July 1, 2006 |
Susette Kelo, who lent her name to a lawsuit that ignited a firestorm around the practice of eminent domain, will not lose her Connecticut home to a wrecking ball, as she had feared when the U.S. Supreme Court ruled that the city of New London could build homes, offices and hotels in her neighborhood. Under an agreement announced Friday, Kelo's quaint, peach-colored house will be moved to another location.
June 7, 2006 |
In an effort to draw shoppers back to Gap, the retailer said Tuesday that it would spiff up its stores, reorganize the merchandise and beef up its advertising this fall. As part of the makeover, the company hopes to get more "freshness and newness" into stores more often, said Cynthia Harriss, president of San Francisco-based Gap Inc.'s namesake division. Industry analysts say the changes couldn't come too soon for the stores that have been in a sales slump.
May 29, 2006 |
When Charles Schwab took the stage at his company's annual shareholder meeting last year, he acknowledged that the firm he founded had "lost touch with our heritage" as the nation's pioneer in discount stock trading. No such statements were needed when he addressed shareholders at the gathering this month. The company's stock Friday was trading at $16.85 up 49% from where it stood the year before. Its first-quarter earnings report showed a 68% jump from a year earlier.
May 5, 2006 |
Attorney Ron Bamberger's old friend named a horse after him -- Lawyer Ron, he called the steed -- then died and left Bamberger as executor of his estate. On Thursday, two days before the Kentucky Derby, the real Lawyer Ron made what amounted to a bet against his namesake and sold a partial interest in the horse, one of the favorites in the 132nd Run for the Roses.
April 11, 2006 |
William Lyon went on the offensive Monday, bumping up his bid to buy the shares of William Lyon Homes Inc. that he doesn't already own to $100 a share from $93 originally offered last month. The sweetened bid may be enough to finally allow Lyon, the company's chairman and chief executive, to take the Newport Beach-based home builder private. A committee of outside directors recommended Monday that shareholders accept the latest offer, after having told Lyon 10 days earlier to improve his bid.
March 24, 2006 |
To exuberant bursts of music by Zoltan Kodaly, waves of CalArts dancers cross and recross a rehearsal studio under the watchful eye of Carla Maxwell, artistic director of the Jose Limon Dance Company. Maxwell is looking for students to join the troupe for three weeks to prepare for a revival of Limon's 1958 "Missa Brevis," this weekend at the Ahmanson Theatre. The company has 13 dancers; the piece requires 22. Maxwell isn't necessarily looking for a perfect Limon dancer.
CALIFORNIA | LOCAL
March 22, 2006 |
In plazas, markets and government buildings throughout Mexico, statues and busts of Benito Juarez are ubiquitous, as are his famous words: "Between individuals, as between nations, respect for the rights of others is peace." On Tuesday, the beloved former president was honored in his native state of Oaxaca and throughout Mexico, on what would have been his 200th birthday. It is a national holiday every year -- not unlike Feb. 12, when Abraham Lincoln is remembered in the United States.
March 18, 2006 |
The general hasn't given up the fight. On Friday, for the second time in a year, the founder and chief executive of William Lyon Homes made an unsolicited offer to take the Newport Beach-based real estate developer private. William Lyon, who served as a pilot in the Korean War and later commanded the Air Force Reserve, offered to buy the 51% of the company he doesn't already own for $93 a share. The news sent the shares soaring $23.30, or 31%, to $99.
CALIFORNIA | LOCAL
February 24, 2006 |
When two mighty ships named Queen Mary saluted each other Thursday in Long Beach harbor, the buzz was all about big numbers: two of the largest ocean liners ever built, more than 6,000 fans watching eagerly from shore, 800 sailboats and yachts hovering nearby, 14 media helicopters and even three blimps.
CALIFORNIA | LOCAL
February 22, 2006 |
Two of the world's most famous ocean liners will meet for the first time Thursday in the Port of Long Beach in an event expected to draw hundreds of former passengers, ship buffs and other curious onlookers. The Queen Mary 2, the world's largest passenger ship, is scheduled to pull near its namesake, the retired 1936-vintage Queen Mary, now a hotel and museum at the port.