Business news from Palm Springs, Coachella Valley http://www.mydesert.com en-us Copyright 2013, mydesert SaxoTech Online Thu, 23 May 2013 00:00:00 -0700 Thu, 23 May 2013 05:00:20 -0700 15 http://www.mydesert.com/viewart/20130522/BUSINESS/305220017 CEO pay has been going in one direction for the past three years: up. Wed, 22 May 2013 21:09:00 -0700 http://www.mydesert.com/viewart/20130522/BUSINESS/305220017 http://www.mydesert.com/article/20130522/BUSINESS/305220016 Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that it's too soon for the central bank to let interest rates rise, saying the economy would face a 'substantial risk' if the Fed tightened monetary policy. Wed, 22 May 2013 21:08:00 -0700 http://www.mydesert.com/article/20130522/BUSINESS/305220016 http://www.mydesert.com/viewart/20130522/BUSINESS/305220015 The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. Wed, 22 May 2013 21:05:00 -0700 http://www.mydesert.com/viewart/20130522/BUSINESS/305220015 http://www.mydesert.com/article/20130521/BUSINESS/305210025 Go slowly on Tumblr. That was the key message for Yahoo management by investors and industry watchers as they digest Yahoo's $1.1 billion acquisition of Tumblr that was announced Monday. Tue, 21 May 2013 21:58:00 -0700 http://www.mydesert.com/article/20130521/BUSINESS/305210025 http://www.mydesert.com/article/20130521/BUSINESS/305210024 It's not causing nearly as much angst as a stock market meltdown, but the recent stock price melt-up is stirring concern that the market might overheat. Tue, 21 May 2013 21:57:00 -0700 http://www.mydesert.com/article/20130521/BUSINESS/305210024 http://www.mydesert.com/viewart/20130521/BUSINESS/305210023 Microsoft unveiled the Xbox One, its next-generation entertainment console, during a presentation Tuesday at its headquarters in Redmond, Wash. Tue, 21 May 2013 21:56:00 -0700 http://www.mydesert.com/viewart/20130521/BUSINESS/305210023 http://www.mydesert.com/article/20130521/BUSINESS/305210022 Apple CEO Tim Cook defended the tech giant from a scathing Senate panel's report that concluded the company famed for its iPhones and iPads was infamous for corporate tax avoidance. Tue, 21 May 2013 21:55:00 -0700 http://www.mydesert.com/article/20130521/BUSINESS/305210022 http://www.mydesert.com/article/20130520/BUSINESS/305200017 The Coachella Valley Women's Business Center will present the workshop 'Writing a Winning Business Plan' from 5:30 to 7:30 p.m. Tuesday at the center's office, 77-806 Flora Road, Suite A, Palm Desert. Mon, 20 May 2013 20:52:00 -0700 http://www.mydesert.com/article/20130520/BUSINESS/305200017 http://www.mydesert.com/article/20130520/BUSINESS/305200015 For decades, U.S. manufacturers fled the country for China to drive down labor costs, then shipped products halfway around the world to sell to Americans, costing the U.S. millions of jobs. Mon, 20 May 2013 20:49:00 -0700 http://www.mydesert.com/article/20130520/BUSINESS/305200015 http://www.mydesert.com/article/20130520/BUSINESS/305200014 American consumers have denied themselves so much for so long - putting off buying homes, cars and other purchases - that their pent-up demand is poised to kick-start a sluggish economy. Mon, 20 May 2013 20:47:00 -0700 http://www.mydesert.com/article/20130520/BUSINESS/305200014 http://www.mydesert.com/viewart/20130520/BUSINESS/305200013 Business news and notes from across the United States Mon, 20 May 2013 20:45:00 -0700 http://www.mydesert.com/viewart/20130520/BUSINESS/305200013 http://www.mydesert.com/article/20130518/BUSINESS/305180037 When former EPA head Lisa Jackson mounted the pulpit to call for the 'bankruptcy of coal' in January 2012, she released a firestorm of supporters agitating not only against the use of coal for power generation and iron ore/steel conversions, but who are now active in attempting to stop all coal exports. Sat, 18 May 2013 23:54:00 -0700 http://www.mydesert.com/article/20130518/BUSINESS/305180037