CALIFORNIA | LOCAL
May 8, 2012 | By Andrew Blankstein, Los Angeles Times
Jet Tanner was sound asleep in his Irvine home on a March night when he was awakened by the sound of crashing glass. He ran to the front of the house just as the thieves were pulling away. They left a computer and a flat-screen television. In fact, the only thing they took was his 14-year-old daughter Millie's cyclocross team bicycle, worth more than $5,000 and custom made for her competitive racing. "She was crying. She was devastated," Tanner recalled. "She couldn't believe they took her bicycle and equipment and left everything else.
BUSINESS
May 5, 2012 | By Ken Dilanian, Los Angeles Times
WASHINGTON - Concerned about possible cyber spying, U.S. national security officials are debating whether to take the unprecedented step of recommending that a Chinese government-owned mobile phone giant be denied a license to offer international service to American customers. China Mobile, the world's largest mobile provider, applied in October for a license from the Federal Communications Commission to provide service between China and the United States and to build facilities on American soil.
BUSINESS
April 25, 2012 | By W.J. Hennigan, Los Angeles Times
Troubled insurance giant American International Group Inc. filed a lawsuit against the former head of its aircraft leasing business, Steven Udvar-Hazy, contending the Los Angeles billionaire stole company secrets, wooed away customers and pilfered business deals after he started a competing firm in 2010. The New York insurance company and its Century City unit, International Lease Finance Corp., or ILFC, filed suit Tuesday in Los Angeles County Superior Court. The 33-page complaint listed the defendants as Udvar-Hazy, his current company, Air Lease Corp., and 30 employees who left ILFC to work with him. AIG asserted in the lawsuit that the defendants collectively connected 16 flash drives to ILFC computers and downloaded nearly 13,000 ILFC files, which included price data concerning the value of aircraft fleets, past contracts, letters of intent and statements of work.
ENTERTAINMENT
April 23, 2012 | By David Ng
Timothy Potts, who was named director of the Getty Museum in February and who will assume the post in September, no doubt had a busy weekend. As was reported in the British media, the Fitzwilliam Museum in Cambridge, England, where Potts currently serves as director, is reeling from a major theft of ancient Chinese artifacts. The Telegraph reported that 18 items including a 14th century Ming jade cup were stolen around Friday evening. The missing pieces also include a jade-carved buffalo from the 16th century, a carved horse from the 17th century and a green and brown jade carved elephant.
CALIFORNIA | LOCAL
April 16, 2012 | By Richard Winton, Los Angeles Times
Police in downtown Los Angeles have seen cellphone thefts soar as smartphones like the iPhone become easily turned into pay-as-you-go phones. In the first quarter of this year, thefts of cellphones increased 32% in the downtown area. In the one-mile-square area of skid row, the increase is even more pronounced, said Los Angeles Police Lt. Paul Vernon. Individuals reported 54 cellphones taken in crimes within skid row in the first three months of 2012, compared with 115 during all of 2011.
BUSINESS
April 10, 2012 | By Jim Puzzanghera, Los Angeles Times
WASHINGTON - The nation's largest wireless carriers are banding together with regulators and law enforcement officials to launch an effort to make stolen cellphones and other mobile devices as useless as an empty wallet. The goal is to cut down on increasing thefts of smartphones by making them less appealing to criminals. AT&T Inc., Verizon Wireless,T-Mobile USA andSprint Nextel Corp. said Tuesday they will create a central database to track stolen devices and prevent them from being reactivated.