Archive for August 5th, 2011

InlandPolitics: S&P lowers US credit rating to AA+

AA+

Friday, August 5, 2011 – 06:00 p.m.

As expected, rating agency Standard and Poors lowered the soverign credit rating of the United States from AAA to AA+ late Friday afternoon.

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Friday, August 5, 2011 – 08:55 a.m.

Bank of America (NYSE: BAC) admitted Friday morning that earlier projections of losses related to its buyback of soured mortgage-backed securities may be inadequate.

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The Sun (AP): Stocks fall as cracks in U.S. economy widen

By Andrew Edwards Staff Writer
Posted: 08/04/2011 06:09:49 PM PDT

The Dow Jones industrial average fell more than 500 points Thursday, continuing a two-week plummet in stock prices that has coincided with the federal government’s last-minute dodge of a default on the national debt, a series of bad economic news and Europe’s ongoing debt crisis.

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The PE: FAA: Deal set, but toll heavy on Inland workers

10:06 PM PDT on Thursday, August 4, 2011

By BEN GOAD
Washington Bureau

WASHINGTON – Lawmakers struck a deal Thursday to restore funding to the Federal Aviation Administration, signaling an end to a partial shutdown that has cost the agency hundreds of millions of dollars in lost revenue and forced an estimated 74,000 workers off the job.

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The Sun: OpEd: Defendants convicted without a trial

By Paul M. Mahoney
Posted: 08/04/2011 06:23:06 PM PDT

I live in Los Angeles County and am not involved as a participant in any way in the Colonies litigation.

This is in response to your editorial “Appalling portrait of leadership,” July 27. Usually, the newspaper maintains high journalistic integrity, but that editorial did not measure up. It is almost as if the newspaper, with that editorial and prior expos type articles about the Colonies settlement, is attempting to convict the defendants before there has been a trial.

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By Jesse B. Gill Staff Writer
Posted: 08/04/2011 06:12:58 PM PDT

The transportation planning agency for San Bernardino County has new leadership this week as the board of directors named a temporary executive director and announced the election of a new board president.

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By Liset Márquez Staff Writer
Created: 08/04/2011 06:16:06 PM PDT

ONTARIO – As passenger volumes at L.A./Ontario International Airport continue to dip, officials are not optimistic there will be a turnaround in the near future.

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By Sandra Emerson Staff Writer
Created: 08/04/2011 06:15:59 PM PDT

UPLAND – It would not be election season if there were not reports of missing or vandalized political signs.

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VVDailyPress: Barstow’s move to 3rd District looks likely

August 04, 2011 5:02 PM
SARA MITCHELL
Staff Writer

BARSTOW • The city may be under different county leadership in 2012 as the latest proposed county district lines move Barstow into the 3rd District, where two campaigns for supervisor are underway.

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