Business News

Business U.S. bank earnings drop 7.3 percent in 4th quarter U.S. bank earnings drop 7.3 percent in 4th quarter
U.S. banks' earnings dropped 7.3 percent in the fourth quarter from a year earlier as a few big banks had increased costs to settle legal cases and the industry had declines in income from the mortgage business.
Business Port labor dispute spells bottleneck for Kern recycling centers Port labor dispute spells bottleneck for Kern recycling centers (Video)
Recycling centers in Kern County have been stuck with a bottleneck, thanks to the labor dispute over at the West Coast ports. Now, as dockworkers gear up again, centers piled high with cans, bottles and cardboard hope their operations also get back to normal.
Business Your retirement savings: Obama proposes tougher rules Your retirement savings: Obama proposes tougher rules
The Obama administration is proposing tougher restrictions on brokers who manage Americans' retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other savings accounts.