January 24, 2013 |
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.
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%.
April 8, 2011 |
The federal budget stalemate that stands to trigger a government shutdown shifted Thursday from a debate over spending cuts to a fight over the thorny policy issues of abortion and environmental regulation that have divided Democrats and Republicans for years. Facing a deadline of midnight Friday, negotiators worked day and night in an effort to strike a compromise as the policy demands loomed as a major new obstacle. For a third straight day, President Obama called House Speaker John A. Boehner (R-Ohio)
CALIFORNIA | LOCAL
February 5, 2010 |
Los Angeles transportation officials on Thursday took a major step in bringing commuter rail to the Westside, approving plans for a route linking downtown L.A. to Santa Monica. Officials hope to begin work later this year on phase two of the Expo Line, a nearly seven-mile link from downtown Culver City to the corner of 4th Street and Colorado Avenue in Santa Monica's main business district. Phase one of Expo Line is already under construction from downtown Los Angeles to Culver City.
July 31, 2013 |
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.
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...
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.
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.