Also. . .
Planet Hollywood International Inc. announced a key franchising agreement with Saudi Prince Alwaleed Bin Talal that would add 34 new restaurants in 23 countries. . . . Exxon Corp., Mobil Corp., Atlantic Richfield Co., other oil firms and Texas A&M; University won U.S. approval to form a research-and-development venture to study oil exploration. . . . Giant Industries Inc. said it agreed to buy or lease 96 gas stations and convenience stores from closely held Thriftway Marketing Corp.
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.