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| March 24, 2019

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LA Times Archives - Page 1139 of 1343 -

CBS posts biggest quarter ever; profit up 11%

July 31, 2013 |

CBS Corp. said its fiscal second quarter was the company’s biggest quarter ever, with revenue and profit climbing 11%.

    


L.A. Times – Business

Fed holds steady on bond buying, keeps key interest rate near zero

July 31, 2013 |

WASHINGTON — Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank’s bond-buying program, but indicated that they expected economic growth to pick up.

    


L.A. Times – Business

Facebook shares finally pass IPO price

July 31, 2013 |

It took more than a year, but Facebook has found enough friends on Wall Street to beat its $ 38 IPO price not seen since the first day of trading.

    


L.A. Times – Business

FERC lets JPMorgan walk

July 31, 2013 |

JPMorgan manipulated California’s energy market to great profit, then lied about it. Its penalty? Chump change (one day’s revenue).

If you take our federal and state energy authorities at their word, you just might be convinced that the $ 410-million penalty dropped Tuesday on JPMorgan Chase for manipulating energy markets in California and the Midwest is a big deal.

    


L.A. Times – Business

Proposal would let ride-sharing firms operate in California

July 31, 2013 |

The ride-sharing proposal for such services as Lyft and Sidecar, in which drivers use their own cars, will go to the PUC.

SACRAMENTO — Ride-sharing companies that connect passengers to drivers via smartphones should be allowed to continue operating in California if they comply with basic safety rules, state regulators proposed Tuesday.

    


L.A. Times – Business

Spy team is Wall Street regulator’s weapon against insider traders

July 31, 2013 |

At the Financial Industry Regulatory Authority, a few dozen analysts are tasked with sifting through some 6 billion Wall Street stock trades each day.

ROCKVILLE, Md. — Cameron Funkhouser heads a spy agency that most Americans never knew existed.

    


L.A. Times – Business

Southwest Airlines fined $200,000 for fare advertising violations

July 30, 2013 |

When Southwest Airlines offered a “Luv a Fare Sale” earlier this year, the carrier apparently did not supply enough love.

    


L.A. Times – Business

Occidental Petroleum says second-quarter profit is flat

July 30, 2013 |

Los Angeles-based Occidental Petroleum, one of the largest crude oil producers in the country, said second-quarter profit held steady as production jumped in California and Texas while oil prices overseas declined.

    


L.A. Times – Business

CBS and Time Warner Cable extend deal to Friday afternoon

July 30, 2013 |

After a tense day of negotiations and a brief blackout, Time Warner Cable and CBS are giving themselves a little more time to come to terms on a new distribution deal.

    


L.A. Times – Business

Speculation about new Apple products kicks into overdrive

July 30, 2013 |

Two developments stir anticipation that Apple is about to launch something big this fall. A cheaper iPhone is the most likely product, analysts say.

For Apple Inc. fans and investors, the future can’t get here fast enough.

    


L.A. Times – Business