Los Angeles Herald
LosAngelesHerald.com Thursday 11th March 2010 Issue 8/1005
bullet
Front Page US Business News
corner
Defects unable to stop Toyota sales in USDefects unable to stop Toyota sales in US
The US sales of Toyota vehicles declined nearly 9 percent in...


Add to My Yahoo!
Chrysler takes Volkswagen exec to run FiatChrysler takes Volkswagen exec to run Fiat
The Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local...
Kansas City school district shrunken to reduce deficitKansas City school district shrunken to reduce deficit
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat...
Orange County residents can now go direct to the islandsOrange County residents can now go direct to the islands
The John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian...
Forbes says Gates no longer the world's richest
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last...
Microsoft Offers Netsuite Customers Incentive To Switch To Dynamics Erp
REDMOND, Wash., March 11 /PRNewswire-FirstCall/ -- Microsoft Corp. is offering midsize businesses looking to benefit from advanced functionality, easy interoperability with other line-of-business...
Summary Box: Smithfield Foods 3q Results
RECOVERY: Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit in its third quarter after more than a year of losses.CHALLENGE: Meat companies are beginning...
Regulator Faults Wall Street Banks On Derivatives
FILE - In this June 22, 2009 file photo, U.S. Commodity Futures Trading Commission Chairman Gary Gensler testifies on Capitol Hill in Washington, before the Senate Banking Committee. Gensler...
Smtc Corp. Moves To Profit In 4th Quarter
NEW YORK -- SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher.Shares of the small-capitalization stock rose 79...
Motorola To Add Microsoft's Bing To Smart Phones
LIBERTYVILLE, Ill. -- Motorola Inc. said Thursday that it will add Microsoft Corp.'s Bing search and map functions to its smart phones that use Google Inc.'s Android operating software.Motorola said...
Willbros Posts 4q Loss As Revenue Tumbles
HOUSTON -- Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.The loss was still...
Jackson Hewitt Swings To Fiscal 3rd-quarter Loss
NEW YORK -- Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax...
Imax Chief Says Avatar Is Just The Start
triggered a sense of urgency on the part of exhibitors, particularly international ones," says Gelfond.IMAX proved in 2009 that its business model was viable Gelfond says, but "in 2010, we'll see how...
Secular Bear Market Reaches 10th Anniversary!
We didn’t hear much about it during the optimism of the 2003-2007 bull market, nor since the current bull market began a year ago. But it is pretty much agreed that when the market topped out in...
Learning About Internet Freedom From Despots And Drug Dealers
Mahmoud Ahmadinejad can teach you everything you need to know about internet freedom. When Iranians recently took to blogs and Twitter to spread the word about unfair elections and upcoming...
White House Launches Games For Healthy Kids Competition
Can games be used to solve broad social problems in areas like health and education? The White House thinks so. Kumar Garg, a policy analyst for the office of science and technology for the White...
Best Of Show Rsa Conference 2010
One thing is evident from this year’s mega-security conference in San Francisco. The security industry is back with a vengeance.  The show was packed with attendees and the expo floor was busier...
Enticing Travelers Comes At A Cost
Read All Comments The general concerns about room rates remain a sticking point for the travel industry.Las Vegas hotels and resorts have had trouble ratcheting up revenue per available room after...
Great Brands Make Great Investments
For years marketing professionals have been telling Wall Street that brand value confers a genuine competitive advantage. For years Wall Street has smiled politely, pulled down its green eyeshades...
Dr Pepper Pops To All-time High
Coke Bottles Up .) Things are looking up for Dr Pepper Snapple, as analysts are beginning to upgrade the stock on hopes of a deal with Coca-Cola by year's end. On Thursday Barclay's Capital Markets...
Finding And Curing Prostate Cancer
As a primary care doctor who screens for prostate cancer every day, I can tell you that this disease is both common and potentially deadly. According to the National Cancer Institute, there were...
Getting Hard To Find A Reason To Buy Corporate Bonds
Given the array of perils ahead, bonds from companies with solid credit ratings are starting to look out of whack. What could punish top-shelf investment-grade bonds? Consider the lineup: an expected...
Microsoft Tries To Lure Netsuite Users With New Deal
IDG News Service - Microsoft is offering financial enticements to customers of on-demand ERP vendor NetSuite to switch over to Microsoft's Dynamics family of business applications. NetSuite customers...
Citigroup Sees Return To Sustained Profitability: Pandit
Chief Executive Vikram Pandit told investors Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy...
Us Household Wealth Rises, Helped By Stock Rebound
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two...
