers and home addresses from...

Blue Shield calls pending rate hikes reasonable

Blue Shield of California, assailed by consumers and state regulators for seeking to hike insurance rates as much as 59% in recent months, declared...

Fed still 'very far away' from economic-stimulus goals, official says

The U.S. economy's outlook has "improved considerably," but not enough to give the Federal Reserve a good reason to pull back soon on monetary...

American Airlines fined for not disclosing ticket-voucher fee

The U.S. Transportation Department fined American Airlines $90,000 for failing to disclose a fee charged to passengers who redeem vouchers they get...

Lions Gate may spin off digital and TV distribution assets

With its stock price plummeting 25% since activist investor Carl Icahn lost his takeover battle for the film and television studio in December,...