Local Business
Honda to lease electric scooters from December
The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.
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ADB: Asia economies rebound, need to adjust policy
The Asian Development Bank raised its regional growth forecast this year from 6.6 percent to 7.5 percent on Tuesday but warned that governments need to adjust policies to avoid shocks that could hamper their recovery.
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Infosys says quarterly profit up 8.7 percent
Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent in dollar terms as a revival in demand for services spread to European and manufacturing clients.
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Business with Israel pays off in Jordan
Manager Rami Kurdi snapped off a quick celebratory salute to his workers as the factory's bell rang, marking the completion of the day's 1,000th tracksuit in record time.
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Asian shares fall as yearlong rally takes breather
Asian stock markets fell Tuesday as investors questioned whether the global economic recovery can support further gains to the yearlong equities rally.
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Oil falls to near $84, extending 5 days of losses
Oil prices fell for a fifth day to near $84 a barrel Tuesday in Asia as traders mulled whether a slowly recovering U.S. economy justified the recent two-month, 25 percent crude rally.
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Zale among wave of jewelers opposed to Alaska mine
The nation's second-largest jewelry retailer on Tuesday joined the opposition to a gold and copper mine being developed in southwest Alaska near the world's largest remaining wild sockeye salmon streams.
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Union official: Stern to leave Service Employees
One of nation's most powerful union leaders is preparing to step down from his post.
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Zale joins list of jewelers opposed to Alaska mine
The nation's second-largest jewelry retailer has joined the fight against a gold and copper mine being developed in southwest Alaska.
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Top ex-WaMu executives come before Congress
Former senior executives of mortgage lender Washington Mutual, the biggest U.S. bank in history to fail, are appearing before Congress on Tuesday for the first time since the bank's September 2008 collapse.
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Homeowners making sacrifices in tough economy
More than two thirds of Americans who've been unable to sell their home and buy one that better fits their needs have cut back on household expenses such as food, entertainment and clothing in order to pay their mortgage, a survey released Tuesday shows.
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San Diego Magazine editor will step down
The longtime editor of San Diego Magazine is stepping aside as the publication’s parent company looks to sell the property.
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County brewers holding heads high
Home-field advantage — who needs it? Not, it seems, San Diego County brewers in the World Beer Cup, an international contest held every other year.
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Asian shares fall in early trading
Most Asian stock markets fell in early trading Tuesday as an appreciating yen overshadowed a strong finish on Wall Street.
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Trib Co.'s Chap. 11 comeback plan still under fire
The Tribune Co. would give ownership of the Los Angeles Times, Chicago Tribune and other media properties to its main creditors under a bankruptcy reorganization plan that calls for wiping out most of the debt from an ill-timed buyout engineered by real estate mogul Sam Zell.
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Business-account guarantee likely to be extended
Federal bank regulators are expected to extend at least through year's end an unlimited government guarantee for special deposit accounts used by businesses.
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Mayor succeeds in outsourcing help desk
The first outsourcing bid by San Diego Mayor Jerry Sanders won City Council approval Monday despite skepticism over the proposed savings and the selection process.
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Calif. says Yellowstone Club founder skips taxes
The California Franchise Tax Board says Timothy Blixseth, founder of Montana's exclusive Yellowstone Club, owes $894,000 in unpaid personal income taxes.
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Syncrude deal part of China's oil shopping spree
China's not done shopping the globe for oil.
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Paramount tests frontier with `Star Trek' drives
Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate hard drives with a copy of the latest "Star Trek" movie and 20 other films already on board.
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