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San Onofre investigation is postponed
L.A. NOWAs costs of the San Onofre nuclear plant outage continue to mount, the California Public Utilities Commission postponed a decision to open an investigation into the plant’s troubles and the potential impact on ratepayers. The commission had been... -
Man pleads guilty in stock scam linked to Notre Dame hero 'Rudy'
L.A. NOWA Long Beach man faces up to five years in federal prison after admitting his role Tuesday in orchestrating a "pump-and-dump stock scheme" around a sports drink company built around the name of Notre Dame football legend Daniel E. “Rudy”... -
MGM files for possible IPO
Metro-Goldwyn-Mayer, the 88-year-old Hollywood studio that emerged from bankruptcy in late 2010, has filed for a possible public offering of its stock that would allow the former debt holders that are now its owners to start selling their holdings....
Tags: The Hobbit: An Unexpected Journey, Financing and Stock Offerings, 21 Jump Street (movie), The Girl with the Dragon Tattoo (movie), Economy, Business and Finance
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News Corp. buys stake in Chinese film studio
Company TownBEIJING – Twentieth Century Fox parent News Corp. has agreed to acquire a 19.9% stake in Beijing-based Bona Film Group, the latest attempt by Hollywood to cash in on Asia’s biggest movie boom. It also signals the global aspirations of...... -
Facebook IPO: Winklevoss twins could reap big payday
TechnologyCameron and Tyler Winklevoss could have a lot to gain when Facebook begins selling its stock to the public: as much as $300 million.... -
Facebook says Paul Ceglia should be ordered to pay attorney fees
TechnologyFacebook fired back at Paul Ceglia, the New York man who claims he's entitled to half of Mark Zuckerberg's multibillion-dollar stake in the social networking giant, saying he should pay the legal fees its lawyers are requesting. In papers filed in federal... -
Facebook IPO: Mark Zuckerberg's salary falling to $1 in 2013
TechnologyWith Facebook's S-1 filed to the Securities and Exchange Commission for what is set to be a blockbuster IPO in May worth at least $5 billion, Mark Zuckerberg is now firmly sitting among Silicon Valley's top CEOs, if he wasn't already. And, likely with... -
Weekend reading: Full report on SEC's Madoff mess
Money & CompanyNow available on the Securities and Exchange Commission???s website: the full 457-page report by the SEC???s inspector general on how the agency repeatedly failed to detect Bernie Madoff???s 16-year-long Ponzi scheme. One theme of the report, as... -
Jerry Brown joins the credit rating firm pile-on
Money & CompanyIs there an easier target today than the credit-rating firms that helped bring us the subprime mortgage catastrophe? Under siege by Congress, the Securities and Exchange Commission and angry investors, the major rating companies -- Standard & Poor???s,... -
Sid Ganis, David Maisel, other Marvel top brass making millions on Disney acquisition
Company TownWhile it will likely be years before we know if Walt Disney Co.'s deal to buy Marvel Entertainment pays off for Bob Iger and Disney shareholders, several Marvel officers and board members will have to wait only a couple of...... -
SEC a sloth on crime? Not in this case
Money & CompanyThe Securities and Exchange Commission, forever criticized for being too slow to ferret out Wall Street crime, reacted with lightning speed this week to signs of insider trading ahead of a big merger deal. The agency today charged a Texas...... -
Monster Mash: Twist in Warhol theft case; Bill Gates gives $10 million; Frank Stella ID's fake
Culture Monster-- Mysterious: The owner of 11 stolen Andy Warhol paintings said he is choosing to waive the insurance policy that he owns to protect the paintings. (Los Angeles Times) -- Big gift: The Gates Foundation is giving $10 million to......
Aug 2, 2012
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Aug 7, 2012
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Jul 25, 2012
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May 14, 2012
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Feb 2, 2012
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Sep 17, 2009
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Oct 16, 2009
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