Business | Michael Hiltzik | January 19, 2009
The Redeemed Sinner in our popular culture is a mirror-image of the Fallen Saint; each inspires the suspicion that his transformation is never quite complete -- just as the latter's halo can never be entirely sullied by waywardness, the former's sin can never be totally expiated.
California | Local | William Heisel | February 4, 2008
In the latest setback in the construction of Orange County's Great Park, demolition crews that were supposed to tear up 600 acres of runways at the former El Toro Marine Corps base have gone home with little work completed.
Business | December 4, 2007
Lennar Corp. has sold land in eight states to Morgan Stanley Real Estate at about 40 cents on the dollar, giving the home builder a $525-million influx of cash as it continues to pare down inventory in the face of the housing crisis.
California | Local | Tony Barboza | September 22, 2007
The housing market slump appears to be taking a toll on two signature Orange County projects -- the efforts to create a vibrant downtown near Anaheim's sports venues and the much-anticipated plan to build a mammoth urban park on the old Marine base in Irvine.
Business | March 28, 2007
Lennar Corp., the largest U.S. home builder by revenue, said Tuesday that earnings plummeted 73% during its fiscal first quarter as the worst housing slump in more than a decade scared away potential buyers.
California | Local | David Reyes | March 21, 2007
When the work crews started pulling down the old buildings and barracks at the closed El Toro Marine base, they expected to find old appliances, faucets and hardware that, if they were lucky, might be worth salvaging.
Business | January 18, 2007
Lennar Corp., one of the nation's biggest home builders, reported a fourth-quarter loss Wednesday compared with a large profit a year ago, but the company's stock rose as it discussed 2007 earnings-per-share goals that, if reached, would surpass analysts' expectations.
