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AEROSPACE
Carriers cut costs as they outsource repairs and inspections.
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General Motors Corp. says it lost $3.3 billion in the first quarter as strong overseas growth was dragged down by a strike at supplier American Axle and Manufacturing Holdings Inc. and weak U.S. sales. >>
After years of piling up debt and neglecting to save, Americans are reining in their free-spending ways -- which could signal a long road ahead. >>
The bruised economy limped through the first quarter of this year at a six-tenths of a percentage point growth rate as housing and credit problems forced people and businesses alike to hunker down. >>
Company will spin off its cable unit >>
Cynics might wonder how dedicated the company is to a wholesale transformation of the system when it's doing so well under the current regime. >>
April 29, 2008
NEW YORK -- As headlines about a struggling economy pour in, parents worried about their wallets are waiting longer to register their children for summer camp and more are asking for financial aid. >>
Investors exercise caution. Policymakers are expected to cut a key interest rate to 2% from 2.25%. >>
April 29, 2008
Facing high gasoline and food prices, many motorists are holding off on expensive jobs. They may pay the price later. >>
CB Richard Ellis profit rises 71% >>
LABOR
Talks bog down over pay across new and old media, people close to the negotiations say. >>
April 29, 2008
VEHICLES
Motorists looking to save as much as 32 cents on a gallon of gas needn't drive across state lines in search of cheaper prices at the pump. >>
COURTSPeregrine exec gets probation >>The Assembly speaker and executives of American Apparel say stepped-up efforts to find undocumented workers are hurting the economy. >>
April 29, 2008
From 2001 to 2005, employees' incomes rose 3% but their coverage costs jumped 30%. >>
As foreclosures surge, lenders might be forced to acknowledge that far more of the mortgages they sold to investors were never written properly in the first place. >>
EARNINGS
Lower TV production costs and sale of reruns help buoy results. >>
Sales of 'Bee Movie,' 'Shrek the Third' and earlier releases help the studio beat Wall Street expectations. >>
A loaf of Love's Bakery bread is a slice of life in Hawaii, as familiar to residents and tourists as flip-flops and aloha shirts. >>
The biggest issue is reducing subsidies to wealthy farmers. The president calls the measure 'massive, bloated.' >>
The February drop is one of the sharpest in the nation, an index shows. >>
Citigroup Inc. said Tuesday that it planned to sell $3 billion of common stock to bolster its capital levels, sending its shares down in after-hours trading. >>
The $175-million deal includes the L.A. Times building and East Coast newspaper facilities. >>
Oil and gas production units drive first-quarter profit. >>
JPMorgan Chase & Co.'s former head of municipal derivatives sales disclosed that he was a target of a federal criminal investigation into anti-competitive conduct in the public finance market. >>
Blockbuster Inc. is in talks to buy a stake in a premium cable TV channel to be launched by Viacom Inc. with Lions Gate Entertainment Corp. and Metro-Goldwyn-Mayer Inc., people familiar with the situation said Tuesday. >>
April 29, 2008
The $3-billion effort has had difficulty obtaining construction financing amid the real estate downturn. The projected finish date for its first phase is now 2012. >>
INTERNET
Studios and artists split over its effects on digital distribution. >>
The economic downturn has cash-strapped customers leaving less. >>
ENERGY
Small companies such as pet sitters and housecleaners are finding it necessary to pass on some of the rising expense to customers as well as to cut back on driving. >>
REAL ESTATE
Robert Maguire offers to buy the real estate trust and sell off many of its signature buildings, but directors say the deal has too many uncertainties. >>
ACQUISITIONS
The central bank needs to atone for failing to rein in loose credit policies, Rep. Maxine Waters and others say. >>
REGULATION
The former executive has been notified that the agency plans to recommend civil proceedings against her over stock options. >>
Wall Street finished little changed Monday as investors turned cautious ahead of the Federal Reserve's two-day policy meeting, which starts today. >>
Known for activism in the auto industry, the billionaire acquires a 4.7% position and offers to buy more. >>
THE ECONOMYVacancy rate for homes hits a record >>Yields on auction-rate munis fall >>
California utility regulators overstepped their authority in establishing the institute and can't force ratepayers to pick up the tab, the opinion says. >>
Warner Bros. TV recruits producers to create original programming for the site, which is scheduled to debut in August. >>
A bill aimed at putting the brakes on home foreclosures in California was approved Monday by the state Senate, ending a months-long partisan stalemate. >>
CHICAGO -- Candy maker Mars Inc. is buying Wm. Wrigley Jr. Co., the confectioner behind Juicy Fruit and Doublemint gum and Life Savers candy, for about $23 billion in cash, the companies announced today. >>
Bing Gordon, the chief creative officer at Electronic Arts Inc., will leave the video game company after 26 years to become a partner at premier venture capital firm Kleiner Perkins Caufield & Byers. >>
Between 80 and 90 employees of the company that owns the Orange County Register will lose their jobs this week, the publisher told the staff Monday. >>
The automaker says the move, a response to slumping sales, will lead to job losses. >>
The Spanish-language broadcasters' court date over a programming agreement is rescheduled until July. >>
Vincent Reinhart calls the move the 'worst policy decision in a generation.' >>
Empire Land, an Ontario-based land development company, has filed for bankruptcy protection, joining at least a dozen home builders that sought protection from creditors in the last 10 months as home sales and prices slumped. >>
Candy maker Mars Inc. is teaming with Warren Buffett to buy chewing gum manufacturer Wm. Wrigley Jr. Co. for $23 billion. >>
April 28, 2008
Power plant additions have failed to keep up with electricity demand, Cal-ISO says. >>
April 29, 2008
Power plant additions have failed to keep up with electricity demand, Cal-ISO says. >>
The chief executive of the California Public Employees' Retirement System said Monday that he was stepping down to "pursue private sector opportunities." >>
Moving quickly after being left at the altar by Continental Airlines, United Airlines stepped up talks with US Airways and was moving toward an agreement Monday on joining forces to create what could be the world's largest carrier. >>
A Santa Ana man seeks guidance after making a bad investment in sub-prime bonds. >>
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