Whitman Proposes Cuts To Spending, Taxes For California
Targeted tax cuts and reducing state spending will be at the forefront of Republican gubernatorial candidate Meg Whitman's platform if she receives the party's...
Finally! Good News From Credit Card Industry
NEW YORK (CNN) -- Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs. Card issuers are now ramping up those reward...
Some Nurses Paid More Than Family Doctors
NEW YORK (CNNMoney.com) -- Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary...
Gmac: The Scariest Zombie
Congressional Oversight Panel , noted that the White House thinks taxpayers will lose at least $6 billion on the GMAC bailout. Two members of the panel projected that losses could reach $10 billion,...
Citi's Pandit Aims For $20 Billion In Profits
NEW YORK (CNNMoney.com) -- Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20...
Mexico's Carlos Slim World's Richest Man
Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world's richest person - a shift that underlines the loosening of America and Europe's stranglehold on the...
Bedfordreport.com Complimentary Analyst Research On Tech Stocks Such As Microsoft Corp. , Apple, Inc. , Dell, Inc. , Palm, Inc. And Many More
TORONTO--(Marketwire - March 11, 2010) - The Bedford Report is pleased to announce that its latest Market Update analyzing the Technology Sector has been released. Technology is such an integral part...
Virgin Media To Test Broadband Over Utility Poles
SAN FRANCISCO -- Virgin Media Inc., a British provider of TV, Internet and phone services, said Thursday that it will conduct a trial using utility poles to send high-speed broadband Internet...
Summary Box: Foreclosures Grow More Slowly
FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago.SLOWER RATE: It was the smallest yearly increase in...
Americans' Net Worth Up For 3rd Straight Quarter
WASHINGTON -- Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two quarters.The...
10 Ways Electronic Breaches Could Blindside Global Finance
. Even if HSBC is right and the stolen data isn't in bad hands, it was a very close call. And it's just another example of the danger posed to global finance by inside threats. "Our research shows...
No Hunger For Landry's As Losses Rain Down
Shareholders may be motivated to approve the sale of Landry's Restaurants to its CEO on Thursday after the company reported a net loss for its fourth quarter.The Houston-based restaurant operator...
Street Sways On Jobs Data
U.S. stocks continued to grind at midday Thursday, struggling to build on recent gains after reports that weekly jobless claims fell less than expected and the U.S. trade deficit unexpectedly...
How To Keep Your Employees Focused And Functioning, Even Now
Welcome to the new normal. As we hobble toward economic recovery, the work environment remains anxious and uncertain. Employees may be grateful for their paychecks, but numerous studies reveal what...
New Zealand's 2009 Wines
Every year around this time, the wineries and grape growers of New Zealand rent out a space here in New York, set the country's new and forthcoming releases to market on long tables, and invite...
Losing Nathan Shouldn't Hurt Twins Much
Minnesota Twins' closer Joe Nathan has a damaged ligament in his elbow, which may or may not require season ending surgery. Obviously it's terrible to see an athlete suffer a serious injury. But...
The Importance Of Doing Meaningful Work
People want their jobs to be meaningful. And as they grow more aware of social and environmental issues, they become more interested in having their work align with those causes. For instance, people...
Exxon Mobil Announces 2010 Capex Plans
Exxon Mobil revealed its capital expenditures plans for 2010. In an analyst meeting, the oil giant said it will spend about $27 billion in 2010 on capital projects, $1 billion more than it spent in...
Smithfield Makes Money Making Bacon Again
Smithfield Foods swung to a profit for a third quarter, as the company fought back from a loss due to a weak economy and high feed costs.Smithfield earned $37.3 million, or 22 cents per share, as...
Fuelcell Gets A Lift From Air Products
The project is at the Orange County Sanitation District’s wastewater treatment facility, and the initial contract was awarded to Air Products by the California Air Resources Board, South Coast...
Hsbc Pays The Price For Moles
people ) was paying the price for its private banking presence in Switzerland Thursday after the bank confirmed that personal details of 24,000 clients with its wealth management operations in...
Pushing Exports: President Outlines Us Strategy
President Barack Obama, anxious to spur growth and tackle high unemployment, Thursday laid out a plan for tougher enforcement of trade laws, government advocacy and credit assistance to double U.S....
Survived Recession? Get Set For Higher Taxes
Americans who managed to keep their job and income steady, even though the value of their home and investment portfolio is down over the past two years, can look forward to higher taxes and fees,...
Goldman Deal-maker Now Advocates Regulation
. Then in the late 1990s, he moved to the Treasury Department, joining a Washington establishment that celebrated the power of markets and fought off regulation at almost every...