BUSINESS
April 25, 2012 | By Roger Vincent, Los Angeles Times
CBRE Group Inc., the world's largest commercial real estate brokerage, turned a profit in the first quarter as U.S. property sales took off. The Los Angeles firm said Tuesday that income from arranging transactions to buy or rent space in offices, warehouses and other commercial properties helped revenue increase 14% from a year earlier to $1.35 billion. Growth was driven primarily by activity in the United States as leasing transactions fell off in Europe and sales slid in Asian markets.
BUSINESS
April 22, 2012 | By Roger Vincent, Los Angeles Times
After an extended lull brought on by the economic downturn, commercial real estate developers are building again. Some of the activity involves the revival of projects that stopped during the recession, but many others are new from the ground up and mark the return of construction cranes to the Southern California skyline along with the injection of billions of dollars into the local economy. An intense demand for apartments is the biggest driver of development, as the improving economy supports the formation of new households.
SPORTS
April 21, 2012 | By Dan Loumena
Cam Newton, the Carolina Panthers' prized quarterback and last season's NFL offensive rookie of the year, appears poised to have another stellar season on the football field. Panthers Coach Ron Rivera saw the 6-foot-5, 245-pounder recently and said he seemed to have changed . "I had a chance to visit with him briefly, and he seems like a different person," Rivera said. "He seems more mature, in terms of ready to take some leadership roles. " That's not good news for teams in the NFC South.
BUSINESS
April 19, 2012 | By W.J. Hennigan, Los Angeles Times
The Jetsons had one, and Fred MacMurray flew one in "Flubber. " Novelist Ian Fleming included one in his children's book "Chitty Chitty Bang Bang. " James Bond's nemesis Francisco Scaramanga used one as a getaway vehicle in the film "The Man With the Golden Gun. " Now, a Massachusetts company hopes to commercially market a flying car — although "driving plane" might be a more accurate description. At last week's New York International Auto Show, Terrafugia Inc. of Woburn, Mass., unveiled the Transition, a two-seat aircraft with foldable wings.
SPORTS
April 11, 2012 | By Bill Shaikin
The Dodgers should be required to disclose the conditions that govern land use around Dodger Stadium, the Los Angeles Times argued in a court filing Wednesday. The Dodgers have asked the U.S. Bankruptcy Court for permission to file those conditions under seal, citing the "sensitive non-public commercial information" within. Attorneys for The Times argued that the Dodgers have not provided any evidence to support that claim or shown why it should outweigh "the well-established presumption of public access to judicial records.
ENTERTAINMENT
April 8, 2012 | By Emily Rome, Los Angeles Times
In a recording studio on Sunset Boulevard, Thomas Bergersen and Nick Phoenix are banging on two giant taiko drums built especially for their company, Two Steps From Hell. The brawny musicians exude the fierce intensity prevalent in much of their music - until they suddenly get off-beat and let out loud laughs that reveal just how much fun this is for them. Bergersen and Phoenix revel in the world of music for movies, but not in the same way as film score maestros like Hans Zimmer and John Williams.