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| December 16, 2017

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LA Times Archives - Page 1027 of 1066 -

Wall Street prepares for reopening of NYSE, other markets

October 31, 2012 |

After being shut down for two days, the financial district is hoping to make it through Wednesday without any breakdowns in its systems.

New York Stock Exchange trader Doreen Mogavero normally leaves her Staten Island home at 7:30 a.m. for a comfortable 45-minute drive to work.



L.A. Times – Business

Disney adds ‘Star Wars’ to its galaxy

October 31, 2012 |

Disney’s big-bucks purchase of Lucasfilm gives it control of the blockbuster film franchise created by George Lucas. The media giant plans to exploit it through sequels, TV and theme parks.

Adding another marquee pop-culture property to its roster, Walt Disney Co. has agreed to pay $ 4.05 billion to acquire the company that controls the blockbuster “Star Wars” franchise — allowing Disney to exploit the brand through film, television, consumer products and theme parks.



L.A. Times – Business

Allergan may sell Lap-Band unit amid declining sales

October 31, 2012 |

The Irvine-based Botox maker says Lap-Band revenue fell for the fifth consecutive quarter amid a swarm of negative publicity.

Allergan Inc. is considering selling its Lap-Band weight-loss unit amid rapidly declining sales and a swarm of negative publicity about patient deaths and a criminal investigation of one of its former customers.



L.A. Times – Business

Blue Shield of California will return $50 million to customers

October 30, 2012 |

Blue Shield said the move is part of its pledge to limit its annual profit to 2% of revenue. Most customers will get credit on their December bills.

Health insurer Blue Shield of California said it would return $ 50 million to customers by year-end as part of its pledge to limit its annual profit to 2% of revenue.



L.A. Times – Business

Proposition 37 losing in late Business Roundtable-Pepperdine poll

October 30, 2012 |

SACRAMENTO — Backing for Proposition 37, the genetically engineered food labeling initiative, is falling, fast.



L.A. Times – Business

Record U.S. profits offset Ford’s third-quarter losses in Europe

October 30, 2012 |

Strong profits in the U.S. are offsetting growing losses in Europe, Ford Motor Co. reported Tuesday.



L.A. Times – Business

Storm hits wide swath of economy

October 30, 2012 |

Financial markets close, but short-term pain could give way to a rebuilding boom.

Cyclone Sandy disrupted business activity nationwide as it forced a rare closure of the stock market and left corporate managers bracing for uncertain financial repercussions.



L.A. Times – Business

Europe, Asia stocks fall as U.S. markets close for Hurricane Sandy

October 30, 2012 |

European insurers such as Munich Re, Hannover Re and Zurich Insurance underperform other stocks.

Markets in the U.S. were closed as a mammoth storm headed up the coast of the Eastern U.S.



L.A. Times – Business

Apple ousts two top execs over missteps

October 30, 2012 |

Scott Forstall, who replaced Google Maps with Apple’s own faulty mapping software in iOS, will leave. Retail operations head John Browett will also depart.

SAN FRANCISCO — In the biggest management shake-up since Tim Cook took the helm, Apple has ousted two top executives blamed for a pair of embarrassing missteps.



L.A. Times – Business

Apple ousts Scott Forstall, executive in charge of Maps and Siri

October 29, 2012 |

Apple’s head of mobile software, Scott Forstall, is leaving the company following the release of Apple Maps and Siri, two major projects that were considered flops for the technology giant.



L.A. Times – Business