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BUSINESS
March 14, 1989
St. Ives Laboratories said its earnings more than tripled to $421,000 in the fourth quarter that ended Dec. 31 from a year earlier, although the profit was boosted by income from investments and a lower tax rate. Sales climbed 8% in the quarter to $22.9 million. The Chatsworth maker of hair care products said it earned $4.5 million in 1988, up 10% from 1987. Sales increased 18% in the year to $103.9 million.
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BUSINESS
November 2, 2007 | From Times Wire Reports
Gemstar-TV Guide International Inc. said third-quarter profit rose sevenfold because of a tax benefit as sales climbed 7.1%. Net income increased to $123.2 million, or 29 cents a share, from $17.5 million, or 4 cents, a year earlier, the Los Angeles company said. The results included a $111.4-million tax benefit. Sales rose 7.1% to $159.6 million. The company put itself up for sale in July at the behest of Rupert Murdoch's News Corp., which has a 41% stake. Gemstar shares fell 29 cents to
OPINION
March 22, 2009 | Nicholas Goldberg, Nicholas Goldberg is the deputy editor of The Times' editorial pages.
It is one of the many oddities of California law that in order to pass a state budget or raise taxes, the Legislature must win two-thirds approval in both houses. This unusual "supermajority" rule is a big part of the reason the Legislature has missed the legal deadline for a new state budget in 16 of the last 20 years, and why gridlock so often seems to rule the day in Sacramento.
SPORTS
March 13, 2001 | TIM BROWN
Laker guard Kobe Bryant, stricken by a viral infection, called in sick for a third consecutive day, missing Monday's practice in El Segundo. He is questionable for tonight's game against the Boston Celtics. Bryant has sat out one game, Sunday night's overtime loss to the Seattle SuperSonics. Meantime, he continued to experience the same symptoms, including abdominal cramping and a general malaise. A Laker official who spoke to Bryant on Monday morning said he "sounded awful."
CALIFORNIA | LOCAL
June 7, 1997 | DEBRA CANO
A $670-million city budget that would include funds to add 10 positions and $500,000 to improve neighborhoods could win approval Tuesday. The spending plan reflects five goals that the City Council set: to ensure public safety, build the economy, enhance neighborhoods, maximize assets and maintain infrastructure.
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