April 6, 2014
The company: Acacia Research Corp. Headquarters: Newport Beach Ticker: ACTG Employees: 68 Leadership: Matthew Vella, 42, chief executive since 2013 2013 revenue: $130.6 million 2013 net loss: $56.4 million Stock price: $17.19 at Friday's close 52-week range: $12.23 to $30.36 Quarterly dividend: 12.5 cents a share, a current yield of 2.9%
April 6, 2014 |
Animation giant Pixar uses technology only as a means to an end; its films are rooted in human concerns, not computer wizardry. The same can be said of the new book "Creativity, Inc.," Ed Catmull's endearingly thoughtful explanation of how the studio he co-founded generated hits such as the "Toy Story" trilogy, "Up" and "Wall-E. " Catmull was a 1970s computer animation pioneer (university classmates included Netscape co-founder Jim Clark), but his book is not a technical history of how the hand-drawn artistry perfected by Disney was rendered obsolete by the processing power of machines.
CALIFORNIA | LOCAL
April 4, 2014 |
Turning the Cecil Hotel into homeless housing was supposed to be a quick and innovative way to get skid row residents off the streets. But a proposal for hundreds of homeless units in the hotel collapsed recently in the face of opposition from downtown business leaders and social service providers, backed by Los Angeles County Supervisor Gloria Molina. They argued the neighborhood is oversaturated with homeless housing and other services. "Supervisor Molina's strong opinion is that the skid row area is the way it is because of an over-concentration of services," Roxane Marquez, Molina's press deputy, said Friday.
April 3, 2014 |
Among the frequently asked questions on Yelp's website, there's this: "Will Yelp remove or reorder bad reviews if a business pays for sponsorship?" And the answer: "No. You can't pay us to remove or reorder your bad reviews - it's just that simple. " It's not that simple, at least if you listen to the many small-business owners who say Yelp routinely uses bad reviews and competitors' ads as leverage to get merchants to cough up some cash. "They continually harass you and strong-arm you to get you to pay for their service," said Randy Boelsems, 64, who runs a boating supply company in Fountain Valley.
March 30, 2014 |
If you're against letting airline passengers talk on cellphones, you've gained a powerful ally. The Global Business Travel Assn., a trade group for the world's business travelers, submitted its opposition last week to a plan by the Federal Communications Commission to lift a ban on voice calls on planes. The group, which represents about 6,000 travel managers, called onboard calls "detrimental to business travelers. " The association even quoted folk singer Pete Seeger, who borrowed heavily from the book of Ecclesiastes when he wrote "there is a time to keep silence and a time to speak.
March 27, 2014 |
WASHINGTON - The Senate confirmed Maria Contreras-Sweet, a former California official who founded a Los Angeles community bank, to head the federal Small Business Administration. Contreras-Sweet was approved Thursday by voice vote to the Cabinet position, which helps small businesses with loans and other assistance. She takes over for Karen Mills, a former venture capitalist who stepped down as the agency's administrator last year. President Obama said Contreras-Sweet "understands what it means to start a small business" and has "a proven track record of helping other small businesses succeed.