April 30, 1991
Ranks companies by loss from continuing operations. '90 loss Rank Company ($ millions) 1 Occidental Petroleum (1,688) 2 First Executive Corp. (366) 3 Homefed Corp. (248) 4 Calfed Inc. (222) 5 Landmark Land Co. (221) 6 Great Amer. Bank San Diego (173) 7 National Semiconductor* (170) 8 Pathe Commun.* ** (141) 9 Raychem Corp.* (111) 10 Genentech Inc. (98) 11 Intermark Inc.* ** (68) 12 MAI Systems Corp. (64) 13 Coast Savings Finl. (63) 14 American President Cos.
April 25, 1995 |
Economists have been hailing its arrival for more than a year, but as the state's businesses report their strong results for 1994, the hard evidence to support the proclamations mounts. California's economy is healthy once again--and the numbers prove it.
November 19, 1993 |
Ending a nine-month competition between the governors of California and Virginia, the Danish toy maker Lego has decided to build a 40-acre, $100-million theme park in suburban Carlsbad rather than Prince William County, Va. At the request of Lego, which has guarded the selection process like a military secret, California state and local officials were asked to refrain from publicly rejoicing over the selection until a formal announcement is made at a news conference this morning.
July 10, 1998 |
It's only 3 p.m. but Mariel Devesa, an auditor with Deloitte & Touche, has already knocked off work for the day and is powering her colorful windsurfing board near the Huntington Beach Pier. Most of her colleagues are still poring over spreadsheets in their offices, but thanks to a flexible schedule, Devesa, the U.S. women's windsurfing champion, has completed her eight-hour workday. As she glides past flocks of surfers and sea gulls, the 23-year-old Devesa has her sights set on making the U.S.
March 19, 2000 |
Overtime after eight hours of daily toil is back in California. That means the state's workers may earn as much as $1 billion more annually than they did during each of the last two years, when overtime pay kicked in only after 40 hours a week, say supporters of the new daily overtime law. But some employers say the latest rules have proved so costly and confusing that they have cut wages and benefits, ended flexible scheduling and even eliminated jobs.
August 18, 1998
The following REITs are based in Southern California. The chart shows their closing prices as of Friday, their low and high share prices during the last year and their yield per share. *--* Ticker Friday Southern California REITs symbol Exchange close Low** High** Alexander Haagen Properties* ACH AMEX $13.13 $12.38 $18.25 Alexandria Real Estate Equities ARE NYSE 29.19 25.56 34.56 American Residential INV NYSE 8.56 8.13 16.75 Investment Trust Angeles Mortgage ANM AMEX 17.63 15.13 19.
June 11, 1991
High costs and a lack of political support are the major factors leading aerospace firms to move out of California, according to a study release recently by the Los Angeles Area Chamber of Commerce. The study, conducted for the chamber by the consulting firm McKinsey & Co. , estimated that as many as 150,000 aerospace jobs-and up to 250,000 jobs overall-could be lost in the state over the next five years if the state does not improve its business climate.
April 30, 1991 |
Operation Desert Storm may have done great things for the American consciousness, but it didn't do much for consumer spending. Unless you were a yellow-ribbon retailer, you probably didn't get much business in the past year or so. At least that's the conclusion anyone with a calculator would come to after a peek at last year's stock prices, a look at whose stock appreciated and whose fell to earth faster than a Scud missile.
March 27, 1989 |
Bert and Libby Smith didn't drive all the way from their home in Laguna Hills to San Ysidro last month simply to buy new shoes. But the Smiths, who were on their way back from a Mexican vacation, did leave the Bass Shoe factory outlet store in San Ysidro with two pairs of shoes that were marked down 25% from the suggested retail price.
May 1, 1990
Acuson Corp. MEDICAL IMAGING PRODUCTS 1220 Charleston Road Mountain View 94039 415-969-9112 Chief Executive: Samuel H. Maslak Exchange: NYSE Employees: 1,077 Hiring trend: Neutral Adia Services Inc. PERSONNEL SUPPLY SERVICES 64 Willow Place Menlo Park 94025 415-324-0696 Chief Executive: Walter W. Macauley Exchange: OTC Employees: 2,043 Hiring trend: Increasing Adobe Systems Inc. COMPUTER SOFTWARE 1585 Charleston Road Mountain View 94039 415-961-4400 Chief Executive: John E.