A chunk of Howard Hughes’ Los Angeles is on the block: the cavernous hangar where the aviation mogul built his infamous Spruce Goose aircraft that flew only once – for about one minute – in 1947.
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A gaping hole in the foundation of the Internet can allow malicious hackers to launch new attacks on corporate systems as well as individual computer users, a leading technology security researcher said Wednesday.
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Business |
12:00AM, August 7
NEW YORK – Freddie Mac today posted a second-quarter loss that was more than three-times larger than Wall Street expected as a huge number of borrowers with good credit fell behind on their exotic and risky mortgages.
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Business |
12:00AM, August 7
NEW YORK – Stocks declined today, a day after a big rally, as troubled mortgage financier Freddie Mac reported a larger-than-expected second-quarter loss and touched off fresh concerns about the financial sector.
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Business |
12:00AM, August 7
With one food-preference survey, China’s Olympic athletes accomplished something the California Strawberry Commission and Gov.
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Someday, Disney hopes its princes will come.
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An Anaheim hospital that treats a large share of poor patients in the region has been slapped with dozens of citations by two independent sets of regulators for inadequate staffing and poor medical care.
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Business |
12:00AM, August 7
DUBAI, United Arab Emirates – The government-controlled developer of palm-shaped islands off Dubai’s coast and a related investment arm said Wednesday they have bought a 20 percent stake in international circus touring company Cirque du Soleil.
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Business |
12:00AM, August 7
Business |
By Swati P and Ey |
12:00AM, August 7
Declines in revenue and operating income at Time Warner Inc.’s struggling
AOL division crimped the media giant’s results in the second quarter, despite strong gains in cable television and a solid performance at its movie studio.
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Seeking to shore up its finances, federal regulators have ordered Vineyard National Bank of Corona to stop accepting so-called hot-money deposits that are considered too risky for the money-losing bank.
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As Mexico wrestles with soaring inflation and interest rates, falling oil production and shrinking remittances, or money sent home by Mexicans working in the
U.S., President Felipe Calderon on Wednesday announced a shake-up at the Economic Ministry
Secretary of the Economy Eduardo Sojo is being replaced by Gerardo Ruiz Mateo, Calderon’s former chief of staff and a close political ally.
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Amid rising concern about the company’s outlook, General Motors Corp.
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Business |
12:00AM, August 7
The Internal Revenue Service said Wednesday that it was prepared to offer settlements to some 45 corporations if they agreed to end questionable tax shelter practices.
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In China, Baidu is the powerhouse, the “it” girl, the search engine to beat.
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Pacific Health Corp., the Tustin-based hospital chain that owns troubled Anaheim General Hospital, is seeking to expand its regional footprint – but not without controversy.
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A federal judge this afternoon ordered a man deemed the “primary suspect” in the stabbing death last week of his estranged wife to be held without bail pending his trial in a federal case involving his business.
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California | Local |
By Mike Anton |
12:00AM, August 7
A mountain lion attacked a hiker in Whiting Ranch Wilderness Park early today after he went to pet one of the cougar’s three cubs, Orange County authorities said.
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