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Family Business

July 12, 2013 | By Patrick McGreevy and Paige St. John
SACRAMENTO - Ian Calderon's introduction to the family business began at the ripe age of 1. His dad, Charles Calderon, then a state senator, staged a carnival for his son's birthday at their Montebello home in 1986. The senator used $2,000 in political contributions to pay for the backyard bash, and the guest list included campaign supporters and political pals. "So what?" Charles Calderon testified in an unrelated court case four years later. "I've been doing this ever since I was in public office.
July 4, 2007 | Karen E. Klein, Special to The Times
Dear Karen: I have a successful small business and would like to pass it down to my children someday. What can I do now to prepare? Answer: The decision to pass down a family business involves many issues, including family psychology, sustaining profitability and market share and transferring the business in a way that will minimize gift and estate taxes. Involve your children in the company while they're young and then let them make the decision about whether they want to eventually take over.
As the name Edwards Theatres Circuit Inc. suggests, this is a family business. And, while the chain lost its visionary leader with the death Saturday of 90-year-old James Edwards Sr., four Edwards family members are still handling day-to-day operations and plotting strategic direction. James Edwards III, Edwards' son, is president and chief operating officer. A daughter, Joan Edwards Randolph, is senior vice president and chief financial officer.
August 1, 2007 | Karen E. Klein, Special to The Times
Dear Karen: My family would like to start a business, but I'm worried we won't get along. Can you advise? Answer: Unless you're fighting over an inheritance, there's nothing worse for domestic harmony than opening a family business. Stephen Moore, chief executive of family-owned Helen's Foods in Irvine, offered these tips: Create defined work roles: "My mother and wife work together to create products.
February 14, 2014 | By Kera Bolonik
B.J. Novak wrote for and costarred in NBC's hit series "The Office" for eight seasons, a quiet member of a hilariously brash ensemble, playing the smug Ryan Howard. So when he unleashed his literary debut, "One More Thing: Stories and Other Stories" (Alfred A. Knopf: 276 pp., $24.95), as part of a two-book, seven-figure deal with the literary stalwart publisher, there was no reason to think that Novak wasn't just another actor with writerly delusions. In fact, he was succumbing to his fate.
September 26, 2013 | By Kenneth Turan, Los Angeles Times Film Critic
Smart, funny and articulate, Robert Reich is the university professor we all wish we'd had. He's so accessible and entertaining he takes a subject that sounds soporific and makes it come alive like you wouldn't believe in "Inequality for All. " That topic, as the title indicates, is the widening income gap in the United States between the hugely rich and the rest of us. Reich and documentary director Jacob Kornbluth turn out to be the ideal collaborators...
November 29, 2000 | Cyndia Zwahlen
The Family Business Program at USC will hold a half-day program on financial literacy for family businesses Dec. 6. The program, from 7:30 a.m. to noon at USC Hoffman Hall, will cover the methods, benefits and bottom-line results of teaching business and financial literacy to family members and employees involved in a family business.
"Family Business" (citywide) is a frail little caper movie that's overawed by its cast. With Sean Connery, Dustin Hoffman and Matthew Broderick playing three generations of a family, you've got a lot of talent at your disposal. Forget for the moment the fact that, in this movie about the persistence of family genes, none of the actors remotely resembles each other. Forget, too, that Dustin Hoffman is seven years younger than Connery, who plays his father here.
April 11, 1991 | JIM MURRAY
Everybody knows who Mario Andretti is, right? You all know Jose Canseco. Curtis Strange? But how about Aldo Andretti? Ozzie Canseco? Alan Strange? Got a clue? The best they can hope for from history is a "Say, are you related to . . . ?" They are related, all right. They are twins. Why is one sibling able to drive a race car, a baseball, a golf ball fast or far while his identical (or fraternal) twin isn't? It's a question that has confounded geneticists for generations.
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