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Led by Cecil Fielder's bid for a 1992 salary of $5.4 million, 12 players submitted arbitration figures Friday in excess of Doug Drabek's 1991 record award of $3.35 million. Drabek was one of the 12. In related developments: --Dick Schofield, one of six eligible Angels, averted arbitration when he agreed to a 1992 salary of $1.5 million. That represented a $100,000 raise for the shortstop who batted .225 last year.
April 26, 2014 | By Louis Sahagun
The Los Angeles Zoo's new Rainforest of the Americas exhibit doesn't open until Tuesday, but it is already filled with commotion. Dwarf caimans and a giant bird-eating spider were exploring the creature comforts of their enclosures this week. Construction workers were inspecting thermostats and water pumps. The $19-million exhibit at the Los Angeles Zoo and Botanical Gardens is the last in a series of major projects built under Phase 1 of the 47-year-old facility's master plan.
A jury Tuesday awarded nearly $6.3 million to three victims of a spectacular car collision in San Juan Capistrano that killed three teen-agers and injured other teens and adults. The crash occurred on the night of Feb. 27, 1987, when a carload of teen-agers in a parents' Mercedes, en route to a school dance, crossed the center line of Camino Capistrano a mile north of Junipero Serra Road and crashed into a Mustang heading in the opposite direction.
April 25, 2014 | By Emily Alpert Reyes
Los Angeles lawmakers gave the green light Friday to spend $10 million to repair broken sidewalks next to parks, libraries and other city facilities. Despite public demands for stepped-up sidewalk repairs, the action previously had been delayed because council members were concerned about how the spending might figure in negotiations to settle a related lawsuit. But with the 2013-14 budget year drawing to a close in two months, and chances increasing that the funds might not be spent as promised, the council decided to move forward.
April 13, 1993
Rexhall Industries Inc., a motor-home manufacturer still smarting from the recession, said it lost $1.02 million in the fourth quarter, compared to a year-earlier loss of $1.10 million. The Santa Clarita-based company said the latest loss in the quarter ended Dec. 31 came on a 36% drop in its sales, to $2.81 million from $4.38 million. For all of 1992, Rexhall lost $1.46 million, compared with a $1.15-million loss in 1991, and its annual sales tumbled 52%, to $12.4 million from $25.9 million.
August 12, 1992 | Reuters
The Justice Department said McDonnell Douglas Missile Systems had agreed to pay the federal government $1 million to settle claims that it had misrepresented costs in a contract with the Navy.
April 30, 1989
Paul Ostro of San Clemente has purchased the Tustin Corporate Center, 2552 Walnut Ave., Tustin, for $4.25 million. Grubb & Ellis represented both Ostro and the seller, Tustin Corporate Park Ltd., in the transaction. The 33,577-square-foot office park is fully leased and is anchored by Far Western Bank.
December 18, 2009 | By Ben Fritz
One of the most expensive movies of all time is poised for a huge box office debut this weekend, though nowhere close to breaking records. "Avatar" will probably gross about $80 million from Friday through Sunday in the U.S. and Canada, according to several people who have seen pre-release public surveys. With momentum from positive reviews, however, the people said the movie's ticket sales could end up even higher. People close to the studio said Fox executives are concerned about managing expectations for their costly picture going into the weekend.
November 4, 2009 | Meg James
Cost cutting, coupled with stronger results from Paramount Pictures, paid off in the third quarter as Viacom Inc. posted a 15% jump in profit despite lower advertising and home video sales. Credit "Transformers: Revenge of the Fallen" and "G.I. Joe: The Rise of Cobra" for helping to improve the company's financial picture, along with pay-TV operators who shelled out more money to carry Viacom's channels, including MTV, VH-1, Nickelodeon, BET and Comedy Central. For the quarter ended Sept.
November 21, 2009 | By Ben Fritz
"The Twilight Saga: New Moon" was on course to break two box-office records in one day. The second installment of the vampire saga broke the record for midnight ticket sales Thursday night and was expected to record the biggest single-day sales ever at the box office Friday evening. Gross receipts from midnight shows in the U.S. and Canada totaled $26.3 million, distributor Summit Entertainment reported Friday morning. On Friday evening, four people at competing studios who were following box-office returns said the movie was all but certain to gross more than $70 million by the end of the day. The previous record for single-day domestic ticket sales was $67.2 million, set by "The Dark Knight" in 2008.
April 24, 2014 | By Lee Romney
SAN FRANCISCO -- State Treasurer Bill Lockyer announced the approval Thursday of $75.3 million in grants that aim to stabilize residents with severe mental illness before they land in jail or suffer multiple hospitalizations. The 20 grants will go to 28 counties for new or expanded services. They will add 827 residential mental health beds and crisis "stabilization" beds, and pay for more than three dozen vehicles and five dozen staff members for mobile support teams, which often accompany local law enforcement to defuse tense situations and direct those in need to care.
