Cerberus Capital Management

LA’s Morning News is on the Air Now

Penny and Phil are on the air now! Tune in 5-9am for: Oscar Nominations, Who’s Grumpier in the Morning Men or Women?, White House Gun Control, CalSTRS Portfolio Divests from Gun Manufacturers, Great Park Chop, […]

01/10/2013

Calif. teachers fund moves to divest from firearms

SACRAMENTO, Calif. (AP) — The nation’s largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-capacity ammunition magazines that are illegal in California.

01/09/2013

A hearse leads a funeral procession in Newtown, Conn. (AP Photo)

Shattered Newtown tries to make sense of tragedy

NEWTOWN, Conn. (AP) — For a third straight day, funeral processions rolled through a grieving Connecticut town trying to make sense of the massacre of 20 first-graders and six adults in an elementary school less than two weeks before Christmas.

12/19/2012

(AP Photo)

Cerberus to sell gun company that makes Bushmaster

(AP) – The company that makes one of the weapons used to kill elementary school children in Connecticut is being put up for sale by its owner, which called Friday’s tragedy a “watershed event” in the debate over gun control.

12/18/2012

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