A top Ford executive says the company has reached the limit of how much money it will spend to get a contract agreement with the striking United Auto Workers union. Kumar Galhotra, president of Ford Blue, the company’s internal combustion engine business, told reporters Thursday that Ford stretched to get to the offer it now…
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Home-loan borrowing costs rose for the fifth straight week, keeping the average long-term mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power. The average rate on the benchmark 30-year home loan rose to 7.57% from 7.49% last week, mortgage buyer Freddie Mac said…
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Franklin Schneider | Wealth of Geeks A new survey reports that 22% of U.S. credit card users are sinking deeper into debt each month — with credit card debt preventing many from reaching financial milestones, such as buying a home or building a retirement fund. The findings come from a survey of 1,000 American credit…
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PLAYA VISTA — It was a bit surprising to see Robert Covington starting the Clippers’ second preseason game on Tuesday night. It was unforeseen because the 6-foot-7 power forward had started just twice in his two seasons with the team, and not at all last year. Perhaps even more remarkable was his stat line against…
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ANAHEIM — There isn’t a direct correlation between preseason and regular season success. Four of the six teams with the best preseason records in the Western Conference last season didn’t make the playoffs – including two that didn’t even qualify for the play-in tournament. The team with the league’s best regular-season record last season, the…
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Surfing and motorcycles may seem like two different worlds, but in coastal Southern California, they are pastimes that can co-exist and are being enjoyed together this weekend just steps from the ocean. The Moto Beach Classic, which started in 2017, is back at Bolsa Chica State Beach in Huntington Beach on Saturday, Oct. 14, an…
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Sprouts Farmers Market held a grand opening Thursday, Oct. 12 for a state-of-the-art distribution center in Fullerton that’s designed to shorten product delivery times and enhance the freshness of produce shipped to Sprouts markets. The 337,000-square-foot facility, at 1829 E. Orangethorpe Ave., began operation in April and currently serves more than 95 Sprouts locations within…
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Support our high school sports coverage by becoming a digital subscriber. Subscribe now Dan Albano’s biggest questions for Mater Dei in its showdown against St. John Bosco on Friday: 1. Can Mater Dei’s defense continue to dominate? Mater Dei has produced some outstanding defenses over the years but this 2023 version is making a case that…
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The Kings had two days off between games but when you’ve taken a job as a tightrope-walker in the NHL’s salary-cap circus, eventful moments are often unscheduled. De-scheduled were the team’s practice and media availability Thursday, however the Kings confirmed that winger Viktor Arvidsson has been placed on long-term injured reserve. Arvidsson is in his…
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So, Dodger fans, who do you blame? It has become an ugly October ritual in L.A., one that’s been avoided only once over the last 11 years. A team whose goal is, and should be, a World Series championship falls short, and the finger-pointing begins. Most of those fingers, at least from the fan base,…
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