January 12, 2012 |
Three days after a private equity firm bought the San Diego Union-Tribune in mid-2009, it did what private equity firms frequently do: It cut a lot of jobs. The cost savings from the 192 layoffs announced that day, and 150 or so others over the next year, helped Beverly Hills-based Platinum Equity more than triple its money when it sold the newspaper in November. It wasn't nearly so rosy for people thrown out of work in a punishing economy. That's life in the private equity world, where layoffs are part of the playbook that elite investment firms use to squeeze cash out of struggling companies.
July 5, 1989 |
"Weekend at Bernie's" (citywide) is a one-joke comedy as fragile as a soap bubble. It never self-destructs, but because it threatens to at every turn, it unleashes so many laughs it could just end up a summer sleeper. Writer Robert Klane, who has "Where's Momma?" among his credits, has taken an amusing premise, and director Ted Kotcheff and his young stars Andrew McCarthy and Jonathan Silverman run with it.
December 21, 2010 |
Easy A Sony, $28.96; Blu-ray, $34.95 John Hughes meets "The Scarlet Letter" in the whip-smart high-school comedy "Easy A," which stars Emma Stone as a bright nobody who becomes a controversial cult hero when her classmates mistakenly believe she's had sex. The movie isn't always as gutsy as it could be in taking on teenage hypocrisy and image control, but screenwriter Bert V. Royal's dialogue is crisp and funny, director Will Gluck keeps...
April 22, 2006
EXECUTIVE COMPENSATION in the United States has swollen to the point where even Gordon Gekko might blush. Just look at two sweetheart deals in the headlines this week. A newly released review of former Exxon Mobil Corp. Chairman Lee R. Raymond's pay package shows he made $686 million on paper from 1993 to 2005. That translates to $144,573 for every day he worked. The company defends the extravagance, saying that Raymond's paycheck was duly approved by its board of directors.
September 24, 2010 |
The return of a classic drama and a new attempt at a family animated franchise will compete for the top spot at the box office this weekend, though neither is likely to be a huge hit. Twentieth Century Fox's "Wall Street: Money Never Sleeps," a sequel to the 1987 classic that teams Shia LaBeouf with original star Michael Douglas, opens against Warner Bros.' "Legend of the Guardians: The Owls of Ga'Hoole," director Zack Snyder's animated feature adaptation of the fantasy book series for kids.
November 16, 2009
The Times' high school football rankings by Ben Bolch: -- Rk. Team (Rec., Sec.-Div.) Comment (Last week's ranking) 1 CRENSHAW (10-0, City-Division I) Cougars hoped for Fairleigh Dickinson when told they would face a No. 16 seeding. (1) 2 EDISON (10-0, SS-Pac 5) If Chargers finish unbeaten, you could say it was a (Bill) Workman-like effort. (2) 3 OAKS CHRISTIAN (10-0, SS-Northwest) Tri-Valley League foes consider giving Bill Redell a rocking chair with a faulty leg as going-away present.
May 28, 2013 |
"Behind the Candelabra," the Liberace biopic starring Michael Douglas and Matt Damon, garnered 2.4 million viewers in its premiere Sunday on HBO. The Steven Soderbergh-directed television movie was a huge hit for the cable network -- giving it its best audience since the 2004 movie "Something the Lord Made. " Soderbergh has been quite candid about the film's long road to the small screen; it originally was intended as a feature film, but those plans fell apart when Warner Bros. lost interest.
September 13, 1997 |
Remember the sequence from Adrian Lyne's "Fatal Attraction" in which Michael Douglas' character, left alone in his Manhattan apartment while his wife and son visit relatives, decides to spend a day with the woman he'd picked up the night before? They laugh, they talk, they eat, they make love, he tries to leave, she slits her wrists? In the morning, he comes home, and musses the sheets in his own bed, so that when his wife gets there later, she'll think he's been a good boy?