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NEWS
December 17, 1986
Lear Siegler, the Santa Monica conglomerate that has been a takeover target for the last two months, agreed today to be acquired by the New York investment firm of Forstmann, Little & Co. and by some members of Lear Siegler's management for $2.1 billion. The buy-out group said it will pay $92 cash for each of Lear Siegler's outstanding 17.8 million common shares and $230 cash for each of the company's 175,000 outstanding preferred shares.
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NEWS
May 25, 1990 | From Times Staff and Wire Reports
Black state employees in California are more than three times as likely as Anglo workers to be disciplined or fired, according to a two-year state Personnel Board study. Blacks make up less than 12% of the state government work force in California, but they accounted for 38% of the firings and 33% of the dismissals during probation, according to a report on the study. Latino workers also are disciplined more often than Anglos, the report concluded.
CALIFORNIA | LOCAL
March 28, 2001
Nearly 530,000 teachers, administrators, custodians and other school employees across California will receive cash bonuses of almost $600 because their campuses significantly boosted test scores, state officials announced this week. The one-time rewards will reach employees at 4,502 schools--more than half of the state's campuses--as early as next month. Every employee at the schools will receive money under the $350-million program, known as the School Site Employee Performance Bonus.
CALIFORNIA | LOCAL
December 11, 2008 | Gale Holland
Student employees at California State University called off a threatened strike Wednesday after Darrell Steinberg, the new state Senate president pro tem, offered to mediate between the union and the college system. United Auto Workers Local 4123, representing about 6,000 students working as teaching and research assistants and tutors, is asking the university to give its members free tuition and fees, a benefit extended to other Cal State employees. The university says it can ill afford the estimated $8-million to $11-million cost of the proposal in the middle of the deepening state budget crisis.
BUSINESS
August 5, 2003 | From Times Staff and Wire Reports
Tenet Healthcare Corp., the nation's second-largest hospital operator, said Monday that it was strengthening its compliance team. The Santa Barbara-based company, which has 40 hospitals and 35,000 employees in California, has been the subject of several regulatory investigations into its billing and recruiting practices Tenet named Cheryl Wagonhurst, 43, its chief compliance officer. She will oversee a 40-person team that will include clinicians, accountants and legal experts.
NEWS
May 6, 1995 | From Associated Press
California should link pay raises to performance and eliminate tenure for its 185,000 Civil Service workers, a government watchdog panel is recommending. The Little Hoover Commission also recommended turning more public work over to private industry, going outside Civil Service to hire government supervisors and making it easier for the state to promote and fire state employees. "California's Civil Service system . . .
BUSINESS
July 27, 2012 | By Shan Li, Los Angeles Times
Putting aside their big-box ways, giant retailersWal-Mart Stores Inc.andTarget Corp.are going urban with a new look and a metro-oriented feel as they expand in Southern California, starting this weekend. Locally grown produce is in plentiful supply. Grab-and-go sandwiches are ready. And many of the shopping carts are smaller. Grand opening signs are in place. Patio furniture is nowhere in sight. The discount chains are hustling to expand as big-box retailers race to slide smaller stores into dense city neighborhoods, putting them head-to-head against dollar stores and local markets already there.
CALIFORNIA | LOCAL
September 5, 2012 | By Jason Song and Richard Winton, Los Angeles Times
A Los Angeles County probation officer was arrested Tuesday for allegedly filing nine fraudulent workers' compensation claims over the last three years. Rochelle Williams of Inglewood, a six-year Probation Department employee who placed youths in foster homes and other facilities, was taken into custody at the agency's Downey headquarters by probation employees and California Department of Insurance investigators. Williams, 35, is accused in 27 felony counts of forging departmental as well as medical documents, including signatures, to support her claims.
CALIFORNIA | LOCAL
August 6, 2013 | By Paloma Esquivel
The city of Santa Ana has hired away Phoenix's city manager and has agreed to a salary and benefits package of more than $500,000, making him one of the highest paid city employees in California. David CavazosĀ is a long-time Phoenix city employee who rose through the ranks from intern to city manager over 26 years. In Santa Ana, he will earn a base salary of $315,000, the same base amount he made as manager in Phoenix, which has a population of 1.47 million. Santa Ana has a population of about 330,000.
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