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CALIFORNIA | LOCAL
April 16, 2014 | By Frank Shyong
After a months-long battle with the city of Irwindale over complaints about a spicy odor, Sriracha sauce creator David Tran said Wednesday that he is now seriously considering moving his factory to another location. Tran responded Wednesday to the politicians and business leaders from 10 states and multiple cities in California who have offered to host the Sriracha factory. He invited them to tour the facility in Irwindale and decide if their communities would complain about the odors that arise during production.
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BUSINESS
April 14, 2014 | By Salvador Rodriguez
Google has acquired New Mexico-based drone maker Titan Aerospace, the company said on Monday. The Mountain View tech giant did not say how much it paid for the start-up, which specializes in building drones capable of staying in sky for years on end. “Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world," a Google spokesman said. "It's still early days, but atmospheric satellites could help bring Internet access to millions of people, and help solve other problems, including disaster relief and environmental damage like deforestation.
ENTERTAINMENT
April 14, 2014 | By Ryan Faughnder
Relativity Media is hoping to outbid the Walt Disney Co. for the popular YouTube network Maker Studios.  Relativity, a Beverly Hills-based entertainment company, has offered to pay $525 million in cash and stock for the Culver City digital media company, plus as much as $500 million more depending on the financial performance of the company, according to a person familiar with the deal. Relativity has also offered a bonus pool worth $75 million for "key talent and executives," this person said.
ENTERTAINMENT
April 14, 2014 | By Ryan Faughnder
Maker Studios said on Monday that its deal to be acquired by the Walt Disney Co. has already been approved, throwing cold water on a last-minute offer from  Relativity Media  worth up to $1.1 billion.  "As per the announcement made on March 24, Maker Studios has entered into a merger agreement with The Walt Disney Company," a Maker spokesperson said in an emailed statement. "The agreement has been approved by Maker Studios' Board of Directors and the majority of its shareholders and is expected to close in the next few weeks, subject to regulatory approval.
NATIONAL
April 14, 2014 | By Lalita Clozel
WASHINGTON - E-cigarette companies are preying on young consumers by using candy flavors, social media ads and free samples at rock concerts, according to a report released Monday by Democratic legislators. A survey of nine electronic-cigarette companies found most were taking advantage of the lack of federal regulations to launch aggressive marketing campaigns targeting minors with tactics that would be illegal if used for traditional cigarettes, according to a report released by Sen. Richard J. Durbin (D-Ill.)
ENTERTAINMENT
April 11, 2014 | By Susan King
When growing up in Singapore, filmmaker Anthony Chen's family had a maid from the Philippines, a woman he and his two younger brothers called Aunt Terry. But the family had to downsize in 1997 due to the Asian financial crisis, which plummeted the stock market and caused massive unemployment. They had to let Aunt Terry go and she returned to her hometown province of Iloilo in the Philippines. In 2013, Chen's film "Ilo Ilo" based on his childhood experiences was the talk of the Cannes Film Festival.
BUSINESS
April 9, 2014 | By Ricardo Lopez
Manischewitz, the largest maker of matzo and other kosher foods, has been sold to Sankaty Advisors, a division of Bain Capital LLC, for an undisclosed amount, the two firms said Tuesday.  The premium kosher foods company, founded in 1888, is the No. 1 baker of matzo and produces other baked goods, pastas and gefilte fish under brands that include Manischewitz, Mishpacha and Guiltless Gourmet. "This transaction will allow Manischewitz to continue its storied tradition of producing the highest quality kosher products...
BUSINESS
April 7, 2014 | By Ricardo Lopez
Irish pharmaceutical company Mallinckrodt will pay $5.6 billion in cash and stock for Anaheim-based Questcor Pharmaceuticals Inc., a fast-growing bio-pharmaceutical firm that specializes in treating multiple sclerosis, the companies announced Monday. Under the terms of the deal, Questcor shareholders will be paid $30 a share in cash and 0.897 of a share of Mallinckrodt stock for each share of Questcor common stock they own.  If the deal is approved, Mallinckrodt shareholders will own nearly 51% of the combined company; former Questcor shareholders will own the remaining stake.  The merger "will substantially increase the scale, diversification, cash flow and profitability of our business," said Mark Trudeau, Mallinckrodt's chief executive.
NEWS
April 7, 2014 | By Jay Jones
Beautiful - if fleeting - works of art will be sculpted from sand when the the Original Imperial Beach Sandcastle Competition returns July 19 to the San Diego County town. Professional sand sculptors will compete for $17,000 in prize money as they spend five hours on the beach creating their masterpieces as part of the Sun & Sea Festival . The competition will take place from 9 a.m.-2 p.m. During the same time, children can test their skills in the “Kids 'n Kastles” sand castle contest.
CALIFORNIA | LOCAL
April 3, 2014 | By Hannah Fry
Relatives of one of the sailors killed when their boat ran aground during the annual Newport-to-Ensenada yacht race have filed suit against the manufacturer and distributor of the GPS device that was installed in the vessel. Four men were killed in April 2012 when the 37-foot Aegean crashed onto North Coronado Island, just south of the U.S.-Mexico border. The widow of crew member Theo Mavromatis and their three children filed suit in Los Angeles Superior Court against Spot LLC, the Colorado-based company that manufactured the boat's safety alert system, Globalstar.
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