Tuesday, April 15, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Persistent Parker nears top job at American

Doug Parker has no problem donning rapper Psy’s light blue tuxedo for Halloween and performing his own version of Gangnam Style before hundreds of employees. The CEO of US Airways even let a video of his dance get posted to YouTube. He’s outspoken, confident, and persistent, and he is very close to being put in charge of the world’s largest airline.

After the 9/11 terrorist attacks, Parker camped out in Washington for three months to secure a government loan to keep his airline in business. One executive who was with him said it often seemed like the other airlines just wanted America West to go out of business.

Parker later engineered an audacious merger of America West and the larger US Airways. Then he spent the next seven years looking for another partner. First Delta rebuffed him. Then United. Twice. Parker then went after the only big airline left: American.

American also resisted at first. But Parker convinced its unions and bankruptcy creditors to pressure American management until it relented. The two sides announced Thursday they’ll combine to form an airline that’s bigger than United and Delta. Parker will run it.

States’ choices set up national health experiment

WASHINGTON — President Barack Obama’s health care overhaul is unfolding as a national experiment with American consumers as the guinea pigs: Who will do a better job getting uninsured people covered, the states or the feds?

The nation is about evenly split between states that decided by Friday’s deadline they want a say in running new insurance markets and states that are defaulting to federal control because they don’t want to participate. The choice was left to state governments under the law: Establish the market or Washington will.

With some exceptions, states led by Democrats opted to set up their own markets — called exchanges — and Republican-led states declined.

Herbalife stock surges after Icahn grabs stake

NEW YORK — Strictly business, nothing personal. That’s how Carl Icahn characterizes the latest turn in his clash with fellow Wall Street titan William Ackman.

Both men have a keen interest in Herbalife, a maker of dietary supplements designed to promote weight loss. Ackman claims the company is a fraud and has bet that its stock price will crumble; Icahn says it’s a great buy.

They both can’t be right, and for now it’s not clear which one is. Icahn, for his part, disclosed in a regulatory filing late Thursday that he had taken a 13 percent stake in the company, essentially betting that Ackman is dead wrong. Icahn says he’s not making his bet merely to spite Ackman.

US factory output falls on weak auto production

WASHINGTON — U.S. factories slowed production in January after two solid months of cranking out goods. The weakness mainly reflected a big drop in output at auto factories that is likely temporary.

Manufacturing output fell 0.4 percent in January from December, the Federal Reserve said Friday. The decline followed increases of 1.1 percent in December and 1.7 percent in November.

Overall industrial production edged down 0.1 percent in January compared with December. Output In mining, the category that covers oil and gas drilling, fell 1 percent. Utility output jumped 3.5 percent, as a cold snap led more households to turn up their heat.

Foreign holdings of US debt hit $5.56 trillion in December

WASHINGTON — Foreign demand for U.S. Treasury securities rose to a record level in December, evidence that overseas investors remained confident in U.S. debt despite on-going budget battles in Washington.

The Treasury Department said Friday that foreign holdings of U.S. Treasurys rose 0.3 percent in December from November to $5.56 trillion. It was the 12th consecutive monthly gain.

China, the top foreign holder, increased its holdings 1.7 percent to $1.2 trillion. Japan, the second largest holder, boosted its investment 0.2 percent to $1.12 trillion.

Burger King feels heat as rivals focus on value

NEW YORK  — A revamped menu helped boost Burger King’s profit in the fourth quarter but now the world’s second biggest hamburger chain says it needs to play up value more aggressively to compete with rivals.

The Miami-based chain said Friday that sales in the new year are trending “modestly negative” as the broader fast-food industry fights to attract cash-strapped diners with cheap eats.

To address the intensifying focus on value from competitors, Steve Wiborg, president of Burger King’s North America operations, noted the company launched a limited-time offer for a Junior Whopper at $1.29 this week.

Kraft Foods expects lower 4Q revenue

NORTHFIELD, Ill.  — Kraft Foods expects fourth-quarter adjusted earnings above analysts’ current estimates, but foresees lower revenue than a year ago.

