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The City Council unanimously approved a $30-million loan to help finance upgrades that will allow the Kodak Theatre to host Cirque du Soleil for 368 performances a year. The city owns Kodak, which is operated by CIM Group. The acrobatic troupe is contributing $50 million towards the project. (LAT)
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.