ALSO
- Share via
Granny Goose Foods will close its plant in Oakland, laying off 170 workers, and transfer its operations to a nonunion plant in Salt Lake City. The facility produced snacks for the Southern California market, which was unprofitable, the privately held company said. About a dozen employees will remain at the company’s corporate headquarters, which will remain in Oakland.
* New York Times Co. said that it plans to sell seven of its smaller newspapers, including the Santa Barbara News-Press, and nine telephone directories.
* Carnival Corp. called off an agreement made last month to buy time-share resort operator Fairfield Communities Inc. for $400 million in stock because of the decline in Carnival’s stock.
Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section’s staff can be found at http://shop.nohib.com./bizstaff.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.