The Education Resources Institute, the oldest and largest nonprofit guarantor of private education loans in the country has filed for bankruptcy protection in Boston while it reorganizes, listing debt of as much as $1 billion and assets of more than $1 billion in its Chapter 11 petition.
This action was necessary as the nation's ongoing credit woes continue to cause unprecedented volatility in the student loan market and immense hardships on loan-related companies. Difficulties in financing the securitization of private education loans, along with a rise in borrower defaults and delinquencies brought on by a slow economy, have adversely ...
The jury in the trial of Esperanza Castro had not reached verdict by late Friday afternoon and deliberations were set to continue Monday, a court official said.
Attorneys for both sides remain on call.
College of the Canyons will celebrate Earth Day from 9:30 a.m. to 4 p.m. Tuesday at its Valencia campus with vendor booths, student presentations and various environmentally-themed panel discussions. The event is sponsored by the COC Sustained Development Committee.
The purpose of the event is "to open up a community-wide discussion about the environment and our responsibilities in caring for it," Jia-Yi Cheng-Levine, chair of the college's Sustained Development Committee, said in a statement.
With a big weekend tournament coming in Santa Barbara, it would have been easy for Valencia to overlook its Foothill league match Thursday against West Ranch.
Nationally, the month of April is designated as Alcohol Awareness Month. Alcohol Awareness Month began in 1987 as a way of reaching the American public with information about the disease of alcoholism. The disease of alcoholism affects young and old alike. While I believe education is key to changing behaviors, I don't believe that one month a year is enough education. I truly believe that there are teachable moments every day, especially for our young. I hope you use this column as a tool for one of those teachable moments for you and your teen.
Tales of caution
Canyon Theatre Guild: Over the River and Through The Woods
Imagine if your kids go to the bank to get their inheritance after you die, and the bank won't give them the money unless they go to court for months and spend thousands of dollars in probate fees. Imagine if you give all your money to your spouse after you die, but then the government steps in and takes a huge chunk of your assets that were intended for your heirs.
To The Editor:
It is fair to say that I was extremely disappointed in the results of the recent local election to fill two empty seats on the Santa Clarita City Council.
More and more present and future retirees are finding that the traditional idea of retirement is passé. What's more, there's plenty of evidence that keeping your hand in the game, or even finding a new calling, will yield a longer, healthier and happier latter stage of your life. And given rising health care costs, that adult child who suddenly has returned home or the aging parent who needs care, working a little longer may well be as much a need as a want.
To The Editor:
Once Maria Gutzeit was endorsed by liberal Gary Horton, she never had a chance to win.
To The Editor:
I couldn't agree more with Dave McEachern (April 15). We can do more for our gay, lesbian, bisexual and transgender students. Indeed, we should have no tolerance for bullying and name-calling.
Like many California girls, Candy is blonde, buff and beautiful. All she needs now is a place to strut her stuff.
The Chivas USA soccer team showed its winning talents when 10 players from the team joined the Michael Hoefflin Foundation for Children's Cancer's ninth annual Benefit Dinner in late March. The dinner, held at the Valencia Hyatt, raised more than $44,000 to support the foundation's work with children and families touched by pediatric cancer in the Santa Clarita Valley and surrounding valleys.
Santa Clarita Valley Appreciation Days 2008 will be held at Six Flags Hurricane Harbor on May 3 and 4. The Valencia theme park makes 4,000 tickets to Hurricane Harbor available to schools and non-profit organizations at $3 each, which the organizations sell to the public at $10 each.
When I encounter writer's block, I often go over to my Uncle Earl's.
With little exception, Saugus pitcher Mariah Lopez has been nothing short of dominant during the 2014 softball season.
Back in the day, G-rated movies were quite common. But with every passing year, and especially during the 21st century, we see fewer and fewer. And those we do see are cartoons or documentaries. A G-rated narrative film is rarer than a black-eyed tree frog.
SANGER, Calif. (AP) - Six months ago, workers at one of the largest fruit farms in the U.S. went to the ballot box to decide if they would continue to be represented by the United Farm Workers, which won that right two decades ago but never forged a labor contract.
Bradley Wiggins might be the only one who doesn't consider himself the overwhelming favorite to win the Tour of California when it begins Sunday in Sacramento.
NEW YORK (AP) - The unidentified remains of those killed on Sept. 11 returned to the World Trade Center site in a solemn procession on a foggy Saturday morning.
LOS ANGELES (AP) - Two Los Angeles merchants described as chronic counterfeiters have been fined more than $26 million and permanently barred from the downtown Fashion District.
BEVERLY HILLS, Calif. (AP) - A cement truck smashed into a pickup truck Friday, killing an off-duty Los Angeles police detective on the same steep road where another truck accident killed an LAPD policeman two months ago.
This summer thousands of local children will attend Vacation Bible School (VBS) programs across the valley. In preparation for that, a team of talented movie industry professionals are hard at work on a special project for the VBS program at Christ Lutheran Church.
Mother's Day is great, don't get me wrong. However, as much as I love flowers and homemade paperclip pots, there are ways that my family can make me feel special every day of the year. Whether it's acknowledgement from a teenage child, inclusion from adult kids or a father teaching his children respect for their mother, all children have something to give their moms. Here are 10 things I would love to receive from my children, no matter their stage of life.
There are a lot of theories as to why dear old mom almost never holds a principal role in animated films. Since the market is pretty much dominated by Disney and Disney/Pixar, the story of Walt Disney's mother and her untimely death have made some wonder if the role of mom has been intentionally downgraded over the years. (I'll wait while you Google that. Done? Sad, right?)
LOS ANGELES (AP) - Kevin Durant scored 36 points, Russell Westbrook added 23 and the Oklahoma City Thunder outplayed the Los Angeles Clippers in the fourth quarter for a 118-112 victory Friday night and a 2-1 lead in their Western Conference semifinal.
The Hart Indians weren't about to give the Golden Valley Grizzlies another chance to ruin their Foothill League title chances.
Three L.A. County Fire engine companies responded to a traffic collision between a Honda Civic and Federal Express truck that rolled on its side on Rye Canyon Road at Avenue Scott in Valencia on Friday afternoon. Hazardous Materials Task Force 150 responded when it was reported that the truck may had been transporting hazardous materials. Later it was determined that the materials had not leaked. Minor injuries were reported at the scene but no one was transported to the hospital. Rye Canyon Road was closed between Avenue Scott and Avenue Stanford for more than an hour during the incident.
Detectives from the Santa Clarita Valley Sheriff's Station are seeking the identity of a female who they believe was an upskirt photo victim, station officials said this week.
Hundreds of students sat on the grass in front of Placerita Junior High School on Friday listening to a man in baggy red pants and a cap with a yellow tassel.