Los Angeles Business Journal

Saying ‘No’ to Tobacco – at the Ballpark?

Chewing tobacco and baseball have always seemed to go hand in hand, but possibly not for much longer in San Francisco as local officials are considering an ordinance that would ban smokeless tobacco from baseball fields around the city, including AT&T Park where the Giants play, the Los Angeles Times reports.

Roadblock for Comcast

The Federal Communications Commission’s staff is recommending that Comcast’s proposed merger with Time Warner Cable should go to an administrative law judge, a procedural road block that indicates the FCC doesn’t think the deal would be in the public interest, the Wall Street Journal reports.

Last Ditch Effort

As the clock winds down for Greece, the Greek Prime Minister is scheduled to meet with German Chancellor Angela Merkel Thursday to discuss Greece's bailout program one day before the euro zone's finance ministers meet, CNBC reports.

Big Fine

New York State’s superintendent of financial services is ordering DeutscheBank to pay up in the amount of $2.5 billion as well as fire some employees and ban others who participated in rigging interest rates, CNBC reports.

Hefty Plane Tab

The chief executive of Philadelphia-based Aramark Corp. racked up a nearly $800,000 plane tab last year, beating out all of the nation’s 100 top-paid executives, Bloomberg reports.

You Stole My Pet Chicken!

It's a lawsuit perhaps like no other. Ukrainian pop singer Kristina Karo is suing actress Mila Kunis for $5,000 for allegedly stealing her pet chicken when they were children. The singer says it has caused her decades of grief, LAist reports.

Stocks Mixed

The Dow Jones industrial average was down 26 points in Thursday morning trading to 18,012. The S&P 500 was down one point to 2,107. The Nasdaq was flat at 5,035. The LABJ Stock Index was up one point at 233.

Go Teams

It's a go. The Carson City Council has unanimously approved a $1.7 billion stadium for the San Diego Chargers and Oakland Raiders, the Los Angeles Times reports.

Pay Raise for Teachers

Good news for local teachers as the Los Angeles Unified School District has tentatively approved pay raises of 10.36 percent, the Los Angeles Daily News reports.

Ex-CBS Exec Joins Interlude

Nancy Tellem, a former executive at both CBS and Microsoft, has been named chairman and chief media officer of media and technology company Interlude, working out of its Culver City office. See the Los Angeles Business Journal’s coverage here.

Pulling the Plug on Greece?

Will the European Central Bank finally pull the plug on Greece's lenders? In anticipation of the move, shares of Greek banks plunged to an all-time low Tuesday, the Telegraph reports.

Merger Trouble

Half a dozen Senators are saying not so fast to Comcast Corp.’s proposed $45-billion bid to take over Time Warner Cable. They’re urging Attorney General Eric Holder and Federal Communications Commission Chairman Tom Wheeler to deny the merger, the Los Angeles Times reports.

Investigating Email Trail

Emails from Brian Cherry, a former PG&E chief lobbyist known for his powers of persuasion and close ties to officials with the California’s Public Utilities Commission, have helped lead to the biggest investigation of a state agency in the last decade, the Los Angeles Times reports.

Trader Arrested

A trader in London has been charged by federal prosecutors for his role in the 2010 stock market "Flash Crash" but is now fighting extradition, CNBC reports.

Another Day, Another Bank Fine

More bad news for Bank of America Corp. as Britain's markets regulator has fined the bank a record $20 million for failing to properly report millions of transactions, Bloomberg reports.