Los Angeles Times

5 Biggest Winners and Losers of the Week in Business

It's been a colorful week in the world of business, from Facebook's accidental hijacking spree to the timely rescue of Dell, to pink slips being passed out at DreamWorks. Here's a rundown of this week's biggest winners and losers.

Did Tea Party's Top Campaign Donors Tax Themselves?

Tea Party mega-donors poured hundreds of millions into the 2012 election, and one of their key goals was to keep taxes low for the rich. Had Romney won, their investments could have paid off mightily. Here's a look at how what they donated compares with what they'd have saved under Romney.

New Safe-Sex Porn Law Could Cost L.A. Billions

Many industries complain that new government regulations are bad for business; now, we're hearing it from the adult film biz. A proposed L.A. city regulation to require porn actors to use condoms has adult film makers threatening to leave Tinseltown -- and to take the lion's share of an $8 billion-a-year industry with them.

Street Gangs Clean Up on White Collar Crime

Violent street gangs that have long focused on drugs and gun running are expanding into white collar crime. According to the FBI, a slew of gangs, including the Bloods, the Crips and the Latin Kings are branching out into mortgage fraud, identity theft, check counterfeiting and bank fraud, among other crimes.

Bankruptcy Plan for Tribune Collapses

So much for the hope of a relatively quick and painless exit from bankruptcy for Tribune Co. A reorganization plan that would have turned over control of the Chicago-based media conglomerate to lenders including JP Morgan Chase & Co. has reportedly fallen apart after an independent examiner's report led various creditors to reassess the strength of their claims.

No TV news anchors?

Tribune Co.'s Chief Executive Randy Michaels has some interesting ideas on how to remake the 163-year-old news company, including television news...