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Herbalife CEO confirms discussions with investor Carl Icahn
Herbalife Ltd. Chief Executive Michael Johnson said the company has had "short discussions" with billionaire investor Carl Icahn, who last week disclosed that he had purchased 13% of the company's stock and would consider efforts to take the company...
Tags: Carl Icahn, Herbalife Limited, Mutual Funds
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Bill Ackman says he was silenced in Herbalife conference call
One voice that was not heard during Herbalife Ltd.'s conference call with analysts Wednesday morning was hedge fund manager Bill Ackman, who has accused the company of operating a pyramid scheme and shorted $1 billion of its shares. "We followed the...
Tags: Carl Icahn, Herbalife Limited, Mutual Funds
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Rare Tucker 48 formerly owned by George Lucas headed to auction
Martyn Donaldson leans hard against the hulking 1948 Tucker 48 and rolls it out of his small restoration shop in Pacoima. Although the color on its build sheet is listed as maroon, the midafternoon sun reveals a metallic luster in the showroom quality...
Tags: Car Engine Repair, George Lucas, Francis Ford Coppola, Manufacturing and Engineering, Automotive Equipment
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Edison manipulated costs at San Onofre, complaint alleges
L.A. NOWAn advocacy group filed a complaint Wednesday with the California Public Utilities Commission alleging that Southern California Edison manipulated inflation calculations to recover more money from ratepayers for defective replacement steam generators at... -
New concerns raised about lawyers leaving SEC for private firms
The Securities and Exchange Commission’s revolving door is spinning as feverishly as ever. Lawyers who leave the SEC for private law firms often immediately begin lobbying on behalf of their new corporate clients, frequently trying to weaken...
Tags: Barack Obama, Justice System, Politics, Elections, Finance
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PennyMac, headed by former No. 2 at Countrywide, files for IPO
PennyMac Financial Services Inc., the 5-year-old mortgage company founded by former Countrywide Financial Corp. President Stanford L. Kurland, plans to go public on the New York Stock Exchange. PennyMac, which makes, buys, sells and services...
Tags: Fannie Mae, Mortgages, NYSE Euronext, Inc., Bank of America Corp., Finance
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Nasdaq reportedly in settlement talks over flubbed Facebook IPO
Nasdaq soon may pay a penalty for its flawed handling of Facebook Inc.’s initial public offering. But it may not be paying all that much. The Wall Street Journal reported that Nasdaq is in settlement talks with the Securities and Exchange...
Tags: The Wall Street Journal, Social Media, Stock Market, Media Industry, Financing and Stock Offerings
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Mary Jo White won't be intimidated as SEC chief, Obama says
WASHINGTON -- President Obama nominated Mary Jo White to be the new head of the Securities and Exchange Commission, saying her track record as a hard-nosed prosecutor means she won't be easily intimidated as Wall Street's new top watchdog. "You don't...
Tags: Justice System, Elections, Criminals, Mary Jo White (Pennsylvania politician), Elisse Walter
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Disney's Bob Iger gets pay boost
Robert Iger, chief executive of Walt Disney Co., got a big pay raise last year. Iger, 61, who also serves as chairman of the Burbank-based entertainment company, received total compensation valued at $40.2 million in the last fiscal year, a 20% increase...
Tags: Robert A. Iger, The Walt Disney Co., Pixar Animation, Corporate Officers, ESPN (tv network)
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3 from BP plead not guilty in connection with gulf oil disaster
Two BP employees and a former executive pleaded not guilty Wednesday to a variety of charges, including manslaughter and concealing information from Congress, in connection with the 2010 explosion of the oil drilling rig Deepwater Horizon in the Gulf of...
Tags: Environmental Issues, Emergency Incidents, BP Plc, Justice System, Lotteries
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Obama to nominate former prosecutor to lead SEC
WASHINGTON – President Obama will nominate Mary Jo White, a former prosecutor and one-time director of the Nasdaq stock exchange, to lead the Securities and Exchange Commission, a White House official said Thursday. Obama plans to make the...
Tags: U.S. Consumer Financial Protection Bureau, White House, Barack Obama, Justice System, Politics
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Q&A: Meg Whitman on fixing HP and Autonomy's accounting troubles
Last month, the Los Angeles Times sat down with Meg Whitman, CEO of Hewlett-Packard, to discuss her first 15 months on the job. The story from that interview ran earlier this month. The interview came just a few weeks after HP announced that it had...
Tags: United Kingdom, PayPal, Inc., Meg Whitman, Corporate Officers, Politics
Feb 20, 2013
|Story| Los Angeles Times
Feb 20, 2013
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Feb 14, 2013
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Feb 13, 2013
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Feb 11, 2013
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Feb 8, 2013
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Feb 5, 2013
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Jan 24, 2013
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Jan 18, 2013
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Nov 28, 2012
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Jan 24, 2013
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Jan 17, 2013
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