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Blog Profile / Money & Co


URL :http://latimesblogs.latimes.com/money_co/
Filed Under:Business & Finance
Posts on Regator:11579
Posts / Week:33.8
Archived Since:March 9, 2008

Blog Post Archive

Resort fees: Can a vacationer refuse to pay them?

Ken and Donna went on vacation and encountered some steep "resort fees," which can run as much as $50 a day.

Does California's credit card law apply to a Mexican boat?

Phyllis' husband booked a fishing trip out of San Diego. They'd be heading into Mexican waters. However, the charter company wanted an extra 3% payment for the husband to use his credit card. He said he didn't think that was allowed under California law. The charter company said that...

Ackman warns Allergan on offer

Activist investor Bill Ackman warned Botox maker Allergan Inc. on Monday that it would be unwise to court potential acquirers as an alternative to the offer that he and Valeant Pharmaceuticals International Inc. have made for the company. Last month, Ackman and Valeant offered an estimated...

Occidental Petroleum earnings climb 2.5% in first quarter

This post has been corrected. See below for details. Occidental Petroleum said its first-quarter earnings climbed 2.5%, bolstered by higher domestic production in the oil and gas segment. The longtime Los Angeles company announced in February that it would move its headquarters to Houston...

Real estate giant predicts slow home sales for months to come

Sluggish home sales took a bite out of the stock price of one the nation’s biggest real estate brokerages.

Airline profits soar to $12.7 billion

The nation's airlines continue to rebound from the recession and the 9/11 terrorist attacks with a report Monday of $12.7 billion in net profits last year, up from $98 million in 2012.

Reliance on 401(k) retirement accounts drops, poll shows

Fewer Americans are counting on 401(k) accounts to fund their retirement years, apparently because of disappointment with the stock market after painful losses in the Great Recession, according to a new study.

Drug maker Pfizer says profit fell 15% as it pursues AstraZeneca

Pharmaceutical giant Pfizer Inc. reported its first quarter earnings fell 15% as the company struggled with expiring patents and increasing competition from generic drugs.

Gas prices on way down after peaking in late April, report says

Just in time for the summer driving season, gas prices are on the way down after creeping up for weeks and hitting a peak in late April, a report says.

Banks embrace riskier loans for homeowners, hedge funds alike

Banks are reviving some of the riskier lending practices that preceded the financial crisis, attracting attention as you might expect, although they say they're keeping a lid on things this time. 

Occidental Petroleum earnings climb 2.5% in first quarter

Occidental Petroleum said its first-quarter earnings climbed 2.5%, bolstered by higher domestic production in the oil and gas segment.

Service sector grows at fastest pace since summer

The service sector expanded last month at its fastest pace since the summer, adding to recent upbeat news about economic growth after a harsh winter slowed the recovery.

Target CEO Gregg Steinhafel steps down in wake of huge data breach

Target Chief Executive Gregg Steinhafel is leaving the retailer after a massive data breach during the critical holiday season jeopardized the personal information of up to 110 million customers and caused the company's sales to plu...

Europe forecasts stronger growth; boost for U.S. exports seen

European officials on Monday forecast stronger economic growth for the region, a major market for exports from California and the rest of the United States.

Perhaps this is why Bloody Mary drinks are so popular on planes

Bloody Marys and other tomato-based drinks may be popular on airline flights because the flavor of umami is not diminished by loud noise and low cabin air pressure.

Restrictions kill one-third of all loyalty reward points, study says

If you are saving loyalty reward points for your dream vacation, be wary of loopholes that can kill nearly one-third of your points.

Is the TSA becoming more tolerable?

Americans may not love the TSA, but they are learning to tolerate it.

Ron Howard lists East Coast estate with farm at $27.5 million

Ron Howard, the Oscar-winning director, has put his family home and farm up for sale near Greenwich, Conn., for $27.5 million.

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.

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