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CALIFORNIA | LOCAL
January 15, 1996
If the current frenzy of corporate downsizing continues unabated, who will be left to purchase the goods and services? R. J. EVANS Santa Monica
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BUSINESS
January 24, 2014 | By W.J. Hennigan
Nearly a quarter of a century after it began, one of the largest legal disputes in defense industry history was finally settled with two major weapons makers agreeing to pay the federal government $400 million in goods and services. The U.S. Court of Federal Claims in Washington on Thursday dismissed the lawsuit, filed in 1991, after Boeing Co. and General Dynamics Corp. agreed to provide so-called in-kind consideration, valued at $200 million each. "We are closing a 23-year-long chapter in the annals of naval aviation and further strengthening, through the contractors' in-kind payment, the Navy's capabilities and capacities," Secretary of the Navy Ray Mabus said.
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BUSINESS
November 1, 1987
James H. Vogt, vice chairman of Engineered Systems & Development Corp., will assume the additional duties of chief executive officer of the company. John Vislocky, former chief executive, will retain his position as president and will focus on marketing the company's goods and services. Headquartered in San Jose, Engineered Systems & Development is dedicated to the design and manufacture of automated machine systems.
BUSINESS
January 7, 2014 | By Don Lee
WASHINGTON - U.S. exports rose to a record high in November, helping to shrink the nation's trade deficit to the lowest in four years. The surprisingly positive trade report Tuesday adds to the upbeat outlook for the economy. With net exports stronger than expected, analysts revised higher their economic growth forecast for the fourth quarter, saying it will likely come in at a solid annual rate of about 3%. The Commerce Department said the U.S. trade deficit in goods and services with the rest of the world totaled $34.3 billion in November.
CALIFORNIA | LOCAL
July 4, 1997
Once again, Rupert Murdoch is right, with his reasons why most-favored-nation status should be continued with China (Commentary, June 24). For the first time in almost half a century, China is now seriously open for business to the Western world. Americans stand to make great fortunes selling Western-style goods and services to over a billion people. They will gobble up American materialism. With global communication the way it is, there is no power in China that can hold down the bamboo curtain that has cut off views to the lifestyles America has to offer.
CALIFORNIA | LOCAL
April 5, 2001
I think Bush's plan to return some money to the taxpayers because we have been overtaxed is a splendid idea. If you're charged too much for goods and services, it's only fair that some of the money should be returned. Because of his concern for the public and fairness, I'm sure he will next insist on rebates from the oil industry. Maybe the two rebates can get the economy going again. BROOKS W. WILSON Fallbrook
NEWS
June 6, 1989 | From Associated Press
President Ibrahim Babangida on Monday said he will not abandon his tough economic policies despite widespread rioting caused by price increases. Speaking at the opening of the Armed Forces Consultive Assembly in Nigeria's new capital, Babingida said there is no viable alternative to the new economic program. Austerity measures instituted recently by the military government were demanded by Western creditors and have led to sharp price boosts for some basic goods and services.
BUSINESS
May 2, 1994 | From Times Staff and Wire Reports
GNP Soars on Economic Boom: Booming business and high-powered economic growth have almost doubled Thailand's per-capita gross national product in six years, according to a central bank report. GNP per person in Thailand at the end of 1993 was $2,100 (it was $1,100 in 1988), the Bank of Thailand said. GNP, the broadest measure of an economy, is the total value of goods and services.
BUSINESS
January 7, 2014 | By Don Lee
WASHINGTON - U.S. exports rose to a record high in November, helping to shrink the nation's trade deficit to the lowest in four years. The surprisingly positive trade report Tuesday adds to the upbeat outlook for the economy. With net exports stronger than expected, analysts revised higher their economic growth forecast for the fourth quarter, saying it will likely come in at a solid annual rate of about 3%. The Commerce Department said the U.S. trade deficit in goods and services with the rest of the world totaled $34.3 billion in November.
OPINION
August 4, 2012
Re "Is Mars really worth the trip?," July 30 Your headline implies that the $2.5 billion spent on the Curiosity mission to Mars is just thrown away. In fact, NASA pays people (engineers, suppliers and many more), who then spend it on the goods and services that keep our economy strong. Joan Kraus Rancho Palos Verdes ALSO: Letters: Californians, we're hoarders Letters: Let the NRA give something back Letters: Targeting Obama conspiracy theories
BUSINESS
October 4, 2013 | By Marc Lifsher
SACRAMENTO - Gov. Jerry Brown has signed into law legislation that was heavily lobbied by Silicon Valley entrepreneurs and aimed at boosting sales of high-tech goods and services. Four measures, part of a package of 18 business-friendly bills approved Friday, seek to ease the regulatory burden on developers of smartphone-based payment systems; reverse a retroactive tax hike on investors in small start-up companies, and create a "Made in California" program to help market innovative, locally manufactured consumer products.
