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2011 Year

BUSINESS
August 5, 2013 | By Lauren Beale
Actor Paul Wesley, who stars on “The Vampire Diaries,” and actress Torrey DeVitto have listed their home in Hollywood Hills for sale at $1.595 million, The Times has confirmed. The 1920s Mediterranean-style house features a rotunda entry, beamed ceilings, vintage tile, a circular dining room, an oak staircase, three bedrooms, 2.5 bathrooms and 3,262 square feet of living space. There is a courtyard and a detached office/gym. PHOTOS: Grandest pool around? Malibu has it Wesley has starred on “Diaries” since the show started in 2009.
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BUSINESS
December 22, 2010 | By Jerry Hirsch, Los Angeles Times
Automobiles ? whether economy cars or the top luxury models ? are rapidly becoming safer to drive, an insurance industry trade group said. The Insurance Institute for Highway Safety released its Top Safety Pick ratings for the 2011 model year Tuesday, saying 66 vehicles, including 40 cars and 25 sport utility vehicles, earned the group's highest safety ranking. That's more than double the 27 vehicles that achieved the group's top safety grade at the start of this year. Big improvements to roofs to protect passengers in rollover accidents contributed to a greater number of vehicles' achieving better rankings.
BUSINESS
January 24, 2013 | By E. Scott Reckard
Hanmi Financial Corp. of Los Angeles said its profit more than doubled to $14 million in the fourth quarter as regulators lifted 3-year-old orders requiring the parent of Hanmi Bank to raise more capital. The end of enforcement actions by state bank regulators and the Federal Reserve enables Hanmi, once the largest of the many Koreatown-based banks, to focus on arranging a financial marriage for itself, Chief Executive Jay S. Yoo said in announcing the earnings Thursday morning.
BUSINESS
March 12, 2012 | By Tiffany Hsu
PepsiCo  Inc., the international food and beverage giant that owns Tropicana, Gatorade, Frito-Lay and other brands, shuffled some of its top management positions in an attempt to create a line of succession behind current chairman and chief executive Indra K. Nooyi. Brian Cornell, recently chief executive of Wal-Mart Stores Inc.'s Sam's Club division, is returning to the fold as chief executive of PepsiCo Americas Food. He's replacing John Compton, who will take on the new position of president of PepsiCo.
BUSINESS
July 3, 2011 | By Andrew Leckey
Question: I am worried about my Sony Corp. stock. Do you see any kind of upturn ahead? Answer: This is a trying time for the consumer electronics and entertainment giant. Among its woes are the slow economy, a campaign of cyber attacks on the company's online video game service, and supply disruptions caused by Japan's earthquake and tsunami. Longer-term, Sony must adapt quickly and effectively to shifting trends. If it can't, it won't be able to command premium prices, despite its premium-brand reputation.
BUSINESS
July 31, 2013 | By Catherine Green
Rob Rutherford looked up from his workbench, order receipts and debris from Hive Lighting's products strewn around his laptop. "The bulbs shipped," he said to business partner Jon Miller. Both grinned. More bulbs meant more business: new film, TV and commercial sets to be illuminated by Hive's energy-saving plasma lights, which represent a step forward in energy-efficient production. PHOTOS: Hollywood backlot moments Hollywood has embraced the cause of environmental sensitivity.
CALIFORNIA | LOCAL
October 10, 2013 | By Ben Welsh, Michael Finnegan and David Zahniser
Los Angeles Fire Chief Brian Cummings will retire from his position as head of the city Fire Department, according to Mayor Eric Garcetti and a department spokesman. Cummings had struggled to restore confidence in his management of the 3,500-employee department after officials  admitted last year  to misstating emergency-response times, making it appear that rescuers arrived faster than they actually did. During his campaign, Garcetti said he  lacked confidence  in the fire chief's leadership and second-guessed a series of the chief's management decisions.
NEWS
April 8, 2011 | By James Oliphant and Lisa Mascaro, Washington Bureau
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.
SPORTS
October 9, 2010 | By Grahame L. Jones
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.
BUSINESS
January 27, 2012 | By Ronald D. White
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.
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