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| August 19, 2018

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LA Times Archives - Page 1208 of 1213 -

Letting illegal immigrants get driver’s licenses makes sense

September 5, 2012 |

Having illegal immigrants apply for driver’s licenses ensures they will be tested, making them safer drivers and more likely to be insured.

The debate over whether to offer driver’s licenses to illegal immigrants has a usefully neurological angle: It’s a way of defining “insanity” as the process of shooting yourself in the foot in the expectation that someone else will scream in pain.



L.A. Times – Business

Rupert Murdoch took a 10% pay cut from News Corp. in fiscal 2012

September 5, 2012 |

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.



L.A. Times – Business

Stocks end mixed on weak economic reports

September 4, 2012 |

Stocks zigged and zagged after reports that the U.S. economy is weakening at a time when China and Europe are also slowing.



L.A. Times – Business

Strong U.S. rebound for Asian automakers in August

September 4, 2012 |

U.S. auto sales surged in August with the Asian brands rebounding quickly from problems that have hurt their results in recent years.



L.A. Times – Business

Guggenheim finalizes deal for Dick Clark Productions

September 4, 2012 |

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.



L.A. Times – Business

Japan court sides with Samsung in Apple patent suit

September 4, 2012 |

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.



L.A. Times – Business

Lego ‘Ladyfigs’ raise the hackles of feminists

September 4, 2012 |

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.



L.A. Times – Business

William Bone is a big driver of golf-course communities

September 4, 2012 |

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.



L.A. Times – Business

Crowell Weedon’s $3-million trading loss is out of character

September 3, 2012 |

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.



L.A. Times – Business

‘Staycations’ are on the decline, survey suggests

September 3, 2012 |

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.



L.A. Times – Business