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.
November 14, 1993 |
Summer is months away, but seventh-grader Elizabeth Cabrera is already dreading it. In summer, Brightwood Elementary School in Monterey Park shuts down. No more gloriously packed school days like this one, in which Madame Butterfly's mournful Italian arias float down the hallways from opera class, while the fifth grade's model rockets boom into the sky, and a volunteer parent's Indian sweet bread rises in the cafeteria ovens.
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.
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.
January 3, 2009 |
Two decades ago, real estate mogul Randy Black turned this blip on the Arizona border into a boomtown when he opened the first of four casinos. Nearly 1 million visitors a year followed, and hotels, restaurants and stucco homes seemed to sprout from sand. "It seemed to be one of those things that 'Geez, it's just going great. It's never going to end,' " said Victor Kotalion, who left Las Vegas in 1990 for this arid patch off Interstate 15.
August 5, 2011 |
As students return to middle schools and high schools in California this fall, they will need more than fresh notebooks and apples for their teachers. Thanks to a state law that took effect last month, students entering grades 7 through 12 will need proof that they received a vaccine for whooping cough. The law was prompted by last year's outbreak of the highly contagious respiratory infection, which is also known as pertussis. Nearly 9,500 cases were reported in California, the most in 65 years, according to the Centers for Disease Control and Prevention.
December 18, 2005 |
Mark Pollock is a Napa-based environmental lawyer, a former Bay Area student radical and lover of fine food. Gloria Alvarez is a resident of Culver City who, for the last 33 years, has owned and operated Gloria's Cake & Candy Supplies, a tiny Westside culinary landmark jammed into a former American Legion Hall near the intersection of Sawtelle and Venice. Pollock and the seventysomething Alvarez have more than a little in common.
March 8, 2012 |
Patients who are lucky enough to get a transplant for a failed organ usually face a lifetime on anti-rejection drugs, which are expensive, dangerous and not always effective. But in the future, those drugs may not be needed. A new study suggests that patients receiving an organ that's less than a perfect match can be protected against rejection by a second transplant — this time of the organ donor's imperfectly matched stem cells. Though preliminary, the new study is being hailed as a potential game-changer in the field of transplantation, a mystifying development that could offer hope to hundreds of thousands of patients who await or have received donor kidneys and depend on a harsh regimen of daily anti-rejection pills.
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.
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.