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BUSINESS
October 16, 2013
NEW YORK -- Stocks surged more than 1% in early trading Wednesday on hopes for a last-minute deal to end Washington's fiscal impasse. The Dow Jones industrial average rose 200 points on a report that U.S. House Speaker John Boehner would allow a vote on a Senate agreement to be announced later in the day. The Dow was up 201.38 points, or 1.3%, to 15,369.39 more than 90 minutes after the opening bell. The broader Standard & Poor's 500 was up 1.4%, while the Nasdaq composite index gained 1.2%.
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BUSINESS
October 16, 2013 | By W.J. Hennigan
An exhibit documenting last year's record-setting 24 mile free-fall by daredevil Felix Baumgartner is on display at the California Science Center. Visitors to the Exposition Park museum can see the equipment used in the mission, including Baumgartner's space suit and the 3,200-pound capsule that took him to 127,852 feet above the New Mexico desert before his famed leap. More than 8 million computers and other digital devices tuned in to YouTube to watch Baumgartner become the first free-falling human to crack the sound barrier.
BUSINESS
October 16, 2013 | By Ricardo Lopez
In an acquisition that will make it the largest auto parts seller in North America, Advance Auto Parts said Wednesday that it would pay $2 billion to buy General Parts International Inc., which owns the Carquest brand.   Advance Auto Parts , based in Roanoke, Va., said in a statement that the combination of the two firms will result in annual savings and revenue improvements of $160 million within three years of closing the deal. "This transformational transaction provides a compelling strategic opportunity for Advance to expand our geographic presence and commercial capabilities to better serve customers," Advance Auto Parts Chief Executive Darren Jackson said.  Advance Auto Parts will now pick up General Parts International's 1,246 company-operated stores, in addition to 1,418 independently operated Carquest stores.
CALIFORNIA | LOCAL
October 12, 2013 | By Kate Mather
The space shuttle Endeavour arrived at the California Science Center nearly one year ago, and the Exposition Park museum is throwing its crown jewel quite the anniversary party. Saturday marks the second day of "Endeavour Fest," a three-day event featuring astronaut presentations, film screenings and other displays related to science and engineering. The museum will also have on display the SpaceX Dragon -- the first commercial spacecraft to make a successful delivery to the International Space Station -- and the capsule and pressurized suit Felix Baumgartner used when making his recent record-breaking leap from the stratosphere.
CALIFORNIA | LOCAL
October 10, 2013 | Kate Mather, Los Angeles Times
Tens of thousands of spectators crowded sidewalks and rooftops last October as the space shuttle Endeavour crawled across the streets of Los Angeles and Inglewood, an overwhelming welcome home for the retired spacecraft. Two weeks later, when the California Science Center opened the shuttle to public view, attendance at the Exposition Park museum surged. In just a few months, more than 1 million people visited the Science Center, which had averaged roughly 1.6 million visitors per year prior to the shuttle's arrival.
BUSINESS
September 27, 2013 | By Walter Hamilton
The gig: Richard Plump is chief executive of Plump Engineering Inc., an Anaheim architectural engineering firm with 38 employees. Plump helped oversee the transportation of the space shuttle Endeavour from Los Angeles International Airport to the California Science Center in Exposition Park last year. He made sure the spacecraft did not damage streets or underground pipes as it wound through a 12-mile stretch of Inglewood and Los Angeles. He had previously overseen the movement of the huge rock that's now at the Los Angeles County Museum of Art. Troubled childhood: Plump, 51, overcame a difficult childhood.
CALIFORNIA | LOCAL
September 6, 2013 | By Patrick McGreevy and Melanie Mason
SACRAMENTO - State lawmakers on Friday sent the governor a bill that would give some child-abuse victims more time to sue employers whose workers are molesters. Other bills winning final legislative approval included one to stiffen penalties against paparazzi who harass the children of celebrities and public officials. The sex-abuse bill, which is opposed by the Catholic Church, would allow some child-abuse victims more time to file lawsuits against private and nonprofit institutions, such as the Boy Scouts and parochial schools, but would not apply to public schools.
CALIFORNIA | LOCAL
September 5, 2013 | By Rong-Gong Lin II and Paul Pringle
The California Science Center gave final approval Wednesday to a deal that grants USC control over the publicly owned Los Angeles Memorial Coliseum and nearly all of its revenue for the next century. With no debate, the lease agreement passed on a voice vote by five of the eight Science Center board members, all appointed by the governor's office. Finalizing the arrangement took more than a year longer than the Coliseum's governing commission had hoped, largely because its secretive handling of the lease deliberations alienated key backers of the Science Center and two other museums that share Exposition Park with the stadium.
OPINION
June 29, 2013
Up until Wednesday - when The Times last published letters on the deal giving USC control over the taxpayer-owned Los Angeles Memorial Coliseum for the next 98 years - almost all the readers who had sent us missives on the topic weren't happy with the arrangement. They decried the fact that the Coliseum Commission negotiated the deal in secret, that nearby properties such as the California Science Center might suffer, and that a private university stood to benefit financially with a public resource.
CALIFORNIA | LOCAL
June 25, 2013 | By Rong-Gong Lin II and Paul Pringle
A state board voted Tuesday to approve a sharply debated deal that grants USC control of the Los Angeles Memorial Coliseum and nearly all of the revenues from the taxpayer-owned stadium for the next century. The governing board of the California Science Center, the Coliseum's landlord, voted 7-0 to adopt the basic terms for the lease agreement that extends to the private university most of the benefits of owning the historic venue without requiring the school to buy it. The new lease will become effective after the state Department of General Services and the California Natural Resources Agency approves a final document and the Science Center board ratifies it. The package could require Sacramento to reimburse two public museums next to the Coliseum for money they might lose to USC's use of their parking lots.
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