Latest News

  • Koreatown's Hanmi Bank halts dividend to conserve cash
    Category: Business    Publish Date: 08-29-2008 01:48 PM -0700
    Blog: The move is another sign of stress in the Southland banking system as loan troubles grow [more]


  • Boeing machinists union says members should strike
    Category: Business    Publish Date: 08-29-2008 01:32 PM -0700
    CHICAGO (Reuters) - Boeing Co's largest labor union said on Friday it would advise its members to reject the company's final contract proposal, a move that could set the stage for a crippling...[more]


  • Stocks end lower on personal income data
    Category: Business    Publish Date: 08-29-2008 01:27 PM -0700
    NEW YORK -- Stocks tumbled today after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial...[more]


  • Stocks tumble as Dell warns on tech spending
    Category: Business    Publish Date: 08-29-2008 01:23 PM -0700
    NEW YORK (Reuters) - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending. [more]


  • Palin, drilling advocate, spars with oil companies
    Category: Business    Publish Date: 08-29-2008 01:14 PM -0700
    NEW YORK (Reuters) - Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a hard line in...[more]


  • Facebook the movie based on Facebook the book?
    Category: Business    Publish Date: 08-29-2008 01:11 PM -0700
    Blog: Speculation about the new Facebook movie penned by Hollywood scribe Aaron Sorkin has reached epic levels. Now a report says the film will be based on an upcoming book by "Bringing Down the...[more]


  • Gulf Coast gas prices spike
    Category: Business    Publish Date: 08-29-2008 01:07 PM -0700
    Gas prices jumped overnight - and are expected to keep rising - in states along the Gulf of Mexico as offshore oil rigs prepare to abandon ship ahead of Hurricane Gustav on Friday. [more]


  • Oil closes lower, despite storm
    Category: Business    Publish Date: 08-29-2008 01:06 PM -0700
    Despite Hurricane Gustav's threat to infrastructure in the Gulf of Mexico, oil prices fell from an earlier rally Friday as the dollar gained traction against the euro. [more]


  • Gustav: What's at stake
    Category: Business    Publish Date: 08-29-2008 01:05 PM -0700
    The Gulf of Mexico is home to 4,000 drilling platforms and 33,000 miles of pipeline, which send 1.3 million barrels a day to the Gulf Coast's 56 refineries. But a hurricane threatens to deal a...[more]


  • It's all cheap at 99 Cents Only, except the stock
    Category: Business    Publish Date: 08-29-2008 12:57 PM -0700
    Blog: A rally in the shares has made them pricey compared with expected earnings per share [more]


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