The man accused of going on a shooting rampage at Los Angeles International Airport on Nov. 1 that left a security officer dead and others wounded pleaded not guilty to murder and attempted murder charges.
Paul Ciancia, the 23-year-old Californian suspected of shooting to death a federal security officer at Los Angeles International Airport last month, was indicted on first-degree murder charges that carry a potential death penalty, the U.S. said.
President Barack Obama marked with a solemn candle-lighting ceremony the first year anniversary of an elementary school shooting in Connecticut, a tragedy that spurred him to seek greater gun controls that Congress rebuffed.
Newark Group Inc., a Cranford, New Jersey-based manufacturer of paper and paper products, began a prepackaged Chapter 11 reorganization yesterday it hopes the bankruptcy judge in Newark, New Jersey, will bring to conclusion at a July 27 confirmation hearing.
Point Blank Solutions Inc., a maker of body armor for the U.S. military and law enforcement, won court approval to sell almost all its assets to an affiliate of Sun Capital Partners Inc. for about $36.6 million.
Point Blank Solutions Inc. ’s acting chief executive officer, James Henderson , was sued by the former CEO’s brother, an investor in the bankrupt military contractor who claims Henderson failed to conduct proper audits.
Lehman Brothers Holdings Inc. announced the first step late yesterday in the last round of a process to enable the sale of its non-bankrupt Aurora Bank FSB, the thrift unit formerly known as Lehman Brothers Bank FSB.