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BUSINESS
February 12, 2012 | By Stephen Glassman and Donie Vanitzian
Question: My homeowner association board hired attorneys to rewrite the bylaws, which as a result are now longer and more complex and incomprehensible than our CC&Rs. No homeowners voted on these changes. We didn't even know changes took place until a year later when the document was circulated. This year I noticed a section in the new bylaws: "Approval of IRS Resolution. The board may approve an IRS Resolution that any excess income for the current year shall be applied to the next fiscal year, as provided by IRS Revenue Ruling 70-604.
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SPORTS
October 21, 2011 | By Lance Pugmire, Mike Bresnahan and Broderick Turner
Thirty men, 30 opinions. The NBA owners presiding over the league's increasingly bitter lockout of players aren't united behind the idea that it's better to lose an entire season rather than accept a bad labor deal. For now, however, the hawks outnumber the more conciliatory owners, such as the Lakers' Jerry Buss, the New York Knicks' James Dolan, the Miami Heat's Micky Arison and the Dallas Mavericks' Mark Cuban. Billy Hunter, executive director of the players' union, said those four want to make a deal.
SPORTS
April 6, 2013 | By Tim Hubbard
Fantasy owners may build their teams around superstars like Mike Trout and Clayton Kershaw, but success often lies in the performance of an unknown commodity. From a minor leaguer about to show off his tools at the next level, to a career backup who finally gets everyday playing time, players ignored on draft day often wind up in pivotal roles. Times staff writer Tim Hubbard takes a weekly look at players, teams and trends that are constantly evolving over baseball's regular season: TIME TO STEAL Matt Harvey SP | New York Mets The 24-year-old right-hander has the ability to anchor a staff for years.
SPORTS
June 11, 1998 | From Associated Press
Tom Hicks, who owns more than 400 radio stations and the NHL's Dallas Stars, became the owner of the Texas Rangers Wednesday night. By a 30-0 vote at their meetings in Seattle, major league owners approved the sale of the Rangers to the 52-year-old media mogul for $250 million. The vote followed one made earlier Wednesday by baseball's ownership committee. "I'm delighted," interim commissioner Bud Selig and owner of the Milwaukee Brewers, said.
HOME & GARDEN
September 10, 2010 | By Lauren Beale, Los Angeles Time
A walled and gated Encino estate that has been home to actors Al Jolson, Kirstie Alley, Katey Sagal and Charlie Sheen at various times has come back on the market at $6.95 million. Updated in keeping with its architectural history, the 1934 traditional residence has Venetian plaster walls, vaulted beamed ceilings, marble and wood floors, custom cabinetry and woodwork, and marble counters. A formal dining room, a butler's pantry, an office/library, a gym, a wine cellar, a media room, den, two bars, seven bedrooms, seven full bathrooms and two half-baths lie within 8,522 square feet of living space.
SPORTS
July 14, 2010 | By Sam Farmer and David Wharton
To many team owners and sports executives outside of baseball, George Steinbrenner was more than the top man at the New York Yankees. He was the quintessential New York model. "He turned the Yankees into the New York Yankees Corporation," said Eddie DeBartolo, a close friend of Steinbrenner's and former owner of the San Francisco 49ers. "He put them in a place beyond anybody's reachability. It transcended baseball." Steinbrenner, who died Tuesday of a heart attack, headed a small group of investors who bought the struggling Yankees from CBS in 1973 for roughly $10 million.
SPORTS
December 19, 2011 | By Bill Shaikin
Frank McCourt's sales pitch landed on the desks of prospective Dodgers bidders Monday, and the ideas on how to make money from the team included this one: Raise ticket prices. Not in precisely those words, of course. However, the so-called "bid book" advised prospective owners that the Dodgers' average ticket price last season ranked 10th in the major leagues, even though the team played in the second-largest market in the majors. The Dodgers have cut ticket prices for next season, after posting their lowest attendance in a non-strike season since 1992.
BUSINESS
April 2, 2012 | By Deborah Netburn
There has been a flurry of griping about the new iPad online, but how do people who bought the new iPad feel about it? You might sum it up like this: Love the iPad, don't like the price. In a new study released Monday, ChangeWave Research found that 82% of people who bought the new iPad say they are "very satisfied" with the tablet, and 16% say they are "somewhat satisfied. " As for the number of people who are "very unsatisfied"? That would be zero. ChangeWave surveyed 200 new owners of the iPad to find out how they felt about their purchase and their key likes and dislikes.
BUSINESS
March 29, 2012 | By Nathan Olivarez-Giles
Apple's " antennagate " is finally coming to an end, with $15 going to each qualifying iPhone 4 owner who claims a share in a class-action lawsuit over the fourth-generation iPhone's infamous antenna problems. The settlement terms, announced Thursday with the launch of a website , will issue $15 in cash to owners of the iPhone 4 "who have experienced antenna or reception issues," "been unable to return their iPhone 4 without incurring any costs" and "been unwilling to use a case or free bumper for their iPhone 4. " Apple has been giving away free "bumper" cases to iPhone 4 owners since July 2010 , after consumers complained that the phone could lose its cellular signal if held certain ways.
SPORTS
August 17, 2012 | wire reports
In a quick vote Thursday, Major League Baseball owners approved the sale of the Padres to a group that includes Kevin and Brian O'Malley , sons of former Dodgers owner Peter O'Malley . Commissioner Bud Selig announced the endorsement after the end of the owners meetings in Denver. Under the deal, the group will buy the franchise from owner John Moores for about $800 million. The sale will close by Aug. 31. Ron Fowler , a businessman in San Diego, will become the executive chairman.
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