Monday, January 26, 2015

From car lots to city budgets, cheap oil means change

WASHINGTON — Cheap oil doesn’t only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he’ll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield […]

On the money: Government policy change aims to help first-time homebuyers

Alex Veiga Uncle Sam wants to make it more affordable for Americans to buy their first home. The recent policy changes affect government-backed home loans and could make it less costly for first-time buyers to come up with a down payment or to afford private mortgage insurance. The changes center on the Federal Housing Administration […]

Raiders close to signing 1-year lease extension at Coliseum

ALAMEDA — The Oakland Raiders are close to signing a one-year extension to remain at the Coliseum for the 2015 season. Owner Mark Davis said Friday that an agreement has been reached and is just awaiting formal approval from the city, county and NFL before the team can officially sign it. The Raiders are searching […]

Review: IPhone user tries to go back to BlackBerry

Scott Mayerowitz NEW YORK — The BlackBerry’s blinking red light used to haunt me. Just when I thought I could relax, enjoy a nice dinner or go for a run, my BlackBerry would start blinking again, signaling a new message. I was an addict. Typing with one hand, hiding the BlackBerry under the dinner table? […]

Recalls this week: candles, pajamas

A line of candles that can ignite the surface of the wax, posing a fire hazard, is among this week’s recalled consumer products. Here’s a more detailed look: CANDLES DETAILS: Four types of DD branded single-wick candles: Mason jars in 5- and 12- ounce sizes, decorative jars in 10- and 20-ounce sizes, 13-ounce coffee tins […]

Fla. could become Deep South’s prime gay wedding destination

YULEE, Fla. — With gay marriage now legal in Florida, same-sex couples from around the Deep South crossed the border Tuesday as the Sunshine State became a prime regional destination for gay and lesbian weddings still banned back home. Out-of-state couples lined up outside county courthouses early Tuesday in the Panhandle and northern Florida counties. […]

January 11, 2015 | Posted in Business and Real Estate | Tagged | Leave a reply

Review: Who needs a separate camera with these 3 phones?

Anick Jesdanun NEW YORK — Phones have gotten so good at taking photos that I rarely bring along a stand-alone camera anymore. Of course, a phone is never going to replace a full-bodied, single-lens reflex camera, otherwise known as an SLR. There’s just no way to squeeze a powerful, SLR-type lens into the small body […]

Bad barley crop probably won’t affect 2015 beer prices

HELENA, Mont. — Problems with the 2014 malt barley crop in the western United States have resulted in the worst year for malting production in the nation, but beer drinkers likely won’t have to shell out an extra couple dollars for their favorite brews. Much of the nation’s large-scale brewing is done in the Midwest, […]

Auto industry acts globally – except on recalls

DETROIT — When it comes to making and selling cars, the auto industry thinks and acts globally: There is near-seamless coordination between parts suppliers, factories and dealerships. But when an unsafe car needs to be recalled, that global coordination breaks down — in part because governments do not demand it. There are no international standards […]

Troubled EU hoping the only way is up in 2015

BRUSSELS — Beset by critics and buffeted by economic woes, European Union chiefs might have been forgiven for thinking that at least Pope Francis would apply some balm for the New Year in his address to the EU parliament. Not so. Even the pontiff spoke of a continent that was “elderly and haggard” facing a […]

6 US cities: Good jobs but hard-to-afford homes

WASHINGTON — Home ownership is increasingly out of reach in the hottest job markets, especially areas that are attracting younger workers. Millennials are streaming into the San Francisco Bay Area, Silicon Valley, New York City and Washington, D.C., for the ample job opportunities there. Yet home prices in those areas have risen to several multiples […]

December 28, 2014 | Posted in Business and Real Estate | Tagged , | 1 Reply

Why areas with good jobs have hard-to-afford homes

WASHINGTON — It’s the new career trade-off: Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers. College graduates and younger families have been clustering in coastal cities such as New […]

December 28, 2014 | Posted in Business and Real Estate | Tagged , | 1 Reply

US company to open tuna cannery in American Samoa

PAGO PAGO, American Samoa — A Washington state company is making a $70 million investment in a tuna cannery in the U.S. territory of American Samoa. The canned tuna products from American Samoa will carry the “Made In USA” label, said officials with Tri Marine International. Based in Bellevue, Washington, Tri Marine took over the […]

December 28, 2014 | Posted in Business and Real Estate | Tagged , | 1 Reply

Ruling opens door for cruise malpractice lawsuits

MIAMI — Pasquale Vaglio, a retired New York City policeman and Korean War veteran, was on the cruise of a lifetime with 18 family members in the summer of 2011 aboard Royal Caribbean’s “Explorer of the Seas.” Then, the accident happened. Vaglio, 82, fell and hit his head shortly after disembarking for a sightseeing trip […]

Scarecrows outnumber people in dying Japan town

NAGORO, Japan — This village deep in the rugged mountains of southern Japan once was home to hundreds of families. Now, only 35 people remain, outnumbered three-to-one by scarecrows that Tsukimi Ayano crafted to help fill the days and replace neighbors who died or moved away. At 65, Ayano is one of the younger residents […]