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| February 24, 2018

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LA Times Archives - Page 991 of 1107 -

News Corp. publishing firm to start with $2.6 billion in cash

March 8, 2013 |

News Corp.’s soon-to-be publishing company will begin life with no debt and about $ 2.6 billion in cash — illustrating the parent company’s attempt to provide the new entity with solid financials and money for acquisitions.


L.A. Times – Business

Jury awards $8 million in suit over Johnson & Johnson metal hip

March 8, 2013 |

A Los Angeles jury ordered healthcare giant Johnson & Johnson to pay $ 8 millionĀ in damagesĀ to a retired prison guard who said he was injured by the company’s defective artificial hip.


L.A. Times – Business

Stocks march higher following strong job growth

March 8, 2013 |

Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low.


L.A. Times – Business

Pandora CEO Kennedy to step down

March 8, 2013 |

Shares of Internet radio pioneer Pandora Media Inc. shot up on Thursday after the company said CEO Joseph Kennedy is stepping down and it reported a narrower loss and higher revenue in the fourth quarter than analysts expected.


L.A. Times – Business

Retail sales rise a modest 1.7% in February

March 8, 2013 |

The lackluster results are blamed on bad weather, delayed tax refunds and the federal tax increases and spending cuts.

Americans hit the stores in February — but with only the barest of enthusiasm as they worried about bad weather, delayed tax refunds and the federal mix of tax increases and spending cuts known as sequestration.


L.A. Times – Business

MetLife to move jobs from California to North Carolina

March 8, 2013 |

Insurance giant Metropolitan Life Insurance Co. said Thursday it will move 2,600 jobs from offices in five eastern states and California to lower-cost locations in two North Carolina cities, while also getting tax breaks and other incentives that could reach $ 100 million.


L.A. Times – Business

More can afford a home, but lenders remain tight-fisted

March 7, 2013 |

Even gold-plated applicants must justify the smallest quirks in their finances in excruciating detail. And processing mortgage applications can take months.

Nearly half of all California households can now afford the median-priced home in the state — but that’s no help if they can’t get mortgages.


L.A. Times – Business

FTC cracks down on text message spam

March 7, 2013 |

The Federal Trade Commission is cracking down on text message spam, announcing Thursday it has filed eight complaints against 29 defendants in courts around the U.S.


L.A. Times – Business

Hot Topic acquired by private equity firm Sycamore for $600 million

March 7, 2013 |

Brooding teen retailer Hot Topic Inc. is about to become family with Talbots Inc., an apparel chain beloved by moms.


L.A. Times – Business

Covered California’s plan to partner with Wal-Mart is criticized

March 7, 2013 |

The state wants retail workers to help consumers enroll in healthcare expansion. Critics say Wal-Mart does not provide adequate health coverage and shouldn’t be advising consumers on the matter.

California officials face mounting criticism from union leaders over plans to let retail giant Wal-Mart Stores Inc. enroll shoppers in President Obama’s healthcare expansion.


L.A. Times – Business