March 6, 2013 |
This post has been corrected. See the note at the bottom for details. In a move to give more autonomy to the regions where Toyota Motor Corp. sells cars and bring a new generation of leadership to the company's top management, the automaker announced sweeping executive changes Wednesday. Among the moves, Toyota appointed the engineer who developed the successful Prius hybrid as chairman of the company and named its first outsider, and first former General Motors executive, to its board of directors.
CALIFORNIA | LOCAL
February 7, 2013 |
Father Maur van Doorslaer lived a kind of double life. For decades, the Benedictine monk spent half the year working in a studio at an abbey in Belgium, painting abstract art in varying shades of white. For the other half, he took in the High Desert summers at St. Andrew's Abbey in Valyermo, where he made "cookies," his name for the folksy porcelain plaques he designed depicting angels, saints and biblical scenes. "For six months of the year, I'm a serious artist," he told The Times in 1986, "and for six months a year, I play with dolls.
January 29, 2013 |
Strong business in North America helped Ford Motor Co. post a big increase in fourth-quarter profit Tuesday, excluding a tax adjustment last year, but the automaker is still being hurt by Europe's economic malaise. The nation's second-largest automaker earned $1.6 billion in the latest quarter, up 55% from a year earlier. For the year, earnings slipped 5% to $5.7 billion. The results don't include the effect of 2011 changes in valuation allowance against deferred tax assets, which greatly increased net income last year.
November 9, 2012 |
Pursuing a strategy of working with other automakers, Toyota Motor Corp. said Friday that it will have Mazda Motor Corp. build a small car for the Toyota brand. The sub-compact, which will be sold in the U.S., will be based on Mazda's tiny Mazda2, a car that competes with the Ford Fiesta, Hyundai Accent, Chevrolet Sonic and Honda Fit. Toyota said Mazda will build about 50,000 of the yet-unnamed cars at a plant that's under construction in Mexico and set to open in late 2014. The cars, which will be sold as a Toyota, will go on sale sometime in 2015, the company said.
November 4, 2012
WOMEN Presentation Contributors Bridget Crocker, Sarah Katin, Kimberley Lovato and Mary Jo McConahay, featured in "The Best Women's Travel Writing, Volume 8," will discuss their travel tales. When, where: 7:30 p.m. Monday at Distant Lands, 20 S. Raymond Ave., Pasadena. Admission, info: Free. RSVP to (626) 449-3220. HIKING Slide show Peter Potterfield will present images from his just-released book, "Classic Hikes of North America," featuring 25 backpacking trips in the U.S. and Canada, followed by a Q&A period.
July 12, 2012 |
Supporting a controversial view of how humans might have populated the Western Hemisphere, geneticists have found that groups from Asia traveled over the Bering Strait into North America in at least three separate migrations beginning more than 15,000 years ago - not in a single wave, as has been widely thought. "We have various lines of evidence that there was more than one migration," said Dr. Andres Ruiz-Linares, a professor of human genetics at University College London and senior author of a report on the findings that was published Wednesday by the journal Nature.
July 12, 2012 |
New evidence from caves in Oregon may finally put to rest the long-held theory that the early people who made Clovis spear points were the first inhabitants of North America. The new evidence indicates that a second group of people that made what are known as western stemmed projectile points arrived on the North American continent at least as early as those who made the Clovis points, and perhaps even earlier. The new finds provide strong support for growing genetic evidence that indicates the Americas were populated in at least three waves of immigration beginning at least 15,000 years ago. "Our evidence puts the final blow to the Clovis First theory," said geneticist Eske Willerslev of the University of Copenhagen in Denmark.
June 19, 2012 |
North America no longer has the most millionaires. For the first time, the Asia Pacific region is now home to the largest group of people with more than $1 million to invest. The U.S. and Canada together still make up the richest territory, even though overall wealth fell 2.3% to $11.4 trillion last year amid market volatility, according to a report from Capgemini consultancy and RBC Wealth Management. But the area lost 1.1% of its millionaires in 2011, as its 3.35-million affluent households were outnumbered by their 3.37-million peers in China, Japan and other Asian nations.
June 12, 2012 |
Melted glass buried deep within the Earth at sites around the world confirms the theory that a comet or meteor struck the planet nearly 13,000 years ago, triggering the Younger Dryas Ice Age, killing off the mammoths and other megafauna in North America, and perhaps even causing the disappearance of the Clovis culture of early Native Americans. The cause of the Younger Dryas cooling period has been very controversial. Some researchers have proposed an extraterrestrial impact and have produced evidence of the event, but others claim that the results have not been replicated.
June 4, 2012 |
The cost of air travel has rebounded to pre-recession levels, and now it looks like the prices of hotel rooms for business travelers are on their way to those heights. Hotel rates for business travelers in North America surged 9.3% in April, coming within 3 percentage points of the peak pre-recession rates in fall 2008, according to Pegasus Solutions, a technology company for the hotel industry. "Rates in many markets are either continuing to grow at near-record paces or setting new year-over-year growth records," the Dallas company's report said.