BUSINESS NOTES STUDIOS TO BE USED FOR FILM ARCHIVES.HOLLYWOOD - The Academy of Motion Picture Arts & Sciences paid $21 million for some former TV studios in Hollywood and nearby parcels of land to house its film archives, new offices and screening rooms and to provide parking for members. The 118,000-square-foot building at 1313 N. Vine St., which was the former Don Lee-Mutual Broadcasting television studios, brings the academy back to a more central location to serve its clientele and industry members, said President Robert Rehme. ``We began in Hollywood 73 years ago,'' Rehme said. ``And we are looking forward to being a major presence once again, starting with the (Academy) Awards ceremony next March 24 (in a new building at Highland Avenue and Hollywood Boulevard For uses other than the original street, see Hollywood Boulevard (disambiguation). Hollywood Boulevard is a boulevard in Hollywood, Los Angeles, California, United States, beginning at Sunset Boulevard in the east and running northwest to Vermont Avenue, where it straightens out ). And shortly after that, we'll reopen this building.'' Featured in the new building will be a 300-seat screening room and about 15,000 square feet of storage for collections of the academy's Margaret Herrick Margaret Herrick, (September 27, 1902-June 21, 1976) was the librarian and director of the Academy of Motion Picture Arts and Sciences. Herrick is generally credited with naming the Academy Award an "Oscar", declaring the statuettes "looked just like my Uncle Oscar. Library, Rehme said. Charter Pacific may be acquired AGOURA HILLS - First Banks America, Inc. plans to acquire Charter Pacific Bank, combining assets of $2.77 billion. The deal entitles Charter's shareholders to $3.80 per share in cash. Charter Pacific had total assets of approximately $103.0 million, while FBA FBA Federal Bar Association FBA Functional Behavior Assessment FBA Fibre Box Association (North America) FBA Forms Based Authentication (Microsoft Outlook Web Access) FBA Florida Bicycle Association had $2.67 billion in assets as of March 31, 2001. Charter Pacific is headquartered in Agoura Hills and has one other branch office in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. . San Francisco-based FBA has 46 commercial banking locations in California and six in Texas. Power-One wins industry kudos CAMARILLO - Power-One has been recognized by industry analyst Micro-Tech Consultants as the world's sixth-largest power conversion equipment manufacturer. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Micro-Tech's chart, Power-One has risen 10 places from the previous study in 1999. The ranking is based on sales of $511 million in 2000 and 1999 sales of $237 million. Power-One also reported 115 percent growth in 2000. Madden admits securities fraud NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Shoe designer Steve Madden, who built a $200 million company based on his trademark chunky shoes for teen-agers, pleaded guilty Wednesday to federal charges of securities fraud and money laundering The process of taking the proceeds of criminal activity and making them appear legal. Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds. . The guilty plea closes a chapter on a scandal that captivated cap·ti·vate tr.v. cap·ti·vat·ed, cap·ti·vat·ing, cap·ti·vates 1. To attract and hold by charm, beauty, or excellence. See Synonyms at charm. 2. Archaic To capture. the fashion industry since Madden was arrested last June in connection with reaping the benefits of manipulating 23 initial public stock offerings underwritten by the now-defunct companies Stratton Oakmont Inc. and Monroe Parker Securities Inc. It included the 1993 IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. of his own company. Shareholders OK AT&T amendment CINCINNATI - AT&T Corp. shareholders on Wednesday overwhelmingly approved an amendment to the company charter that makes it easier for management to obtain shareholder approval of the merger, consolidation or disposal of company assets. The proposal received approval from about 96 percent of the shares voted at the annual meeting, at least 2.7 billion shares. Management argued for the change as the communications giant responds to changing market conditions. - Staff and Wire Services |
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