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Wednesday, June 19, 2013         

Business News

LAS VEGAS » Years of talk about building an arena capable of hosting professional sports and big-name concerts yielded an announcement Tuesday that casino giant MGM Resorts International and entertainment company AEG will build a privately financed 20,000-seat indoor venue on the Las Vegas Strip.

NEW YORK » Starbucks has a new way to wake up its customers: showing the calories in its drinks. The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require it to do so.

LOS ANGELES » Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest transaction ever for original first-run content.


PARIS »Airbus sent a new wide-body plane into the skies Friday that sets the stage for intensifying competition with U.S. rival Boeing — with consequences for jobs, airlines' investments and the reputations of the powerful plane-makers.

NEW YORK » If you can hold a headstand for at least 10 minutes, communicate in Sanskrit and enjoy downing wheatgrass and tequila shots on Fridays for work-life balance, Lululemon has a job for you.

The nation's airlines struggled to stay on schedule in April, with nearly 1 in 4 flights arriving late, according to government figures. The airlines blamed furloughs of federal air traffic controllers and bad weather. A nationwide computer outage at American Airlines added to the slowdown.

David H. Murdock, the chief executive, chairman and largest shareholder of Dole Food Co. Inc., made an unsolicited offer to take over the Westlake Village, Calif., company for $12 a share.

An estimated $400 million polysilicon plant in eastern Idaho now has only eight workers, all security guards, after its last engineer exited last month amid dwindling hopes the facility will ever produce materials for solar panels.

Amazon.com says it has expanded its grocery delivery service to Los Angeles and might add more markets. The online retail giant has been testing AmazonFresh in Seattle for several years. It confirmed Monday that it is now offering it in Los Angeles on a trial basis as well.

DETROIT » Auto companies are hoping lower lease prices can put a charge into sluggish electric car sales. Honda said it is slashing the monthly lease cost of its tiny Fit EV by one-third, following similar moves by other automakers.

JERUSALEM » Better Place, an Israeli-based company that had been a major player in developing Hawaii's electric vehicle charging network until selling its local operations in March, reached the end of the road Sunday when it announced plans to liquidate.

NEW YORK » This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.

PAGO PAGO, American Samoa » American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory and use the loyalty points to help medical patients and students travel off the islands when necessary.

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