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LosAngelesHerald.com Friday 3rd September 2010 Issue 8/3506
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Wall Street continues upward trendWall Street continues upward trend
The Dow Jones rose more than 100 points Friday, the third day of gains for the key...


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Sexual harassment claims lead to big settlement in USSexual harassment claims lead to big settlement in US
A $5.8 million sexual harassment settlement will be paid by a building maintenance firm in the...
Accident claim ends with Ford paying restitutionAccident claim ends with Ford paying restitution
A Mississippi court has heard that the Ford Motor Co will pay $130 million over an accident that occurred in a Ford...
Jewish survivors say French Railway should lose US bidJewish survivors say French Railway should lose US bid
Holocaust survivors and the families in the US have objected strongly to a French Railway bid for high-Speed tracks in Florida, which will eventually connect Tampa and...
iPod nano has multi-touch interfaceiPod nano has multi-touch interface
Apple has come up with a new iPod nano with a multi-touch...
Burger King may be selling outBurger King may be selling out
Talks with potential buyers have reportedly been held by Burger King, the American fast food...
American and British Airways to coordinate frequent flyer American and British Airways to coordinate frequent flyer
American Airlines, British Airways and Iberia have been discussing how they will work together now that European regulators have allowed them to...
TransDigm closes $74M Semco Instruments deal
CLEVELAND -- Aircraft parts supplier TransDigm Group said Friday that it has closed its $74 million acquisition of Semco Instruments Inc.TransDigm announced its cash purchase of the engine maker on...
ABI Research: $1.8B To Be Spent On Location-Based Advertising In 2015 | Mobile Marketing Watch
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Why iTunes Is The William Shatner Of Software
Image via Wikipedia William Shatner is 79-years old. He’s a little weird. And he’ll do absolutely any kind of acting work. That’s why he’s awesome. Or...
Controversy Could Help 'Machete' At The Box Office
How Machete inflames immigration debate .” It described how Rodgriguez was using the anger around Arizona’s controversial immigration law to gleefully antagonize...
Gmail - Priority Inbox
Gmail – Priority Inbox . Google just released a personalization feature for Gmail – whereby Google separates your higher priority emails from your regular emails – all based on...
Enron's Former CEO Denied Bid to Be Freed on Bail
, a member of the three-judge panel considering Skilling's case, issued the one-sentence ruling late Friday, offering no explanation. In June, the Supreme Court ordered the appeals court to...
US economy: The recovery that wasn't | Editorial
Back in January, US vice-president Joe Biden offered up a huge hostage to fortune. Talking to fellow Democrats about the Obama plan for the economy, he promised: "You're going to see, come the...
Microsoft releases Windows Phone 7 to manufacturing
released to manufacturing after more than 6 months of its development. The announcement outlined some of the changes in this version, and was generally positive about the milestone. The term...
How the major stock indexes fared Friday
The stock market had its first winning week in a month after news on the economy started getting better. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains....
GM to unveil Cruze compact sedans
LORDSTOWN, Ohio -- General Motors said Friday that it will launch its Chevrolet Cruze compact sedan next week at the Ohio factory that makes the car.GM's North America president, Mark Reuss, and...
Harley, union reach proposed labor agreement
MILWAUKEE -- Harley-Davidson Motor Co. and its union leaders reached a proposed labor agreement on Friday that could keep manufacturing operations and hundreds of jobs in Wisconsin.The proposal...
Continental recalling furloughed pilots
HOUSTON -- Continental Airlines Inc. is recalling 132 pilots who were furloughed in 2008, saying it needs them to offset retirements and handle an increase in international flying.Continental...
Glance: Oil settles above $74, down 42 cents
Oil prices dipped Friday as traders remained worried about a glut of supply and sluggish demand as the summer driving season comes to a close.Here's how energy prices traded on the New York...
Forty To Love: Tennis Takes The Title In Sports Participation Growth
Image via Wikipedia Earlier this week, the Tennis Industry Association (TIA) inducted Billie Jean King into its Tennis Industry Hall of Fame for her work to raise the sport’s awareness among...
Hitting the Links in China
Golf course construction in China is going full tilt from the rain forests of Hainan to the Stone Forest in Kunming, but greens fees are not the driving force. The catalyst is the residential real...
China's First Family Of the Fairways
Australian golf great Greg Norman shocked people back home when word spread in May that his golf-course design business had closed its Sydney office and opened a new sales-and-marketing office in...
Ten Rules of the Cheap Revolution
The turbulent economy did not start in December 2007 with the recession's advent. Nor in September 2008, when panic rocked the world's financial markets. It began unnoticed in the 1950s with two...
The News Flow And Data Improve, Stocks Lift
U.S. equities got a lift this week on better than expected economic news. Crude oil futures are flat for the week amid volatility, trading around $74 a barrel on Friday afternoon. Gold futures...
