Media outlets reported that a shareholder lawsuit that is demanding Johnson & Johnson (J&J) CEO William Weldon return a large portion of the compensation he’s received since 2006 could force the company to explain why he is paid more than any other pharmaceutical CEO even though the company has languished during his time at the helm. According to the lawsuit, the previous CEO has received approximately $150 million in compensation since 2006 and he is paid more than the next (read more)
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06
Sep
2011
Investors Target J&J’s $150M CEO
02
Sep
2011
Los Angeles Ranks 12 on Worst Drivers List
In a recent report released by Allstate Insurance, Los Angeles ranked number 12 on the list of worst drivers, down one spot from 11th place last year. Allstate estimates the average period of time between collisions for a driver to be 6.6 years, compared to the national average of 10 years. The report evaluated 193 of the biggest cities in the United States, in terms of car collision frequencies. Amongst cities with a population over a million, Los Angeles ranked (read more)
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31
Aug
2011
Honda Civic Collides with Bieber’s Ferrari
Pop singer Justin Bieber was hit by a Honda Civic on Tuesday at about 12 p.m. in an underground parking garage in San Fernando Valley. The matte black Ferrari F430 driven by the 17-year-old escaped the run-in unscathed. News sources report that the collision was described as “very minor,” by the Los Angeles Police Officer who responded to the scene. The driver of the Honda Civic attempted to navigate around Bieber’s Ferrari and bumped into the left rear side in (read more)
Read MoreMedia sources reported that two Los Angeles County Sheriff’s Deputies sustained moderate injuries after a DUI driver struck their vehicle Saturday in Malibu. According to Sheriff’s Lt. Josh Thai, the two deputies had just finished a safety sweep along Malibu beach when they returned to their vehicle, which was parked on the shoulder of the Pacific Coast Highway. A BMW driven by a 44-year-old man struck the rear of their vehicle after the deputies were inside and sent the vehicle (read more)
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26
Aug
2011
Banned Asian Honey Overruns US Food Market
Media outlets reported that more than a third of the honey consumed in the US was likely smuggled from China and is potentially contaminated with illegal antibiotics and heavy metals. Studies show that millions of pounds of honey that was deemed unsafe in dozens of European countries are now being imported to the US and sold in record amounts. Experts said that some of the largest US honey packers knowingly buy mislabeled, transshipped or potentially altered honey so they can (read more)
Read MoreNews agencies reported that two people sustained moderate to major injuries when a big rig jackknifed on a freeway interchange in San Diego Wednesday night and crushed a passenger vehicle. According to the California Highway Patrol (CHP), the accident happened just before 6:30pm Wednesday. Witnesses stated that a big rig traveling southbound on the 405 Freeway interchange to the 710 Freeway to Long Beach approached the interchange at an excessive speed. While attempting the move into the lanes for the (read more)
Read MoreMedia sources reported that a 50-year-old man was struck and killed while riding his bicycling in an unincorporated area near Compton Tuesday, prompting the California Highway Patrol (CHP) to launch a search for the vehicle. According to CHP Officer Patrick Kimball, the cyclist was attempting to cross the intersection of Avalon Boulevard and Redondo Beach Boulevard when he was struck by a black BMW at about 9:10pm Tuesday night. The cyclist was northbound on Avalon Blvd when he entered the (read more)
Read MoreMedia agencies reported that a 21-year-old woman responsible for killing a man while driving and sending a text message has been banned for life from carrying a cell phone in her car. The unusual sentence was handed down as part of a plea bargain with prosecution in the effort of sparing her a possible 5-year prison sentence. The woman admitted to causing the death of the 80-year-old man from Glendale after striking him with her vehicle while he attempted to (read more)
Read MoreNews outlets reported that a multiple vehicle accident resulted in more accidents on the 134 Freeway in Burbank Monday. According to the California Highway Patrol (CHP), the Burbank Fire Department, along with the help of the Los Angeles City Fire Department, responded to the primary accident at around 4:45pm Monday afternoon. California Highway Patrol officers are still investigating the accident, but it is known that an SUV was overturned near the Hollywood Way overpass on the 134 Freeway in the (read more)
Read MoreOne person was killed and thee others hospitalized late Thursday after a car collided with a tow truck parked on the eastbound shoulder of Interstate 105 near Los Angeles International Airport, report news sources. According to the Los Angeles Fire Department, at approximately 11:55 p.m. a Toyota Camry struck the back of the tow truck, which had stop to assist the occupants of another vehicle with a flat tire. The Toyota clipped the tow truck and spun around, ejecting one (read more)
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