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BUSINESS
August 4, 2011
Service businesses such as restaurants, hotels and financial companies experienced their weakest growth in 17 months in July. A report Wednesday from the Institute for Supply Management confirms other data that show the U.S. economy is struggling two years after the recession officially ended. The trade group of purchasing executives said its index for service companies fell to 52.7 from 53.3 in June. Any reading above 50 indicates expansion. The ISM index reached a five-year high of 59.7 in February, but has fallen since.
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CALIFORNIA | LOCAL
March 13, 2014 | By Dan Weikel
An airline services company at Los Angeles International Airport has won a court victory in a longstanding battle with a labor union fighting to regain its representation of the firm's workers. Aviation Safeguards announced Thursday that U.S. District Judge Stephen Wilson threw out a lawsuit filed in July 2012 by several company workers and United Service Workers West, a local of the Service Employees International Union. The case accused company managers of coercing their employees' choice of union representation before a majority of workers voted to terminate an SEIU contract in December 2011.
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BUSINESS
April 27, 1993
Companies ranked by total revenue. 1992 Sales/Revenue % Change Rank Company ($ Millions) From 1991 1 Safeway Inc. 15,151.9 0 2 McKesson Corp. 11,493.3 18 3 Pacific Gas & Electric 10,296.1 5 4 Pacific Telesis Group 9,935.0 0 5 SCE Corp. 7,983.6 6 6 Walt Disney Co. 7,979.1 21 7 Price Co. 7,642.4 8 8 Fluor Corp. 6,846.8 5 9 Vons Cos. 5,595.5 5 10 Bergen Brunswig Corp. 5,499.3 24 11 Transamerica Corp. 4,987.8 8 12 Consolidated Freightways 4,055.6 -1 13 National Medical Enterprises 3,844.
BUSINESS
December 16, 2013 | By Stuart Pfeifer
You've probably never heard of Reliance Steel & Aluminum Co. And that's a little bit frustrating to David Hannah, who has guided the Los Angeles company to staggering growth since he was named its chief executive 14 years ago. "It seems in Southern California if you aren't in media or entertainment, you don't get noticed," he said. Reliance's business model isn't exactly sexy. The metal service center company buys bulk metal from steel mills, processes it and sells it to machine shops and other businesses.
WORLD
September 15, 2012 | By Mark Magnier, Los Angeles Times
NEW DELHI - After months of criticism over policy malaise, the Indian government on Friday announced a series of bold economic reforms allowing significant foreign investment in the retail, aviation and broadcasting sectors. The moves, aimed at invigorating the economy, would allow investment from abroad of up to 51% in supermarkets and chain stores such as Wal-Mart, up to 49% in aviation, up to 71% in broadcasting and up to 49% in parts of the electrical power industry. In addition, New Delhi announced plans to sell its stake in several public service companies dealing in oil, copper and aluminum.
BUSINESS
March 19, 2012 | By Tiffany Hsu
The restaurant industry's royal line of succession has shifted, with Wendy's usurping Burger King as the second-largest sales-getter behind McDonald's. In its annual ranking of U.S. restaurants, r esearch group Technomic Inc. placed McDonald's - with its 5.5% boost to $34.2 billion in annual sales - first among the 500 largest eatery chains in the country. Next came Subway, which grew 7.5% over the year and then Starbuck's, whose sales spiked the same percentage. Wendy's placed fourth, with $8.5 billion in sales, followed by Burger King's $8.4 billion.
BUSINESS
May 5, 2012
After Spanish, the top languages requested for interpretation in the U.S. in the last year were Arabic, Mandarin and Vietnamese, according to a study by Language Line Services, one of the world's largest interpreting service companies. The Monterey company identified the top languages by tracking the growth of its over-the-phone requests for interpretation in the first three months of 2012, compared with the same period in 2011. The company offers interpreting services for more than 170 languages.
TRAVEL
April 21, 2013 | By Catharine Hamm
In the April 14 On the Spot column ["She Can't Wait for Her Next Passport"], reader Lisa Kim Davis of West Los Angeles expressed her concern about having her passport at the ready. Called away for business travel, often at a moment's notice, she couldn't risk having that document out of her control for the four to six weeks that regular passport processing would take. Further, a passport with less than six months until its expiration could present a problem in some countries that insist on a document that has at least three and sometimes six months until it's out of date.
BUSINESS
January 10, 2013 | By Hugo Martin
California-based Language Line Services, one of the nation's largest interpreting service companies, has agreed to buy one of its competitors for an undisclosed amount. Language Line, which employs nearly 6,000 interpreters to translate over the phone for banks, police departments, hospitals and others, has agreed to buy Dallas-based Pacific Interpreters, which specializes in translating for the healthcare industry. Language Line declined to say how much it is paying private equity firm Sterling Partners to take ownership of Pacific Interpreters.
