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| March 23, 2019

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Can Shaquille O’Neal help Papa John’s revive its image?

March 23, 2019 |

Papa John’s International Inc. — briefly embraced by neo-Nazis as their pizza chain of choice after its then-chief executive blamed disappointing sales on NFL protests against police brutality and later used a racial epithet during a marketing call — has been on a yearlong quest to rehabilitate…


L.A. Times – Business

Indonesia airline seeks to cancel order for 49 Boeing 737 Max 8 planes

March 23, 2019 |

In a blow to Boeing Co., Indonesia’s national airline is seeking the cancellation of a multibillion-dollar order for 49 of the manufacturer’s 737 Max 8 jets, citing a loss of confidence after two of those planes crashed in the last six months.

It is the first announcement of a cancellation since…


L.A. Times – Business

The Fox lot is one asset Rupert Murdoch wouldn’t sell to Disney — with good reason

March 23, 2019 |

In the end, the legendary Los Angeles birthplace of what became the vast Fox film empire was just too dear to part with.

The historic Century City lot on Pico Boulevard was retained by the newly formed Fox Corp., even as Walt Disney Co. absorbed much of 21st Century Fox’s entertainment assets in…


L.A. Times – Business

Stocks tumble as fears about the U.S. and worldwide economy spread

March 22, 2019 |

Fears of a steeper slowdown in the global economy rattled financial markets Friday, sending stock prices sharply lower and bond prices higher as investors piled into safer securities.

The stock market has been climbing this year — and celebrated its historic, 10-year-bull rally two weeks ago —…


L.A. Times – Business