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NEWS
October 3, 2012 | By Susan Carpenter
William Shakespeare once wrote: "A fool thinks himself to be wise, but a wise man knows himself to be a fool. " That seems to be the guiding philosophy behind a new line of Shakespeare e-books from Sourcebooks that seeks to demystify the playwright's work. Called the Shakesperience and available through iTunes' iBookstore for $9.99 per title, the e-books use audio readings, a glossary, photos from notable performances and other tools to help student readers better understand Shakespeare's famously challenging texts.
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BUSINESS
March 14, 2014 | By Ricardo Lopez
Quiznos, the Denver-based sandwich chain, said Friday it had filed for Chapter 11 bankruptcy in Delaware, the second quick-service restaurant chain in a week to do so. The filing is expected to be speedy, as Quizno's senior leadership had already secured a "pre-packaged" restructuring plan with its creditors, the company said in a statement. The move will cut the company's debt by more than $400 million. Quizno's bankruptcy filing comes just days after Sbarro, the New York-based pizza chain, filed for court protection in Manhattan on Monday, the second time in three years.
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BUSINESS
September 19, 2012 | By Tiffany Hsu
Five Guys Burgers and Fries topped a new survey of favorite burger chains, leaving bigger chains such as McDonald's and Burger King in the dust. Market Force Information questioned 7,600 consumers, calculated the fan favorite based on total votes and then factored in the number of locations for each chain. In every region, Five Guys led the list. Overall, In-N-Out was second, followed by Fuddruckers, A&W and Smashburger. Dairy Queen ranked last in the group of 16 chains considered.
BUSINESS
November 24, 2013 | By Hugo Martin
If you are among America's well-to-do, you may have noticed that the airline industry has been rolling out the red carpet for you lately. For good reason. The number of affluent travelers has risen in the last few years, according to a report by the travel marketing agency MMGY Global and Harrison Group, a research group. Defined as those with annual household income of $250,000 or more, affluent travelers make up 6% of the leisure travel market, up from 4% in 2010, according to the report.
BUSINESS
March 14, 2014 | By Ricardo Lopez
Quiznos, the Denver-based sandwich chain, said Friday it had filed for Chapter 11 bankruptcy in Delaware, the second quick-service restaurant chain in a week to do so. The filing is expected to be speedy, as Quizno's senior leadership had already secured a "pre-packaged" restructuring plan with its creditors, the company said in a statement. The move will cut the company's debt by more than $400 million. Quizno's bankruptcy filing comes just days after Sbarro, the New York-based pizza chain, filed for court protection in Manhattan on Monday, the second time in three years.
BUSINESS
May 23, 2013 | By Andrea Chang, Los Angeles Times
Jennifer Lopez: actress, singer, dancer, fashion designer, and now, mobile phone mogul. The entertainer announced Wednesday that she had teamed up with Verizon Wireless to launch a new mobile brand, including retail stores, aimed at the fast-growing Latino population. Viva Movil by Jennifer Lopez has already begun to sell smartphones, tablets and Verizon wireless plans on its own website. More than a dozen stores in cities with large Latino populations including Los Angeles and Miami are expected to be announced in the next few weeks, with the first to open June 15 in New York.
NEWS
March 28, 2012 | By Catharine M. Hamm, Los Angeles Times Travel editor
At first blush, Ritz-Carlton , Drury Inn & Suites , Four Seasons , Hotel Indigo and Hampton Hotels might not seem to have much in common, other than being places to lay your weary head at the end of the day. Some cater to the high-thread-count crowd; others want to attract those who mind their money but also mind an uncomfortable accommodation. But according to a J.D. Power & Associates study released this month, those lodgings are "customer service champions," which focus on serving the clientele and not the other way around.
BUSINESS
April 19, 2012 | By E. Scott Reckard
The latest survey on bank satisfaction from  J.D. Power researchers in Westlake Village has new details about how customers think fees stink and also ranks California's best-loved banks. As you might guess, they are not major U.S. financial institutions. In first place for the second year is Raboban k , a Dutch giant that has branched out into many California agricultural centers. Rabobank , a specialist in farm lending (it puts out news releases about nut sales )
NEWS
September 19, 2013 | Bloomberg News
Joy Covey, who helped take Amazon.com Inc. public as the Internet retailer's chief financial officer, died Wednesday when her bicycle collided with a van  on a downhill stretch of road in San Mateo County. She was 50. Covey was riding her bicycle down Skyline Boulevard near Portola Valley, according to Art Montiel, a spokesman for the California Highway Patrol in Redwood City. She was pronounced dead at the scene. The San Mateo County coroner's office confirmed her identity. Covey, who lived in Woodside, was wearing a helmet, Montiel said.
