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2009 Year

SPORTS
February 10, 2010 | By Jim Peltz
They had colorful nicknames like "The Mongoose" and "The Snake," initially raced mostly for glory in light of skimpy prize money and became legends as professional drag racing's popularity expanded nationwide. As the National Hot Rod Assn. holds the 50th anniversary of the Winternationals this week, here's a look at some of drag racing's most notable drivers over the decades in the premier top-fuel and funny car classes, some of whom will appear to help celebrate this year's Winternationals in Pomona: 1960s "Big Daddy" Don Garlits In the Winternationals' first 10 years, and for decades after that, Garlits was the driver even casual fans knew as being synonymous with drag racing.
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NATIONAL
March 3, 2010 | By Megan Twohey
Since she was hired two years ago as a medical assistant, Jennifer Simonsis has come to an agreement with her employer: During the winter, she gets time off to see her doctor, frequent breaks and help in setting up a light-therapy lamp at her desk. Simonsis gets workplace accommodations for seasonal affective disorder, or SAD -- depression triggered by limited daylight in winter. Pointing to a federal law that prohibits employers from discriminating against the disabled, some SAD sufferers say they are entitled to schedule changes, access to windows and other modifications.
BUSINESS
November 14, 2012 | By Jerry Hirsch
Toyota Motor Corp. announced two safety recalls for its flagship Prius hybrid. The automaker said the steering intermediate extension shafts in 670,000 Prius cars sold in the U.S. need to be inspected and in some cases replaced. And 350,000 of those hybrids also will have to have their electric water pumps replaced. Toyota will recall another 2 million vehicles worldwide, including the Prius and the Corolla, to fix the same problems.   The gas-sipping Prius has become an important vehicle for Toyota, giving the company a reputation for producing fuel-efficient, green vehicles and quietly becoming one of the best sellers in the automaker's lineup.
BUSINESS
June 29, 2011 | By Walter Hamilton, Los Angeles Times
Citing "morally reprehensible" conduct by Wedbush Inc., an arbitration panel has ordered the Los Angeles securities firm to pay a former bond trader $3.5 million in withheld compensation. Stephen Kelleher, who won the award, alleged in his complaint that company Chairman Edward Wedbush had personally withheld pay from many high-level staff members in recent years. "This guy has been doing this to a lot of people for a long time," Kelleher said in an interview Tuesday. John Stenson, a lawyer for the company, declined to comment on the ruling except to say the firm would appeal it. Several current and former employees of Wedbush have brought legal actions over compensation issues.
CALIFORNIA | LOCAL
May 16, 2012 | Los Angeles Times wire reports
Harold A. "Red" Poling, a former Ford Motor Co. chairman and chief executive officer who helped lead the automaker through two recessions, has died. He was 86. Poling died Saturday at his home in Pacific Grove, on the Monterey Peninsula, the Dearborn, Mich.-based company announced. The cause was not given. As chairman and chief executive from 1990 to 1994, Poling led the company through a deep recession, when Ford's sales in North America and Europe plunged and losses totaled $9.64 billion in 1991 and 1992.
OPINION
May 13, 2002
The state Legislature can strike a modest, reasonable blow against global warming by passing the final version of a program for cutting emissions of carbon dioxide from autos, pickups and sport utility vehicles. Carbon dioxide is the chief greenhouse gas implicated in global warming. AB 1058, by Assemblywoman Fran Pavley (D-Agoura Hills), passed the Assembly earlier and won approval in the Senate last week. Now it's back to the Assembly for ratification of Senate amendments as early as today.
BUSINESS
February 4, 2005 | From Bloomberg News
A group representing Honda Motor Co. and Nissan Motor Co. joined a lawsuit meant to halt California's plan to curb car and truck emissions of gases linked to global warming, uniting every major automaker in opposition to the program. The Assn. of International Automakers, which lobbies on behalf of Honda, Nissan, Hyundai Motor Co., Kia Motors Corp. and Mitsubishi Motors Corp., said Thursday that it was joining a suit filed Dec.
BUSINESS
September 20, 2009
Weekly survey of 20 Orange and L.A. County lenders as of 9/16/2009 Loans to $417,000 Week ended 9/16/2009 Week ended 9/9/2009 Week ended 3/18/2009 30-year fixed 5.17% +0.29pt 5.27% +0.23pt 5.06% +0.35pt 15-year fixed 4.68% +0.26pt 4.78% +0.17pt 4.80% +0.42pt $417,000 and up 30-year fixed 6.14% +0.36pt 6.17%+0.50pt 6.74% +0.74pt 15-year fixed 5.54% +0.33pt 5.69% +0.25pt 6.84% +0.85pt Home equity lines 5.74% 5.74% 5.06% Home equity loans 9.08% 9.08% 8.77% 6-month LIBOR 0.68% 0.69% 1.86% 1-year Treasury 0.40% 0.42% 0.70% 6-month Treasury 0.22% 0.23% 0.45% 6-month CD 0.37% 0.37% 1.84% Prime rate 3.25% 3.25% 3.25% 11th District cost of funds 7/2009 6/2009 1/2009 1.473% 1.599% 2.455% Compiled by HSH Associates, Financial Publishers; www.hsh.
BUSINESS
February 19, 2009 | Times Wire Reports
Hewlett-Packard Co.'s fiscal first-quarter profit dropped 13%, and sales ticked up just 1%, as even the technology company's cash-cow printer ink business was hobbled by the recession. The world's top seller of personal computers also cut its fiscal 2009 guidance, but it was still in line with Wall Street's expectations. HP shares fell $1.08, or 3.2%, to $33 in extended trading, after closing down 26 cents at $34.08 during the regular session before the Palo Alto company reported its earnings.
BUSINESS
July 23, 2010 | By E. Scott Reckard, Los Angeles Times
Emerging from the grip of the financial crisis, City National Corp. said strong growth in deposits and improving credit quality helped its quarterly profit jump sixfold. The Los Angeles parent company of Southern California's largest bank said Thursday that it earned $41.3 million, or 78 cents a share, in the second quarter, compared with $6.8 million, or 2 cents a share, in the same period last year. Second-quarter revenue totaled $304.5 million, up 39% from the second quarter of 2009.
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