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BUSINESS
November 20, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
Manville Corp. has agreed to make additional payments of as much as $520 million over seven years to the trust set up to benefit asbestos victims. A comprehensive settlement disclosed Monday also will revamp the way claims are paid, giving priority to the most gravely ill. The plan is meant to settle about 150,000 pending claims by people injured by Manville-produced asbestos.
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NATIONAL
April 25, 2014 | By David Willman
WASHINGTON - Amid concerns about its effectiveness and multibillion-dollar cost, the Department of Homeland Security has canceled plans to install an automated technology that was meant to speed the 24-hour operations of BioWatch, the national system for detecting a biological attack. The cancellation of the "Generation 3" acquisition was made Thursday at the direction of Homeland Security Secretary Jeh Johnson, according to a memorandum circulated by Michael V. Walter, the BioWatch program manager.
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BUSINESS
November 29, 1991 | From Times Staff and Wire Reports
Sears Seeks Debt-Issuing Approval: Sears, Roebuck & Co. is seeking Securities and Exchange Commission clearance to sell $2 billion in debt securities, partly to reduce short-term borrowings. The retailing-financial services giant wants to sell what amounts to corporate IOUs from time to time through shelf offerings. With a shelf offering, a company can register its securities in advance and keep them "on the shelf" for up to two years before actually selling.
NATIONAL
April 24, 2014 | By Brian Bennett
WASHINGTON - The former top watchdog for the Homeland Security Department rewrote reports and slowed investigations at the request of senior staff for then-Secretary Janet Napolitano, a review conducted by Senate staff found. Charles K. Edwards, who was acting inspector general for Homeland Security from late 2011 through early 2013, considered aides to Napolitano to be friends, socialized with them over drinks and dinner and, at their urging, improperly made changes to several investigative reports, according to the Senate review released Thursday.
WORLD
April 23, 2014 | By Christi Parsons and Julie Makinen
TOKYO - Declaring that "the United States is and always will be a Pacific nation," President Obama launched an Asia tour designed to assure leaders of ally nations that they have a strong U.S. backup at a time of rising regional tension. Appearing with Japanese Prime Minister Shinzo Abe on Thursday morning, Obama said the "U.S.-Japan alliance is the foundation not only for our security in the Asia-Pacific region but also for the region as a whole. " He later said the U.S. security treaty with Japan "covers all territories under Japan's administration, including the Senkaku islands," but reiterated that Washington did not take a position on competing claims of sovereignty.
CALIFORNIA | LOCAL
April 23, 2014 | By Kate Mather
Two former Los Angeles County sheriff's deputies have been charged with planting guns at a medical marijuana dispensary to arrest two men, one of whom prosecutors said was sentenced to a year in jail before the bad evidence was discovered. Julio Cesar Martinez, 39, and Anthony Manuel Paez, 32, face two felony counts of conspiracy to obstruct justice and altering evidence, the Los Angeles County district attorney's office announced Wednesday. Martinez was charged with two additional felony counts of perjury and one count of filing a false report.
CALIFORNIA | LOCAL
April 22, 2014 | By Kate Mather
Authorities are investigating if any more security video exists showing a teenager who bypassed security at a San Jose airport and stowed away in the wheel well of a Hawaii-bound jetliner. In a statement Monday, airport officials said they have video of the 15-year-old walking on the airport tarmac toward a Hawaiian Airlines Boeing 767 on Sunday, but it remains unclear how the teen got onto the tarmac. The   FBI   originally said video showed him scaling a fence. But late Monday, airport officials only mentioned a video that showed him walking on the tarmac.
CALIFORNIA | LOCAL
April 21, 2014 | By Joseph Serna, Kate Mather and James Rainey
The dark of night still draped Mineta San Jose International Airport when a 15-year-old boy from nearby Santa Clara wandered onto a secure airport ramp and toward a Hawaiian Airlines Boeing 767. Then he disappeared. The slight teenager, first seen on a security camera video, would not appear again until later Sunday morning, when airline workers spotted him 2,350 miles to the west, walking on the tarmac at Kahului Airport on the island of Maui. In the interim, authorities say, the boy survived a perilous, 5 1/2 -hour odyssey - enduring frigid temperatures, oxygen deprivation and a compartment unfit for human habitation - as he traveled over the Pacific Ocean in the jet's wheel well.
CALIFORNIA | LOCAL
April 21, 2014 | By Kate Mather and Joseph Serna
San Jose International Airport said it is reviewing how a teenager who stowed away on a flight from San Jose to Hawaii managed to get on the airport's runway without being detected by security. Authorities say security video shows the teen from Santa Clara hopping a fence at the San Jose airport and climbing into the wheel well of a jetliner.  It's unclear how long the boy was on the tarmac and why security officials didn't detect he was there. The 16-year-old survived the flight.
BUSINESS
April 21, 2014 | By Ricardo Lopez
A San Francisco man pleaded guilty to a single count of securities fraud Monday related to the 2009 acquisition of Marvel Entertainment by Walt Disney Co, federal authorities said.  The announcement by the U.S. attorney's office for the Central District of California caps the criminal case against Toby G. Scammell, a Bay Area man who had been accused of insider trading. A civil action by the U.S. Securities and Exchange Commission began with an insider trading charge in 2011; a judgment was issued in that case last month.    The SEC ordered Scammell to disgorge his trading profits and pay interest and civil penalties totaling $800,985.
NATIONAL
April 18, 2014 | By Alana Semuels
BOSTON - There's a tense excitement running through this city as it prepares for the 118th Boston Marathon, a uniquely Bostonian event, held on Patriots' Day, the third Monday of April, which celebrates the first battles of the Revolutionary War. Residents are waiting to see how much of the traditional carefree spirit of Marathon Monday will remain after officials implement security measures to make the 26.2-mile route "the safest place on the...
WORLD
April 15, 2014 | By Sherif Tarek
Iraq's Ministry of Justice announced Tuesday that it would close the facility formerly known as Abu Ghraib prison, the site of an infamous torture scandal under the U.S. occupation. “The ministry made that decision as part of precautionary measures related to the security of the prisons,” said Justice Minister Hassan Shammari. He did not clarify whether the shutdown is permanent. Shammari explained that the location of the facility, on the edge of insurgent-dominated areas of Anbar province, west of central Baghdad, has become a “hot spot.” Islamic militants have been targeting officials from the Shiite-led government and seizing control of parts of Anbar province, which is controlled by Sunni rebels.
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