BRIEFCASE.Byline: -- Staff and Wire Services L.A. gas prices down 3rd week 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. metropolitan area dropped significantly for the third consecutive week, the Auto Club reported Friday, amid dropping crude-oil prices and sufficient supplies. The average price of a gallon of self-serve regular gasoline in the Los Angeles area stood at $3.053 Friday morning -- 6.5 cents less than last week and 17 cents less than last month, but 6 cents more than at this time last year, 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. The region's average price has dropped for eight consecutive weeks. Facebook users win more privacy 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 -- Users of the online hangout hang·out n. Slang A frequently visited place. Noun 1. hangout - a frequently visited place haunt, stamping ground, resort, repair Facebook revolted and won as the site agreed Friday to let them turn off a new feature that drew privacy complaints because it lets others easily see changes made to their personal profile pages. The backlash came over Facebook's decision Tuesday to deliver automated, customized alerts about a user's closest friends, classmates Classmates can refer to either:
All of the information presented had been available before, but a person had to visit a friend's profile page and make note of any changes -- for example, noticing that the friend now has 103 friends instead of 102, and identifying which one got added. Broadcom finds option problems IRVINE -- Broadcom Corp., a supplier of chips used in communications devices, said Friday that it might need to record expenses starting at $1.5 billion for stock-option accounting flaws, double what it had estimated in July. The company said it has uncovered additional stock-option grants with inaccurate dates. Broadcom is one of at least 79 companies under scrutiny for possibly backdating Predating a document or instrument prior to the date it was actually drawn. The negotiability of an instrument is not affected by the fact that it is backdated. stock-option grants, or dating options retroactively ret·ro·ac·tive adj. Influencing or applying to a period prior to enactment: a retroactive pay increase. [French rétroactif, from Latin to coincide with share-price lows -- a practice that increases the potential windfall for the recipient of the award. The company had uncovered grants awarded between June 2000 and 2002 in which the measurement dates differed from grant dates. The measurement date is the day the stock price on the option is determined, while the grant date marks the day when the employee receives the option. On Friday, the company said it found additional grants awarded between June 1998 and May 2003 that also had differing measurement and grant dates. Wall Street sees moderate pickup NEW YORK -- Wall Street rebounded moderately Friday from two losing sessions as oil prices dropped further and investors mostly shrugged off another warning from a home builder about declining demand. The major indexes ended the week with losses. Investors apparently took in stride Adv. 1. in stride - without losing equilibrium; "she took all his criticism in stride" in good spirits Lennar Corp.'s announcement that it was lowering its third-quarter profit forecast, joining several rivals in pointing to lackluster demand in a slowing housing market. Warnings earlier in the week from companies such as Beazer Homes USA This article documents an lawsuit. Information may change rapidly as the suit progresses. . Beazer Homes USA (NYSE: BZH) is a Fortune 500 American homebuilding company based in Atlanta, Georgia. Inc. and Hovnanian Enterprises Hovnanian Enterprises, Inc. NYSE: HOV incorporated in 1967, designs, constructs, markets and sells single-family detached houses, attached townhouses and condominiums, mid-rise and high-rise condominiums, urban infill and retirement housing in the United States. Inc. left Wall Street unnerved at the prospect of a sharp economic slowdown. With relatively little in the way of market-moving economic news to chew on, investors got their biggest clue about the economy from the home builders. A few speeches from Fed officials also kept Wall Street guessing about the central bank's future. |
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