April 18, 1995 |
Hoping to avert an embarrassing bankruptcy for the District of Columbia, President Clinton signed a bill to set up an oversight board with broad powers over Mayor Marion Barry and the City Council. The law also allows the district to borrow hundreds of millions of dollars from the federal Treasury to help pay its bills, and it requires a balanced city budget in three years. The board's powers include the authority to lay off thousands of city workers.
March 19, 2009 |
Nancy Davis, daughter of the late Los Angeles billionaire Marvin Davis, alleges that her brother Gregg cheated his siblings and mother out of millions of dollars by low-balling the value of the family oil company in a forced bankruptcy sale. Gregg Davis, 45, conspired with a New York investment bank and others to acquire Davis Petroleum Corp.
September 23, 2008 |
American International Group Inc. investors trying to derail a U.S. takeover of the insurer might demand a shareholder vote on the $85-billion deal, a person familiar with the situation said. The investors decided at a New York meeting Monday to ask AIG for data so they could raise money and keep the federal government from taking a 79.9% stake, said the person, who declined to be identified because talks were private.
August 1, 1994 |
Treasury Secretary Lloyd Bentsen, under fire from Republicans over his department's conduct in the Whitewater affair, said Sunday an internal government review found no evidence that either he or his senior aides violated ethics rules in their contacts with the White House about a criminal investigation affecting the President and Hillary Rodham Clinton.
February 17, 1999 |
The struggling parent of two of the nation's best-known tabloids, the National Enquirer and the Star, is being acquired by a New York investment firm for $300 million. American Media Inc., the Lantana, Fla.-based publishing empire that has suffered from slipping newsstand sales, is being purchased by Evercore Partners, which is also assuming $470 million in debt under the deal announced Tuesday.
April 13, 1994 |
Steady energy costs helped offset a rise in food prices as wholesale price inflation was in check in March, the government said Tuesday. The report eased inflation worries just one day before a much-anticipated report on consumer prices, and financial markets--which have been shaken recently by expectations of rising inflation and interest rates--were stable. Wholesale prices rose 0.2% last month, and for the first quarter of 1994 they were up at an annual rate of 3.
December 4, 1993 |
Government reports issued Friday point to a healthy if not buoyant economy, with signs that solid growth will probably continue into the new year. The index of leading indicators rose for the third straight month in October, climbing 0.5%, the Commerce Department said. Orders to U.S. factories were also up in October for a third consecutive month, jumping 1.2% as aircraft and auto orders surged.
May 14, 2011
SATURDAY Good Morning America (N) 7 a.m. KABC McLaughlin Group (N) 6:30 p.m. KCET The Chris Matthews Show GOP candidates for 2012; the rising costs of college: Howard Fineman; Michael Duffy; Norah O'Donnell; Katty Kay. (N) 5:30 a.m. KNBC SUNDAY Today Author Willie Geist. (N) 6 a.m. KNBC Good Morning America (N) 6 a.m. KABC State of the Union With Candy Crowley The budget; debt limit: Sen. Mitch McConnell (R-Ky.). The budget; debt limit: Rep. Paul D. Ryan (R-Wis.)
October 20, 2005 |
Thomas Weisel Partners Group Inc., the investment bank founded by the former chief executive of Montgomery Securities, said it planned to raise as much as $65 million in an initial public offering. The San Francisco-based firm founded seven years ago by Thomas W. Weisel is managing its IPO together with Goldman Sachs Group Inc. and Keefe Bruyette & Woods Inc., a Securities and Exchange Commission filing said. The company didn't say how many shares or at what price it planned to sell stock.
March 26, 1994 |
A senior White House official inquired last month about removing a prominent Republican hired by the Resolution Trust Corp. to investigate claims arising from the failure of Madison Guaranty Savings & Loan, according to sources familiar with the discussions. The sources said senior White House officials George Stephanopoulos and Harold M. Ickes were alarmed and outraged when they discovered in late February that the RTC, an independent regulatory agency, had hired Jay B.