And What Will the Dividends Be?
- Share via
MELBOURNE, Australia — Victoria state’s most luxurious brothel, the Daily Planet, is preparing to make an initial public offering of shares to investors, the Age newspaper reported. A listed brothel would be unique in Australia and one of only a handful in the world, the paper said.
The brothel employs 80 sex workers, 14 towel boys and six barmen. Directors said they want to issue about 530 units priced at $5,550 each. The Australia Stock Exchange’s national listing committee said it hasn’t received an application yet.
More From the Los Angeles Times
Podcasts
In this episode, we bring you the update on how an Altadena resident and her neighborhood are coming along, plus a re-run of the two-part series we did on the Poppyfields people back in June.
California once bet big on offshore wind to help power its clean-energy future, but the Trump administration is now paying developers billions to walk away from their projects. As California’s remaining offshore-wind leases hang in the balance, the state is fighting back in court.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
