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Fisker Automotive lays off most workers, struggles to find investor
Struggling carmaker Fisker Automotive laid off 160 employees, most of its staff, Friday as it struggles to reach a financing deal that would save the maker of the Karma hybrid sports car. The Anaheim company dismissed all but a core group of about 40...
Tags: Companies and Corporations, Manufacturing and Engineering, Career and Workplace, Automotive Equipment, Media Industry
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U.S. taxpayers could wind up with Fisker Automotive assets
Stymied by unsuccessful efforts to craft a deal with Chinese investors to save the company, struggling carmaker Fisker Automotive laid off most of its workers Friday. Analysts said the move, combined with retaining a bankruptcy law firm last month,...
Tags: Companies and Corporations, Career and Workplace, Unemployment, Services and Shopping, Economy, Business and Finance
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Former Enron CEO may have his prison sentence shortened
Former Enron Chief Executive Jeffrey K. Skilling, who is serving a 24-year prison sentence for his part in the collapse of the energy giant, could win an early release under a possible deal with the Justice Department. Skilling was convicted in 2006...
Tags: Crime, Law and Justice, Companies and Corporations, WorldCom Incorporated, Justice System, Colleges and Universities
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Generating stunning visual effects, but not enough revenue
This should be a golden age for visual effects in movies. Thanks to the box office success of movies such as "The Avengers" and "Life of Pi," demand for visual effects has never been greater. Studios are spending $100 million or more to put ever more...
Tags: Environmental Issues, India, Vancouver (Canada), Titanic (movie, 1997), Business
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Possible Stockton bankruptcy sets up employee pensions battle
The city of Stockton's impending bankruptcy case sets up a battle over employee pensions. A federal judge ruled Monday that Stockton was eligible for bankruptcy protection, rebutting Wall Street creditors who claimed the city was not. U.S....
Tags: Crime, Law and Justice, Assured Guaranty Limited, Pension and Welfare, Justice System, Judges
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Does Congress have the heart to avert disability crisis?
Bonnie Lee worked for 12 years as a health technician for Kaiser Permanente in Southern California, started her own Web services company, and raised two kids as a single mother in Ontario. Then Bonnie, 51, moved back East to rural Pennsylvania and...
Tags: Osteoporosis, Pension and Welfare, Career and Workplace, Entertainment, Massachusetts Institute of Technology
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Stockton bankruptcy can move forward, judge rules
STOCKTON -- A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, over the objection of creditors who argued the city could come up with more money. U.S. Bankruptcy Judge Christopher Klein said Stockton can move forward with...
Tags: Crime, Law and Justice, Pension and Welfare, Justice System, Judges, Career and Workplace
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Minor-league NASCAR racing returns to Irwindale Speedway
After more than a year's absence, Irwindale Speedway will again host minor-league NASCAR stock car racing, starting Saturday night. The night's program at the half-mile paved track includes so-called super late models and other types of cars that are...
Tags: Stock Car Racing, Auto Racing, NASCAR
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Stockton bankruptcy clears way for CalPERS pension fight
A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, but left the door open for CalPERS obligations to be part of negotiations in the coming phases of the bankruptcy. Over the objection of creditors who argued the city could...
Tags: Crime, Law and Justice, Pension and Welfare, Justice System, Judges, California Public Employees' Retirement System
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Stockton eligible for bankruptcy protection, federal judge rules
A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, despite the objection of creditors who argued the city could come up with more money. Stockton is the biggest U.S. city to file for bankruptcy. When it filed last...
Tags: Crime, Law and Justice, Justice System, Judges, Financially Distressed Companies, Easter
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Auto industry rebound drives UAW union membership growth
This article has been corrected. See note below for details.Thanks to a rebound in the auto industry, the UAW is reporting a growth in union membership. The UAW, which represents workers at the American auto companies as well as some public sector workers and even casino employees, said it finished last year...Tags: Casino and Gambling Industry, Manufacturing and Engineering, General Motors Corp., Automotive Equipment, Media Industry
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As potential investors back away, Fisker retains bankruptcy law firm
Unless its celebrity customers such as teen idol Justin Bieber and actor Leonardo DiCaprio want to put a lot of their own cash into the business, it looks like hybrid sports car company Fisker Automotive is nearing the end of the road. Fisker has...
Tags: Companies and Corporations, Tesla Motors, Inc., Services and Shopping, Toyota, Hybrid Vehicles
Apr 5, 2013
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Apr 5, 2013
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Apr 4, 2013
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Mar 24, 2013
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Apr 2, 2013
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Apr 2, 2013
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Apr 1, 2013
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Apr 2, 2013
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Apr 1, 2013
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Apr 1, 2013
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Mar 29, 2013
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Mar 29, 2013
|Story| Los Angeles Times
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