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CALIFORNIA | LOCAL
February 19, 2014 | By Martha Groves
The Beverly Hills City Council has joined its Los Angeles counterpart in voting to treat electronic cigarettes as tobacco products and to regulate their sale and use. "Smoking of any kind should be discouraged, especially for teenagers," Beverly Hills Mayor John Mirisch said in a statement. "By taking these steps, the city is sending a strong message to the community that we take the health of our citizens very seriously. " Calling them a potential health risk and a gateway to tobacco, the Los Angeles City Council voted in December to regulate the sales of e-cigarettes and other "vaping" devices.
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NEWS
September 6, 2013 | By Anne Harnagel
Ski season is still months away, but Big Bear is making it easy for  schussers and shredders to plan a winter vacation by putting its bundled lodge-and-lift packages on sale now.   The packages include discounted accommodations at one of Big Bear 's participating lodges, such as the Hillcrest Lodge and Grey Squirrel Resort,  combined with an all-day interchangeable lift ticket good for both Snow Summit and Bear Mountain . Also included...
CALIFORNIA | LOCAL
June 10, 1993
Re "Surrogate Has No Rights to Child, Court Says," May 21: How creative of the California Supreme Court for giving a shot to the ailing California economy. Legalizing surrogacy produces a new cottage industry: growing babies for sale. The fact that the California Assn. of Adoption Agencies and the California State Legislative Task Force to Study Surrogacy concluded that surrogacy was not in the best interest of children didn't seem to carry much weight. When the economy needs a boost, the best interest of the economy will prevail.
BUSINESS
September 19, 2012 | By Andrew Tangel
NEW YORK -- The Madison Square Garden Co. may be a logical bidder for Staples Center, but would not likely win an auction for the sports and entertainment venue, an analyst said. Anschutz Entertainment Group --  which owns Staples Center along with the Kings hockey team and Galaxy soccer team, among other assets -- has been put up for sale by billionaire Philip Anschutz. MSG would be a logical bidder for the teams and the venue, said Laura Martin, an analyst at Needham & Co. Inc. With a market capitalization of $3.1 billion, MSG would be too small to purchase all of AEG, she added.
CALIFORNIA | LOCAL
October 15, 2010 | By Lisa Girion and Scott Glover, Los Angeles Times
The nation's largest pharmacy chain will pay a record fine for illegally selling large amounts of a key methamphetamine ingredient to criminal traffickers, a problem that prosecutors say led to a surge in production of the widely abused drug in California. CVS Pharmacy Inc. agreed to pay a $75-million fine and forfeit $2.6 million in profits on the unlawful sales of pseudoephedrine in California and Nevada in 2007 and 2008, according to federal prosecutors based in Los Angeles. The penalty is the largest for a civil violation of the Controlled Substances Act, a 40-year-old law that is more often aimed at street dealers and narcotics traffickers.
BUSINESS
January 10, 2014 | By Lauren Beale
Tennis champ Venus Williams has listed a home in Hollywood Hills West for sale at $1.799 million. Set beyond a gated driveway, the midcentury post-and-beam house features a foyer, a den, an updated kitchen, three bedrooms and two bathrooms. Tax records show the house has 1,528 square feet of living space. The swimming pool, lawn and deck have canyon views. There are also mountain views from the nearly half-acre site. Williams, 33, is a former Women's Tennis Assn. No. 1-ranked singles player.
BUSINESS
November 18, 2010 | By Tom Petruno, Los Angeles Times
California delayed by one day its sale of $10 billion in short-term notes to update disclosures to buyers of the debt. Treasurer Bill Lockyer said he was forced to amend the offering's disclosure documents because of a lawsuit filed Tuesday challenging the state's plans to sell and lease back 11 office properties. Failure to complete the real estate transaction would widen the state's projected budget gap, a possibility that investors might want to know about. The change in disclosure means that individual investors who placed orders Monday and Tuesday for $5.89 billion of the notes must reconfirm they want them.
BUSINESS
April 27, 2012 | By David Lazarus
A case of tuna fish ... and a case of toilet paper ... and a home loan? Since when has Costco been in the mortgage business? Since last year, it turns out. That's when the Issaquah, Wash.-based discount giant began experimenting with offering home loans to some members via its website. Costco is so pleased with how things turned out that it's rolling out the service to everyone. Auto and student loans will follow soon. It makes sense. Costco has very loyal customers, and they're interested in financial services.
BUSINESS
August 20, 2009 | Bloomberg News
Northrop Grumman Corp. is selling a unit that advises military and intelligence agencies and may fetch as much as $2 billion, four people familiar with the matter said. Northrop hired Goldman Sachs Group Inc. and Credit Suisse Group to solicit bids for the division, known as Tasc, said the people, who spoke on condition of anonymity. Among potential buyers are private-equity firms including Carlyle Group, Kohlberg Kravis Roberts & Co. and Blackstone Group, the people said. The U.S. Defense Department was ordered by Congress this year to tighten conflict-of-interest rules on firms such as Tasc and is pushing to reduce its spending on outside consultants.
NEWS
October 23, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
Luxury cruise line Cunard launched a one-week sale Monday that offers a nice upgrade on selected 2013 trips: a cabin with balcony for the price of an ocean-view room. And some spending money is thrown in too in the form of on-board credit. One example: The classic transatlantic crossing from England to New York in spring aboard the Queen Mary 2 starts at $1,345 per person.  The deal: The Cunard sale applies to transatlantic crossings as well as cruises to the Baltic, the Mediterranean, Scandinavia, Iceland and other destinations.
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