March 31, 1987 |
Atlantic Richfield said Monday that it plans to accelerate the payment of nearly $1 billion in debt this year with the help of proceeds from the recent sale of such assets as Arco Plaza in downtown Los Angeles. Coupled with regularly scheduled debt that it will pay off this year, Arco said it expects to trim its long-term debt in 1987 by a total of $1.4 billion, or almost one-fifth.
CALIFORNIA | LOCAL
December 22, 1991 |
The Lawndale City Council has ordered an investigation of City Manager John E. Nowak's handling of a four-unit condominium project last year. After a lengthy, often contentious debate among council members at Thursday's meeting, the council voted 5 to 0 to direct City Atty. David J. Aleshire to determine whether Nowak acted improperly in issuing permits for Jonathan Stein's project. Gary McDonald, a local activist and former planning commissioner, alleged at the council's Dec.
February 13, 1986 |
Artifacts from the Egyptian Village Cafe, Glendale's famous fantasy-style restaurant of the 1920s which was torn down last year, have been donated for use in another fantasy kind of place--one of the theme parks owned by Walt Disney Productions. The Glendale Historical Society acquired and stored architectural features from the cafe after it lost a long battle to preserve the building.
January 13, 2003 |
In an unusual move, a group of small investors who say they lost their life savings because of Wall Street analyst Jack Grubman's puffed-up stock rating for WorldCom Inc. are taking their complaints en masse to the security industry's watchdog group. More than 100 investors are filing an arbitration claim today with the National Assn. of Securities Dealers, said Robert Weiss, the investors' attorney. Weiss said his firm could handle up to 100,000 similar claims.
August 30, 1996 |
Former TriStar Pictures President Marc Platt is the preferred candidate of MCA Inc. to replace Hal Lieberman as head of production for Universal Pictures, according to sources close to the studio. Lieberman left the post this week to become an independent producer at the studio. Sources said Platt could enter formal talks with MCA brass as early as this weekend.
December 16, 2012 |
NEWTOWN, Conn. - It was meant to be a day of mourning, but parishioners inside a Catholic Church here had their fears renewed Sunday when a bomb threat forced a mid-morning evacuation and a SWAT team converged and surrounded a rectory. The threat, which came during morning services, was “a menacing call that threatened to disrupt the Mass in a violent way,” said Brian Wallace, a spokesman for the local diocese. As parishioners filed out of St. Rose of Lima Church, there was a swell of raw emotion -- disappointment, distress, anger and sadness, Wallace said.
August 13, 1999 |
Mag Instruments Inc., maker of the popular Mag-Lite flashlights, said Thursday that it won a patent dispute with Temecula-based Bright Ideas & More, after Bright Ideas agreed not to market its AmperLite 2000 flashlight in the United States. Mag, based in Ontario, had sued Bright Ideas, contending that its AmperLite infringed a number of Mag patents. The case was about to go forward in U.S.
December 25, 2012 |
Memorials to the Sandy Hook Elementary School victims flourished on Christmas Day as Newtown, Conn., police got a break from holiday duty, with officers from nearby jurisdictions relieving them. The usual Christmas trappings dotted the town -- wreaths, trees -- but alongside the teddy bears and other mementos dominated by the number 26, for the 20 students and six school staffers shot dead at Sandy Hook on Dec. 14. The Danbury News Times reported 26 Christmas stockings dangling from a rail, 26 cardboard angels in the snow, 26 Christmas trees at one intersection -- tributes that, in number, omit Nancy Lanza, the shooter's mother and his first victim.
April 9, 1999 |
Several years ago, Sara Taggart started noticing she was losing a lot of hair whenever she took a shower. As she combed it, more hairs would end up in the sink. Then one day she noticed a patch of bare skin on the back of her head--a bald spot. Taggart, who manages a private estate in Baltimore County, was distraught. Her mother had lost a lot of her hair in her 60s and 70s, gradually becoming bald. But Taggart was only 53. "I was afraid this was going to happen to me, too," she says.
CALIFORNIA | LOCAL
August 12, 1993 |
A longtime controller for a Thousand Oaks actuarial firm sentenced to prison for embezzling more than $111,000 was granted an appeal Wednesday on the restitution portion of his sentence. Nooshin Zahab, a 43-year-old Reseda man who for five years worked as the controller for Advanced Benefits Systems, must only pay a restitution fine of $10,000, rather than the $20,000 penalty imposed last year by Ventura County Superior Court Judge James M. McNally.