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A collection of news and information related to Finance published by this site and its partners.
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Is the dream worth keeping?
At a time when Burbank is raising fees and using one-time funds to plug a $1.1-million budget gap, is keeping the dream of a new Central Library really worth keeping alive — at least to the tune of $3.5 million? Apparently the City Council...Tags: Libraries, Economy, Business and Finance, Budgets and Budgeting, Arts and Culture
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Council to eye utility, sewer fee increases
Burbank might be able to use one-time money to plug a projected $1.1-million budget gap for next fiscal year — but that's only if the City Council approves a collection of utility, sewer and trash-collection rate increases. Financial Services...
Tags: Economy, Business and Finance, Budgets and Budgeting
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Better than expected rates trim airport's debt costs
Interest rates for bonds sold to construct a new transit center at Bob Hope Airport came in lower than expected, reducing the annual debt obligation by more than $1.25 million, officials reported Monday. About a half hour later, the Burbank-Glendale-...
Tags: Economy, Business and Finance, Rental Service, Credit and Debt, Bob Hope, Vehicles
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Legendary Entertainment nears raising $250 million in financing
Legendary Entertainment, the finance and production company behind "The Dark Knight" and this weekend's"Wrath of the Titans,"is close to raising about $250 million in new financing, according to knowledgeable people unauthorized to speak publicly. The...Tags: Economy, Business and Finance, Guillermo Del Toro, Los Angeles Times, Entertainment, Arts and Culture
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Cuts loom for bus services
Transportation commissioners this week discussed the possibility of cutting bus service for seniors and the disabled on weekends, or perhaps confining the schedule to either Saturday or Sunday. The options emerged Monday as commissioners continued...
Tags: Economy, Business and Finance, Starbucks Corp., Human Interest, Public Transportation, Physical Disabilities
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City Council hopes it can retain $15 million for community projects
About $15 million in redevelopment funds intended for capital improvement projects could still remain available for several community development projects, including the Lundigan Community Center and improvements to Johnny Carson Park, despite efforts...
Tags: Judges, Economy, Business and Finance, Crime, Law and Justice, Johnny Carson, Justice System
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Bob Hope credit rating is up in the air
Credit rating agency Fitch said Thursday that it might downgrade the Burbank-Glendale-Pasadena Airport Authority after it gets a clearer picture of the airfield’s financial standing later this year.
Fitch has already put the airport authority on...Tags: Ratings, Economy, Business and Finance, American Airlines, Inc., Credit and Debt, Bob Hope
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Burbank clears financial audit
An independent audit of the city’s 2010-11 finances gave Burbank the highest possible rating. Financial Services Director Cindy Giraldo said the audit by the accounting firm McGladrey and Pullen was completed in December. The review also...Tags: Economy, Business and Finance, Accounting and Auditing, Financial and Business Services, Politics, Finance
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Bob Hope dealt blow by carrier's departure
The decision by American Airlines to pull out of Bob Hope Airport might further harm an airfield that has been grappling with a yearlong slide in passenger numbers, which gained the notice of an important credit rating agency.
American, which made up 7....Tags: Ratings, Air Transportation Industry, American Airlines, Inc., Financially Distressed Companies, Credit and Debt
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City seeks funding for $5-million park redesign
The redesign of Johnny Carson Park is underway, and city officials could tap three grants to help cover the estimated $5-million price tag.
The city has been setting aside money for the project — $2.5 million so far through the Redevelopment...Tags: Johnny Carson, Politics, Public Officials, Government
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Audit clears school district of misappropriation allegations
An outside consultant has determined that the Burbank Unified School District — despite confusing record keeping that had raised accountability questions — accurately reported how it spent roughly $274 million during the past 15 years.
The...Tags: Corporate Crime, Economy, Business and Finance, Embezzlement
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He's working from within
The truth is finally out. There are checking account fees in bank accounts that are exorbitant. The banks took advantage of the investors’ lackadaisical attitude. This doesn’t only apply to checking accounts, but also to mutual funds, bond...Tags: Economy, Business and Finance, Mutual Funds, Banking, Bank of America Corp.
May 18, 2012
|Story| Burbank Leader
May 15, 2012
|Story| Burbank Leader
May 14, 2012
|Story| Burbank Leader
Mar 29, 2012
|Story| Los Angeles Times
Mar 30, 2012
|Story| Burbank Leader
Apr 6, 2012
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Feb 19, 2012
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Jan 26, 2012
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Jan 10, 2012
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Sep 27, 2011
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Nov 8, 2011
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Nov 11, 2011
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