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| January 17, 2017

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L.A. longshoreman sentenced to 41 months for bilking union healthcare plan

January 17, 2017 |

A San Pedro dockworker who was convicted last year of bilking a union healthcare plan out of more than $ 200,000 has been sentenced to more than three years in federal prison.

David Gomez, 53, a member of the International Longshore and Warehouse Union Local 13, will serve a 41-month sentence and…


L.A. Times – Business

State Farm isn’t cutting rates fast enough and could be fined billions, insurance regulator says

January 17, 2017 |

The California Department of Insurance says State Farm is not moving fast enough to lower its rates for homeowners and renters and  it could face billions of dollars in fines if it doesn’t speed up the process.

The threat of hefty fines, sent Friday to State Farm, escalates an increasingly bitter…


L.A. Times – Business

American Apparel starts laying off 2,400 workers in Southern California

January 16, 2017 |

American Apparel began to lay off 2,400 workers in Southern California on Monday — kicking off its final chapter as the country’s largest garment maker.

Layoffs will continue through the rest of the week and affect workers on the manufacturing and production side, American Apparel said. The company…


L.A. Times – Business

Assaulting an airport gate agent can now lead to major prison time

January 16, 2017 |

As airlines report increased violent incidents caused by unruly passengers, the federal government has ruled that anyone who assaults an airport ticket agent will face the same fines and prison time as if they had attacked a Transportation Security Administration agent or other law enforcement…


L.A. Times – Business