GM Hughes Electronics Corp., 1985 I/U Stock Certificate. The program was expanded in 2016, 2017, and more recently in August 2022, where the Board of Directors increased the available capacity under the program to $5.0 billion of common stock (for an aggregate total of $15.7 billion authorized). GENERAL: GM reserves the right, at its sole discretion, to change, modify, add or remove any portion of these Terms and Conditions, in whole or in part, at any time. GM RESERVES THE RIGHT, IN ITS SOLE DISCRETION, TO CORRECT ANY ERRORS OR OMISSIONS IN ANY PORTION OF THE SITE. GM does not endorse companies or products to which it links and reserves the right to note as such on its Web pages. it's happening. Raytheon Besides selling its defense businesses, which had total 1996 revenue of I had not seen it. That's one reason Northrop Grumman battled so fiercely to buy Hughes. Whether you require high-level electronic assemblies or bare Printed Circuit boards, you can expect superior quality, prompt customer service and on-time delivery. I do agree with Jack Shaw in t, Here's the same article on yahoo news: dailynews.yahoo.com. Our industry experience allows us to provide an intelligent response to all your Electronic Manufacturing service requirements. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. GM is required to file periodic reports electronically with the SEC through Edgar. Did you read the article? Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, 50% off + free delivery on any order with DoorDash promo code, Wayfair promo code: 10% off any single purchase, 60% off running shoes and apparel at Nike without a promo code, Score up to 50% off Nintendo Switch video games with GameStop coupon code. NOT SOLD (BIDDING OVER) 0.00 USD + applicable fees & taxes. only, and is not intended for trading purposes. Total YOU ACKNOWLEDGE THAT ANY RELIANCE ON ANY SUCH OPINION, ADVICE, STATEMENT, MEMORANDUM, OR INFORMATION SHALL BE AT YOUR SOLE RISK. Newsom, Musk dedicate former HP headquarters in Palo Alto to Tesla engineers, Adam Levine sues classic car dealer, alleging his 1971 Maserati isnt the real deal, Californians driving bigger cars could be charged more in vehicle registration fees. Log In Try for free It traded this week at a record price of $55, up from a low of $40.25 during the October market break, and finished yesterday at $54, down 75 cents. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. The firm went on to develop key technologies in satellites, radar and communications. Minimum 15 minutes delayed. Demisch, meanwhile, agrees that GMH shares should be worth more, in part because of the tremendous potential of Delco Electronics. In their first day of trading on the NYSE, the new Raytheon Class A shares closed at $54.75, and the Raytheon Class B shares closed off 25 cents, at $56. A Hughes spokesman acknowledged half a dozen years ago that when any outsider would call the company, We wouldnt give him the time of day. That shroud over Hughes has long since been lifted, but the company remains an enigma to Wall Street. GM stockholders will control 30 percent of the shares in Raytheon, which will have a projected annual revenue of $21 billion and 127,000 employees. cumulative factor which encapsulates all splits since the date shown above. Lockheed Martin Chairman Norman Augustine points out that while 1 percent of the cost of a World War I combat plane was devoted to electronics, in World War II it was 10 percent, in the Vietnam War it was 35 percent, and now it's 45 percent. This item WAS NOT SOLD. That surely would anger Massachusetts officials, who in 1995 gave in to Raytheon's demands for large tax benefits to persuade the company to stay put. Yes, information related to GM Financials SEC filings, or other investor information, can be found at: https://www.gmfinancial.com/investors-information.aspx, GM is Positioned for Strong, Long Term Business Results. A further list and description of these risks, uncertainties and other factors can be found in our Annual Report on Form 10-K, and our subsequent filings with the Securities and Exchange Commission. On December 31, 1985, General Motors merged Hughes Aircraft with its Delco Electronics unit to form Hughes Electronics Corporation, an independent subsidiary. There will be two providers of satellite. In March 2015, GMs Board of Directors authorized a share repurchase program to repurchase shares of GM common stock. GM and its directors and executive officers, Hughes and certain of its officers, and EchoStar and certain of its executive officers may be deemed to be participants in GM's solicitation of consents from the holders of GM $1- 2/3 common stock and GM Class H common stock in connection with the proposed transactions. Thus, GMs liability for the guarantee would amount to $50 million for each dollar under $60 at which GMH stock is trading. Computershare maintains the record of GMs stock ownership by registered shareholders (those whose accounts are maintained in their name by Computershare). as a prelude to a move by GM to sell part of Delphi in an initial public Some Hughes insiders have said that recent Hughes Aircraft press releases have been screened by GM Chairman Roger B. Smith before being released to the news media. What did Disney actually lose from its Florida battle with DeSantis? General Motors Company is followed by the analysts listed above. The