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| January 22, 2019

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LA Times Archives - Page 1300 of 1306 -

Mortgage debt relief may bring new pain: a tax bill

September 7, 2012 |

A special exemption on principal reduction and other aid from banks, in place since 2007, is set to expire at year’s end. Some lawmakers are seeking an extension.

WASHINGTON — Struggling homeowners who obtain reductions in their mortgage debt face a new obstacle starting next year — a bill for taxes on that aid.



L.A. Times – Business

Nokia apologizes for faking shots in Lumia 920 camera phone ad

September 7, 2012 |

Nokia’s upcoming Lumia 920 smartphone has a technology that’s supposed to stabilize video. An ad contrasting shaky and stable images was not shot with the phone, Nokia admits.

An ad for a new Nokia Corp. smartphone shows off the device’s amazing ability to stabilize a video shot under rocky conditions.



L.A. Times – Business

Electric cargo truck developers have to be ready for a long haul

September 7, 2012 |

The CEO of a Poway company says there is still much work to do to make electric trucks a viable alternative to those that run on gasoline or natural gas.

Building an electric car is one thing. But move too fast in developing a heavy-duty electric cargo truck and bad things happen, according to the head of Southern California company that is trying to succeed where others have failed before.



L.A. Times – Business

Realty Income buying American Realty Capital

September 6, 2012 |

Real estate investment trust Realty Income is buying American Realty Capital Trust Inc. for about $ 1.9 billion in stock.



L.A. Times – Business

Amazon announces Kindle Paperwhite

September 6, 2012 |

Amazon has announced a new device called the Kindle Paperwhite, which is back-lit and has a higher resolution than the company’s previous e-readers.



L.A. Times – Business

August jobs report looks brighter

September 6, 2012 |

President Obama may get a boost after his convention speech Thursday night, but will it all be for naught the next morning when the monthly jobs report is released?



L.A. Times – Business

Apple denies providing FBI with list of device IDs

September 6, 2012 |

Apple, responding to a hacker group’s claim that the group stole 12 million Apple device identification numbers from an FBI laptop, denied Wednesday providing such a list to the agency.



L.A. Times – Business

Stocks close mixed; FedEx sinks on profit warning

September 6, 2012 |

U.S. stock prices are closing mixed, held in check by a warning from the huge package delivery company FedEx that its profits would be hurt because of a slowdown in the global economy.



L.A. Times – Business

Car review: Porsche Boxster S burns through canyons, cash

September 6, 2012 |

Porsche has given its 2013 Boxster S more power and a bigger price tag, but at least the car also looks expensive.

Porsche has a new roadster out, the 2013 Boxster S. It’s faster, more handsome and more practical than ever before, yada yada yada, they always are. But try this on for size: You can now spend around $ 90,000 on one.



L.A. Times – Business

Nokia, Motorola Mobility unveil new smartphones

September 5, 2012 |

The new versions of smartphones by Nokia and Motorola Mobility take aim at Apple’s iPhone and Samsung’s Galaxy S III.

Nokia and Motorola Mobility, both struggling to make headway against Apple’s iPhone and Samsung’s Galaxy S III, unveiled several new versions of their smartphones that they hope can chip away at the industry leaders.



L.A. Times – Business