May 17, 2013 |
After days of silence during which long-held resentment toward Abercrombie & Fitch Co. began to boil over, Chief Executive Michael S. Jeffries tried to stem a backlash against the teen-focused retailer. Jeffries, in a statement Thursday, discussed criticism that the company lacks women's XL and XXL sizes in favor of catering toward young, good-looking customers. "A&F is an aspirational brand that, like most specialty apparel brands, targets its marketing at a particular segment of customers," he said in the statement.
September 13, 2012 |
Chevrolet has found a bit of mojo over the past 24 months in a segment of the automotive landscape that, historically, hasn't been its strong suit: small cars. The compact Cruze was a sales leader for much of 2011 and after slowing a bit for some of 2012, was the bestselling car in its class for August. Meanwhile, GM (Chevrolet's parent) says people bought almost 74,000 of its sub-compact Sonic in its first 12 months on the market. So Chevrolet is going even smaller with the Spark.
December 11, 2012 |
Accusing Wells Fargo & Co. of reneging on a sweeping mortgage-modification deal, a lawyer for troubled homeowners is trying to reopen a case involving risky "pick-a-pay" loans written during the housing bubble. Legal filings last week claimed Wells Fargo failed to provide wide-ranging reductions of loan balances to delinquent borrowers as it had promised two years ago when it settled a combined national class-action suit. A bank spokeswoman strongly disputed the claim, saying it was riddled with errors.
CALIFORNIA | LOCAL
December 5, 2009 |
Marc Christian MacGinnis, who won a multimillion-dollar settlement in 1991 from the estate of his ex-lover, actor Rock Hudson, after convincing a jury Hudson had knowingly exposed him to AIDS, has died. He was 56. Known as Marc Christian, he died of pulmonary problems June 2 at Providence Saint Joseph Medical Center in Burbank. The details were confirmed Friday by his sister, Susan Dahl, who said she did not publicly announce his death earlier because of her brother's wish for privacy.
September 9, 2010 |
The Federal Trade Commission has sued longtime bulb manufacturer Lights of America Inc., charging that some of the company's energy-saving LED bulbs don't burn nearly as brightly or as long as advertised. Light emitting diode bulbs made by the Walnut company are sold at major national retailers, such as Home Depot, Wal-Mart and Costco. The suit alleges that Lights of America made false claims about the performance of some bulbs on its packaging and marketing materials beginning in 2008.
January 18, 2013 |
A breach-of-contract suit filed against comedian Adam Carolla by three former business associates suggests that the new media world may not be all that different from old Hollywood. Producer Donny Misraje -- who claims to have persuaded the radio and television personality and longtime friend to use podcasts to reach his listeners -- filed suit against Carolla on Thursday in Superior Court in Los Angeles. Misraje is joined in the suit by his wife, Kathee Schneider-Misraje, a creative director, and Sandy Ganz, who helped rebuild and maintain websites for the company's podcasts and co-hosted a show, "CarCast," with Carolla. The trio allege Carolla failed to distribute their share of the profits in the podcasting business -- or even provide an accurate accounting of the books -- in violation of an oral partnership agreement.