sale completes the unraveling of the high-tech acquisitions by former GM chairman Roger Smith in the mid-1980s. Hughes Electronics designs, manufactures, and markets advanced electronic systems, including providing . Los Angeles, A $150,000 executive protection dog? That business should be worth a premium, Demisch said. Did the old General Motors Corporations common stock, CUSIP 370442105, become the new GM common stock and, if not, does the stock currently have any value? GM Hughes Electronics Corporation was formed in 1985 when GM won a secretive sealed bid auction to buy Hughes Aircraft from Howard Hughes Medical Institute. Hughes Electronics Corporation, a wholly owned subsidiary of General Motors Corporation, was formed on December 31, 1985, when General Motors acquired Hughes Aircraft Company from. The linked sites are not under the control of GM and GM is not responsible for the content of any linked site or any link contained in a linked site. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. endorsement of or concurrence with such information, conclusions or * In 1916, at age 11, Hughes built a radio transmitter and receiver from parts taken from his home's doorbell. Do Not Sell or Share My Personal Information, Tesla Mexico plant means $10-billion investment, Nuevo Leon governor says, Assistants kindly request that you stop calling them assistants, Working more on the weekends? He persuaded a judge to waive his status as a minor and he took control of the company. GM ( GM) shares rose 2-1/8, or 2.8 percent, to 77-7/8 in mid-afternoon trade on the New York Stock Exchange, extending a 5 percent gain recorded Friday. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN THE SITE. Shareholders outside the United States, Canada, or Puerto Rico may call 1+781-575-3334, automated information is available 24 hours a day. The shareholders did not receive any consideration for their holdings and the stock no longer has value. Howard Hughes donated Hughes Aircraft to the Howard Hughes Medical Institute in 1953 allegedly to avoid paying taxes on it's income. This website may include forward-looking statements. Under the deal, GMs Class H shareholders received about 17% of the equity in post-merger Raytheon, while GMs own shareholders received about 13%, both through a newly issued Raytheon Class A stock. That is seen Recapitalized GM Class H shares tied to a smaller Hughes Electronics--now essentially a telecommunications and satellite broadcasting company--began trading on the New York Stock Exchange. CAPTION: Howard Hughes in 1947 in his flying boat, the Spruce Goose. Incorporated: 1985 as GM Hughes Electronics Employees: 14,000 Sales: $5.13 billion (1997) Stock Exchanges: New York Ticker Symbol: GMH SICs: 3663 Radio & TV Communications Equipment; 3669 Communications Equipment, Not Elsewhere Classified Company Perspectives: GMs shares lost 81 cents to close at $63.56, also on the NYSE. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. "In just over a year, Raytheon has completely transformed its future business focus," said Loren Thompson, a defense industry fellow at the nonprofit Alexis deTocqueville Institution. highest level clan in coc 2020; gm hughes electronics corporation stock value. nytimes.com btw, the article didn, "Now, I think that there is less than a one-in-three chance,", Like I mentioned in the email, I think Murdoch will make quick work of DISH. What is GMs ticker symbol and on which exchanges is GMs common stock traded? Computershare phone representatives are available Monday through Friday from 9 a.m. to 6 p.m. adjusted to account for any stock splits and/or dividends which may have Raytheons shareholders retained 70% of the company and were issued new Raytheon Class B shares. Raytheon emerges as one of the world's two top military electronics firms; the other is Bethesda-based Lockheed Martin Corp. dividends per year is based on the dividend ex-date. And yes. "Raytheon will certainly look at" the option of moving, one knowledgeable industry executive said. Does GM Financial file its financial reports with the SEC? GMs independent auditor is Ernst & Young LLP. If you need help with your stock account held through a brokerage firm, contact your broker directly for assistance. If you access this Site from outside the United States, you do so on your own initiative and you are responsible for compliance with all applicable local laws. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. long-awaited sale of the defense businesses of its Hughes Electronics Corp. Current price is around $63/share of GMH. It didn't l, The deal is given little chance. Beneficial shareholders should address administrative matters to their broker or financial advisor. Continue reading your article witha WSJ subscription, Already a member? We are all part of that ball club. Anyone have a hunch on how the valuation on these shares will change? Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Higher awareness of GMH stock by large investors could lead to an increase in the price of shares, which would be welcomed by General Motors. Who is GMs registrar and stock transfer agent? Raytheon's core, defense electronics, is a growth business, unlike the business of "metal-bending" to manufacture jets or tanks. GM makes no representation that information in this Site is appropriate or available for use in other locations, and access to this Site from countries or territories where the Site's content is illegal is prohibited. if this dea, It won't do any good to write management as they have a vested interest in s, I think converted Hughes stock will do well too, but I think that's it worth, Looks like GMH shareholders are shafted again by GM, whose Finance leader says w, I would guess that GMH would be a good speculative buy if there's a buyout o, SBC Said to Be in Talks to Buy DirecTV February 8, 2003 By, Stock is nearer its lows than its highs, and arguments that professional investo. Incorporated: 1985 as GM Hughes Electronics Employees: 14,000 Sales: $5.13 billion (1997) Stock Exchanges: New York Ticker Symbol: GMH SICs: 3663 Radio & TV Communications Equipment; 3669 Communications Equipment, Not Elsewhere Classified Hughes Electronics Corporation is one of the world ' s leading satellite and wireless communications companies. Is it possible to get a stock certificate for my share holdings? Because GM would end up as a stockholder in the acquiring company, the auction was a sort of beauty contest in which Raytheon and Northrop Grumman each argued its stock would do better with a Hughes purchase. Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5 billion. business to GM's big parts-maker, Delphi Automotive Systems. * At 31, he set a transcontinental speed record from Burbank, Calif., to Newark, in a modified Northrop Gamma. GM's sale of Hughes is one of the most complex in memory, investment bankers say, because GM sought to minimize taxes and because Hughes Aircraft is part of GM's Hughes Electronics Corp., which offers its own class of stock. It went on to make important breakthroughs in satellites, radar and high-technology communications. our Subscriber Agreement and by copyright law. He joined the newspaper in 1981 and has covered many technical subjects, including aerospace, auto safety, nuclear weapons and high speed rail. General Motors Corp., ending a dozen-year run as one of the nations biggest defense contractors, said Thursday that it completed the $9.8-billion spinoff and sale of its Hughes Electronics defense unit to Raytheon Co. The two-day meeting this week will feature displays of Hughes sophisticated technology inside the atrium at the firms new granite headquarters overlooking the Pacific in Los Angeles Westchester district. The historical dividend information provided is for informational purposes But it is potentially very exciting.. General Motors acquired Hughes Aircraft in 1985 from the medical institute for $2.7 billion in cash and an estimated $2.5 billion of GMH stock. Here are some events leading up to his creation of Hughes Aircraft. * At 19, he inherited 75 percent of his father's Hughes Tool Co. Anyone here seeing GMH as a buy now at current price? Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Dennis Picard, Raytheon chairman and chief executive, said yesterday he will "work with rigor and vigor" to explore spinning off its engineering and construction division, which is one of the nation's biggest, and its consumer products unit, which makes Amana ovens and Speed Queen washers. Picard declined to comment on possible layoffs, but industry analysts said they are inevitable, especially in the missile sector. Vintage Stock Certificate Product Code: SC850 Qty: Description GM Hughes Electronics Corporation was formed in 1985 when GM won a secretive sealed bid auction to buy Hughes Aircraft from Howard Hughes Medical Institute. Then the U.S. government blindsided it, Tesla pauses rollout of driving software subject to U.S. recall. General Motors Corp. announced yesterday it will sell its Hughes Aircraft Co. division to Raytheon Co. for $9.5 billion. Northrop argued, for example, that its stock has grown twice as fast as Raytheon's over the past five years, and that it has excellent growth prospects. GM was incorporated in the state of Delaware on July 10, 2009. gm hughes electronics corporation stock value. The day the deal was announced, Sc, 2023 Knight Sac Media. The sale is part . Please give us your thoughts as to why you're considering it a buy. One GM official said he didnt believe the stock price had reached its intrinsic value.. As a public company, GM is required to file quarterly financial earnings based on the guidelines set forth by the Securities Exchange Committee (SEC). IF YOU DO NOT AGREE TO ABIDE BY AND BE BOUND BY THESE TERMS AND CONDITIONS, DO NOT USE THIS SITE OR DOWNLOAD MATERIALS FROM THE SITE. GM officials acknowledge that they are taking a closer look the content of those news releases. In August 2022, the Board of Directors authorized a quarterly dividend on GMs common stock of $0.09 per share. GM reserves the right to terminate any link or linking program at any time. about $6.3 billion, Hughes Electronics will transfer its Delco Electronics The old General Motors Corporations common stock became Motors Liquidation Company common stock in July 2009, and traded as MTLQQ on the over the counter market until the confirmed bankruptcy plan cancelled the shares on March 31, 2011. The closing price above is not necessarily indicative of future price "But they don't want to anger the entire New England congressional delegation, particularly when the new defense secretary {retiring Sen. William Cohen of Maine} is from there." Climate Change Is Launching a MutantSeed Space Race, UN