April 9, 2013 |
In a bizarre twist of fate, the Kardashians are weighing in on Amanda Bynes' latest shenanigans. The reality TV family - mom Kris Jenner and Kourtney, Kim and Khloe Kardashian - took over E!'s late-night reality show "Chelsea Lately" Monday ahead of the June 2 premiere of "Keeping Up With the Kardashians. They set about to discuss the latest celebrity headlines, including those about themselves and the former Nickelodeon star. The sisters opened the show, and Jenner spearheaded Chelsea Handler's signature round-table banter, with her daughters sitting in instead of comedians.
March 28, 2013 |
Is Los Angeles' Museum of Contemporary Art all-in when it comes to its own independence? The question arises from a recent comment by museum director Jeffrey Deitch in the New York Post. MOCA this week announced the launch of "MOCA Independence," a campaign to ensure its autonomy and financial security by boosting its endowment to $100 million. PHOTOS: Arts and culture in pictures by The Times The Post reported that it asked Deitch whether that meant MOCA “was basically telling [the Los Angeles County Museum of Art]
March 26, 2013 |
Could Michael Dell lose it all? With a bidding war now underway for Dell, efforts by its founder to regain control of the once-mighty computer maker could be backfiring. Dell announced Monday that it had received two competing offers - one from a group led by private equity firm Blackstone Group and the other from activist investor Carl Icahn. The rival bids came after investors slammed Michael Dell's $24.4-billion buyout plan, saying it undervalued the company. If one of the competing offers is accepted, it could be a blow to Chief Executive Michael Dell, who last month announced a deal to take the company private in the biggest leveraged buyout since the Great Recession.
March 15, 2013 |
Michael Govan came to the Los Angeles County Museum of Art seven years ago with a mission to make it one of the most prestigious institutions in the country, one worth mentioning alongside New York City's Metropolitan Museum of Art and Museum of Modern Art. Now he's trying to seize an opportunity to gain ground on them in a single stroke. Govan and LACMA's trustees have proposed a takeover of L.A.'s financially adrift Museum of Contemporary Art and its crown jewels: a 6,000-piece collection that's one of the world's most admired troves of post-World War II art. But Govan has an imposing rival in billionaire Eli Broad, L.A.'s eminence grise of art philanthropy.
March 5, 2013 |
Michigan's Republican governor, Rick Snyder, took the unprecedented step last week of announcing that he considers Detroit's elected leaders incapable of fixing the city's fiscal problems, and so he will appoint an emergency financial manager with sweeping authority. That's a flawed approach. The problem in Detroit is not the people in charge (though some Detroit leaders have certainly failed the city). The real problem is the broader structure of government in the region. And therein lies a lesson for other urban areas and, perhaps, a template for avoiding what befell the Motor City.
March 1, 2013 |
Richard Schulze, Best Buy Co.'s largest shareholder, missed his window this week to attempt a takeover of the electronics retailer. But if its fourth quarter financials are any indication, the struggling company may not need him. Best Buy, beleaguered by several quarters of slipping earnings, narrowed its loss to $409 million, or $1.21 a share, from a loss of $1.82 billion, or $5.17 a share during the same period a year earlier. During the quarter, which ended Feb. 2, revenue was mostly flat at $16.7 billion.