BRIEFCASE YOUNAN BUYS SITE IN WARNER CENTER.Byline: - Staff and Wire Services WOODLAND HILLS - Younan Properties, a real estate investment company, has bought a 62,000-square-foot office building in Warner Center for $9.8 million. The building, at the southwest corner of Oxnard Street and Topanga Canyon Boulevard, will also be the company's headquarters. The property is 65 percent leased. The tenants include an insurance brokerage, a health care industry nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. and a real estate management office. Younan bought the building from Los Angeles-based Kearny Real Estate Co. Renovation plans include improvements to the landscaping, common areas and office suites. 'Hercules,' 'Xena' stars suing studio Hercules and Xena are joining forces in a lawsuit against Universal Studios over pay. ``Xena: Warrior Princess'' star Lucy Lawless Lucy Lawless (born Lucille Frances Ryan on March 29, 1968 in Mount Albert) is a New Zealand actress and singer best known for her role as Xena on the television series from 1995 to 2001. and ``Hercules'' star Kevin Sorbo Kevin David Sorbo (born September 24, 1958) is an American actor probably best known for the role of Hercules on and Captain Dylan Hunt in Andromeda. Biography Early life and career filed separate breach-of-contract lawsuits Tuesday accusing the company of denying them money from the adjusted gross receipts the total of the receipts, before they are diminished by any deduction, as for expenses; - distinguished from net profits. - Bouvier. See under Gross, a. os> See also: Gross Receipt of their syndicated shows. Sorbo and Lawless said they had agreements with Universal entitling them to a percentage of the receipts, but that Universal has improperly reduced the receipts and increased distribution expenses and production costs to deny them the money. Universal spokesman Jim Benson said the company had not seen the lawsuits and doesn't comment on pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . Tenet's Focht set to retire yet again Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. Corp. said Wednesday that Executive Vice Chairman Michael H. Focht Sr. is retiring again. Focht, 61, rejoined the troubled Santa Barbara hospital chain almost 10 months ago, at the board's request, to help address the problems facing the company. He initially retired in 1999 after 20 years of service. Tenet had said Focht would stay for a year or two. But his projects, which included advising senior management and the board on corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. issues, were completed earlier than expected, spokesman Steve Campanini said Wednesday. J.P Morgan OKs SEC settlement WASHINGTON - Brokerage J.P. Morgan has agreed to pay $25 million to settle federal regulators' allegations that it improperly used distributions of hot new stocks to certain customers to get them to buy additional shares once trading began, the government said Wednesday. J.P. Morgan neither admitted to nor denied the allegations made in a civil lawsuit by the Securities and Exchange Commission. The big Wall Street firm also agreed to refrain from further violations in the settlement, which is subject to approval by a federal court in Washington. Samsung recalls RV microwaves WASHINGTON - Samsung Electronics Co. is recalling 183,897 defective microwave ovens that were installed in recreational vehicles, the National Highway Traffic Safety Administration The National Highway Traffic Safety Administration (NHTSA, often pronounced "nit-suh") is an agency of the Executive Branch of the U.S. Government, part of the Department of Transportation. said Wednesday. The microwaves have faulty wiring that can cause them to start without pressing the key pad. The company is asking customers not to store items in the microwaves and to unplug them if possible. The affected microwaves were sold between January 1999 and September 2003. Samsung will rewire re·wire v. re·wired, re·wir·ing, re·wires v.tr. To provide with new wiring: rewired the old house. v.intr. To install new wiring. the ovens for free through recreational vehicle dealers. Auto-loan rates vary among races NASHVILLE, Tenn. - Blacks are more likely than whites to be charged higher interest rates on car loans financed by General Motors Acceptance Corp., a study of minority borrowers found. Mark A. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , a business professor at Vanderbilt University working for plaintiffs in a lawsuit against GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance , studied more than 1.5 million GMAC loans made between 1999 and April 2003. He concluded that blacks were routinely charged a markup on loans. He said higher-than-normal interest rates cost black borrowers an average of $1,229 over the life of a loan compared with an average of $867 paid by whites. |
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