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  November 23 - 29, 2009
Read ALL the Stories in the Weekly Edition
Depth Charge
The boom in 3-D film making has filled out the schedules at Hollywood production houses.
Capital Ideas at L.A. Institutions
East West and Cathay have capital ideas on how to score Chinese-American customers.
$300 Blue Jeans Prove a Stretch
Cost-conscious consumers force high-end denim jeans to take a seat.
New Course for Microwaves?
A local firm’s temperature-determining microchip is changing the microwave business by degrees.
Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal

Updated: 11/23/2009 10:16:34 AM

Edison Gets One OK for Transmission From Solar Plant
Southern California Edison has received approval from the California Public Utilities Commission for a transmission line that will deliver more solar-powered electricity to Southern California.

Jobless Rate Rises Again
L.A. County’s unemployment rate jumped in October to another record high of 12.8 percent as the county’s manufacturing, construction and hospitality sector took a hit.

Hanmi to Sell Stock
Under pressure from regulators to raise capital, Hanmi Financial Corp. filed a shelf registration to raise up to $200 million.

Shareholders Approve Hi-Shear Merger
Aerospace company Hi-Shear Technology Corp. said that its shareholders had approved its acquisition by a British company in a deal valued at $132 million.

Northrop Wins Air Force, National Guard Contracts
Northrop Grumman Corp. said it won a $303 million contract to build five unmanned aircraft systems for the U.S. Air Force. The Los Angeles defense contractor also was awarded a $50 million U.S. National Guard training contract.

Podcast: Highlights from the L.A. Business Journal
Easy access to the Los Angeles Business Journal podcast is available from a link at the upper right corner of the home page. Click the standing link there, or here, to hear Editor Charles Crumpley provide highlights from the Nov. 23 edition.

More Latest Local News...

"Black Friday" Deals May Not Signal Retail Comeback (Reuters)
'New Moon' Bites Off $140.7 Million at Box Office (Variety)
Sources: Bay Area Electric Carmaker Tesla Preparing IPO (Reuters)
More Americans Expected to Travel for Thanksgiving (AP)
Will Oprah's Move to Cable Dampen the 'Oprah Effect'? (AdAge)
Economics 101, by Way of a Chinese Toy Hamster (AP)
 
Report: Downtown Targeting Target
Though no deal has been signed, there are advanced talks to bring the retailer Target to 7+Fig, which lost its Macy's earlier this year.
Candy Spelling Stands Firm on $150 Million Asking Price
The widow of TV producer Aaron Spelling can afford to be patient for someone to make an offer on her 56,500-square-foot Holmby Hills mansion.
Burkle Acquires Large Stake in Barneys Debt
Ronald Burkle has become a significant investor in Barneys New York in recent months, with his Yucaipa Cos. buying a chunk of the struggling luxury retailer's debt, according to a news report.
 
   

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