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.
October 6, 2011 |
Actor Ethan Suplee has listed a Studio City house for sale at $2,295,000. Formerly Jane Fonda's residence, according to listing details, the country English-style home of 3,787 square feet was built in the early 1950s. It sits on nearly an acre of wooded grounds with a detached office/guesthouse, a gym and a swimming pool. There are three fireplaces, seven bedrooms and three bathrooms. Suplee, 35, appeared in the action-adventure film "Unstoppable" (2010) and starred in "My Name Is Earl" (2005-09)
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.
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.
April 27, 2012 |
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.
HOME & GARDEN
August 13, 2010 |
The longtime winter residence of Oscar-winning screenwriter Nancy Dowd has come on the market at $1,995,000 on the Caribbean island of St. Lucia. Called Belmont, the 7-acre nature reserve overlooks Castries Harbor. The West Indies Creole-style house, built in 1895, includes four bedrooms and two bathrooms. Dowd wrote "Slap Shot" (1977), in which she also appeared, and "Coming Home" (1978), for which she won an Academy Award for best original screenplay. She was a writer on "Saturday Night Live" in 1980 and '81. Crosby Doe of Crosby Doe Associates, Beverly Hills, has the listing.
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.
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 |
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.
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.