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CALIFORNIA | LOCAL
February 15, 2013 | By Anthony York, Los Angeles Times
SACRAMENTO - An administrator at California's parks department who authorized illegal vacation buyouts for employees has agreed to pay a $7,000 fine imposed by the state's ethics watchdog agency. The Fair Political Practices Commission announced the action against Manuel Thomas Lopez, 45, in a case that helped lead to a broader financial scandal that cost top parks officials their jobs. Lopez was deputy director of the department's Administrative Services Division. In a scheme he authorized, employees cashed in more than $285,000 worth of accrued vacation time.
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BUSINESS
March 25, 2014 | By Marc Lifsher
SACRAMENTO - Proposed legislation aimed at providing more tax credits to attract so-called runaway movie and television productions back to the industry's birthplace in California won initial approval from a legislative committee Tuesday. The proposal would renew and increase a state tax credit - amounting to as much as $400 million a year - to better compete with generous tax subsidies available in more than 40 states, including New York, Louisiana, New York and Michigan, as well as studios in Canada and Britain.
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NEWS
February 16, 1986 | Associated Press
The $3-billion merger of Occidental Petroleum and the MidCon Corp. will be allowed to proceed under a consent agreement approved Friday, the Federal Trade Commission announced.
CALIFORNIA | LOCAL
November 8, 2013 | By Cindy Chang
California voters are generally welcoming toward immigrants who are in the country illegally, but a wide gap exists between whites and Latinos on some new laws hailed by Gov. Jerry Brown when he signed them last month, according to a USC Dornsife/Los Angeles Times poll. The groups differ most on allowing immigrants without legal status to obtain driver's licenses and practice law. Nearly 69% of Latino voters but only 44% of whites support the new driving privilege law. The split was sharper on whether those who are in the country illegally should be allowed to become attorneys, with 65% of Latino voters in favor but only 26% of whites.
NEWS
October 1, 1986 | United Press International
The Transportation Department gave final approval today for Texas Air Corp. to purchase Eastern Airlines, a $676-million acquisition that would create the largest airline in the country.
BUSINESS
January 3, 1985 | BILL RITTER, San Diego County Business Editor
Hybritech Inc. received federal approval Wednesday for a cancer-testing product that will thrust the firm into a $25-million-per-year diagnostic market now controlled by Abbott Laboratories, which Hybritech accused last week of unfair competitive practices. Hybritech's Tandem-R CEA diagnostic kit measures CEA, or carcinoembryonic antigen, which is typically found in patients with cancer of the colon, rectum, breast or lung.
BUSINESS
August 27, 1999 | Bloomberg News
MCI WorldCom Inc., the No. 2 U.S. long-distance telephone company, won federal regulatory approval for its planned purchase of SkyTel Communications Inc., the No. 2 paging company, for $1.75 billion in stock and assumed debt. The Federal Communications Commission ruled the transaction is in the public interest. No oppositions to the merger were filed, an agency spokeswoman said. Shareholders of SkyTel are to vote on the acquisition Sept. 29. On Nasdaq, MCI WorldCom shares fell $3.
NEWS
August 16, 1988 | Associated Press
The Mississippi Legislature today overwhelmingly approved a bill aimed at doing away with a century-old county purchasing system the FBI found was rife with corruption. The House passed the bill 111 to 7 and the Senate 50 to 0. It now goes to Gov. Ray Mabus, who had hailed the measure as "a tremendous victory against corruption and for effective government."
NEWS
May 17, 1988 | United Press International
The $1.1-billion acquisition of Lorimar Telepictures Corp. by Warner Communication Inc. was approved today by boards of both entertainment companies. In a joint statement, both companies said a definitive agreement has been signed by the boards. The transaction, which calls for each share of Lorimar common stock to be exchanged for .415 of a share of Warner common stock, awaits approval of a majority of Lorimar shareholders and regulatory clearances. Lorimar, based in Culver City, Calif.
BUSINESS
February 25, 1987
Mission, one of the nation's largest writers of workers' compensation insurance until it suffered losses by entering into such high-risk areas as liability coverage for asbestos removal and day-care centers, was ordered liquidated by Los Angeles Superior Court Judge Ricardo Torres. Policyholders eventually will be notified on how to proceed in making claims, which will be paid by the California Insurance Guarantee Assn.
