LA Business Daily

Disposable Income News

  • 22nd Annual ROTH OC Growth Stock Conference Presenter Profiles Friday, March 12, 2010 @ 8:33AMDANA POINT, Calif.----22nd Annual ROTH OC Growth Stock Conference takes place March 15 - 17, 2010 at The Ritz Carlton in Dana Point, CA.
  • China May Face ‘Massive’ Bank Bailouts After Stimulus Program Friday, March 12, 2010 @ 8:23AMIn a “worst-case scenario,” the non-performing loans of local-government investment vehicles could climb to 2.4 trillion yuan ($350 billion) by 2011, Shen Minggao , Citigroup’s Hong Kong-based chief economist for greater China, said yesterday.
  • China May Face ‘Massive’ Bank Bailouts After Stimulus (Update1) Friday, March 12, 2010 @ 8:13AMIn a “worst-case scenario,” the non-performing loans of local-government investment vehicles could climb to 2.4 trillion yuan ($350 billion) by 2011, Shen Minggao , Citigroup’s Hong Kong-based chief economist for greater China, said in a note today.
  • 7 Reasons to Worry About Next Week Friday, March 12, 2010 @ 8:05AMWatch your step on the way down next week.
  • New life in downtown Miami as condos fill up Friday, March 12, 2010 @ 8:02AMCondos in downtown Miami are no longer ghost towns as young professionals move in and drive new business to area stores and restaurants. Out of the ashes of the downtown Miami condo collapse, a bright spot is emerging: a community of full-time residents slowly starting to turn the area into a 24/7 city.
  • Italy Spending to Regain Pre-Slump Level in 2015, Retailers Say Friday, March 12, 2010 @ 7:03AMMarch 12 (Bloomberg) -- Consumer spending in Italy will take as many as five years to return to the level enjoyed before the economy entered the worst recession since World War II, retailers lobby Confcommercio said.
  • Research and Markets: Singapore Retail Report Q2 2010 Friday, March 12, 2010 @ 6:54AMDUBLIN----Research and Markets has announced the addition of the "Singapore Retail Report Q2 2010" report to their offering.
  • Research and Markets: Malaysia Retail Report Q2 2010 Friday, March 12, 2010 @ 6:46AMDUBLIN----Research and Markets has announced the addition of the "Malaysia Retail Report Q2 2010" report to their offering.
  • Poor job market hits teens the hardest Friday, March 12, 2010 @ 5:51AMShe's been searching for a part-time job at least twice a week since "forever." The pursuit has taken her to stores in the mall and shops that line the streets, sit-down restaurants and fast-food chains.
  • United Natural Foods To Adopt Hydrogen Fuel Cell Technology at Its Sarasota, FL Distribution Center Friday, March 12, 2010 @ 5:00AMComplementing its culture of social responsibility and its commitment to utilizing clean energy, United Natural Foods, Inc. today announced plans to adopt hydrogen fuel cell technology to power the lift truck fleet at its Sarasota, Florida distribution center.
  • Blame it on the bubble | Dean Baker Monday, March 8, 2010 @ 4:32PMfinancial crisis . This is wrong. We have 15 million people out of work because the housing bubble that drove the economy since the last recession finally burst. The financial crisis may have been goo...
  • Bring the NFL to Los Angeles? Porque no? Monday, March 8, 2010 @ 4:27PMJames Wagner, San Gabriel Valley Tribune, West Covina, Calif. For years, America's most popular sport, the NFL, has wanted to spread into more U.S. Latino and Mexican households.
  • 'How my habit went up in smoke' Monday, March 8, 2010 @ 4:27PMThe whale music isn't playing yet, but I sense it's on its way. At this point I'm still in sitting position in a hypnotherapy treatment room above a healthy living shop in north London, and Meira Shore, my therapist for the next hour, is taking me through a series of increasingly surreal questions. The aim is for her to find out as much as she can about my relationship with cigarettes before ...
  • Guess Isn't Washed Out Monday, March 8, 2010 @ 3:43PMLike other apparel retailers Guess was hit by the economic downturn but the company is not fading away.
  • China Banks to Rise as Government Spurs Spending, JPMorgan Says Monday, March 8, 2010 @ 3:41PMMarch 9 (Bloomberg) -- Chinese banks, insurers and airlines will rally as the government encourages individuals to spend more and save less, moving the nation toward a consumer-driven economy, JPMorgan Chase & Co. said.
  • After meeting on cell tower, she'll move from OV Monday, March 8, 2010 @ 2:55PMThe cell tower meeting in Oro Valley was a big revelation to me, as I am not familiar with the political game and how it is played.
  • Who will spend first, businesses or consumers? Monday, March 8, 2010 @ 1:13PMTo understand why jobs are so scarce, consider John McFarland and Nicole Rosen. The two share something in common: They’re reluctant to spend freely.
