Business

Apr 9 2013

Insider trading

LOS ANGELES, Calif. — Trading in shares of Herbalife, a Los Angeles-based nutrition company, was temporarily halted today amid reports that it is about to disclose that KPMG will have to resign as its auditor.

In a related story, shares of shoemaker Skechers USA, symbol SKX, also was halted.

Apr 2 2013

“Leave the park to the public”

LOS ANGELES, Calif. — Fees to film in downtown’s Grand Park will remain $20,000 per day per block for now, as county officials today postponed a decision to temporarily drop or dramatically reduce the charge.

Sarah Walsh of the Motion Picture Association of America said the fee has created “a major disincentive to film in the county of Los Angeles.”

Mar 29 2013

Ventura County set to prosper

LOS ANGELES, Calif. — An ordinance requiring men to wear condoms in porn films shot in Los Angeles County appears to be driving some producers to Ventura County, but it’s not immediately clear if they’ll be welcome.

The city of  Camarillo received several calls last week inquiring about temporary film permits and asking whether it also had a condom ordinance, Assistant City Attorney Don Davis told the Los Angeles Times.

Mar 29 2013

Looking for investors

ANAHEIM, Calif. — Fisker Automotive Inc., a high-end electric car manufacturer now looking for investors, has furloughed employees for a week to conserve cash, it was reported today.

Callers to Fisker's Anaheim office were greeted Thursday with a message advising that the office was closed Friday, March 22, and would remain closed through Sunday, March 31, the Los Angeles Times reported. The furloughs came just two weeks after the company's founder, Henrik Fisker, resigned as
executive chairman amid a management dispute.

Mel and Pearl Shaw  |   OW Contributor
Mar 28 2013

FUNdraising Good Times

Women are role models in so many sectors of our economy, and the nonprofit sector is no exception. In honor of women’s history month we salute women who step up to the challenge of raising money for nonprofit organizations and institutions they believe in. Their leadership and vision impact the lives of individuals, families, communities, regions and our nation as a whole.

Across Black America

Here’s a look at African American people and issues making headlines throughout the country.
 

Alabama
Freeman A. Hrabowski, president of the University of Maryland, Baltimore County, will address the annual African American Business Council luncheon on June 28. Hrabowski, who is chairman of President Barack Obama’s Advisory Commission on Education Excellence for African Americans, has a national reputation for his work studying the performance of minority students in math and science. Hrabowski, named one of the 10 best college presidents in the country by Time magazine, was a child leader in the Civil Rights Movement in Birmingham in the 1960s.
 

Arkansas
The Liberty Counsel filed a motion and a brief in United States District Court for the Eastern District of Arkansas seeking to intervene on behalf of a Concepts of Life crisis pregnancy center to defend against a suit filed by the American Civil Liberties Union and the Center for Reproductive Rights. The groups seek to impose a permanent injunction before the Human Heartbeat Protection Act goes into effect July 18. Liberty Counsel also filed a brief opposing the ACLU’s request for an injunction. The “Heartbeat” bill states that when a woman seeks an abortion at or after the 12th week, doctors must test for a fetal heartbeat before an abortion is performed and inform the pregnant mother that the child in her womb has a heartbeat. If a heartbeat is detected, a woman cannot have an abortion, except in cases of rape, incest, and if a mother’s life is in danger. “As we promised when the legislation was introduced, Liberty Counsel will defend this law without reservation for the people of Arkansas, born and pre-born,” said Matt Staver, founder and chairman of Liberty Counsel. “No right is more foundational than the right to life. Without life, all other rights are irrelevant,” concluded Staver.