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Plummeting profit could help Howard Stringer turn Sony around

Plummeting profit could help Howard Stringer turn Sony around

The CEO is using falling earnings and the dire economy as...
Economy is going from bad to worse, reports show

Economy is going from bad to worse, reports show

Three government reports on unemployment, housing and...
Tracking the market and economic trends that shape your finances.
For Wells Fargo, the capital question still looms
Wall Street's debate over Wells Fargo & Co. is whether the bank's capital...
more
Where your favorite actress could end up next: YouTube
INTERNET
Hollywood talent agency William Morris is in talks for a deal that would...
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Ford's quarterly loss worse than expected at $5.9 billion
AUTOS
The loss caps the automaker's worst year. CEO Alan Mulally says the company will...
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EARNINGS ROUNDUP
AMAZON.COM
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Disney's ABC Television Group to cut 5% of workforce
The latest media company to make cutbacks as advertising falls says it will...
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The Commerce Department reports that new orders for durable goods fell 5.7% in 2008 with big drops in...
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BUSINESS BRIEFING
COURTS
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LABOR
A strike by members of the United Steelworkers union would affect more than half of the nation's refining...
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The Dow sinks 226 points to 8,149 as investors fret that corporate earnings will continue to suffer as...
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They are down nearly 15%, the government reports. Compared with the same period a year earlier,...
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Occidental Petroleum's fourth-quarter profit sinks 69%
Occidental earned $443 million in the quarter, compared with $1.45 billion in...
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Government figures show about 4.78 million people continue to claim unemployment insurance, the highest...
more  | video 

The former president of MTV will oversee the cable channel, which will replace the Discovery Health...
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Sprint Nextel Corp., which lost one case over early termination fees, defeated an effort to force the...
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2010 Mercedes-Benz GLK 350 4Matic Base price: $35,900
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Pushing Detroit onto a greener road
U.S. automakers reliably resist regulation, to their detriment.
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EARNINGS ROUNDUP
Starbucks to fire thousands as quarterly profit falls 69%
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RETIREMENT
Millions saw the value of the retirement accounts plunge an average of 27% last year, Fidelity finds in a...
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INVESTING TIPS AND TOOLS

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Business Blogs
The business and culture of our digital lives, from the L.A. Times
DailyCandy seeks your favorite geek hotties
Mark Zuckerberg. Sergey Brin. Bill Gates. Hot or not? DailyCandy certainly...
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The latest buzz in L.A.'s car culture.
New car sales: As goes California...
While nationwide auto sales fell 18% in 2008, California was down 23%, with 1,...
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Breaking news, industry scoops, and beyond
Disney-ABC Television Group lays off hundreds
The Disney-ABC Television Group today laid off several hundred people, citing...
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The rapidly changing landscape of the real estate market in Los Angeles and beyond
A snapshot of the L.A. real estate market
The Los Angeles real estate market was the focus today of Luke Mullins' Home...
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Finding the best values this season online & in stores
Crafts (and Paris Hilton) take center stage at trade show
Paris Hilton seized the spotlight for an hour on the first day of the winter...
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Tracking the market and economic trends that shape your finances.
For Wells Fargo, the capital question still looms
Wall Street's debate over Wells Fargo & Co. is whether the bank's capital...
more
 
 
Columnists
Michael Hiltzik:
U.S. automakers reliably resist regulation, to their detriment. I was listening the other day to a couple of American automobile executives complain to the president of the United States about...
David Lazarus:
How's this for bad timing? As the economy keeps tanking, and as tens of thousands of people are losing their jobs, state regulators are preparing to vote on a rate hike that could grant Southern...
Kathy Kristof:
Few investment mistakes can be as crippling to your long-term wealth as entrusting your nest egg to a crook. Even if your portfolio is way down, you may be patting yourself on the back: At least you...
Tom Petruno:
Any capitalist nation must be willing to embrace some level of economic Darwinism: the notion that the fittest survive while the less robust fall away.
Liz Pulliam:
Here's another reason it's wise to pay off your balance each month. Dear Liz: A couple of years back, I transferred a $6,000 balance to a new credit card that promised a 3.99% rate until the balance...
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