October 20, 2013 |
Spending on business travel is expected to surge in 2014, a sign of continuing confidence in the American economy, an industry group said. But the rosy business outlook could be marred by further feuding in Washington that leads to another government shutdown. The message of caution came from a forecast released last week by the Global Business Travel Assn., the Virginia-based trade group for corporate travel managers. Based on business indicators, the group predicted $288.8 billion in spending in the U.S., a 7.2% increase over 2013.
October 19, 2013 |
What was on the runway in the two-plus weeks of spring 2014 fashion shows in Los Angeles was as varied as the venues themselves, which ranged from the entertainment complex L.A. Live downtown to the Grove, some seven miles to the west. One of the standout events was the Los Angeles Fashion Council's two days of runway shows held for the first time at the Grove. Staged in the center of the outdoor mall's park area, where the Christmas tree sits each holiday season, the event showcased eight designers.
October 18, 2013 |
MEXICO CITY - It may soon cost more to get fat in Mexico. New taxes on high-calorie foods and sugary drinks were approved by Mexico's lower house of Congress in a marathon 18-hour session that ended Friday, and are likely to become law. They are part of a broader package of taxes and other fiscal changes proposed by President Enrique Peña Nieto aimed at generating nearly $20 billion for the national treasury. Mexico has one of the world's highest rates of obesity, recently surpassing the United States, and health experts applauded higher prices for chips, candy and other chatarra , or junk food.
CALIFORNIA | LOCAL
October 18, 2013 |
This post has been corrected. See note at bottom for details. Maybe you've heard about the beloved local ice cream company that's been forced to close its doors because of Obamacare? Earlier this week, Newt Gingrich shared the dreadful news with Sean Hannity on Hannity's radio show. It's awful, just awful, the two men agreed, that small businesses are being driven under by the “job-killing” Affordable Care Act. It didn't take me long to identify the company: Bonnie Doon Ice Cream Corp., an Indiana ice cream maker that also operated a chain of drive-in diners in Mishawaka, South Bend and Elkhart.
October 17, 2013 |
SAN FRANCISCO - Google Inc.'s quarterly results topped Wall Street expectations as the technology giant continued to grow its mobile advertising business, propelling its shares into record territory. The company keeps minting money despite investors' worries that its search advertising business will take a tumble as consumers spend more time on mobile devices, on which ads are cheaper and less effective than on desktop computers. As with competitors Facebook Inc. and Yahoo Inc., Google has come under pressure from investors as more consumers access the Internet from smartphones and tablets.
October 17, 2013 |
WASHINGTON - In the grand scheme of the $16-trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss at tens of billions of dollars, and reckon that much of that will be recouped in the next quarter. But the extent of the economic harm goes well beyond what can be immediately tallied: lost business deals and disrupted research; a hit to consumer confidence; and what many see as permanent damage to U.S. credibility around the world.
October 13, 2013
Question: I recently had to fly to Northern Ireland after my brother's death and had my travel agency make the reservation. I was booked on British Airways, arriving at 10 a.m. in one terminal and connecting to a flight at 11:15 a.m. in another. I made it with seconds to spare. On the return trip, the flight was 30 minutes late leaving, ran into air traffic upon arrival, and I missed the connection. The travel agency said the airlines set the times, and I've contacted British Airways and am awaiting a reply.
October 13, 2013 |
For most of its 33-year history, Rentech Inc. tried to make money on green fuel development. But like its plans to sell synthetic diesel to major airlines in 2009, those efforts never really left the ground. Now, the Los Angeles company is on a different course. It's profiting from a nitrogen fertilizer business near the U.S. Corn Belt. A second nitrogen fertilizer plant in Pasadena, Texas, bought for $158 million last year, is boosting export sales to Brazil, New Zealand and Canada.
October 12, 2013
Re "Garcetti favors familiar faces," Oct. 10 This article is worthy of being turned into a "Seinfeld" episode - because it's about nothing. L.A. Mayor Eric Garcetti is picking the team that will help him enact his policies. He must choose people he knows will do that. After Mayor Tom Bradley was elected in 1973, I collected resumes for his administration. Because of the historic nature of that election, its results were known worldwide. We received several hundred applications from all over the world, from Tarzana to Tanzania.
October 11, 2013 |
The mild weather and cool temperatures of October make it one of the busiest months for rock climbing guides Seth Zaharias and his wife, Sabra Purdy. This time of year they're usually leading climbers up massive boulders and sheer canyons in Joshua Tree National Park. Then the government shutdown closed national parks Oct. 1. The couple now spend their day writing refund checks to dejected clients. In the first week of the shutdown, Zaharias estimates, he lost $2,500 in revenue.