The insurer condemned last year for holding a $400,000 executive retreat after taking billions of dollars in bailout funds says it will spend $30,000 on this weekend’s event at a luxury spa in Ojai.
American International Group Inc., the troubled insurer condemned last year for holding a $400,000 executive retreat after taking billions of dollars in government bailout money, is hosting a million-dollar conference at a luxury spa in Ojai this weekend.
Kenneth D. Lewis will leave Dec. 31, by which time a successor will be in place, the company said.
Kenneth D. Lewis, who helped build Bank of America Corp. into a national powerhouse but presided over its deep problems during the financial crisis, announced this afternoon that he would step down as chief executive at the end of the year.
State and county transportation officials are seeking feedback on several proposals to widen the 405 Freeway between the San Joaquin Hills (73) Transportation Corridor and the 605 Freeway.
Two people were wounded in a gang-related shooting Santa Monica Wednesday night. The shooting happened about 6:15 p.m. at Lincoln Boulevard and Marine Street, Santa Monica police Lt. Mohamed Marhaba said.
At a luncheon in L.A. sponsored by regional transit agencies, TV and radio traffic reporters are acknowledged for their work.
They’re not the Emmys or the Oscars, and the gift baskets aren’t full of expensive goodies.
Relatives of Darrick Collins, who was fatally shot by a sheriff’s deputy in Athens, allege poor training and misuse of deadly force.
The family of an unarmed man fatally shot earlier this month by a Los Angeles County sheriff’s deputy filed a legal claim against the county Wednesday, alleging that sheriff’s deputies are poorly trained and routinely use deadly force on people who don’t pose any threat.
The 95-unit development will be built at 3rd Street and Wetherly Drive in the Beverly Grove neighborhood under a compromise fashioned by Koretz to satisfy neighborhood opponents.
The Los Angeles City Council voted Wednesday to approve a 12-story condominium building near the Beverly Center that had drawn fire for months from neighborhood activists and a nearby hotel.
About 350,000 doses of the swine flu vaccine will be sent to California in the first round of shipments from the federal government.
In the largest jury award ever in a firefighting cost-recovery case, a federal jury today ordered two construction companies to pay nearly $36.5 million to reimburse the government for costs associated with a massive 2002 wildfire near Santa Clarita.
Villaraigosa says the AnsaldoBreda facility, which begins construction next summer at the earliest, will attract ‘decent middle-class jobs’ and clean-technology firms to the city.
Los Angeles Mayor Antonio Villaraigosa on Wednesday praised the planned construction of a light-rail car manufacturing plant along the Los Angeles River, saying it would bring “decent middle-class jobs” and attract clean technology firms to a city hard-hit by the national recession.
