2014 Archive Stories Business

Mortgage rates remain below 4%

Fri Oct 24, 2014

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. RATE NEWS From Freddie Ma

Report: Closures, job cuts for Sears, Kmart

Fri Oct 24, 2014

Struggling retailer Sears Holdings is expected to lay off more than 6,000 employees and shutter 110-plus Sears, Sears Auto Center and Kmart sites throughout the country, according to news reports Thursday. The closures will mainly affect stores in Pennsylvania, Michigan and Indiana, according to Seeking Alpha, a financial news site that

Food report: Steak 'n Shake coming, McRib returns, Melting Pot closes

Fri Oct 24, 2014

Three years after revealing plans to bring Steak ’n Shake to the West Coast, the iconic steak burger chain is finally landing closer to Orange County. Owned by Texas-based Biglari Holdings, Steak ’n Shake will open Tuesday in Santa Monica. This is the second Steak ’n Shake to open in California after a loc

Harmonson: What does the NFL survey sent to SoCal residents mean for an L.A. team?

Wed Oct 22, 2014

Dozens of answers into the ordeal, it no longer was clear if the screen featured a dating profile or a survey about interest in the NFL’s return to the nation’s second-largest market. Queries about commitment levels gave way to questions about income and preferred locations for the relationship to blossom. But

With cheaper technology now, the pros and cons of installing solar

Tue Oct 21, 2014

When Ray Tse and her family moved into their Irvine home in April, their electricity bills averaged $250 a month. Then the long hot summer hit, increasing air conditioning use and pinching their pocketbook.But this fall, their bills are projected to fall $20 to $30 a month now that a crew is finished bolting solar panels on their Sto

Lansner: Here are five ways the Ebola crisis may cost you

Tue Oct 21, 2014

It can be extremely awkward to talk about money when people are dying and suffering. But there are economic costs to the Ebola crisis. The hardest hit areas in West Africa – Guinea, Liberia and Sierra Leone – are by no means economic powerhouses or major producers of key commodities. That doesn’t mean that in today&rsqu

Yokohama depends on Southern California workers, opts to relocate in region

Sun Oct 19, 2014

We hear a lot about the companies that choose to leave our area. Let’s hear about one that stayed. Japanese tire maker Yokohama has run its U.S. operations out of Fullerton since 1986. In the past year or so, the company realized it had grown out of its old base and needed new warehouse and office space. A move was in order

Real estate agents arm themselves to feel safer on the job

Sun Oct 19, 2014

The piercing alarm of a stun gun shattered the quiet in a Laguna Niguel neighborhood one morning last week as a real estate broker let it rip. “I feel more secure,” said Janet DePerry as she fired the small, cobalt blue weapon into the air to show how it uses electrical volts to disorient an attacker. “I’m goi

Hello Kitty: 40 & Fabulous

Sun Oct 19, 2014

Hello Kitty turns 40 years old on Nov. 1 and to celebrate that milestone birthday the little girl born in London four decades ago is throwing a bash that’s already begun and won’t wrap up for six months. An exhibit titled “Hello! Exploring the Supercute World of Hello Kitty” opened a week ago at the Japanese Ameri

Open & Shut: Taco Bell heats up K.C. menu with sriracha

Sat Oct 18, 2014

The Kansas City Royals aren’t the only ones on a hot streak in the city. Roughly 70 Taco Bells in the Kansas City market are testing a spicy menu of seven sriracha-laced items, including a scrambled egg breakfast with sriracha cream sauce. Other items – including tacos, beef grillers and a quesarito –feature sriracha se

FAA chief urges ONT-LAX agreement

Sat Oct 18, 2014

FAA chief Michael Huerta said the legal fight between Ontario and Los Angeles over the future of the Ontario International Airport is not something his agency can get involved with, but he said he hopes both sides will work to resolve the matter. Huerta, who grew up in the Inland area, was interviewed by local reporters shortly before he

Creamistry to open third location in Long Beach

Sat Oct 18, 2014

Ice cream shop Creamistry is opening its third shop later this month in Long Beach. The Yorba Linda-based company will open at 4725 E. 2nd St. in Belmont Shore. A grand opening is slated for Nov. 10, after a so

Honk: Must bicyclists carry ID? Passing the DMV test after eye surgery?

Fri Oct 17, 2014

Q. Are bicyclists required to carry ID? Seems this would help make them responsible/accountable for their own safety. Sometimes, they ignore stop signs or ride two abreast. I feel what's good for motorists must be good for cyclists. – Carolyn Brubaker, Newport Beach A. No, we don’t have to

Bullish stock market losing steam

Wed Oct 15, 2014

Has the stock market run out of gas? Seemed like it Wednesday. Traders were in sell mode and, by midday, had slashed key market indicators by nearly 3 percent. A late rally eased losses, but the widely watched Standard & Poor’s 500-stock index closed down 0.81 percent – or 15 points, to 1,862 – on the day. The vener

Remember Naugles? Trademark battle with Del Taco to decide fate of iconic chain

Wed Oct 15, 2014

Two decades after the disappearance of Naugles, fans of the Mexican fast-food chain continue to crave its red sauce-slathered combo cups, steamy cheese burritos and thick spicy taco sauce. “People have been pining to have Naugles again,” fan Doug Hall, 53, said. Pending the outcome of a trademark battle, Hall

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