Los Angeles Times - 02.10.2019

LATIMES.COM/BUSINESS WEDNESDAY, OCTOBER 2, 2019C5

(Answerstomorrow)

Yesterdayʼs Jumbles:GROOM GRANT ELEVEN CHERRY

Answer: Thefarmertalkedtothehensandlikedto—

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ByDavidL.HoytandJeffKnurek

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SUMMONS

CITACION JUDICIAL

Case Number (Numero del Caso): 19VECV00848

NOTICE TO DEFENDANT:

(AVISO AL DEMANDADO):

ANTONIO D. GATES; and DOES 1-50

YOU ARE BEING SUED BY PLAINTIFF:

(LO ESTA DEMANDANDO EL DEMANDANTE):

COMPASS BANK

NOTICE!You have been sued. The court may decide

against you without your being heard unless you

respond within 30 days. Read the information below.

You have 30 CALENDAR DAYS after this summons

and legal papers are served on you to file a written

response at this court and have a copy served on the

plaintiff. A letter or phone call will not protect you.

Your written response must be in proper legal form if

you want the court to hear your case. There may be

a court form that you can use for your response. You

can find these court forms and more information at

the California Courts Online Self-Help Center (www.

courtinfo.ca.gov/selfhelp), your county law library, or

the courthouse nearest you. If you cannot pay the fil-

ing fee, ask the court clerk for a fee waiver form. If you

do not file your response on time, you may lose the

case by default, and your wages, money, and property

may be taken without further warning from the court.

There are other legal requirements. You may

want to call an attorney right away. If you do not

know an attorney, you may want to call an attorney

referral service. If you cannot afford an attorney, you

may be eligible for free legal services from a nonprofit

legal services program.You can locate these nonprofit

groups at the California Legal ServicesWeb Site (www.

lawhelpcalifornia.org), the California Courts Online

Self-Help Center (www.courtinfo.ca.gov/selfhelp), or

by contacting your local court or county bar associa-

tion. NOTE: The court has a statutory lien for waived

feesandcostsonanysettlementorarbitrationaward

of $10,000 or more in a civil case. The court’s lien must

be paid before the court will dismiss the case.

іAVISO!Lo han demandado. Si no responde

dentro de 30 dias, la corte puede decider en su

contra sin escuchar su version. Lea la informacion a

continuacion.

Tiene 30 DIAS DE CALENDARIO despues de que

le entreguen esta citacion y papeles legales para

presenter una respuesta por escrito en esta corte y

hacer que se entregue una copia al demandante. Una

carta o una llamada telefonica no lo protegen. Su

respuesta por escrito tiene que estar en formato legal

correcto si desea que procesen su caso en la corte. Es

posible que haya un formulario que usted pueda usar

para su respuesta. Puede encontrar estos formularios

de la corte y mas informacion en el Centro de Ayuda

de las Cortes de California (www.sucorte.ca.gov), en

la biblioteca de leyes de su condado o en la corte

que le quede mas cerca. Si no puede pagar la cuota

de presentacion, pida al secretario de la corte que le

de un formulario de exencion de pago de cuotas. Si

no presenta su respuesta a tiempo, puede perder el

caso por incumplimiento y la corte le podra quitar su

sueldo, dinero y bienes sin mas advertencia.

The name and address of the court is: (El nombre y

direccion de la corte es):

Los Angeles Superior Court

6230 Sylmar Ave.

Van Nuys , CA 91401

The name, address, and telephone number of

plaintiff’s attorney, or plaintiff without an at-

torney, is: (El nombre, la direccion y el numero

de telefono del abogado del demandante, o del

demandante que no tiene abogado, es):

Parisa Jassim, Esq., Akerman LLP

601 W. 5th St., Ste. 300

Los Angeles, CA 90071

(213) 688-9500

Date: (Fecha)06/07/2019

Sherri R. Carter Clerk

(Secretario)

Angelica Salcedo Deputy

(Adjunto)

Legal Notices

Fictitious Business Name Statement NO.: 2019 237092

The following person is doing business as:

Fictitious BusinessName(s) Regency Grand 150

South Grand Avenue, West Covina, CA 91791.

Registered Owner(S): Cascade Living Group, Inc.

