October 8, 2013 |
Five years after Washington bailed out more than 700 banks, the money has become a burden for more than 100 community banks that can't seem to repay it. About a dozen of those are in California, and they are facing increasing pressure as the federal government looks to close out the Troubled Asset Relief Program, or TARP. The banks will soon face a big increase in the annual dividend they must pay the government on its investment - to 9% from 5%. Some of the banks will have to sell out or bring in new shareholders - who might demand control of the institution in exchange for the cash infusion.
September 29, 2013 |
PESHAWAR, Pakistan - A massive car bomb in Peshawar, the third in a particularly bloody week for the northwestern Pakistani city, killed at least 43 people and wounded more than 100 on Sunday in a crowded market about 350 yards from where a memorial service was being held for the victims of last week's church bombing. Shafqat Malik, the head of the local bomb squad, said the bomb was planted in a car parked in front of a small hotel in the Qissa Khawani bazaar, the city's oldest and one of its biggest.
September 28, 2013 |
ATHENS - The leader and other top officials of Greece's far-right Golden Dawn party were arrested Saturday on suspicion of forming a criminal organization, the first such arrests since democracy was restored here in 1974. In all, 19 lawmakers, members and collaborators of the neo-Nazi party were detained and dozens more arrests were expected, police said. The sweep marked a sharp escalation in the government's drive to defang Golden Dawn after a party sympathizer confessed to fatally stabbing an anti-racist musician Sept.
September 25, 2013 |
Nearly a dozen of the largest Syrian rebel groups, including one linked to Al Qaeda, have formed an Islamic alliance that could serve as the basis for a future political bloc and have denounced the Western-backed Syrian National Coalition. The bloc explicitly called for sharia , or Islamic law, to be the sole source of legislation in Syria, which for decades has been governed under iron-fisted secularism by President Bashar Assad and his late father, Hafez Assad. Members of the alliance said Wednesday that an Islamic state represented the true wishes of the majority of Syrians, but added that it would not be forced upon people.
September 25, 2013 |
Location manager Brian O'Neill needed a location to film a wedding scene for the upcoming move "The Wedding Ringer," and he knew just the place: Hollywood United Methodist Church at the corner of Franklin and North Highland avenues. With its Gothic Revival cathedral, stained-glass windows, breezy courtyards and lush gardens, the church would be an ideal setting for the Screen Gems movie, in which comedian Kevin Hart runs a wedding consulting business. But there was another reason to select the church for the upcoming wedding scene.
September 24, 2013 |
UNITED NATIONS -- Signaling that he may be serious about cooperating with the United States and averting military strikes against his government, Syrian President Bashar Assad has disclosed the locations of “dozens” of chemical weapons production and storage sites to international inspectors, Western officials said Tuesday. Officials familiar with Assad's disclosure -- the first step in complying with an ambitious U.S.-Russian plan to seize or destroy his chemical weapons by mid-2014 -- described it as “a serious document” that comprises scores of pages and is “surprising” in its thoroughness.
CALIFORNIA | LOCAL
September 20, 2013 |
Authorities handed out dozens of citations at Los Angeles International Airport this week in an operation that focused on limousine, taxi and van drivers. Law enforcement officers from several different agencies conducted the sting operation at three locations around the airport from 8:30 a.m. to 12:30 p.m. Thursday. There were random stops for commercial ground transportation vehicles. "This operation is part of a proactive approach by Los Angeles Airport Police and our partner agencies to provide the traveling public with safe commercial transportation to and from LAX," Los Angeles Airport Police Chief Patrick Gannon said in a statement.
September 19, 2013 |
MEXICO CITY - Rescue teams were searching Thursday for an estimated 68 people believed buried in a mudslide after multiple storms battered large swaths of Mexico, killing nearly 100 people nationwide and leaving thousands stranded or homeless. While much attention was focused on tourists caught in the Pacific resort of Acapulco, grimmer reports emerged from villages in that hard-hit region of Guerrero state, which were largely cut off from aid and may have suffered large-scale devastation.
September 19, 2013 |
MEXICO CITY -- Rescue teams were searching Thursday for at least 58 people believed buried in a mudslide after multiple storms battered large swaths of the country, killing nearly 100 people nationwide and leaving thousands stranded or homeless. While much attention was focused on tourists caught in the Pacific resort of Acapulco, even grimmer reports emerged from that hard-hit region, where villages were largely cut off from aid and may have suffered large-scale devastation. Luis Felipe Puente , national Civil Protection coordinator, said in a television interview that the death toll climbed Thursday to 97 people in nine states.
September 14, 2013 |
At least 35 people were injured after a Greyhound bus crashed in southwest Ohio early Saturday morning, officials said. No one was killed. The bus was carrying 51 passengers an overnight trip from Cincinnati to Detroit when it left the road on Interstate 75 in Butler County at 3:48 a.m., Jeff Galloway, the director of Butler County Emergency Management, told the Los Angeles Times. The bus went down an embankment along the interstate, struck a tree and then rolled over out into a cornfield.