CALIFORNIA | LOCAL
August 28, 2011 |
A 33-year-old man was in critical but stable condition Saturday after being stabbed during what began as a fistfight on the Metro Gold Line as it traveled through Pasadena, authorities said. The violence Friday evening came on the heels of a fatal stabbing the week before on a Metro Red Line train. That stabbing also followed a fight and was the first slaying on the subway since it began operations in 1993. The latest attack took place aboard a northbound Gold Line train about 6:30 p.m. Friday.
August 23, 2011 |
DC Comics co-publisher Dan DiDio was at a comic-book store in New Jersey when he noticed something alarming. Over the course of an hour, only two customers came in. And, this was a Saturday — the busiest day of the week for most retailers. "The walk-in, casual fans have gotten away from us," DiDio observed. "We are down to just the die-hard buyers. " Comic-book stores have become increasingly barren, with sales dropping consistently over the last three years and down an additional 7% so far in 2011.
August 17, 2011 |
Fitch Ratings reaffirmed its AAA credit rating for the United States and said it did not anticipate a downgrade in the near future. The firm, one of the three major credit-rating companies, said Tuesday that the outlook for the U.S. rating was stable because the recent deal to raise the debt ceiling and cut the budget deficit showed the nation's political leaders could do what's necessary to reduce the nation's soaring debt. The debt-ceiling deal signed by President Obama last week "was a significant positive development that provided a substantive and necessary increase in the federal debt ceiling.
August 17, 2011 |
A sharp discrepancy between Syria's nose-diving economy and its relatively stable currency is fueling speculation among observers that either another country, presumably strategic oil-rich ally Iran, has injected huge amounts of cash into its economy, or Damascus is quickly draining its foreign currency reserves. Syria's overall economy, stock market, vital tourism industry and foreign investment have collapsed, according to economists and analysts. It appears to have hemorrhaged cash, with the bulk flowing to Lebanon, which has long served as a conduit for Syrian finances.
August 7, 2011 |
Two days before black smoke left a pall over Hama, a bloodied symbol of the uprising against the government of Syria, the country's second-largest city, Aleppo, held a cultural festival featuring a 3,600-foot-long Syrian flag wrapped around its ancient citadel. On one of the city's main streets, families have still gathered every night on the sidewalks and in the medians for nighttime picnics. Vendors crowd around selling hookahs, popcorn, sandwiches and coffee. Traffic moves slowly as people park cars by the sidewalk and open doors and windows to let music stream out to entertain the crowds.
CALIFORNIA | LOCAL
July 11, 2011 |
An Alhambra officer was killed early Sunday when two police vehicles collided while responding to an emergency call. Officer Ryan Stringer, 26, was responding to a call of a possible robbery at 2:30 a.m. in the rear parking lot of 100 N. 1st Street when his vehicle and another police cruiser crashed at the intersection of Garfield Avenue and Main Street, police said. The officer in the other vehicle was also seriously injured. The two officers were taken to Huntington Hospital in Pasadena, where Stringer later died.
July 8, 2011 |
Standard & Poor's has removed the immediate risk of a downgrade of California's debt rating, saying the state's plan to balance its budget was "largely realistic. " S&P on Thursday raised its outlook for California's rating to "stable" from "negative. " The rating, A-minus, still is the lowest of any of the 50 states. "The negative outlook had been linked to the possibility of a recurring cash deficiency that we now believe the enactment of the fiscal 2012 budget is likely to mitigate for the most part," S&P said in a report.
June 16, 2011 |
California home prices will continue falling this year and into next, but there's an upside in that it will allow more people to buy homes, according to the latest economic forecast from Chapman University's A. Gary Anderson Center for Economic Research. Home prices in California will drop 4.4% this year and 0.7% next year, according to the Chapman forecast, released Thursday. Construction spending has hit bottom and will rebound 6% next year, the forecast says, which suggests "that the construction sector will no longer be a drag on overall growth and job creation.
CALIFORNIA | LOCAL
May 27, 2011 |
A Hawthorne police officer died Thursday and another officer was critically injured after a motorcycle collision during a funeral procession for an officer who had passed away from cancer. Officer Andrew Garton was escorting the procession for the deceased Manhattan Beach officer when he collided with the other motorcycle officer and was thrown into oncoming traffic in Torrance, authorities said. Garton's death stunned and saddened fellow officers and officials in the tight-knit South Bay city.
May 19, 2011 |
Spanish-language media giant Univision Communications Inc. plans to launch three new cable television channels next year in a bid to tighten its grip on the growing Latino market and diversify its revenues. Univision is expected to announce Thursday that one of the channels will offer soccer and other sports, one will be devoted to news and information, and a third will showcase the spicy Spanish-language soap operas, or telenovelas , that fuel Univision Network's prime-time ratings.