This month marks 10 years since Lehman Bros. became the largest bankruptcy case in U.S. history. Today, we look back at the Great Recession. U.S. GDP by quarter Here is the nation’s gross domestic product, the broadest measure of economic activity, by quarter, from 2004 to today: Historical perspective The 18-month-long contraction of gross domestic…
A Santa Ana jury on Monday ordered Suzuki Motor of America to pay roughly $6 million in punitive damages in a civil lawsuit by a motorcycle rider who was injured when the front brakes failed to work, causing a collision. The same jurors on Friday decided that Suzuki also should pay about $2 million in…
If you live or work in the Fountain Valley area, you might need to rethink your beaten path for the next year or so. As part of a five-year widening project, the Slater Avenue bridge over the 405 Freeway is scheduled to close at 1 a.m. Friday, Sept. 21, for about 12 months. Slater will be…
The founder of an international music program under investigation for possibly providing flutes contaminated with semen to hundreds of Southern California students has been arrested on federal child exploitation charges. John Edward Zeretzke, 60, of Ventura was taken into custody Thursday by officers with the U.S. Postal Inspection Service and the Los Angeles County Sheriff’s Department….
With the recent opening of a totally rebuilt Fire Station 1 and the roll out of a major change to ambulance service, the Costa Mesa Fire Department’s offerings could be called both new and improved. After contracting with Care Ambulance, a private company, for about 10 years, Costa Mesa now takes patients to the hospital…
Los Angeles Rams defeated the Arizona Cardinals 34-0 during a NFL football game at the Los Angeles Memorial Coliseum on Sunday, September 16, 2018 in Los Angeles. Los Angeles Rams running back Todd Gurley (30) celebrates after running for a touchdown against the Arizona Cardinals in the first half of a NFL football game at…
Actor-comedian Tom Arnold, left, and producer Mark Burnett clashed Sunday, Sept. 16, 2018, at a pre-Emmy party in Century Park. The altercation was reportedly over Arnold’s upcoming series in which he searches for tapes of President Donald Trump that he believes Burnett has. (Photos by Getty Images) LOS ANGELES — Actor Tom Arnold and producer…
Thousands upon thousands of homes fell into foreclosure during the Great Recession after buyers signed loans they couldn’t afford. (Michael Goulding, The Orange County Register) In this photograph taken Feb. 23, 2009, a foreclosure sign blows in the wind in front of a home under foreclosure in Antioch, Calif. More than 1.5 million older Americans…
The Los Angeles Rams’ Jamil Derby, left, battles with Aaron Neary during drills during the Rams’ first practice for their 2018 training camp at UC Irvine on July 26, 2018. Neary was arrested Sunday, Sept. 16, 2018, in Simi Valley on suspicion of DUI. (Photo by Kevin Sullivan, Orange County Register/SCNG) LOS ANGELES — Los…
By CHUCK BURTON The Associated Press WILMINGTON, N.C — With Wilmington cut off from the rest of North Carolina by still-rising floodwaters from Florence, officials plan to airlift food and water to the city of nearly 120,000 people as rescuers elsewhere pull inland residents from homes threatened by swollen rivers. The spreading disaster claimed additional…
