September 11, 1997 |
TRW has lost a major investor in its $3.2-billion Odyssey venture, which aims to provide telecommunications services via a network of 12 satellites in medium Earth orbit, about 6,000 miles above sea level. TRW's space and defense group in Redondo Beach and its partner Teleglobe of Montreal had been trying since 1995 to raise $800 million from private investors by early this year.
July 12, 1987
The California Medical Assn. has withdrawn its support of AIDS legislation to implement the recommendations of Surgeon General C. Everett Koop in California and now opposes the bill. It is a grave disappointment, coming just as Assembly approval of the legislation had set the stage for negotiations with Gov. George Deukmejian on the final form of the legislation. AB 87, written by Assemblyman Art Agnos (D-San Francisco) in collaboration with Dr.
April 25, 2009 |
Arizona Diamondbacks ace Brandon Webb will be shut down for three weeks in a significant setback to his attempt to recover from shoulder problems that have sidelined him since his opening-day start. Manager Bob Melvin announced the decision after the Diamondbacks lost to the San Francisco Giants, 5-1, on Friday night. "He won't do anything for a week and then he'll do some strengthening for two weeks, no throwing," Melvin said, "and then we'll see where we are after that."
CALIFORNIA | LOCAL
December 7, 1993 |
Jurors in the Menendez brothers murder trial will be given instructions on self-defense that could lead to a reduced manslaughter verdict but not to outright acquittal, the judge in the case decided Monday--all but dashing defense hopes that the brothers might be exonerated. Van Nuys Superior Court Judge Stanley M.
CALIFORNIA | LOCAL
September 1, 1996
Re "State Senate Kills Boland Bill on Valley Secession," Aug. 23. The recent failure of AB 2043 [the secession bill] is certainly a major setback to the Valley secession movement. Upcoming elections could yield a more pro-democracy state Senate and Assembly. It was a very close vote; two more people would have carried the measure. Rest assured that the citizens of the San Fernando Valley will no longer lie down while the Los Angeles city government exploits us and neglects our needs and desires.
July 18, 1989 |
The Commodity Futures Trading Commission on Monday decided to allow two futures-type financial instruments to be traded outside organized exchanges, dealing a setback for the futures industry based in Chicago. In a ruling sought by many banks and businesses, the agency that regulates the nation's futures exchanges voted to exclude the burgeoning, billion-dollar swap markets from its control.
July 2, 1989
A proposal by the city of Los Angeles to cover 10 drinking-water reservoirs received a major setback this week when the Assembly approved a bill that would prohibit health officials from covering or draining any of them unless no "technically feasible" alternative can be found. Pacific Palisades residents who live near the Santa Ynez reservoir, above, have been fighting the Department of Water and Power plan, saying that the cover would attract vandals and create an eyesore.