July 29, 2002 |
After a flat summer, gasoline prices edged up nearly 2 cents a gallon in the last two weeks, an industry analyst said Sunday. "The low and very, very stable prices throughout the summer did have to end some time," Trilby Lundberg said. "What we have is a closer balance between supply and demand and continued crude oil price strengths." Despite increased summer driving, supplies remained plentiful, Lundberg said.
October 10, 2011 |
Attempting to heal its self-inflicted wounds, Netflix Inc. said it would abandon its controversial plan to separate its DVDs-by-mail business from its online streaming service. The surprise reversal, coming three weeks after the plan was disclosed, follows the company's unpopular 60% price hike in July for subscribers who watch both DVDs and online video. The changes led the Los Gatos, Calif., company to predict it would lose 600,000 U.S. subscribers for the third quarter, instead of gaining as many as 400,000 as it previously forecasted.
CALIFORNIA | LOCAL
January 26, 2012 |
Philippe's is best known for its legendary French dip sandwiches. But for regulars, nothing speaks to the eatery's historic L.A. feel than the 9-cent coffee on the menu. And the 1 extra cent of tax. Since 1977, the legion of longtime customers at the restaurant on North Alameda Street north of downtown Los Angeles had grown accustomed to putting a dime on the counter and getting a hot cup of coffee in return. But on Wednesday, management posted a surprising sign on the door: Starting Feb. 2, the price of an eight-ounce brew is going up 400% — to 45 cents.
November 8, 1988 |
The world's largest newsprint maker, pressured by weak demand and resistance from American newspapers, said Monday that it would drastically reduce and delay its latest announced price hike. Abitibi-Price Inc. of Toronto has told its customers that it decided to increase prices for newspaper customers by $30 to $680 a metric ton effective Feb. 1 instead of the previously announced $695 a metric ton. But analysts said that unless two smaller U.S.
September 10, 2008
Imagine a straight line on a graph. Another line is curving toward it. It gets closer and closer; it will, unto infinity, always get closer, until you can't see the space between them, but it will never touch the straight line. In the world of pre-calculus classes, the straight line is called a linear asymptote. In the world of retail, it's called a dollar, and the curve that draws ever closer is the 99 Cents Only Stores’ new pricing strategy. The chain has become a reliable outlet of unmoving and unvarying prices at a time when the cost of energy has raised the price of just about everything.
June 4, 1992 |
After more than a year of admission discounts, Disneyland said it plans to raise prices by up to 4.5% today, hoping to capitalize on the success of its new "Fantasmic!" special effects show. The price hike had been rumored for weeks, but the move is expected to catch competitors off guard because it comes amid predictions that Southland tourism will be hurt this summer because of the April riots in Los Angeles. The price of a Disneyland adult admission is now $28.75, up from $27.50.
March 14, 1997 |
The Happiest Place on Earth ensured Thursday that it will remain one of the priciest amusement parks on the planet, with a $2 price hike that boosts the standard adult admission at Disneyland to $36 effective today. The park's standard admission for children will remain $26. Separately, Knott's Berry Farm also said it will raise prices Wednesday to $31 for adults and $23.95 for children. That last figure is a $4 hike from Knott's current kids' price of $19.95.
June 27, 2001 |
EarthLink Inc. said Tuesday it is raising the monthly price of its basic, unlimited dial-up service $2 to $21.95, a month after rival America Online Inc. increased its rates. The price increase, the first in EarthLink's history, came earlier than expected and bodes well for the company's financial performance, Goldman Sachs analyst Anthony Noto said in a research note. EarthLink rose $1.56, or 13%, to $13.83 on Nasdaq.
September 27, 1987 |
When Cineplex-Odeon reopened the Carnegie Cinema in NYC, they provided Gotham moviegoers with both a refurbished state-of-the-art theater and a higher admission price--$7. So, Outtakes wondered how soon it would be before L.A. film patrons would be digging deeper into their pockets. "Technically, we haven't changed our prices in years and don't plan to," we were told by Greg Rutkowski, AMC veep. "Our top price here is $5.75 but most of our theaters are still at $5.50."
May 12, 1998 |
Philip Morris Cos. and R.J. Reynolds Tobacco Co. on Monday raised wholesale prices on their cigarettes by 5 cents a pack, effective immediately. The increase is the fourth in 14 months for the nation's two largest cigarette makers. On Friday, the tobacco industry agreed to pay more than $6 billion over 25 years to settle a lawsuit by the state of Minnesota and an insurance company over health-care costs associated with smoking.