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2011 Year

December 24, 2013 | By Salvador Rodriguez
Two technologies acquired by Apple earlier in 2013 were revealed this week: BroadMap and Catch. Apple's acquisitions were reported by 9to5Mac and later confirmed by Apple to AllThingsD . BroadMap specialized in mapping data; Catch was a cloud-based note-taking app. In the case of BroadMap, Apple acquired the company's team and technology but not the actual company or its name. The BroadMap deal likely occurred in the first half of 2013, and Apple may be using the firm's technology to improve Apple Maps, according to 9to5Mac.
March 12, 2012 | By Tiffany Hsu
PepsiCo  Inc., the international food and beverage giant that owns Tropicana, Gatorade, Frito-Lay and other brands, shuffled some of its top management positions in an attempt to create a line of succession behind current chairman and chief executive Indra K. Nooyi. Brian Cornell, recently chief executive of Wal-Mart Stores Inc.'s Sam's Club division, is returning to the fold as chief executive of PepsiCo Americas Food. He's replacing John Compton, who will take on the new position of president of PepsiCo.
October 9, 2010 | By Grahame L. Jones
If there is one thing that Chivas USA has learned in 2010, it is that the team needs to be better in 2011. Year-end awards, in other words, will be thin on the ground when the Major League Soccer regular season comes to a close in two weeks. Having failed to reach the playoffs for the first time in five years and having won only eight games, including Saturday night's 3-0 victory over Toronto FC in Carson, Chivas USA requires a substantial makeover. Part of that will come about naturally, with the departure, for instance, of U.S. national team defender Jonathan Bornstein, who is joining the UANL Tigres in Mexico, and the likely retirement of a player or two. The team features a trio of 30-somethings in all-star goalkeeper Zach Thornton, 36, and defenders Ante Jazic, 34, and Alex Zotinca, 33. Any or all of them might decide to call it a career.
April 8, 2011 | By James Oliphant and Lisa Mascaro, Washington Bureau
As the countdown clock toward a deal to avert a federal shutdown neared zero, and for all the talk of reducing the size of government and scaling back federal spending, Democrats complained Friday that House Republicans were again fixated an age-old sticking point: Abortion. "Republicans want to shut down the government because they want to make it harder for women to obtain the health services they need," Sen. Harry Reid, the majority leader, said Friday on the Senate floor. At issue is a provision, known as Title X, that sends federal dollars to Planned Parenthood for family planning and health services such as cancer screenings.
January 27, 2012 | By Ronald D. White
There are still many billions of dollars to be made in the old oil patch, even with the world far more focused on alternative and renewable sources of energy. But the business of refining that oil into various fuels is still a hard way to make a buck. That's one of the lessons investors might draw from Chevron Corp.'s fourth-quarter earnings report, released Friday. The San Ramon, Calif.-based oil giant raked in a net profit of $5.12 billion, or $2.58 a share. But losses in its refinery business during the period meant its profit fell below both its 2010 fourth-quarter performance and Wall Street expectations.
October 11, 2012 | By Dalina Castellanos, Los Angeles Times
Small businesses in the Western region that includes California took out more U.S.-backed loans than ever during the government's last fiscal year, but they didn't spend much of it in a way that generated new jobs, analysts said. The Small Business Administration said companies in the region, which also covers Arizona, Nevada, Hawaii and Guam, borrowed $6.7 billion in loans guaranteed by the agency. Firms in Los Angeles, Ventura and Santa Barbara counties took out loans totaling $1.5 billion, which the SBA called a "robust" amount.
March 31, 2011 | By Lisa Mascaro, Washington Bureau
Former House Speaker Newt Gingrich said Thursday that congressional Republicans should hold out for the $61 billion in budget cuts in their House-passed bill rather than compromise with Democrats on fewer reductions for the rest of the 2011 fiscal year. Ever the party strategist, the presumed GOP presidential hopeful said Republicans should use the days leading up to next week's possible federal government shutdown to target Democrats for opposing such reductions. The Senate, controlled by Democrats, rejected the House bill.
December 27, 2011
The Early Show (N) 7 a.m. KCBS Today Biggest stories of 2011; New Year's parties; financial resolutions; "The Biggest Loser Cookbook. " (N) 7 a.m. KNBC KTLA Morning News (N) 7 a.m. KTLA Good Morning America (N) 7 a.m. KABC Good Day L.A. (N) 7 a.m. KTTV Rachael Ray A star-studded hour of surprises. 8 a.m. KCAL Live With Kelly Neil Patrick Harris; Heidi Klum; Garrett Hedlund; Jayma Mays. (N) 9 a.m. KABC The View Eric Stonestreet. 10 a.m. KABC The Talk Ana Gasteyer; Martina McBride.
July 15, 2013 | By Ricardo Lopez
The nation's largest public pension fund, the California Public Employees' Retirement System, posted a 12.5% return on its investment portfolio in the fiscal year that ended June 30. The fund's assets stand at nearly $258 billion, according to Chief Investment Officer Joseph Dear, who reviewed the figures Monday at a meeting of the system's governing board. The gains were led by strong returns in the global public equity and real estate investments, officials announced Monday.
May 4, 2012 | By Shan Li
Shares of surf-and-skate retailer Tilly's Inc. jumped on the first day of trading in the company's initial public offering. The Irvine company's stock climbed 10% on Friday to close at $17.07, a sign of confidence for a retailer jostling for the same youth shoppers as rivals Zumiez Inc. and Pacific Sunwear of California Inc. Tilly's surprised Wall Street by pricing its IPO at a higher-than-expected $15.50 a share Friday. That topped the planned range of $11.50 to $13.50 a share and pointed to healthy demand for the stock.
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