Advertisement

Our coronavirus coverage is free for the first 24 hours. Find the latest information at tampabay.com/coronavirus. Please consider subscribing or donating.

  1. Archive

BEYOND TAMPA BAY

Toyota is recalling 803,000 vehicles in the U.S. because their air bags or power steering could stop working. The Camry and Camry hybrid, Avalon and Avalon hybrid, and Venza from the 2012 and 2013 model years are affected. Toyota says water from the air conditioning condenser can leak on the air bag control module and cause a short circuit, disabling air bags or causing them to deploy. The power steering assist function could also become inoperable if the module is damaged.

* * *

LG says it will start selling a tablet with a high-definition screen starting Nov. 3 in the U.S. at Best Buy and other retailers for $350, putting the price in line with Apple and Samsung tablets of similar size. The device has a screen that measures 8.3 inches diagonally. It's in full HD, similar to Google's Nexus 7 and Amazon.com's Kindle Fire HDX. Both 7-inch tablets sell for $229. The resolution on Apple's $329 iPad Mini and Samsung's $400 Galaxy Note 8.0, both about 8 inches, isn't as good as the G Pad. Apple is expected to refresh its iPad lineup next week.

* * *

Goldman Sachs, hit by a drop in trading on several of its big trading desks, reported third-quarter profit of $1.52 billion on Thursday, largely flat compared with the year-earlier period. Revenue in the quarter fell about 20 percent, to $6.72 billion, from $8.35 billion in the period a year earlier. Analysts were forecasting revenue of $7.36 billion. The company said its operating expenses in the third quarter were $4.56 billion, 25 percent lower than in the third quarter of 2012.

* * *

Google's third-quarter earnings climbed 36 percent to nearly $3 billion, despite a deepening slump in its average ad prices as more people connect to its search engine and other services on mobile devices. The results released Thursday exceeded the analyst projections that steer investors. Google's average ad price has declined from the prior year in each of the past eight quarters primarily because advertisers aren't yet paying as much for mobile ads.

* * *

358,000

First-time applications for U.S. unemployment benefits last week, down 15,000 from a week before for the seasonally adjusted figure, though the number was distorted for the second straight week by California's efforts to clear backlogged claims

* * *

THE BOTTOM LINE: Labor Department to release September employment report Tuesday, delayed 2-1/2 weeks because of partial government shutdown ...Online video service Hulu names Fox executive Mike Hopkins as its new CEO

YOU MIGHT ALSO LIKE

Advertisement
Advertisement