April 14, 2012 |
General Motors Co. plans to bury the Chevrolet Avalanche. The automaker said the 2013 model year will be the last for the truck, which features unique styling that incorporates a mid-size truck bed and interior seating for five. It was meant to be a light-duty pickup truck that could tow, haul and still transport a family. "More than 580,000 Avalanches have been sold since its introduction in 2001, and Avalanche has won major awards and recognitions throughout its run," said Mark Clawson, Avalanche marketing manager.
CALIFORNIA | LOCAL
January 26, 2013 |
DENVER - Two hedge-fund partners - monogrammed shirts, taut Windsor knots, cuff links - step into a hipster cafe called Sputnik on an unorthodox mission. They are meeting a business consultant to discuss a way to boost share prices at one of their portfolio companies, which sells indoor garden kits for tomatoes, herbs, flowers and salad greens. Their idea is to tap into a new market, one they need to be discreet about for fear of blemishing the publicly traded company's reputation: Marijuana.
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.
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.
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.
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.
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.
February 15, 2014 |
SEATTLE - A backhoe, an apprentice plumber and a 20,000-year-old piece of ivory (give or take a few millenniums) have brought out Puget Sound's inner paleontologist. Last week a Columbian mammoth tusk was discovered in the foundation of an apartment building under construction in the South Lake Union neighborhood. On Friday, three days after the discovery, scientists carefully crated the 81/2 -foot-long fossil and sent it to a museum for study. In between, a steady stream of curious onlookers made their way to the giant hole across the street from an Amazon.com office building in hopes of getting a peek at the largest and most intact piece of prehistoric dentition ever discovered in Jet City.
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.
April 4, 2011 |
Dear Karen: I'm self-employed and make $20,000 a year. The tax lady calculated that I owe $1,600. Can this be right? Answer: Self-employment income is subject to both income tax and self-employment tax. Ordinary income can be reduced by standard deductions and exemptions, but income subject to self-employment tax cannot, said Donald Lucove, a CPA with Lucove, Say & Co. in Calabasas. "The self-employment tax is calculated using 92.35% of self-employment income at 15.3%," he said.