December 26, 2007 |
Gilbert, Ariz.-based Re/Max 2000, one of the Phoenix area's largest real estate brokerages, shut down its 13 offices this week, as the housing bust hits a city that was once one of the nation's hottest markets. Robert Kline, who started the franchise in 2000 and grew the business through acquisitions, said his decision to close was made after a particularly rough patch in December, when it became clear he no longer could afford to pay overhead expenses.
CALIFORNIA | LOCAL
December 22, 2007 |
Law enforcement authorities have closed down a trash storage operation in Kern County linked to a recycling firm already under investigation for allegedly violating health and safety codes in Long Beach and the Riverside County community of Blythe.
December 13, 2007 |
Movie Gallery Inc. plans to close its direct-to-home video rental unit MovieBeam Inc. on Saturday to cut costs. Movie Gallery filed for bankruptcy protection Oct. 16, blaming two years of losses and competition from Blockbuster Inc. and Netflix Inc. Initially backed by Walt Disney Co., Burbank-based MovieBeam started its video service in February 2006.
December 7, 2007 |
R.D. Hubbard, who ran Hollywood Park from 1991 to 1999 as the Inglewood racetrack's chairman, says he has been back only once in the past four or five years. And he won't be there Saturday, either, even though one of his horses, Spring House, is a contender in the $250,000 Hollywood Turf Cup. Hubbard will be in Lexington, Ky., through the weekend for Breeders' Cup meetings, but he says he will watch the race on TVG.
December 5, 2007
Tempelhof Airport, which played a key role in the Berlin airlift after World War II, will close to passengers Oct. 31, 2008, Germany's top administrative court confirmed. The court threw out a bid by airlines to prevent Tempelhof's closure as part of plans to expand Schoenefeld Airport, a former military airport on the city's outskirts, into Berlin-Brandenburg International Airport. Several airline companies that use the centrally located Tempelhof Airport tried to block the closure.
November 6, 2007
Conde Nast Publications plans to halt publication of House & Garden magazine, citing the unexpected departure of Publisher Joseph Lagani last month. The December issue, on newsstands next week, will be the last, New York-based Conde Nast said. The website Houseandgarden.com will also be shut down. House & Garden began publishing in 1901.
October 6, 2007 |
Topps Meat Co. said it was closing its business, days after it was forced to issue the second-largest beef recall in U.S. history and 67 years after it opened its doors. The decision will cost 87 people their jobs, the Elizabeth, N.J., company said. Topps on Sept. 25 began recalling frozen hamburger patties that may have been contaminated with a potentially fatal strain of E. coli bacteria. The recall eventually expanded to 21.7 million pounds of ground beef. Thirty people in eight states had E.
CALIFORNIA | LOCAL
September 29, 2007 |
County health officials will hold a public meeting Oct. 10 to discuss plans for reopening Martin Luther King Jr.-Harbor Hospital in Willowbrook, which closed in August after failing to meet federal standards for patient care. The meeting will include a presentation by John Cochran, chief deputy director for the county Department of Health Services, and Gary Frazier, an associate with the Hammes Group, a consultant hired by the county to find a private entity to run the hospital.
September 25, 2007 |
"Lone Star Love" is headed for the last roundup. The twangy, Texas-flavored musical inspired by Shakespeare's "The Merry Wives of Windsor" has canceled its Broadway engagement and instead will close out of town. The show will shut down Sunday at the conclusion of its 26-performance Seattle tryout, the musical's producers said Monday. The $6.5-million production stars Randy Quaid as a buffoonish Col. John Falstaff, and its onstage band features members of the country group Red Clay Ramblers.
September 1, 2007 |
Ameriquest Mortgage Co., once the "Proud Sponsor of the American Dream," is closing. Citigroup Inc. said Friday that it would buy the remnants of the Ameriquest empire from ACC Capital Holdings in Orange, and ACC said it was "preparing for an orderly wind-down of its retail mortgage business." Ameriquest shuttered its 229 retail offices months ago. As recently as 2005, Ameriquest and its sister company, Argent Mortgage, were together the No. 1 sub-prime mortgage lender in the world.