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ENTERTAINMENT
February 20, 2013 | By Charles Fleming
Eager to increase its dominant position in the enduro market for large dual-purpose motorcycles, BMW has announced a series of lower prices for its new liquid-cooled R 1200 GS. The base model of the flat twin enduro, expected to hit retailers in March, will have a sticker price of $15,800. That version comes with some new features, such as an onboard computer and adjustable rider's seat, adjustable passenger seat, adjustable windshield and standard antilock brakes. The standard version, priced at $16,000, also includes heated grips, cruise control and saddle bag mounts.
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BUSINESS
April 27, 2014 | By Hugo Martín
Airline mergers have put more than 70% of the nation's domestic traffic in the hands of four major carriers. But low-cost airlines still have some influence over airfares. A new study shows that when airlines such as JetBlue, Spirit, Frontier, Alaska and Southwest launch service on an existing domestic route, the average price from all carriers drops as much as 67%. It's good news for travelers, but aviation experts say most popular routes are still dominated by the four biggest carriers: United, Delta, Southwest and the soon-to-be-merged American and US Airways.
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BUSINESS
January 11, 2008 | From Times Wire Reports
Mexico's biggest retailers, led by Wal-Mart, will lower prices during the first quarter under a government agreement to help families burdened by a new gasoline tax and rising food prices. The discounts will apply to 300 staples such as rice, beans, flour, chicken and sugar, as well as toilet paper, napkins and soap, National Retailers Assn. President Vicente Yanez said. Mexican President Felipe Calderon is asking retailers to help curb inflation to reduce the risk of further interest rate increases that would slow the economy.
BUSINESS
April 8, 2014 | By Salvador Rodriguez
After announcing a major round of funding last week, ridesharing start-up Lyft has said it is immediately lowering the cost of rides in all its markets. The company, which lets users hail rides from others through its smartphone app, said prices will be up to 20% lower in the 30 cities in which it operates. In Los Angeles, prices have decreased by about 20%, Lyft told The Times. The price drop follows Lyft's implementation of Happy Hour , a feature that drops the price of rides by up to 50% during times when demand for rides is low. The idea behind Happy Hour is that ride fares will be lower, but that the number of rides will increase, benefiting the company and its drivers.
BUSINESS
January 14, 2009 | Jerry Hirsch
The nation's current economic slump is starting to hurt typically resilient supermarkets, says Jeff Noddle, chief executive of Supervalu Inc., the nation's third-largest grocery company. Noddle talked to The Times recently about Eden Prairie, Minn.-based Supervalu, which owns the Albertsons, Bristol Farms and Lucky stores in Southern California, discussing how the economy is affecting the supermarket business. -- What are shoppers doing to spend less at grocery stores?
NEWS
May 12, 1994 | MICHAEL KRIKORIAN
The last decade has seen many a celebrated restaurant open a sidekick establishment with much lower prices. In Paris, Joel Robuchon, considered by many to be the greatest chef in France, recently opened Le Relais du Parc, where rates are only a third or a quarter of those at the restaurant that bears his name. In Los Angeles, Patina owner Joachim Splichal has opened the popularly priced Pinot Bistro in the San Fernando Valley and plans a casual cafe downtown.
BUSINESS
February 19, 1993 | DENISE GELLENE
Some Lucky shoppers are luckier than others. On billboards, television, radio and in newspapers, Lucky is touting its "new lower prices." The grocery chain said it has slashed prices on more than 2,500 items to help out recession-weary consumers in Southern California. How much help you get on food prices depends on where you live.
BUSINESS
August 9, 1990 | From Times wire services
Lower oil prices in the first half of 1990 bit sharply into Royal Dutch/Shell Group's profits, slicing net income by 40%, the Anglo-Dutch oil giant reported today. The sharp rise in crude oil prices after Iraq's invasion of Kuwait a week ago is not reflected in Shell's latest figures but is expected to influence results for the full year. Prices were weak in much of the first six months of the year because OPEC overproduction glutted the market.
BUSINESS
January 23, 1987
Standard Oil earned $31 million in the fourth quarter of 1986 but lost $345 million for the year, mostly because of lower prices and $810 million in charges that reflected the reduced value of its assets. The 1986 fourth-quarter results included a charge of $30 million for losses on the early retirement of debt and a $65-million charge for settling a disputed windfall profit-tax valuation with the Internal Revenue Service.
BUSINESS
June 26, 2008 | Jerry Hirsch and Conor L. Sanchez, Times Staff Writers
Ralphs Grocery Co. unveiled a lower-price policy Wednesday in what it said was a nod to beleaguered consumers struggling to pay rising food and gasoline prices. But the new plan also appears to be part of a wider business strategy to grab market share from rivals that has worked successfully for Ralphs' corporate parent in other regions. The chain, which operates 262 supermarkets in Southern California, said it would lower the prices of thousands of goods that its customers buy most often.