  • Employers vs. Consumers: Who will blink first? Monday, March 8, 2010 @ 1:12PMTo understand why jobs are so scarce, consider John McFarland and Nicole Rosen. The two share something in common: They’re reluctant to spend freely. McFarland is CEO of Baldor Electric Co. in Fort Smith, Ark.; Rosen is a consumer in Washington state. Each is earning and saving money. Yet McFarland won’t hire until consumers spend more. [...]
  • Boulder's Nitro Club celebrates first birthday, survival Friday, March 5, 2010 @ 6:49PMBoulder businessman Michael Cobb has been simultaneously called the owner of a sleazy strip club and hailed as a hero of First Amendment rights.
  • Resounding "No" expected in Iceland referendum Friday, March 5, 2010 @ 6:13PMIcelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for economic recovery.
  • Resounding "No" expected in Iceland referendum Friday, March 5, 2010 @ 6:00PMREYKJAVIK (Reuters) - Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for econo...
  • Boulder's Nitro Club celebrates first birthday, survival Friday, March 5, 2010 @ 5:37PMOn Saturday, Nitro Club is celebrating one year since receiving its liquor license, which effectively ended a long battle with the city over whether the club could continue operating in its back-alley location at 1124 Lawry Lane.
  • Chris McGrath: When, not if, Saturday comes... Friday, March 5, 2010 @ 4:17PMNow there's a novelty. A sporting showcase, coming to Britain in 2012, that might actually make a few quid. And while some of us will dependably respond with the same, supercilious dread that animates all right-thinking Britons, in contemplating a national ego trip down the precipice of Mount Olympus, it's pretty hard to argue with the market forces.
  • (AFX UK Focus) 2010-03-05 23:25 Resounding "No" expected in Iceland referendum Friday, March 5, 2010 @ 3:43PMBy Wojciech Moskwa
  • Resounding "No" expected in Iceland referendum Friday, March 5, 2010 @ 3:41PMBy Wojciech Moskwa
  • 13. Keeping the lid on house prices Friday, March 5, 2010 @ 3:35PMProperty development not only spurs the Chinese economy but also drives house buyers nuts
  • Survey: iPad may take bite out of e-book rivals Friday, March 5, 2010 @ 3:31PMA new consumer survey from ChangeWave shows that four in ten people who are thinking about buying an e-book reader are planning to get Apple's iPad.
  • Keeping the lid on house prices Friday, March 5, 2010 @ 3:17PMTHE question of when is the right time to buy a house is always on the minds of the Chinese people. But the timing varies like a roller coaster. The world’s third-biggest economy has seen itself moving back and forth in its fiscal approach to control soaring house prices over the past few years.
  • Highlights of Wen's government work report Thursday, March 4, 2010 @ 5:26PMBEIJING - China's National People's Congress (NPC), the country's parliament, started its annual full session at the Great Hall of the People in Beijing Friday morning.
  • Ng Kok Lim rebuts Halimah Yacob’s assertion that Singapore workers can afford more Thursday, March 4, 2010 @ 4:22PMDear Madam Halimah, I refer to your comments in parliament as reported by Straits Times on 4 Mar 2010. Despite the ‘puzzling’ decrease in Singapore’s gross wages from 2006 to 2009 as you have pointed out, the ball part figure is largely correct so the picture of relative income vis-a-vis other countries is still valid. Adopting the [...]
  • Talk Is Cheap Thursday, March 4, 2010 @ 4:18PMTalk is cheap, and when it comes to food expenditures in this country, that sentiment may be literally true.
  • Va. senators continue to fight Mayport plan - Navy News, news from Iraq - Navy Times Thursday, March 4, 2010 @ 4:11PMThe battle of Mayport continues. Although the Navy and the Defense Department have decided to base a nuclear-powered aircraft carrier in the north Florida port, Virginia politicians are challenging the decision — as they have for at least a decade.
  • Room for HSAs Thursday, March 4, 2010 @ 1:57PMPresident Obama is throwing a few bones at Republicans following last week’s health-care summit. But ...
  • LeMaitre Vascular Q4 2009 Record Sales $13.6mm (+12%), Op. Profit $1.2mm Thursday, March 4, 2010 @ 1:05PMBURLINGTON, Mass. -- LeMaitre Vascular, Inc. , a provider of peripheral vascular devices and implants, today announced Q4 and full year 2009 financial results. The Company posted record quarterly sales of $13.6 million, operating income of $1.2 million and increased cash of $1.7 million excluding share repurchases.
  • The Cooper Companies Announces First Quarter 2010 Results Thursday, March 4, 2010 @ 1:01PMPLEASANTON, Calif. -- The Cooper Companies, Inc. today announced financial results for the fiscal first quarter ended January 31, 2010.
  • Choosing a broker Thursday, March 4, 2010 @ 12:17PMMany yacht brokers will tell you they are middlemen, though that is much too humble a description. Good yacht brokers are tight-wire walkers, charged with doing a good job for both seller and buyer while balancing over an ethical abyss where one misstep could kill their reputations.
