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Ellison gets even richer with $84.6M pay package
- Billionaire Larry Ellison raked in a fiscal 2008 pay package valued at $84.6 million for his work as Oracle Corp.'s chief executive and topped it off with a nearly $544 million windfall from cashing in stock options that he has accumulated during his 31-year reign at the business software maker.Oracle's payments and other awards to Ellison, spelled out in documents filed Wednesday, represented a 38 percent raise from the $61.2 million package that the Redwood Shores-based company doled out to its flamboyant leader in the previous year. Auto firms to end lead-wheel-weight use in Calif.
- An Oakland, Calif., environmental group has announced that Chrysler LLC and three auto-parts makers have agreed to end their use of lead wheel weights in the state.The settlement Wednesday comes a year after the Center for Environmental Health sued the companies claiming weights falling off cars and trucks were polluting California's drinking water. Man may have to pay $22 million for investor scam
- A man accused of lavishly spending millions of dollars of his investors' money has been tentatively ordered to repay $22 million in the alleged swindle.James R. Halstead and his company, GamePlan, Inc., must repay the money to some 80 investors, U.S. District Judge David O. Carter wrote in a tentative summary judgment filed Monday. The ruling had not been finalized as of Wednesday. Companies to end lead wheel weight use in Calif.
- An Oakland environmental group has announced that Chrysler LLC and three auto-parts makers have agreed to end their use of lead wheel weights in California.The settlement Wednesday comes a year after the Center for Environmental Health sued the companies claiming weights falling off cars and trucks were polluting the state's drinking water. Judge: 'Dancing baby' lawsuit can proceed
- A federal judge is allowing a Pennsylvania woman to sue Universal Music Corp. for forcing YouTube to take down a video clip of her baby dancing to Prince's "Let's Go Crazy."Universal Music demanded the removal of the 29-second home video by Stephanie Lenz of Gallitzin, Pa., because it allegedly violated copyright laws on the song. Mattel seeks nearly $2 billion in fight over Bratz dolls
- The maker of pouty-lipped Bratz dolls and its CEO owe toy giant Mattel Inc. nearly $2 billion for stealing its conceptual drawings for the urban-influenced toys, a Mattel attorney said Wednesday during closing arguments in the damages phase of a copyright infringement lawsuit.The jury ruled last month in the first phase of the federal trial that the designer of MGA Entertainment Inc.'s Bratz dolls, Carter Bryant, came up with the Bratz concept while working for Mattel. Man dies when bluff collapses at San Diego beach
- A stretch of oceanside bluff below the Torrey Pines Golf Course collapsed and killed a man Wednesday, authorities said.The man, whose identity was not released, suffered severe head trauma when he was struck by the falling rocks, said San Diego police spokesman Gary Hassen. Next 'Bachelor' is 'Bachelorette' reject
- If the new man looking for love on ABC's "The Bachelor" looks familiar, that's because he was rejected last season on "The Bachelorette."Jason Mesnick, whose proposal to DeAnna Pappas was spurned during the finale, will search for romance among 25 bachelorettes when the 13th season of the reality series returns in January. Man dies in bluff collapse at Torrey Pines
- A man was killed Wednesday by a collapsing stretch of oceanside bluff below the Torrey Pines Golf Course, authorities said.The man, whose identity was not released, suffered severe head trauma when he was struck by the falling rocks, said San Diego police spokesman Gary Hassen. Few arrested in San Diego State bust face charges
- Nearly four months after federal agents and campus police stormed San Diego State University's Fraternity Row in one of the nation's largest campus drug busts, fewer than half of those arrested face charges as the school tries to repair its image ahead of the upcoming academic year.Authorities announced 128 people had been arrested, but only 77 cases were referred to the San Diego County district attorney's office, which never filed charges against eight people and dismissed charges or issued citations to another 11, bringing the total number of active charges to just 58. |
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