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| February 22, 2018

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LA Times Archives - Page 904 of 1106 -

Ford recalls 33,000 C-Max hybrids

July 29, 2013 |

Ford Motor Co. recalled more than 33,000 C-Max hybrids over the weekend after testing revealed vehicle roofs may not sufficiently protect drivers and passengers.

    


L.A. Times – Business

Facing shareholder pressure, Emulex may cash in its chips

July 29, 2013 |

Major shareholders of computer chip maker Emulex have urged a sale of the firm, which reportedly hired investment bank Goldman Sachs Group to help it evaluate options.

Emulex Corp. in Costa Mesa designs and makes chips that help data move faster through computer servers and storage networks.

    


L.A. Times – Business

Omnicom, Publicis plan merger to create world’s largest ad firm

July 29, 2013 |

Two of the world’s largest advertising holding companies — Omnicom Group Inc. in New York and Publicis Groupe in Paris — have agreed to merge into a goliath agency with a market value that would exceed $ 35 billion.

    


L.A. Times – Business

Gov. Brown seeks overhaul of unemployment insurance program

July 29, 2013 |

With so many people in California needing to use benefits, the state has had to borrow from the feds. Proposal would make businesses pay more.

SACRAMENTO — In the closing days of the Legislature last year, Gov. Jerry Brown helped forge a compromise on a sweeping overhaul of the workers’ compensation insurance system and persuaded Democratic and Republican lawmakers to pass it into law.

    


L.A. Times – Business

Atty. Gen. Harris probes Petersen Automotive Museum car sales

July 28, 2013 |

California Atty. Gen. Kamala D. Harris has launched an inquiry into the sale of vehicles by the Petersen Automotive Museum.  

    


L.A. Times – Business

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