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BUSINESS
May 30, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
Attempting to gain an edge against the competition, seven Orange County hospitals have begun jointly marketing their services to insurance companies, managed-care organizations and self-insured employers. After more than a year of organizing efforts, the seven hospitals, including UCI Medical Center, have appointed a representative to negotiate rates and other terms with potential clients.
ARTICLES BY DATE
BUSINESS
July 14, 2005 | From Dow Jones/Associated Press
Former Secretary of State Colin L. Powell has joined one of Silicon Valley's best-known venture capital firms. Kleiner Perkins Caufield & Byers on Wednesday said Powell joined the firm this month as a strategic limited partner, a position created for him. Powell will offer strategic advice to the firm and its portfolio companies, said John Doerr, a general partner at the Menlo Park, Calif., venture firm.
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BUSINESS
March 10, 1989 | BRUCE KEPPEL, Times Staff Writer
In a move to expand its presence in the emerging international telecommunications market, US Sprint Communications said Thursday that it will buy half of a new transatlantic cable and enter into a marketing alliance with the cable's builder, Britain's venerable Cable & Wireless. The deal will extend Sprint's all-optical-fiber network to Europe once the cable begins operation this summer. It will link the United States and Britain, with spurs running to Bermuda and Ireland.
BUSINESS
July 7, 2005 | Sallie Hofmeister and Terril Yue Jones, Times Staff Writers
Chip maker Intel Corp. and an entertainment firm co-founded by actor Morgan Freeman said Wednesday that they had formed a digital entertainment company aimed at delivering first-run movies to consumers via the Internet. The partnership, called ClickStar Inc., will enable users to download films legally from the Web for a fee, before they are released on DVD and possibly while they are still in theaters.
BUSINESS
March 14, 1989 | From Reuters
James D. Wolfensohn Inc., the investment bank that landed former Federal Reserve Chairman Paul A. Volcker as a consultant when he left the Fed, said Monday that it has joined with another powerful partner, Japan's Fuji Bank, to advise Japanese and U.S. companies on mergers. The new firm, Fuji-Wolfensohn International, will be a joint venture launched with initial investment capital of $55 million, $52.5 million of it from Fuji, the world's second-largest bank with assets of $345 billion.
BUSINESS
June 28, 1989 | DOUGLAS FRANTZ, Times Staff Writer
Wells Fargo is teaming up with Nikko Securities to form a high-tech investment management firm that will attempt to crack the huge Japanese capital markets. Under an agreement announced Tuesday, the San Francisco banking company will receive $125 million from Nikko to provide the partnership with the computer-based expertise that has made Wells Fargo the largest U.S. money manager. Nikko, one of Japan's four big securities houses, will provide Wells Fargo with access to Japanese clients along with the up-front money.
BUSINESS
October 4, 1988
Raebarn Corp., a Sherman Oaks merchant banking firm, said it has formed a company with an investment partnership headed by Texas billionaire Robert M. Bass to buy Alvey Inc., a St. Louis company that makes systems to help efficiently stack cartons on pallets. Frederick Ulrich, chairman of Raebarn, said the investors paid $22 million for the stock, which was held by James M. Schloeman. Ulrich said the group raised another $4 million to invest in the business.
BUSINESS
January 19, 2005 | From Bloomberg News
Bill Joy, former chief scientist and co-founder of Sun Microsystems Inc., confirmed Tuesday that he had joined Kleiner Perkins Caufield & Byers as a partner to help invest the venture capital firm's $400-million fund. Joy said in an interview that he would work with entrepreneurs on Web services and software, wireless applications, supercomputing and materials to make mainstream energy devices more efficient. A UC Berkeley graduate, Joy helped develop the Java programming language.
BUSINESS
April 8, 2004 | David Colker, Times Staff Writer
Electronic Arts Inc. announced Wednesday that President John S. Riccitiello was leaving the world's largest video game publisher to join a new venture capital firm. Riccitiello, 45, joined the company as president in 1997 and also held the position of chief operating officer. EA Chairman Larry Probst will take over Riccitiello's duties until a replacement is found. Riccitiello could not be reached for comment, but EA spokesman Jeff Brown called the departure "entirely voluntary."
BUSINESS
July 14, 2005 | From Dow Jones/Associated Press
Former Secretary of State Colin L. Powell has joined one of Silicon Valley's best-known venture capital firms. Kleiner Perkins Caufield & Byers on Wednesday said Powell joined the firm this month as a strategic limited partner, a position created for him. Powell will offer strategic advice to the firm and its portfolio companies, said John Doerr, a general partner at the Menlo Park, Calif., venture firm.
