YOU ARE HERE: LAT HomeCollectionsNews Report

News Report

December 6, 2011 | Bloomberg News
Federal Reserve Chairman Ben S. Bernanke said recent news articles about the central bank's emergency lending contain "egregious errors. " "The articles recycle information that has been disclosed to the Congress and the American people in various forms for some time," Bernanke said in letters to Senate Banking Committee Chairman Tim Johnson (D-S.D.) and the three other senior lawmakers who oversee the Fed. The Fed posted the letters and an accompanying four-page staff memo on its website Tuesday.
October 1, 2011 | By Brian Bennett, Los Angeles Times
In the wake of the U.S. drone strike in Yemen that killed two Americans linked to Al Qaeda, U.S. intelligence officials were attempting to confirm reports that an inventive Saudi bomb maker for the terrorist organization also was among the dead. News reports said one of at least two other men killed in the CIA-led operation Friday was Ibrahim Hassan Asiri, a fugitive whose signature bomb-making style has linked him to multiple attacks that were directed by the offshoot group Al Qaeda in the Arabian Peninsula.
August 23, 2011 | By Andrea Chang, Los Angeles Times
Shares of 99 Cents Only Stores Inc. surged Monday after a report that the City of Commerce discount chain would receive a new buyout offer. The company's stock rose $1.42, or 8.6%, to $18. Private equity firm Apollo Global Management has been courting 99 Cents Only and plans to make an offer for the chain, according to a news report. The bid would rival a $1.3-billion buyout proposal that 99 Cents Only received in March from the company's founding family and a Los Angeles investment firm.
July 29, 2011 | By David Zucchino, Los Angeles Times
The chief of staff for rebel forces fighting to overthrow Libyan leader Moammar Kadafi was attacked and killed Thursday, according to the rebels' leadership council. In a terse announcement that left many questions unanswered, the president of the council said Gen. Abdul Fatah Younis and two other commanders were killed as they returned from the eastern front near Port Brega to Benghazi, the de facto rebel capital. Reading haltingly from a brief communique, Mustafa Abdul Jalil, president of the Transitional National Council, said pro-Kadafi gunmen had infiltrated rebel-held areas, but he did not specifically blame them for the killings.
June 9, 2011 | By Roula Hajjar and Borzou Daragahi, Los Angeles Times
Gunmen in "military uniform and government cars" were responsible for the recent killings of as many as 120 Syrian security forces in the northwestern city of Jisr Shughur, the official Syrian Arab News Agency said Wednesday. The news agency's statement could signal a dramatic division within Syria's security forces and lend credence to opposition claims of clashes between forces loyal to President Bashar Assad and those refusing to take part in a violent crackdown against pro-democracy demonstrators.
June 5, 2011 | By Mark Magnier, Los Angeles Times
An overnight attack by an unmanned aircraft killed Ilyas Kashmiri, an Al Qaeda-linked operative blamed for several high-profile attacks in Pakistan and India, local news reports and a statement by his banned militant organization said Saturday. If borne out, this would be the second major U.S. anti-terrorism coup in quick succession, coming just a month after the killing of Al Qaeda leader Osama bin Laden by Navy SEALs. Analysts had identified Kashmiri as a possible Bin Laden successor.
May 28, 2011 | By Barbara Demick, Los Angeles Times
North Korea released a California businessman who had been imprisoned since November and reportedly faced charges of proselytizing, which is illegal in the country, according to wire service reports. Jun Young-su of Orange County was released on humanitarian grounds, according to the official Korean Central News Agency. He arrived in Beijing early Saturday, the Associated Press said. Jun, also known as Eddie, is reportedly about 60 years old and a naturalized U.S. citizen. He was working legally in North Korea when he was detained.
May 21, 2011 | By Barbara Demick, Los Angeles Times
Ai Weiwei, the dissident artist whose arrest has prompted an international outcry, is being charged with evading "huge amounts" of taxes, Chinese state media reported late Friday. The brief dispatch on the New China News Agency was the first official disclosure of the charges being leveled against the 54-year-old artist, who was arrested without warning at Beijing's international airport April 3. The report also said that his company, Beijing Fake Cultural Development Ltd., had "intentionally destroyed accounting records" and committed other criminal acts.
May 11, 2011 | James Rainey
The news that Arnold Schwarzenegger and Maria Shriver have split could not help but bring back memories of the reporting 7 1/2 years ago in this newspaper about Schwarzenegger's aggressive, loutish behavior toward women. No reason has been stated for the breakup between the former governor and California's former first lady. And maybe no cause will ever be revealed, though the stature of the two media-political heavyweights guarantees that there will be plenty of reporting and speculation.
April 19, 2011 | By Amina Khan, Los Angeles Times
A 9-year-old boy saved his drowning sister by administering CPR -- which, he says, he learned by watching television. Tristin Saghin and his family were visiting his grandmother in Mesa, Ariz., when his grandmother and mother suddenly realized that the 2-year-old girl had gone missing. They ran outside and found her floating in the swimming pool. As his elders called for help, Tristin began performing chest compressions and mouth-to-mouth on the toddler, according to the ABC15 news report . "I knew what I was doing," he is reported to have said.
Los Angeles Times Articles