NEWS
May 7, 2012 | By Stuart Pfeifer
Los Angeles magnate Ron Burkle went upscale with the latest addition to his portfolio: fashion retailer Barneys New York. Burkle's The Yucaipa Companies and Perry Capital took ownership of Barneys in a debt-restructuring deal, Barneys announced Monday. The deal slashes Barneys debt from $590 million to $50 million. “This agreement provides us with increased free cash flow that will be used to revitalize our stores, invest in Barneys.com and further enhance our customer experience at a time when our operational financial performance is very strong,” Barneys chief executive officer Mark Lee said in a statement.
NEWS
October 21, 2013 | By Alexandra Le Tellier
President Obama addressed the nation Monday about the technical problems that have roiled the Oct. 1 launch of the health insurance marketplace, Healthcare.gov, where consumers have struggled to sign up for new plans under the Affordable Care Act. “We are confident we will get all the problems fixed,” said Obama , who also reminded us that we're just three weeks into a six-month enrollment period. That doesn't excuse the blunders, which, The Times' editorial board argues , are “mind-boggling and inexcusable, especially considering how much time the government had to prepare.” The board also warned that failure to fix the website glitches ASAP “could inflict a greater toll on the Affordable Care Act than the law's opponents have.” And while Obama said Monday that “nobody's madder than me that the website's not working as well as it should,” readers commenting on our discussion board want to see the president hold people accountable for the mistakes made.
NEWS
September 19, 2013 | Bloomberg News
Joy Covey, who helped take Amazon.com Inc. public as the Internet retailer's chief financial officer, died Wednesday when her bicycle collided with a van  on a downhill stretch of road in San Mateo County. She was 50. Covey was riding her bicycle down Skyline Boulevard near Portola Valley, according to Art Montiel, a spokesman for the California Highway Patrol in Redwood City. She was pronounced dead at the scene. The San Mateo County coroner's office confirmed her identity. Covey, who lived in Woodside, was wearing a helmet, Montiel said.
TRAVEL
August 11, 2013
Chris Erskine's story ["Roll on By," July 28] brought back remembrances of a trip my husband and I shared 10 years ago. Our train was filled with Australians as well. On Day 2 one jumped up, pointing in the distance and yelling "BARR!" Their cameras followed. Their enthusiasm was wild. I whispered to my husband, "That's a tree stump; bears do not lie still on the ground for that long!" They didn't hear it from me. When we picked up our rental car for the drive to Coeur d'Alene, Idaho, we were warned that bears do graze along the roadside.
BUSINESS
May 23, 2013 | By Andrea Chang, Los Angeles Times
Jennifer Lopez: actress, singer, dancer, fashion designer, and now, mobile phone mogul. The entertainer announced Wednesday that she had teamed up with Verizon Wireless to launch a new mobile brand, including retail stores, aimed at the fast-growing Latino population. Viva Movil by Jennifer Lopez has already begun to sell smartphones, tablets and Verizon wireless plans on its own website. More than a dozen stores in cities with large Latino populations including Los Angeles and Miami are expected to be announced in the next few weeks, with the first to open June 15 in New York.
BUSINESS
February 27, 2013 | By Tiffany Hsu
J.C. Penney Co. is falling deeper into a rut, reporting yet another quarter of tanking sales and net loss as the department store chain struggles in its reinvention. The Plano, Texas, company reported a net loss of $552 million, or $2.51 a share, in its fiscal fourth quarter, which ended Feb. 2. During the same period a year earlier, it lost $87 million, or 41 cents a share. Revenue plunged 28.4% to $3.9 billion. Same-store sales, which track revenue at locations open at least a year and are less volatile, plummeted 31.7%.
BUSINESS
February 5, 2013 | By Andrea Chang
After struggling for years to remake itself, Dell Inc. has announced it will be taken private in a deal valued at about $24.4 billion. Under the terms of the agreement, the Round Rock, Texas, company will be acquired by Dell founder and Chief Executive Michael S. Dell and global technology investment firm Silver Lake. Microsoft Corp. will invest $2 billion in the deal, a move the Redmond, Wash., company said it was undertaking to help support "the long-term success of the entire PC ecosystem.
BUSINESS
February 23, 2012 | By Tiffany Hsu
Sears Holdings Corp. posted a $2.4-billion loss in its fourth quarter but appeased investors by planning to sell or spin off many of its stores to boost liquidity. The Hoffman Estates, Ill., company reported a loss of $22.63 per share in the quarter that ended Jan. 28, from $374 million, or $3.43 a share, in the same quarter a year earlier -- results that Chief Executive Lou D'Ambrosio deemed “unacceptable.”  The company operates Kmart and Sears stores. But on Thursday, the company announced plans that could raise nearly $800 million.
BUSINESS
December 10, 2012 | By Tiffany Hsu
Wall Street has dished up a heavy serving of doom and gloom for McDonald's Corp. in recent months as the world's largest restaurant company missed analyst expectations, suffered profit slumps and shuffled its roster of executives But the fast-food giant caught a break Monday, announcing better-than-expected November sales that gave its stock price a boost. Last month, same-store sales worldwide rose 2.4% after plunging 1.8% in October -- the first monthly slide in nine years.
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