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BUSINESS
October 19, 1986 | Robert Hanley
The slick brochure proclaimed that the Zoes were coming. The 1985 models of the "ultra low-cost" three-wheeled English cars, the flyer said, were "now invading the American marketplace." But the only real invasion was that of more than 99 million shares of penny stock issued by Zoe Products Inc., of Irvine. Now that stock appears to be worthless, and investors--like investors in the many other public companies that fade from sight each year--are stuck. But all is not lost.
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BUSINESS
April 12, 2009
Re: "Cash-for-clunkers bills aim to rev up auto sales," April 2: Legislation that would provide motorists cash vouchers to buy new, more fuel-efficient autos to "help save the automakers and the environment" would do a much better job of fulfilling the second -- and more important -- objective if the $3,000-to-$5,000 vouchers were offered for multi-decade or lifetime passes on any public transit system in the United States. Gregory Wright Sherman Oaks
BUSINESS
November 19, 2008 | TIMES WIRE REPORTS
Online spending for October grew at the slowest pace since at least 2001, an Internet research company said -- the latest evidence that Web shopping is being dragged down by the deteriorating economy. According to the ComScore Inc. report, online spending increased a meager 1% last month from the year-earlier period, marking the slowest sales pace for any month since the company began tracking the data seven years ago. The results exclude business from auctions, autos and travel.
CALIFORNIA | LOCAL
January 31, 1993
After reading about the 70 or so Marine aircraft being inundated at Pendleton ("O.C. Soaked, Sliding in Storms' Wake" Jan. 19), I was reminded of an incident in 1954 at Quonset Point N.A.S. A hurricane was bearing down on Rhode Island. Off-base airmen were called to move the planes. There was little time so cars were left on the Tarmac. The planes fared well, but many of the fliers' autos didn't. Shame on the Marines for not acting more resourcefully to protect the aircraft. A.A. JOHNSON Anaheim
NEWS
March 27, 1998
"Two-Wheelin' Down the Highway" (March 15) presents an interesting look at bikeways, past and future, but the first sentence seems to indicate some rather biased thinking. Apparently bicycle fanatics, those of us who believe in energy-efficient, nonpolluting, healthy means of transport, are "anarchists, rosy-cheeked environmentalists, punk couriers, thrill seekers." Conversely, I suppose, those who spend inordinate amounts of their lives paying for or driving their autos, almost surgically attached to their internal combustion engines, slaves to Big Oil and Big Auto, must be fine upstanding citizens and normal, fully functional people.
NEWS
April 28, 1989 | Clipboard researched by Kathie Bozanich, Dallas Jamison and Rick VanderKnyff / Los Angeles Times; Graphics by Doris Shields / Los Angeles Times
March, 1989 March March % 1989 1988 1989 1988 Change Year-to-Date Year-to-Date TOTAL 391,403 408,354 -4.2 1,045,825 1,074,375 PASSENGERS Departing 192,824 201,861 -4.5 517,165 533,170 Arriving 198,579 206,493 -3.8 528,660 541,205 TAKEOFFS 48,215 46,620 3.4 128,643 124,424 AND LANDINGS General Aviation 39,658 38,962 1.8 104,586 102,312 Air Carrier 5,486 5,369 2.2 15,738 15,502 Air Taxi 2,512 1,936 29.8 6,912 5,630 Military 559 353 58.4 1,407 980...
BUSINESS
December 12, 1993
Electric car enthusiasts have little to cheer about with limited demand for a $30,000 novelty ("Driving Force Behind Electric: Utilities Take on Detroit in Defending Green Rules," Nov. 24). Aside from battery cost, production of a basic electric auto should compete in the "under $10,000" range. No fuel system, no hydraulic system, no vacuum system, no cooling system or ignition, etc. Where is all the cost? Are manufacturers expecting to recoup all research expenses in their first months of limited production?
BUSINESS
August 6, 2012 | Bloomberg News
U.S. banks are relaxing their terms on credit cards and lending for autos and commercial real estate, according to a Federal Reserve survey. "Domestic banks, on balance, continued to report having eased their lending standards across most loan types over the past three months," the Fed said Monday in its quarterly survey of senior loan officers. Banks in the United States are lending the most since the recession ended in June 2009, supporting an economy burdened by 8.3% unemployment.
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