ORANGE COUNTY, CA-The parent of Carl's Jr. and Hardee's restaurants reports another quarterly loss, but says earnings could improve soon. The company blames the loss on selling or closing 110 of its restaurants.

LOS ANGELES-City Council approves 150-foot billboard space at Hollywood & Highland redevelopment project. Some opponents worry the area will become too much like NY's Times Square.

ORANGE COUNTY, CA-San Francisco-based First Banks America acquires Orange-based BYL Bancorp, which has seven offices here and in neighboring Riverside County. The merger could make even more money available for Southland projects.

LOS ANGELES-Developer G.H. Palmer Associates says it will file a lawsuit over the City Council's decision to reject the company's plan to build 300 units of sorely needed housing Downtown.

LOS ANGELES-The architecture and engineering giant will relocate to the CBD, bringing more than 500 workers with it. The move is seen as the biggest boost yet for Downtown's fledgling comeback.

LOS ANGELES-A unit of the Cleveland-based development giant will build a $50-million, 230-unit loft apartment complex near Staples Center. The project will bring sorely needed housing to the central business district.

ORANGE COUNTY, CA-Investment banker Buchanan Street Partners will invest $60 million on the fund's behalf to development and rehab urban infill sites. By combining it with money from other parties, up to $250 million will be available for various investments.

LOS ANGELES-Imagine Fulfillment Services signs 10-year deal for 117,217 sf of industrial space in Torrance and relocates from smaller quarters in Dominguez Hills.