BRIEFCASE COUNTY'S JOBLESS RATE DOWN TO 6.4%.Byline: - Staff and Wire Services Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County's unemployment rate dipped to 6.4 percent in September, a decrease of 0.5 percentage point in the past 12 months, the state said Friday. The rate was 6.6 percent in August, said the California Employment Development Department. Statewide, the jobless rate was 6.3 percent last month, up from 5.7 percent a year ago. The rate statewide was 6.4 percent in August. Last month, 16.6 million state residents earned paychecks, an annual increase of 12,000. Jenkins named Panavision CFO See Chief Financial Officer. WOODLAND HILLS - Panavision Inc. on Friday announced the appointment of Bobby G Bobby G (also known as Bobby Gee) (born Robert Alan Gubby, on 23 August 1953, Epsom, Surrey, England) is a singer with the British pop group Bucks Fizz. Career Gee was one of the four original members of Bucks Fizz when it was formed in 1981 to compete in the Eurovision . Jenkins as the company's executive vice president and chief financial officer. Jenkins succeeds Scott Seybold, who is now executive vice president of business development of Panavision, manufacturer of high-precision camera equipment systems for the movie and television industries. Jenkins previously served as CFO of Sunbeam Inc. and has occupied the top financial posts at the Coleman Company This article is about the Coleman Company, suppliers of recreational equipment. For other uses of the word Coleman, see Coleman (disambiguation) Coleman Company, Inc. is a company that makes camping gear. It was founded by W. C. Outdoor Recreation Group and Marvel Entertainment Group. SoCal gas prices down for 5th week Gasoline prices in Southern California fell for the fifth consecutive week this week due to high supply and declining demand, the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. reported Friday. The average price of self-serve regular unleaded gasoline in the Los Angeles area was $1.563 per gallon Friday morning - 1.9 cents less than last week, 6 cents less than last month and 4 cents more than last year, according to the Auto Club. Occidental to sell chromium unit WESTWOOD - Occidental Petroleum Corp. announced Friday it has agreed to sell its chromium chemical business to U.K.-based Elementis for $40 million and up to an additional $6 million in future payments. Occidental will recognize a third-quarter after-tax loss of about $30 million as a result of the sale. The transaction, which is subject to regulatory approvals, is expected to close by the end of the year. K2 Inc. president Heckmann quits Los Angeles-based K2 Inc., which makes skis, snowboards and other gear, announced today the resignation of its president and chief executive officer. Richard J. Heckmann, chairman of K2's board of directors, said Richard M. Rodstein will continue to act as a consultant for the company. Heckmann, the former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of US Filter, assumed the K2 CEO's post. J. Wayne Merck, K2's executive vice president, moves into the chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. spot. The reason for Rodstein's resignation Friday was not disclosed. Former controller owns up to fraud JACKSON, Miss. - The former controller of WorldCom Inc. pleaded guilty Friday to a state securities fraud charge in the telecommunication company's multibillion-dollar accounting scandal. The Circuit Court plea from David Myers, 44, follows his guilty plea to similar charges in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of federal court last month. Pair want probe of PacBell layoffs SAN FRANCISCO - Two members of the state Public Utilities Commission want to investigate whether roughly 3,000 expected layoffs at SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Pacific Bell could harm customer service throughout California. Commissioner Carl Wood said during a news conference Friday that California's largest local phone-service provider has acknowledged that the layoffs, among 11,000 nationwide by parent company SBC Communications Inc., will jeopardize customer service. But PacBell contends that the PUC (Public Utility Commission) A regulatory body in every state in the U.S. that governs public utilities within its jurisdiction such as electricity, gas, oil, sewer, water, transportation and telephone service. Some states call it the Public Service Commission (PSC). is exaggerating recent statements from PacBell. ``We anticipate no changes in our current service levels in connection with the announced position reduction,'' said John Britton, a PacBell spokesman. |
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