Author: Jim Puzzanghera
By Jim Puzzanghera, Los Angeles Times Former House Majority Leader Eric Cantor is moving to Wall Street, taking a job with investment bank Moelis & Co., the firm said. Cantor, 51 who resigned last month ...
By Jim Puzzanghera, Los Angeles Times Full-time American workers labor the equivalent of nearly an additional day each week, averaging 47 hours instead of the standard 40, according to Gallup poll results released Friday. Just ...
By Jim Puzzanghera, Los Angeles Times Burger King Worldwide Inc. said Tuesday it would buy the Tim Hortons coffee-and-doughnut chain for about $11.4 billion and shift the new firm’s headquarters to Canada, where the corporate ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The U.S. economy rebounded strongly in the second quarter after a winter contraction, expanding at a 4 percent annual rate, the Commerce Department said Wednesday. Analysts had ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Small-business owners were less optimistic about the economy last month despite reporting their most ambitious job creation plans since 2007, according to a private survey released Tuesday. ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — A government watchdog criticized the Consumer Financial Protection Bureau’s controversial headquarters renovation, whose price tag has risen to an estimated $216 million, saying there was not a ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Private employers added a surprisingly strong 281,000 net new jobs in June, the most since late 2012, payroll firm Automatic Data Processing Inc. said Wednesday. The figure ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Top U.S. chief executives slightly downgraded their economic growth forecast, according to a survey released Tuesday, and fewer said they expected to increase investments in their businesses ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Inflation unexpectedly jumped last month as higher prices for food, energy, and other items pushed the annual rate above the Federal Reserve’s preferred 2 percent target, the ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The economy added 217,000 net new jobs in May and the unemployment rate held steady at a more than five-year low of 6.3 percent, the Labor Department ...
By Jim Puzzanghera, Los Angeles Times Three of the nation’s financial regulators on Wednesday launched a broad effort to identify rules that are unnecessary or too burdensome for banks. Under a 1996 law, the Federal ...
By Jim Puzzanghera, Los Angeles Times Private-sector job growth slowed in May to 179,000, the lowest level since January, payroll firm Automatic Data Processing said Wednesday. The figure was below analyst expectations for 210,000 net ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The economy stumbled badly during the severe winter, much more than first estimated, according to a government report, and stalled a recovery that appeared poised to take ...
By Jim Puzzanghera, Los Angeles Times WASHINGTON — “The proposed AT&T and DirecTV merger would be the fourth-largest telecommunications merger in history,” four top House Judiciary Committee members said. “The committee has a strong record ...
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