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CALIFORNIA | LOCAL
December 18, 1989 | GREG HERNANDEZ
Residents of a Westminster neighborhood have lost their 15-year battle to prevent a three-acre site near their homes from being rezoned for commercial development. The City Council has approved a zone change for the land at 10161 Bolsa Ave., north of Brookhurst Street, which will allow owner Russell Investments to build offices. Residents say they are concerned about increased traffic and a loss of privacy.
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BUSINESS
December 24, 2009 | By Tom Petruno
In Wall Street's horse race among stock sectors this year it won't be a photo finish: Big-name technology shares are way out front and still pulling away from the field. Among the 10 major industry sectors in the Standard & Poor's 500 index, tech stocks have rallied 59% in 2009, on average, led by well-known names such as Google Inc. (up 99%), Microsoft Corp. (59%) and IBM Corp. (59%). The tech sector's advance far outpaces the index's second-best sector, basic-materials stocks, which are up nearly 46% year-to-date on average.
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CALIFORNIA | LOCAL
January 12, 1992 | THUAN LE, TIMES STAFF WRITER
Developers will brave the recession to open two shopping complexes in Little Saigon soon, confident that the attractions of their malls will help business owners there survive until the economy improves. But city commerce officials say both projects are big risks because the Vietnamese retail district is already overdeveloped, with too many shops offering the same products and services.
CALIFORNIA | LOCAL
January 12, 1992 | THUAN LE, TIMES STAFF WRITER
Developers will brave the recession to open two shopping complexes in Little Saigon soon, confident that the attractions of their malls will help business owners there survive until the economy improves. But city commerce officials say both projects are big risks because the Vietnamese retail district is already overdeveloped, with too many shops offering the same products and services.
BUSINESS
December 24, 2009 | By Tom Petruno
In Wall Street's horse race among stock sectors this year it won't be a photo finish: Big-name technology shares are way out front and still pulling away from the field. Among the 10 major industry sectors in the Standard & Poor's 500 index, tech stocks have rallied 59% in 2009, on average, led by well-known names such as Google Inc. (up 99%), Microsoft Corp. (59%) and IBM Corp. (59%). The tech sector's advance far outpaces the index's second-best sector, basic-materials stocks, which are up nearly 46% year-to-date on average.
NATIONAL
December 13, 2010 | By Kim Murphy, Los Angeles Times
As urban skylines go, few are more striking than Seattle's sharp, clean panorama of skyscrapers looming above the waterfront, the snowy peaks of the Cascade Mountains in the background. Starting next year, visitors may quickly become aware that the tall building near the center of the tableau is the corporate headquarters of Russell Investments ? a coup for the city's economic development team and a kick in the stomach to the legions of urban design aficionados who have long worked overtime to fashion Seattle as the gold standard for liberal urban cool.
BUSINESS
August 7, 2009 | Associated Press
Investors shuffled through the final day of trading before the government's July employment report. The Dow Jones industrial average lost nearly 25 points and other major indexes suffered moderate slides Thursday as worries about the Labor Department's report dominated trading for a third day. A stream of disappointing July sales numbers from major retailers added to Wall Street's uneasy mood.
CALIFORNIA | LOCAL
October 27, 1992 | JON NALICK
As the Nov. 3 election draws near, contributions to Mayor Daniel H. Young and his three allies on the City Council election ballot have continued to far outstrip those of all their rivals combined, according to financial statements filed at City Hall last week. In the mayoral race, Young has now spent $54,674. In comparison, rival John Acosta has spent $9,450.
BUSINESS
September 25, 2009 | Associated Press
NEW YORK -- More good news about the jobs market is pulling investors back into the market. A day after the Federal Reserve said economic activity has improved, the Labor Department says the number of newly laid off workers seeking unemployment benefits fell for a third week in a row. Initial claims for unemployment insurance fell by 21,000 last week to 530,000, better than the 550,000 economists had expected. Later Thursday, investors will get data on existing home sales.
BUSINESS
August 15, 2009 | Associated Press
NEW YORK -- Stocks are heading lower as investors look for new clues about how the economy is faring. Investors are pausing after two days of buying as the Labor Department says a measure of inflation was flat in July after a slight increase in June. The market appears little fazed by a report showing production from the nation's factories, mines and utilities rose more than expected in July. It was the first gain in nine months as auto companies increased their output. In the first few minutes of trading, the Dow Jones industrials are down 33 at 9,364.
CALIFORNIA | LOCAL
December 18, 1989 | GREG HERNANDEZ
Residents of a Westminster neighborhood have lost their 15-year battle to prevent a three-acre site near their homes from being rezoned for commercial development. The City Council has approved a zone change for the land at 10161 Bolsa Ave., north of Brookhurst Street, which will allow owner Russell Investments to build offices. Residents say they are concerned about increased traffic and a loss of privacy.
BUSINESS
October 25, 2000
These companies and/or individuals recently filed for liquidation (Chapter 7) or reorganization (Chapter 11 or 13) in federal Bankruptcy Court in Santa Ana. Petitioner: Edith Marcela Paez Location: Garden Grove Listed business affiliation: MP Office Services, Marcela Paez Insurance Agency Type of business: Office services Filing: Chapter 7 Assets: $6,135 Liabilities: $100,347 Case number: 17945 LR Petition signed by: Edith Marcela Paez Date filed: Oct.
BUSINESS
October 10, 2010 | By Tom Petruno, Los Angeles Times
Most stock mutual fund categories scored double-digit gains in the third quarter, lifting 2010 returns back into the black. Equity markets worldwide surged in September as investors regained confidence in the global economy, or at least stopped expecting an imminent cataclysm. The average domestic stock fund, which had been down 4.7% year-to-date at the end of June, was up 5.3% as of Sept. 30 after rallying 10.5% in the quarter, according to Morningstar Inc. In a survey of 170 professional investors nationwide in late August, financial advisory firm Russell Investments found that 57% believed that stocks were undervalued.
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