Six Flags Inc., the theme park operator that owns Six Flags Magic Mountain and Six Flags Hurricane Harbor in Valencia, lost nearly $150 million in the first three months of 2008. But that was better than a year ago, when

Tribune Co. said its earning were up significantly in the first quarter, thanks to a change in tax status, but revenue slipped 8 percent.

Wachovia Corp. has separated the roles of chairman and chief executive, naming company board member Lanty Smith as chairman, a post previously held by Chief Executive Ken Thompson. (WB)

Gas prices did not set any new records in Southern California this week, but the prices have not moved much from those record highs.

California Insurance Commissioner Steve Poizner said Friday that -- for the first time in six years -- his office will not issue a mid-year workers' compensation "pure premium rate advisory" for July.

Presidential candidates John McCain and Hillary Clinton have endorsed suspending the federal gasoline tax of 18.4 cents a gallon for the summer. Barack Obama opposes the move.

The Long Beach Armada is one of two Golden Baseball League teams that will face off against the Chinese Olympic baseball team this month in the run-up to the 2008 Summer Olympics being held in Beijing in August.

Clear Channel Communications Inc. on Friday released earnings for the media and entertainment company's first quarter at a critical juncture in its history. (CCU)

Boeing Co. lost the competition to build a new U.S. Air Force tanker because the competing bid was superior, according to Northrop Grumman Corp. and Airbus, which won the bid to build the new aerial refueling plane. (NOC)

John Malone's Liberty Media Corp. is holding open the option of appealing a recent Delaware court's refusal to block the breakup of IAC/InterActiveCorp into five companies. (LCAPA)