report: Modern weapons being smuggled to Haiti from US, British Parents Turn to Home Equity to Help Young Buy Property, Sorry, Fed, Most US Mortgage Rates Were Locked in During Pandemic Lows, Fed Says MoreRate Hikes Are Needed to Curb Inflation, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Ex-Goldman Banker Ordered to Forfeit $43.7 Million Over 1MDB Bribery Fraud, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, China to Increase Defense Budget to Meet Security Challenge, Hong Kong Court Convicts Activists Behind Tiananmen Vigil, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' actor, dies at 61, AP Says, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece, Video Roundup: Opinions Must-See Footage of the Week, How Democrats Got Away From Third Way Politics, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, Panic Over Metals for EVs Goes All the Way to Automakers C-Suites, What Do You Want to See in a Covid Memorial? Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. we just have to clear the doj, the fcc will be no problem. Under provisions of the sale, the medical. GM DOES NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE INFORMATION OR THE RELIABILITY OF ANY ADVICE, OPINION, STATEMENT OR OTHER INFORMATION DISPLAYED OR DISTRIBUTED THROUGH THIS SITE OR ANY LINKED WEB SITE. The long-awaited deal and restructuring of Los Angeles-based Hughes also included the transfer of Delco Electronics, its automotive systems unit, back to GMs main car- and truck-parts unit, Delphi Automotive Systems. Both stocks saw early swings moderate in early afternoon trading. Text. These Terms and Conditions of use are governed by the laws of the State of New York, without giving effect to its conflict of laws provisions. * In 1985, the Howard Hughes Medical Institute sold Hughes Aircraft to General Motors for $5.2 billion. gm hughes electronics corporation stock value. * As a teenager, he became fascinated with aircraft after persuading his father to take him on a flight in a seaplane. The shareholders did not receive any consideration for their holdings and the stock no longer has value. Column: Will self-driving cars make L.A.s world-famous traffic even worse? PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE. performance. opinions, forecasts or predictions of General Motors Company or its management. GM stock fell 7-15/16, or 9.1 percent, to 79 in afternoon trading, although that was up from an earlier intra-day low of 76.. The deal transforms Raytheon overnight from a conservatively run New England conglomerate into the world's third-largest military contractor. Hughes Aircraft will host today and Friday the first large meeting for securities analysts it has ever held--part of an effort by GM to stimulate interest in the aerospace giant. "A somewhat sleepy conglomerate has been transformed into one of the largest defense companies in the world.". The world's largest automaker will cut its holdings of the tracking stock for Hughes ( GMH: Research, Estimates) from 70 percent to about 35 percent, by putting some $7 billion of the stock. The remaining 66% interest in Hughes will be held by three GM employee benefit trusts (managed by an independent trustee), which combined will hold an approximately 20% interest in Hughes, and by the general public, which will hold an approximately 46% interest in Hughes. Rather, GM uses a form of registered stock ownership called book entry or Direct Registration Profile System (DRS). As a result, GM has been repurchasing GMH shares. The non-employee investors hold less than 12% of GMH shares, counting the medical institutes shares, which have never been traded. GMs common stock can be purchased through a broker or a financial institution that deals in securities. Investors who hold shares in their own name and not through a broker, a bank or other nominee as custodian on your behalf are considered registered shareholders. f, Been holding GMH for awhile and find it awfully difficult to figure out a goal a, hey guys, finally hughes might (will) be . worth something again. In addition, Delco Electronics, another. GM Hughes Electronics Corporation Stock Certificate from . The other defense colossus is Boeing Co., which last month announced a proposed $13 billion purchase of McDonnell Douglas Corp. THE HUGHES HERITAGE Among Howard Hughes's various passions were aircraft. I wouldnt say we are buying back the shares to raise the price, Arle said. The sale is part of GM's Trying to understand what is happening with this company in the current buyout talks with Raytheon\Grumman. How can I purchase shares of General Motors Company? The book-entry owners of the security are registered on the books of the company and, in lieu of certificates, shareholders receive statements of holding. In August 2022, the Board of Directors increased the capacity under GMs existing share repurchase program to $5.0 billion. GM officials, however, said that analysis is without merit. At what rate and when is it paid? GMs registrar and stock transfer agent is Computershare Trust Company, N.A. GM MAY MAKE ANY OTHER CHANGES TO THIS SITE AND THE INFORMATION CONTAINED IN THIS SITE AT ANY TIME WITHOUT NOTICE. In particular, they said Raytheon may move missile work from New England to Hughes's lower-wage plant in Arizona. Buy any 2+ Stock Certs - Save Additional 20% in Cart! Hughes Electronics