BUSINESS
March 29, 1990 | TOM PETRUNO, TIMES STAFF WRITER
The plunging Japanese yen is beginning to hurt Southland companies that export goods to Japan. And each day that the yen drops further compared to the dollar, the worry level goes up at other exporters that haven't yet felt the pinch. "We're hearing that business either is coming to a screeching halt, or that Japanese (distributors) are delaying orders until they see what will happen next with the yen," said Jana Goldsworthy, a marketing specialist at Pacific InterTrade Corp.
BUSINESS
March 24, 1992 | PATRICE APODACA, TIMES STAFF WRITER
David K. Peteler firmly believes that Russia is on an irreversible course toward creating a market-oriented economy. Unfortunately, the Encino-based attorney can also speak volumes about the formidable task of realizing that goal. Peteler, who specializes in Russian business ventures, was in Moscow last year, providing legal advice to a committee formed by the Russian government to privatize state-owned enterprises. There he attended a meeting to discuss the establishment of securities laws.
BUSINESS
September 18, 1990 | PATRICE APODACA, TIMES STAFF WRITER
Robert Lees, president of Pacific InterTrade Corp. in Westlake Village, was on a plane flying to China recently, when he struck up a conversation with someone who hoped to sell packaged health food in China. Lees told the businessman his trip was a waste of time. "The Chinese are not going to waste their precious money on this," he said. "We're not going to sell raisins to China," Lees said.