Industry

In an odd yet understandable marketing strategy, the folks behind E!'s new reality show "Mrs. Eastwood & Company" have spent a lot of pre-premiere publicity time explaining what the show isn't. Which is to say, Clint Eastwood. The legendary actor and director will appear in but a few episodes and then only briefly. He will not, for instance, be slamming doors or engaging in filmed therapy sessions with his wife, Dina, around whom the show revolves (see title.) That doesn't mean the show is not about Clint Eastwood; it is. If the principal characters -- Dina, her 15-year-old daughter Morgan and 19-year old stepdaughter Francesca -- were not related to him, there would be Absolutely No Reason to watch this, which, by reality show standards, promises to be tame to the point of sedation.

A lobbyist representing a consortium of plastic bag producers was roaming the halls of Los Angeles City Hall this week, trying to torpedo Wednesday's anticipated City Council vote to ban the ubiquitous, flimsy flower that litters the urban landscape and fouls the seashore. Naturally, environmentalists were in a tizzy, fearing the worst outcome while hoping for the best. Under the proposal by Councilman Paul Koretz, paper bags would also be banned, and Los Angeles would become a national leader in the proliferation of reusable bags.

The Obama administration's new plan to stimulate refinancings of FHA mortgages is likely to help large numbers of homeowners — even those who are deeply underwater — cut their monthly costs by switching to a loan with a rate below 4%. Here's a quick overview of the "streamline refi" program and what it will take for you to qualify. First, the baseline criteria: Your current home loan must be FHA-insured and must have been put on the Federal Housing Administration's books no later than May 31, 2009.

BOSTON — A new generation of consumers who have little regard for historical distribution systems will be what drives media companies to rethink their role as gatekeepers to content. "It always seems to be about the kids," said filmmaker Ed Burns who has taken to releasing his movies on non-theatrical platforms, including Apple's iTunes, and on video-on-demand. Speaking at the National Cable Telecommunications Assn.

Distancing himself from Republicans on housing issues, President Obama pitched a $5-billion to $10-billion plan to help a key segment of struggling homeowners — those still making monthly payments, but on underwater mortgages. Obama proposed Wednesday to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. He argued that those homeowners — and the country — couldn't afford to let the housing market bottom out, as many Republicans, including presidential candidate Mitt Romney, have advocated.

Manny Hamelburg, 68, a retired businessman, had fought prostate cancer for years. First, he tried radiation, then a drug with side effects that nearly killed him, and finally Lupron, a drug that blocks production of testosterone, the hormone that can fuel prostate cancer. The cancer disappeared. But life was miserable. Without normal levels of testosterone, Hamelburg says, he had no energy, and "zero libido for seven years. I was like a eunuch. I was chemically castrated. Sex was just hugs."

Often film sequels are slam dunks at the box office, a seamless continuation from where a previous hit left off. But as the new installment of the 15-year-old franchise "Men in Black" proves, getting to the big screen isn't always a cakewalk. One of the most troubled productions in recent Hollywood memory, Sony Pictures' latest movie in the Will Smith-Tommy Lee Jones sci-fi-comedy franchise encountered multiple script rewrites, a discontented star and a three-month production shutdown as writers and studio executives scrambled to fix a project that nearly fell apart . By the time it was over, the studio had run up a tab of nearly $250 million - making "Men in Black 3" one of the most expensive releases of the summer.

washington -- Mitt Romney twice emphasized his unique business background when he and eight other Republican presidential candidates faced off in a debate last week in Iowa. "I've spent the last, as I've told you, 25 years in the private sector," former Massachusetts Gov. Romney declared at one point. "I understand why jobs come and why jobs go. I've done business in 20 countries."

BMW has been striving to reconcile its dueling images for years. Best known for its luxurious, sport-oriented cars, the German manufacturer's motorcycles are only beginning to shed their reputation as wheels for safety-conscious old men, thanks to exciting new bikes like the S 1000 RR and K 1600 LT. At this weekend's International Motorcycle Shows event in Long Beach, BMW is likely to confuse its image even further when its first scooters make...

First of three parts Tiffany Lee wanted a car. She was weary of the two-hour bus ride to her job at a UCLA Health System clinic. She hated having to ask friends to drive her 7-year-old son to his asthma treatments. But as a single mother with three children, bad credit and a $27,000-a-year salary, she couldn't find a bank or dealership willing to give her a loan. Then a friend steered her to Repossess Auto Sales in Hawthorne. Another buyer might have balked at the deal she was offered.

The newly formed SAG-AFTRA board of directors has confirmed David White as the merged union's sole national executive director. The national board of SAG-AFTRA voted overwhelmingly Sunday to select White for the job, approving a new three-year contract. White, the former Screen Actors Guild executive director, was expected to assume the new position as the chief administrative officer for the union of about 160,000 members. He had been serving as co-national executive director with former American Federation of Television and Radio Artists leader Kim Roberts Hedgpeth, who announced last month that she was resigning.