BUSINESS
January 19, 2005 | From Bloomberg News
Bill Joy, former chief scientist and co-founder of Sun Microsystems Inc., confirmed Tuesday that he had joined Kleiner Perkins Caufield & Byers as a partner to help invest the venture capital firm's $400-million fund. Joy said in an interview that he would work with entrepreneurs on Web services and software, wireless applications, supercomputing and materials to make mainstream energy devices more efficient. A UC Berkeley graduate, Joy helped develop the Java programming language.
BUSINESS
April 8, 2004 | David Colker, Times Staff Writer
Electronic Arts Inc. announced Wednesday that President John S. Riccitiello was leaving the world's largest video game publisher to join a new venture capital firm. Riccitiello, 45, joined the company as president in 1997 and also held the position of chief operating officer. EA Chairman Larry Probst will take over Riccitiello's duties until a replacement is found. Riccitiello could not be reached for comment, but EA spokesman Jeff Brown called the departure "entirely voluntary."
BUSINESS
April 25, 2000 | CLAUDIA ELLER, TIMES STAFF WRITER
Onetime Walt Disney Studios top business executive Rob Moore has been hired by his former Disney boss, Joe Roth, to run Roth's new entertainment venture. The widely anticipated move makes Moore, a 13-year Disney veteran, the head of day-to-day operations for Roth's yet-to-be-named Santa Monica company. In addition to focusing on movie production, Moore will be looking for various business opportunities and overseeing the start-up company's Internet strategies.
OPINION
January 23, 2000 | Joel Kotkin, Joel Kotkin, a contributing editor to Opinion, is a senior fellow at the Pepperdine Institute of Public Policy and a research fellow at the Reason Foundation
For most of the digitally driven 1990s, Southern California was perceived as a second-tier player. Venture-capital funds, hot IPOs and start-ups proliferated in the Bay Area and other cybercenters, while Los Angeles seemed hopelessly antiquated, struggling with its internal social rifts and the precipitous decline of its signature aerospace industry. But at the dawn of the new century, the region is back on the cutting edge of technological change.
SPORTS
May 9, 1999 | T.J. SIMERS, TIMES STAFF WRITER
Retired Denver Bronco quarterback John Elway, looking to stay involved in football and showing an interest in bringing the NFL back to the Coliseum, will meet with Eli Broad on Thursday in Los Angeles to discuss joining Broad's venture. "It's clear John's interests are to be involved in the day-to-day operation of a football team, whether it's Denver, Los Angeles or someplace else in the future," said Marvin Demoff, Elway's Los Angeles-based attorney.
BUSINESS
March 21, 1998 | Times Wire Services
Occidental Petroleum Corp. said it will add its petrochemical business to a joint venture between Lyondell Petrochemical Co. and Millennium Chemicals Inc. The agreement creates one of the world's largest makers of ethylene, the chemical most widely used to make plastics, and derivatives used in products ranging from antifreeze to electronic equipment. The combined company, called Equistar, will have assets valued at $7 billion and about $6 billion in annual revenue.
BUSINESS
May 20, 1997 | Dow Jones
CKE Restaurants Inc. is teaming up with Evans Systems Inc. to build a co-branded Diamond Mini Mart with a combination Hardee's Restaurant, convenience store and gas station in Bay City, Texas. Evans said construction of the 4,000-square-foot, 36-seat, drive-through facility is scheduled to begin late May. CKE, parent company of the Carl's Jr. chain, announced late last month that it plans to acquire Hardee's fast-food chain. Evans Systems is a wholesaler and retailer.
BUSINESS
March 21, 1998 | Times Wire Services
Occidental Petroleum Corp. said it will add its petrochemical business to a joint venture between Lyondell Petrochemical Co. and Millennium Chemicals Inc. The agreement creates one of the world's largest makers of ethylene, the chemical most widely used to make plastics, and derivatives used in products ranging from antifreeze to electronic equipment. The combined company, called Equistar, will have assets valued at $7 billion and about $6 billion in annual revenue.
BUSINESS
October 21, 1997 | Reuters
Cadence Design Systems Inc. said Joe Costello resigned as chief executive of the computer chip engineering firm to join Knowledge Universe, an educational technology company partly owned by former junk-bond financier Michael Milken. Costello, 43, who has received much of the credit for building Cadence into a chip-design software powerhouse, will be replaced, effective immediately, by Jack Harding, 42, the former CEO of a company Cadence acquired earlier this year.
BUSINESS
May 20, 1997 | Dow Jones
CKE Restaurants Inc. is teaming up with Evans Systems Inc. to build a co-branded Diamond Mini Mart with a combination Hardee's Restaurant, convenience store and gas station in Bay City, Texas. Evans said construction of the 4,000-square-foot, 36-seat, drive-through facility is scheduled to begin late May. CKE, parent company of the Carl's Jr. chain, announced late last month that it plans to acquire Hardee's fast-food chain. Evans Systems is a wholesaler and retailer.
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