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| March 25, 2017

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LA Times Archives - Page 904 of 907 -

Labor Day gas prices will set a record

September 1, 2012 |

Friday’s national average for a gallon of gasoline was $ 3.829, beating the Labor Day record high set in 2008. Hurricane Isaac, Chevron refinery fire are factors.

As they hit the highway for that last road trip of summer, many drivers will pay more for a gallon of gasoline than during any previous Labor Day holiday weekend.



L.A. Times – Business

CBRE rigged bidding for a bank branch, fraud lawsuit alleges

August 31, 2012 |

Kenneth H. Thomas’ suit says CBRE — which liquidates failed banks’ assets for the FDIC — let Stonegate Bank buy a branch for less than Thomas bid. CBRE and Stonegate dispute accusations of wrongdoing.

A well-known banking consultant has taken a dispute with CBRE Group Inc. to court, saying the Los Angeles real estate giant and Florida’s Stonegate Bank defrauded him by rigging the bidding for a bank branch in an upscale Miami suburb.



L.A. Times – Business

Stocks higher, but volatile, after Bernanke speaks

August 31, 2012 |

Stocks traded higher on Friday but couldn’t hang on to strong gains as investors tried to figure out what to make of comments from Federal Reserve Chairman Ben Bernanke.



L.A. Times – Business

AMR, US Airways in talks about combination

August 31, 2012 |

American Airlines and US Airways are one step closer to a potential merger.



L.A. Times – Business

U.S. unemployment applications flat at 374,000

August 31, 2012 |

The number of Americans seeking unemployment benefits was unchanged last week at a seasonally adjusted 374,000, suggesting slow improvement in the job market.



L.A. Times – Business

Stocks fall as consumer spending fails to impress

August 31, 2012 |

Stocks are opening lower, with investors underwhelmed by news of higher consumer spending.



L.A. Times – Business

Jobless claims unchanged last week at 374,000

August 31, 2012 |

WASHINGTON — Initial claims for unemployment benefits were unchanged last week at 374,000, slightly higher than analysts had expected, indicating jobs growth was still sluggish.



L.A. Times – Business

Retail sales rise 3.6% in August, beating forecasts

August 30, 2012 |

Shoppers hit the malls for back-to-school shopping in August and handed retailers a healthy boost despite continued worries about the job market and a sluggish economy.



L.A. Times – Business

Smartphone apps can help drivers navigate traffic congestion

August 30, 2012 |

The Waze, Inrix Traffic and SigAlert apps can turn smartphones into potent weapons to fight back-to-work highway congestion.

Labor Day is almost here, and you know what that means: the end of summer and a whole lot more traffic.



L.A. Times – Business

Retailers report strong gains for August

August 30, 2012 |

Americans kept spending this summer despite their escalating fears about the slow economic recovery and surging gas prices.



L.A. Times – Business