Archive for the ‘Business’ Category

Planned Electric Rate Increase in Los Angeles May Affect Solar Power

Proceeds from an electric rate increase would be earmarked for renewable energy purchases and programs. > Read full story Full story

European stocks edge ahead as investors await data (AFP)

AFP - Europe's leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results. > Read full story Full story

Furriers Lure Young Designers

An industry campaign to aggressively court designers results in a fur rebound on the runway. > Read full story Full story

Northrop Withdrawal Brightens Boeing’s Future

Boeing will now have some welcome certainty about its future as a major builder of military aircraft. > Read full story Full story

Shell and Ingersoll-Rand Curb Business in Iran

The announcements by Ingersoll-Rand and Royal Dutch Shell come as the U.S. is pressing for new sanctions. > Read full story Full story

Morrisons profit up on new stores

The UK's fourth biggest supermarket group, Morrisons, reports a 30% rise in annual profits after it opens more stores. > Read full story Full story

US reports record budget deficit

The US government records a budget deficit of $221bn (ÂŁ147.6bn) in February - the largest monthly deficit in its history. > Read full story Full story

Neighbors Oppose Green Label for the Software Mogul Mitch Kapor’s Big House

When the software mogul Mitch Kapor won planning approval for his 10,000-square-foot house in Berkeley, Calif., neighbors were surprised that it will qualify as “green.” > Read full story Full story

EMI Music Names a New Chief

Charles Allen was named executive chairman of EMI Music. He replaces Elio Leoni-Sceti, who is leaving the company. > Read full story Full story

Wal-Mart spent $1.78 million lobbying in 4Q (AP)

AP - Wal-Mart Stores Inc., the world's largest retailer, spent nearly $1.78 million lobbying in the fourth quarter on a wide range of issues from health care reform to organized crime and food safety issues, according to a recent disclosure report. > Read full story Full story







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