Like many homeowners, hotels are starting to drown in debt. They have been enticing travelers all year with sweet deals: credits for in-house spas and restaurants, as much as 50 percent off five-star rooms, even free nights. But all that discounting hasn’t…

Hotel – Restaurant – Travel and Tourism – Lodging – Accommodation

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Glut of rooms, hotels fuel hotel defaults

The iPhone’s arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up a market dominated by world-beating domestic manufacturers. “I can’t wait to get my iPhone,” said Na Hae-bin, a 30-…

South Korea – iPhone – Asia – Government – Apple

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IPhone could be game-changer in South Korea

This blue-collar suburb on the edge of Los Angeles once helped send men to space. After the collapse of its aerospace industry, its ambitions are now more down-to-earth but still looking toward the future. The City Council last week unanimously approved an…

Los Angeles – City Council – California – United States – Counties

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Suburb pins revitalization hopes on Tesla

Due to arrive today SHIPFROMPORTMSC TexasLong BeachOAK Ludwigshafen ExpressLos AngelesOAK Due to depart today SHIPTOPORTMOL EnduranceTokyo, Japan OAK APL AmazoniteKaohsiung, TaiwanSFO Source: San Francisco Marine…

San Francisco – Japan – United States – California – San Francisco Bay Area

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Ship traffic for Nov. 29, 2009

United Commercial Bank of San Francisco liked to boast that it was the first U.S. bank to buy a bank in China. Instead it will go down in history as the first U.S. depository institution to fail after its parent company took money from the Treasury’s Troubled…

San Francisco – China – United States – United Commercial Bank – Parent company

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Cautionary saga of a failed San Francisco bank

As San Francisco’s first naval base redevelopment takes shape, a project with notable similarities across the bay has had mixed results, indicating how challenging it can be to remake large tracts of industrial property as economic cycles ebb and flow. Like…

San Francisco – United States – California – San Francisco Bay Area – Metro Areas

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Shipyards developer stays course in bad economy

Pappa Oppong scored 21 points to lead five players in double figures in an 81-67 win over Florida International on Saturday night. Justin Stommes scored 15 points, and Josh Taylor and Spencer Perrin each had 14. Dayvon Ellis added 10 points off the bench. The…

Kentucky – Florida – United States – Society and Culture – Tim Tebow

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Eastern Kentucky beats Florida International 81-67

BEIJING (Reuters) – China will expand schemes that give consumers a discount if they trade in old cars and household appliances for new ones, according to Vice Commerce Minister Jiang Zengwei.

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China to expand old-for-new car, appliance schemes

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Advice on Doing Business in Africa

NEW YORK (Reuters) – The Obama administration plans to announce on Monday a campaign to press mortgage companies to reduce payments for many more struggling homeowners, The New York Times reported in Sunday editions.

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Washington to press banks on mortgage relief: report

Police fired tear gas and rubber bullets Saturday to separate violent demonstrators from a protest of a meeting of top world trade officials, but the hooded “black bloc” activists were able to cause damage before 14 were arrested, spokesmen said. The…

World Trade Organization – Lachrymatory agent – Geneva – Economic – International

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Geneva: Police use tear gas on WTO protest

Dave Diakite scored a career-high 19 points and made a game-clinching steal to lead Central Florida to a 76-72 victory over Albany (N.Y.) on Saturday. With the Knights (5-1) leading 74-72 in the closing seconds, Diakite picked off an inbounds pass by the…

Florida – Albany New York – United States – Metro Areas – Society and Culture

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Diakite, Central Florida edge Albany (N.Y.) 76-72

Kevin Foster scored 16 of his season-high 25 points in the first half in leading Santa Clara past Fresno State 74-67 on Saturday as part of the West Coast Classic. Robert Smith scored a season high 17 points as the Broncos (3-3) ended a three-game losing…

Santa Clara – Robert Smith – Santa Clara California – California State University Fresno – West Coast of the United States

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Santa Clara wins 74-67 over Fresno State

6310 AP-BKC–T25-Louisville-UNLV Box UNLV 76, No. 16 LOUISVILLE 71 LOUISVILLE (4-1) Samuels 5-10 3-6 13, Swopshire 0-1 2-2 2, Knowles 2-5 0-0 4, Sosa 7-13 1-2 18, J.Smith 3-10 2-5 9, Siva 1-3 3-4 6, Buckles 3-4 4-5 10, Brickley 0-0 0-0 0, Delk 1-3 2-2 5,…

Sports – NCAA Division I – UNLV – Mountain West – Football

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BKC T25 Louisville UNLV Box

CHICAGO (Reuters) – In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing.

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Black Friday sales barely up, online surges