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BUSINESS
August 16, 2008 | From the Associated Press
Hershey Co. said Friday that it planned to raise prices on its products by an average of 11% as it tries to stem the effect of soaring commodities costs, and it trimmed its projections for 2008 and 2009.
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ENTERTAINMENT
April 22, 2014 | By Joe Flint
After the coffee. Before hearing about the Aereo case at the Supreme Court. The Skinny: The Supreme Court on Tuesday morning will hear arguments in the ABC vs. Aereo case. Aereo is an Internet startup that broadcasters charge steal their signals. Alas, I won't be there, but I have a high court story for you anyway. When I was based in Washington, I occasionally covered the Supreme Court. You have to dress nice and they will wake you if you doze off. Other stories in Tuesday's Fix include Netflix saying it will raise prices and Comcast posting its second-quarter results.
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SPORTS
October 9, 1998 | BILL SHAIKIN
Although most NHL teams held the line on ticket prices this season, the Kings and Mighty Ducks got deeper into the pockets of their fans. The Kings, raising ticket prices for the first time in five years, had the greatest increase in the NHL at 28%. The Ducks, raising prices for the fifth time in five years, had a 7.9% increase, after the worst season in franchise history. Of the 26 NHL teams, excluding the expansion Nashville Predators, 14 froze or cut their average ticket price.
ENTERTAINMENT
April 21, 2014 | By Ryan Faughnder
Higher prices are the new black for Netflix. The Los Gatos, Calif., streaming video company plans to raise prices for new customers by $1 or $2 a month this quarter, the company said Monday in its quarterly earnings release. Existing customers will continue to pay the current prices for "a generous time period," the company said. Access to the company's streaming video library currently costs $7.99 a month for suscribers in the United States, and Netflix has been experimenting with pricing models as it spends to improve its selection of movies and television shows and builds out its slate of original content.
BUSINESS
June 5, 2001 | Associated Press
The cost of cereals including Wheaties, Cheerios and Total is increasing an average of 2%, General Mills Inc. announced Monday. The price jump averages out to 6 or 7 cents a box for brands such as Chex, Total Raisin Bran and Total Corn Flakes, General Mills spokesman Greg Zimprich said. The increase went into effect May 31. The price increase was the result of higher energy, ingredient and packaging costs, Zimprich said. Golden Valley, Minn.
SPORTS
May 8, 2004 | Jerry Crowe, Times Staff Writer
It's going to cost more for basketball fans to support the Clippers next season. After failing to make the playoffs for the seventh consecutive season and the 17th time in their 20 seasons in Los Angeles, owner Donald T. Sterling's club has raised ticket prices for the 2004-05 season. Less than a month removed from their 11th consecutive losing season, one in which they lost 14 of their last 15 games, the Clippers have not yet informed their season-seat subscribers of the increases.
BUSINESS
January 24, 2011 | By Emily Bryson York
Be prepared to pay more for burgers. McDonald's Corp. is looking to increase the price of some menu items as it tries to deal with the rising cost of beef and other ingredients. McDonald's is not alone. The restaurant industry is expected to raise prices in the face of rising commodity costs, and grocery stores began raising prices last year. The average price McDonald's pays for its most-used ingredients, such as chicken, wheat and cheese, is expected to go up 2% to 2.5% this year.
SPORTS
December 1, 2009 | By Bill Shaikin
The Angels have raised the price of some season tickets, cut the price of others and frozen prices on parking, concessions and single-game tickets. The Angels also added "preferred" seating categories on the field and terrace levels, with Angel Stadium now divided into 32 categories. For a year in which the All-Star game will be played at Angel Stadium, with season-seat holders guaranteed the opportunity to buy an All-Star game ticket, the Angels raised season prices by an average of 4.1%, spokesman Tim Mead said.
NEWS
November 27, 1985 | From United Press International
Nissan Motor Corp. U.S.A. announced today that effective Dec. 2 it will raise prices on all its 1986-model cars and trucks by an additional 4%. Last August and September, Nissan announced an average 1.3% price hike for its 1986 models compared with 1985.
BUSINESS
May 24, 2008 | From Times Wire Services
Kimberly-Clark Corp., maker of Huggies diapers and Scott towels, plans to increase prices on its baby and tissue products for a second time this year to counter rising material costs. The price of Huggies, Pull-Ups training pants, Cottonelle and Scott bathroom tissue, Viva towels and Kleenex facial tissue will increase 6% to 8% on average in the third quarter, Kimberly-Clark said.
BUSINESS
December 17, 2013 | By Stuart Pfeifer
This year, even bad news has ended up boosting Herbalife Ltd. stock. The latest example is the company's accounting difficulties. KPMG resigned as Herbalife's auditor in April after one of its partners admitted to an insider-trading scheme involving the company's stock. KPMG withdrew its approval of Herbalife's accounting statements for 2010, 2011 and 2012, forcing the nutrition company to hire PricewaterhouseCoopers to re-audit those statements. On Monday, Herbalife said PricewaterhouseCoopers had completed its re-audit and made no material changes to the statements.