BUSINESS
September 19, 2013 | By Marc Lifsher, Andrea Chang and Salvador Rodriguez
SACRAMENTO - California has given the green light to online services that link passengers with private car owners - a sign that government is adapting to peer-to-peer commerce that's disrupting established industries. On Thursday, the Public Utilities Commission unanimously approved new rules to support on-demand ride-sharing services such as Uber, Lyft and Sidecar. The vote makes California the first state in the nation to formally endorse and regulate such services, which have taken off in big cities as an alternative to driving or hailing taxis.
NATIONAL
September 18, 2013 | Richard A. Serrano, David S. Cloud and Molly Hennessy-Fiske
Six weeks ago, Aaron Alexis told people someone had threatened him at an airport in Virginia. A few days later, in Rhode Island, he heard voices. He thought people were speaking to him through "the walls, floor and ceiling" of the Navy base there, where he was working. In his hotel room, the voices used "some sort of microwave machine" to send vibrations through the ceiling and into his body, a police report shows him saying. He could not sleep. Alexis frequently moved as part of his contract work at military installations from New England to North Carolina; he arrived in Washington on Aug. 25. He switched hotels several times until Sept.
CALIFORNIA | LOCAL
August 18, 2013 | By Tony Barboza
The state Legislature is nearing a decision on whether to give the California Coastal Commission an enforcement tool it has coveted for four decades - the power to impose fines. The Senate is expected to vote as early as this week on a bill bestowing the new power to the agency that oversees development and public access along the state's 1,100-mile coastline. The bill was approved by the Assembly in May on a 42 to 32 vote and cleared a Senate committee last week, but the measure faces opposition from business groups that believe the commission already wields too much clout.
CALIFORNIA | LOCAL
July 30, 2013 | By Seema Mehta
After being grilled about controversial past statements on immigration and climate change, former Los Angeles mayoral candidate Kevin James was confirmed Tuesday as a member of the powerful Board of Public Works, which is expected to play a key role in Mayor Eric Garcetti's effort to improve basic services. The City Council voted 11 to 0 on Tuesday to appoint James, a Republican, with some members saying deference should be given to Garcetti, who nominated James, in picking commissioners.
CALIFORNIA | LOCAL
June 28, 2013 | Laura J. Nelson
After some last-minute fiscal reshuffling, transportation officials gave a green light to the proposed Crenshaw/LAX light-rail line on Thursday, capping years of controversy over the train's route through South Los Angeles. The board of the Los Angeles County Metropolitan Transportation Authority unanimously approved the Crenshaw Line's $2.06-billion budget, the largest in the agency's history, and awarded the joint project contract to Walsh Construction and J.F. Shea Co. The 8.5-mile line, expected to open in 2019, will connect the Expo Line to the Green Line.
BUSINESS
June 28, 2013 | Marc Lifsher
Handing Gov. Jerry Brown a major legislative victory, the Assembly narrowly passed controversial legislation to overhaul California's enterprise zones, which hand out $750 million a year in tax breaks to businesses. Brown's proposal, the centerpiece of his economic development strategy, all but eliminates the power of the state's 40 locally controlled enterprise zones and replaces the program with a broader, statewide series of business incentives. Lawmakers on Thursday sent the controversial bill, AB 93, to the governor's desk by a 54-16 bipartisan vote.
BUSINESS
April 3, 1986
The plan calls for Ashland to repurchase more than 10 million common shares, apparently as part of a strategy to thwart future takeover attempts. The board also authorized the creation of an employee stock ownership plan containing up to 5.3 million shares, or 18% of Ashland's current outstanding stock. Under a buy-back plan, Ashland said it was paying $134.1 million, or $51 a share, to the Belzberg family of Canada for the 2.6 million shares that they held.
NEWS
May 17, 2013 | By Catharine M. Hamm, Los Angeles Times Travel editor
If you're waiting…and waiting…for an interview appointment to complete your application for the Global Entry fast-pass-through-customs program, help may be at hand. In a blog post Monday , I  explained that I had been conditionally OK'd, receiving an email saying so on May 9. It instructed me to make an appointment for the required interview near LAX . But the first available appointment--in fact, the only available one--was at 2 p.m. Aug. 6. I took it, despite my dismay at the wait.
BUSINESS
May 11, 2013 | By Marc Lifsher, Los Angeles Times
Almost 21 million residential customers of Southern California Gas Co. will see their monthly bills increase by about 5%, or $1.94, now that state utility regulators have approved a four-year plan to guarantee revenue collected by the nation's largest natural gas distribution network. The California Public Utilities Commission on Thursday granted the unit of San Diego-based Sempra Energy a rate increase totaling $1.95 billion for 2012 through 2015. The amount is $84.83 million more than current revenue but $154 million less than the company asked for at the start of a lengthy legal proceeding, the commission said.
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