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2011 Year

BUSINESS
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.
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BUSINESS
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.
NEWS
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.
NEWS
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.
ENTERTAINMENT
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.
ENTERTAINMENT
June 11, 2012 | By David Ng
The Tony Awards on CBS has solidified its position as the lowest-rated broadcast of the major entertainment awards shows. Sunday's broadcast of Broadway's biggest night brought in just 6 million television viewers, according to preliminary figures from Nielsen. That's down from 6.9 million viewers in 2011. Last year's telecast was hurt by the NBA finals, but Sunday's ceremony didn't face any such competition for viewers. The Associated Press reported that Sunday's telecast was the second-lowest-viewed Tony Awards since 1988.
BUSINESS
March 30, 2012 | By Tiffany Hsu
The nation's huge bounty of corn keeps expanding, with farmers this spring expected to plant the largest crop of the versatile food in 75 years, according to a government report. Cornstalks will sprawl over 95.9 million acres, according to the U.S. Department of Agriculture . That's a 4% jump from last year and the largest area planted since the 97.2 million acres claimed by corn in 1937. It's also more than 985,000 Mall of Americas, more than 27,000 Los Angeles International Airports and nearly the full acreage of California.
NEWS
March 17, 2011 | By Michael A. Memoli, Washington Bureau
The Senate on Thursday approved a spending measure that keeps the federal government open for three more weeks, likely the final short-term resolution before Congress and the White House must agree on a final budget for the fiscal year. The vote was 87-13 to approve the bill, which brings to $10 billion the total amount cut from 2010 spending levels. Like the similar vote in the House on Tuesday, the legislation generated greater opposition from increasingly vocal conservative Republicans eager to see cuts on par with the $60-billion figure that the lower chamber approved last month.
SPORTS
August 22, 2013 | By Melissa Rohlin
Allen Iverson, 38, is prepared to officially announce his retirement in the coming days, according to Slam Online. Iverson, an 11-time All-Star, has not played in the NBA since the 2009-2010 season, and he has not played professionally since a stint with a team in Turkey in 2011. Last year Iverson turned down an offer to play for the NBA Development League, and, in March, he said during his bobblehead night at a Philadelphia 76ers game that he wanted to return to the NBA. Recently Iverson has been in the news for his troubles outside of basketball, including his financial struggles.
BUSINESS
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.
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