  • donga.com[English donga] Tuesday, March 2, 2010 @ 4:34PMA so-called economic “virtuous cycle” in which households save extra money while businesses borrow the money for investment is at risk. Households saddled with debt including mortgages have cut savings while businesses are piling up liquidity.
  • Sheriff's office reports huge increase in costly scams Tuesday, March 2, 2010 @ 3:12PMThe Lee County Sheriff's Office says they've never been so busy with reports from citizens who have fallen victim to a scam.
  • Panels vague on green jobs, power (video) Tuesday, March 2, 2010 @ 2:29PMHARTFORD — A pair of reports from legislative advisory groups released Monday contain more than three dozen recommendations on how to promote job growth in the energy-efficiency and renewable-power industries.
  • NACCO Industries, Inc. Announces Fourth Quarter and Full Year 2009 Results Tuesday, March 2, 2010 @ 2:19PMNACCO Industries, Inc. today announced consolidated net income of $42.5 million, or $5.12 per diluted share, for the fourth quarter of 2009 on revenues of $687.6 million compared with a consolidated net loss for the fourth quarter of 2008 of $428.2 million, or $51.69 per share, on revenues of $945.7 million.
  • Zacks Bull and Bear of the Day Highlights: BHP Billiton Limited, Ryder System, Inc., Macy's, Darden Restaurants and ... Tuesday, March 2, 2010 @ 2:00PMCHICAGO----Zacks Equity Research highlights BHP Billiton Limited as the Bull of the Day and Ryder System, Inc. the Bear of the Day. In addition, Zacks Equity Research provides analysis on Macy’s , Darden Restaurants and DISH Network Corp. .
  • Gordon Gekko loves used games Tuesday, March 2, 2010 @ 1:15PMAlways on the lookout for game deals, yesterday I joined the flock of vultures picking on the festering carcass of my local Hollywood Video store. I was greeted by a huge sign: “Store Closing! Everything Must Go!” Knowing that they rent (or used to rent) video games, I decided to see what [...]
  • Long-term vision in Pranab proposals Tuesday, March 2, 2010 @ 1:10PMThe budget cannot be a mere statement of accounts, finance minister Pranab Mukherjee said on Friday. Budget 2010 went a step forward and laid out a plan for the next two years to bring down fiscal deficit to 4.1 per cent from 5.5 per cent now.
  • Budget a mixed bag for insurance industry Tuesday, March 2, 2010 @ 12:34PMThe insurance sector, while reacting to the Budget announcements made last week by finance minister Pranab Mukherjee, iterated its demand of increasing the FDI limit and...
  • Ceylinco Life ends 2009 on top Tuesday, March 2, 2010 @ 11:40AMReleasing its unaudited figures Ceylinco Life said its Life Fund grew 20.3 percent to Rs 25.6 billion, an increase of Rs 4,321 million during the year. Investment income has grown by 28.4 percent to Rs 3,350 million. The company’s Gross Written premium has exceeded Rs 7.5 billion.
  • Janashakthi posts impressive profits Tuesday, March 2, 2010 @ 11:39AMJanashakthi Insurance PLC has recorded an impressive 46 percent growth in net profit after tax reaching Rs 657 million during the financial year 2009. The company has attributed its success to the growth of sales despite challenging market conditions, successful cost management, a significant reduction of borrowing and financing costs and a positive achievement in relation to Debtor management.
  • South Africa : Power Bills Will be Passed on Through Retail Prices Thursday, February 25, 2010 @ 1:17AMJohannesburg — BE AFRAID, consumers. Be very afraid. Yesterday's announcement that Eskom can raise electricity tariffs by an average of 25% in each of three successive years from April will saddle retailers with cost rises they have no choice but to pass on.
  • UAE a major hub of Japanese exports to the region Thursday, February 25, 2010 @ 1:00AMDubai, UAE: A recent study released by the Dubai Chamber of Commerce & Industry, indicated that Japan's exports to the UAE started to recover by the end of the year 2009 as the UAE is one of the largest markets of Japanese products in the Middle East. The study further revealed that from a total export value of ¥ 230 bn or a share of 10% to Japan's total exports to the region in 1979, Japanese ...
  • Panel talks health care at forum Thursday, February 25, 2010 @ 12:07AMThe Econometric Center and the Small Business Development Center at the Coles College of Business presented a Health Care Town Hall Forum Thursday. The forum was designed to address the complex nature of the health care industry. Dr. Donald Sabbarese, director of the Econometric Center, moderated the event. The panel of guests included Tobin Watt, a practicing health [...]
  • 'Food Check-Out Week' spotlights healthy eating on a budget Wednesday, February 24, 2010 @ 10:40PMMary Cox, Coles County Farm Bureau As the economic squeeze continues, many Americans remain concerned that the cost of a healthy diet is out of reach. However, according to an agriculture department study, the cost of eating healthy hasn’t changed as much as some less-healthy alternatives. Eating healthy food while on a budget does require smart shopping.