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United States Surgical Corp

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BUSINESS
December 8, 1995 | Times Staff and Wire Reports
Sherman Oaks-based Hamburger Hamlet Restaurants Inc., as expected, filed for Chapter 11 bankruptcy protection in a move designed to help return the company to profitability. . . . United States Surgical Corp. will pay the federal government $10 million to settle allegations that it did not provide the Department of Veterans Affairs the same discounts on surgical instruments it offered to private customers.
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BUSINESS
December 8, 1995 | Times Staff and Wire Reports
Sherman Oaks-based Hamburger Hamlet Restaurants Inc., as expected, filed for Chapter 11 bankruptcy protection in a move designed to help return the company to profitability. . . . United States Surgical Corp. will pay the federal government $10 million to settle allegations that it did not provide the Department of Veterans Affairs the same discounts on surgical instruments it offered to private customers.
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BUSINESS
October 16, 1993 | From Times Staff and Wire Reports
U.S. Surgical Corp. to Cut Jobs, Freeze Wages: The maker of surgical products, suffering its second consecutive quarterly loss, plans to eliminate 700 jobs worldwide, representing 8% of its work force, and move to a four-day work week to cut costs. Chairman Leon Hirsch, who will take a 20% pay cut, blamed the loss on a switch in the company's distribution system, intensified competition and the uncertainties caused by President Clinton's health reform plan.
BUSINESS
October 16, 1993 | From Times Staff and Wire Reports
U.S. Surgical Corp. to Cut Jobs, Freeze Wages: The maker of surgical products, suffering its second consecutive quarterly loss, plans to eliminate 700 jobs worldwide, representing 8% of its work force, and move to a four-day work week to cut costs. Chairman Leon Hirsch, who will take a 20% pay cut, blamed the loss on a switch in the company's distribution system, intensified competition and the uncertainties caused by President Clinton's health reform plan.
BUSINESS
July 6, 1990 | From Reuters
An administrative law judge has barred Ernst & Young, the nation's largest accounting firm, from accepting most new business in the New York region for 45 days, ruling that the firm's predecessor improperly overstated a company's income. In a decision released Thursday, Jerome Soffer also censured managing partner Michael Ferrante for unprofessional conduct over questionable 1980 and 1981 audits of U.S. Surgical Corp.
BUSINESS
December 29, 1997
- H. Lynn Ryan has joined Ameriquest Mortgage Co., an Orange-based specialty lender, as executive vice president and chief information officer. Before joining the company, she was senior vice president and head of information services for Sanwa Bank California. - Steve Donohue has been named president of Western National Property Management in Irvine, one of three companies operated by Western National Group.
NEWS
April 29, 1992 | JAMES GERSTENZANG and DWIGHT MORRIS, TIMES STAFF WRITERS
Depending on how much money you paid for dinner of roast tenderloin of beef Tuesday night, you also got a ticket to a private White House reception, or lunch for two at the vice president's place or a photo opportunity with President Bush. That picture would have cost you $92,000. Known as "The President's Dinner," the huge Republican fund-raiser here Tuesday night was an annual affair.
NEWS
April 12, 1990 | ELIZABETH VENANT and DAVID TREADWELL, TIMES STAFF WRITERS
Three decades ago, when the animal rights movement was just reaching into public consciousness, its adherents airlifted wild burros marked for death from the Grand Canyon, stopped the clubbing of baby seals and took to the high seas to fend off whalers. Now they do that and much more, from staging anti-fur parades to operating a frog dissection hot line to burglarizing laboratories and torching a multimillion-dollar research facility.
BUSINESS
July 6, 1990 | From Reuters
An administrative law judge has barred Ernst & Young, the nation's largest accounting firm, from accepting most new business in the New York region for 45 days, ruling that the firm's predecessor improperly overstated a company's income. In a decision released Thursday, Jerome Soffer also censured managing partner Michael Ferrante for unprofessional conduct over questionable 1980 and 1981 audits of U.S. Surgical Corp.
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