CALIFORNIA | LOCAL
September 16, 2013 |
When the Gavin Herbert Eye Institute opens its doors to the public Tuesday, UC Irvine will become home to Orange County's first academic eye institute. The 70,000-square-foot eye health institute, which is part of UC Irvine Health, includes 34 patient exam rooms with the latest technology and equipment, an outpatient surgery center, an optical shop and optometry services, a Lasik refractive surgery center, faculty offices and teaching spaces, the Daily Pilot reported . "A lot of innovation will originate here, so Orange County residents will have access to that first," said Dr. Roger Steinert, the institute's founding director.
December 1, 1993 |
Time-Warner Stockholders' Lawsuit Revived: A federal appeals court in New York reinstated a shareholder lawsuit over Time Warner Inc.'s method of reducing the $10-billion debt it assumed when Time Inc. and Warner Communications Inc. merged in 1989. A lower court had dismissed the suit as baseless in June, 1992.
February 9, 2007 |
The jockeying to bring the most popular names from TV and the Web to cellphones produced another exclusive deal Thursday with Verizon Wireless nabbing a multiyear agreement to offer ESPN's flashy feed of sports scores, newscasts and video highlights on the tiny screen. The plan to revive Mobile ESPN -- initially born as a full-blown cellphone company that would compete with big players such as Verizon before Burbank-based Walt Disney Co.
August 13, 1999 |
Stater Bros. Inc., which is nearly doubling its presence in Orange County by acquiring 14 Albertson's and Lucky supermarkets, will reopen three of them Saturday. They will be the first to reopen in Orange County under the Stater Bros. name since the Colton-based chain announced the deal in June. The stores were put on the block when Albertson's Inc. sought to gain regulatory approval to acquire Lucky's parent, American Stores Co., in a $9.8-billion deal.
March 16, 2011 |
Once derided as Google's folly, the home of cheesy cat videos and the money-losing stepchild of an otherwise wildly profitable company, YouTube is emerging as a model for the more nimble, faster-paced company that Google co-founder Larry Page hopes to foster as he takes the reins as chief executive. That's quite a shift. Though YouTube was a cultural phenomenon when Google Inc. bought it in 2006, it was bleeding money ? losing nearly half a billion dollars as recently as 2009, by one estimate.
April 17, 2000 |
Linda Kelly earns plenty of frequent-flier mileage traveling to corporate auctions where she bids on such industrial-strength used equipment as Class 100 clean rooms and nitrogen belt furnaces. But as the $100-billion business of disposing of excess corporate assets moves online, the Microsemi Corp. executive plans to spend more time in her Santa Ana office.
October 31, 2011 |
British television producer Mark Burnett turned program financing on its head a decade ago when he brought brands like Doritos and Mountain Dew as sponsors into the expensive, prime-time reality series "Survivor," helping to defray costs. "Survivor" is considered a watershed in paid product placements, opening the floodgates to a projected $2.75 billion in spending this year on such shows as "The Tonight Show With Jay Leno," WWE's "Monday Night Raw," "American Idol" and "Celebrity Apprentice.
May 10, 1988 |
Mohasco Corp., a carpet and furniture maker, agreed on Monday to be taken over by MHS Holding Corp., an investment group, for about $489 million in cash and debt securities. Fairfax, Va.-based Mohasco had been up for sale since February, when Nortek Inc. announced it owned 7% of the company's 13.39 million shares and was considering an all-cash takeover offer. Analysts said Monday's offer of $36.50 a share from the newly formed MHS Holding Corp.