SPORTS
May 23, 2012 | By Sam Farmer
The NFL Players Assn. has accused the NFL of putting a secret salary cap in place in the uncapped 2010 season — a violation of antitrust laws — and is seeking monetary damages that could climb into the billions. The union filed suit against the league Wednesday in U.S. District Court in Minnesota, accusing the NFL of collusion for conspiring to set a $123-million cap for 2010, when owners would have required the consent of players to do so. The NFL flatly denied the claim.
NEWS
May 21, 2012 | By David Ng
The magnitude 6.0 earthquake that hit northern Italy early Sunday has claimed the lives of six people and has caused widespread damage. Among the most badly hit sites were a number of cultural heritage structures, according to reports. Italy's cultural ministry said that "after an initial survey, damage to cultural patrimony appears significant. " One of the hardest hit areas was San Felice sul Panaro, a town near Bologna, which saw serious damage to a 14th century castle and to churches that housed valuable paintings and frescoes.
CALIFORNIA | LOCAL
May 18, 2012 | By Richard Winton, Los Angeles Times
The parents of two USC graduate students slain near the campus last month have filed a wrongful death lawsuit against the university, saying the school misled them when it claimed that it ranks among the safest in the nation. Ming Qu and Ying Wu, both 23-year-old electronic engineering students from China, were fatally shot April 11 while sitting in a parked BMW in the 2700 block of Raymond Avenue. No arrests have been made, but Los Angeles police say they believe the killings were the result of a robbery gone wrong.
CALIFORNIA | LOCAL
May 12, 2012 | By Chris Megerian, Los Angeles Times
SACRAMENTO - Sensitive personal information for more than 700,000 people who provide or receive home care for the elderly and disabled may have been compromised when payroll data went missing in the mail, state officials revealed Friday night. The breach occurred whenHewlett-Packard, which handles the payroll data for workers in California's In-Home Supportive Services program, was shipping information including Social Security numbers to an office in Riverside last month. The package arrived damaged and incomplete.
BUSINESS
May 12, 2012 | By Jim Puzzanghera and Andrew Tangel, Los Angeles Times
WASHINGTON - The $2-billion trading loss at JPMorgan Chase & Co. rekindled fears about the stunning risks still being taken on Wall Street, reviving demands for tougher financial rules and calls for the nation's biggest banks to be broken up. U.S. and British regulators said they were investigating the huge loss in a trading portfolio at JPMorgan. The bank saw its stock tumble 9% on Friday, the day after it disclosed that traders in New York and London had made misguided investments in complex derivatives in an effort to hedge against losses.
CALIFORNIA | LOCAL
May 11, 2012 | By Louis Sahagun, Los Angeles Times
Despite strong opposition from environmentalists, the state Assembly on Thursday approved controversial legislation that allows a solar energy developer to bypass local agencies in seeking to build a large-scale power plant in a valley that is home to desert tortoises, golden eagles and bighorn sheep. The nation's leading environmental groups see K Road Power's proposed 663-megawatt Calico Solar plant as one of the most ecologically damaging renewable energy projects in the California desert.