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January 19, 1993 | Associated Press
An investors' group plans to buy as much as $2 billion in bad real estate loans and properties from BankAmerica Corp., a newspaper reported Monday. Morgan Stanley Realty Fund, a partnership of institutional investors, plans to acquire "the vast majority, if not all" of the troubled assets, the Wall Street Journal reported. The sale could give BankAmerica about $1 billion, based on discounts in recent deals for similar groups of loans, the newspaper said.
April 11, 2014 | By Tiffany Hsu
Coldwater Creek Inc., a women's wear retailer with hundreds of stores nationwide, said in bankruptcy filings that it plans to start liquidating the business with deep discounts pegged to Mother's Day. The Sandpoint, Idaho, company, which started with a catalog model in 1984, now has 334 retail stores, 31 outlet locations and seven day spas. California has 27 Coldwater Creek stores -- more than any other state except Texas. In a Chapter 11 filing in federal bankruptcy court in Delaware, Coldwater Creek listed $278.5 million in assets and $361.3 million in debt.
Commercial Center Bank has become Orange County's biggest community bank in spite of a dubious distinction that sets it apart from all other local financial institutions: It has been up for sale longer than many bankers care to remember. Now, though, the Canadian operators of the bank are getting serious about completing a deal this year, and they have hired a Wall Street investment bank to solicit bids, mainly from out-of-state banks. "We have two or three excellent prospects," said C.
April 4, 2014 | By Amina Khan
Scientists have found strong evidence of a watery sea beneath the icy surface of Enceladus, a moon that orbits Saturn and squirts jets of water vapor into one of the planet's rings. The dramatic jets, which emerge from cracks in the moon's surface, have long tantalized scientists looking for signs of liquid water elsewhere in the solar system. Now, using gravitational data from NASA's Cassini spacecraft, the researchers have determined that Enceladus hosts a vast southern sea roughly the size of Lake Superior.
November 26, 1989 | JENNIFER MERIN, Merin is a free-lance writer living in New York City. and
Department stores that gear up with fine goods and special decorations for the Christmas and Hanukkah seasons usually wait until after these holidays to offer their customers price reductions on what's left. This year, an exception is B. Altman & Co. in New York City.
Robert A. Ferrante, a once-flamboyant developer who was acquitted last year of criminal charges in one of the FBI's top-priority bank fraud cases, filed for bankruptcy Monday. Ferrante of Newport Beach listed debts of $24.2 million and assets of only $777,300 in his Chapter 7 filing in U.S. Bankruptcy Court in Santa Ana. A Chapter 7 filing seeks a court-monitored liquidation of assets to pay creditors.
February 13, 1990 | From Associated Press
Trans Ocean Airways, an international air charter service based in New Iberia, has fled for Chapter 7 bankruptcy protection and was ordered to liquidate all its assets. Bankruptcy Judge Donald Boe of Opelousas, La., ordered liquidation after owners of three planes petitioned the court to terminate their contract with Trans Ocean after Trans Ocean allegedly defaulted on lease payments.
Latest Coca-Cola product marketed in Japan: a fiber-rich soft drink. Fibi, reports Food Business Magazine, consists of corn syrup and guar gum fiber, plus flavoring, caramel color and Vitamin C. (If it's a carbonated fiber drink, we don't want to watch it fizz.) Up the Tubes So we've already got squeezable drinks (Squeeze-It) and jellies (Oatmeal Swirlers).
August 13, 2003
Re "State's Coolest Pool?" Aug. 10: I too have toured Hearst Castle in San Simeon and gazed longingly at that gorgeous pool. The state is overlooking a golden opportunity to contribute to its coffers on a voluntary basis. I for one would gladly pay $100 for a "90-minute" dip in the Neptune Pool -- provided it was a classy experience among a reasonable number of "guests," not a throng of hundreds. Why couldn't a few tour times be devoted to "high-end" tours, "the San Simeon experience," including a Neptune session?
September 14, 1997 | MICHAEL QUINTANILLA
Rev up to life in the espresso lane because the first drive-thru Starbucks in Southern California is cruising to Hermosa Beach. The addition of a drive-thru java window at the existing location (Pacific Coast Highway at Aviation Boulevard) is a natural because "it is right on a popular South Bay commuter path," says a Starbucks representative. Construction begins in October with a predicted opening in November--or at least before year's end. Better latte than never.
