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2009 Year

BUSINESS
January 9, 2012 | By Lauren Beale, Los Angeles Times
Former model Nicole Murphy and football analyst Michael Strahan have listed their house in a gated community in Brentwood at $6.95 million. Designed for entertaining, the contemporary Mediterranean features two dens, a wet bar, a theater room, a wine cellar, an elevator, six bedrooms and eight bathrooms in 9,200 square feet. The master suite includes a sitting area, fireplace, dual bathrooms, dual closets and a balcony. A deck overlooks the swimming pool, spa and yard. Murphy, 43, was married to comedian Eddie Murphy from 1993 to 2006.
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BUSINESS
October 11, 2009
Weekly survey of 20 Orange and L.A. County lenders as of 10/7/2009 Compiled by HSH Associates, Financial Publishers; www.hsh.com -- Loans to $417,000 Week ended Week ended Week ended -- 10/7/2009 9/30/2009 4/8/2009 30-year fixed 5.03%+0.28pt 5.07%+0.34pt 5.07%+0.20pt 15-year fixed 4.60%+0.25pt 4.57%+0.37pt 4.80%+0.25pt $417,000 and up 30-year fixed 5.85%+0.48pt 6.00%+0.48pt 6.62%+0.40pt 15-year fixed 5.65%+0.48pt 5.56%+0.58pt 6.40%+0.25pt Home equity lines 5.81% 5.81% 5.62% Home equity loans 8.89% 8.89% 8.96% 6-month LIBOR 0.60% 0.63% 1.69% 1-year Treasury 0.39% 0.41% 0.58% 6-month Treasury 0.17% 0.20% 0.42% 6-month CD 0.32% 0.35% 1.69% Prime rate 3.25% 3.25% 3.25% 11th District 8/2009 7/2009 2/2009 cost of funds 1.412% 1.473% 2.003% --
BUSINESS
May 18, 2010 | By Susan Carpenter, Los Angeles Times
There are signs the economy is getting better, but not when it comes to motorcycles and scooters. Even though they're often more economical to operate than a car, the two-wheeled vehicles saw their sales decrease in the first quarter of 2010, continuing a drop-off for the industry after a disastrous 2009. Sales of motorcycles and scooters were down 4.6% in the quarter compared with the same period a year earlier, according to the Irvine-based Motorcycle Industry Council trade association.
CALIFORNIA | LOCAL
December 11, 2010 | By Bob Pool, Los Angeles Time
Yolanda Holder walked off this week with a world marathon record. Now the 52-year-old Corona homemaker who power-walked her way through 101 races this year is eyeing a second world title. Holder crossed the finish line at Sunday's 26.2-mile Rock 'n' Roll Marathon in Las Vegas to earn a spot in Guinness World Records as the most persistent female foot-racer anywhere. The previous women's record was set by an Italian who competed in 100 marathons in 2002. Holder's achievement was no stroll in the park, she concedes.
BUSINESS
June 29, 2011 | By Walter Hamilton, Los Angeles Times
Citing "morally reprehensible" conduct by Wedbush Inc., an arbitration panel has ordered the Los Angeles securities firm to pay a former bond trader $3.5 million in withheld compensation. Stephen Kelleher, who won the award, alleged in his complaint that company Chairman Edward Wedbush had personally withheld pay from many high-level staff members in recent years. "This guy has been doing this to a lot of people for a long time," Kelleher said in an interview Tuesday. John Stenson, a lawyer for the company, declined to comment on the ruling except to say the firm would appeal it. Several current and former employees of Wedbush have brought legal actions over compensation issues.
BUSINESS
January 24, 2012 | By Marc Lifsher, Los Angeles Times
The nation's largest public pension fund, the California Public Employees' Retirement System, posted a 1.1% return on its investment portfolio in 2011, Chief Investment Officer Joseph Dear told his board. The 2011 performance was well below the estimated average annual return of 7.75% that the fund's actuaries say is needed to meet current and future obligations to its members. The $229.5-billion CalPERS provides retirement and other benefits for 1.6 million state and local government employees and their families.
OPINION
May 13, 2002
The state Legislature can strike a modest, reasonable blow against global warming by passing the final version of a program for cutting emissions of carbon dioxide from autos, pickups and sport utility vehicles. Carbon dioxide is the chief greenhouse gas implicated in global warming. AB 1058, by Assemblywoman Fran Pavley (D-Agoura Hills), passed the Assembly earlier and won approval in the Senate last week. Now it's back to the Assembly for ratification of Senate amendments as early as today.
BUSINESS
February 4, 2005 | From Bloomberg News
A group representing Honda Motor Co. and Nissan Motor Co. joined a lawsuit meant to halt California's plan to curb car and truck emissions of gases linked to global warming, uniting every major automaker in opposition to the program. The Assn. of International Automakers, which lobbies on behalf of Honda, Nissan, Hyundai Motor Co., Kia Motors Corp. and Mitsubishi Motors Corp., said Thursday that it was joining a suit filed Dec.
BUSINESS
February 19, 2009 | Times Wire Reports
Hewlett-Packard Co.'s fiscal first-quarter profit dropped 13%, and sales ticked up just 1%, as even the technology company's cash-cow printer ink business was hobbled by the recession. The world's top seller of personal computers also cut its fiscal 2009 guidance, but it was still in line with Wall Street's expectations. HP shares fell $1.08, or 3.2%, to $33 in extended trading, after closing down 26 cents at $34.08 during the regular session before the Palo Alto company reported its earnings.
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