March 17, 2014 |
Chesapeake Energy Corp. said it plans to spin off its oil field services division into a separate publicly traded company. The news came weeks after the the oil and natural gas producer said it was pursuing strategic alternatives for the division, including a possible sale. The Oklahoma City company, which is the second-largest producer of natural gas in the U.S., has been moving to cut costs after a year of upheaval that included the ouster of Chief Executive Aubrey McClendon.
CALIFORNIA | LOCAL
March 8, 2014 |
Sarah Palin has smartly forsaken a career in politics for a career in political entertainment. Unburdened by the rules that keep serious politicians tethered to serious messages, her task was to toss red meat to a ravenously appreciative conservative crowd Saturday at the closing session of the American Conservative Union's annual CPAC conference. By my count, her speech got more standing ovations than the one delivered Friday by CPAC favorite Sen. Rand Paul (R-Ky.), who won the CPAC presidential straw poll.
February 28, 2014 |
A full-throttle Whitefire Theatre revival revs “The Trip Back Down” up for a new spin, but unfortunately doesn't restore John Bishop's dated 1975 NASCAR-themed drama to street-legal status. Nick Stabile is stock car driver Bobby Horvath, whose career has hit the skids after a stellar debut on the racing circuit, Though he had dreamed of escaping his blue-collar origins, he's returned to his Mansfield, Ohio, hometown, disillusioned and running on fumes. Stabile's appropriately brooding, hunky presence exudes weariness with the life of fast cars and faster women that unfolds in flashbacks and video projections, but the repetitive script limits his portrayal to a single note.
February 22, 2014 |
Elizabeth LeCompte was walking past a New York gallery window when sculptures by Dutch artist Folkert de Jong caught her eye. "They were so ugly and scary and beautiful at the same time," recalls the director of the Wooster Group. "It was what I always want for my work to be. " LeCompte invited De Jong to create pieces for her experimental troupe. His costumes, set elements and props will be seen in "CRY, TROJANS! (Troilus & Cressida)," a retelling of Shakespeare's Trojan War saga, which begins its world-premiere run Feb. 27 at REDCAT.
February 17, 2014 |
No one can accuse the people at the CW of not giving its audience what they think it wants. "Star-Crossed," which premieres Monday and might easily be reverse-engineered from its title alone - it's "Romeo and Juliet," with aliens - adds another story of cross-cultural, interspecies romance to the network of "Beauty and the Beast" and "The Vampire Diaries" (and "Hart of Dixie," for that matter). For a certain sort of moony viewer, there is no love so true as the impossible love that is meant to be. Created by Meredith Averill (formerly a story editor at "The Good Wife")
February 14, 2014 |
Occidental Petroleum is ending a nearly century-long run as a storied Los Angeles energy company and moving its headquarters to Houston as part of a corporate overhaul. The nation's fourth-largest oil firm also announced plans Friday to spin off its California assets into a separate publicly traded company based in the Southland. Occidental will continue to employ about 8,000 employees and contractors in the state. The company's split signals the end of an era for Occidental, which was founded in 1920 and led for many years by oil industry legend Armand Hammer.