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| January 24, 2018

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Struggling Archives -

Struggling Mattel warns of slumping holiday sales as debt ratings are cut

December 11, 2017 |

Mattel Inc.’s struggles deepened Monday as the El Segundo toymaker warned of slumping holiday sales as its debt was downgraded by the major credit-rating firms.

With only two weeks until Christmas, Mattel said in a securities filing that its fourth-quarter sales would be “negatively impacted” because…

L.A. Times – Business

Hasbro reportedly makes a takeover bid for struggling rival Mattel

November 11, 2017 |

Hasbro Inc. reportedly made an offer to buy beleaguered rival Mattel Inc., the latest chapter in the long-running speculation that the two major U.S. toy makers would join forces.

Hasbro approached El Segundo-based Mattel recently with a takeover offer but terms of the proposal were not available,…

L.A. Times – Business

Malls, a struggling symbol of surban America, could help ease the housing crisis

September 29, 2017 |

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.

In Orange County, an aging mall will give way to a mixed-use development with more than 900 homes. And in the South Bay, hundreds of homes are…

L.A. Times – Business


‘American Idol’ Struggling to Find Judges Before Show Starts Filming

August 16, 2017 |

The “American Idol” reboot seems to be in crisis — honchos still haven’t locked down a second, third and possibly fourth judge, with only 6 weeks until cameras roll. TMZ broke the story … producers first set their sights on Katy Perry, who will…

Struggling L.A. County cities are hoping to cash in on California’s relaxed marijuana laws — and facing push back

August 13, 2017 |

As California braces for the impact of relaxed marijuana laws that allow recreational use for adults, several small, financially strapped cities in southeast Los Angeles County and elsewhere are at the forefront of efforts to seize business opportunities — despite pushback from some residents.

L.A. Times – Business

Google employee’s memo triggers another crisis for a tech industry struggling to diversify

August 8, 2017 |

When Google realized in 2013 it had a diversity problem, it followed the corporate playbook by introducing workshops to train employees about hidden biases.

But four years later — and after sending three-quarters of its 70,000 employees through sensitivity training — the Mountain View tech giant…

L.A. Times – Business


Struggling to eat in Venezuela

June 16, 2017 |

With skyrocketing inflation rates, Venezuelans struggle to fill their bellies. – RSS Channel – Regions – Americas

With some borrowers struggling with a new kind of home-improvement loan, reforms are on the table

June 4, 2017 |

Business has been good for contractors whose home-improvement jobs are financed by a new program known as PACE.

Lenders eager to fund the energy-efficiency projects that the financing pays for offer contractors online tools to manage their business and sign up customers.

For example, type in an…

L.A. Times – Business


Struggling to eat in Venezuela

May 18, 2017 |

With skyrocketing inflation rates, Venezuelans struggle to fill their bellies. – RSS Channel – World

Nuclear energy was once considered a fundamental part of America’s energy future, but the industry is struggling

April 17, 2017 |

There was a time when nuclear power was considered to be the bulwark of America’s energy future.

Now the titan appears to be teetering.

Westinghouse Electric Co. — long considered the leader in nuclear power development — filed for bankruptcy protection in late March. The move puts in jeopardy…

L.A. Times – Business