Friedman Digs Deeper, Pulls Out Four More Pennies
After the bell yesterday, Friedman Industries declared its quarterly dividend of 8 cents per share, doubling the amount paid to shareholders last quarter. Based on the current stock price, investors...
Quiksilver Tarnishes, Seachange Sinks
people ) posted a profit of 11 cents per share, or 10 cents excluding special items, but analysts had been looking for 13 cents. Looking ahead, SeaChange revised its forward guidance to account for...
Bulls Smile Into Labor Day Weekend
All the major indexes were solidly higher heading into the Labor Day weekend, as investors drew optimism from a better than expected jobs report. The Labor Department report, which came out this...
China Maneuvers To Snatch POT From BHP
BHP's Kloppers May Still Get Potash The stakes just got higher in the 3-D chess game China is playing for natural resources. On one dimension, the Middle Kingdom is on the offensive, but on...
The Best Treasure Hunter in Vintage Fashion
Doris Raymond hunts treasure for a living. Her quarry: $50,000 Chanel gowns and $120,000 Sonia Delaunay cloches. Pilgrims with million-dollar names (Jolie, Blanchett, Johansson) appear at the Los...
Luxury And Outsourcing Are Hard To Beat Today
In afternoon trading Friday, staffing and outsourcing services stocks were relative leaders, up on the day by about 3.8%. Leading the group were shares of TrueBlue, up about 16.2% and shares of SFN...
General Contractors, Diagnostic Substances Fall Behind
In afternoon trading Friday, diagnostic substances shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Celldex Therapeutics, off about 26% Friday...
How Much Turf Will Nokia Take In U.S.?
Motorola’s wireless network infrastructure division for $1.2 billion in cash. This transaction is expected to close by the end of 2010. The deal should help Nokia gain business from existing...
Market Share Gains In Creative Take Adobe To $38
Adobe had around 43% share in the creative software market as of 2009. We estimate creative software (Photoshop, Dreamweaver, Flash Professional, InDesign) accounts for more than 50% of the Trefis...
Google Settles Buzz Privacy Lawsuit
has settled a lawsuit alleging privacy violations in connection with its Buzz social networking service, according to a court document filed on...
Obama's economy boost - just don't call it stimulus
WASHINGTON (CNNMoney.com) -- President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus. The problem: Obama needs help from Congress to pass...
What now for Gulf? Fire complicates drill debate
WASHINGTON -- What now for the Gulf?News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the...
MGIC added $1.2B in mortgage coverage in August
MILWAUKEE -- Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures...
Union vote date set for Delta flight attendants
MINNEAPOLIS -- Flight attendants at Delta Air Lines will begin voting later this month on whether to join a union.The vote will be the first under new rules that are widely seen as making it easier...
Treasury prices fall on unemployment report
NEW YORK -- Treasurys are sliding after the latest Labor Department report showed private employers added more jobs than economists expected.The yield on the 10-year Treasury climbed to 2.71 percent...
Walgreen Gets An Infusion Business
Walgreen and Omnicare announced an asset trade today, in which Omnicare will acquire Walgreen's long-term care pharmacy business, and Walgreen will acquire Omnicare's home infusion...
Government Declares War On Small Business
Image via Wikipedia Today, we revisit a recurring theme: the assault on enterprise. It was the subject of our symposium in Vancouver in July. In this episode, we look at a particularly vulnerable...
Wal-Mart Spends Money Now To Make More Later
The current Trefis stock price estimate for Wal-Mart is $65.42 , about 28% higher than the current market price of around $50. Reasons for our bullish outlook include Wal-Mart’s rapid...
Soros Makes The Kochs Look Like Political Skinflints
valid criticism that the Kochs have been anything but stealthy in their funding, which tends to undermine the title of the article, “Covert Operations.” Writers can always blame an editor...
I'll Take That Paper: Take-Two Stomps Forecasts
Take-Two Interactive Software surged past analyst estimates with earnings of $5.9 million, or $0.7 per share, compared to a loss of $56.5 million, or $0.73 per share, in the same quarter last...
Thailand's 40 Richest: Introduction
Aturbulent May looked like it would send business reeling in Thailand--in response to protester encampments, the military took over parts of the capital and more than 80 civilians were killed as...
Disney Channels Safe At Time Warner After Deal
Disney and Time Warner Cable said late Thursday they had agreed upon a long-term pact to bring Disney's ABC, ESPN, and Disney channels to Time Warner customers in New York, L.A. and other...
Questions Linger Regarding New Forex Rules
New CFTC Rules Are Not Clear Many questions remain regarding trading offshore to evade leverage and other constraints posed by the new CFTC rules. Today we try to answer a few more questions along...
Barclays Puts Lexmark At $47, Xerox At $12
This morning, Barclays lowered its price target on shares of both Lexmark and Xerox as the economy has shown weakness over the past several weeks. The firm remains bullish over the long term,...
Omnicare & Walgreen Trade Assets, Walgreen Sales Disappoint
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