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California Business

June 5, 1985 | JUBE SHIVER Jr., Times Staff Writer
California Business, a monthly magazine owned by outspoken Los Angeles businessman Martin Stone, is being sold to Dallas-based Commerce Publishing for "several million dollars," the Texas company said Tuesday. C. Don Baker, chairman of Commerce Publishing, said no immediate changes in the size of California Business' 30-member staff are planned. E.
August 1, 2013 | By Marc Lifsher
SACRAMENTO -- California's small businesses next year will have a range of competitively priced options offered by a state government health insurance exchange. The agency, Covered California , unveiled its portfolio of coverages Thursday afternoon. They include both health maintenance organizations and preferred provider networks and will be available in all parts of the state as of Jan. 1. Businesses with fewer than 50 employees can buy the insurance but are not required to do so under the new federal Affordable Care Act. Californians who are not covered by employer or government programs, however, will be hit with financial penalties if they fail to obtain health insurance.
September 27, 1985 | THOMAS B. ROSENSTIEL, Times Staff Writer
The sale of California Business magazine by Los Angeles businessman Martin Stone to a Texas publishing group collapsed this week after an apparent disagreement over financing and the magazine's value, it was announced Thursday. Stone, who writes a column in the magazine airing his views on politics and the economy, said he now intends to continue operating the monthly business journal and to assume the title of president.
June 26, 2013 | By Shan Li, Adolfo Flores and Ricardo Lopez
On the day the Supreme Court handed two major victories to the gay rights movement, Rossmoor Pastries in Signal Hill put the finishing touches on a wedding cake celebrating gay marriage. The cake - creamy white topped with two same-sex couples kissing - is the first of many that owner Charles Feder anticipates baking as gay weddings resume in the Golden State. He expects gay wedding celebrations, along with future anniversary fetes and baby showers, to be a boon to his business. "When gay marriage was allowed previously in California, we did three or four [cakes]
For a wide variety of California businesses, there's something to love and something to loathe in the wide-ranging economic package proposed by President Clinton on Wednesday. Some companies fret about the likelihood of new taxes. Others worry about new costs for energy. Still others fear the loss of government programs. But others applaud proposals to beef up worker training, increase tax credits and facilitate research and development.
November 28, 1993 | SAFI QURESHEY, Safi Qureshey is president and chief executive officer of Irvine-based AST Research Inc., a leading Fortune 500 manufacturer of personal computers. and
AST recently announced it is shifting a portion of its Orange County manufacturing and telephone support jobs to Texas, in part due to the high costs of doing business in California. Whenever large companies make these type of announcements, there is often a cause for alarm. However, in the wake of these actions, AST remains bullish on the future of business in California and the many strengths the state possesses in attracting and growing small- and medium-sized companies--and here's why.
April 22, 1989
Michael Kolbenschlag, editor-in-chief of California Business magazine, has been promoted to publisher. He will continue to serve as editor. Thomas F. Braun has been promoted from publisher to vice chairman at California Business News Inc., Los Angeles.
February 20, 2012 | By Melanie Mason
Restore Our Future, the independent group supporting Mitt Romney's presidential bid, raised $6.6 million last month, ending January with $16.3 million in the bank, according to filings submitted Monday to the Federal Election Commission. The group also spent almost $14 million in the first month of nominating contests. In all, the "super PAC" -- which can take unlimited donations from individuals and corporations -- has raised $36.8 million for the election cycle. This month's haul marks an acceleration in the group's fundraising pace, but unlike in months past, did not collect any million-dollar checks.
April 11, 2013 | By Anthony York, Los Angeles Times
SHANGHAI - Gov. Jerry Brown's trade mission to China this week is intersecting with one of the most controversial issues of his governorship: California's $68-billion bullet train. The governor has staked part of his legacy on the rail network, a centerpiece of his vision for California. He is hoping that China, which is enjoying an economic boom and spent $77.6 billion on overseas investments last year, according to official figures, will pump some of its cash into the troubled project.
