Which Way, L.A.?
The Plight of California's Citrus Industry
This week's record cold-snap in California has reached areas that are usually immune to freezing. That's bad news for leafy greens, avocados, strawberries and blueberries. But the crop hardest hit appears to be oranges. We update the damage and look at the importance of oranges to the history of California. Plus, tomorrow's the deadline for billionaires--or anyone else--to bid for the Los Angeles Times.
By Warren Olney • • 30m ListenThis week's record cold-snap in California has reached areas that are usually immune to freezing. That's bad news for leafy greens, avocados, strawberries and blueberries. But the crop hardest hit appears to be oranges. We update the damage and look at the importance of oranges to the history of California. Plus, tomorrow's the deadline for billionaires--or anyone else--to bid for the Los Angeles Times.
In this episode
2 storiesCalifornia Oranges, Then and Now
Oranges are a $1.1 billion industry in California. This week's cold wave comes at a crucial moment: only 30% of the current crop has been picked. And with 90% of America's oranges coming from California, the big freeze means that prices are likely to double as soon as next week.
Read the story18 minLA Times for Sale...Any Buyers?
Eli Broad, Ron Burkle and David Geffen are local billionaires who’ve shown interest in the principal asset of Tribune Publishing , the Los Angeles Times . Other newspaper groups are thought to be interested, too, and tomorrow is the deadline for submission of bids. But one Merrill-Lynch analyst has thrown cold water on expectations. We get…
Read the story8 min
