August 8, 2012 |
Get ready to pay more for your Papa John's pizza if "Obamacare" goes into full effect … a whopping 15 to 20 cents more. John Schnatter, chief executive of the pizza chain, is bashing President Obama's healthcare reform law as a policy that will force the company to choose between its customers and its investors. And if the Patient Protection and Affordable Care Act rolls out as planned in 2014, Schnatter's strategy is “of course … to pass that cost on the consumer in order to protect our shareholders' best interest,” he said in a recent conference call.
June 27, 2012 |
NEW YORK — "Wheels of Fortune," the Los Angeles Times series that exposed the world of Buy Here Pay Here car dealers, was honored with a Gerald Loeb award at a ceremony here Tuesday night. The Wheels series by Business reporter Ken Bensinger won in the Large Newspapers category, eclipsing two entries from the Wall Street Journal and one from the New York Times in that competition. Bensinger's stories explained the shrewd business model that underpins Buy Here Pay Here. The buyers are people who need cars to get to work but whose credit is so poor they can't qualify for traditional loans.
May 11, 2012 |
In the not-so-distant past, children looked mainly to their fathers for lessons on life outside the home, on how to succeed in business, politics and social organizations. Mom occupied the center of family life and guided us in personal relationships; the values she stressed - empathy, kindness, fairness, collaboration - didn't seem to guide a dog-eat-dog world. But times change. Today, success in business often depends more on what our mothers traditionally taught us. In other words, male or female, many of the smartest, most creative and innovative among us are becoming more feminine.
April 2, 2012 |
In the late 1990s, a peculiar global fever broke out. Boys in Afghanistan began cutting their hair like Leonardo DiCaprio, girls in Japan held parties to weep together while listening to "My Heart Will Go On" and cruise line staffers had to keep peeling adventuresome passengers from the bows of their ships. The whole world, it seemed, needed a good cry — and found it in the movie "Titanic," James Cameron's extravagant retelling of the luxury ocean liner's 1912 sinking. After its 1997 premiere, "Titanic" sailed on to gross $1.8 billion globally, a record that would not be surpassed at the box office for 12 years — until Cameron's 2009 3-D fantasy "Avatar.
CALIFORNIA | LOCAL
March 26, 2012 |
It appears the historic blade sign hanging in front of the Rialto Theatre in South Pasadena will survive a safety scare that arose this month, but preservationists and city officials are worried about more than just the sign. They are concerned their efforts to revitalize the moribund 87-year-old theater may crumble like the exterior of the building, which is held together in places by wire mesh. Last week, representatives of leaseholder Landmark Theatres said they have decided to repair the sign and are in the process of hiring a contractor.
March 10, 2012 |
On a rooftop parking lot in Coral Gables, Fla., with temperatures in the low 50s, a crowd of all ages shimmied and shook, sweated and smiled as DJ Francis played an eclectic mix of dance music. But this wasn't just another wild South Florida party. It was a special Zumba class for charity, led in January by the creator of the global craze, Alberto "Beto" Perez. The charismatic Colombian in cargo pants - who has become a rock star in the fitness world - climbed onto the roof of a Chevy minivan that doubled as a stage.
March 2, 2012 |
The review site Yelp has gone public, and Wall Street likes what it sees. The company's stock took off at the start of trading. But is Yelp a good investment? Let's post a review. First of all, Yelp is obviously a very popular Web destination, with 66 million unique monthly visitors and about 25 million reviews as of the end of last year. You can't argue with those numbers. What should make people wary, though, is the little fact that Yelp has yet to earn a penny since its founding in 2004.
January 25, 2012 |
At Sevenly, a business started by young entrepreneurs in Orange County, a key to the operation is the number seven. Each line of T-shirts and hoodies designed by the company goes on sale for exactly seven days. No more, no less. The Fullerton company donates to seven causes: anti-slavery, hunger relief, clean water, medical help, disaster relief, anti-poverty and miscellaneous aid. And for every item sold, Sevenly donates — you guessed it — $7. "It's a great number," said co-founder Dale Partridge, who holds the title of chief world changer.
January 5, 2012 |
Entertainment giant Walt Disney Co. has struck a deal enabling Comcast Corp. cable customers access to all its popular channels — including ESPN, ABC, ABC Family and the Disney Channel — from portable devices and video-on-demand services. The comprehensive 10-year agreement announced Wednesday underscores how entrenched media giants are lining up to protect the decades-old pay-TV business model. Several years ago, entertainment companies were divided on whether to offer some of their most valuable programming free on the Internet, through services such as Hulu, in hopes of attracting younger viewers and advertising dollars.