Radio & Television Business ReportCBS Corp. reports first-quarter earnings rose 80%Los Angeles TimesThe entertainment giant beats analyst estimates, thanks largely to digital distribution of its television programming and the sale of e-books. By Meg Ja…
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Mortgage Aid Programs Were Halted, Papers Show – New York Times
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Los Angeles TimesMortgage Aid Programs Were Halted, Papers ShowNew York TimesThe Federal National Mortgage Association and Freddie Mac approved and even initiated programs to reduce homeowner debt and save taxpayers millions, but halted them before the…
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New York City pension funds to vote against Wal-Mart directors – Los Angeles Times
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New York TimesNew York City pension funds to vote against Wal-Mart directorsLos Angeles TimesBy Shan Li One more piece of bad news for Wal-Mart Stores Inc.: A group of New York City pension funds, alarmed over allegations of widespread bribery by compa…
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Newspaper circulation inches higher, ABC says – Los Angeles Times
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AFPNewspaper circulation inches higher, ABC saysLos Angeles TimesThe Audit Bureau of Circulations says the Wall Street Journal continues to be No. 1 in daily newspaper circulation. Online readership continues to grow. Associated Press US newspaper circ…
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Foreclosures held steady in March – Los Angeles Times
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WINA AM 1070Foreclosures held steady in MarchLos Angeles TimesBy Nancy Rivera Brooks The number of US homes struggling through foreclosure held steady in March but fell from a year earlier, new data show, indicating that the huge wave of foreclosures t…
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Gores Flags Pep Boys Buyout After Downbeat 1Q View – Wall Street Journal
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New York TimesGores Flags Pep Boys Buyout After Downbeat 1Q ViewWall Street JournalThe private-equity firm buying Pep Boys-Manny Moe & Jack (PBY) hinted it could be souring on the deal after the auto-shop chain predicted a sharp decline in its firs…
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Honda’s April US Sales Slips 2.2% As Car Sales Fall – Wall Street Journal
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USA TODAYHonda's April US Sales Slips 2.2% As Car Sales FallWall Street JournalHonda Motor Co.'s (HMC, 7267.TO) US vehicle sales slipped 2.2% in April as a decline in car sales masked improved truck sales. American depositary shares were down 2…
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Money Minute: Delta to buy jet fuel from itself [Video] – Los Angeles Times
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CBS NewsMoney Minute: Delta to buy jet fuel from itself [Video]Los Angeles TimesBy David Lazarus Delta Air Lines is buying its own oil refinery to maintain a steady flow of affordable jet fuel. It's either a brilliant move or an insane one. The car…
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Applebee’s, IHOP parent DineEquity in turnaround mode, profit up – Los Angeles Times
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Dividend.comApplebee's, IHOP parent DineEquity in turnaround mode, profit upLos Angeles TimesBy Tiffany Hsu DineEquity Inc., the Glendale-based owner of IHOP Restaurants and Applebee's Neighborhood Grill & Bar, is relying heavily on franchi…
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Owner of Payless, Keds to be split in $2 billion acquisition – Los Angeles Times
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BloombergOwner of Payless, Keds to be split in $2 billion acquisitionLos Angeles TimesBy Tiffany Hsu Collective Brands Inc., which owns footwear brands such as Sperry Top-Sider and Keds and the shoe retailer Payless ShoeSource, will be split in two by …
