Capital One to buy HSBC's U.S. credit card unit

Capital One Financial Corp. said Wednesday that it will buy the U.S. credit card arm of Britain's HSBC for a premium of about $2.6 billion...

California health insurance premiums lower than in other states

Californians who bemoan high insurance premiums may not have it as bad as they think. It turns out that people in other states pay a lot...

Bank of America's stock value falls 20%

Bank of America Corp. lost a fifth of its stock value in a general market rout amid heightened concerns about its ability to get ahead of...

California hospitals not immune to soaring insurance costs

California hospitals, the very places that care for the sick, are struggling to afford healthcare for their own employees.

As U.S. stumbles, companies invest in consumer growth overseas

Many major U.S. companies are making big plans to expand overseas even as some of them announce new layoffs at home, and there's a...

Outlet malls are growing bigger, more popular

At Citadel Outlets, the sounds of jackhammering and the whir of electric drills are as common these days as a can't-miss deal.

U.S. credit downgrade unlikely to fix logjam in Congress

The historic decision by Standard & Poor's to downgrade the U.S. credit rating may provoke some havoc in financial markets this week,...

Angels baseball, paying the little guy peanuts

The Angels are one of the richest and most successful franchises in Major League Baseball — in fact, in all pro sports.

Possible effects of the U.S. credit-rating downgrade

The decision by credit rating firm Standard & Poor's late Friday to cut the United States' rating to AA+ from AAA has stoked fears of...

Long Beach port chief's long voyage nears an end

The gig: As executive director of the Port of Long Beach, Richard D. Steinke runs the second-busiest U.S. seaport, after the Port...

Amazon gathering anti-tax-law signatures outside retail stores

Amazon.com Inc. is giving bricks-and-mortar retailers yet another reason to fume.

Record gold prices attract investors but hurt jewelry sales

Dental work for some is turning into a gold rush for others, as record prices for the precious metal are sending prospectors on the prowl...

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....

Retailers report solid sales gains for July

Many U.S. retailers posted solid sales in July as deep discounts and sweltering heat drove shoppers to air conditioned malls. But analysts...

Unemployment benefits shrink in some states

Several states are making sharp reductions in unemployment insurance benefits, accelerating the number of jobless people running out of...

Rates drop for California safety-net health insurance

Californians who rely on safety-net health insurance are getting an unexpected break on their rates.

House Republicans block recess appointments by Obama

The Senate adjourned for more than a month without going into a formal recess, preventing President Obama from temporarily appointing...

Debt ceiling deal ignores real driver of deficits: healthcare costs

Now that Congress is finished displaying its one unquestionable skill — conniving at ideological extortion, with the household budgets...

Moody's and Fitch keep U.S. triple-A credit rating, but say outlook is negative

Two of the three major credit ratings companies affirmed their top ratings for the U.S., but warned that the government must do more to...

Healthcare partnership pays big dividends

A rare alliance of healthcare rivals — a giant insurance company, a major hospital chain and a large doctors group —...