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February 8 - 14, 2010

Read ALL the Stories in the Weekly Edition

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.

Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal

Updated: 2/9/2010 10:00:07 AM

Aecom Quarter Better Than Expected
Aecom Technology Corp. on Tuesday said growth in its management support services segment contributed to fiscal first quarter earnings that were slightly better than Wall Street expected, although revenue was less.

Calavo Expands Into Salsa Business
Avocado products producer Calavo Growers Inc. said Tuesday that it had acquired a majority interest in a Minnesota fresh salsa company in order to expand into the salsa market.

Motorcar Parts Reverses Quarterly Loss
Motorcar Parts of America Inc. said it moved to a profit in its third quarter. The company attributed its turnaround to new customers, higher gross profit and a stronger balance sheet.

Update: BreitBurn Reaches Settlement With Quicksilver
BreitBurn Energy Partners L.P. said that all litigation with Quicksilver Resources Inc. had been settled. As part of the settlement, BreitBurn’s two founders will step down from the board but retain top management roles.

Update: Hanmi To Explore Strategic Alternatives
Hanmi Financial Corp. said that its board authorized management to explore a broad range of strategic alternatives for its struggling Koreatown bank.

Mercury Reports Profit
Mercury General Corp. said it turned to a profit in the fourth quarter as the home and auto insurer paid out less in claims than it took in premiums.

County’s Median Home Price Falls in January
A dip in January’s median sales price has raised concerns about the real estate market’s recovery.

More Latest Local News...

'Future of Work' Predicts Jobs and Home Life Will Merge More (USA Today)

Michael Jackson's Doctor Charged in Singer's Death (Reuters)

Rep. John Murtha, Fefense Appropriations Chair, Dies at 77 (W Post)

In Super Bowl Commercials, the Nostalgia Bowl (NYT)

Can the U.S. Government Require You to Get An IRA? (W Post)

Grim Risks of Reaping Death's Rewards (WSJ)

Lions Gate May Pounce on Miramax
Lions Gate Entertainment Corp. intends to submit an "aggressive" offer for Miramax even as it advances to the second round of bidding for MGM, according to sources.

Fandango to Expand L.A. Headquarters
Fandango Inc., one of the nation's leading movie ticketing websites, is planning to nearly double the size of its Westside headquarters.

Lifetime CEO Andrea Wong to Step Down
Andrea Wong, the chief executive of Lifetime Networks who spent three years making over the once-frumpy cable network into a showcase for splashy shows, is stepping down before her contract expires in April.

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