CALIFORNIA | LOCAL
January 30, 2014 | By Howard Blume
The Los Angeles Unified School District will pay substantially less for thousands of iPads under the latest deal with Apple. The cost of the tablets that will be used on new state tests will be $200 less per device, although the computers won't include curriculum. The revised price will be $504, which compares to $699 for the iPads with curriculum. With taxes and other fees, the full cost of the more fully equipped devices rises to $768. The iPads are part of a $1-billion effort to provide a computer to every student, teacher and  administrator in the nation's second-largest school system.
FOOD
December 28, 2013 | By S. Irene Virbila
Since the 19th century, French Champagne producers have skillfully cultivated an image of full-tilt glamour and luxury, spending millions promoting their brands. That would include sponsoring athletic competitions, society events and the $400,000 in Champagne that Perriet-Jouët supplied gratis for reality star Kim Kardashian's (first) wedding. Champagne's Grandes Marques - Krug, Dom Pérignon, Bollinger, Pol Roger, Taittinger and about 20 more - each have their passionate adherents.
BUSINESS
September 12, 2013 | By Salvador Rodriguez, This post has been updated. See the note below for details.
If you plan on buying one of Apple's new iPhones, you may want to head to Wal-Mart. The retail giant has announced it will carry the new devices and sell them at prices lower than Apple and other retailers. Wal-Mart said it will carry 16-gigabyte versions of the iPhone 5c and the iPhone 5s. The iPhone 5c will be available for $79 ($20 cheaper than its regular price) with a two-year contract from AT&T, Verizon or Sprint. The iPhone 5s will be available for $189 ($10 cheaper than its regular price)
BUSINESS
September 10, 2013 | By Chris O'Brien and Andrea Chang
CUPERTINO, Calif. - Whether the "c" in iPhone 5c stands for color or China, the launch of a plastic cellphone marks one of the biggest strategic shifts for Apple since the company began the smartphone revolution six years ago. Though the announcements made Tuesday at Apple's headquarters were relatively modest in scale, the tech giant seemed to be signaling that it was intent on recapturing lost momentum in China. Although a rumored deal with that nation's largest carrier was not announced at the event, analysts are expecting it to be confirmed soon, possibly at a separate media event being held in Beijing on Wednesday.
NEWS
August 2, 2013 | Bloomberg News
Chevron Corp. posted its biggest second-quarter profit decline in four years and missed analysts' estimates as crude oil prices and production fell. Net income dropped 26% to $5.37 billion, or $2.77 a share, from $7.21 billion, or $3.66, a year earlier, the San Ramon, Calif., company said Friday. The per-share result was 19 cents below the average of estimates compiled by Bloomberg. Chevron's oil and natural gas output fell 1.6% to the lowest second-quarter average in half a decade as new wells in Angola, the Gulf of Mexico and Pennsylvania failed to make up for declining production from older fields, according to the statement.
NEWS
June 19, 2013 | By Mary Forgione, Los Angeles Times Daily Deal and Travel Blogger
Mexican airline AeroMexico has announced new 737-800 jet service that will operate 14 flights weekly between Los Angeles and Guadalajara starting in October. The new service, called AeroMexico Contigo, or AeroMexico With You, will have lower fares for travelers, an airline statement says. The service includes flights from Fresno and Sacramento in California as well as from Chicago and Ontario, Canada, to Guadalajara. Contigo also plans to add 28 flights weekly between Tijuana and Guadalajara.
BUSINESS
October 26, 1993 | Times Wire Services
The big oil companies' earnings in the July-September quarter showed mixed effects from the lowest oil prices in years. The cheap oil helped refiners but hurt companies that concentrate more on pumping. Higher natural-gas prices were also helpful. Unocal's earnings were up more than sixfold, but were skewed by onetime charges a year ago. Exxon Corp.'s earnings rose nearly 19%, partly because of special gains. Unocal earned $70 million, or 25 cents a share, on revenue of $1.96 billion.
BUSINESS
January 8, 1993 | DENISE GELLENE
Thanks to colder weather and lower prices, more and more people are dressing in fur. Sandy Parker, publisher of the Parker Report newsletter on the fur industry, said sales of mink coats and other fur garments rose between 7% and 10% in 1992, the first industrywide gain in five years. A few retailers across the country are reporting significant gains. Flemington, N.J.-based Flemington Fur Co., the nation's largest fur outlet, reported a 21% jump in sales in 1992.
ENTERTAINMENT
February 20, 2013 | By Charles Fleming
Eager to increase its dominant position in the enduro market for large dual-purpose motorcycles, BMW has announced a series of lower prices for its new liquid-cooled R 1200 GS. The base model of the flat twin enduro, expected to hit retailers in March, will have a sticker price of $15,800. That version comes with some new features, such as an onboard computer and adjustable rider's seat, adjustable passenger seat, adjustable windshield and standard antilock brakes. The standard version, priced at $16,000, also includes heated grips, cruise control and saddle bag mounts.
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