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November 28, 2013
Re "Birth control cases head to Supreme Court," Nov. 27 Individuals incorporate their businesses, in part, to be afforded certain shields against individual liability. Those corporations are by definition separate from the individual owners. In taking advantage of a corporate shield and its benefits, as Hobby Lobby has, it seems that the individuals relinquish the right to assert that the corporation is an extension of their personal beliefs while using that same corporation as a shield against personal liability.
April 6, 2014 | By Walter Hamilton
The stock market is hitting new highs - just as corporate profit growth is slowing to a crawl. Rising earnings helped drive share prices to a series of record peaks in the last few years. But that dynamic could be tested this week when companies such as Alcoa Inc. and JPMorgan Chase & Co. begin releasing first-quarter results. Quarterly profits are expected to drop for just the second time in four years. The decline would be relatively small: 1.2% for companies in the Standard & Poor's 500 index, according to FactSet Research Systems.
October 30, 2013 | By Ciara Torres-Spelliscy
Anticipating the Securities and Exchange Commission's actions can feel like waiting for Godot. The SEC has been sitting on a petition for a new rule requiring publicly traded companies to disclose to shareholders what corporate funds are spent on political activities. The petition was filed in August 2011 by 10 corporate law professors, yet the formal rule-making process on it still has not begun. More than 640,000 people - including senators, representatives, state treasurers, comptrollers, former Vanguard Chief Executive John Bogle, investors and me - have filed public comments endorsing the need for such a rule.
March 25, 2014 | By Seema Mehta
Republican gubernatorial candidate Neel Kashkari unveiled a jobs plan Tuesday that calls for corporate tax breaks, hydraulic fracturing of some California oil deposits, reduced regulations on business and increased spending on water storage. The 10-point plan, focused on manufacturing, water, energy and the business climate, is the first policy Kashkari has set forth since announcing in January that he would run for office. The former U.S. Treasury official said his plan would "unleash" the private sector, creating hundreds of thousands of jobs.
April 19, 2011 | By Sharon Bernstein, Los Angeles Times
Consultants, self-help gurus and moms agree: Mistakes are how we learn. Small-business owners tell us their biggest error. Here is this week's: Business owner: Sarah Shaw Companies: Sarah Shaw Handbags, Entreprenette What I Did: Gave away my own name Background: I'm a consultant, and I teach women how to market tangible products. The Mistake: I had a handbag company, and about two years in I brought in investors. I had never trademarked my name, Sarah Shaw, so they had the attorney file the trademark for Sarah Shaw Handbags.
May 29, 1986
James V. Barone, the San Diego regional manager of Marcus and Millichap, has been appointed a vice president of the corporation.
April 9, 1993
Picture this. Davis is controller of a large corporation. Business is lousy. The corporation is operating in the red. Controller Davis goes to the president of the corporation and says, "Business is bad, hence I propose creating a new department to tell existing departments how to operate. This should save us a lot of money." Is he serious? In any of the major corporations that I have worked for, such a proposal would have brought forth gales of laughter. Please send this man a definition of the responsibilities of a controller.
January 23, 1986
The Neighborhood Resource and Development Corp. has been selected to handle the Pico Neighborhood Housing Rehabilitation Program. The nonprofit corporation helps maintain housing for low- to moderate-income people. Under the rehabilitation program, the corporation will provide grants to qualified residents interested in upgrading their property. The program is funded through Community Development Block Grant Funds from the city. Moe information is available at (213) 828-5504.
November 24, 1990
Howard Rosenberg, wake up to Econ 101! What corporation ignores the needs of its customers? By labeling Burger King "a groveler and a coward" is Rosenberg trying to deny it the freedom to respond to its customers? Am I not entitled to a concerned reaction when I vote with my dollars? Since when is a corporation "gutless" just because it doesn't happen to share Rosenberg's "principles"? The columnist has a double standard--maybe in his mind Christians aren't entitled to the same voice he urges for minorities, gays and women.
March 14, 2014 | By Daniel Miller and Meg James
It's one of Hollywood's longest-running guessing games: Who will succeed Walt Disney Co. Chairman and Chief Executive Robert Iger? And it just got a little more interesting. Anne Sweeney's announcement this week that she will step down as head of Disney's media networks, including ABC-TV, could help set up important moves on a corporate chess board as Disney prepares for bigger and more dramatic changes. Iger agreed last summer to stay on as CEO through June 2016, 15 months longer than initially planned.
