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| January 17, 2019

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LA Times Archives - Page 1102 of 1304 -

Bill Ackman makes losing bet that Herbalife stock would fall

July 28, 2013 |

Ackman, the activist manager of hedge fund Pershing Square, shorted 20 million shares of Herbalife stock last year. His position is down $ 169 million to date.

This has been a good year so far for Herbalife Ltd. shareholders — and a painful one for Bill Ackman, the activist manager of hedge fund Pershing Square Capital Management.

    


L.A. Times – Business

Mary Leslie’s business is to tackle L.A.’s social ills

July 28, 2013 |

For Mary Leslie, president of the Los Angeles Business Council, reviving the organization is one of her proudest career achievements.

The gig: As president of the Los Angeles Business Council, Mary Leslie, 53, covers a lot of ground. On any given day, she might be meeting with major contributors to evaluate progress on a grant, driving to the San Fernando Valley to check out a fledgling solar installation company or researching an initiative to stop storm runoff from reaching the ocean. In spare moments, she will plot out the finer details of an upcoming summit, where government representatives, business leaders and academics will convene to solve nagging problems in housing, transportation and jobs. Leslie emphasizes these core pieces of economic development, along with education and the environment as she and her staff of seven full-timers tackle a wide swath of L.A.’s social ills.

    


L.A. Times – Business

Goldie Hawn and Kurt Russell bail out of their Malibu beach house

July 28, 2013 |

Actors Goldie Hawn and Kurt Russell sell their Balinese-inspired Malibu beach house, for sale or lease frequently since 1995, for $ 9.5 million.

After a couple of years and price cuts, actors Goldie Hawn and Kurt Russell have closed up their longtime Malibu beach house, selling it for $ 9.5 million.

    


L.A. Times – Business

California political watchdog rebuffs request by Carlos Slim’s firm

July 28, 2013 |

SACRAMENTO — California’s political watchdog agency is not pursuing an enforcement action against an immigrants rights group that was requested by a company owned by Mexican billionaire Carlos Slim.

    


L.A. Times – Business

Car review: Chevy loads 2014 Silverado truck with more improvements

July 27, 2013 |

The Chevrolet Silverado receives meaningful improvements to its powertrain, styling, utility and comfort.

In the automotive world, no one is more loyal than a truck owner.

    


L.A. Times – Business

Activision, investors to buy back most of Vivendi’s stake

July 27, 2013 |

The $ 8.2-billion deal would free Activision from Vivendi’s financial struggles and let it focus on the evolving video game industry.

Activision Blizzard Inc. and a group of investors led by its top executives are buying most of Vivendi’s stake in the world’s largest video game publisher in an $ 8.2-billion transaction.

    


L.A. Times – Business

3-D printers are beginning to make an impression

July 27, 2013 |

3-D printers, which can make plastic objects, have long been used in industry but are creeping into the consumer market.

Diego Porqueras’ Deezmaker store in Pasadena is a geeky version of Santa’s workshop, brimming with action figures, chess pieces and jewelry.

    


L.A. Times – Business

Starbucks to serve up more upscale food

July 27, 2013 |

Coffee giant Starbucks is targeting foodies with its new menu items. The more upscale lineup will feature products sourced from local farmers and designed to look handmade.

Starbucks Corp. is unleashing a new food lineup that shares more with the artisanal fare at an intimate country cafe than the cookie-cutter products it currently serves at some 19,000 stores in 63 countries.

    


L.A. Times – Business

Stock rally takes a pause, ends week up only slightly

July 27, 2013 |

The Dow adds just 3.22 points to 15,558.83 on Friday. But U.S. stocks are up nearly 19% for the year, and bullish Wall Street analysts expect the market to continue climbing.

NEW YORK — Even the stock rally may need a summer vacation.

    


L.A. Times – Business