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BUSINESS
March 28, 2014 | By Roger Vincent
With its 40th anniversary approaching, the Groundlings Theatre & School has purchased a building across the street from its Melrose Avenue headquarters for use as a classroom. The nonprofit improvisation and sketch comedy troupe and school has launched the careers of hundreds of comedians and writers, including Will Ferrell, Kristen Wiig and Lisa Kudrow. The Groundlings bought a two-story brick building at 7280 Melrose Ave. that contains 5,000 square feet of space, according to real estate brokerage Studley.
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SPORTS
March 27, 2014 | By David Wharton
There wasn't anything too complicated about Wisconsin's game plan. The Badgers wanted to pound straight ahead - a basketball version of blunt-force trauma - softening Baylor's normally stingy defense from the inside out. “They left the middle of the zone open a little bit,” forward Frank Kaminsky said. “We just kind of hammered.” NCAA Tournament Bracket And it worked. Points in the paint translated into an early lead, which let second-seeded Wisconsin remain patient and efficient on the way to a 69-52 victory in this West Regional semifinal at Honda Center on Thursday night.
BUSINESS
March 26, 2014 | By Roger Vincent
American Tire Distributors Inc., one of the nation's largest tire distributors, has agreed to rent a massive new $65-million warehouse near Bakersfield in the Kern County city of Shafter. Landlord Roll Real Estate Development will build the 1-million-square-foot distribution center for the North Carolina tire and wheel seller at Roll Real Estate's Paramount Logistics Park. The new industrial building for American Tire will sit on more than 45 acres and include 234 trailer stalls and 201 loading docks.
NATIONAL
March 25, 2014 | By Matt Pearce
A massive fire at an apartment building that was under construction near downtown Houston sent a massive column of smoke over the city Tuesday afternoon. No injuries have been reported. The five-alarm fire was first reported at 12:30 p.m., according to the Houston Fire Department, and officials said almost 200 firefighters were on the scene. At least one worker had to be rescued by ladder from the third floor of the apartment building after the fire broke out, department spokesman Ruy Lozano told KHOU-TV.
CALIFORNIA | LOCAL
March 25, 2014 | By David Zahniser
A retired Los Angeles building inspector was sentenced Monday to 2 1/2 years in prison resulting from a federal probe into bribe-taking at the Department of Building and Safety. U.S. District Judge Dean D. Pregerson also ordered Samuel In, a 37-year city employee who retired in 2011, to pay $30,000 to the city. In, who pleaded guilty to felony bribery last year, is one of five former Building and Safety employees to face either criminal charges or dismissal as a result of the bribery probe.
SCIENCE
March 24, 2014 | By Amina Khan
Our bones are remarkable feats of engineering; strong and yet light, shot through with holes and yet able to bear incredible loads. This super-strong natural material is built as cells incorporate hard minerals like calcium into living tissue. Now, scientists at the Massachusetts Institute of Technology are borrowing this idea from nature: They've created living cells that incorporate inorganic matter like gold and quantum dots. These bacterial factories, described in the journal Nature Materials, could one day help create fully functional hybrid "living materials" that could be integrated into everyday objects and devices, from solar panels to adjustable furniture.
ENTERTAINMENT
March 23, 2014 | By Mark Olsen
(This article has been updated since its original posting. See note below.) Wes Anderson's "The Grand Budapest Hotel" is going strong at the box office as the film's slow expansion - now 304 theaters in its third weekend of release - brought in $7 million for a strong per screen average of around $23,000. "Grand Budapest" rose to No. 7 at the box office and raised its total ticket sales to about $13.2 million. It's a rollout that in its first week brought in $800,000 from four theaters, two each in Los Angeles and New York, for an astonishing per-screen average of $200,000.
BUSINESS
March 23, 2014 | By Roger Vincent
The gig: Ray Adamyk, 52, is president of Spectra Co., a Pomona firm that has played a major role in restoring such prominent historic buildings as the El Capitan Theatre in Hollywood, the Catalina Casino in Avalon and the Biltmore Hotel in downtown Los Angeles. In his view, preservation and environmentalism are two sides of the same coin. "The greenest building is one that already exists," he said. "I think people want to see old buildings restored. " Early days: Adamyk was born in England and reared in Canada, where he enjoyed physically demanding sports in his school days.
NATIONAL
March 22, 2014 | By Evan Halper
WASHINGTON - Hoping to get pot legalized in Nevada, an investment firm specializing in the fast-growing marijuana industry invited the ballot initiative's backers to pitch 150 financiers at a Las Vegas symposium. Within 10 minutes, they raised $150,000. Political contributors are not the only ones taking notice of the new realities of the marijuana business, said San Francisco-based ArcView Chief Executive Troy Dayton, who estimated his group would pump about $500,000 into pot this year.
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