Image Image Image Image Image Image Image Image Image Image Image Image

| October 17, 2017

Scroll to top


lower Archives -

Stocks End the Day Lower

October 12, 2017 |

US stock indexes are closing slightly lower as retailers and media companies decline, the AP reports. Women’s clothing retailer J. Jill lost half its value Thursday after the company slashed its forecast for the third quarter. AT&T sank 6.1%, its worst loss in nine years, after the company said…

Will the ‘Southwest Effect’ lower the cost of Hawaiian flights?

October 12, 2017 |

Since Southwest Airlines began to challenge the established major airlines in the 1990s, the low-cost carrier has forced its competitors to lower fares in what industry insiders call “the Southwest Effect.”

Fans of Hawaii are hoping that “the Southwest Effect” happens next year when Southwest Airlines…

L.A. Times – Business

After hurricanes, September job growth likely to be sharply lower

October 6, 2017 |

The September jobs report the government will release Friday morning will probably show a sharp drop in hiring compared with August because of Hurricanes Harvey and Irma.

The two storms inflicted heavy damage in Texas, Florida and other parts of the Southeast. Thousands of businesses had to shut…

L.A. Times – Business

Major Indexes End the Day Lower

September 25, 2017 |

Technology stocks led US indexes broadly lower on Wall Street, outweighing gains for energy producers and other companies, the AP reports. Facebook and chipmaker Nvidia each lost 4.5% Monday. Retailers were also lower. Amazon lost 1.6%. Energy companies rose along with the price of crude oil. Marathon Oil…

U.S. stock indexes edge lower in early trading; oil falling

September 21, 2017 |

U.S. stock indexes veered slightly lower in early trading Thursday as investors sized up the latest batch of company earnings and deal news. Technology stocks were down the most. Consumer focused-companies also fell, while energy stocks declined as the price of crude oil headed lower. Insurers…

L.A. Times – Business

Creating bag fees didn’t make airfares that much lower, government report finds

September 20, 2017 |

Travelers who check at least one bag when flying domestically are paying more overall to fly than they did before airlines began unbundling fares in 2008 and charging separately for checked baggage, a government watchdog has found.

A report by the Government Accountability Office said airline officials…

L.A. Times – Business

Stocks open broadly lower on Wall Street

September 8, 2017 |

Stocks are opening broadly lower on Wall Street as industrial and consumer-focused companies take losses.

General Electric fell 1% in early trading Friday, while cable TV and Internet provider Comcast slumped 1.6%.

Equifax plunged 17% in heavy trading after the credit monitoring company said it…

L.A. Times – Business

Banks, technology companies lead stocks lower

September 6, 2017 |

Escalating tensions on the Korean peninsula rattled nerves Tuesday on Wall Street, leading to the stock market’s worst day in almost three weeks.

Bank stocks led the slide as bond yields slumped. Technology stocks, the biggest gainers this year, also pulled the market lower. Energy companies climbed…

L.A. Times – Business

Southwest Airlines still has the power to lower fares of competitors, study says

August 19, 2017 |

When Southwest Airlines was still an upstart in the 1990s, a federal study found that the low fares offered by the Dallas-based carrier forced its competitors to slash prices in those markets the airline entered.

It was called the Southwest Effect.

Although the airline is now the third-busiest…

L.A. Times – Business

Stocks open slightly lower on Wall Street

August 17, 2017 |

U.S. stocks are lower Thursday morning as quarterly reports from big names such as Wal-Mart and technology bellwether Cisco Systems fail to excite investors. Most industries are slipping, with some of the biggest losses going to technology and industrial companies, retailers and banks. After dramatic…

L.A. Times – Business