BUSINESS
October 7, 2012 | By Roger Vincent
Accounting firm PricewaterhouseCoopers has agreed to move its downtown Los Angeles offices in a 15-year deal with landlord Brookfield Office Properties Inc. As part of its agreement to rent six floors -- about 135,000 square feet -- the firm will have its PwC logo attached to the top of the 53-story building at 601 S. Figueroa St. About 1,450 employees will move to the new offices in May from 350 S. Grand Ave. The new quarters will have less...
BUSINESS
July 1, 2011 | By Ronald D. White, Los Angeles Times
As warehouses go, there are few like Skechers USA Inc.'s new 1.82-million-square-foot distribution center. This warehouse is so big that it takes half a minute to drive from one end to the other at 60 miles per hour. The setup is so advanced that human hands will hardly touch the cargo as it is unpacked, categorized, stacked and prepared for delivery. The building is so green that it uses prevailing winds for ventilation instead of air conditioning. For its new North American operations warehouse, the nation's No. 2 footwear company chose the Inland Empire's Moreno Valley.
BUSINESS
December 20, 2006 | Alana Semuels, Times Staff Writer
Hoping not to go bust again, intimate-apparel retailer Frederick's of Hollywood said Tuesday that it had agreed to be acquired by New York apparel maker Movie Star Inc. for about $34.4 million in stock. Executives of the two companies said the deal would help Frederick's tap into growing consumer demand for unconventional underwear. Movie Star plans to offer $20 million in new shares to its current shareholders.
BUSINESS
December 5, 1995 | DAN MARGOLIS, SPECIAL TO THE TIMES
Graphix Zone Inc., a multimedia company known for its aggressive pursuit of top show business talent, announced Monday that it intends to merge with a San Francisco-based CD-ROM producer through an exchange of stock valued at $39 million. The merger will bring together Graphix Zone, a developer of music and other entertainment CD-ROMs, and StarPress, a leading developer of reference CD-ROMs. StarPress Inc.
NEWS
March 25, 2011 | By Andrew Zajac, Washington Bureau
It's not often a tobacco company gets released from government regulation without asking. But that's apparently what happened to Star Scientific Inc. after it asked the Food and Drug Administration to treat two versions of its smokeless, dissolvable tobacco lozenges as "modified risk" because they contain lower levels of carcinogens than other tobacco products. The FDA responded that the products aren't considered smokeless tobacco at all and don't come under the 2009 tobacco law, according to a Star Scientific announcement on Wednesday.
BUSINESS
August 21, 2012 | By Alex Pham, Los Angeles Times
Tom Byron used to spend a couple of hours each day playing games on Facebook, attending to his virtual diners in "Restaurant City" and waging war against the Raven in "Empires & Allies. " "I'd check into these games every chance I got," said the 50-year-old marketing executive in San Rafael, Calif., who played four or more Facebook games at a time. "Now I spend most of my game time on my iPhone. It's just more convenient to be able to grab my phone. " It's not just players such as Byron who have wandered away from Facebook.