BUSINESS
November 4, 2013 | By Jessica Guynn
SAN FRANCISCO -- Twitter has raised the price range for its hotly anticipated initial public offering to between $23 and $25 ahead of its initial public offering on Thursday. The move shows demand for the shares are high from institutional investors. The price boost means Twitter could at the high end of the range and be valued at $13.6 billion. Twitter plans to sell 70 million shares. The company initially said it would sell the shares at $17 to $20 apiece, a range that was below analyst expectations.
BUSINESS
November 4, 2013 | By Jessica Guynn
SAN FRANCISCO - Twitter Inc., signaling demand for its shares are high among institutional investors, has raised the price range for its initial public offering to $23 to $25 ahead of what is expected to be stock's first day of trading Thursday. The boost means the stock could be priced at the high end of the range and value the company at $13.6 billion. Twitter plans to sell 70 million shares. The company initially said it would sell the shares at $17 to $20 apiece, a range that was below analyst expectations.
BUSINESS
October 18, 2013 | By Tiffany Hsu
A day after announcing plans to raise prices in 2014, Chipotle Mexican Grill watched its stock surge in intra-day trading to an all-time high. The stock reached $511.10 a share on Friday before closing up 16%, or $70.67, at $509.74. Investors were cheered by the fast-casual chain's decision to charge more for food next year. Executives said an increase in the "mid-single digit range," landing in the middle of the year, "is a reasonable assumption. " It's "likely that the entire menu will be touched," said Chief Financial Officer John Hartung in a conference call with analysts Thursday.
SPORTS
September 12, 2013 | By Steve Dilbeck
Success has its costs. The Dodgers put their 2014 season tickets up for sale Thursday, and this time it is going to cost more to return to Dodger Stadium. In some places, a lot more. The Dodgers said more than 45,000 seats are increasing by less than $3, but they are making it more costly for the premium tickets. Like a little bit of the Staples Center approach. Though general admission parking remains unchanged, premium season parking increases from $300 to $400 for the season.
BUSINESS
September 4, 2013 | By Ricardo Lopez
The Dollar Menu at McDonald's may soon see higher prices and new offerings as the fast food company mulls a nationwide launch of a "Dollar Menu and More" concept this year, a spokeswoman confirmed Wednesday. McDonald's Corp., which has recently struggled to compete with other fast food giants, said it is considering changing its Dollar Menu, introduced over 10 years ago, to evolve with shifting consumer preferences and the needs of the business. Currently, it is testing the Dollar Menu and More concept in five markets that include Fresno; Columbia, S.C.; and Memphis, Tenn.  The new menu has new single burgers , more chicken options and double patty and deluxe versions of some of the current $1 items.  Quiz: How well do you know fast food?
BUSINESS
November 2, 2002 | From Reuters
Goodyear Tire & Rubber Co., North America's largest tire maker, said it would raise the retail tire prices by 4% to 5% on Dec. 1 because of higher prices for raw materials. The Akron, Ohio-based company said the increase would apply to all Goodyear, Dunlop and Kelly brand replacement tires. The announcement comes amid similar price increases by competitors Michelin and Cooper Tire & Rubber Co. Shares of Goodyear fell 29 cents, or 4%, to $6.81 on the NYSE.
BUSINESS
September 3, 2004 | From Bloomberg News
Starbucks Corp., the largest U.S. chain of coffee shops, plans to raise its beverage prices for the first time since August 2000 to cover higher costs for milk and health insurance amid slowing sales. The increase will take effect by year's end and will be modest, Chairman Howard Schultz said in a statement without elaborating. Milk prices have risen by 63% since March 2003, and coffee and sugar prices have climbed by lesser amounts this year. Shares of Seattle-based Starbucks rose $1.17 to $44.
BUSINESS
July 10, 2013 | By Chris O'Brien and Alana Semuels
SAN FRANCISCO - A New York federal judge's ruling that Apple Inc. conspired to raise electronic book prices cuts straight to the heart of the company's image as a consumer-friendly tech giant. Apple now faces the prospect of a judge imposing government oversight of its deals with content companies along with the possibility of paying monetary damages. But for the company, the greatest stake in the case has always been the potential damage to its reputation. With its motives and principles called into question, Apple took a defiant stance, vowing to appeal Wednesday's ruling despite the judge's decisive verdict and a decision by all its alleged co-conspirators to settle.
BUSINESS
July 10, 2013 | By Alana Semuels
NEW YORK -- Apple Inc. conspired to raise the prices of e-books, a judge ruled Wednesday morning, after a trial in which the Department of Justice accused the technology giant of aggressively pressuring publishers to raise prices and weaken Amazon.com. U.S. District Judge Denise Cote ruled that Apple is liable for civil antitrust violations, more than two weeks after closing arguments. “The Plaintiffs have shown that Apple conspired to raise the retail price of e-books and that they are entitled to injunctive relief.
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