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BUSINESS
June 11, 2010 | By Lauren Beale, Los Angeles Times
Los Angeles' high-end residential market just got a jump-start: A mammoth French chateau on 2.2 acres in Bel-Air has been sold for the highest price of any U.S. residence so far this year. FOR THE RECORD: An article in Friday's Section A on the Bel-Air home that is the most expensive sold in the U.S. this year said that Joyce Rey and Stacy Gottula of Coldwell Banker Beverly Hills shared the listing with Mauricio Umansky of Hilton and Hyland of Beverly Hills. Rey and Gottula had the listing alone.
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BUSINESS
September 14, 2008 | Mary Umberger, Chicago Tribune
Are homeowners in denial? Are they stubbornly -- maybe irrationally -- clinging to the belief that other people's homes may be losing value, but theirs isn't? How else, one wonders, to explain sellers who cling fast to pre-housing slump notions in this wacko market? Or are they getting it -- to the point where they understand we're in a brave new world of pricing? I guess that depends on who's asking the question. Zillow.com is in the "They're in denial" camp: It recently surveyed homeowners about how much their properties are worth.
BUSINESS
June 7, 2012 | By Ken Bensinger, Los Angeles Times
A broadening probe of price fixing among auto suppliers has ensnared a Swedish company, Autoliv Inc., which agreed to pay a $14.5-million fine for conspiring to manipulate the price of seat belts, air bags and steering wheels, the Department of Justice said. In addition, an executive at Japanese supplier Yazaki accepted a 14-month term in federal prison for fixing prices on auto wiring components. The actions were the latest in a string of fines and jail terms doled out by the nation's top law enforcement agency as it investigates what it called a multiyear, multi-continent conspiracy to control prices in a specialized auto parts market worth billions.
BUSINESS
October 7, 2001
I see where the cost of crude that is used to make gasoline is at a very low price right now ["Energy Chief Says Gas Supply Stable, May Boost Oil Reserve," Sept. 28]. How come the "instant overnight" price at the pump does not come down [overnight]? When the price of crude goes up a bit, the "instant overnight" phenom of a higher price kicks in in a nanosecond. What am I missing here? Ray P. Keesler La Crescenta
BUSINESS
January 19, 2003
Re: "Disney Continues Aggressive Pricing, Raises Admission at Southland Parks," Jan. 7. At what point did price gouging become aggressive pricing? It isn't difficult to understand the 8% drop in park attendance. The price of admission for my family of seven -- not parking, not food, not souvenirs, just admission -- would feed my family of seven for a month. That choice is a no-brainer. Robert D. Stevenson Highland
BUSINESS
June 17, 2001
I read with amusement "Gasoline Prices' 3-Week Slide Ends" [June 12]. At all of my local stations in Orange County, the price is either at the peak or not more than 2 cents lower. If they are paying a lower price for their supply, they certainly aren't passing it along. If you call 2 cents a "slide," then you'd probably call a nickel drop a collapse. Thanks for letting me get in my two cents' worth. Judd Silver Irvine
TRAVEL
January 16, 2000
Gotta mail a letter while away? You'll get a deal in Rio de Janeiro. Selected prices for domestic first-class stamps: Tokyo.....................$0.64 Munich, Germany...........$0.58 Vienna....................$0.53 Copenhagen................$0.52 Paris.....................$0.48 London....................$0.41 Athens....................$0.32 Mexico City...............$0.31 Toronto...................$0.30 Sydney, Australia.........$0.29 Madrid....................$0.22 Hong Kong.................$0.
BUSINESS
January 14, 2007
Times staff writer David Streitfeld wrote Jan. 2 about his experiences as a customer of Amazon.com, describing price changes that occurred between when he put books in his "shopping cart" and when he went back later to complete his purchases. About 100 readers have e-mailed responses to his article, "Amazon mystery: pricing of books." Here is a sampling: --- Those darn price "warning" windows have been making my head spin. I am a graduate student and, as you experienced, I have books in my cart that I buy as I need them or dream of purchasing one day. "Bizarre" is too mundane a word to try to explain how a depth-psychology book can rise or fall $5 in one day. I would really like an explanation from Amazon.
BUSINESS
October 3, 2004
Regarding "Starbucks to Raise Prices 11 Cents a Cup," Sept. 28: In announcing price increases, Starbucks cited the increased cost of coffee as one factor, and noted that there had been no increase since 2000. This is very curious, since New York Board of Trade (www.nybot.com) historic data show that coffee sells for less now than it did in 2000, and Starbucks didn't reduce prices when the price of coffee beans fell dramatically. This Starbucks fan and stockholder thinks a price increase now is just another example of corporate greed.
BUSINESS
November 25, 2008 | Times Wire Services
Wal-Mart Stores Inc. reached a settlement with the state of California over allegations of price-scanning errors for some products. As part of the agreement, Wal-Mart will give customers $3 back when pricing errors are found at the cash register, state Atty. Gen. Jerry Brown said.
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