Small investors rattled by latest stock sell-off

Steve Dorsey took the stock market's teeth-clenching sell-off in stride Thursday — but only because he sold all the stocks in his retirement...

Ex-Angels player Doug DeCinces settles insider trading lawsuit

Former Angels baseball player Doug DeCinces has agreed to pay $2.5 million to settle allegations that he used inside information to score big...

Mattel must pay MGA $310 million in Bratz case

A federal judge ordered toy giant Mattel Inc. to pay bitter rival MGA Entertainment Inc. more than $309 million in damages, fees and other costs in...

Retail sales' growth slows in July

Retail sales cooled in July amid a wave of renewed economic worries, but the nation's merchants still managed to post a decent month. Investors,...

'Apes' headed for top branch at box office

After this weekend's box-office receipts are tallied, "The Change-Up" will wish it could trade places with "Rise of the Planet of the Apes."

Equinox to buy L.A.-based Sports Club's luxury fitness properties

Los Angeles-based Sports Club Co. has agreed to sell three Southern California properties and one in New York City to competitor Equinox.

Warner Music reports 5% revenue growth, narrower losses

With growth in international sales offsetting a decline in the U.S., Warner Music Group posted a 5% uptick in revenue and narrower losses in its...

California subpoenas Citigroup about mortgage-backed securities

California Atty. Gen. Kamala D. Harris has subpoenaed Citigroup Inc. and its banking subsidiary, Citibank, ordering the two entities to answer...

Frozen turkey may be contaminated with salmonella, officials warn

A day after one of the nation's largest food recalls, federal health officials warned the public that frozen turkey bought weeks or even months ago...

Hollywood talent manager Pat O'Brien convicted of scam

Veteran Hollywood talent manager Patrick W. O'Brien has been convicted of violating state law by operating a bait-and-switch scam on aspiring...

Honda goes on defensive after negative review of Civic

Honda executives have gone into damage-control mode over a negative review of the automaker's newly redesigned 2012 Civic sedan that appears in the...

Kraft to split into two companies

Just 18 months after acquiring Cadbury, Kraft Foods is breaking up.

General Motors' profit soars 89% in second quarter

General Motors Co.'s profit almost doubled in the second quarter, bolstered by higher prices for cars and a gain in market share.

Freddie Mac: Mortgage rates down in the basement again

The typical rate on a 30-year fixed mortgage fell this week to 4.39%, the lowest level since November, according to home finance giant Freddie Mac,...

Initial jobless claims hold steady at 400,000

The number of Americans who applied for unemployment benefits last week held steady at the 400,000 mark, signaling little change in a weak U.S....

Emdeon to be taken private by Blackstone for $2.2 billion

Health care payment technology company Emdeon Inc. has agreed to be taken private by The Blackstone Group for about $2.2 billion.

DirecTV profit increases 29%

Satellite TV provider DirecTV said Thursday that its second-quarter net income grew 29 percent thanks to healthy subscriber growth in Latin America....

Activision Blizzard sales, earnings helped by a handful of games

Despite owning a broad portfolio of game franchises, Activision Blizzard Inc. continues to rely on a handful of titles from Blizzard Entertainment...

LinkedIn reports unexpected profit as site adds paying users

LinkedIn Corp., the largest professional-networking website, unexpectedly reported a second-quarter profit as it lured new members following a May...

ECB resumes bond buys, boosts funds to banks

The European Central Bank resumed buying government bonds from the market and offered a new round of funding to commercial banks on Thursday in...

Hackers infiltrate computer networks of thousands of companies

In what security experts believe may be the largest coordinated attack ever launched, hackers have for at least five years infiltrated the computer...

3 arrested on raw-milk charges

The owner of a Venice health food market and two other people were arrested on charges related to the allegedly unlawful production and sale of...

Cargill recalls more than 36 million pounds of ground turkey

More than 36 million pounds of fresh and frozen ground turkey are being voluntarily recalled by food giant Cargill Inc. because of the possibility...

What's behind stocks' slide?

Time to poke your head out of the foxhole.

Mercedes Benz SLK350: Remodeled roadster is well-rounded for 2012

The Mercedes Benz SLK is and always has been the pied-a-terre of the company's lineup.