19119 North Creek Parkway, Suite 102, Bothell, WA

98011.Business is conducted by:a Corporation.

The registrant commenced to transact business

under the fictitious business name or names listed

above on06/2019. I declare that all information in

this statement is true and correct. (A registrant who

declares as true information which he or she knows

to be false is guilty of a crime)REGISTRANT/CORP/

LLC NAME:Cascade Living Group, Inc..Signature:

Thomas Stanley. This statement was filed with the

County Clerk ofLos AngelesCounty on September

3rd, 2019.NOTICE- in accordance with subdivision

(a)of section 17920 A Fictitious Name Statement

generally expires at the end of five years from the

date on which it was filed in the office of the County

Clerk except, as provided in subdivision (b) of section

17920, where it expires 40 days after any change in the

facts set forth in the statement pursuant to section

17913 other than a change in the residence address

of a registered owner. A new fictitious business name

statement must be filed before the expiration. The

filing of this statement does not of itself authorize

the use in this state of fictitious business name in

violation of the rights of another under federal state or

common law (see section 14411 et seq. Business and

Professions code). Dean C. Logan, Los Angeles County

Clerk. BY: T. Ibarra, Deputy. Published 9/18, 9/25, 10/2,

& 10/9/2019.

Business Names

Legal Notices

Business Names

09CL397

Toovintagefor

your

taste

?Passiton.

Sellyourunwanteditems

wherethey’llbeappreciated.

latimes.com/marketplace

Legal Notices Legal Notices

U.S. stocks sank to their
worst loss in five weeks on
Tuesday after a surprisingly
limp report on the nation’s
manufacturing stirred wor-
ries about the economy’s
strength.
The report showed that
manufacturing weakened in
September for the second
straight month as President
Trump’s trade war with
China dragged on confi-
dence and factory activity. It
dashed economists’ expec-
tations that August’s con-
traction had been an aberra-
tion, and stocks and bond
yields immediately reversed
course to drop sharply lower
after the report.
The S&P 500 slumped
36.49 points, or 1.2%, to
2,940.25 for its sharpest loss
since August. The Dow
Jones industrial average fell
343.79, or 1.3%, to 26,573.04,
and the Nasdaq composite
dropped 90.65, or 1.1%, to
7,908.68.
In the bond market, the
yield on the 10-year Treasury
dropped to 1.63% from 1.74%
before the report’s release, a
big move. Three stocks fell
for every one that rose on the
New York Stock Exchange,
and gold climbed as in-
vestors sought safer ground.
The market had been
gliding gently upward at the
day’s start, and the S&P 500
was up as much as 0.5%
within the first half-hour of
trading. But then the report
from the Institute for Supply
Management hit, showing
its manufacturing index was
at 47.8 last month, the lowest
since 2009. Any reading be-
low 50 indicates a contrac-
tion. Economists had been
expecting growth to resume
in September, and they had
forecast a reading of 50.4, ac-
cording to FactSet.

After the weak manufac-

turing report, investors

ratcheted up expectations

for the Federal Reserve to

come to the economy’s aid.

They increasingly believe

the Fed will cut interest

rates by half a percentage

point at its meeting later this

month, rather than the

quarter of a point they were

forecasting a day earlier.

The Fed lowered short-term

rates twice this summer,

down to a range of 1.75% to

2%, the first cuts since the fi-

nancial crisis was toppling

economies around the world

in 2008.

Financial stocks were

among the market’s biggest

losers Tuesday, hurt by the

drop in interest rates, which

can crimp the profits banks

make from lending.

Charles Schwab up-

ended the industry when it

said it would eliminate

mobile and web trading

commissions for stocks, ex-

change-traded funds and

options listed in the United

States and Canada. It’s the

latest move in an industry-

wide pricing war that has

dramatically cut the cost of

investing.

Schwab fell 9.7% after the

announcement, but rivals

sank even more. TD Ameri-

trade lost 25.8%, and ETrade

Financial dropped 16.4% for

the biggest loss in the S&P

500.

Benchmark crude oil fell

45 cents to settle at $53.62 a

barrel. Brent crude oil, the

international standard, fell

36 cents to close at $58.89 a

barrel.

Gold rose $16.30 to

$1,482.00 per ounce and sil-

ver rose 30 cents to $17.20 per

ounce.

