Business Archives - Page 25 of 56

Sunday, March 23, 2014

By Fronnie Lewis Sunday, March 23, 2014

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Around the Southland: Celebrity mansion listed for $50 million

It was supposed to be their dream home, but now NFL star, Tom Brady, and his wife supermodel, Gisele Bundchen, have put their custom designed Brentwood estate up for sale. The asking price: $50 million, according to Trulia.com . The celebrity couple spent years supervising the work on the European style country estate, which sits on nearly four acres and […]

Friday, March 21, 2014

By Fronnie Lewis Friday, March 21, 2014

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Twitter celebrates 8th birthday — who has the most followers?

Twitter is singing a birthday song today. In 2006, on this day the first tweet was sent out using 140 characters or less. Eight years later, millions of tweets, sometimes with images, photos, and videos, are sent out daily. Twitter has become a juggernaut — difficult to control — hard to ban. Turkey Prime Minister, Recep Tayyip Erdogan, became irate at the […]

Friday, March 21, 2014

By Fronnie Lewis Friday, March 21, 2014

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Starbucks offering booze in some stores

You make soon be dropping into your favorite Starbucks for more than a cup of Joe. After promoting itself as a great place to buy coffee, the chain is now working on being your favorite happy hours place as well. As part of a new Starbucks Evenings program, some of its outlets are offering wine and beer along with a speciality […]

Thursday, March 20, 2014

By Fronnie Lewis Thursday, March 20, 2014

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Heads up: Burbank meeting, contest, and Nickelodeon project

Caltrans officials are hosting a special community meeting this evening to update the public on the 1-5 highway and Empire construction project in Burbank. The improvements include: Adding carpool lanes between Magnolia Blvd. and Buena Vista St. Constructing a new interchange at I-5 and Empire Ave. Reconstructing the Burbank Blvd. overcrossing and realigning ramps Elevating the railroad at Buena Vista […]

Wednesday, March 19, 2014

Photo: FLLewis/Mediacityg -- Tom Huber owner of Otto's European Import & Deli 2320 West Clark Avenue Burbank 91506 March 19, 2014

By Fronnie Lewis Wednesday, March 19, 2014

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No jackpot winner, but Burbank store still lucky

The $400 million Mega Millions jackpot is history. Two lottery ticket players in last night’s draw will split the money pot. For the first time, Florida has a Mega Millions jackpot winner, and the other player bought the winning ticket in Maryland. The hot numbers: 11, 19, 24, 33, 51, and the Mega Ball 7. California was not completely shut […]

Wednesday, March 19, 2014

By Fronnie Lewis Wednesday, March 19, 2014

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Toyota agrees to pay $1.2 billion fine in criminal fraud case

A major setback for Toyota, one of the world’s most respected and trusted automakers. Today the U.S. Justice Department announced the Japanese automaker had agreed to pay a $1.2 billion fine in order to avoid a criminal fraud charge. This is the largest fine ever against an automaker. The criminal charge stems from an investigation into the sticky gas pedal/floor […]

Tuesday, March 18, 2014

By Fronnie Lewis Tuesday, March 18, 2014

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Viacom and Google settle legal battle over YouTube

Viacom and Google have agreed to bury the hatchet, ending a seven-year landmark legal battle over YouTube. The companies announced today they had agreed to settle Viacom’s $1 billion dollar copyright infringement against Google out of court. Google has fought the case vigorously and one official says it has cost the search engine giant $100 million. Viacom filed the lawsuit […]

Friday, March 14, 2014

By Fronnie Lewis Friday, March 14, 2014

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Time Warner in trouble with city of Los Angeles and Dodger fans

Time Warner Cable is in deep, deep trouble in the Southland. Today L.A. City Attorney, Mike Feuer, announced the filing of a multi-million-lawsuit against the area’s largest cable provider. The suit alleges the cable giant has “stiffed” the city of Los Angeles $10 million in franchise fees at a time when it was raking in billions from its customers. “That money […]

Thursday, March 13, 2014

By Fronnie Lewis Thursday, March 13, 2014

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Hollywood Deals: March 13, 2014

FilmNation has snatched up the hot spec script, “Aether,” and putting it on the fast track. Not much is being released about the screenplay, but FilmNation is crowing about the acquisition. “I’m astounded by the level of talent and inventiveness we’ve come across from such a young voice,” said FilmNation production president, Aaron Ryder, on Deadline. “We’re terribly excited to produce […]