June 28, 2013 |
Air travel in the future will be faster, cleaner and less expensive if the Federal Aviation Administration's $40-billion overhaul of the nation's air control system is completed in the next seven years. That's a big if. With the federal sequestration fight in Washington, FAA officials say funding for the project could be in jeopardy. The plan, known as NextGen, replaces outdated radar-based technology with global positioning systems and digital communications to bring the country's air control system into the 21st century.
CALIFORNIA | LOCAL
February 14, 2013 |
SACRAMENTO - California's computer problems, which have already cost taxpayers hundreds of millions of dollars, have mounted as state officials cut short work on a $208-million DMV technology overhaul that is only half done. The project was intended to revamp the process for registering vehicles and issuing driver's licenses, with the entire overhaul scheduled to be finished this year. But state officials said they were canceling the vehicle registration component because little progress was being made.
March 23, 2010
Overhaul plan Key provisions of the Senate financial regulatory overhaul proposal: Creates an autonomous consumer protection bureau within the Federal Reserve Grants the government power to seize and dismantle large firms if they're near collapse Establishes a council of regulators to monitor the economy for signs of major risks Adds new regulations for hedge funds and derivatives markets Takes away the...
July 21, 2010 |
The president on Wednesday signed into law the most sweeping reform of financial rules since the Great Depression, saying, the "American people will never again be asked to foot the bill for Wall Street's mistakes." The signing ended the arduous, yearlong effort to push the lengthy bill through Congress in the face of heavy lobbying by the financial industry and nearly unanimous opposition by Republicans. And it sets the stage for midterm elections this fall, when Republicans hope to make significant inroads into the Democratic majority.
January 3, 2013 |
Another classic Southern California theme park attraction is undergoing a major overhaul. Knott's Berry Farm's Timber Mountain Log Ride will close for five months, starting this month, for a renovation of the ride's automated figures and sets and to add new scenes and characters. The log ride, which opened in 1969, is housed in an eight-story building. Riders on log vehicles float in 24,000 gallons of water and glide past mechanical figures and taxidermied animals before dropping down a 42-foot free fall.
CALIFORNIA | LOCAL
March 17, 1993
In the March 5 article, "State Says It Has No Plans To Close Hospitals," Stephen Mayberg, director of the state Department of Mental Health, says: "We haven't ruled out anything. But I think that if we come up with better approaches or strategies, I'd rather have better utilization of our facilities than less facilities. There are no plans to shut any hospital down." I wasn't convinced of anything. Better approaches or better strategies? Come on, Mr. Mayberg, you can do better than that.