June 20, 1994 |
A carnival of humanity with soccer as catalyst swept joyfully through the nation's capital Sunday. But Norway short-circuited the fiesta with a late goal that spoiled Mexico's first World Cup game since 1986. The 1-0 final under brutal playing conditions at RFK Stadium--96 degrees at the start of the game--established the credentials of both sides in Group E, the Cup's toughest division.
April 16, 2002 |
General Electric Co.'s huge financing arm said Monday that it is eliminating 7,000 jobs and otherwise slashing costs by $1 billion this year, raising more questions about the unit's stalled growth and the potential effect on GE's overall performance. The job cuts, which equal 8% of the 90,000-person global work force of GE Capital Services, were disclosed by the division's chief financial officer, James Parke, during a meeting with bond analysts in New York.
September 24, 1994 |
Gerry Adams, leader of the political arm of the outlawed Irish Republican Army, has been granted a visa by the U.S. Embassy in London for a 14-day visit to the United States, embassy officials announced Friday. Adams' Sinn Fein party said he will depart today for Boston, where he is expected to meet with Sen. Edward M. Kennedy (D-Mass.) and then visit eight other U.S. cities.
CALIFORNIA | LOCAL
March 17, 2010 |
Billionaire gubernatorial candidate Meg Whitman has addressed potential conflicts created by her broad holdings in businesses regulated from Sacramento -- distressed mortgages, oil exploration and alternative energy among them -- by suggesting that she would place her entire portfolio in a blind trust if elected. But unloading that political baggage may not be easy. Whitman's vast fortune is spread across scores of carefully guarded funds that function as money harbors for the world's wealthiest individuals, and they can't be liquidated quickly.
January 26, 2013 |
The gig : Andrew Wiederhorn is the chairman and chief executive of Fatburger Inc., a fast-food restaurant chain based in Beverly Hills. The first Fatburger opened on Western Avenue in Los Angeles in 1947 and gained notoriety when rappers Ice Cube, Tupac Shakur and the Notorious B.I.G. all mentioned the restaurant in songs. Since 2003, Fatburger has been owned by Fog Cutter Capital Group Inc., a Santa Monica investment company of which Wiederhorn is also chairman and CEO. Self-starter : Wiederhorn grew up in a single-parent family in Portland; his father died when he was age 9. In high school, he hired a lawyer to help him get permits to rent out jet-skis on the Willamette River.
June 16, 2013 |
LAS VEGAS - He's the biggest nightclub owner in Los Angeles, the man whose Hyde Lounge and Shelter became prime hunting grounds for the paparazzi. He's been photographed cozying up with Paris Hilton, Kristin Cavallari and Sofia Vergara. When HBO's "Entourage" needed a club owner, he got the part - playing himself. Now Sam Nazarian is moving to shed his party boy image and become a Vegas mogul, hoping to parlay his success in L.A.'s fiercely competitive club scene into the cutthroat world of casinos.
April 10, 2014 |
Designs for the long-anticipated Beverly Hills Waldorf Astoria, the luxury chain's first new U.S. outpost west of Chicago, have been unveiled with a flourish by local hotelier Beny Alagem. The 12-story Waldorf Astoria will stand at the intersection of Santa Monica and Wilshire boulevards next to the Beverly Hilton hotel. It will be a flagship for the Hilton company's top hotel brand, said Christopher Nassetta, chief executive of Hilton Worldwide. "When we are done, this will be one of the great hotels in the world," he said.
CALIFORNIA | LOCAL
February 2, 2008 |
Lovie Yancey, founder of the Fatburger restaurant chain, which began with a popular post-World War II hamburger stand in South Los Angeles, has died. She was 96. Yancey, who had pneumonia, died Jan. 26 at Olympia Medical Center in Los Angeles, said her daughter, Gwen Adair. Yancey had already operated a restaurant in Tucson and was living in Los Angeles in the late 1940s when she began thinking about launching a new food business.
September 19, 1986
Steve Penn has been named project manager for Home Capital Development Group.
January 23, 1985
Don R. Conlan has been elected president and a director of Capital Group Research Inc., a newly created investment research company within Capital Group Inc., a Los Angeles-based group of investment management companies. He remains Capital Group's chief economist and president and a director of Capital Strategy Research Inc., a subsidiary involved in international economic, government and political research. Conlan is the current chairman of the Conference of Business Economists.