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Blog Profile / Money & Co


URL :http://latimesblogs.latimes.com/money_co/
Filed Under:Business & Finance
Posts on Regator:11560
Posts / Week:34.7
Archived Since:March 9, 2008

Blog Post Archive

U.S. to create gasoline stockpile in Northeast in case of storms

The federal government plans to create a million-barrel gasoline reserve in the Northeast to help the region avoid fuel shortages that follow extreme weather like Superstorm Sandy in 2012.

First Toyota, next Sriracha? Texans wooing California hot sauce plant

Texas lawmakers are making a play to steal California's most famous hot sauce maker, the embattled Sriracha plant in Irwindale.

Strong April jobs report also contains warning signs on labor market

The unexpectedly strong job creation in April was a welcome sign to economists that slow hiring over the winter appeared to be related to severe weather and not a harbinger of another downturn in the uneven recovery.

Skechers is interested in buying a stake in the Clippers

Skechers USA Inc., the Manhattan Beach footwear company, said Friday it will explore acquiring a stake in the Los Angeles Clippers, joining a long list of celebrities and moguls interested in buying the team.

After jobs report, Dow hits new high then declines a bit

The Dow Jones industrial average hit a new record in early trading Friday before later reversing course and suffering a modest decline.

Obamacare enrollment in L.A. tops New York, most other states

More than 400,000 people in Los Angeles County signed up for Obamacare coverage in the health law's first open enrollment, surpassing turnout in most states.

Economy adds 288,000 jobs in April; unemployment rate down to 6.3%

Hiring surprisingly surged last month as the economy added 288,000 net new jobs -- the best performance in more than two years -- and the unemployment rate dropped to 6.3%, its lowest level since September 2008, the Labor Department said Friday.

SoCal building permits bounce back in 2013 but still below past highs

The number of building permits issued in the Southland jumped 44% last year, though they still remain well below pre-recession levels.

A Single mom's job loss may haunt children for years, study says

The children of single mothers who unexpectedly lose their jobs suffer severe negative repercussions well into their adult years, according to a UCLA study.

Avon to pay $135 million to settle bribery charges

Avon Products Inc. will pay $135 million to settle bribery charges, the company said Thursday in a filing with the U.S. Securities and Exchange Commission. 

Weekly jobless claims surprisingly jump to two-month high of 344,000

First-time unemployment claims surprisingly jumped last week to a two-month high of 344,000, a downbeat sign ahead of Friday's jobs report.

Dow Jones industrial average hits new record high

The Dow Jones industrial average hit a record high Wednesday as investors wagered that the economy will pick up steam in the second half of the year.

Bill to allow high-stakes raffles at pro sports games clears panel

SACRAMENTO -- A bill that would allow professional sports teams to hold high-stakes raffles at games to benefit charities won overwhelming support from its first legislative committee.

Port truck drivers alleging wage theft end two-day picket

A two-day protest by truck drivers who haul freight in and out of the ports of Los Angeles and Long Beach ended Wednesday, organizers said. 

First Southern California UNIQLO store to open at South Coast Plaza

Japanese apparel brand UNIQLO will open its first Southern California store at swanky South Coast Plaza in Costa Mesa on Aug. 29, followed in quick succession by four other local stores.

Economic growth slows to a crawl in first quarter

The American economy barely grew in the first quarter as the harsh winter weather appears to have knocked business investment and other activity even harder than previously thought.

Private-sector job growth accelerated to 220,000 in April, ADP says

Companies accelerated their hiring this month as the private sector added 220,000 net new jobs in a sign the labor market's winter doldrums are over, according to a report Wednesday from Automatic Data Processing.

Donald Sterling could tie up Clippers sale 'for the rest of his life'

The Clippers could have a new owner within a few months if Donald Sterling accepts the lifetime ban from the NBA and $2.5-million fine issued against him by the league Tuesday morning, analysts said.

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