May 4, 2011 |
The Los Angeles Times posted an increase in Sunday circulation for the six months that ended March 31, while daily circulation continued to decline. Times Publisher Eddy W. Hartenstein said the figures were the best Sunday results in eight years. They also marked the smallest daily decline in six years. In an email to staffers, Hartenstein credited improved promotion of local stories, implementation of new digital delivery platforms and enhanced programs to maintain and recruit readers.
March 7, 2002 |
EchoStar Communications Corp. should be forced to offer uniform prices, new services and all local TV channels to buy the parent of rival satellite broadcaster DirecTV, U.S. senators said. Regulators reviewing the proposed $33.6-billion merger of EchoStar and Hughes Electronics Corp. should make the conditions legally binding or name a special overseer of a combined firm, Sen. Herbert Kohl (D-Wis.) said at a Senate judiciary subcommittee hearing.
September 9, 1994
Two familiar names from the converging entertainment-technology world have been named to head Gov. Pete Wilson's Information Technology Council--International Creative Management Chairman Jeffrey Berg and Oracle Chief Executive Larry Ellison. The council will work to ensure that California takes advantage of opportunities arising from the information revolution in areas ranging from education to the economy, Wilson said in a statement.
October 28, 2008 |
Facing falling revenue in a stalling economy, the Los Angeles Times on Monday laid off 75 editorial employees, part of a 200-person reduction that began last week. "The Times is no less immune to the twists and turns of the current economic situation than virtually all other businesses and institutions," Publisher Eddy W. Hartenstein said in a prepared statement. "As such, we continue to evaluate and realign our organization and operations."
December 19, 2009
The Justice Department's crackdown on stock-option backdating took a thunderous hit this month when U.S. District Judge Cormac J. Carney dismissed charges against three former Broadcom executives -- only one of whom was on trial at the time. The judge was so upset with the prosecutors' behavior, he even dismissed the Securities and Exchange Commission's lawsuit against the company. Carney's accusations of witness intimidation and tampering are serious enough to warrant an internal investigation by the Justice Department, and one is underway.
April 15, 2011 |
Accounting firm Ernst & Young must face a class action suit over option backdating at Broadcom Corp., a federal appeals court has ruled, saying the auditors knew or should have known about the resulting misrepresentations in the Irvine tech company's financial statements. A three-judge panel of the U.S. 9th Circuit Court of Appeals in San Francisco reinstated Ernst & Young as a defendant in the investor lawsuit, overturning a 2009 decision by U.S. District Judge Manuel L. Real.