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What do you think about increases in parking fines and traffic tickets, plus more red light cameras?
Los Angeles Business news
  That's OK. Just obey the law.
  No. Higher fines and increased enforcement are becoming too costly for too many people.
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Shamrock Claims Victory in Board Vote

Shamrock Holdings, the Disney family investment firm, won three seats on the board of directors of one of the nation's biggest cement makers Thursday, according to Shamrock's preliminary tally.

Although the official results won't be released until next week, Shamrock executives said the early returns showed that their company won the seats on Texas Industries Inc.'s nine-member board by a 4-1 ratio. The vote took place at Texas Industries' annual shareholders meeting Thursday in Dallas.

The Burbank-based investment firm, known for shareholder activism, started snapping up Texas Industries' shares in September 2008, when the housing market was a shambles and the cement maker's stock began to plummet. The Dallas-based cement producer is the largest in Texas and has a major presence in California with two major plants in Oro Grande, near Victorville, and Riverside.

Read the full Los Angeles Times story.


  February 8 - 14, 2010
LA Business News
Convention-al Appeal
New downtown hotels and a bustling L.A. Live scene are hailed as big convention business boosters.
Owner Back in the Saddle at Santa Anita Race Track
A deal with creditors will allow owner Frank Stronach to hold on to the reins of Santa Anita Park.
Unions Dropping Anchor in Long Beach?
The Port of Long Beach’s use of project labor agreements may maroon nonunion contractors.
Local Latinos Make Chinese Connection
A contingent of Latino officials from L.A. cities overcame culture clash on a recent trip to China.
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