- Rising Jobless Biggest Threat to World Trade: WTO
- Gold Hits $1,122, Barrick Chief Says Selloff Possible
- Wall Street Pay Is Often too High: Bill Gates
- Morgan Stanley Gets Aggressive in Luring Brokers
- Foreclosures Fall Again But Improvement Likely Fleeting
- Highest State Foreclosure Rates
- Yuan Critics Want Obama to Keep Campaign Promise
- Obama Most Powerful Person in World: Forbes
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
- BMW to invest $735 million in China joint venture
- GDF Suez confirms earnings target
- Shipper A.P. Moller-Maersk posts 9-month loss
- China extends investigation of Rio Tinto employees
- Romanian subway workers on 2-hour strike
- Greek August unemployment falls to 9 percent
- Polish gas monopoly PGNiG posts strong 3Q gains
- SKorea, Peru seek to conclude free-trade deal
- China hints at yuan rise ahead of Obama's visit
LOS ANGELES - A judge overturned a settlement allowing major outdoor advertising companies to convert more than 800 billboards in Los Angeles into digital displays, but declined to revoke permits already granted for about 100 conversions.
Superior Court Judge Terry Green said in his decision issued Thursday that the city must withdraw from its 2006 agreement with CBS Corp.'s Outdoor division and Clear Channel Outdoor Holdings Inc.
The companies had settled a lawsuit challenging the city's billboard ban in place at the time.
Summit Media, a smaller billboard company, had sued the city over that settlement, arguing that it selectively exempted the large firms from zoning laws.
Green agreed in his ruling that the settlement was illegal, but said that the city should decide whether to revoke permits that it already issued for digital conversions.
CBS Outdoor spokeswoman Shannon Jacobs said in a statement that the company believes the agreement is valid and that it plans to appeal the ruling.
Summit attorney Anthony P. Alden had no immediate comment. Messages left with Clear Channel Outdoor and the city attorney's office were not immediately returned.
- Bernard and Ruth Madoff's personal possessions will be auctioned this weekend. Click ahead to see.
- US real estate prices have fallen dramatically, but some places are still doing well. See the best-performing zip codes this year.
- An Italian cashmere maker aims to make profits while creating ideal conditions for his workers.
- Just in time for the holidays, the Triumph company of Japan offers the latest innovation in women’s undergarments.
- The real result of health care reform will be bloated government and higher deficits, says Larry Kudlow.
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.









