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BUSINESS
March 26, 1990 | From Reuters
Avon Products Inc., the embattled cosmetics giant that has been trying to fight off uninvited overtures, said today that it has agreed to nominate two directors proposed by unwanted suitor Chartwell Associates LP to its board. Chartwell, an investment group that includes much smaller rival Mary Kay Cosmetics, oil heir Gordon Getty and the Fisher real estate family of New York, previously said it would make a bid for Avon if the group's candidates were elected to Avon's board.
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CALIFORNIA | LOCAL
April 25, 1997 | PENNY AREVALO
Art teacher Bruce Kanegai received the greatest compliment from one of his students not too long ago. She said he taught her mother 20 years ago at Simi Valley High School, and she considers him the best teacher she ever had. "That's what it's all about," Kanegai said. Perhaps the second-greatest compliment came this week when Amgen Inc. named Kanegai one of five recipients of its annual Amgen Award for Teacher Excellence. The prize comes with a $10,000 prize.
CALIFORNIA | LOCAL
August 26, 1994 | ERIC MALNIC, TIMES STAFF WRITER
A former employee filed a lawsuit against Cineplex Odeon and its Universal City Cinemas on Thursday, charging that the management of the movie theater complex at Universal Studios condoned a "pervasive environment of sexual harassment." Karen Kenney, 26, who worked as a personnel manager for Universal City Cinemas for about a year and a half before she was fired, said she was fondled and subjected repeatedly to crude jokes and explicit accounts of their sexual exploits by other employees.
BUSINESS
March 31, 2006 | From the Associated Press
The maker of Ambien has begun a new ad campaign that it hopes will reverse a sales slide triggered by reports that some patients couldn't recall driving or eating while sleepwalking when using the prescription sleep aid. The campaign by Sanofi-Aventis is likely to be the first salvo in what analysts predict will be a fierce advertising war in the market, which has seen sales drop in the aftermath of the negative news. Ambien is expected to have a new competitor by June, when Pfizer Inc.
NEWS
February 22, 2009 | Dan Nephin, Nephin writes for the Associated Press.
A memorial to United Flight 93 will be dedicated by the 10th anniversary of its crash in a rural Pennsylvania field on Sept. 11, 2001, officials pledged Friday. Plans for a memorial at the site near Shanksville, about 60 miles southeast of Pittsburgh, have been in the works for years. But complications including arguments over the design and problems buying land have prevented construction from starting. Federal and state officials as well as family members of the victims signed a "letter of commitment" Friday that they said reaffirms their goal of having the first phase of a memorial built by Sept.
BUSINESS
April 2, 2010 | By Alex Pham
Prepare for some sticker shock. When Apple Inc. releases its iPad tablet computer Saturday, some shoppers may be surprised to find that prices for some applications have been super-sized overnight, while others will remain free. According to several websites, including AppShopper, Appolicious and Silicon Alley Insider, some apps are expected to cost 50% to 500% more on the iPad than they do on the iPhone. Fieldrunners, a game by Subatomic Studios, goes for $2.99 for iPhone but is expected to be $7.99 for the iPad.
BUSINESS
September 2, 1995 | KELLY DAVID, TIMES STAFF WRITER
Perched on gray boulders that seem to jut out of the Santa Monica Freeway, the Jeep Wrangler looks as if it is about to thunder off the side of an old garment warehouse in Downtown Los Angeles, flattening oncoming cars. The ad, part of a nationwide trend in wall murals featuring hamburgers a giant would choke on, bottles of beer that would flood a stadium and jeans that would blanket a small town, is whipping up a controversy just as colossal.
BUSINESS
July 28, 2005 | Debora Vrana, Times Staff Writer
Profit at WellPoint Inc., the largest U.S. health insurer, more than doubled in the second quarter as the company cut costs, added members and raised premiums, the Indianapolis-based firm said Wednesday. The company was created in November when Anthem Inc. bought Thousand Oaks-based WellPoint Health Networks Inc., which operates Blue Cross of California, and took its name. The combined company runs health plans across the country, including Blue Cross and Blue Shield coverage in 13 states.
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