Also. . .
* Lockheed Martin Corp. said it will eliminate about 675 jobs from its airplane assembly plant in Marietta, Ga., to save $25 million a year. The plant assembles F-22 fighters and C-130J military cargo planes and employs about 7,000.
*
* Starbucks Corp. said sales at company-operated stores open at least a year increased 8% for the five weeks ended Dec. 31 from the year-earlier period. Consolidated net revenue was up 24% at $281 million.
*
Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section’s staff can be found at: http://161.35.110.226/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.