Business - Los Angeles Times - 2010-07-29 17:32:04.
Bob Kerrey out of running for top job at MPAA
It's back to square one for the Motion Picture Assn. of America. After months of negotiations with former Nebraska Democratic Sen. Bob Kerrey to become head of the movie industry's chief lobbying arm in Washington, talks broke down between the two.
Business - Los Angeles Times - 2010-07-29 17:32:04.
Toyota recalls Avalon sedans, more Lexus SUVs
The automaker cites a steering-system defect in 373,000 Avalons from the 2000-2004 model years. Also, more of the Lexus LX 470s will be pulled back for an unrelated steering problem. The action pushes the number of recalled Toyota vehicles in the last year to about 9 million.
Toyota Motor Corp. announced another large recall of autos in the U.S. on Thursday, this time for a steering problem in 373,000 Avalon sedans built for the 2000-2004 model years.
Business - Los Angeles Times.
Northrop beats expectations with higher second-quarter profit
The aerospace company reports $711 million in earnings, or $2.34 a share, and raises its forecast for the year.
Bolstered by sales of robotic planes and radar systems, defense contractor Northrop Grumman Corp. said second-quarter earnings nearly doubled from a year earlier.
Business - Los Angeles Times.
Citigroup to pay $75 million to settle civil charges
Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
Business - Los Angeles Times.
Amazon.com offers $139 Wi-Fi-only Kindle e-reader
Amid growing competition from Apple Inc.'s iPad and other e-readers, Amazon.com Inc. is launching a redesigned Kindle that's smaller, faster and has Wi-Fi and twice the battery life.
Business - Herald Tribune.
As Europe Seeks to Ban Food Made From Clones, Some Makes Its Way to Market
Despite public opposition, some livestock producers in Europe are showing great interest in technologies that are already relatively common in the United States.