The dollar fell to 107.73

Japanese yen from 108.07 yen

on Monday. The euro

strengthened to $1.0936 from

$1.0902.

Index

Dow industrials

S&P 500

Nasdaq composite

S&P 400

Russell 2000

EuroStoxx 50

Nikkei(Japan)
Hang Seng(Hong Kong)

Close

Daily

change

Daily % YTD %

26,573.04 -343.79 -1.28 +13.91

2,940.25 -36.49 -1.23 +17.29

7,908.69 -90.65 -1.13 +19.19

1,900.02 -35.46 -1.83 +14.25

1,493.43 -29.94 -1.97 +10.74

3,207.89 -47.85 -1.47 +16.23

21,885.24 +129.40 +0.59 +9.35

26,092.27 — — +1.06

Major stock indexes

change change

Source: AP

MARKET ROUNDUP

Stocks sink on

factory report

associated press

more expansive regulations
that are expected in 2021.
UPS eventually will make
residential deliveries with
drones, most likely in rural
and suburban areas, Abney
said on Bloomberg TV. In
one scenario, drones would
be launched from the top of a
delivery truck to make ship-
ments while the driver con-
tinues on the route. The
drones would return to the
vehicle, ready to be loaded
with another package, he
said.
“We’re excited about
where we are. We’re way
ahead of anyone else,” Ab-
ney said. “But, there’s much
more to come and UPS is go-
ing to lead the way.”
The FAA certification
comes under Part 135 of FAA
regulations, which requires
extensive manuals, training
routines, maintenance
plans and a safety program.
The designation for UPS
also makes it easier to obtain
exemptions at locations
other than campuses.
UPS demonstrated that
its drone operations met the
FAA’s “rigorous safety re-
quirements” for the air
carrier certificate based on
test flights and extensive
documentation, the U.S.
Transportation Depart-
ment said.
“This is a big step for-
ward in safely integrating
unmanned aircraft systems
into our airspace,” Trans-
portation Secretary Elaine
Chao said in a statement.
UPS, which operates 564
owned and leased tradi-
tional airplanes, is inter-
ested in drone deliveries of
parcels as well as heavy
cargo, Price said.
The company plans to
announce strategic partner-
ships with drone makers,
the designers of traffic-man-

agement systems and cus-

tomers such as retailers.

“We don’t limit ourselves

by weight. We don’t limit

ourselves by use case,” Price

said.

Drone adoption has been

slow going as authorities

wrestled with how to regu-

late the devices. Early drone

deliveries assist authorities

and couriers to address chal-

lenges such as creating a

traffic-management system

and testing technology for

the unmanned aircraft to

avoid objects in flight.

Alphabet Inc.’s Wing, an

offshoot of Google, received

partial approval to operate

as a small commercial air-

line in April.

The company an-

nounced Sept. 19 that it will

begin delivery tests in Vir-

ginia in a partnership with

FedEx Corp. and Walgreens

Boots Alliance Inc.

Amazon.com Inc. un-

veiled a sophisticated drone

design in June and said it

hoped to begin testing it

soon. The online retailer

hasn’t commented on

whether it is seeking similar

FAA approvals. A handful of

businesses have received ap-

proval to fly beyond an op-

erator’s line of sight in FAA

test programs.

Several other companies,

including Flirtey Inc. and Zi-

pline, are seeking approvals

or have conducted delivery

flights in other countries.

UPS is proving that it can

deliver products faster and

cheaper by drone, Price said.

WakeMed will be able to

keep anti-venom medi-

cation at a central location

and send it by drone to

where it’s needed, reducing

the cost of keeping inventory

at several buildings.

Drone deliveries have

huge potential, Price said,

though he declined to specu-

late how much revenue they

will be able to generate.

“It wasn’t too long ago

that people thought selling

books online was a niche

business,” he said. “The

world needs to not limit

what is the future because I

think there is massive op-

portunity here.”

Black and Levin write for

Bloomberg.

FAA certifies UPS

for drone deliveries

UPS HOPESeventually to make residential deliveries with drones in rural and

suburban areas. “We’re way ahead of anyone else,” CEO David Abney says.

UPS

[UPS,from C1]