Prices

Sep 6 2010

5.3 cents less than last year

LOS ANGELES  - The average price of a gallon of self-serve regular gasoline in Los Angeles County fell for the 24th consecutive day, decreasing six-tenths of a cent to $3.015.

The average price is 4.3 cents less than a week ago, 11.9 cents less than a month ago and 5.3 cents less than this time last year, according to figures from the AAA and Oil Price Information Service.

The decreases began Aug. 14, a day after nine increases in 10 days pushed the average price to $3.155, one-tenth of a cent less than its high for the year.

Across Black America

Here’s a look at African American people and issues making headlines throughout the country.
California
Yvette Hollingsworth was recently named chief compliance officer for Wells Fargo & Co. Hollingsworth, who most recently served as managing director and global head of operations compliance and financial crimes compliance & risk management for Barclays Corporate & Investment Bank, will begin her new role on June 1, 2012. Hollingsworth will be based in San Francisco, and will report to Caryl Athanasiu, executive vice president and chief operational risk officer in the corporate risk group. As chief compliance officer, Hollingsworth will be responsible for ensuring that all areas of the company meet compliance management responsibilities and abide by all applicable laws and regulations. Her team will continue to provide independent oversight of business-based compliance management activities.
District of Columbia
U.S. Senator Barbara Boxer (D-CA) issued the following statement after the Senate voted to confirm Los Angeles attorney Paul Watford to serve on the U.S. Ninth Circuit Court of Appeals: “It is great news that the Senate has confirmed Paul Watford, an exceptionally talented attorney, to serve on the Ninth Circuit Court of Appeals. He has a breadth of experience as a former prosecutor and a top appellate litigator and will make an excellent addition to the federal bench. However, I am very disappointed that more of my Republican colleagues did not join us in backing this highly qualified nominee.” When Watford is sworn in, he will be only the second African American serving on the Ninth Circuit.