Word: calif
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...from chemical firms like Du Pont and Monsanto to oil giants, including Exxon and Chevron. The most active players are the pharmaceutical houses, which have been feverishly striking alliances with the biotech companies. A recent licensing agreement allows Johnson & Johnson to sell products developed by Amgen of Thousand Oaks, Calif...
...Cummings of the Milwaukee Bucks. Their first investment was the $1 million Redmont Hotel in Birmingham, which they are spending nearly $5 million to remodel. A $22 million Los Angeles health club is under construction. The group is also negotiating to buy the Inn of Laguna in Laguna Beach, Calif. Asking price: $4 million...
...singer-guitarist with the pop group Crosby, Stills and Nash; on drug, weapon and hit-and-run charges, after he allegedly crashed his car into a fence, fled the scene and was later found to have a .45-cal. pistol and cocaine paraphernalia in the vehicle; in Mill Valley, Calif. It was his third arrest on drug-related charges in the past year...
...Drug Enforcement Administration officer, Enrique Camarena Salazar, was kidnaped and killed in Mexico last February. In the past year U.S. Customs agents have reported a marked increase in narcotics smuggling across the U.S.-Mexican border. Last month two major busts yielded $40 million worth of cocaine near San Ysidro, Calif. Said a U.S. embassy spokesman in Mexico City of last week's raid: "This was an operation carried out by the Mexican government. We think they were unaware of the magnitude of the problem...
...most visible trouble for the industry comes from about 40 product-liability suits in which cigarette manufacturers are charged with causing disease and, in some cases, death. Similar lawsuits have been around since the 1950s, and tobacco firms have always defeated any claims. This week in Santa Barbara County, Calif., Superior Court, a case comes to trial. R.J. Reynolds is the sole cigarette manufacturer named in the lawsuit, but tobacco makers are closely following the case. Says Robert Rukeyser, vice president of American Brands, maker of Lucky Strike and Pall Mall: "We take these suits very seriously...