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Alameda Corridor debt rating cut by Moody's
Money & CompanyCredit rating firm Moodyâs Investors Service on Wednesday sounded a warning about the debt of the Alameda Corridor Transportation Authority, the 20-mile rail route built to speed the flow of cargo from the ports of L.A. and Long Beach to...... -
L.A. City Unions Coalition questions Villaraigosa's authority to shut down services two days a week
L.A. NOWThe financial dominoes are continuing to topple at Los Angeles City Hall, with a Wall Street rating agency issuing a new downgrade of the city's credit, largely because of the Department of Water and Power's refusal to transfer $73.5 million...... -
CalPERS appears to be a willing victim
Students of the fine art of pointing fingers know that the key thing is to not make yourself look like an idiot in the process.
By that standard, the California Public Employees’ Retirement System just flunked.
In a lawsuit filed this month in...Tags: Retirement, Diseases and Illnesses, Securities, Automotive Equipment, Interior Policy
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Americans expect a recession but also survival
Los Angeles Times Staff WriterAmericans are more worried about the nation's fiscal health than they are about their own pocketbooks, with a sizable majority believing the country is on the road to recession, a Los Angeles Times/Bloomberg poll has found. The anxiety Wall Street is...Tags: Economy, Business and Finance, White House, Mortgages, Birmingham , Petroleum Industry
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Retailers in Mexico offer discounts to fight inflation
Los Angeles Times Staff WriterMexican shoppers got a big new year's gift this year: At the urging of the government, major supermarket chains this month cut prices on 300 popular items, such as powdered milk, rice, meat, eggs, soap and toilet paper. The voluntary Family Assistance...Tags: Heads of State, Consumers, Central Bank, Family, National Government
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Auto investor Kerkorian takes big stake in Ford
Los Angeles Times Staff WriterKirk Kerkorian is getting into the car business. Again. The billionaire investor disclosed Monday that he had acquired a 4.7% stake in Ford Motor Co. and launched a tender offer to acquire even more shares, raising questions about his intentions for...Tags: Activism, Companies and Corporations, Ford Motor Credit Company, Vehicles, Automotive Equipment
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A new Great Depression? It's different this time
Los Angeles Times Staff WriterDysfunctional capital markets, frantic central banks, stressed-out consumers, fear and uncertainty -- all are alarming echoes of the global economic cataclysm of the 1930s. Which raises the inevitable question: Could another Great Depression be lurking...Tags: Economy, University of California, Berkeley, Bears Stearns Cos., Credit Ratings, Pulitzer Prize Awards
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Bailing out Wall Street
There's something un-American about the government rescuing private companies that made bad bets in a competitive marketplace. It runs counter to the mythos of this land of opportunity, where the freedom to fail goes hand in hand with the freedom to...Tags: Freddie Mac, Family, Companies and Corporations, Democratic Party, Local Government
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Hurricane Ike to affect U.S. economy, but not like Katrina
Los Angeles Times Staff WriterThe economic good news about Hurricane Ike: It was no Katrina. Unlike the 2005 storm that flooded New Orleans, Ike has had a limited effect on refineries and energy exploration platforms in the Gulf of Mexico and isn't approaching Katrina's $40 billion...Tags: Consumers, Upstream Oil and Gas Activities, Companies and Corporations, Meteorological Disasters, Colleges and Universities
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Mortgage fallout felt by GOP
Los Angeles Times Staff WriterThe Bush administration's newly aggressive effort to help people facing foreclosure and shore up the troubled mortgage industry was sparked by growing concerns of an election-year recession, and the political damage that would cause, analysts said...Tags: Heads of State, Activism, Democratic Party, Merrill Lynch & Company Inc., Credit Ratings
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Ford to delay new F-Series pickups, citing the rising cost of gasoline
Los Angeles Times Staff WriterHenry Ford II was famous for saying "Big cars, big profits. Small cars, small profits." Now a better mantra for the country's second-largest carmaker might be "Big cars, no profits." Faced with crashing sales of big sport utility vehicles and...Tags: Ford Motor Credit Company, Vehicles, Death, Automotive Equipment, Petroleum Industry
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Job slump latest omen of recession
Los Angeles Times Staff WriterHopes that the economy could shake off the sub-prime mortgage mess and dodge recession grew fainter Friday as the Labor Department reported that U.S. employers last month added the smallest number of new jobs in more than four years -- driving the...Tags: Heads of State, Wages and Pensions, Mortgages, Henry Paulson, Finance
Feb 3, 2010
| Los Angeles Times
Apr 7, 2010
| Los Angeles Times
Jul 27, 2009
|Column| Los Angeles Times
Jan 25, 2008
|Story| Los Angeles Times
Jan 22, 2008
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Apr 29, 2008
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Mar 20, 2008
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Sep 21, 2008
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Sep 16, 2008
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Dec 5, 2007
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Jun 21, 2008
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Jan 5, 2008
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