February 4, 2014 | By Mary Forgione, Los Angeles Times Daily Deal and Travel Blogger
Every flier knows the 3-1-1 drill for carry-on bags, but what about items like duty-free liquor? The Transportation Security Administration has started to allow international passengers with connecting flights to keep duty-free liquids -- more than the allowed 3.4 ounces -- with them on board, according to the TSA's website. The rule, which went into effect last Friday, applies only to passengers returning to the U.S. and international travelers who have connecting flights. For those travelers, liquids that exceed 3.4 ounces will be allowed in carry-on bags as long as they are placed in "secure, tamper-evident bags," the agency's website says.
December 17, 2013 | By Tiffany Hsu
Loehmann's, the Bronx-based discount retailer that has been around for nearly a century, has filed for the third time for bankruptcy protection and plans to shut down its business. In a Chapter 11 filing in federal Bankruptcy Court in Manhattan, the chain said it will sell its assets - which include 39 stores in 11 states and Washington, D.C. - at a Dec. 30 auction. A collective that includes SB Capital Group, Tiger Capital Group and A&G Realty Partners has agreed to put in the first bid, which includes $19 million in cash.
November 10, 2013 | By Hugo Martín
Are you tired of having airport security screeners toss away your bottles of water, shampoo or lotion? Change is on the way in some parts of the world. Battelle, a nonprofit research and development organization in Ohio, has built a screening device that London's Heathrow Airport began installing last week to test liquids carried by passengers onto planes. Heathrow Airport screeners will begin using the device in January, when the European Union will start allowing some liquids, aerosols and gels onto planes under a phased timetable.
September 11, 2013 | By Steve Chawkins
With one stroke, entrepreneur Robert R. Taylor made a fortune, changed the way America washed up and doomed the bathroom soap dish to virtual obsolescence. It was Taylor who turned hand soap from a slippery lump to a dab from a pump. Taylor, who created Softsoap, the first mass-marketed liquid soap pumped from a plastic bottle, died of cancer Aug. 29 in Newport Beach, family members said. He was 77. Softsoap was one of his many successful ventures, which included Obsession, a fragrance he developed with Calvin Klein and promoted in steamy ads that stimulated both sales and controversy.
August 23, 2013 | By Christopher Knight, Los Angeles Times Art Critic
This post has been updated. In the short, high-definition film “Liquid Assets” by Israeli-born, London-based artist Ori Gersht, a rippling gray blob of molten metal that looks rather like mercury rolls into close-up view against a mottled gray field. Slowly it takes the loose shape of a disk. An electronic soundtrack rumbles with foreboding as the disk's animated surface boils like a roiling, storm-tossed sea. Amid the shifting waves, the suggestion of a face in profile looking to the right flickers in and out of view.
May 24, 2013 | By Sean O'Connell
A frosted door, etched "Est 1886," greets visitors who wind past a small, canopied patio behind Pasadena's Raymond restaurant. That door was not there 127 years ago. Nor was the patio. Nor the restaurant. Instead, the year refers to the first incarnation of the famed Raymond Hotel, straddling the hilltop border of Pasadena and South Pasadena and luring wealthy visitors with warm hospitality and warmer winters. Those carefree days of orange-scented glamour are gone, but a little of it remains at Bar 1886, where a small cocktail oasis offers labor-intensive libations and a crowd more resembling the low-lighted haunts of downtown than the sleepy, suburban sidewalks of Pasadena.
June 17, 1999
If you're the type of person who thinks a Jamba Juice is something you drink to wash down your hamburger and fries, then stop reading. The local juice bar is becoming a familiar establishment in many L.A. neighborhoods, and health-conscious Angelenos are opting for blended bananas and protein boosters over ham on rye. But with so many choices, it's easy to end up with some gritty pink slosh that tastes more like flavored toothpaste than a fruit juice smoothie.
September 17, 1997 | DONNA DEANE, Deane is director of The Times Test Kitchen
Fresh carrots cooked with chicken broth until tender and then pureed into a beautiful golden cream soup make for a substantial yet light early autumn soup. There's no need to add butterfat and flour to thicken this soup; the pureed carrots give it just the right consistency. Use low-sodium chicken broth and then add what additional salt might be needed to taste. A sprinkle of cilantro and basil add a nice finish, and if you want some spice, add a few crushed red pepper flakes too.
April 13, 2013 | By S. Irene Virbila, Los Angeles Times
  For anyone who loves a leaner, more elegant style of Chardonnay, this is the one. Liquid Farm proprietors Nikki and Jeff Nelson are going for Chardonnay with less oak influence and lower alcohol. Bingo. That's a recipe for a food-friendly wine, and with the help of winemakers Brandon Sparks-Gillis and John Dragonette of Dragonette Cellars, they're making this terrific Chardonnay from Santa Rita Hills grapes. I love its minerality, the sharp, fresh scent of citrus and, well, grape that comes through loud and clear.
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