BUSINESS
January 13, 2011 | By Richard Verrier, Los Angeles Times
The Los Angeles city attorney's office has charged the operators of two local talent service companies with violating the state's talent scam prevention law. The charges mark the latest crackdown on talent management and services companies by the office, which has been on a campaign to ferret out abusive practices by firms that purport to help actors find jobs. David Askaryar, 46, operator of Burbank-based Hollywood Stars Management Inc. and VIP Talent Web Inc., was charged with 16 criminal counts, including charging advance fees for actors, not posting a $50,000 bond with the state labor commissioner and failing to provide artists with written contracts with required disclosures.
TRAVEL
April 21, 2013 | By Catharine Hamm
In the April 14 On the Spot column ["She Can't Wait for Her Next Passport"], reader Lisa Kim Davis of West Los Angeles expressed her concern about having her passport at the ready. Called away for business travel, often at a moment's notice, she couldn't risk having that document out of her control for the four to six weeks that regular passport processing would take. Further, a passport with less than six months until its expiration could present a problem in some countries that insist on a document that has at least three and sometimes six months until it's out of date.
BUSINESS
January 10, 2013 | By Hugo Martin
California-based Language Line Services, one of the nation's largest interpreting service companies, has agreed to buy one of its competitors for an undisclosed amount. Language Line, which employs nearly 6,000 interpreters to translate over the phone for banks, police departments, hospitals and others, has agreed to buy Dallas-based Pacific Interpreters, which specializes in translating for the healthcare industry. Language Line declined to say how much it is paying private equity firm Sterling Partners to take ownership of Pacific Interpreters.
BUSINESS
September 21, 2012 | By Jim Puzzanghera, Los Angeles Times
WASHINGTON — Former Minnesota Gov. Tim Pawlenty, a onetime Republican presidential candidate who was considered a finalist to be Mitt Romney's running mate, has been named the head of a leading bank lobbying group. Pawlenty, 51, will be the new chief executive of the Financial Services Roundtable, a Washington organization that represents 100 of the largest banking and financial services companies in the country. Among its members are Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. A veteran politician, Pawlenty is poised to become a leading voice for an industry whose reputation has been hit hard by the financial crisis.
WORLD
September 15, 2012 | By Mark Magnier, Los Angeles Times
NEW DELHI - After months of criticism over policy malaise, the Indian government on Friday announced a series of bold economic reforms allowing significant foreign investment in the retail, aviation and broadcasting sectors. The moves, aimed at invigorating the economy, would allow investment from abroad of up to 51% in supermarkets and chain stores such as Wal-Mart, up to 49% in aviation, up to 71% in broadcasting and up to 49% in parts of the electrical power industry. In addition, New Delhi announced plans to sell its stake in several public service companies dealing in oil, copper and aluminum.
BUSINESS
May 5, 2012
After Spanish, the top languages requested for interpretation in the U.S. in the last year were Arabic, Mandarin and Vietnamese, according to a study by Language Line Services, one of the world's largest interpreting service companies. The Monterey company identified the top languages by tracking the growth of its over-the-phone requests for interpretation in the first three months of 2012, compared with the same period in 2011. The company offers interpreting services for more than 170 languages.
BUSINESS
March 19, 2012 | By Tiffany Hsu
The restaurant industry's royal line of succession has shifted, with Wendy's usurping Burger King as the second-largest sales-getter behind McDonald's. In its annual ranking of U.S. restaurants, r esearch group Technomic Inc. placed McDonald's - with its 5.5% boost to $34.2 billion in annual sales - first among the 500 largest eatery chains in the country. Next came Subway, which grew 7.5% over the year and then Starbuck's, whose sales spiked the same percentage. Wendy's placed fourth, with $8.5 billion in sales, followed by Burger King's $8.4 billion.
CALIFORNIA | LOCAL
March 13, 2014 | By Dan Weikel
An airline services company at Los Angeles International Airport has won a court victory in a longstanding battle with a labor union fighting to regain its representation of the firm's workers. Aviation Safeguards announced Thursday that U.S. District Judge Stephen Wilson threw out a lawsuit filed in July 2012 by several company workers and United Service Workers West, a local of the Service Employees International Union. The case accused company managers of coercing their employees' choice of union representation before a majority of workers voted to terminate an SEIU contract in December 2011.
BUSINESS
November 12, 2011 | By Ben Fritz and Steven Zeitchik, Los Angeles Times
As production on the comedy "21 and Over" was getting underway in Seattle this summer, the cast and filmmakers received surprising news from producer Ryan Kavanaugh. Although the movie is about a group of students out for a night of partying in a U.S. college town, additional scenes would have to be shot, and set, in China. Why? Kavanaugh's Relativity Media could grab significant new money by making "21 and Over" a Chinese co-production, said a person close to the movie who requested anonymity because the discussions were private.
CALIFORNIA | LOCAL
October 4, 2011 | By Dennis McLellan, Los Angeles Times
He was the founder and chairman of the board of Calabasas-based ValleyCrest Landscape Cos., the nation's largest landscape services company, whose projects have included the gardens at the Getty Center and the rooftop community garden at Walt Disney Concert Hall. But Burton S. Sperber preferred being called the "head gardener. " Sperber, a Malibu resident whose lifelong love of magic rivaled his passion for horticulture, died Friday of complications from surgery at St. John's Health Center in Santa Monica, said company spokesman Dennis Kaiser.
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