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2007 Year

BUSINESS
January 19, 2008 | From the Associated Press
Venture capital investments in U.S. start-ups climbed to a six-year high of $29.4 billion in 2007, raising hope that ample money will be available to back promising new ideas even if the staggering economy falls into a recession. The amount of venture capital spread across 3,813 deals represents the industry's busiest year since $40.6 billion went into nearly 4,500 U.S.
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ENTERTAINMENT
October 28, 2007 | Ann Powers, Times Staff Writer
We all know the music industry is a mess. The album format may be going the way of the woolly mammoth, possibly taking the major labels with it. Concert tickets cost too much, and with the Web encouraging a million little niche markets, no one soundtrack is inspiring a generation. We've come so far, only to arrive at "High School Musical." Yet as anarchy descends, something remarkable keeps happening -- artists from across the playing field are hitting peaks and causing major excitement.
BUSINESS
December 27, 2007 | Leslie Earnest, Times Staff Writer
Bursts of spending marked both ends of the holiday shopping season, but retailers will probably still be disappointed when the fourth quarter is over. Sales at stores open a year or more rose 2.8% last week, the International Council of Shopping Centers said Wednesday, and Michael Niemira, the group's chief economist, predicted the total for November and December combined would be "a tad below" 2.5%, which is what Niemira had forecast would be the gain over last year.
BUSINESS
December 16, 2007 | David Colker, Times Staff Writer
It's time for the top 10 scams of 2007. From cruel foreclosure frauds to Nigerian puppies -- in other words, from the tragic to near comical -- this was a banner year for consumer scams. Much like many other years. The Internet continued to provide a worldwide platform for fraudsters. New scams popped up and some old-fashioned schemes came back. So, without further ado, here's a countdown of infamous notables for the year. Hold your applause, and your wallet. 10.
BUSINESS
January 17, 2008 | Ronald D. White, Times Staff Writer
The ports of Los Angeles and Long Beach remained the nation's busiest seaport complex for cargo containers in 2007, even though they saw a decline in traffic for the first time in at least 20 years. But in a shift, exports grew as the dollar's declining value helped U.S. companies ride into new markets and to record-breaking sales. One of those benefiting was Los Angeles Grain Terminal in Long Beach, a 49-year-old company that packs cargo containers with grain from the Midwest for sale in Asia.
ENTERTAINMENT
December 28, 2007 | Peter Carlson, Washington Post
WASHINGTON -- Was 2007 dull? America's magazine editors seemed to think so. They kept finding excuses to publish stories about other years. U.S. News & World Report ran a cover story on 1957. Rolling Stone published an entire issue devoted to 1967. Newsweek ran a cover story on 1968. And Spin ran a package of stories about 1977. Why? Well, 1957 was 50 years ago. And 1967 was the year Rolling Stone was founded. And 1968 was, Newsweek declared, "the year that made us who we are."
ENTERTAINMENT
December 16, 2007 | ANN POWERS
In October, I published a list of what I thought most other critics would put on their 2007 Top 10s. My predictions are panning out, though I should have ranked LCD Soundsystem higher and recognized that few would grasp that Rihanna's more than a singles artist. Understandably, some readers thought that list represented my own faves.
ENTERTAINMENT
December 16, 2007 | DON HECKMAN
Michael Brecker "Pilgrimage" (Telarc). There's a tendency to give sentimental credibility to recordings released after an artist's death. But this is a major recording by a major artist, even though it was Brecker's last -- a stunning epilogue to a brilliant, far too short career. Charles Mingus Sextet With Eric Dolphy: "Cornell 1964" (Blue Note). Newly discovered, this is sheer gold -- historic performances by one of the very finest ensembles Mingus ever led.
ENTERTAINMENT
December 16, 2007 | AGUSTIN GURZA
Calle 13, "Residente of Visitante" (Sony). The devilish duo from Puerto Rico is more mature though no less outrageous in its sophomore effort, expanding the boundaries of urban Latino with two of the most memorable songs of the year -- the deliciously seductive "Tango del Pecado" and the gritty immigrant anthem "Pal Norte," with a chorus by the Cuban hip-hop trio Orishas. Juanes, "La Vida Es . . . Un Ratico" (Universal).
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