LA Times Archives - Page 1208 of 1308 -
The federal and state lawsuits against S&P are well and good, but no people are on the hook in these cases. What kind of deterrence is that?
You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor’s concocted a fraudulent scheme that contributed to trillions of dollars in investment losses and the cratering of pretty much the entire world financial system.
Exports rise at a solid pace and imports of oil and other goods shrink in December, dropping the monthly trade deficit sharply.
WASHINGTON — The U.S. trade picture brightened at the close of last year as exports rose at a solid pace and imports of oil and other goods shrank in December, dropping the monthly trade deficit sharply and probably lifting fourth-quarter economic growth.
Bargaining units for a clerical workers’ union rejected a tentative labor agreement this week that that ended an eight-day strike that shut down the ports of Los Angeles and Long Beach late last year.
L.A. Times – Business
The U.S. trade deficit narrowed sharply in December because exports rose while oil imports plummeted. The smaller trade gap means the economy almost surely grew in the October-December quarter — an improvement from the government’s estimate last week that it shrank in the final months of 2012.
After three weeks of being grounded due to safety concerns, the Federal Aviation Administration has allowed Boeing Co. to begin limited flight test activities with its 787 Dreamliner passenger jet.
NTSB traces Boeing 787 Dreamliner fire to battery cell, but questions remain.
Though a month of investigating the grounded Boeing Co. Dreamliner 787 passenger jet and its fire-prone batteries has turned up clues, federal officials reported that the cause of the problem remains a mystery.
Korean Air’s $ 1-billion hotel skyscraper — a symbol of South Korea’s status as an up-and-coming economic powerhouse — will feature 73 stories, 900 guest rooms, office space and stores.
Ambitious South Korean enterprises continue to make noise on the global economic stage.
In its first week, the Z10 is selling better in those two markets than any previous BlackBerry. Its biggest test is next month, when it goes on sale in the U.S.
The long-awaited BlackBerry Z10 won’t be available in the U.S. until March, but it’s already out in other countries and sales are hot, according to the maker.
The battle for pickup truck supremacy got a little tighter Thursday as Toyota introduced its redesigned 2014 Tundra full-size truck at the Chicago Auto Show.