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Byline: - Staff and Wire Services

Crude prices drive up prices at pump

Gasoline prices in the 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.  area rose again last week because of rising crude-oil prices, 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.

The average self-serve price for a gallon of regular unleaded gasoline was $2.236 in Los Angeles on Friday - 4 cents more than the previous Friday, 13.7 cents more than last month and 3.5 cents more than last year.

Prices have risen in six of the past seven weeks after dropping for 12 consecutive weeks.

Air Force lifts ban on Boeing bidding

WASHINGTON - The Air Force on Friday lifted a 20-month ban prohibiting Boeing Co. from bidding on satellite-launch contracts, saying the company had corrected problems that led to accusations that it stole information from a competitor in 1998.

The Chicago-based aerospace giant was suspended in 2003 and stripped of some $1 billion in launch contracts after it was found in possession of thousands of sensitive documents belonging to rival Lockheed Martin For the former company, see .

Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta.
.

Acting Air Force Secretary Peter Teets said Boeing will reimburse the military $1.9 million for the cost of investigating the allegations. Boeing also will pay for a special compliance officer, reporting to the Air Force, who will monitor the company's business ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social  for the next three years.

In July 2003, the Air Force banned Boeing from satellite launches after concluding that Boeing committed ``serious and substantial violations of federal law'' by stealing extensive information from Lockheed during competition for a $1.9 billion satellite-launching contract in 1998.

Job figures jump most in 4 months

WASHINGTON - U.S. employers added more than a quarter-million jobs in February - the most in four months - in a bright sign that the labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience  is on the mend. Wall Street rallied on the news, propelling the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 industrials to a 3 1/2-year high.

At the same time, more job seekers job seeker also job·seek·er
n.
One who seeks employment.
 returned to the hunt, pushing the unemployment rate higher.

The latest picture of the country's employment climate, released by the Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working  on Friday, showed that the nation's payrolls expanded by 262,000 last month. Gains were broad-based: Manufacturing, construction, retail, health care and business services were among the sectors seeing increases.
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Mar 5, 2005
Words:370
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