August 5, 2012 |
Mitt and Ann Romney were easily able to afford a $12-million La Jolla home. But that didn't insulate them from the winds buffeting the real estate market in the months following their purchase in 2008. After paying cash for the Mediterranean-style house with 61 feet of beach frontage, they asked San Diego County for dramatic property tax relief. Romney, the presumptive GOP nominee for president whose wealth is estimated at $250 million, has rejected calls from Democrats and Republicans to release his income tax returns prior to 2010.
November 15, 2011 |
Another dollar retail chain is looking to cash in on California. One of the nation's largest chains of dollar retailers, Family Dollar Stores Inc., will open its first stores in the state Thursday, stepping into the home turf of rival 99 Cents Only Stores Inc. The four shops — located in Fontana, Riverside, Ontario and Rialto — are the first step in a major push into California by the North Carolina company, which plans to open up to...
September 14, 2013 |
Accolades aren't all Gustavo Dudamel has reaped as conductor of the Los Angeles Philharmonic. A recently filed public tax return for the L.A. Phil provides the latest glimpse of the financial dimension of being a classical music sensation. It also reflects the orchestra's continuing financial strength during the 2011-12 fiscal year that ended last Sept. 30. Dudamel's compensation for the 2011 calendar year, his second full year as the Phil's music director, was $1,425,088 including benefits - up 44.6%.
October 9, 2010 |
If there is one thing that Chivas USA has learned in 2010, it is that the team needs to be better in 2011. Year-end awards, in other words, will be thin on the ground when the Major League Soccer regular season comes to a close in two weeks. Having failed to reach the playoffs for the first time in five years and having won only eight games, including Saturday night's 3-0 victory over Toronto FC in Carson, Chivas USA requires a substantial makeover. Part of that will come about naturally, with the departure, for instance, of U.S. national team defender Jonathan Bornstein, who is joining the UANL Tigres in Mexico, and the likely retirement of a player or two. The team features a trio of 30-somethings in all-star goalkeeper Zach Thornton, 36, and defenders Ante Jazic, 34, and Alex Zotinca, 33. Any or all of them might decide to call it a career.
April 8, 2011 |
As the countdown clock toward a deal to avert a federal shutdown neared zero, and for all the talk of reducing the size of government and scaling back federal spending, Democrats complained Friday that House Republicans were again fixated an age-old sticking point: Abortion. "Republicans want to shut down the government because they want to make it harder for women to obtain the health services they need," Sen. Harry Reid, the majority leader, said Friday on the Senate floor. At issue is a provision, known as Title X, that sends federal dollars to Planned Parenthood for family planning and health services such as cancer screenings.
January 27, 2012 |
There are still many billions of dollars to be made in the old oil patch, even with the world far more focused on alternative and renewable sources of energy. But the business of refining that oil into various fuels is still a hard way to make a buck. That's one of the lessons investors might draw from Chevron Corp.'s fourth-quarter earnings report, released Friday. The San Ramon, Calif.-based oil giant raked in a net profit of $5.12 billion, or $2.58 a share. But losses in its refinery business during the period meant its profit fell below both its 2010 fourth-quarter performance and Wall Street expectations.
October 11, 2012 |
Small businesses in the Western region that includes California took out more U.S.-backed loans than ever during the government's last fiscal year, but they didn't spend much of it in a way that generated new jobs, analysts said. The Small Business Administration said companies in the region, which also covers Arizona, Nevada, Hawaii and Guam, borrowed $6.7 billion in loans guaranteed by the agency. Firms in Los Angeles, Ventura and Santa Barbara counties took out loans totaling $1.5 billion, which the SBA called a "robust" amount.
July 19, 2012 |
As pressure builds for Mitt Romney to release additional tax returns, a new poll suggests a majority of Americans agree that the Republican presidential candidate should disclose more about his financial history. A USA Today/Gallup poll conducted Wednesday night found that 54% of adults thought Romney should release more than the two years of returns he had already agreed to make public. Still, 42% of those surveyed said they did not expect the tax forms to reveal information that could damage Romney's campaign.
March 31, 2011 |
Former House Speaker Newt Gingrich said Thursday that congressional Republicans should hold out for the $61 billion in budget cuts in their House-passed bill rather than compromise with Democrats on fewer reductions for the rest of the 2011 fiscal year. Ever the party strategist, the presumed GOP presidential hopeful said Republicans should use the days leading up to next week's possible federal government shutdown to target Democrats for opposing such reductions. The Senate, controlled by Democrats, rejected the House bill.
December 27, 2011
The Early Show (N) 7 a.m. KCBS Today Biggest stories of 2011; New Year's parties; financial resolutions; "The Biggest Loser Cookbook. " (N) 7 a.m. KNBC KTLA Morning News (N) 7 a.m. KTLA Good Morning America (N) 7 a.m. KABC Good Day L.A. (N) 7 a.m. KTTV Rachael Ray A star-studded hour of surprises. 8 a.m. KCAL Live With Kelly Neil Patrick Harris; Heidi Klum; Garrett Hedlund; Jayma Mays. (N) 9 a.m. KABC The View Eric Stonestreet. 10 a.m. KABC The Talk Ana Gasteyer; Martina McBride.