as of
DJIA
10318.16
-14.28
11/20/2009
NASDAQ
2146.04
-10.78
11/20/2009
S&P500
1091.38
-3.52
11/20/2009
QUOTE:

Golf courses suffer as recession deals a bogey

From his backyard, Joseph Leggett used to look out over the green, manicured fairways of the Palm Desert Country Club golf course.

Electric-car maker Tesla said to be planning stock offering

Will investors get charged up over a stock offering by California electric-car maker Tesla Motors Inc.?

Afternoons without Oprah

Oprah Winfrey told her audience Friday that she had made up her mind to end her hit daytime talk show in September 2011 "after much prayer...

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California gains jobs, but unemployment still rises to 12.5%

California gains jobs, but unemployment still rises to 12.5%

California employers added workers to their payrolls in October for the first time in more than a year, but the state's unemployment rate ticked...

Happy feat in strappy heels

Happy feat in strappy heels

Eight hours of practice and an utter lack of common sense have brought me here, poised to descend 19 steep steps to the ballroom floor of "Dancing...

Candy Spelling stands firm on $150-million asking price

Candy Spelling stands firm on $150-million asking price

Eight months ago when Candy Spelling, widow of legendary TV producer Aaron Spelling, put her 4.7-acre estate in Holmby Hills up for sale, the $150-...

In a low-rate world, here's how savers can help themselves

You'd think that $10 trillion would merit a little more respect.

Complaints against airlines fall sharply

Complaints against airlines fall sharply

After hearing Jim Engle of Sierra Madre talk about the headaches he and his wife endured on a round trip from Burbank to Detroit on American...

'New Moon' eclipsing two box-office records

'New Moon' eclipsing two box-office records

"The Twilight Saga: New Moon" was on course to break two box-office records in one day.

Growth of counterfeit drugs sparks international response

Growth of counterfeit drugs sparks international response

In highly orchestrated raids around the world this week, Interpol officers in Europe, drug agents in the United States and task forces from Sweden...

Comcast plan to take control of NBC Universal hits snag

Comcast Corp.'s plan to take control of NBC Universal has encountered a roadblock.

Sinking short-term Treasury yields aren't a sign of panic this time

Uncle Sam is getting yet another break on the cost of borrowing. Suddenly, cash is again fighting to get into the haven of shorter-term Treasury...

Under speculators' influence, gold sales lag while prices soar

Gold remains in a powerful bull market as measured by prices in the futures market, where speculators can run rampant.

Business Briefing

INTERNATIONAL

Stocks fall for 3rd day as dollar strengthens

Stocks fall for 3rd day as dollar strengthens

Stocks fell for a third straight day Friday as a drop in the price of oil depressed shares of energy and raw-material producers and a pair of...

Getting a charge out of Nissan's Leaf

Getting a charge out of Nissan's Leaf

This thought came to me as I was piloting the Nissan Leaf electric vehicle prototype around Dodger Stadium last Friday: When gasoline-powered cars...

Recession is in play at California's tribal casinos

Recession is in play at California's tribal casinos

This is what a recession looks like at Southern California's tribal casinos: Nearly every seat at the 25-cent slot machines is filled. Gamblers wait...

Foreclosures will keep rising through 2010, report says

Foreclosures will keep rising through 2010, report says

Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said...

Ailing Lakeside doctors group rescued by Heritage of Northridge

Ailing Lakeside doctors group rescued by Heritage of Northridge

A major physicians group in the San Fernando Valley, struggling with the rising cost of medical care, has joined another Southern California...

CalPERS board members endorse new lobbying rules

CalPERS board members endorse new lobbying rules

Board members at California's huge state pension fund offered support Thursday for a plan to register as lobbyists the controversial middlemen hired...

'New Moon' may shine bright at box office

'New Moon' may shine bright at box office

Edward and Bella are set to take the second-biggest bite of the year out of the box office.

House panel backs audits of Federal Reserve

House panel backs audits of Federal Reserve

A House committee voted overwhelmingly Thursday in favor of a measure opposed by the Obama administration that would subject the Federal Reserve to...

Shareholders approve DirecTV spinoff

Shareholders approve DirecTV spinoff

Shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty Media Corp.'s entertainment businesses, as the...

7 accused of investment fraud in Inland Empire

Three Riverside County businessmen and four associates were criminally charged Thursday after prosecutors said they sold false investments and...

Google gives public a peek at Chrome OS

Google Inc.'s new Chrome operating system, which is designed to bypass computer hard drives and work totally by way of an Internet connection, got...

California median home sale price rose in October

California median home sale price rose in October

California home prices edged higher last month as first-time buyers took advantage of a federal tax credit and foreclosure properties made up a...

After Wells Fargo settlement, a spat over who gets the credit

After Wells Fargo settlement, a spat over who gets the credit

Who deserves credit for forcing Wells Fargo & Co. to buy $1.4 billion in troubled securities from small investors?

AOL plans to cut a third of workforce through buyouts

AOL plans to cut a third of workforce through buyouts

AOL said Thursday that it planned to reduce its workforce by a third over the next several months.

State's school funding process is failing

State's school funding process is failing

Anyone who has spent time in or around government, from the deeply embedded bureaucrat to the young policy wonk, knows that there are two important...

California approves new standards on energy-hungry TVs

California approves new standards on energy-hungry TVs

California is putting big-screen television sets on a diet.

U.S. in standoff with Beijing over Chinese currency

U.S. in standoff with Beijing over Chinese currency

As President Obama's trip to Beijing proved, the days when U.S. leaders could jawbone China into making major changes in economic policy appear to...

Wells Fargo to buy back bonds to settle fraud lawsuit by California

Wells Fargo to buy back bonds to settle fraud lawsuit by California

More than two years after he put the bulk of his savings into a supposedly secure investment account at Wells Fargo & Co., Gus White will finally...

House panel OKs granting of bank breakup power

House panel OKs granting of bank breakup power

A House committee voted Wednesday to give the government extraordinary new power to break up large financial firms that pose a potential risk to the...