November 18, 2010 |
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.
CALIFORNIA | LOCAL
February 19, 2014 |
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.
January 10, 2014 |
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.
October 23, 2012 |
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.
September 19, 2012 |
The Los Angeles sports landscape was rattled Tuesday by news that the Anschutz Co. has put its AEG sports and entertainment empire up for sale. AEG owns stakes in the Staples Center, Kings, L.A. Galaxy and the Lakers in addition to being the driving force behind plans to bring the NFL back to Los Angeles with a proposed downtown stadium. So how will AEG's sale affect the Los Angeles sports scene? Times staff writers Bill Shaikin and Sam Farmer will tackle that question and many others in a Google+ Hangout scheduled to go live at 4 p.m. Pacific time.
September 19, 2012 |
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.
August 20, 2009 |
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.
January 18, 2013 |
Matt Bomer, who stars as the charming rascal Neil Caffrey on USA Network's "White Collar," is the inspiration behind a menswear collection that is to go on sale on gilt.com on Tuesday -- coinciding with the launch of the final six episodes of the series' sixth season. The "Caffrey Collection" was designed in collaboration with bespoke tailors Alton Lane. It includes bespoke suit packages ($2,000-$2,995), a three-shirt package ($425), ties, bowties and pocket squares ($29-$69). The sale, which will also include items from other menswear lines, is scheduled to begin on gilt.com at 9 a.m. (Pacific)
February 22, 2013 |
Hotel discounter Jetsetter has put a bunch of top New York City hotels on sale this spring. For example, rooms at the Thompson LES start at $195 a night, but not for very long. The deal: Jetsetter's New York on Sale offers a pretty low rate for this Lower East Side hotel that's close to the East Village and Soho. Check the Jetsetter online booking calendar to see the discount rates and receive another 10% off at checkout by using the promotion code "JET2NYC. " Note that this deal doesn't involve a voucher; the date you reserve is the date you get. When: The offer is good through Tuesday, for stays through April 15, based on availability.
CALIFORNIA | LOCAL
January 14, 2010 |
Gov. Arnold Schwarzenegger's much-ballyhooed plan to ease the state budget crisis by selling off landmark properties is facing a surprisingly tough first test in Orange County, a place where public officials regularly talk up free markets and privatization of government. A rare bipartisan wave is rising to block the governor's proposed sale of the beloved Orange County Fairgrounds, including conservative politicians who at first backed their Republican governor but are now urging him to call off today's auction and keep the land in public hands.