OPINION
April 21, 2013 | By Jonathan Zimmerman
My daughter is a junior in high school, so I've spent part of this spring making that upper-middle-class pilgrimage known as "the college tour. " But as we were led across sweeping lawns by tour guides walking backward, I found myself thinking less about my daughter's looming college experience and more about how different her life will be after she graduates. I've also been thinking about "Girls," the television series about four young women trying to make ends meet in New York.
BUSINESS
March 27, 2013 | By Adolfo Flores, Los Angeles Times
Proposed legislation to raise the state minimum wage could eliminate tens of thousands of jobs and harm the California economy, a small-business advocacy group said. The measure, AB 10, could wipe out more than 68,000 jobs over 10 years and cost $5.7 billion in lost production of goods and services, according to a study released Tuesday by the National Federation of Independent Business. More than 63% of the lost jobs would be in the small-business sector, NFIB researchers said.
BUSINESS
November 30, 2012 | Don Lee
The U.S. economy grew much faster in the third quarter than first estimated, but the latest government report laid bare the vulnerabilities for the recovery as politicians struggle to break the stalemate over government spending and tax policies. Although the nation's economic growth rate was revised to a more healthy 2.7% for the third quarter from the 2% pace initially estimated, the Commerce Department said consumer and business spending was softer than previously thought. Company spending on equipment and software fell for the first time since spring 2009.
OPINION
August 4, 2012
Re "Is Mars really worth the trip?," July 30 Your headline implies that the $2.5 billion spent on the Curiosity mission to Mars is just thrown away. In fact, NASA pays people (engineers, suppliers and many more), who then spend it on the goods and services that keep our economy strong. Joan Kraus Rancho Palos Verdes ALSO: Letters: Californians, we're hoarders Letters: Let the NRA give something back Letters: Targeting Obama conspiracy theories
HEALTH
June 9, 2012
During her research for "The Outsourced Self: Intimate Life in Market Times," Arlie Russell Hochschild found ads for people who will take care of a loved one's grave or pose as a mom or grandma who can be "rented. " Here are a few other unusual professionals for hire: • The Nameologist: It can seem like a big deal to name a baby, and for parents worried about getting just the right moniker, a nameologist will step in. Are Mikes impatient? Stephanies lacking in self-confidence?
BUSINESS
June 30, 1989 | From Times wire service s
Japan reported today that its broad-based trade surplus fell by nearly 40% in May, although economists said the reduction is only temporary. The country's current account surplus, which measures trade in goods and services, shrank to $3.39 billion in May from $5.57 billion a year earlier. Much of the improvement was caused by soaring imports, which surged 20%, primarily on the value of oil imports that are unlikely to be repeated. The narrowing of the surplus was welcome news for Japanese officials, who are worried about attacks on the country's trade performance at next month's economic summit in Paris.
OPINION
September 13, 1998
It was gratifying to read that there is resistance to placing a corporate sponsor's name on the Rose Bowl (Sept. 4). We have allowed our society and culture to become completely overwhelmed by the world's conglomerates and corporations. Our clothing, buildings, buses, sports events, etc. are smothered with corporate logos and advertising. We can no longer watch television without having a corporate logo superimposed in the corner of the screen to remind us of which network we are watching, except of course during the commercials.
BUSINESS
December 24, 2011 | By Don Lee, Los Angeles Times
Despite the ballyhooed record retail sales over Thanksgiving, consumer spending for all of November turned out to be rather ho-hum. Personal spending overall edged up a modest 0.1% in November for the second straight month, the Commerce Department said Friday. That, coupled with other data suggesting weaker manufacturing shipments, tempered the recently more optimistic outlook for the economy. "Consumers will not lead the recovery on a consistent basis," Moody's Analytics' economist Scott Hoyt said in a research note.
BUSINESS
August 13, 2011 | By Alana Semuels, Los Angeles Times
Convinced that everything you buy these days has a Made-in- China label? Then you aren't paying attention. Things made in the U.S.A. still dominate the American marketplace, according to a new study by economists at the San Francisco Federal Reserve. Goods and services from China accounted for only 2.7% of U.S. personal consumption spending in 2010, according to the report titled "The U.S. Content of 'Made in China.' " About 88.5% of U.S. spending last year was on American-made products and services.
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