Los Angeles Business Journal

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Schwarzenegger to Call Budget Special Session

OTHER NEWS

Gov. Arnold Schwarzenegger will call a budget special session starting Dec. 6 that focuses on resolving the $6.1 billion current-year deficit.

REIT’s CEO Resigns

MPG Office Trust Inc. said that Chief Executive Nelson C. Rising had resigned in a blow to the office landlord as it attempts to recover from the real estate downturn.

CB Richard Ellis Refinances Debt

CB Richard Ellis Group Inc. has arranged for $1.5 billion in new credit, paid back $460 million in debt and refinanced another $650 million.

Disney’s Quarter Misses Forecasts

Walt Disney Co.'s fiscal fourth-quarter earnings fell 7 percent, mainly due to accounting issues.

California Pizza Kitchen Reports Loss

California Pizza Kitchen Inc. said it lost money in its third quarter, hurt by lower sales at established restaurants and some one-time charges.

Activision Says Black Ops First-Day Sales a Record

OTHER NEWS

Activision Blizzard Inc. sold about 5.6 million copies of "Call of Duty: Black Ops" for $360 million on its first day Tuesday, setting a new record for the video game industry.

LAEDC Names 'Business-Friendly' Cities

Alhambra and Cerritos have taken top honors this year for the most business-friendly cities in Los Angeles County, according to the Los Angeles County Economic Development Corp.

Aecom Profit Up

Aecom Technology Corp.’s fourth-quarter earnings rose 25 percent, but the company said the upcoming year might not meet analysts’ forecasts.