Business news from the Whittier Daily News. Whittier Daily News was established in 1900 and provides local news, sports, business and entertainment news for Whittier, Pico Rivera and La Mirada California. Read this News Section...
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Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures this year of federally insured banks. The Federal Deposit Insurance Corp. Read Full Artice...
NEW YORK - To European officials, financial derivatives are dangerous weapons that worsened Greece's debt crisis and should be curbed.
To Wall Street, they're tools that reduce risk and generate profits and should be left alone. Read Full Artice...
NEW YORK - Guns. Religion. Abortion. These are the no-win arguments that spoil family gatherings - and the stuff of retailers' nightmares. Read Full Artice...
I did everything I was supposed to do on a project, including providing my work to one of the senior managers from another department. Read Full Artice...
SAN FRANCISCO - Last year, Palm thought it had all the pieces for a turnaround in the market it pioneered: A new CEO known for making the iPod a household name, a sleek new smart phone called the Pre and fresh, intuitive operating software. Read Full Artice...
WEST COVINA - Hammered by declining sales tax revenue and severe transportation budget cuts at the state level, Foothill Transit is facing a $12.5 million deficit for fiscal 2011. Read Full Artice...
American financial advisor, author, motivational speaker, and television host Suze Orman will speak Sunday at Club Nokia in Los Angeles. In July of 2009, Forbes named Orman 18th on their list of The Most Influential Women In Media. Doors open at 1 p.m. Read Full Artice...
China's top Internet regulator insisted Friday that Google must obey its laws or "pay the consequences," giving no sign of a possible compromise in their dispute over censorship and hacking. Read Full Artice...
The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo. Read Full Artice...
WASHINGTON - Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. Read Full Artice...
WHITTIER
Whittier business on display
A Business Expo and Trade Show will be from 4 to 7 p.m. Thursday at the Radisson Hotel Whittier, 7320 Greenleaf Ave. Read Full Artice...
WHITTIER - David Ardaya was always focused - at least since his college days.
He knew he wanted to do something to help people. Pursuing a doctorate in physiology was an option, but he wanted to interact with people every day. Read Full Artice...
WASHINGTON - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad. Read Full Artice...
INDUSTRY
Hot Topic posts quarterly loss
Hot Topic Inc. reported net income in the fourth quarter of $8 million, or 18 cents per share, compared to $14.2 million, or 32 cents per share, for the comparable period last year. Read Full Artice...
GOODBYE FREE FOOD: Continental Airlines is launching a food-for-sale program on flights in the fall.
DETAILS TO DIGEST: Continental is ending free hamburgers, barbecue and sandwich rolls for many of its passengers. Read Full Artice...
LOS ANGELES-The National Association of Home Builders says its housing market index slipped in March, as harsh winter weather and competition from foreclosed properties hurt builders' sales prospects. Read Full Artice...
NEW YORK-U.S.-traded shares of Baidu.com Inc. jumped Monday following media reports that rival Google Inc. is nearing a decision to close its search engine in China.
China has the world's largest Internet population. Read Full Artice...
ATLANTA-Michelle Williams, chief of bureau for The Associated Press in Arizona and New Mexico, has been named chief of bureau for the South Atlantic region.
The appointment was announced Monday by Kate Lee Butler, vice president for U.S. Read Full Artice...
NEW YORK-Shares of Amylin Pharmaceuticals jumped 13 percent Monday as the Food and Drug Administration asked for more information on its potential diabetes treatment.
Amylin, along with partners Eli Lilly and Co. and Alkermes Inc. Read Full Artice...
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