June 29, 2001 |
Three men who operated a Huntington Beach firm have been indicted on charges of bilking investors out of $2.6 million by selling them promissory notes on nonexistent car loans, federal authorities said Thursday. The men allegedly promised a 10% return on a typical minimum investment of $25,000, but kept most of the money for themselves, according to the U.S. attorney's office in Santa Ana. Those charged were Paul J. Booth, 74, and James Cunningham, 44, both of Costa Mesa, and Donald L.
CALIFORNIA | LOCAL
December 25, 2011 |
The opening date for the long-awaited Expo Line has been postponed several times, and a test ride last week showed how a spot of bad circuitry and a debate over six-letter words — "subway," "tunnel" and "trench" — continue to delay the system's operation. While examining a 0.6-mile stretch of railway that dips below ground level near USC, transportation officials on Thursday argued over nomenclature. "I think it's a subway, it's not a trench. There's special ventilation requirements on a subway," said Art Leahy, head of the Los Angeles County Metropolitan Transportation Authority.
CALIFORNIA | LOCAL
June 13, 2012 |
The operators of busy Van Nuys Airport have agreed to dramatically reduce the number of days the main runway will be closed for major improvements. Plans call for the 8,000-foot runway to be closed for 10 days and 26 nights instead of 17 weeks — a lengthy closure that airport tenants said would hurt their operations, which have already been hit hard by the recession. Van Nuys is one of the busiest general-aviation airports in the nation, with more than 300,000 takeoffs and landings a year.
March 16, 2010 |
The Indian government's bid to cap liability for nuclear plants, seen by U.S. reactor-builders and operators as a prerequisite for entering the Indian market, was dealt a blow Monday when the ruling coalition withdrew legislation in the face of mounting opposition. The measure would limit to about $65 million the compensation that foreign nuclear operators would be liable for in the event of a nuclear accident. It would also cap the government's liability at about $385 million and mandate that all claims be presented within 10 years.
July 23, 2011 |
A large parking lot across the street from Staples Center that is considered a prime site for residential and retail development has been sold for $31 million to one of the city's largest parking lot operators. The L&R Group of Companies, which operates Joe's Auto Parks and WallyPark, bought the 2.7-acre parcel at 12th and Figueroa streets from Ektornet, which manages foreclosed properties for its parent company, Swedish bank Swedbank. The asphalt-covered property in downtown Los Angeles will continue as a parking lot, said Gilead Lumer of L&R. "We didn't purchase it with a long-term plan in mind," Lumer said.
September 27, 1987 |
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.
February 8, 2013 |
A massive manhunt in the Big Bear area for a former police officer suspected of killing three people is scaring off some visitors to nearby ski slopes just as resort operators were counting on fresh powder to help them rebound from an abysmal snow season last year. More than 100 officers, many in tactical gear and carrying automatic weapons, continued the search Friday in the San Bernardino Mountains for former Los Angeles Police Officer Christopher Jordan Dorner. The Bear Mountain and Snow Summit ski resorts opened as usual Friday morning after the manhunt forced the early closure of Bear Mountain on Thursday afternoon.
January 15, 1986
Bank of America said it will expand a department designed to help operators of toxic-waste facilities comply with government regulations for cleanup of the sites. Bank officials said the program will help operators make arrangements for cleaning up on closure, or even after closure, of the sites. They say the department will help operators meet state and federal regulations.
February 7, 2013 |
Cuba Travel Services , headquartered in Long Beach, is ending its once-a-week charter service from Los Angeles to Havana partly because of U.S. government delays in processing applications for tour operators who take visitors to the island republic. The last flight left Los Angeles on Tuesday and returned from Havana on Wednesday. The company began the charter service in 2000. It blamed the recent action on a projected 40% drop in passengers from Los Angeles International Airport to Cuba this year.
January 10, 1987 |
The Palo Verde Unit 2 reactor will be shut down for about two months for federally mandated tests, operators of the nuclear plant have announced. Technicians began shutting down the reactor Friday.