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Share this article: Photo by John Schreiber. A skyscraper that would be the tallest residential building in California has been proposed for downtown Los Angeles as the neighborhood’s housing boom rolls on. Crescent Heights , a Miami-based developer, submitted a proposal to the city Planning Department this week to build a 70- story apartment building that would stand out in size and design amid the rapidly growing South Park district east of Staples Center,  the Los Angeles Times reported Friday . The 810-foot building with 794 units would be the third-tallest in Los Angeles behind the recently opened Wilshire Grand hotel and office tower and the U.S. Bank Tower office building completed in 1989. Last year, Crescent Heights completed Ten Thousand , a 40- story luxury apartment complex on Santa Monica Boulevard on the edge of Century City. It also plans to build two residential high-rises next to the Hollywood Palladium on Sunset Boulevard, The Times reported . Its lates...

CHEYENNE – It has been a tumultuous couple of months for a tidy suburban neighborhood in north Cheyenne . Residents of The Bluffs started hearing about the affordable apartment complex planned for their western border near Converse Avenue in mid-spring. They got a presentation from Summit Housing Group at Anderson Elementary School , which sits in the northwest corner of the neighborhood, not long afterward. By most accounts, things became heated pretty quickly . “We tried to explain the project to community,” Summit senior project manager Sam Lang said. “But they just said, ‘We don’t want this.’” A similarly passionate Cheyenne Planning Commission meeting followed July 5. Commissioners’ attempts to explain their reasoning for recommending approval of rezoning and the importance of having affordable housing in the community came off to many in the crowd of Bluffs neighbors as politically correct nonsense . Similar concerns persisted in City Council committee meetings , though t...

ANTITRUST EU agency to probe Bayer’s acquisition of Monsanto The European Union’s antitrust watchdog said Tuesday that it has launched a probe into German chemical maker Bayer ’s planned acquisition of US seed and weed- killer company Monsanto . The European Commission, which polices competition in Europe, said it has concerns that the merger may reduce competition in areas like pesticides and seeds. Monsanto last year accepted an offer from Bayer to pay $57 billion to its shareholders and assume $9 billion in debt. Were it to go ahead, the buyout would create the world’s largest integrated pesticides and seeds company. The commission says it will also look into whether the move would hinder the access of competitors to distributors and farmers. — ASSOCIATED PRESS ANTITRUST Brazilian watchdog questions AT&T’s deal for Time Warner Brazil’s antitrust watchdog said AT&T Inc.’s $85. 4 billion deal for Time Warner Inc. poses a high risk to competition, a potential complication...