BRIEFCASE GAS PRICES' CLIMB CONTINUES IN L.A.Byline: - Staff and wire reports Pump prices increased for the sixth straight week throughout Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , 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 is currently $1.287 per gallon, which is 0.7 cents above last week's price. Global Crossing shifting to Valley WOODLAND HILLS - Embattled telecom company Global Crossing is closing its offices in Beverly Hills and will move part of its staff to an office in the Warner Center Plaza towers, 21640 Oxnard St. Company spokesman John Schmidt said Friday that Global Crossing had not yet determined how many workers would be relocated to Woodland Hills. Some of the employees will be moved to another office in El Segundo. Ixia to speed up with ANVL's help CALABASAS - Ixia, provider of high-speed network services, said Friday it will quicken the pace of its product line via a new application known as an Automated Network Validation Library. ANVL ANVL Automated Network Validation Library , developed by Japan-based Empirix, is widely used in the industry by Alcatel, Intel, Lucent, Siemens and Cisco. Errol Ginsberg, chief executive officer of Calabasas-based Ixia, said adding ANVL to Ixia's arsenal will vastly improve the company's performance. Investment firm plans apartments VALENCIA - A San Francisco investment company has purchased land in Valencia's developing Westridge area, where it plans to build a 234-unit apartment complex. BRE (Business Rules Engine) Software that automates policies and procedures within an organization, whether legal, internal or operational. The use of a rules engine (BRE) requires placing the company rules in an external repository that can be easily reviewed rather than Properties paid $11.2 million for the 7.35 acres at Valencia Boulevard and The Old Road and will begin construction in the spring. The complex will offer views of the championship golf course planned at Westridge. SCE SCE (in Scotland) Scottish Certificate of Education SCE n abbr (= Scottish Certificate of Education) → Schulabschlusszeugnis in Schottland predicts debt paid off by March ROSEMEAD - Beleaguered be·lea·guer tr.v. be·lea·guered, be·lea·guer·ing, be·lea·guers 1. To harass; beset: We are beleaguered by problems. 2. To surround with troops; besiege. utility Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. said Friday it expects to pay its outstanding debt and emerge from the threat of bankruptcy by March 1. The company is negotiating for financing that, combined with cash on hand and earnings since the first of the year, should add up to the $5.5 billion Edison needs to pay for power bought during last year's power crisis and repay debt owed to banks and bondholders. Edison cautioned that 2002 would be a rebuilding year and that it would still be months before the company is fully restored to creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. . Edison International reported net income of $2.2 billion in the fourth quarter, primarily because the company reclaimed assets that had previously been written off as uncollectable. Airline, union talk to prevent strike CHICAGO - United Airlines and the union representing its 13,000 mechanics and aircraft cleaners began urgent contract talks Friday amid signs both sides were hopeful of a settlement in time to avert a strike next week. The deadline is 9 p.m. Tuesday. Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. to shut Irvine call center KANSAS CITY, Mo. - Sprint PCS plans to close an Irvine customer service center and four others across the country, putting an estimated 3,000 people out of work but saving the company an estimated $60 million annually, the wireless carrier announced Friday. The cuts represent about 9 percent of PCS' work force and follow the layoffs of 6,000 employees and 1,500 contract workers in recent months. |
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