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Byline: - Staff and Wire Services

Local gas prices inching back up

Drivers' enchantment with twelve weeks of falling gasoline prices has come to an end as the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions.  reported Friday that prices crept up almost one cent last week. The nine-tenths of a cent increase put the cost of a gallon of regular at $1.979 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , which the Auto Club said resulted from oil refineries This is a list of oil refineries. The Oil and Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.  entering into annual turnaround to produce summer-blend gasoline.

Ex-TV Guide exec settles fraud case

A former executive with Gemstar-TV Guide International Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR  Inc. has agreed to pay more than $305,000 to settle federal fraud charges brought by the Securities and Exchange Commission, the agency said Friday.

Jonathan B. Orlick, who served as general counsel, executive vice president and was a member of the media and publishing company's board of directors, is also prohibited from serving as officer or director of a public company for 10 years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 SEC said.

General Electric profits leap 18%

STAMFORD, Conn. - General Electric Co.'s profits jumped 18 percent in the fourth quarter, saying acquisitions and a strong global economy are ushering in Noun 1. ushering in - the introduction of something new; "it signalled the ushering in of a new era"
first appearance, introduction, debut, entry, launching, unveiling - the act of beginning something new; "they looked forward to the debut of their new product line"
 a return to double-digit earnings growth at the nation's largest company.

The Fairfield-based industrial, financial and media conglomerate said Friday it earned $5.37 billion, or 51 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, in the October-December period, up from $4.56 billion, or 45 cents a share, a year ago.

The results beat the consensus estimate of 50 cents per share of analysts surveyed by Thomson First Call.

Consumers' mood low early in month

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 - Consumers' outlook on the economy was less rosy in the first half of the month, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a leading survey released Friday that attempts to gauge the mood of the nation's shoppers.

The University of Michigan's mid-month report on consumer sentiment for January showed that its headline index fell to 95.8 from 97.1 in December, according to people in the market who have seen the subscriber-only report.

The average forecast for the index was 97.0, according to a Dow Jones Newswires/CNBC survey of economists.

Discover joining up with Wal-Mart

NEW YORK - In the latest challenge to the Visa and MasterCard dominance of the American credit card market, Discover Financial Services Inc. announced on Friday that it is teaming up with Wal-Mart to issue a new credit card to customers of the world's largest retailer.

It is Discover's first major card deal since the U.S. Supreme Court last October let stand an antitrust ruling that forced Visa and MasterCard to stop preventing their member banks from issuing rival cards.

That made it possible for Discover and the American Express Co. to begin seeking American partners to issue their cards.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Jan 22, 2005
Words:456
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