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L.a. Economy Relies on Aerospace and Oil

The mere mention of Los Angeles is enough to make most of us think of the city’s wonderful climate, movie stars and the Hollywood sign. Many forget that Los Angeles is a business and manufacturing powerhouse, too. In fact, the city’s bustling economy, which is built on international trade, music, television and the movies, aerospace, technology, oil, fashion and tourism, makes the City of the Angels the biggest manufacturing center in the United States.

One of the best ways to zero in on the industrial sectors that make the Los Angeles economy so powerful is to look more closely at the five Fortune 500 corporations that make Los Angeles their home Listed in alphabetical order according to the business sector they represent, these corporations are Northrop Grumman (aerospace), Occidental Petroleum (energy), Health Net (health care), KB Home (home building) and Reliance Steel & Aluminum (metals).

Here’s a synopsis of each of these five corporations:

Founded in 1927 in Denver, Colorado, aerospace and defense contractor Northrop Grumman now calls Los Angeles its home base. With estimated annual revenues of 30 billion dollars and more than 120,000 employees worldwide, Northrop Grumman is the third biggest U.S. defense contractor and the number one maker of naval vessels for the U.S. Navy. Northrop Grumman’s Corporate Headquarters are located at 1840 Century Park East, Los Angeles, California.

Nicknamed «OXY» after its trading symbol on the New York Stock Exchange, Occidental Petroleum is America’s fourth largest oil and gas company. Headquartered at 10889 Wilshire Boulevard, Los Angeles, California, OXY employs about 9000 workers at locations in the United States, the Middle East, North Africa and South America. Occidental Petroleum is the biggest Texas oil producer and also California’s number one producer of natural gas.

Health Net, Inc., provides HMO, POS, PPO and other managed health care solutions to almost seven million customers in all 50 states. Health Net, which is formally based in Woodland Hills, one of many districts within the city of Los Angeles, came under national scrutiny in 2007 when a California woman sued the company, claiming it had wrongly discontinued her care during chemotherapy. As of this writing, the case is still pending in the courts.

Originally launched in 1957 as Kaufman & Broad, KB Homes is one of America’s biggest homebuilders. KB Homes erected homes for some 37,000 American families in 2005, the last year for which this kind of data was available. Based in Los Angeles, KB Homes has four main divisions within the United States: West Coast (California), Southwest (Arizona, Nevada and New Mexico), Central (Colorado, Illinois, Indiana, Louisiana and Texas) and Southeast (Florida, Georgia, Maryland, North Carolina, South Carolina and Virginia). KB Homes’ Corporate Headquarters are located at 10990 Wilshire Boulevard, Los Angeles, California.

A hometown success story, Reliance Steel & Aluminum was established in 1939 at Los Angeles, where it originally manufactured steel reinforcing bar. Today, the company sells a complete line of over 60,000 metal products at over 180 locations in the United States, Belgium, Canada, China and South Korea. Still true to its roots, Reliance directs its global operations from its Corporate Headquarters at 350 South Grand Avenue, Suite 5100, Los Angeles, California.

Contact the Los Angeles Area Chamber of Commerce at 350 South Bixel Street, Los Angeles, California, for more information about the Los Angeles economy.

International Finance–“Source One International”– (Carry Trade Unwinds)..

“Source One International” analysts believe that the so-called “carry trade” in the US dollar has begun to unwind but urged clients to refrain from bailing out of stocks pending a possible stall in the currency’s rally in early 2010.

The firm believes that the rally may be due, in part, to fund managers and traders wishing to square their books and take profits off the table heading into the Christmas break and adds that the relatively mild sell off in equities and commodities may be a significant indicator to the strength of the dollar’s apparent renaissance.

Gold has sold off significantly since the dollar began its ascent going from $1225 to $1100 an ounce in less than two weeks but “Source One International” analysts suggest that it is too soon to speculate on a price target. Support at $1100 has held well with plenty of buyers being found.

“Source One International” apparently believes that gold may reach $1800 per ounce in 2010 as the global economy faces the threat of a double-dip recession and the potential for additional money printing by global central banks.

The firm also believes that the resilience of mining stocks to gold’s sell off is encouraging and urged clients to hold for instructions.
Gold stocks have rallied strongly over the last 3-6 months as gold has increased in value and, according to the “Source One International” analysts, remain an excellent play on the long term bull trend in the precious metal.

