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| February 18, 2018

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Love Thy Neighbor: Apartment Owners Team Up to Cash In

January 3, 2018 |

Property developers are coming up with new ways, including collective sales, to feed the growing appetite in Singapore and other large cities for apartments as places to live and investments to store their wealth.
WSJ.com: What’s News Asia

The dark side of your $5 Footlong: Business owners say it could bankrupt them

December 31, 2017 |

A Subway sandwich is far more than the sum of its fillings, franchisee Keith Miller says.

Those ingredients cost roughly $ 2. Then he pays labor. Electricity. Gas. Royalties. Credit card transaction fees. Rent.

All told, Miller, who owns three Subway franchises in Northern California, says it costs…


L.A. Times – Business

Apple Slowed iPhones, Forcing Owners to Buy New Ones: Suit

December 23, 2017 |

iPhone owners from several states sued Apple Inc. for not disclosing sooner that it issued software updates deliberately slowing older-model phones so aging batteries lasted longer, saying Apple’s silence led them to wrongly conclude that their only option was to buy newer, pricier iPhones. The allegations were in a lawsuit…
Newser

Can the Tesla Semi perform? UPS, PepsiCo and other truck fleet owners want to find out

December 20, 2017 |

Big freight haulers want some tryout time with Tesla’s new semi-truck.

Orders are trickling in for the sleek vehicle, unveiled in mid-November. On Tuesday, UPS said wants 125. Last week, PepsiCo ordered 100. Budweiser parent Anheuser-Busch reserved 40. Sysco, the big food distributor wants 50….


L.A. Times – Business

République owners opening restaurant in downtown L.A.’s historic Herald Examiner building

December 7, 2017 |

The flurry of new development among some long-neglected blocks of downtown Los Angeles is pulling in thousands of new residents and overnight tourists — and some high-profile restaurateurs are next.

The founders of République, a lauded fine-dining establishment in Hancock Park, have agreed to open…


L.A. Times – Business

LA Weekly reveals its secret owners: mostly men with Orange County ties

December 2, 2017 |

After weeks of mystery, LA Weekly’s new owners were revealed Friday in a short online message from the publication’s new operations manager. The lineup is heavy with men who have strong Orange County ties.

Brian Calle tried to make light of growing concern that Los Angeles’ most famous alternative…


L.A. Times – Business

LA Weekly’s new owners are still a mystery, and people are demanding answers

December 1, 2017 |

LA Weekly was sold Wednesday, with all of its top editors and all but one of its writers laid off as the deal closed. A day later, the alternative newsweekly’s buyers are still shrouded in secrecy.

That secrecy is “appalling and offensive,” the president of the Society for Professional Journalists…


L.A. Times – Business

Eli Benched, and the Owner’s Famous Niece Isn’t Happy

November 29, 2017 |

The big news from the NFL this week isn’t about anthems or playoff races: It’s the benching of Eli Manning. The 36-year-old QB has started 210 straight games for the New York Giants, but that streak dating back to 2004 ends on Sunday, reports ESPN . The reason is the team’s…
Newser

NFL Owners to Be Deposed in Kaepernick Collusion Case

November 4, 2017 |

Colin Kaepernick’s collusion case against the NFL is progressing, with an unnamed league source telling ESPN that Cowboys owner Jerry Jones, Texans owner Bob McNair, Patriots owner Robert Kraft, and others are being asked to turn over cellphone records and emails. Others, including Seahawks owner Paul Allen and 49ers owner…
Newser