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August 22, 2013 | By David Zahniser
Los Angeles Mayor Eric Garcetti will appear at a news conference Thursday to announce details of a proposed four-year salary package for Department of Water and Power workers. The proposal ends weeks of back-and-forth talks between elected officials and the utility's powerful employee union. Garcetti and council President Herb Wesson will appear at the 11:30 a.m. news conference to discuss the proposed contract with Local 18 of the International Brotherhood of Electrical Workers.
August 19, 2013 | By David Zahniser
Amid his first big political battle as Los Angeles mayor, Navy Lt. Eric Garcetti will have to juggle summer duty as a military intelligence officer over the coming weeks. Mayoral spokesman Yusef Robb said Monday that Garcetti has begun two weeks of training as a member of the Navy Reserve - a stint that will send him to a facility in the city of Bell and possibly other locations in Southern California during a portion of each workday. The training comes as council members are growing increasingly vocal about wanting a salary deal with the union that represents Department of Water and Power employees by the end of the month.
August 15, 2013 | By Michael Finnegan and David Zahniser
Los Angeles Mayor Eric Garcetti on Thursday set the stage for a potentially messy confrontation with the City Council, saying he would refuse to sign a proposed salary deal with the politically potent union representing Department of Water and Power workers. Local 18 of the International Brotherhood of Electrical Workers ran a fierce campaign against Garcetti, whose main argument in the mayoral election in May was that he could be trusted to stand up for DWP ratepayers. In a written statement, Garcetti said the union-endorsed contract proposal included cost savings that were worth pursuing.
August 8, 2013 | By Eric Pincus
The hardest sell at the Staples Center's Team L.A. store might be a Lakers jersey with the name "Cap Room" on the back. "They're a mess," former Lakers coach Phil Jackson said in June. "We know that because of their financial disorder right now, that's the thing they have to get straight right away. " The Lakers haven't been under the NBA's salary cap since before the 1996-97 season, though the franchise has won five titles since then. But with Dwight Howard having gone to Houston and Kobe Bryant facing an uncertain return date from Achilles' tendon surgery, the Lakers' prospects on the court next season are anything but certain.
August 1, 2013 | By Chris Foster
USC reached out to UCLA offensive line coach Adrian Klemm last winter, hoping he'd make the jump across town. UCLA Coach Jim Mora knew he needed more financial firepower to retain his staff. So UCLA did what it believed it needed to do. Klemm, a skilled recruiter, and others on staff, received raises following their 9-5 season and pushed the pool of money for assistant football coaches to an unprecedented level for the university. UCLA will pay assistants $2.442 million in base salaries and talent fees this season.
July 26, 2013 | By Michael Finnegan and Kate Linthicum
Los Angeles Mayor Eric Garcetti said Friday that he “won't be pushed” into a quick deal on a new labor contract for workers at the Department of Water and Power. “I'm not going to do a deal before it's a good deal for the people of Los Angeles,” Garcetti told reporters at City Hall. “Period. Full stop.” Brian D'Arcy, the DWP union leader who ran a ferocious campaign against Garcetti in the May election, has been trying for weeks to quietly gather support on the City Council for a new salary agreement.
July 23, 2013 | By Carla Rivera
The California State University Board of Trustees on Tuesday set compensation for six campus presidents; none received raises after a public outcry over executive pay. Presidents Willie J. Hagan at Dominguez Hills will receive $295,000; Eduardo M. Ochoa at Monterey Bay, $270,315; Joseph F. Sheley at Stanislaus, $270,000; Joseph I. Castro at Fresno, $299,000; William A. Covino at Los Angeles, $299,000; and Donald J. Para, interim president at...
July 22, 2013 | By W.J. Hennigan
Help wanted: At least 130 veteran military aviators for nine-year commitment to fly fighter jets. Salary: $34,500 to $97,400. Plus good benefits and a $225,000 signing bonus - guaranteed. Contact: U.S. Air Force by Sept. 30. That's the offer from the Pentagon, which is so short of Air Force fighter pilots that it's boosting its salary package to make the job more enticing. It may be hard to imagine that life as a high-flying fighter jock has lost its swagger, but the Air Force revealed it has a shortage of 200 fighter pilots this year.
July 14, 2013 | By Eric Pincus
In guard-forward Wesley Johnson, Lakers General Manager Mitch Kupchak has found another other quality player on a minimum-salary contract. Drafted fourth in 2010 by the Minnesota Timberwolves, Johnson never quite lived up to his potential coming out of Syracuse.  Now 26, Johnson showed some improvement in Phoenix with the Suns last season after a July 2012 trade from the Wolves. Johnson has good length with the potential to be a strong perimeter defender.  In stretches he was able to hit the three-point shot last season with the Suns.
July 14, 2013 | By Julie Makinen
BEIJING - China's economy is slowing fast. And that may be a very good thing. Falling exports and tighter credit cooled China's growth in the second quarter to 7.5% from a year earlier, officials said Monday. Growth in the first quarter was 7.7% and many analysts now predict the nation's gross domestic product will expand 7.5% - or even less - for the year. Although that's a blistering pace compared with those of the U.S. and many other Western nations, it would be a drop from China's 7.8% rate last year and the country's slowest growth since 1990 after nearly two decades of double-digit annual expansion.
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