January 24, 2013 |
Hanmi Financial Corp. of Los Angeles said its profit more than doubled to $14 million in the fourth quarter as regulators lifted 3-year-old orders requiring the parent of Hanmi Bank to raise more capital. The end of enforcement actions by state bank regulators and the Federal Reserve enables Hanmi, once the largest of the many Koreatown-based banks, to focus on arranging a financial marriage for itself, Chief Executive Jay S. Yoo said in announcing the earnings Thursday morning.
November 15, 2011 |
Another dollar retail chain is looking to cash in on California. One of the nation's largest chains of dollar retailers, Family Dollar Stores Inc., will open its first stores in the state Thursday, stepping into the home turf of rival 99 Cents Only Stores Inc. The four shops — located in Fontana, Riverside, Ontario and Rialto — are the first step in a major push into California by the North Carolina company, which plans to open up to...
February 22, 2013 |
WASHINGTON - Although the housing market is rebounding in many local markets, one important segment is not: First-time buyers are missing in action and represent a smaller proportion of overall sales activity than their historical norm. Whereas first-timers typically account for roughly 40% of sales, lately they've been involved in about 30% to 35%, depending on the source of the data. Lawrence Yun, chief economist for the National Assn. of Realtors, estimates that there were 2.2 million fewer first-time buyers in the United States between 2008 and 2012 - a deficit of about 450,000 a year.
August 30, 2012 |
If you're planning on stocking up on tomato soup in the next few weeks, you'll be able to bring home a little bit of Andy Warhol to your pantry. Campbell's said Wednesday that a new limited-edition line of Warhol-themed condensed tomato soup cans will go on sale starting Sept. 2 at most Target stores across the country. The cans, priced at 75 cents each, are intended to celebrate the 50th anniversary of the pop artist's first paintings of the familiar soup cans. PHOTOS: Turning 50 in 2012 The soup will come in a variety of intensely colored cans meant to mimic Warhol's pop-art style.
June 2, 2012 |
Theme park attendance rose nearly 3% in North America last year, according to a new report. But about half of that increase was because of one attraction — the Wizarding World of Harry Potter, which opened at Universal's Islands of Adventure park in Orlando, Fla. None of the major theme parks makes its attendance records public, but annual estimates are made by AECOM, a Los Angeles engineering and consulting firm. Those figures were used in a report released by the Themed Entertainment Assn.
CALIFORNIA | LOCAL
January 14, 2010 |
Hundreds of students attending Beverly Hills schools will have to find new campuses in the fall after a unanimous school board vote late Tuesday ended special permits for many children who live outside the city. Following more than four hours of debate that lasted until almost midnight, the board agreed to allow all current high school students to continue applying for permits each year, an action that won applause from a packed, emotional but civil crowd at Beverly Hills High. Seventh graders will be allowed to graduate from middle school next year.
October 26, 2011 |
European brands are the least reliable vehicles sold in the U.S., according to rankings for the 2011 model year. So if these vehicles all perform so poorly in the reliability ratings, why do people continue to buy them, often paying the price of two cars for one vehicle? "Snob appeal," said David Champion Sr., director of Consumer Reports' Automotive Test Center in East Haddam, Conn. Champion, who drives hundreds of car models annually, concedes that many of these brands also share another quality.
February 15, 2013 |
Robbie Rogers said he had to choose between being a soccer player or being himself. He ultimately chose to be himself, stepping away from his sport Friday in a powerful blog post in which he revealed he is gay. "I always thought I could hide this secret," wrote Rogers, 25, a former Mater Dei High standout who played five seasons in Major League Soccer and had 18 appearances with the U.S. national team. "Football was my escape, my purpose, my identity. Football hid my secret, gave me more joy than I could ever have imagined.
June 18, 2010 |
The California State University Board of Trustees on Friday approved a 5% fee increase for undergraduate students for the fall, taking action at a special board meeting in Long Beach. The fee hike translates to a $204 increase for full-time undergraduates, bringing the total university fee to $4,230 for the 2010-2011 academic year. Including campus fees, the cost for an undergraduate to attend a Cal State campus would rise to $5,097. The trustees also increased fees for graduate business and professional degree students by 5%. They also approved a 10% fee increase for doctoral education students and eliminated a cap on non-resident tuition for out-of-state students.
November 7, 2011 |
The federal government recorded a $1.3-trillion budget deficit in the 2011 fiscal year, roughly even with the previous year's shortfall. An analysis from the nonpartisan Congressional Budget Office released Monday showed that federal government took in $2.3 trillion while spending $3.6 trillion. Receipts increased at a faster rate than the growth in spending -- 6.5% versus 4.2%, respectively. The deficit as a share of the national economy actually decreased slightly from 9% to 8.7%, though that figure was still the third-highest since World War II. The analysis comes as congressional negotiators are working to meet a Thanksgiving deadline to put forward a plan to slash long-term deficits by $1.5 trillion.