April 10, 2013 | By Shan Li, Los Angeles Times
First it was Texas Gov. Rick Perry who came to California with his cowboy swagger and boasts about lassoing away businesses. Then the South Dakota governor swept through to recruit dairy farmers. Soon after, the Iowa governor made an appearance. Now they're coming in pairs. Joining forces, Utah Gov. Gary Herbert and Virginia Gov. Bob McDonnell are heading to California on Thursday to try their luck at wooing California businesses. On a two-day tour with stops in Costa Mesa, Palo Alto and San Francisco, the old friends plan to tout the wonders of doing business in their states.
March 28, 2013 | By Adolfo Flores
California could lose more than 26,000 jobs as a result of a tax provision in the federal healthcare law, a small-business advocacy group said. A study by the National Federation of Independent Business Research Foundation found that employment in the Golden State may see a loss of from 14,322 to 26,296 jobs by 2022 because of the Health Insurance Tax provision. The NFIB is one of the biggest opponents of the federal healthcare law and joined in the Supreme Court lawsuit challenging its constitutionality.
February 21, 2013 | By Shan Li
Iowa Gov. Terry Branstad is sweeping through California in a bid to lure businesses away -- a mere week after his counterpart in Texas similarly tried to bag some Golden State companies. Branstad and Texas Gov. Rick Perry had similar courtship strategies: Convince companies how terrible California is for businesses. "A happy hunting ground," is what Branstad called California during an interview on KCRA 3 in Sacramento. "The state's in a financial mess," Branstad said. "Taxes are going up. There's a lot of uncertainty.
February 12, 2013 | By Shan Li, Los Angeles Times
Texas Gov. Rick Perry is on a hunting trip in California. And the prey is Golden State businesses - and jobs. Perry kicked off his in-your-face campaign to woo companies to the Lone Star State this month with radio ads declaring that "building a business in California is next to impossible. " Now the governor is on a whirlwind trip through the state courting companies in person. "You fish where the fish are," Perry said Tuesday during an interview in Beverly Hills, his slow drawl emphasizing each point.
February 6, 2013 | By Shan Li
Outspoken California Gov. Jerry Brown has roundly dismissed radio ads by Texas Gov. Rick Perry that slam the Golden State's business environment. "It's not a serious story, guys," Brown told reporters at a Tuesday business event. The radio spots voiced by Perry, who has tried before to woo California businesses to the Lone Star State, starts out with the Texas governor proclaiming that "building a business is tough, but I hear building a business in California is next to impossible.
April 20, 1986
Thanks for the recent upbeat story about California Business ("California Business Magazine Starts on Comeback Trail," March 31). I'd like, though, to clarify two points: In reporting the events of last year at California Business, an impression may have been left that the previous administration did less than a good job. In fact, under the leadership of my predecessor, Hershel Sinay, California Business won more editorial and creative awards than...
November 1, 1991 | From Times Staff and Wire Reports
New Owners for Magazine: The MZ Group of San Francisco has acquired a controlling interest in California Business Magazine, one of the country's largest regional business publications, and transferred its operations to the Bay Area from Los Angeles. The merger has resulted in the layoffs of seven members of the magazine's work force of 28, according to Michael Kolbenschlag, who continues as editor and publisher.
February 2, 2013 | Michael Hiltzik
Ken Rakusin is frustrated. You would be too. Since 2009, the owner of Gordon Brush Manufacturing Co. has been trying to expand his 51,000-square-foot City of Commerce factory by 20,000 square feet. That would mean a larger factory floor, more office space for the engineers who work with customers to design new products, conference rooms, a spacious cafeteria. It would mean room to expand beyond Rakusin's current workforce of 85. More sales. Higher payroll. More property tax, sales tax, income tax. A $1.5-million investment in construction alone.
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