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| October 17, 2017

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Power plant developer pulls the plug on its natural gas project in Oxnard

October 17, 2017 |

The developer of a proposed natural gas power plant in Ventura County asked state regulators Monday to suspend review of the plans, effectively ending the controversial project.

In response to regulators’ recommendation this month to reject the project, NRG Energy asked the California Energy Commission…


L.A. Times – Business

Nordstrom suspends its plan to go private

October 16, 2017 |

An effort to take Nordstrom Inc. private has halted, at least temporarily.

In June, members of the Nordstrom family — including company co-Presidents Blake, Peter and Erik Nordstrom — said they were thinking about acquiring the approximately 70% of the stock they don’t already own. Going private…


L.A. Times – Business

He was asked to fix a bankrupt airline. Instead, he changed the way we fly

October 16, 2017 |

William Franke, the managing partner of Indigo Partners, helped save America West Airlines and launched the ultra-low-cost carrier in the U.S., a business model that has forced the major carriers to change how they do business.
L.A. Times – Business

California Inc.: Deadline looms to ask Amazon to prom — er, bid for new HQ

October 16, 2017 |

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

Investors on Monday will feel a tailwind from Friday’s announcement that consumers increased…


L.A. Times – Business