designs, manufactures, and markets advanced electronic systems, including providing telecommunications equipment, offering digital television entertainment and information programming via satellite, and operating a network of satellites. Our actual results may differ materially from forward-looking statements due to a variety of factors, including: (1) our ability to deliver new products, services and experiences that attract new, and are desired by existing, customers and to effectively compete in autonomous, ride-sharing and transportation as a service; (2) sales of crossovers, SUVs and full-size pick-up trucks; (3) our ability to reduce the costs associated with the manufacture and sale of electric vehicles; (4) the volatility of global sales and operations; (5) our significant business in China which subjects us to unique operational, competitive and regulatory risks; (6) our joint ventures, which we cannot operate solely for our benefit and over which we may have limited control; (7) changes in government leadership and laws (including tax laws), economic tensions between governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from free trade agreements, changes in foreign exchange rates, economic downturns in foreign countries, differing local product preferences and product requirements, compliance with U.S. and foreign countries' export controls and economic sanctions, differing labor regulations and difficulties in obtaining financing in foreign countries; (8) our dependence on our manufacturing facilities; (9) the ability of suppliers to deliver parts, systems and components without disruption and on schedule; (10) prices of raw materials; (11) our highly competitive industry; (12) the possibility that competitors may independently develop products and services similar to ours despite our intellectual property rights; (13) security breaches and other disruptions to our vehicles, information technology networks and systems; (14) compliance with laws and regulations applicable to our industry, including those regarding fuel economy and emissions; (15) costs and risks associated with litigation and government investigations; (16) compliance with the terms of the Deferred Prosecution Agreement; (17) the cost and effect on our reputation of product safety recalls and alleged defects in products and services; (18) our ability to successfully and cost-efficiently restructure operations in various countries with minimal disruption; (19) our ability to realize production efficiencies and to achieve reductions in costs; (20) our ability to develop captive financing capability through GM Financial; and (21) significant increases in pension expense or projected pension contributions. Now Raytheon will become the world's dominant missile builder -- which is certain to trouble antitrust agencies. The old General Motors Corporation's common stock became Motors Liquidation Company common stock in July 2009, and traded as MTLQQ on the over the counter market until the confirmed bankruptcy plan cancelled the shares on March 31, 2011. The purchase was completed on December 20, 1985, for an estimated $5.2 billion, $2.7 billion in cash and the rest in 50 million shares of GM Class H stock. occurred for this security since the date shown above. performance made by these analysts are theirs alone and do not represent General Motors Company does not by its reference above or distribution imply its These, Zoltan, thanks for the link. General Motors said Wednesday that it will pay about $5.2 billion in cash and special GM stock to buy Hughes Aircraft, in a marriage of the nation's largest auto maker and its seventh. Find the latest General Motors Company (GM) stock quote, history, news and other vital information to help you with your stock trading and investing. Co. for a rich $9.5 billion in stock and debt. HHC | Complete Howard Hughes Corp. stock news by MarketWatch. * In 1953, Hughes Aircraft was incorporated as a separate business. If you decide to access any of the third party sites linked to this Site, you do this entirely at your own risk and it is your responsibility to take all protective measures to guard against viruses or other destructive elements. Although it would no longer control 68% of Hughes, GM said its remaining 35% stake would still be worth about $18 billion. GM later paid the disruptive Perot $750 million to leave the company, and last year it spun off the data consulting firm. Hughes decided to exclude reporters from the meeting, Arle noted. How can I be notified of GMs SEC filings and other important announcements or events? GM cast the If so, then GM Hughes would be worth more than all of GM, which has a market value of roughly $18.5 billion. There has been a relatively low profile to both of the components, Hughes and Delco.. Baskin-Robbins adds a hint of waffle, and voila, Hidden, illegal casinos are booming in L.A., with organized crime reaping big profits, This fabled orchid breeder loves to chat just not about Trader Joes orchids, Best coffee city in the world? In addition, 50 million unregistered shares are held by the Howard Hughes Medical Institute, the former owner of Hughes Aircraft. LINKS TO OTHER MATERIALS: As a convenience to you, GM may provide on this Site links to Web sites (the "linked sites") that are operated by other entities. June 3, 2022 . Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley.