LOS ANGELES – When Aditi Mahmud and her family moved from Bangladesh to Los Angeles more than a decade ago, they landed in a gritty neighborhood that has long been a haven for Korean immigrants.
Now, the graduate student and other Bangladeshis want to carve out a special district in Koreatown and name it for their [...]
NEW YORK (AP) – Wall Street is set to resume its advance on the last day of the quarter as investors grow more optimistic about an economic recovery.
Although Tuesday started with news that home prices sank in January, investors were anticipating better news on consumer confidence and Chicago-area business conditions. Both reports are expected to [...]
CHATELLERAULT, France (AP) – French President Nicolas Sarkozy said Tuesday that global leaders cannot afford to let this week’s summit in London pass without making substantial progress in fixing the world’s economy.
Raising the stakes ahead of the meeting of G-20 leaders, Sarkozy said he wants “decisions that allow us to get out of this crisis [...]
Oil prices recovered Tuesday, as European stock markets rose and the dollar fell, but stopped short of $50 a barrel as fears of a major automaker bankruptcy in the U.S. sparked renewed jitters over the global economy’s outlook.
Benchmark crude for May delivery was up $1.43 to $49.84 by mid-afternoon in Europe in electronic trading on [...]
ATLANTIC CITY, New Jersey – A group led by billionaire investor Carl Icahn is offering $200 million to buy the Tropicana Casino and Resort in Atlantic City.
The low-ball offer shows just how steep a toll the recession has taken on the economy and the casino industry. A year ago, the Tropicana was expected to fetch [...]
VAN BUREN TOWNSHIP, Michigan (AP) – Car parts supplier Visteon, which used to be part of Ford Motor Co., says one of its British subsidiaries is filing for bankruptcy with the U.K. High Court.
Visteon UK Ltd., which owns three factories and employs about 600, is seeking protection from its creditors.
No other unit of Visteon Corp. [...]
DETROIT – Ford Motor Co. said Tuesday it is offering a payment protection plan to help reassure consumers who may be putting off buying new cars because of worries about losing their jobs.
The offer comes as auto sales have been battered by the recession and tight credit, reaching their lowest levels in 27 years. Ford’s [...]
LAS VEGAS – The 3-D gimmick of old Hollywood has become solid gold today.
The DreamWorks Animation comedy “Monsters vs. Aliens,” the latest flick in a growing crop of movies using new digital 3-D technology, pulled in well over half of its $59.3 million opening weekend grosses from 3-D screens.
By the time the movie finishes its [...]
NEW YORK (AP) – A makeup artist and a fashion stylist claim in coordinated lawsuits that they got ugly treatment from Queen Latifah when she cheated them out of $1 million.
Celebrity cosmetology consultant Roxanna Floyd says she lost $700,000 when the rapper-actress failed to pay her for work she did between July 2005 and February [...]
LOS ANGELES (AP) – Miley Cyrus plans to be back on the big screen, and soon. Hannah Montana? Not likely.
So says the 16-year-old whose alter ego brings her secret double life as a pop star to U.S. theaters on April 10 with “Hannah Montana: The Movie.”
“We got really lucky with having the material to make [...]
