BURBANK – The Burbank-based Walt Disney Co. will slash 7,000 jobs as part of a $5.5 billion cost-cutting effort, CEO Bob Iger announced Wednesday. The possibility of layoffs at Disney has been rumored for weeks, with Iger regaining his footing in the CEO’s office following the surprise ouster of CEO Bob Chapek in November. Iger broke the news during an earnings call Wednesday afternoon, following the release of the company’s first-quarter earnings report. Iger said he is targeting $5.5 billion in cost savings “across the company.” “To help achieve this we will be reducing our workforce by approximately 7,000 jobs,”…
Author: City News Service
LOS ANGELES – A notice of a tentative settlement was filed Wednesday in a case brought against Los Angeles Unified alleging a girl, now 16 years old, was molested by an after-school program counselor when she was 11 in 2017. Lawyers for the LAUSD stated in their Los Angeles Superior Court papers that the settlement of the case brought on behalf of the plaintiff identified only as S.C. was “conditional” and dependent upon the completion of unspecified events. The court papers further stated that a request for dismissal will be filed by April 30. No settlement terms were divulged. Trial…
MAR VISTA, Calif.- A man, a woman and a cat were killed in fire that swept through a one-story home Wednesday in Mar Vista. Fire crews responded at 2:22 a.m. to a 1,096-square-foot home at 3537 S. May St. where they found the home completely engulfed in flames and quickly began extinguishing the fire, said Los Angeles Fire Department spokesman Brian Humphrey. After the fire was out firefighters began a search of the residence and found the victims and the cat. It took 20 firefighters 22 minutes to extinguish the fire, Humphrey said. No other injuries were reported.
LOS ANGELES – An Encino chiropractor has been sentenced to 2 1/2 years behind bars for his role in a multimillion-dollar scheme involving former NBA players to defraud the basketball league’s health plan, according to court papers obtained Wednesday. Patrick Khaziran, known to players as Dr. Pat, was also ordered Tuesday by a federal judge in Manhattan to pay restitution of $1.3 million and forfeit $439,000. For four years ending in 2021, Khaziran and nearly two dozen former NBA players, including Terrence Williams, provided false documentation showing that the ex-pro players received certain medical services when, in fact, the medical…
SANTA MONICA, Calif. – The former acting controller for the Comedy Store says in new court papers that a CPA partner in an accounting firm failed to provide him with crucial information and act within established deadlines so that the business devastated by the pandemic shutdown could have obtained at least $8.5 million in relief funds. The ex-acting controller, Harold Breslow, gave a sworn declaration to Comedy Store attorneys that was filed Monday with Santa Monica Superior Court Judge Craig Karlan in opposition to a motion by Seattle-based Moss Adams LP to dismiss the case, which argued that it should…
LAKE BALBOA, Calif. – Two people were killed Wednesday in a high-speed two- vehicle collision in Lake Balboa that police said was caused by a motorist who went through a red light at an intersection. The crash was reported about 3:45 a.m. at Balboa and Victory boulevards, according to the Los Angeles Police Department. A woman in her mid-20s died at the scene, the LAPD reported. Her name was not immediately released. According to police, the fatally injured woman was driving a Honda Accord that was eastbound on Victory Boulevard. A Chevrolet Corvette that was northbound on Balboa Boulevard went…
LOS ANGELES – A man who was fatally shot Wednesday was in a “suspect vehicle” apparently connected to an assault with a deadly weapon investigation in the Rancho Dominguez area, authorities said. Officers were sent to 73rd Street and Avalon Boulevard in the south Los Angeles area at about 5:35 a.m. Wednesday, according to the Los Angeles Police Department. A vehicle crashed at that location, and an investigation was initiated, according to the LAPD and reports from the scene. According to the Los Angeles County Sheriff’s Department, a man who was in the vehicle died at the scene. The man’s…
WESTMINSTER – A pedestrian was hit by a vehicle and killed Wednesday on the Garden Grove (22) Freeway in the Westminster area. The person was injured at about 5:15 a.m. on the westbound freeway at Beach Boulevard and died at the scene, according to the California Highway Patrol. Information was not immediately available on the identity of the fatally injured person, described only as a male whose age was not known. The circumstances of the death were under investigation.
LOS ANGELES – There were no tickets sold with all six numbers in the latest drawing of the multi-state Mega Millions lottery and the estimated jackpot for Friday’s drawing will be $50 million. There were two tickets sold with five numbers, but missing the Mega number, one each in Illinois and Missouri, according to the Multi-State Lottery Association, which conducts the game. They are each worth $1 million. The numbers drawn Tuesday were 9, 15, 46, 55, 57 and the Mega number was 4. The jackpot was $31 million. The drawing was the second since the last time a ticket…
SYLMAR, Calif. – A man was wounded in a shooting in Sylmar Tuesday evening and the suspect fled from police. Mission Division officers responded at 9:50 p.m. to the intersection of Glenoaks Boulevard and Hubbard Street where they found a man suffering from gunshot wounds, according to Los Angeles Police Department Officer Mike Lopez. Officers pursued a suspect on foot but have not been able to apprehend him, KCAL reported. LAPD has called a helicopter to assist with the pursuit. The victim was taken to a hospital in an unknown condition.