Category: Business

By Ben Fritz, Los Angeles Times – LOS ANGELES — Metro-Goldwyn-Mayer, the 88-year-old Hollywood studio that emerged from bankruptcy in late 2010, has filed for a possible public offering of its stock…

The Seattle Times – SEATTLE — Mexican airline Aeromexico said Wednesday it intends to order 100 Boeing aircraft in an order with a list price of approximately $11 billion. Grupo Aeromexico’s letter…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The crowd that wants to break up the biggest banks in the wake of the financial crisis has a new member — a…

By Brandon Bailey, San Jose Mercury News – Facebook is preparing to release its first quarterly earnings report as a public company Thursday, in what amounts to the giant social network’s first…

By Molly McMillin, McClatchy Newspapers – WICHITA, Kan. — Before the use of robots, technicians at Spirit AeroSystems, wearing welders’ jackets and hoods, sprayed hot flames on certain airplane parts to increase…

By Chad Terhune, Los Angeles Times – LOS ANGELES — Nearly 10 percent of employers anticipate dropping health coverage for their workers in the next three years as medical costs keep rising,…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — About 1 in 5 consumers considered moving their checking account to another bank in the past year, largely because of increased fees, but…

Washington, DC – The Commodity Futures Trading Commission today approved final regulations that establish a schedule to phase in compliance with new clearing requirements under the Dodd-Frank Wall Street Reform and Consumer…

By Richard Chang, McClatchy Newspapers – SACRAMENTO, Calif. — For Kamal Mansoor, a small sum of money made all the difference. In 2011, the Iraqi immigrant received a $15,000 loan from Opening…

By Lisa Brown, St. Louis Post-Dispatch – ST. LOUIS — The offices of Cat5 Commerce, a Chesterfield, Mo.,-based online retailer that sold an assault vest, two magazine pouches and a knife to…

By Howard Mintz, San Jose Mercury News – SAN JOSE, Calif. — Apple Inc. will be seeking $2.5 billion in damages when it goes to trial next week in San Jose federal…

By Marcia Heroux Pounds, Sun Sentinel – FORT LAUDERDALE, Fla. — Divorce is nearly always painful, and it can be a career killer or booster, lawyers and mediators say. Besides the stress…

By Mara Rose Williams, McClatchy Newspapers – KANSAS CITY, Mo. — When Jeff Mason arrived in Goodland, Kan., 29 years ago, he was the 17th lawyer in town. “We were stepping on…

By Allyn Gaestel, The Philadelphia Inquirer – PHILADELPHIA — Jo Buyske recalls her salary negotiations in 1998to become chief of surgery at Philadelphia’s Penn Presbyterian Medical Center. A male colleague seeking the…

By Lisa Demer, McClatchy Newspapers – FIRE ISLAND, Alaska — Look hard to the west from mainland Anchorage. The horizon is changing fast. Tall towers are rising up on Fire Island as…

By Tim Johnson, McClatchy Newspapers – QUERETARO, Mexico — In one part of this central Mexico city, technicians overhaul commercial aircraft engines and landing gear. Across town, engineers assemble fuselages for one…

By Kim Geiger, Tribune Washington Bureau – WASHINGTON — After more than a year of needling the Internal Revenue Service to tighten standards for election spending by nonprofit groups, advocates for campaign…

Terry Coyle, CR Gazette – An Egyptian-owned construction firm has economic development types along the Mississippi River salivating at chance to land its proposed $1.3 billion fertilizer plant. Potential sites in Iowa…

By Donna Gehrke-White, Sun Sentinel – You just graduated from high school or college and are starting a new job. You want to get off to a good start? Here are some…

By Arielle Kass, The Atlanta Journal-Constitution – ATLANTA — Tim O’Connell’s debit card, as well as yours, is ground zero in a battle between banks and stores. A new law that went…

By Mark Davis, McClatchy Newspapers – KANSAS CITY, Mo. — The tech bubble wiped out Tyler Sadlow’s first foray into the stock market. He had invested $100 in 1999 with his grandfather’s…

By Gregory Karp, Chicago Tribune – CHICAGO — As airline passengers fly to and from vacations this summer, they might be surprised to know their pilot may not have had a substantial…

By Chuck Myers, McClatchy-Tribune News Service – What determines the price for a gallon of gas, an ounce of gold or a bushel of wheat? In part, the commodity markets. From precious…

By Gail MarksJarvis, Chicago Tribune – Gulp. The bills parents are receiving now for this fall’s college costs are among the most horrifying most people will receive in a lifetime, perhaps $15,000…

By Ryan Faughnder, Los Angeles Times – LOS ANGELES — BlackBerry’s Research in Motion insists it’s not in a “death spiral,” but that isn’t stopping many companies from preparing — just in…

By Paul Brand, Star Tribune (Minneapolis) – QUESTION: I have a 1999 Ford F-150 with the 5.4-liter Triton V-8 engine, automatic transmission and 4WD with 130,000 miles on it. I haven’t experienced…

By Steve Johnson and Jeremy C. Owens, San Jose Mercury News – SAN JOSE, Calif. — In an auspicious initial public offering, Palo Alto Networks’ shares jumped nearly 27 percent Friday, indicating…

By Brent Snavely, Detroit Free Press – DETROIT — As automakers increasingly try to market their cars to young drivers they will find themselves fighting over a shrinking percentage of teenagers who…

By Tom Hudson, McClatchy Newspapers – What felt like building momentum has slowed to a crawl. At the beginning of the year, the U.S. economy was predicted to grow by about 2.5…

By John Boudreau, San Jose Mercury News – SAN JOSE, Calif. — The London Summer Olympics have yet to start, but the windfall from the global economic sports behemoth has already been…

By Alisa Priddle, Detroit Free Press – DETROIT — Ford said the C-Max Energi, which will be its first plug-in hybrid when it hits showrooms later this year, can run for more…

By Jeremy C. Owens, San Jose Mercury News – SAN JOSE, Calif. — More than two months after Facebook’s much-hyped initial public offering led to a botched first day of trading and…

By Christian Boone, The Atlanta Journal-Constitution – ATLANTA — From calls for a boycott to pledges of support, Chick-fil-A president Dan Cathy’s recent comments supporting traditional marriage have prompted strong reactions from…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Richard Cordray has a message for opponents of the Consumer Financial Protection Bureau: Neither he nor the new watchdog agency is going away….

By Nathan Bomey, Detroit Free Press – DETROIT — General Motors’ gradual shift from outsourcing most of its information technology services to conducting the work itself is not about saving money, GM…

By Jerry Hirsch, Los Angeles Times – LOS ANGELES — Every year automakers launch a barrage of advertisements pitching how they need to clear out the current year’s vehicles to make way…

By Alisa Priddle, Detroit Free Press – DETROIT — Ford CEO Alan Mulally, who orchestrated a financial, cultural and product-led turnaround at Ford, turns 67 next month. Mulally is not expected to…

By Janet I. Tu, The Seattle Times – SEATTLE — As expected, Microsoft posted its first quarterly loss as it reported its fiscal fourth-quarter results Thursday. The $492 million net loss stemmed…

By Brandon Bailey, San Jose Mercury News – MOUNTAIN VIEW, Calif. — Google turned in a strong second-quarter earnings performance that beat Wall Street expectations Thursday, as profit rose 11 percent and…

(DES MOINES, Iowa)  A Polk County judge today issued a temporary injunction against a California man doing business as “Iowa Corporate Compliance” after Attorney General Tom Miller alleged it to be a…