Top Stories-Business
Date: 12/30/2007 Album ID: 398329
Top business stories of 2007
A sign showing a foreclosed house is seen in Glendale, Calif., Monday, August 20, 2007.  Foreclosure filings rose 9 percent from June to July and surged 93 percent over the same period last year, with Nevada, Georgia and Michigan accounting for the highest foreclosure rates nationwide, a research firm said Tuesday, Aug. 21, 2007. The filings include default notices, auction sale notices and bank repossessions. The figures are the latest measure of the ailing housing market, which has seen defaults and foreclosures soar as financially strapped borrowers have failed to make payments or find buyers. (AP Photo/Kevork Djansezian)
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A customer puts gas in his car at a Thrifty gas station in Woodland Hills, Ca., Tuesday July 24, 2007. (Michael Owen Baker, Los Angeles Daily News)
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Dana Laine Parker of Westchester, CA, watches her 13-month-old son Toby and 2 1/2-year-0ld Ivy play with their toys on Wednesday, Aug. 22, 2007 after watching Mattel chief executive Bob Eckert discussing the recall on Good Morning America last week where she packed them all up and drove them to Mattel's headquarters in El Segundo then entered the lobby and told the security guard that she wanted Mattel to inspect the toys.
(John Lazar/L.A. Daily News Staff Photographer)
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Striking writers walk the picketline on Lankershim Boulevard, in Universal City, Ca., in front of Universal Studios Friday, November 16, 2007.
(Michael Owen Baker/Staff Photographer)
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NILES, IL - SEPTEMBER 15:  Bags of spinach sit on a shelf at a market on September 15, 2006 in Niles, Illinois. An outbreak of E. coli has prompted the FDA to issue a warning to all consumers that they should not eat bagged spinach of any brand as this may be a possible cause of the outbreak. One person has reportedly died and dozens of others became sick after an outbreak in eight states.  (Photo by Tim Boyle/Getty Images)
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LOS ANGELES - NOVEMBER 08:  Opening-day shoppers crowd the aisles at a Fresh & Easy grocery as Tesco PLC, the UK's biggest retailer, officially enters the U.S. market, opening its first six stores in southern California on November 8, 2007 in Los Angeles, California. Tesco is importing its own system of grocery store operations, making heavy use of pre-packaged produce, in contrast to U.S.-based grocery chains, to reduce overhead and refrigeration costs. The Fresh & Easy markets, which are significantly smaller than typical U.S. supermarkets,  will use its own truck fleet for single deliveries from a centralized distribution center. The chain will operate from a relatively small $10,000 per square foot, producing more than a projected $200,000 a week, twice that per square foot of typical U.S. food stores.  (Photo by David McNew/Getty Images)
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The Airbus A380 makes its second visit to Los Angeles International Airport at 11:45 am today for a round of ground tests and a demonstration flight during its three-day stay. Los Angeles Ca,
November 28, 2007.Photo by Gene Blevins/LA DailyNews
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NEW YORK - NOVEMBER 21:  Traders work on the floor of the New York Stock Exchange (NYSE) November 21, 2007 in New York City. Continued fears of more credit losses and mortgage defaults caused U.S. stocks to fall again on Wednesday. In afternoon trading the Dow Jones industrial average was down  119.08 points, or 0.92 percent, at 12,891.06. (Photo by Spencer Platt/Getty Images)
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