The company, with brands like Oscar Mayer and Miracle Whip, also raised its 2013 earnings forecast Friday and announced that it will look to level out annual pension contributions after this year.

Kraft anticipates quarterly earnings of about 15 cents per share. Excluding charges, however, adjusted earnings would be 57 cents per share. That easily tops the 23 cents that analysts polled by FactSet expected.

BMW recalls more than 30,000 SUVs to fix brakes

DETROIT — BMW is recalling more than 30,000 SUVs to fix an oil leak that can knock out power-assisted braking.

The German automaker says the recall covers X5 SUVs in the U.S. from the 2007 through 2010 model years. The vehicles were made between Sept. 12, 2006, and March 18, 2010. They have eight-cylinder engines.

The company says a small amount of oil can leak from a brake hose and cause the power-assisted braking to fail. Brakes would still work, but the problem could increase stopping distances and cause crashes.

Facebook says it was hacked, no data compromised

Facebook Inc. says it was the target of hackers but no user information was compromised during the attack.

The social media giant said Friday on its security blog that the company discovered in January that its system had been targeted in a sophisticated attack. The attack occurred when a handful of the company’s employees visited a developer’s compromised website, which led to malware being installed on their laptops.

Facebook says it has found no evidence that user data was compromised.

The Associated Press

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

Solano News

Crews make quick work of vehicle fire

By Glen Faison | From Page: A6, 6 Comments | Gallery

 
People line up for Krispy Kreme opening

By Glen Faison | From Page: , 11 Comments | Gallery

Solano Jews gather for start of Passover

By Amy Maginnis-Honey | From Page: A3 | Gallery

 
Weather for Tuesday, April 15, 2014

By Daily Republic staff | From Page:

 
 
County discusses consolidated dispatch

By Barry Eberling | From Page: A4

 
Paper Clover Campaign supports Solano County 4-H

By Amy Maginnis-Honey | From Page: A6

 
Miner Slough Bridge to see repairs

By Barry Eberling | From Page: A4

 
‘Heaven is for Real’ opens Wednesday

By Amy Maginnis-Honey | From Page: B5

Fiesta Days pageant organizers seek contestants

By Amy Maginnis-Honey | From Page: A5

 
Easter hunt set for Mare Island

By Barry Eberling | From Page: A5

 
Coakley joins Solano fair board

By Barry Eberling | From Page: A6

 
.

US / World

Police: Man comes to courthouse in stolen car

By The Associated Press | From Page: , 4 Comments

 
California officials nab 11 in drug ring bust

By The Associated Press | From Page: , 2 Comments

 
Robotic submarine deployed in search for plane

By The Associated Press | From Page: , 1 Comment | Gallery

Post, Guardian win Pulitzers for NSA revelations

By The Associated Press | From Page: | Gallery

 
Ukraine struggles as east slips out of its control

By The Associated Press | From Page: | Gallery

Police: Utah mom admitted to killing her 6 babies

By The Associated Press | From Page: , 8 Comments | Gallery

 
Blast at bus station in Nigerian capital kills 72

By The Associated Press | From Page: | Gallery

Kansas shooting suspect had no record of violence

By The Associated Press | From Page: , 1 Comment | Gallery

 
Landmark thermometer to be renovated, relit

By The Associated Press | From Page:

 
Engaged pair, teen athlete among dead in bus crash

By The Associated Press | From Page: | Gallery

Spray-painted fire hydrants costing San Francisco

By The Associated Press | From Page: , 2 Comments | Gallery

 
.

Opinion

Editorial cartoons for April 15, 2014

By Daily Republic Syndicated Content | From Page:

 
Oh, for the days of Dr. Welby

By Dan K. Thomasson | From Page: A13, 7 Comments

 
 
Pay equity is a tough skill

By Ann McFeatters | From Page:

.

Living

What should I do about my fiancee’s wild sexual history?

By Kathy Mitchell and Marcy Sugar | From Page: , 1 Comment

 
Today in History for April 15, 2014

By The Associated Press | From Page:

Community Calendar: April 15, 2014

By Susan Hiland | From Page:

 
Horoscopes for April 15, 2014

By Holiday Mathis | From Page: B5

.

