YOU ARE HERE: LAT HomeCollectionsBusiness Closings

Business Closings

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 will also be shut down. House & Garden began publishing in 1901.
October 6, 2007 | From Times Wire Services
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.
September 29, 2007 | From Times Staff Reports
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 | From the Associated Press
"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 | E. Scott Reckard, Times Staff Writer
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.
August 30, 2007 | Ashraf Khalil, Times Staff Writer
Pasadena city officials have moved to shut down the unlicensed youth club where a 16-year-old was fatally shot this month. Connie Orozco, the city's chief prosecutor, obtained a temporary restraining order Tuesday to close the Underground, in the 2000 block of Lincoln Avenue in northwest Pasadena. The club's fate will probably be decided in a Sept. 13 Superior Court hearing. "Hopefully it never opens again," Orozco said. On Aug.
August 20, 2007 | Francisco Vara-Orta, Times Staff Writer
Tina Tsoutsas blew a kiss as she said goodbye to the Rialto theater, a longtime South Pasadena fixture that has showcased cinema from silent movies to this summer's hit, "The Simpsons Movie." The beloved jazz-age institution, one of Southern California's remaining single-screen theaters, closed Sunday evening after 81 years. "Ask anybody who knows South Pasadena and they'll know about the Rialto," said Tsoutsas, 46.
August 11, 2007 | Charles Ornstein, and Tracy Weber and Jack Leonard, Times Staff Writers
Martin Luther King Jr.-Harbor Hospital shut down its emergency room Friday night and will close entirely within two weeks, a startlingly swift reaction to a federal decision to revoke $200 million in annual funding because of ongoing lapses in care. The extraordinary developments mark an end to nearly four years of failed attempts to reform the historic institution, treasured by many African Americans as a symbol of hope and progress after the 1965 Watts riots.
July 25, 2007 | From Times Wire Services
American Media Inc. said it would stop printing the Weekly World News, which for 28 years gleefully chronicled the exploits of alien babies, animal-human hybrids and dead celebrities. The company said it would end the print version of the tabloid newspaper with the Aug. 27 issue but would maintain the online version ( American Media is best known as the publisher of the National Enquirer. The Boca Raton, Fla.
Los Angeles Times Articles