“Source One International”: World reminded of oil’s vulnerability to geo-political tensions.

“Source One International” analysts reminded its clients this month that in addition to the pressure from mounting demand from nations undergoing fragile economic recoveries, the price of oil remains highly vulnerable to tensions in the Middle East.

Sources close to the Asian-based investment boutique say that the latest client email apparently highlighted news that Iranian military forces had occupied an area around an Iraqi oil field and erected their national flag. The incident helped spur a significant rally in the price of oil which, at one point, bridged the $75 a barrel mark.

“Source One International” believes that the incident is likely to pass without major incident but reiterated its advice to clients to invest in selected oil producers and explorers for a leveraged play on the secular bull market in crude.

The “Source One International” email reportedly suggested that what it called the “Iran issue” was unlikely to fade in the months going forward given the recalcitrant stance of the Iranian leadership. It added that the strong recovery in the emerging markets combined with a US dollar in a long-term downtrend would continue to add to the upward pressure on oil and that this would inevitably culminate in a return to $100 a barrel oil prices.

Iq Consulting Services As Channel Partner

Scott Smith, President and Chief Executive Office of TGI, said, «We are very pleased with the addition of IQ Consulting Services to our Platinum Partner program. IQCS’s experience in the plastics industry and in WMS software solutions will truly compliment our partner program and will add a significant amount of knowledge to our sales and implementation teams.»
Technology Group International (TGI), a leading software solutions provider, today announced the addition of IQ Consulting Services to TGI’s channel partner program.
IQCS’s team specializes in providing manufacturing and distribution related consulting services for the automotive, plastics, and life science vertical markets. The company has significant consulting expertise in areas ranging from lean manufacturing and business process reengineering to data collection, ERP and WMS implementations. IQCS will serve as a Platinum level partner for TGI and will manage a territory within Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, eastern Pennsylvania, and Vermont.
«We set out to find an ERP solution to support order to cash integration, and specific industry requirements for small to mid size companies said Steve Crapser, President and Chief Executive Officer of IQCS. After careful review, TGI was our clear selection. We thought TGI offered the best price performance value to their client base. The system offers Enterprise level functionality at a price geared to our market segment. We are excited to be able to offer these same benefits to our client base.»
About Technology Group International, Ltd.
Founded in 1990 and headquartered in Toledo, Ohio, Technology Group International is a proven technology leader delivering Tier 1 application software functionality at a price performance level that can be readily accepted by organizations of all sizes. Specializing in software solutions for small and mid-market manufacturing and distribution companies, TGI’s integrated Enterprise Series software suite is a complete business process management solution. The product offering includes Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply Chain Management (SCM), Warehouse Management System (WMS), Advanced Planning and Scheduling (APS), Decision Support System (DSS), Business Intelligence, Manufacturing Execution System (MES), and eCommerce. TGI implements, maintains, enhances, and supports its packaged distribution and manufacturing software solutions directly and via its channel partners.
About IQ Consulting Services
IQ Consulting Services is a solution provider headquartered in Holliston, Massachusetts and has been providing technology expertise for small to mid size businesses since 1999. As a total technology solution provider, IQCS helps their clients’ plan, design, install, integrate, and implement ERP, warehouse management systems, supply chain management, bar code and EDI Solutions. IQ Consulting Services adds value through their real world experience and in-depth knowledge of technology solutions.