April 24, 2014 | By Ryan Menezes
The family of a Transportation Security Administration officer slain in a shooting at LAX has filed a claim against the city, alleging the wrongful death of Gerardo Hernandez and seeking damages in excess of $25 million. The claim, filed April 16, can be a precursor to a civil lawsuit. The family alleges in the claim that city agencies failed to protect Los Angeles International Airport. The claim says city employees "failed in the performance of their duties which created a dangerous lapse in security" that led to Hernandez's death and delayed medical care to the injured.
April 24, 2014 | By Jim Puzzanghera
WASHINGTON - It's not difficult to get a bonus if you work for the Internal Revenue Service - even if you haven't paid your own taxes. The IRS handed out a total of nearly $1.1 million in bonuses in a 27-month period to more than 1,146 employees who had been disciplined for failing to pay taxes, according to an inspector general's report. "This is outrageous," said Rep. Sam Johnson (R-Texas). "The IRS is essentially telling its employees: Break the law and we will reward you. " The employees were among more than 2,800 at the agency who received performance awards within one year of disciplinary action, such as suspensions or written reprimands for drug use, filing fraudulent time sheets or other misconduct, the report found.
April 24, 2014 | By Tiffany Hsu
Simon Malls unveiled the $100-million expansion of its Desert Hills Premium Outlets in Cabazon on Thursday, allowing crowds of tourists and shoppers to stream into new off-price stores from Alexander McQueen, Valentino, Fendi and more. Fifty new outlet stores make up the 146,000-square-foot build-out. The McQueen store, along with the Helmut Lang and Belstaff shops, marks a first foray into the outlet world in the U.S. Simon also added a 1,100-space parking garage, new landscaping, lighting and wider walkways.
April 23, 2014 | By Christine Mai-Duc
The mother of a 17-year-old student who died when a FedEx freight truck slammed into a college-bound bus in Northern California, creating a fireball of wreckage, has filed a wrongful death lawsuit, claiming the company's vehicles have a history of catching fire. The lawsuit, filed Tuesday in Los Angeles County Superior Court, is the first to be filed since the April 10 collision, which occurred after the FedEx truck crossed a median. F ive students from Southern California high schools and three adult chaperons bound for Humboldt State University perished in the fiery crash, as did both the drivers.
April 23, 2014 | By David G. Savage
WASHINGTON - Victims of child pornography whose images of sexual abuse have circulated on the Internet may claim damages from every person caught with illegal images, the Supreme Court ruled Wednesday. But justices rejected the idea that a single person who possesses such images may be assessed the full amount due to the victim, setting aside a $3.4-million verdict against a Texas man in a favor of a woman whose childhood rape was photographed and widely circulated on the Internet.
November 24, 2009 | By Ben Fritz
Summit Entertainment's estimates of how many filmgoers outside North America saw "The Twilight Saga: New Moon" was low. Way low. After more information rolled in from overseas markets, the independent studio updated its estimate of ticket sales in the 24 countries where its blockbuster vampire movie played over the weekend. Its new opening weekend overseas total, $132.1 million, is $14 million, or 12%, higher than its estimate Sunday morning of $118.1 million. Combined with the newly updated domestic total of $142.
January 6, 2005 | By Joe Flint
Even the Maya would have struggled to forecast an opening weekend this big. Sony Pictures' "2012," the latest end-of-the-world epic from disaster director Roland Emmerich, took in $65 million in the U.S. and Canada and an earth-shattering $160 million elsewhere for a worldwide weekend total of $225 million. The 162-minute thriller, based on a purported Maya prophecy that the world will end Dec. 21, 2012, will easily make back its production and marketing costs for Sony long before that date rolls around.
April 23, 2014 | By Jerry Hirsch
General Motors' giant recall scandal looks to have a silver lining for GM dealers - millions of dollars in lucrative repair bills that their service departments can charge back to the nation's biggest automaker. The car company will pay dealers - independent businesses licensed to sell and repair GM vehicles - to fix up to 6 million vehicles recalled so far this year. The total includes 2.2 million of GM's Chevrolet Cobalt and other older vehicles equipped with a faulty ignition switch linked to 13 deaths.
April 23, 2014 | By Jim Puzzanghera, This post has been updated with the latest developments.
WASHINGTON -- The IRS paid a total of about $1.1 million in bonuses over about two years to more than 1,100 employees who had been disciplined for failing to pay their own taxes, according to an inspector general's report. Those employees also received awards of more than 10,000 hours of extra time off and 69 faster-than-normal pay grade increases. They were among more than 2,800 IRS employees during that period who got performance awards within one year of disciplinary action, such as suspensions or written reprimands, the report found.
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