Entertainment

With $41.4M, ‘Captain America’ holds off ‘Rio 2′

By The Associated Press | From Page:

 
Flavor Flav takes plea deal in Vegas battery case

By The Associated Press | From Page: , 1 Comment | Gallery

MTV Movie Awards big Hollywood studio plug-fest

By The Associated Press | From Page:

 
Aw, geez, ‘Fargo’ is on TV with Billy Bob Thornton

By Frazier Moore | From Page: | Gallery

TVGrid April 15

By Daily Republic Syndicated Content | From Page: B6

 
.

Sports

Warriors beat Wolves 130-120, secure 6th seed

By The Associated Press | From Page:

 
John Jaso’s pinch-hit HR lifts A’s over Angels 3-2

By The Associated Press | From Page: | Gallery

Hockey title puts tiny Union on the sports map

By The Associated Press | From Page:

 
Warriors’ Bogut out indefinitely with rib fracture

By The Associated Press | From Page: | Gallery

Prep softball: Fairfield drops 4-0 decision to Dixon

By Daily Republic staff | From Page:

 
Prep badminton: Rodriguez rolls to 14-1 win over Davis

By Daily Republic staff | From Page:

 
Haas plans to field Formula 1 team in next 2 years

By The Associated Press | From Page:

A look at 10 things to watch in the NHL playoffs

By The Associated Press | From Page:

 
49er Culliver pleads not guilty to hit-run charges

By The Associated Press | From Page:

Augie’s Longhorns bounce back after miserable ’13

By The Associated Press | From Page:

 
Sun take Stanford’s Ogwumike with top pick in WNBA draft

By The Associated Press | From Page: | Gallery

 
Pistorius accused of staging outbursts at trial

By The Associated Press | From Page:

 
Pro sports becoming more open to paternity leave

By The Associated Press | From Page:

Olympic great Michael Phelps ending retirement

By The Associated Press | From Page: | Gallery

 
Kings-Sharks rivalry resumes in 1st round

By The Associated Press | From Page: | Gallery

 
.

Business

April 15 not much of a deadline for most taxpayers

By The Associated Press | From Page: | Gallery

 
Google buys drone maker Titan Aerospace

By The Associated Press | From Page:

 
US stocks recover some ground on retail sales gain

By The Associated Press | From Page:

Is hot market for IPOs cooling?

By The Associated Press | From Page: | Gallery

 
.

Obituaries

.

Comics

Blondie April 15

By Daily Republic Syndicated Content | From Page: B4

 
Word Sleuth April 15

By Daily Republic Syndicated Content | From Page: B5

Get Fuzzy April 15

By Daily Republic Syndicated Content | From Page: B4

 
Sudoku April 15

By Daily Republic Syndicated Content | From Page: B5

Beetle Bailey April 15

By Daily Republic Syndicated Content | From Page: B4

 
B.C. April 15

By Daily Republic Syndicated Content | From Page: B4

Crossword April 15

By Daily Republic Syndicated Content | From Page: B5

 
Bridge April 15

By Daily Republic Syndicated Content | From Page: B5

Wizard of Id April 15

By Daily Republic Syndicated Content | From Page: B4

 
Rose is Rose April 15

By Daily Republic Syndicated Content | From Page: B4

Frank and Ernest April 15

By Daily Republic Syndicated Content | From Page: B4

 
Dilbert April 15

By Daily Republic Syndicated Content | From Page: B4

Zits April 15

By Daily Republic Syndicated Content | From Page: B4

 
Baby Blues April 15

By Daily Republic Syndicated Content | From Page: B4

Sally Forth April 15

By Daily Republic Syndicated Content | From Page: B4

 
Pickles April 15

By Daily Republic Syndicated Content | From Page: B4

Baldo April 15

By Daily Republic Syndicated Content | From Page: B4

 
For Better or Worse April 15

By Daily Republic Syndicated Content | From Page: B4

Cryptoquote April 15

By Daily Republic Syndicated Content | From Page: B5

 
Garfield April 15

By Daily Republic Syndicated Content | From Page: B4

Peanuts April 15

By Daily Republic Syndicated Content | From Page: B4