Amtrak said it is cutting 600 management...
- Share via
Amtrak said it is cutting 600 management jobs and reorganizing its operations to try to trim its projected budget deficit of $193 million. . . . Pennzoil has agreed to pay $2.6 million to settle charges that it bought a stake in Chevron Corp. without notifying the federal government. . . . Blue Cross and Blue Shield of Massachusetts Inc. agreed to pay $2.75 million to settle civil allegations that it submitted false Medicare reports. . . . Tandy Corp. said it expects to open 500 new Radio Shack stores by the end of the decade and 20 to 24 of its new Computer City outlets next year. . . . New Jersey state regulators voted unanimously to license billionaire investor Marvin Davis as a casino operator.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.