Category Archives: Money
GM to invest $1 billion in U.S. plants, add or retain 1,000 jobs
By Chris IsidoreUnder attack from President-elect Donald Trump for its investment in Mexican plants, General Motors will announce plans Tuesday to invest at least $1 billion in U.S. factories, a move ...
Jan 17, 2017
Boeing snags $11 billion order from India’s SpiceJet
By Rishi IyengarBoeing has won a massive deal to sell its new 737 jet into the rapidly growing Indian market.The U.S. plane maker is going to supply another 100 of its 737 Max 8 jets to Indian budget ...
Jan 13, 2017
Global unemployment to hit 200 million as wages stagnate
By Ivana Kottasova The number of people out of work around the world will hit 200 million in 2017, a new record high. And those with jobs shouldn’t bank on a raise. Those are the findings of res...
Jan 13, 2017
Amazon says it will create 100,000 U.S. jobs
By Seth FiegermanAmazon just delivered an olive branch to Donald Trump.Amazon announced Thursday that it plans to create more than 100,000 new full-time jobs in the U.S. in the next 18 months, bringin...
Jan 12, 2017
Your morning cup of coffee will get more expensive
By Paul R. La MonicaIf the best part of waking up is Folgers in your cup, then be prepared to pay a bit more for your morning caffeine fix.Smucker, which owns the Folgers and Cafe Bustelo brands and a...
Jan 11, 2017
Airbus isn’t giving up on its A380 superjumbo
By Ivana KottasovaAirbus really wants to make its superjumbo work.The European aircraft producer defended its troubled A380 program on Wednesday, saying that orders for very large planes will increase...
Jan 11, 2017
Downtown LA’s Massive Building Boom
Downtown Los Angeles is undergoing its largest construction boom in nearly a century. It’s driven by foreign investment that's adding thousands of residences, construction jobs and a multitude o...
Jan 09, 2017
It costs $233,610 to raise a child
By Kathryn Vasel If you’re thinking of starting a family, you might be in for some sticker shock: Raising a child could cost you nearly a quarter of a million dollars. A middle-income, married c...
Jan 09, 2017
Apple cuts Tim Cook’s pay 15% for missing sales goals
By Matt Egan Apple’s sales slump is taking a bite out of Tim Cook’s paycheck. The iPhone maker cut Cook’s pay by 15% last year to $8.7 million, according to a filing released on Frid...
Jan 06, 2017
OC Beach Front’s Fate in Hands of State Supreme Court
The fate of Banning Ranch, the largest, last unprotected piece of coastal real estate in Southern California, is in the hands of the state Supreme Court. The 401 acres could be converted into 895 home...
Jan 03, 2017