October 14, 1986
TRW, a leading automotive, electronics and defense manufacturer, reported that its third-quarter earnings totaled $40.5 million, compared to a net loss of $110.3 million in the same quarter last year. The improved earnings, equivalent to $1.33 a share, came despite slightly lower sales and were largely due to a strong performance in its information systems and European passenger car component businesses, the company said. For the three months ended Sept.
CALIFORNIA | LOCAL
January 24, 1990 |
After hearing protests from local residents, the City Council on Tuesday night postponed a decision on two developers' request to build the first major shopping center in the East Anaheim Hills. The proposed 44-acre shopping center would be built northwest of the intersection of Weir Canyon Road and the Riverside Freeway, just south of the Santa Ana River.
January 21, 1987 |
SDNB Financial Corp., parent of San Diego National Bank, climbed into the competitive mortgage banking ring Tuesday by acquiring four subsidiaries of a firm co-owned by an SDNB director. SDNB agreed to buy four mortgage banking subsidiaries of Lenders Corp. in an exchange of common stock valued at about $3 million, the company said Tuesday. The four subsidiaries service about $90 million in loan volume; that figure is expected to reach $150 million by year's end, SDNB officials said.
January 7, 1992 |
The usually quiet home branch of Assured Thrift & Loan was busy Monday as a steady stream of depositors began collecting their money from the nation's first banking institution to fail this year. Federal regulators closed the small thrift and loan Friday evening, shortly after the expiration of a temporary court order that had blocked the seizure for more than two weeks. More than 2,000 account holders with $51.
December 24, 1996 |
When Ralph Nader thrust auto safety into a national issue in the 1960s with his book "Unsafe at Any Speed," it looked like political pressure had reach such a level that the federal government would never dare retreat on improving automobile safety equipment. But Nader, who ran for president this year, is charging that the Clinton administration has seriously backtracked on auto safety--caving in to the interests of auto makers and commercial truckers.
August 26, 1988 |
A bill that would establish a $1-million pilot program in Los Angeles County to test a high-tech system for tracking stolen cars has triggered an intense lobbying fight between law enforcement agencies pushing for passage and critics who say the measure is a special-interest proposal. The bill by Sen. Ed Davis (R-Valencia) sailed through the Senate on a 33-0 vote in June.