Advertisement
 
YOU ARE HERE: LAT HomeCollectionsSecurities
IN THE NEWS

Securities

FEATURED ARTICLES
CALIFORNIA | LOCAL
December 19, 2009 | By Jack Leonard
A former security guard accused of fatally shooting an 18-year-old college student in a Palmdale parking lot nearly a decade ago was convicted of murder Friday, authorities said. The verdict caps a lengthy legal saga that began when Raymond Lee Jennings first reported finding Michelle O'Keefe's body during a routine patrol of the park-and-ride lot. Investigators found the victim, a student at Antelope Valley College, slumped in the front seat of her Ford Mustang. She had been shot four times in the chest and face.
ARTICLES BY DATE
NATIONAL
April 7, 2014 | By Evan Halper
WASHINGTON - Adam Crain assumed that tapping into the computer networks used by power companies to keep electricity zipping through transmission lines would be nearly impossible in these days of heightened vigilance over cybersecurity. When he discovered how wrong he was, his work sent Homeland Security Department officials into a scramble. Crain, the owner of a small tech firm in Raleigh, N.C., along with a research partner, found penetrating transmission systems used by dozens of utilities to be startlingly easy.
Advertisement
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.
OPINION
April 6, 2014
Re "Hands off those photos," Editorial, April 3 Count me among those who have encountered security hysteria for taking pictures. In 2004, I stood in a broad, traffic-free street in a river-adjacent industrial zone of my hometown of Memphis, seeking to capture the beautiful, auburn-streaked patina of a huge, unpainted storage tank. An overzealous security guard called 911 to report a frighteningly skinny, 60-year-old white man in shorts, who might be a terrorist hell-bent on blowing up thousands of gallons of maybe cottonseed oil or rendered animal fat. Memphis police screamed onto the scene.
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.
CALIFORNIA | LOCAL
April 6, 2014 | By Michael Finnegan, David Zahniser and Doug Smith
In January, President Obama announced a block-by-block approach to relieving poverty in Los Angeles. Federal money, he said, would pour into a newly created Promise Zone. The boundaries encompassed crowded immigrant communities around MacArthur Park and Koreatown, as well as upscale areas of Hollywood and Los Feliz. Left out was South L.A., where the poverty rate is higher. The exclusion stunned many South L.A. leaders. The strategy, presidential aides said, was to concentrate resources in communities where nonprofits or public agencies had already received one of the Obama administration's signature urban renewal grants.
BUSINESS
March 30, 2014 | By Donie Vanitzian
Question: I'm the president of our homeowner association mainly because no one else wants the job. We live in a prestigious area of Los Angeles and have fewer than 30 units. Because nobody wants to be on our board we hired a management company. They're not a California company. Their head office is out of state, and we've never seen or been to their California place of business and do not know where it is or that they even have a California office. A management representative came and picked up our files and documents, including owners' personal information and accounts, and gave us their P.O. box number.
NATIONAL
March 28, 2014 | By Paresh Dave
Gay rights advocates in Michigan cheered Atty. Gen. Eric H. Holder Jr.'s announcement Friday that the federal government will recognize about 300 same-sex marriages hastily performed March 22. But the small victory translates to more complications for some newlyweds. After a federal judge struck down the state's gay marriage ban March 21, Deborah Dolney, 28, and her fiancee, Jessie-Mae Secord, 33, seized the opportunity to get married. Four counties opened their offices the next day to issue marriage licenses, and Dolney and Secord were among those in line.
OPINION
March 27, 2014 | By Sarah Chayes
On Feb. 20, Nigerian President Goodluck Jonathan fired his respected central bank governor, who was trying to discover what had happened to an estimated $20 billion that disappeared from the nation's oil revenue over an 18-month period. Four days later, across the country in the parched northeast, members of the Boko Haram extremist group attacked a public boarding school, shooting children in their sleep and setting school buildings afire. It was the latest in a string of massacres by the group, whose statements call for an Islamic state ruled by sharia law in Nigeria.
BUSINESS
March 26, 2014 | By E. Scott Reckard and Walter Hamilton
Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac. The government-sponsored mortgage finance giants had demanded compensation from the Charlotte, N.C., bank for losses on securities backed by faulty loans issued during the housing boom. The bank said the settlement, announced Wednesday, resolves all claims against BofA by the Federal Housing Finance Agency, the agency that regulates Fannie and Freddie.
TRAVEL
March 24, 2014 | By Catharine Hamm
Question: A client who was traveling for the holidays stayed at a luxury hotel in Miami. She used the hotel's VIP butler services. As she prepared to leave, the butler packed the trunk. She locked it in the presence of several other persons and did not unlock it until she arrived, by private jet, at her next location, where she discovered expensive clothing and jewelry were missing, about $35,000 worth. She began to wonder: Is this the only luxury hotel where something like this can happen to its guest?
CALIFORNIA | LOCAL
March 22, 2014 | By Kate Mather and Carla Rivera
The California Department of Motor Vehicles said Saturday that it is investigating a potential security breach of its credit card processing services, but officials said the agency had no immediate evidence that its computer system had been hacked. The DMV was alerted by law enforcement officials about the possible breach and has "heightened monitoring" of all of its Web traffic and credit card transactions, the agency said in a prepared statement. The agency is also in contact with credit card companies and the vendor who processes its online transactions.
SPORTS
March 21, 2014 | By Ben Bolch
The Lakers aren't going anywhere this season, and Ryan Kelly might not be either. For Kelly, that would be a good thing. It would mean he's still in the NBA. A late second-round pick out of Duke in last year's draft, the 6-foot-11 power forward wasn't even assured of making the Lakers' roster. The rookie didn't have a full preseason to prove himself because he was still recovering from surgery to repair a screw that was first inserted in his right foot to stabilize a broken bone in March 2012.
Los Angeles Times Articles
|