Peter J. Taylor, the former head of public finance for Lehman Brothers Holdings Inc. who took over the University of California system’s $24 billion finances, has some tough-love advice for the universities.
If Tribune Co. ’s noteholders win permission to reorganize the bankrupt publisher, they will “scare away” potential business partners, company co-President Eddy Hartenstein said.
Walt Disney Co. will stop letting disabled people go to the front of the line at its U.S. parks, in part because some people were abusing the program.
Tribune Co., the media company that entered discussions to sell its newspapers earlier this year, is seeking a single buyer for all of the publications, said two people with knowledge of the process.
Robert Citron, a former treasurer of California’s Orange County who spent nine months in prison for his role in what stood for years as the nation’s biggest municipal bankruptcy, has died. He was 87.