February 22, 2013 |
Herbalife International says it's all about helping people "pursue healthy, active lives. " UCLA's Geffen School of Medicine likes to think of itself as being in the forefront of medical research and modern healthcare. But the curious relationship between these two supposed champions of healthful living should turn your stomach. Herbalife is the Los Angeles nutritional supplement firm that has become the centerpiece of a ferocious Wall Street tug of war. The major player is hedge fund manager Bill Ackman, who contends that Herbalife is a scam to sell overpriced products by fooling people into becoming Herbalife "distributors" by implying the business will make them rich.
August 9, 1998 |
Q: I'm curious about how the government enforces gift tax rules. I've often heard that you have to file a gift tax return with the IRS if you give more than $10,000 to any one person in a given year. But how would the IRS know about your gift if you chose not to file? A: For most readers, this is a theoretical concern--few people have to pay these taxes. And when they do, they are usually dead anyway.
CALIFORNIA | LOCAL
October 23, 2005 |
In the quiet of New Year's Eve morning on the Sunset Strip, hours before partygoers celebrated the arrival of 2005, Brian Kennedy tried to give himself a present -- a new billboard that could bring him a million dollars a year. It didn't matter that he had no permit. Kennedy had gotten his start in the sign business many years earlier by going out at night and pasting movie posters on construction fences without permission. The scofflaw approach seemed to suit him.
May 18, 2013 |
Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been stashing away their combined income at an enviable rate - more than 25% - for retirement. Together they have more than $1 million in investments and no debt. But rather than feeling reasonably secure about their financial future, they dread a return of hard times.
December 1, 1997 |
Like so many dreams that come and go here, this one began with the harvest under a brutal sky. It was a late afternoon in August, 103 degrees outside, and the boys from the McFarland High cross-country team had been at it since 5 in the morning. They had spent the day in long sleeves and bandannas working without words alongside their parents deep in the fields. They were spread across farms for miles around, but the toil did not vary. They stooped and crawled.
August 23, 2001 |
TV's latest reality series features 23 strangers from every walk of life who spend a year together learning about the world and discovering new challenges. No, not "The Real World." It's "Kindergarten." Geared for children ages 3 to 7, "Kindergarten," premiering Sunday on HBO Family, is set at the Upper Nyack Elementary School--about an hour north of New York City.
November 3, 2013 |
Question: Our board directors found the lowest earthquake insurance premium is with a 20% deductible, costing our homeowner association about $20,000 annually; they voted against raising monthly dues to cover it. Our 20 units in a four-level, zero-lot-line Los Angeles complex average $650,000 per unit and the structural integrity of the building is at greater risk because of our subterranean parking. Directors argue we've got over $150,000 in reserves and around $350,000 in combined money market and certificate of deposit accounts.
CALIFORNIA | LOCAL
December 3, 2012 |
The corner of 4th and Gless streets in East Los Angeles, once a center of prostitution and drugs, now houses a place of soaring dreams. Inside the gleaming Boyle Heights Technology Youth Center, a classroom of young people battered by hard luck or bad choices is filled with quiet, focused energy. Marcos Avila, a 19-year-old who was kicked out of high school for fighting, is learning to compare and contrast two essays. Vincent Guzman, 18, who left school after his brother was killed in a drive-by shooting, is puzzling over two-step algebraic problems.
April 6, 2008 |
IT was a nail-biter of a month. But at last the news is in: The idle chitchat, the intense speculation and competitive jockeying are over, and families throughout the Los Angeles area are either exulting in victory or wallowing in defeat. It's kindergarten acceptance time, the make-it or break-it moment when L.A.'s top private schools mail their acceptance and rejection letters, then conveniently take off on spring break to dodge the hysteria.