Time Warner Cable profit beats on Internet growth

(Reuters) – Time Warner Cable Inc posted a higher-than-expected profit, boosted by high-speed Internet growth, but a contraction in its video business saw its shares pull back as some investors sold after gains of nearly 25 percent this year. The New York-based company added more Internet and phone subscribers than Wall Street forecast in the first quarter, but its video business contracted more . . .

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Time Warner Cable profit beats on Internet subs

(Reuters) – Time Warner Cable Inc posted a higher-than-expected quarterly profit, boosted by high-speed Internet growth and a strong business services segment. The New York-based company added more than 217,000 residential and business Internet customers and 124,000 phone customers during the quarter. But it lost 90,000 video subscribers to end the quarter with 12. 5 million. This includes 673 . . .

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Development Reform, Development Revolution

Development Reform, Development Revolution
DOWNTOWN LOS ANGELES – A group of top city leaders last week laid out a plan for development reform that, if successfully implemented, would significantly streamline the permitting process and vastly reduce the time, expense and complications faced by developers in Los Angeles.

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