Matt is a finance reporter covering venture capital and private equity.
Investors tired of spinning their wheels in pursuit of returns have turned to packaged securities of auto loans, some even made to the riskiest borrowers.
Hunt for returns drives lenders and investors to portfolios of auto loans, some to subprime borrowers.
Easy credit and low lease rates boost traffic at car dealerships.
Celia Rivas turned life around by opening her own gym business.
Gym owner Celia Rivas credits a Grameen America microloan with getting her life back in shape.
INVESTMENT: Lunch leads to new job for Eric Beckman at friend’s Breakwater.
Saif Mansour took Eric Beckman to lunch in February at Toscanova in the Westfield Century City mall.
Ryan McKim is actually kind of a morning person. But getting out of bed at 6 a.m. on a recent Sunday took some extra motivation.
Real Estate: Recent stock moves by Macerich spur talk of acquisition.
Real Estate: Macerich’s stock deals may mean the mall operator is preparing for a sale – of itself.
Pasadena’s East West Bank became the first Los Angeles bank with a branch in the Chinese city of Shenzhen, as it opened its newest storefront in the coastal boomtown on Tuesday during a ceremony attended by Los Angeles Mayor Eric Garcetti.
TRAINING: Bill Clinton speaks on financial literacy for Banc of California.
If you want to explain economic concepts to everyday Californians, you could do a lot worse than enlisting Bill Clinton.
INVESTMENT: B. Riley’s shares climb on strong earnings after merger.
B. Riley sees positive returns on Wall Street from the broker’s liquidation business.
American Apparel announced a substantial quarterly loss on Monday, but a large part of that was due to one-time charges relating to an internal investigation of former chief executive Dov Charney.