BUSINESS
May 6, 2013 | By Marc Lifsher, Los Angeles Times
SACRAMENTO - A "Made in USA" label has long been seen as an advantage in marketing a product. Now there are in-state manufacturers that want to see the adoption of an official label that declares Made in California. State Sen. Ellen M. Corbett (D-San Leandro) has introduced legislation to require Go-Biz, the governor's business development office, to come up with a plan - including the new label - to promote California-manufactured products. The bill, now before the Senate Appropriations Committee, would enhance California's reputation for making environmentally safe and energy efficient products, Corbett said.
SPORTS
April 22, 2013 | By Houston Mitchell
There are some people who will try to find a way to make monetary gain from a tragedy. The aftermath of the Boston Marathon bombings is no different. At the time of this posting, seven people are selling their 2013 Boston Marathon medals on EBay, with various pitches to entice people to buy. This has caused outrage in some who feel these sellers are trying cash in on the tragedy of the bombings last week. One seller lists his medal with a pitch that includes: "2013 Official Boston Marathon Finishers Medal given only to qualified runners who finished before the bombing took place.
BUSINESS
April 4, 2013 | By Roger Vincent, Los Angeles Times
With corporate headquarters overlooking the hot office market in West Los Angeles, CBRE Group Inc. - the world's largest real estate services firm - finished 2012 with a record $6.5 billion in revenue, and its new boss is optimistic about the year ahead. "We think the economy is going to grow a couple of points this year, and we are expecting our business to grow considerably," said Robert Sulentic, 56, who took over as chief executive in December from Brett White, who retired. Earlier, Sulentic was chief executive of Texas real estate company Trammell Crow Co., which was acquired by CBRE in 2006.
BUSINESS
April 2, 2013 | By Jim Puzzanghera and Don Lee, Los Angeles Times
WASHINGTON - Growth in the crucial manufacturing sector unexpectedly slowed in March as companies reported fewer new orders and less production compared with the previous month. The Institute for Supply Management's widely watched purchasing managers index dropped to 51.3 last month compared with 54.2 in February. The reading, released Monday, came in below analyst expectations of about 54. A reading above 50 indicates growth in the sector, which covers a wide variety of industries.
BUSINESS
April 1, 2013 | By Jim Puzzanghera
WASHINGTON -- Growth in the crucial manufacturing sector unexpectedly slowed in March as companies reported fewer new orders and less production compared with the previous month. The Institute for Supply Management's widely watched purchasing managers index dropped to 51.3 last month compared with 54.2 in February. The reading came in below analyst expectations of about 54. A reading above 50 indicates growth in the sector, which covers a wide variety of industries. March was the fourth straight month of growth after a slight contraction in November , ISM said.
BUSINESS
March 29, 2013 | By Tiffany Hsu, Los Angeles Times
In 92 years, See's Candies has never shied away from being old-fashioned. At the factory on La Cienega Boulevard, some octogenarian workers measure their decades of employment in hip replacements. Quaint floral details are still hand-piped onto chocolate eggs. An inexorable march of candies heads through tubes the length of a football field, where they're drenched in layers of chocolate - a traditional practice known as enrobing. Like cars merging out of highway toll lanes, they appear from cooling tunnels into employees' waiting hands.