April 5, 1996 |
Trans/Pacific Restaurants Inc., which operates 40 restaurants in California and Hawaii, on Thursday filed for protection from creditors through U.S. Bankruptcy Court in Santa Ana. "Although this was an extremely difficult decision, our analysis showed that it was a necessary one," said Trans/Pacific President and Chief Executive Ronald F. Higgins, who linked the filing to "increased competition . . . and the severity of the downturn in both the Hawaiian economy and tourism."
February 28, 2011 |
Tax preparation will be more complicated this year for some small-business owners. State rules have been newly tightened because of California's budget shortfall. And talk about new ? some federal tax incentives were not passed until just days before the end of 2010. "Literally, we couldn't file individual returns that had itemized deductions a week ago because the forms weren't ready because the politicians in Washington jerked around until December to make this thing happen," said Robert S. Seltzer, a certified public accountant in Beverly Hills whose clients include small-business owners and entertainment industry professionals.
CALIFORNIA | LOCAL
March 29, 2011 |
Three hospital district executives have emerged as among the highest-paid public employees in California, according to a state report, including an official in San Diego County who made more than $1 million in 2009. Palomar Pomerado Hospital District Chief Executive Michael Covert's pay is the highest out of thousands of special-district employees covered so far in a database compiled by State Controller John Chiang. The database now includes compensation figures for all employees of California cities and counties and many of its special districts.
August 11, 1985
Work will start this month on the initial phase of a planned 780-home development in Tehachapi, with models expected to be ready im November. The Tehachapi Planning Commission has approved the 140-acre development west of Curry Street between Pinon Street and Highline Road. The $50-million project will include 490 single-family homes, 290 multifamily attached units and a 10-acre convenience shopping center. The project is a joint venture of the Barmakian Co.
July 17, 1985 |
The idea of requiring new state and local workers to participate in the federal Social Security program, a provision of the new House budget offer, is likely to ignite strong opposition in California, Rep. Bobbi Fiedler (R-Northridge) said Tuesday. Only a third of the state's 1.5 million public employees are covered by Social Security and those who are see their pensions reduced by up to $133 a month, according to state figures provided to Fiedler.
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.
May 25, 1990 |
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 |
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.