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Recent and archived news stories on: Accounting, Advertising, Consulting, Jobs, Food, Insurance, Law, Printing, Public Relations, Security...
Bean Counters Pull Up Roots
REAL ESTATE: KPMG to ditch its tower for new digs.
Accounting firm KPMG does a number on namesake downtown tower by moving closer to L.A. Live.
Gores Group Acquires Canadian Outsourcing Business
Gores Group said that it will acquire three outsourcing services units from Toronto’s Davis + Henderson Corp.
Lower Korn/Ferry Profit Better Than Expected
Korn/Ferry International on Wednesday beat analyst’s estimates for the third fiscal quarter, even as net income fell from the same period a year earlier.
Mercury Sues Insurance Commissioner
Mercury General Corp.’s insurance unit has filed a lawsuit against state Insurance Commissioner Dave Jones, challenging his order of an 8 percent rate decrease for the company’s 270,000 homeowner policyholders in the state.
ILFC Buys 16 Boeings
Aircraft leasing company International Lease Finance Corp. announced that it had agreed to purchase and lease 16 Boeing jet aircraft to American Airlines.
Short Order
Eateries, bars tap cities’ speedier permit procedures
Cities across the county try to add speed to the menu when approving permits for restaurants and bars.
Amgen Loses U.S. Supreme Court Case on Class Actions
The U.S. Supreme Court on Wednesday ruled against Amgen Inc. in a case that could make it easier for shareholders to bring class-action lawsuits against companies in the future.
Smaller Quarterly Loss for Edison
Edison International reported a small fourth quarter loss as the Rosemead electrical utility decided to unload its struggling coal-fired power plant unit.
Cheesecake Sales Fall Due to Sandy
Shares for Cheesecake Factory Inc. closed down 1 percent Wednesday after the casual dining chain reported that sales fell in the fourth quarter due to superstorm Sandy.
Coelho, Packard Partners in New PR/Lobbying Firm
A public relations and lobbying firm opens this week in Century City with two former California congressmen as founding partners.
Ad Pioneer Sees Online Opening
Internet: Rubicon fights larger rivals to stake out turf.
Rubicon Project refuses to think small as it looks to find room in an ad field dominated by giant rivals.
ReachLocal Loss Narrows
ReachLocal Inc. reported growth in revenue and a narrower net loss for both its fourth quarter and full-year 2012, citing the success of its continued international expansion and new mobile products.
Storm, Car Accidents Cut Mercury to the Quick
INSURANCE: Hurricane Sandy, rising auto claims feed fourth-quarter loss.
Rise in expense of car collisions helps crash Mercury’s fourth quarter earnings.
Steel-Aluminum Distributor Irons Out Acquisition
METALS: Reliance pays $1.2 billion to purchase Florida competitor.
Reliance hammers out $1.2 billion deal for rival, and more acquisitions are expected.
Aecom’s Quarter Better Than Expected
Shares of Aecom Technology Corp. rose nearly 8 percent on Tuesday after the company reported lower fiscal first quarter revenue and profit that beat Wall Street expectations.
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