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BUSINESS
December 24, 2005 | From Reuters
Ford Motor Co. has injected an additional $2.1 billion into Jaguar Cars to cover heavy losses and investment write-downs at its British luxury car subsidiary, the company said Friday. The move marks the second time in two years that the No. 2 U.S. carmaker has had to put more money into Jaguar, which has battled weak sales. Ford is set to announce next month sweeping job cuts and plant closures in North America to address mounting losses in its car business there.
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BUSINESS
December 24, 2005 | From Reuters
Ford Motor Co. has injected an additional $2.1 billion into Jaguar Cars to cover heavy losses and investment write-downs at its British luxury car subsidiary, the company said Friday. The move marks the second time in two years that the No. 2 U.S. carmaker has had to put more money into Jaguar, which has battled weak sales. Ford is set to announce next month sweeping job cuts and plant closures in North America to address mounting losses in its car business there.
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AUTOS
September 14, 2005 | DAN NEIL
BOTH are four-door, six-figure super-sedans -- block-long saloon cars floating on computer-controlled air suspensions and rolling on the most aggressive wheel packages this side of a Roman chariot race. Both have more horses than the back lot of Republic Pictures, more valves than the Stanford marching band, more gears than a tourbillon watch, more lumber than the Dodgers dugout. More, more, more, and faster.
AUTOS
September 14, 2005 | DAN NEIL
BOTH are four-door, six-figure super-sedans -- block-long saloon cars floating on computer-controlled air suspensions and rolling on the most aggressive wheel packages this side of a Roman chariot race. Both have more horses than the back lot of Republic Pictures, more valves than the Stanford marching band, more gears than a tourbillon watch, more lumber than the Dodgers dugout. More, more, more, and faster.
NEWS
September 12, 2001 | John O'Dell
If this is the future, prepare for sleek to get more muscular in forthcoming Jaguars. The venerable British marque (now part of Ford Motor Co.'s Premier Automotive Group) introduced the R-Coupe concept Tuesday at the Frankfurt International Motor Show, calling it a demonstration of how Jaguar's design philosophy might develop.
CALIFORNIA | LOCAL
August 10, 1988
A Simi Valley man has been charged with forgery and grand theft in a scheme in which $837,156 was funneled from his employer to himself and two friends, authorities said Tuesday. Richard Alan Farquar, 42, who worked for an insurance company, was charged Friday with 10 counts of forgery and one count of grand theft, said Los Angeles County Deputy Dist. Atty. Robert Youngdahl. Farquar was being held without bail at the Van Nuys jail pending sentencing Aug.
NEWS
September 27, 1987 | DAVID JOHNSTON, Times Staff Writer
What some charities are doing "is selling their name for 10 cents on the dollar. They don't control the store, they don't hire the solicitors, they just let (operators) use their name." In the beginning, the Ellisons salvaged troubled souls. Now they make fortunes in salvage.
NEWS
August 31, 1995 | From The Times Washington Bureau
BUM PREMISE: If Washington debate always has a fudge factor, welfare reform has become the rhetorical equivalent of chocolate blackout cake. The latest example comes from figures that Sen. Daniel Patrick Moynihan (D-N.Y.) touted weeks ago before the Senate postponed action on welfare legislation until September.
BUSINESS
September 2, 1991 | JAMES BATES
A morale-boosting memo sent to Wells Fargo & Co. managers recently by Chairman Carl E. Reichardt and President Paul Hazen downplaying the impact of BankAmerica's proposed acquisition of Security Pacific described the deal as "the first merger of two major California banks since Wells Fargo acquired Crocker in 1986." Some might quibble with that. In 1988, California First Bank in San Francisco bought Union Bank, also of San Francisco, for more than $737 million. That's not too far off the $1.
BUSINESS
April 4, 2006 | From Reuters
The biggest news from Goldman Sachs Group's annual meeting last week wasn't an exchange over environmental policy or chief executives' compensation: It was the absence of Evelyn Y. Davis, the shareholder gadfly who has vexed corporate America's biggest bigwigs for four decades. In the otherwise routine and dull world of annual meetings, Davis adds a dash of chaos.
NEWS
September 12, 2001 | John O'Dell
If this is the future, prepare for sleek to get more muscular in forthcoming Jaguars. The venerable British marque (now part of Ford Motor Co.'s Premier Automotive Group) introduced the R-Coupe concept Tuesday at the Frankfurt International Motor Show, calling it a demonstration of how Jaguar's design philosophy might develop.
CALIFORNIA | LOCAL
April 10, 1993 | GARY GORMAN, TIMES STAFF WRITER
An Oxnard insurance executive who confessed he was driven by "pure greed" was sentenced Friday to four years in prison for stealing more than $1.5 million in premium payments. James D. Ismay, 53, rubbed his eyes as Ventura County Superior Court Judge Allan L. Steele denied a plea from Ismay's attorney for a year in County Jail and five years' probation. "The reality is that Mr. Ismay, over a considerable period of time, appropriated a very considerable amount of money," the judge said. "Over $1.
NEWS
September 30, 1990 | JOSH MEYER, TIMES STAFF WRITER
Street violence in Hollywood, a growing menace as gang activity escalates in the faded movie capital, claimed another victim Saturday and left seven others injured. Six people were struck by bullets--including one fatally--fired by gang members in a passing car into a crowd outside an apartment building, and two teen-agers were shot after a street fight on Hollywood Boulevard, police said. Three people also were killed in unrelated incidents in other Los Angeles County localities.
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