Top News & Analysis Los Angeles

  • Sept 19- California on Monday moved to restrict air pollutants from sources as diverse as diesel trucks and cow flatulence, the latest of several efforts in the most populous U.S. state to reduce emissions leading to climate change. Under a bill signed Monday by Democratic Governor Jerry Brown, the state will cut emissions of methane from dairy cows and other...

  • CAPE CANAVERAL, Fla., Sept 15- SpaceX on Thursday said efforts to develop and certify a space taxi for NASA are not being slowed by an investigation into a launch pad fire that destroyed its rocket and a $200 million Israeli communications satellite. Boeing Co and SpaceX, owned and operated by technology entrepreneur Elon Musk, are building spaceships to fly NASA...

  • Sept 13- The bankruptcy of Korea's Hanjin Shipping Co Ltd is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move ocean-shipping containers on U.S. roads. Terminal operators in the California ports of Long Beach and Oakland are not taking back empty containers. "If it's not fixed in the...

  • SEOUL/ SYDNEY, Sept 13- The chairman of Hanjin Group transferred 40 billion won to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time." The parent of Hanjin Shipping pledged last week to raise 100 billion won to help rescue cargo in...

  • SAN FRANCISCO/ SEOUL, Sept 12 (Reuters)- A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hanjin Shipping Co Ltd began moving out of one California port on Monday, and a second ship received orders to head to dock, after the turmoil created by the South Korean company's collapse. Truckers began moving freight from the Hanjin Greece, one of...

  • SAN FRANCISCO/ SEOUL, Sept 12- A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hajin Shipping Co Ltd began moving out of a California port on Monday as shareholders and executives of the South Korean firm pledged funds to help resolve the turmoil created by its collapse. The Hanjin Greece, one of roughly a dozen of the company's ships...

  • SAN FRANCISCO/ SEOUL, Sept 12- A Hanjin Shipping Co Ltd vessel is finishing unloading in California and scheduled to leave port on Monday, shipping industry officials said, as shareholders and executives associated with the South Korean firm pledged funds to help resolve the turmoil created by its collapse. Truck drivers probably will begin moving containers...

  • The Hanjin Greece docked in Long Beach on Saturday after a U.S. bankruptcy court granted it protection and terminal operators agreed to take it. The U.S. court on Friday gave three other Hanjin ships protection from seizure, and one has been waiting near the Long Beach port since. The delays have concerned importers like Alex Rasheed, president of Pacific Textile...

  • LOS ANGELES, Sept 10- Dock workers began unloading furniture, clothing and other cargo on Saturday from a container ship owned by bankrupt Hanjin Shipping Co Ltd, breaking a logjam that has stranded goods on a dozen vessels bound for the U.S. West Coast. The Hanjin Greece docked at the Port of Long Beach in California early Saturday morning and workers were hauling...

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. One of the four, the Hanjin Greece, was scheduled...

  • HANJIN GREECE CONTAINER SHIP CLEARED TO DOCK AND UNLOAD CARGO AT PORT OF LONG BEACH, CALIFORNIA ON SATURDAY- SHIP MONITORING AGENCY.

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin had asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. Around $14 billion of...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing...

  • Sept 8- Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow the South Korean company to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the world's seventh-largest container carrier filed for bankruptcy. "There's no earthly reason why these parties should not be permitted to cut their...

  • A Wells Fargo bank branch in Washington, D.C.

    Wells Fargo has reached a $185 million settlement with regulators and Los Angeles over bundled banking products.

  • SAN FRANCISCO, Sept 6- Korean shipping line Hanjin Shipping Co Ltd won an order on Tuesday from a U.S. judge extending bankruptcy protections so its vessels can dock at U.S. ports without fear creditors will try take actions against the ships as they have in other countries. Bankruptcy Judge John Sherwood approved a motion by the world's seventh largest...

  • Metrolink train

    A Metrolink train collided with a truck near Sun Valley, California.

  • *Hanjin shares to resume trading on Sept. 5. SEOUL/ SINGAPORE, Sept 2- Roughly half of Hanjin Shipping Co Ltd's container vessels have been blocked from ports since the South Korean firm's collapse, putting manufacturers and their customers increasingly on edge about the fate of cargo and spikes in freight costs. One vessel has also been seized by a creditor in...