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 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.
October 23, 2007 |
Rocktober has swept Colorado, but more than 50,000 tickets remain unsold for the three World Series games that could be played between the Rockies and Boston Red Sox at Coors Field. With the Rockies' website under what team President Keli McGregor called "an external, malicious attack" Monday morning, the club was forced to temporarily suspend the sale of the tickets to its home games for the Series, which is being done exclusively online.