Its Weight in Gold

Li Qiangong, styled Mian,( http://www.designer-cheap.com/) was once the Military Commander of Fengxiang Prefecture! A farmer from one of the Districts under the Prefecture found a large earthen jar full of gold pieces in the shape of horse shoes. The gold was taken to the District Magistrate. The Magistrate was afraid lest the official storehouse could not provide sufficient security so he put it in his private chambers. After two nights he went to inspect the jar and found only pieces of earth.At the time the gold in the jar was dug up, all the people from the surrounding villages came to look and they examined the gold. As a result, when the news that the gold had changed into earth became known, everyone was amazed. The matter was reported to the Prefecture authorities. The Magistrate could not defend himself and was forced to submit a false confession to the effect that he had replaced the gold with earth. Though most of the paperwork was complete the hiding place of the gold was not discovered. The case was reported to the high-ranking officials. Li Qiangong read the file and was furious. He happened to mention this case in a banquet and all those present were bemused. At that time Prime Minister Yuan was in the Prefecture. He bowed his head and said nothing.On being inquired by Li, Yuan said, «I suspect there has been an injustice in this matter.»»There were witnesses,» Li pointed out, «it is not as if the judge did not make investigations.»»Yes, you are right,» replied Yuan.They went to the official tribunal and examined the earthern jar. It was stuffed with over two hundred and fifty lumps of earth. Gold pieces were sought from the many shops of the region and these were melted down so that the quantity was equivalent to that of the pile of earth. When only half the gold was weighed, it came up to three hundred catties. Enquiries were made concerning the manpower used to transport the jar to the Magistrate. When Wu Xingde was the Governor of Luoyang, (http://www.watchescat.com/)the eastern capital, there were laws prohibiting the private transportation of salt. If a person could catch anyone transporting over one catty of salt without official permission, he would receive a big reward. At that time, many desperadoes made use of this law to frame people.A certain village boy often carried a load of vegetables into the city. One day he met a nun on the way. She was from east of the river and they kept each other company. When they were near the city, the nun hurried in front of him and entered the gate. After a little while, the guards at the gate searched the boy and found several catties of salt in his basket of vegetables. The boy was bound and taken to the Prefecture authorities.Wu Xingde took the salt and examined it. The salt was wrapped in a white silk handkerchief which had a strong fragrance. Wu was very surprised.»This village boy is dressed in rags. His clothes could not be more tattered. How could he possess a fragrant handkerchief such as this? This must be the work of crooks.»»Did you walk with anyone after you left home?» Wu asked the boy.The boy told him what happened. Wu Xingde was delighted.»I’ve got it. This must be a plot between a nun from the Tiannii Convent and the guard at the city. gate. They hope to earn some easy money by getting the reward.» Hot summer, Chaner kept shouting in the trees: «cicadas, cicada,» leaves, grass lit by the sun hung his head, and all life are no alternative but to endure. Only pond, the fields, the stream of small water droplets do not want to endure, come together to talk the summer somewhere. One of the small water droplets, said: «Yesterday, when it rains from the heaven, where the partnership that they can be cool, and they have become water vapor has returned.» They talk a good range of small water droplets are on the sun-baked into a the water vapor, embarked on a summer’s journey to heaven. Along the way, the small drop their eyes to see, however, and there are high-rise buildings, They discovered that two fanners carried it using a thick bamboo as a carrying pole. Considering the amount of gold involved it was beyond the strength of two men to lift the load. It was obvious that the gold had already ‘changed’ into earth on the road. Everybody was convinced and the Magistrate was exonerated.( http://www.top-watches-brand.com/)

How to Make Money With Online Affiliate Marketing

Come one, come all, there’s gold in them there hills! The California gold rush was one of the most documented stories of the old west. Gold found at Sutter’s Mill was heard not just all the way to the east coast, but the news made its way around the world too. Hordes of people came from practically everywhere with the hope of striking it rich. Unfortunately, very few of the people that came to California in search of instant riches ever realized their dreams.

This is exactly what is happening right now with online affiliate marketing, believe it or not, only on a much larger scale. In this case, the people that are making money online are treating online affiliate marketing just as they would any other business, the others, which are the vast majority, are losing money left and right because any one of a dozen reasons.

So what does it really take to become successful as an affiliate? For each person that answer may be just slightly different, however, there are a few things that will help to point you in the right direction.

#1. Find a mentor — You need someone that is already succesful at what you want to do to teach you the ropes. It may cost you a bit of money, but it won’t be nearly as much as you’ll waste by trying to do it on your own. You’ll be able to eliminate unnecessary expenses and mistakes. That alone is worth a fortune.

#2. Build a list of prospects and customers for EVERY market you enter. Some may not agree and that’s fine. My only point is that if you build a customer list, you have an asset that you can rely on for years to come. You can also sell it later on if you grow tired of the market.

#3. Create your own products eventually — Affiliate marketing is a great way to begin and even test markets with, but eventually you’ll want your own products. By having your own information products you can generate an army of affiliates to promote YOUR products and build YOUR lists for you.

You also need to take massive action. You can get all of the education in the world, but if you don’t take action on a regular basis you have zero chance of ever succeeding. Now grab a pick and shovel and start diggin’ pardner!