Los Angeles Business Journal

Charter to Buy Time Warner Cable

Charter Communications Inc. is poised to become the largest pay-TV provider in Southern California. That is, if it’s successful in its attempt to buy Time Warner Cable in a deal that’s expected to be announced Tuesday, the Los Angeles Times reports. And the deal could allow more viewers to watch Los Angeles Dodgers games.

More Taxes?

Gov. Jerry Brown has held a tight grip on the state's budget, but now some unions and grass-roots organizations are hoping to change that with a series of tax-related proposals, including extending higher taxes, the Los Angeles Times reports.

PennySaver Shuts Down

The advertising newsletter PennySaver USA has abruptly shut its doors without explanation, leaving hundreds of employees without jobs, the Los Angeles Times reports.

Georgia on Hollywood's Mind

Georgia Governor Nathan Deal wants to keep his state on Hollywood's mind and aimed to do just that by throwing a party recently in Hollywood for producers and studio executives, the Los Angeles Times reports.

Redwoods Biting the Dust

People are not the only ones hurt by the drought. Redwood trees in Southern California are also suffering with many of them dying as a result, the Los Angeles Daily News reports.

Taco Bell, Pizza Hut Scrapping Artificial Ingredients

No more Yellow Dye No. 8 in my nachos? Taco Bell and Pizza Hut are just saying no to artificial ingredients as the two have announced they will become the latest chains to give the ingredients the boot, the Associated Press reports.

Hopes to Ditch Hook-up Rep

When you think Tinder, do you think of a hook up? If so, the company now wants to change all that by expanding the app into a go-to social network, CNBC reports.

High-Jumping Skechers

It may be happening under the radar, but Skechers USA Inc.'s stock has jumped 89 percent this year, making the Manhattan Beach shoe company the third-best performer in the S&P 1500 index, CNBC reports.

Edging Out the Competition

If a stadium plan is approved by the NFL, the city of Carson may have an edge when it comes to securing financing: Goldman Sachs Group Inc., the Los Angeles Times reports.

Sewage Water on Tap?

Could sewage be turned into drinking water to help combat the drought? Some California environmentalists hope so as they are urging adoption of a water recycling policy known as direct potable reuse, the Los Angeles Times reports.

How Do You Spell Relief?

Good news for local property owners who have waited, in some cases, up to three years for their tax bills to be appealed. They may now get relief, thanks to a new budget proposal, the Los Angeles Daily News reports.

Box Office: 'Tomorrowland' Weekend Hit

"Tomorrowland," a futuristic fantasy movie starring George Clooney, dominated a slow weekend box office, taking in $41.7 million from its debut in the United States and Canada, the Los Angeles Times reports. "Pitch Perfect 2," which continued its extraordinary box office run by grossing $38.5 million, took the No. 2 spot, beating out a pair of big-budget movies: "Mad Max: Fury Road" and Marvel's "Avengers: Age of Ultron."

Stocks Down

The Dow Jones industrial average was down 124 points in early trading Tuesday to 18,108. The S&P 500 was down 14 points to 2,111. The Nasdaq was down 46 points to 5,044. The LABJ Stock Index was down two points to 232.

Rams Not Returning – Yet

The NFL is not preparing to announce that the St. Louis Rams are moving back to Los Angeles despite reports to the contrary, the Daily Breeze reports.

Paper Deal Done

The deal made by Tribune Publishing, the owner of the Los Angeles Times, to buy U-T San Diego for $85 million is now complete, the Los Angeles Times reports.

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