January 9, 2014 |
U.S. Commerce Secretary Penny Pritzker unveiled a new initiative aimed at increasing business with trade partners in Latin America, only days after the 20th anniversary of the North American Free Trade Agreement's implementation. The Look South initiative encourages U.S. companies to do business with Mexico and the U.S.'s 10 other free trade agreement partners in Central and South America, Pritzker told reporters Thursday before her Los Angeles speech announcing the initiative. Pritzker said there are many untapped business opportunities south of Mexico, which the program hopes to open up for U.S. companies.
December 13, 2013 |
WASHINGTON -- To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, “Don't bet on it.” A new analysis by Fed staffers said the old-fashioned greenback is more durable than people realize and replacing it with a $1 coin, which is more expensive to produce, would cost the government $1.2 billion over 30 years. "Based on our analysis of the benefits and costs of a currency-to-coin transition, we believe that the $1 Federal Reserve note should remain in circulation and not be replaced with a $1 coin," concluded the authors of a Fed staff working paper released this week.
November 30, 2013 |
His name is Rashaad Penny , and lots of students at Norwalk High will remember him for years to come. "He's just a phenomenal athlete," Coach Jesse Ceniceros said. "He separates himself the moment he steps on the field. " Penny, a 6-foot-1, 195-pound senior running back, has rushed for 2,380 yards and 39 touchdowns in leading Norwalk to a 13-0 record and a spot in the Southern Section Southeast Division championship game against Whittier La Serna. In his latest performance, Penny rushed for 321 yards and five touchdowns in Norwalk's 35-28 victory over Pasadena Muir on Friday.
November 16, 2013 |
Norwalk is 11-0 and seeded No. 1 in the Southeast Division, and leading the way has been senior running back Rashaad Penny. He has scored 41 touchdowns this season. On Friday night, he gained 188 yards rushing in a 42-27 win over West Covina. He has rushed for 1,936 yards on the season. Among his best games were 287 yards rushing against Bellflower and 284 yards rushing against Mayfair. Next up for Norwalk is a quarterfinal game against Dominguez. Eric.email@example.com
November 3, 2013 |
Question: Our board directors found the lowest earthquake insurance premium is with a 20% deductible, costing our homeowner association about $20,000 annually; they voted against raising monthly dues to cover it. Our 20 units in a four-level, zero-lot-line Los Angeles complex average $650,000 per unit and the structural integrity of the building is at greater risk because of our subterranean parking. Directors argue we've got over $150,000 in reserves and around $350,000 in combined money market and certificate of deposit accounts.
September 17, 2013 |
You may, in the course of your travels, alight at New Bay Seafood, in a building that has been home to approximately a trillion Hong Kong-style restaurants since it began as Jumbo Seafood in the first San Gabriel Valley Chinese restaurant-boom in the early 1980s. And if you are familiar with the vaguely Southeast Asian Chiu Chow cooking popularized at nearby Newport Seafood, the trilingual menu, written in Chinese, Vietnamese and English, will hold few surprises: cubed filet mignon sauteed in a peppery brown sauce; snow pea leaves stir-fried with garlic; crunchy salt-and-pepper squid, and spicy basil leaf clams.