March 22, 2012 |
Watching Alzheimer's disease steal away the memory, talents and very selves of its victims is hard enough for the people who love them. Now, a new pill formulated by a respected pharmaceutical company and approved by the Food and Drug Administration will do little to help most patients and will bring misery to some, say two medical investigators. The drug, Aricept 23 mg, is no more effective on the whole than the disappointing ones already on the market - but is more likely to cause gastrointestinal problems, wrote Drs. Steven Woloshin and Lisa Schwartz of Dartmouth Medical College in an article published Thursday in the medical journal BMJ. The new formulation was devised to serve commercial objectives, they say, and was approved despite a poor showing in company-sponsored tests.
April 1, 2009 |
With few exceptions in modern motorbiking, the two-wheeled world has broken down something like this: Manual transmission equals motorcycle (and macho). Automatic transmission equals scooter (and sissy). But in the last year, the most caveman of two-wheeled categorizations has begun to evolve: Motorcycles are beginning to incorporate automatic transmissions. The Honda DN-01, which is rolling into U.S.
May 12, 2013 |
The 131-character dispatch arrived mournfully within two hours of sunrise May 4, at 7:58 a.m. to be exact. "When u give Give GIVE and they take Take TAKE at wat point do u draw a line in the sand?" Kobe Bryant wrote on his Twitter feed, adding the hashtags "hurt beyond measure," "gave me no warning," and finally, "love?" Bryant's career with the Lakers has often been pushed aside by internal family matters, the recent court battle over his memorabilia the latest in a string of cheerless events.
April 5, 2013 |
Portrait studios at Sears and some Wal-Mart stores - the scenes of innumerable family photos - have unexpectedly closed as their operator, CPI Corp., goes out of business. The portrait provider said in a statement on its website that all of its U.S. locations have shut down “after many years of providing family portrait photography.” The St. Louis company has been making photo keepsakes for more than 60 years and offered its services at more than 3,000 North American locations, mostly in Sears and Wal-Mart stores.
December 30, 2011 |
Car dealers have found a new way to profit from people with money trouble: leasing them hand-me-down vehicles. The deals are pitched to customers as the cheapest way to drive a used car off the lot, with the added benefit of an easy escape for those who can't keep up with the payments. Few customers are told about the advantages on the other side of the trade. Leases can allow dealerships to sidestep interest rate caps, and there are fewer financial disclosures rules than with a conventional car loan.
March 28, 2013 |
Bank of America Corp., which handles customer service on about 15% of U.S. home loans, has accounted for 30% of the mortgage complaints logged by the Consumer Financial Protection Bureau, according to a new database made public by the federal watchdog. The level of customer discontent - far greater than at home-lending rivals Wells Fargo & Co. and JPMorgan Chase & Co. - reflects BofA's struggles since its 2008 acquisition of Countrywide Financial Corp. in Calabasas. Countrywide had become the No. 1 mortgage firm by specializing in subprime and other high-risk loans.
March 30, 2013 |
T-Mobile introduced its new no-contract Simple Choice Plan this week, with Chief Executive John Legere boldly telling users that if the service is not good, they can drop it after one month of trying it. The new plan includes unlimited talk and text and half a gigabyte of high-speed Internet data for $50 a month. Users can choose to pay an additional $10 for a total of 2.5 GB of high-speed data or $20 for unlimited high-speed usage. Adding a second line costs $30, and each line after that costs $10. Although T-Mobile says there are no contracts, users must either provide a T-Mobile-compatible smartphone or buy one from the company.
December 11, 2012 |
Accusing Wells Fargo & Co. of reneging on a sweeping mortgage-modification deal, a lawyer for troubled homeowners is trying to reopen a case involving risky "pick-a-pay" loans written during the housing bubble. Legal filings last week claimed Wells Fargo failed to provide wide-ranging reductions of loan balances to delinquent borrowers as it had promised two years ago when it settled a combined national class-action suit. A bank spokeswoman strongly disputed the claim, saying it was riddled with errors.
CALIFORNIA | LOCAL
April 7, 2011 |
At the headquarters of Boston Medical Group in Costa Mesa, six salesmen were working the toll-free appointment line on a recent afternoon, fielding calls from men around the country enticed by newspaper and radio ads promising a "proven" solution to erectile dysfunction in "one office visit. " The results are visible "right there in the office," one sales representative told a caller. "It's amazing. " Following a script, he answered a few questions and offered to schedule a $195 consultation at one of the company's 21 U.S. clinics.
February 16, 2013 |
Magnus Walker steps between the scarred carcasses of Porsche 911s lining his garage wall. He pauses and points to a gaping hole where the car's front hood should be. "Cars in here have to die," he says, "so others can live. " With a chest-length beard and finger-thick dreadlocks, the 45-year-old English immigrant doesn't look like a prototypical buttoned-down Porsche collector. But for more than a decade, Walker has worked in downtown L.A.'s arts district, transforming scrap heaps into one-off custom 911s, earning him the nickname "Urban Outlaw.
April 9, 2013 |
As part of a settlement with federal regulators, 13 lenders this week are starting to pay out $3.6 billion to more than 4 million troubled borrowers whose homes were in foreclosure proceedings in 2009 and 2010. A chart released Tuesday by the regulators showed that most of the borrowers would receive $300, the minimum allowed under the settlement terms. The maximum of $125,000 would go to 1,135 borrowers whose homes were seized while they were serving in the military or who were current on their payments.
May 7, 2013 |
He had just made the final out in a city where his name is booed, his jersey is reviled, and his team had been swept. His power had disappeared, his swing was spotty, and his season was a wreck. Matt Kemp would have been excused for quickly disappearing through the dugout at San Francisco's AT&T Park on Sunday night and forgetting all about an earlier promise to third base coach Tim Wallach. “But that was the neat deal about it,” Wallach said. “He was standing there waiting for me.” PHOTOS: Greatest moments in Dodger Stadium history Kemp was waiting to cross the diamond to sign an autograph for a terminally ill Dodgers fan, waiting to summon the passion necessary to pass along the hope that he now found so precious.
February 19, 2013 |
Philip Hsiang and his wife, Mary Ann, used to pay almost $1,000 a year for a pair of cellphones under a family plan contract. But as recession gripped the economy a few years back, the Davis couple opted for low-cost prepaid phone service and never looked back. They shaved $800 off their annual phone bill, even though Hsiang could easily afford the pricier plan on his salary as an electrical engineer. "As a Chinese immigrant to the U.S., it's a virtue to be frugal," Hsiang said.
CALIFORNIA | LOCAL
May 16, 2013 |
After a contest for mayor of Los Angeles that has consumed the better part of two years, the two finalists, their staffs, the media and a largely disinterested electorate doubtless would welcome an end to the drama Tuesday, election day. But the large number of Angelenos voting by mail, the apparent tightness of the race and the peculiarities of the City Clerk's ballot-counting procedures open the possibility that the winner might not be known for...
CALIFORNIA | LOCAL
May 17, 2013 |
The most powerful labor organization in Los Angeles refused Friday to back away from a campaign mailer in which it urges voters to support Wendy Greuel for mayor because she "will raise the minimum wage to $15 an hour. " Even though Greuel has said she supports the higher "living wage" only for workers at large hotels, Los Angeles County Federation of Labor chief Maria Elena Durazo accused the media of "nitpicking" when she was questioned about the accuracy of the mailer, which went to Latino voters.