Valet parking operators in Los Angeles would be regulated for the first time under an ordinance the City Council approved unanimously...
In brewing rivalry, Instagram trims ties to Twitter
Label: TechnologySAN FRANCISCO (Reuters) – Facebook Inc’s recently acquired photo-sharing service Instagram removed a key element of its integration with Twitter, signaling a deepening rift between two of the Web’s dominant social media companies.Instagram Chief Executive Kevin Systrom said Wednesday his company turned off support for Twitter “cards” in order to drive Twitter users to Instagram’s own website. Twitter...
Obama leads heads of state atop Forbes 2012 power list
Label: LifestyleNEW YORK (Reuters) – When it comes to power, politics trumps business, according to a new Forbes ranking on Wednesday that found heads of state occupying six of the top 10 spots among the world’s most powerful people, led by President Barack Obama.The annual list selected what Forbes said were the world’s 71 most-powerful people from among the roughly 7.1 billion global populace, based on factors...
Extended Use of Breast Cancer Drug Suggested
Label: HealthThe widely prescribed drug tamoxifen already plays a major role in reducing the risk of death from breast cancer. But a new study suggests that women should be taking the drug for twice as long as is now customary, a finding that could upend the standard that has been in place for about 15 years. In the study, patients who continued taking tamoxifen for 10 years were less likely to have...
Europe Fines Electronics Makers $1.92 Billion
Label: BusinessBRUSSELS — For a decade, senior managers at some of the world’s largest electronics companies met at golf courses, mostly in Asia, for what they called “greens meetings.” Besides golf, the business at hand was a price-fixing scheme that affected millions of consumers, the top European antitrust regulator said on Wednesday. Joaquín Almunia, the European competition commissioner, imposed...
Dec
04
Mediators may spur a quick resolution in port strike
Label: World Standing with a picket sign in hand, clerical worker Manny Garcia gestured his thanks to motorists honking in support as they...
Toshiba’s 10-inch Excite 10 SE tablet sells for $349.99, comes with Jelly Bean
Label: TechnologyWhile every other company is busy chasing the 7-inch tablet market, Toshiba (TOSBF) is keeping its eye on people interested in 10-inch tablets. Its new Excite 10 SE Android tablet is fairly similar to its Excite 10 LE, sporting a 10.1-inch 1280 x 800 resolution display, NVIDIA Tegra 3 quad-core processor, 16GB of internal storage, 3-megapixel rear camera, HD front camera, microSD card...
‘Dr. Phil”s stolen classic Chevy recovered
Label: LifestyleBURBANK, Calif. (AP) — Los Angeles police say they’ve recovered a stolen 1957 Chevrolet Bel Air Convertible that belongs to talk-show host Phil McGraw.Detective Jess Corral said Tuesday that investigators recovered McGraw’s classic car, along with 13 others, after law enforcement began targeting auto theft rings.McGraw is known as television’s “Dr. Phil. His car was stolen from the RODZ shop in Burbank...
Generic Drug Makers Facing Squeeze on Revenue
Label: HealthThey call it the patent cliff. Brand-name drug makers have feared it for years. And now the makers of generic drugs fear it, too. This year, more than 40 brand-name drugs — valued at $35 billion in annual sales — lost their patent protection, meaning that generic companies were permitted to make their own lower-priced versions of well-known drugs like Plavix, Lexapro and Seroquel...
Economic Scene: Unionizing at the Low End of the Pay Scale
Label: BusinessAndrew Kelly/ReutersA protester held up a sign at a demonstration outside McDonald’s in Times Square last week. Other than poverty, José Carrillo and Joshua Williams have little in common. The austere life of Mr. Carrillo, a 79-year-old Peruvian immigrant from Washington Heights, is a universe apart from the hardscrabble reality of Mr. Williams, a 28-year-old single father from Atlanta staying at...
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