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February 04, 2013 | Daily Business Review

Housing packs punch for growth in 2013 and beyond

Climbing home prices are lifting household wealth and boosting the purchasing power of consumers. Declining mortgage delinquencies and foreclosures are buttressing bank balance sheets, giving them greater leeway to lend. And rising property-tax revenue is fortifying the finances of state and local governments, alleviating pressure on them to cut budgets.
7 minute read
September 18, 2013 | Daily Business Review

Bernanke Saves Companies $700 Billion As Verizon Leads Sales

America's companies, from Apple to Verizon Communications, are saving about $700 billion in interest payments with the Federal Reserve's unprecedented stimulus.
10 minute read
September 21, 2011 | Daily Business Review

Capital Sources: New CEO's agenda at Professional Bank is turnaround and growth

Raul Valdes-Fauli, Professional Bank's new boss, wants to grow the one-office lender, but first he's got to repair the financials that led to a crackdown by regulators.
7 minute read
April 18, 2012 | Daily Business Review

Bank of America faces bad home-equity loans

Bank of America Corp., whose home-equity mortgage portfolio exceeds its stock market value, probably will say Thursday that about $2 billion of junior loans are bad assets even as some borrowers are still paying on time.
7 minute read
July 12, 2011 | Daily Business Review

News Corp.'s lost $7 billion shows hacking concern growing

News Corp.'s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
7 minute read
June 29, 2012 | Daily Business Review

Housing rebound in U.S. accelerated by state agencies

State housing agencies are contributing to the nascent housing recovery by making more grants and loans to cover costs such as origination fees, third-party appraisals and insurance premiums that have jumped about 9 percent.
7 minute read
November 29, 2010 | Daily Business Review

Hearing set to slug out fees in MLB's Texas Rangers bankruptcy

The 2010 World Series between the Texas Rangers and San Francisco Giants is over, but the sparring over legal fees in the team's bankruptcy continues.
4 minute read
October 10, 2012 | Daily Business Review

Investors flee stocks for perceived safety of bonds

Money managers and fund executives are warning that the flight to bonds leaves savers exposed to a new round of losses once interest rates rise.
9 minute read
April 09, 2012 | Daily Business Review

School vouchers spark growing court fights in US

Students like Delano Coffy are at the heart of brewing political fights and court battles over whether public dollars should go to school vouchers to help make private schools more affordable.
7 minute read
August 15, 2011 | Daily Business Review

Retailers deploy robots to catch Amazon

Retailers are shoring up their e-commerce operations, playing catch-up as budget-conscious shoppers defect to such online merchants as Amazon.com.
5 minute read

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