LA Times Archives - Page 1061 of 1066 -
Rupert Murdoch received a $ 30-million compensation package despite the British phone-hacking scandal. The media giant also slashed the pay of three of its four other top executives.
Some members of the British Parliament questioned whether News Corp. Chief Executive Rupert Murdoch was fit to lead his sprawling media company in the aftermath of the continuing phone-hacking scandal in London. But News Corp. directors felt differently, bestowing Murdoch with a $ 30-million compensation package in the company’s 2012 fiscal year.
U.S. auto sales surged in August with the Asian brands rebounding quickly from problems that have hurt their results in recent years.
A consortium of private equity firm Guggenheim Partners, Mandalay Entertainment and Mosaic Media Investment Partners have struck a deal to acquire Dick Clark Productions, a small production company whose specialty is primarily awards shows.
Tokyo judges find that Samsung smartphones and a tablet didn’t infringe Apple’s patent for synchronizing music and video data with servers.
A Tokyo court has sided with Samsung in its patent battle with Apple, ruling the South Korean electronics company did not infringe one of its rival’s patents.
Critics say Lego is reinforcing gender stereotypes with its Friends line of toys for girls. But the merchandise is a big seller for the Danish company.
Lego’s so-called Ladyfigs, plastic dolls with slim bodies and budding breasts, are raising the ire of feminists — and profits of the popular Danish toy maker.
The gig: As founder and chief executive of Sunrise Co., William Bone has been developing master-planned golf-course communities in Palm Springs and other resort areas since the early 1970s. The company has built 13 resort communities and constructed more than 14,000 homes, two resort hotels and several office buildings, shopping centers and hotels.
Financially conservative brokerage Crowell, Weedon & Co. recently lost big on risky housing derivatives. A top executive and several others are out.
Even the most financially conservative companies can be tempted by the lure of fast money.
The tendency to stay close to home for vacation is losing its appeal as, for many, a trip’s enjoyment value has more become more important than saving money.
The “staycation” is not yet dead, but its popularity may be waning.
After winning a landmark $ 1-billion patent infringement case against Samsung Electronics Co., Apple Inc. is taking aim at its rival’s bestselling Galaxy S III phone.