CALIFORNIA | LOCAL
January 21, 2014 |
Business merchants in downtown Santa Ana are offering $5,000 for information leading to the arrest of the people involved in the beating of a young woman outside of a club there over the weekend. A woman in her 20s, whose name was not released, was taken into custody Monday on suspicion of assault with a deadly weapon causing great bodily harm to the victim, identified by family and friends as Kim Pham , a Westminster resident. Santa Ana Police, however, continue to search for two other women and two men involved in the assault and are asking the public's help in identifying them.
January 19, 2014 |
Business travel has rebounded from the Great Recession, but lots of travelers remain frugal when spending company money on the road. That was one of the findings of a new report that analyzed millions of business travel expense reports. For breakfast, the most frequent eatery for business travelers was Starbucks -- 14% of travelers bought food from the coffee shop, spending an average of $8.44 per meal, according to an analysis for the last...
January 19, 2014 |
All companies sit somewhere in a supply chain. Most have competitors and collaborators. And yet we look at businesses very often in isolation - as if their results depend solely on their own separate efforts. The principal achievement of the book "Network Advantage: How to Unlock Value From Your Alliances and Partnerships" is to draw attention to the importance of these broader networks to the success or failure of businesses. With detailed and thoroughly researched case studies, the authors - Henrich Greve and Andrew Shipilov of INSEAD global graduate business school and Timothy Rowley of the Rotman School of Management in Toronto - show how to take a more systematic approach to the portfolio of networks and alliances in which businesses find themselves.
January 19, 2014 |
The gig: As chief executive of Blue Shield of California, Paul Markovich leads one of the country's largest nonprofit health insurers, and he is a major player in the state's rollout of Obamacare. Dakota days: Markovich, 46, grew up in Grand Forks, N.D., the son of two professors at the University of North Dakota. His father taught political science, and his mother lectured on economics and finance. Much of his childhood was spent skating at the local hockey rink. His first jobs included serving as a hockey camp counselor and refereeing youth hockey games.
January 19, 2014 |
Few regions were hit harder by the Great Recession than the Inland Empire, where foreclosures turned neighborhoods into ghost towns and real estate projects dissolved into weeds and broken dreams. So it's not surprising that four of the five largest banks in the region failed, sunk by risky subprime mortgages and failed construction loans. Citizens Business Bank was the exception. The bank, operated by holding company CVB Financial Corp., limited construction and land development loans to no more than 10% of its portfolio, far less than many of its peers.
January 18, 2014 |
Hang on to your deerstalker cap: Sherlock Holmes is not dead. This news may come as a shock to some, not least to John Watson, the doctor played by Martin Freeman in "Sherlock," the BBC's contemporary adaptation of Sir Arthur Conan Doyle's famous detective stories. The critically acclaimed show, with Benedict Cumberbatch as the title detective, returns to PBS on Sunday. The new season picks up two years after the last one left off, with Holmes having faked his own death by supposedly leaping from St. Bartholomew's Hospital.
January 17, 2014 |
The recent report from the Los Angeles 2020 Commission paints a bleak picture for Los Angeles, with a laundry list of ills facing the city. Our concern is that the commission will recommend options, to come within 90 days, that mimic those of the past: policies that favor specific industries, aim for growth in only particular geographic areas, lend money to firms turned down by banks or target specific types of jobs. We can't say this firmly enough: An important objective must be to make adjustments that give investors security about the future of city services and tax rates.
January 15, 2014 |
President Obama intends to nominate Maria Contreras-Sweet, the founder of a Latino-owned community bank in Los Angeles and a former state Cabinet secretary, to head the Small Business Administration. Contreras-Sweet, who is highly regarded in the L.A. business community, is expected to be nominated Wednesday afternoon. She would fill the last vacancy in Obama's Cabinet. Born in Guadalajara, Mexico, Contreras-Sweet immigrated to Los Angeles when she was 5. She was the first Latina to serve as a Cabinet secretary in California when she was secretary of the Business, Transportation and Housing Agency from 1999 to 2003.
January 14, 2014 |
MAKENA STATE PARK, Hawaii - After a record year of attacks across the Hawaii archipelago, sharks were not far from Colin Dececco's mind as the sun went down on the long white strip of sand here on a recent Sunday evening. He and his daughter had had a close encounter with a reef shark while swimming around the rocky cove at the north end of Makena's Big Beach that morning. Now, watching a spear fisherman haul in his catch as they strolled by the same spot at sunset, they heard a splash at the edge of his net. It was an 8-foot tiger shark, one of the most aggressive shark species in Hawaii's waters and the likely culprit for many of the 14 attacks in 2013, eight of which occurred around Maui, near Makena's beaches and elsewhere.
January 10, 2014 |
By the time summer rolls around, moviegoers will have seen Kevin Hart in five films within a year. The stand-up comedian-turned-actor's BET sitcom "Real Husbands of Hollywood," meanwhile, has scored solid ratings. And then he was invited to spend seven precious minutes with President Obama. You'd think he'd be content with all that, but Hart wants more, and he believes it'll start coming to him next weekend. That's when "Ride Along," his buddy-cop comedy with Ice Cube, hits theaters - the first film in which he has a starring role.