March 26, 2014 |
About 150 employees at rocket engine maker Aerojet Rocketdyne in Canoga Park were told Wednesday that they would be laid off as part of a companywide reduction that the company says is related to last year's merger. Aerojet Rocketdyne was created by the sale of Rocketdyne to GenCorp Inc. for $550 million, a deal that was finalized last summer. It brought together two major California rocket companies - and longtime competitors. GenCorp already owned Aerojet, the Sacramento aerospace firm founded in 1942.
March 14, 2014 |
Keurig Green Mountain Inc. has struck a series of deals that will increase the kinds of company-approved coffee and tea that K-cup loving customers can buy. In one such deal, Seattle-based coffee giant Starbucks Corp. said Friday that it had agreed to end its status as the exclusive super-premium coffee brand for Keurig Green Mountain Inc. Starbucks said in a statement that the deal was made in exchange for Keurig expanding its range of Starbucks products. Friday's announcement indicates a bit of a course change for the companies.
March 10, 2014 |
CVS Caremark Corp. could face as much as $29 million in fines for allegedly losing track of prescription painkillers at four of its California stores, from which authorities said thousands of pills may have been sold on the black market. Officials at the U.S. Drug Enforcement Administration and the California Board of Pharmacy told me Monday that more than 37,000 pills were apparently taken from CVS stores in Modesto, Fairfield, Dixon and Turlock. Meanwhile, CVS pharmacists in Southern California said they've been instructed by the drugstore chain to get their paperwork in order so that no other prescription meds are found to be missing.
CALIFORNIA | LOCAL
March 9, 2014 |
One candidate to head the Los Angeles teachers union was laid off. Another was removed from the classroom for alleged misconduct. A third lost his position when his school was restructured with new staff because of low test scores. A fourth is an elementary school counselor who must shuttle between two campuses. Ten candidates are vying to be the next president of United Teachers-Los Angeles, the nation's second-largest teachers union. Their misfortunes run the gamut of what can go wrong for teachers, especially in recent times.
March 5, 2014 |
Rancho Feeding Corp., the Bay Area slaughterhouse that recalled nearly 9 million pounds of beef products last month, sold meat that came from cows with cancer, according to documents obtained by The Times. In a Jan. 14 suspension letter, the U.S. Department of Agriculture's Food Safety and Inspection Service said that an investigation of Rancho Feeding Corp. showed the company sold cattle "likely affected with epithelioma of the eye. " Regulators said they found two cattle heads that had made it to market intact and with "skin still attached, and had no incisions for the four pair of lymph nodes on the head, which normally are incised for inspection.
March 4, 2014 |
Over a period of several decades, the U.S. Army Corps of Engineers encased the Los Angeles River in concrete to protect the region against the kind of flooding that had surprised and damaged the city in the 1930s - but also, crucially, to withstand the rare but even more torrential floods that were known to sweep across the basin every generation or so. The Army Corps did its job too well, and its top thinkers and planners now acknowledge that flood...