CAMP DAVID, Md. - In a significant political victory for President Obama, the leaders of Germany and other European nations endorsed a policy of economic growth over austerity and emphasized that Greece, which is trying to battle its way out of a crippling debt crisis, should remain in the Eurozone. Meeting on the cloistered grounds of the presidential retreat here, the leaders of the Group of 8 industrialized nations said in a joint statement that Eurozone economies should work to narrow deficits through "fiscal consolidation" and that each country must decide for itself the best mix of policies for promoting economic recovery.

WASHINGTON - The Obama administration ordered tariffs of 31% and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry. The Commerce Department announced the stiff duties Thursday after making a preliminary finding that Chinese solar panel manufacturers "dumped" their goods - that is, sold them at below fair-market value. The widely anticipated ruling, if affirmed by U.S. trade officials this fall, is expected to have significant implications for both the global production of solar cells, now largely in China, and the growth of the solar energy industry in the U.S., which employs about 100,000 people in manufacturing, installation and services.

In the smart, involving documentary "Indie Game: the Movie," when video game designer Phil Fish chillingly asserts that he'd kill himself if he didn't finish his long-gestating game "Fez," you get the feeling he isn't bluffing. That's the level of depth and candor filmmakers Lisanne Pajot and James Swirsky mine here as they profile several independent artists struggling to succeed in the highly corporatized - and often hugely lucrative - video game industry. In addition to the French-Canadian Fish, who spent more than four nerve-wracking years developing the much anticipated, aesthetically oriented "Fez," the movie also compellingly follows the long distance, rollercoaster collaboration between designer Edmund McMillen and programmer Tommy Refenes as they create "Super Meat Boy," their first major game for Xbox (it went on to sell more than 1 million copies)

L ogistics, the art of bringing socks and TVs and carrots from where they're made to a store near you, is a trillion-dollar industry in the U.S., and continuing to grow. The industry grew 10% in the middle of a deep recession, according to a report last year , and helps companies such as Wal-Mart, Target and Amazon get goods to you in increasingly cheap ways. But the logistics industry may also be driving down standards of living, according to a report out today by Jason Rowe of the Kennedy School of Government at Harvard University, in partnership with New Labor, a workers rights group.

BEIJING — After months of careful tinkering aimed at slowing China's supercharged economy, Chinese officials may have gotten more than they bargained for: The nation's economic engine is decelerating with alarming speed. Industrial production in April hit its slowest pace in more than three years, while growth in exports sputtered and imports were flat. In response, China's central bank over the weekend said it would ease reserve requirements for the nation's banks. The move frees about $70 billion for lending to stimulate the economy.

The most ambitious federal mortgage program to date aimed at millions of underwater homeowners is poised to take off in the coming two weeks, yet some key issues could hinder borrower participation. One of them involves something most owners know nothing about: Who was your mortgage insurer on your underwater loan? Though it was announced by the Obama administration late last year, "HARP 2.0" — the second version of the Home Affordable Refinance Program — will finally hit full stride around the middle of this month, when Fannie Mae and Freddie Mac finish tweaking their automated underwriting systems to accept applications, and lenders and mortgage insurance companies start handling large volumes of requests.

If you give millions of seriously underwater homeowners a new equity position in their properties by reducing their principal mortgage debt, will they keep paying on their loans and avoid foreclosure? Call it a pipe dream or a significant model for other lenders and investors, but one company says it has found an important combination: Modify underwater borrowers' loans so that their payments are reduced to a manageable amount and cut their principal debt over time, but make the deal dependent on their scrupulous on-time monthly payments of the new amount plus sharing of a portion of any future profit they make on the house sale.

LegalZoom.com Inc., an online provider of legal services for consumers and small businesses, has filed to raise as much as $120 million in an initial public offering. The Glendale company was founded in 1999 and offers self-help legal documents such as divorce and bankruptcy forms, real estate leases, prenuptial agreements and wills. The company has been credited with helping shake up the legal industry by making it simple for people to bypass lawyers. LegalZoom has served about 2 million customers during the last decade, it said in its filing Thursday with the Securities and Exchange Commission.

At the world premiere Thursday night of Anne LeBaron's darkly mysterious, troubling yet weirdly exuberant and wonderfully performed new opera "Crescent City," a young Reveler in the production frolicked a few feet from where I was sitting on a folding chair along the perimeter of the experimental art space, Atwater Crossing. She wore a skirt fashioned out of the Arts & Books section of this newspaper, and she was close enough that I could read a few crumpled lines. But she was hardly there to make me or any other Angeleno feel remotely at home.