Westlake Village News
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North American airlines earned their highest rating for passenger satisfaction since 2006, before the advent of baggage fees, in a survey showing the value of smiling employees, onboard Wi-Fi and mobile applications.
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PulteGroup Inc. and Lennar Corp. are among eight builders buying the first 726 lots at the Great Park Neighborhoods, a residential community in Orange County, California, that has struggled to open since 2005.
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Dole Food Co. and Nestle SA’s Gerber unit are among food makers facing a trial in California today over accusations they violated a state law requiring them to warn consumers of unsafe levels of lead in baby food, fruit and juices.
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JPMorgan Chase & Co.’s efforts to hide trading losses, outlined in a Senate report yesterday, probably will ignite debate over whether the largest U.S. bank is too big to manage and ratchet up pressure on Chief Executive Officer Jamie Dimon to surrender his role as chairman.
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Former Vitesse Semiconductor Corp. Chief Executive Officer Louis Tomasetta and ex-Executive Vice President Eugene Hovanec were charged by the U.S. with securities fraud stemming from an options-backdating scheme.
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Toyota Motor Corp. led automakers with the fewest problems reported by U.S. owners of its three- year-old cars, while General Motors Co. and Honda Motor Co. also fielded models that topped their segments.
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K-Swiss Inc., the money-losing athletic-footwear maker, was sued by an investor who contends the company’s shares are undervalued in a $170 million, $4.75-a- share offer from South Korean clothier E.Land World Ltd.
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ValueClick Inc., the Westlake Village, California-based Internet-advertising company, fell after forecasting second-quarter revenue that trailed analysts’ estimates as the company reduces paid traffic in its Owned & Operated unit.
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E.Land World Ltd., a South Korean apparel distributor, agreed to pay about $170 million for K- Swiss Inc. to add the money-losing U.S.-based athletic shoemaker’s brands to its portfolio.
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Dole Food Co. settled a lawsuit claiming the world’s biggest producer of fresh fruit and vegetables misled consumers about the environmental practices on a contractor’s banana plantation in Guatemala.
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