August 22, 2012 |
Even Wall Street has doubts about how the stock market is structured, according to a recent financial industry survey. The survey found that 26% of respondents from brokerages, hedge funds, vendors and other firms had "very weak" confidence in Wall Street's market structure, up from 3% in 2010. The survey -- by the TABB Group, a Wall Street research and consulting firm -- was conducted in early August following Knight Capital Group's trading debacle, in which a software glitch sent a flood of errant trades into the stock market and saddled the brokerage with a nearly fatal $440-million loss.
January 9, 2014 |
Five quick reactions to the Coachella 2014 lineup announcement. 1. The Daft Punk factor : The presence of vocalist/Neptune/producer Pharrell Williams as a headliner is notable for a few rumor-fueling reasons. First, he's not necessarily performing in support of a new solo album, but he's been ubiquitous on the charts over the last year. Among his most prominent hits? His vocals on two tracks on Daft Punk's “Random Access Memories,” most memorably “Get Lucky.” That fact will no doubt spark rumors that the two Frenchmen might make a cameo.
February 12, 2014 |
Toyota Motor Corp. on Wednesday announced a massive global recall of its popular Prius hybrid to fix a software glitch that could cause the car to stall. The Japanese automaker also launched a recall of about 260,000 RAV4 sport-utility vehicles, Tacoma trucks and Lexus RX350 SUVs sold in the United States to address a separate issue. The Prius recall includes 1.9 million vehicles sold from 2010 through 2014 model years. It involves about 1 million cars in Japan, some 700,000 in North America and the rest from Europe and other regions.
January 1, 1999 |
If you thought solving the year 2000 computer glitch was going to be tricky, wait till you hear about the year 1999 problem. Never heard of it? Neither had Marietta Nelson--who now wishes she hadn't. A reference librarian at the National Institute of Standards and Technology in Gaithersburg, Md.--one of two official U.S. timekeepers--Nelson routinely fields queries from people wondering how to correctly express times and dates.
CALIFORNIA | LOCAL
September 28, 1997 |
The court-appointed manager of a bankrupt Reseda nursing home that abruptly evicted its 63 residents Friday night had failed in last-minute negotiations to sell the facility and contends that there was not enough cash to run it even one more day, authorities said Saturday. Two other nursing homes owned by the Scottsdale, Ariz.-based Phoenix Health Group, in Alta Loma and Long Beach, could face closures this week, depending on the outcome of a Monday morning hearing in U.S.
CALIFORNIA | LOCAL
November 5, 2008 |
A signaling malfunction Tuesday delayed Metrolink trains throughout Southern California for about six hours, officials said. The problem was traced to a data transmission line that connects the Metrolink dispatch center to a mountaintop radio-control station, said Francisco Oaxaca, a Metrolink spokesman. Delays of 35 to 75 minutes began about 7 a.m. and ended about 1 p.m., Oaxaca said. The ripple effects caused some trains to run behind schedule into the evening. The number of passengers affected was not available, but the delays hit the entire system, Oaxaca said.
April 13, 2009 |
The literary community was up in arms over the weekend after discovering what was perceived to be a new policy implemented by online retailer Amazon.com to remove books with "adult" content from its rankings. On Saturday, author Mark R. Probst noticed that his young adult novel, "The Filly," which includes gay characters, had lost its ranking, so he made inquiries. The response he received from Amazon's customer service explained: "In consideration of our entire customer base, we exclude 'adult' material from appearing in some searches and best seller lists.
CALIFORNIA | LOCAL
October 6, 2002 |
A key Ventura County hearing on the proposed 3,050-home Ahmanson Ranch project is being delayed to give the public more time to review environmental documents. The hearing, slated for Wednesday, will be held on Oct. 14 because defects have been found on compact discs containing a 4,000-page environmental study, said Bruce Smith, a planning manager.
September 26, 2004
Regarding "New Polish on a Treasured Mission Jewel" [Weekend Escape, Sept. 12]: In July I boarded Amtrak with my two granddaughters at the Solano Beach station. After spending five minutes in seats, we and everyone else in the car were told to move. We could find no seats, so we stood for 1 1/2 hours. The stairs were full -- kids were sitting in baggage racks. In San Juan Capistrano, a conductor told us there was an empty car, four cars back. That is where we had been seated at the start of our trip.