March 5, 2014 | By David G. Savage
WASHINGTON - Halliburton Co. and other U.S. corporations urged the Supreme Court to reverse a 26-year-old ruling that triggered an avalanche of class-action lawsuits by investors in publicly traded companies. But based on justices' comments Wednesday, it appeared they would fall at least one vote short of a major victory. Chief Justice John G. Roberts Jr. and Justice Anthony M. Kennedy explored the idea of a "midway" ruling that would make it slightly harder, but not impossible, to bring such suits.
February 12, 2014 | By Kathleen Hennessey and Chris O'Brien
WASHINGTON - The White House has released guidelines aimed at prodding companies that run some of the nation's most essential services such as utilities, cellphone towers and banks to better protect themselves from cyberattacks. Officials said the guidelines, developed under an executive order that President Obama signed a year ago, provide companies overseeing the nation's crucial infrastructure with a blueprint for identifying potential threats, protecting themselves from cyberattacks and, if an attack occurs, recovering from it. But the voluntary nature of the guidelines showed how sharply proponents of strong regulation have scaled back their ambitions - and even their language - in the face of industry opposition to government intervention.
February 8, 2014 | By Noam N. Levey
WASHINGTON - Fans of the Jet City Rollergirls are hearing public announcements about Obamacare when they go to the roller derby track north of Seattle. Univision, the nation's largest Spanish-language television network, is airing half-hour specials about healthy living and educating viewers about how to sign up for coverage under President Obama's health law. And tax preparers at thousands of Jackson Hewitt and H&R Block offices are talking to their customers about how to enroll in the new insurance plans sold through the law's online marketplaces.
February 7, 2014 | By Steven Zeitchik
Early in the development of "The Lego Movie," Jill Wilfert, the executive who oversees Lego's licensing efforts in Southern California, had a question for her bosses at company headquarters in Denmark: Can we have a character die? "It wasn't something we ever had to really think about before," Wilfert said. "But we had to think about it now. " Their conclusion was yes, and it became one of a number of freedoms the company allowed Warner Bros., producer Dan Lin and writer-directors Phil Lord and Chris Miller in creating the most freewheeling and reference-packed picture to come out of film's branded-movie era. PHOTOS: Actors who've been turned down for famous roles "Lego"--which as of Thursday had garnered a rare 100% Fresh score on Rotten Tomatoes and was expected to open upward of $50 million this weekend--is a rare Big Hollywood entertainment with a playful subversiveness, the world's first postmodern toy film.
January 29, 2014 | George Skelton, Capitol Journal
SACRAMENTO - Are California voters ready yet to change Proposition 13 so that all corporations pay their fair share of property taxes? A new nonpartisan poll indicates they might be. But a better, more relevant question is whether any state political leader - namely a governor - is courageous enough to lead the charge. Answer: Of course not. Gov. Jerry Brown told me five years ago, before he was elected to a third term as governor, that "messing with 13 is a big fat loser. " Clearly he hasn't changed his mind.
January 27, 1990
I can't understand why Keating's five senators keep insisting they are honest. Of course they are; our system allows them to be bribed by anyone with a special interest. Let us just focus on incompetence--what corporation would not fire any executive who cost it $2 billion? DONALD SPONZA Los Angeles
April 11, 1988
The next time you hear a politician say we're going to lose so and so country to the Commies, do what I do. Send them the front page of The Times Business section. Hell, everyday we lose an American corporation to some foreign country! DONALD EFFENSPERGER Redondo Beach
January 18, 2014 | By Andrew Tangel
The stock market shined last year with an epic rally. Now it's time for corporate America - and the economy - to catch up. Stocks ballooned 30% last year, as measured by the Standard & Poor's 500 index. But the average company in the broad index only increased annual earnings - the key driver of stock values - an estimated 5.2% as the economy grew sluggishly. For stocks to maintain their gains, market observers say, American companies will need to eke out solid, if not better, earnings growth this year.
January 10, 2014 | By Steven Zeitchik
With Batman, Gandalf and Luke Skywalker all making appearances - and, of course, with constant references to the titular toy - "The Lego Movie" may be one of the biggest brand barrages Hollywood has unleashed on the American filmgoing public in recent memory. With an undercurrent of anti-totalitarianism, a suggestion that big corporations keep us numb with empty entertainment and even self-mocking references to dud Lego products, the film also may be one of the more meta and subversive movies Hollywood has unleashed on the American filmgoing public in recent memory.
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