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BUSINESS
December 31, 2011 | Walter Hamilton
When it comes to stocks, the U.S. is unexpectedly sitting on top of the world. Stock markets from Berlin to Shanghai to Sao Paulo, Brazil, ended 2011 with double-digit losses caused by the European debt crisis and fears of slowing economic growth in China. That was a blow to investors who have been counseled in recent years to broaden their portfolios to supposedly faster-growing venues overseas. Even in a year when America's own credit rating was slashed, the nation's biggest stock indexes somehow sidestepped the global rout.
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SPORTS
February 10, 2012 | By Jim Peltz
Tony Schumacher ruled the world of top-fuel drag racing for six years. He was known as "The Sarge" not only for his U.S. Army sponsorship but because, in his father's words, "he looks like a soldier" with his crew cut and ramrod-straight posture. Schumacher was on top, setting every major record in the sport's fastest and most elite division. The records included six consecutive top-fuel championships from 2004 through 2009, giving him a record seven overall, and most career top-fuel wins with 67. Then came 2011 and . . . nothing.
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OPINION
December 27, 2011 | Joshua Spivak
This year an enraged electorate has made its presence felt, through Occupying events and a roller-coaster Republican presidential primary process. But the most obvious sign of political activism has been the unprecedented use of recall elections. The numbers tell the tale: In 2011, at least 150 elected officials in 17 states faced recall votes. Recalls stretched from the Arizona state Senate to the Miami-Dade mayor's office to the school board in Grenora, N.D. Eleven state legislators faced recall — including nine in Wisconsin.
BUSINESS
December 31, 2011 | Walter Hamilton
When it comes to stocks, the U.S. is unexpectedly sitting on top of the world. Stock markets from Berlin to Shanghai to Sao Paulo, Brazil, ended 2011 with double-digit losses caused by the European debt crisis and fears of slowing economic growth in China. That was a blow to investors who have been counseled in recent years to broaden their portfolios to supposedly faster-growing venues overseas. Even in a year when America's own credit rating was slashed, the nation's biggest stock indexes somehow sidestepped the global rout.
BUSINESS
December 4, 2010 | By Jerry Hirsch, Los Angeles Times
American Honda Motor Co. said Friday that it would stop making its Element utility vehicle after the 2011 model year. In the U.S., the company has sold 325,000 of the boxy vehicles, which are popular among dog owners and bicycle enthusiasts because of the way the interior space can be arranged. Several bikes can be stored in the rear compartment standing up and without wheels being removed. Honda said that the car had been overshadowed in its own lineup by the CR-V small SUV and that competitors had come out with other small utilities that compete with the Element.
NATIONAL
April 9, 2011 | By Lisa Mascaro, Peter Nicholas and Kathleen Hennessey, Washington Bureau
A budget stalemate that gripped the nation ended just before a midnight deadline Friday as congressional leaders and the White House agreed to a package of spending reductions to avert a federal government shutdown. After working around the clock, Republican and Democratic negotiators emerged from a tense day of closed-door talks with a deal that would cut about $38 billion from domestic programs across the nation for the remaining six months of the 2011 fiscal year. Republicans dropped healthcare and environmental demands that had stalled agreement on the budget deal and, in return, the two sides agreed to hold separate votes later on other GOP goals, including cutting family planning funding.
NEWS
March 31, 2011 | By Lisa Mascaro and Michael A. Memoli, Washington Bureau
Congressional budget negotiators have agreed to $23 billion in additional spending cuts for the rest of the 2011 fiscal year, Vice President Joe Biden said late Wednesday, but details of the reductions still could thwart a deal. Combined with $10 billion already trimmed through stopgap spending measures, the deal potentially represents $33 billion in reductions from the 2011 budget and would be one of the largest such cuts in history. But it would be only about half of the $61 billion that House Republicans approved in February, which the GOP argues was consistent with its demand last fall for $100 billion in cuts from President Obama's budget plan.
SPORTS
September 28, 2010 | By Baxter Holmes
Citing the economic downturn and decreased state funding, the University of California announced Tuesday that it will eliminate four varsity sports programs ? including baseball ? at the end of the 2011 academic year. Men's and women's gymnastics and women's lacrosse also will be cut, and the men's rugby team will be reduced to a club sport. "Clearly, this is a painful outcome after months of deliberation, analysis, and the examination of every viable alternative," Athletic Director Sandy Barbour said in a statement released by the university.
BUSINESS
November 17, 2011 | By Neela Banerjee, Los Angeles Times
  The Obama administration has proposed landmark fuel economy standards that would almost double the average gas mileage for each automaker's passenger vehicle fleet to 54.5 miles per gallon by 2025. The rules proposed Wednesday mark the latest step in a lengthy campaign to reduce greenhouse gas emissions and oil consumption. They would build on the administration's ambitious standards that raise the average to 35.5 mpg over five years ending with the 2016 model year. The latest standards would be phased in starting with the 2017 model year.
NATIONAL
April 14, 2011 | By Lisa Mascaro and Kathleen Hennessey, Washington Bureau
Congress approved a $38-billion spending cut package Thursday, sealing a deal to prevent a government shutdown before plunging into an even more far-reaching debate over spending on federal programs and benefits for the years to come. The Republican-controlled House planned a vote as early as Friday on a 2012 GOP spending blueprint by House Budget Committee Chairman Paul Ryan (R-Wis.), which would slash spending and shrink federal involvement in Medicare and Medicaid. President Obama and congressional Democrats are drawing a sharp contrast with the GOP plan, pointing to key differences over the role and scope of government.
OPINION
December 27, 2011 | Joshua Spivak
This year an enraged electorate has made its presence felt, through Occupying events and a roller-coaster Republican presidential primary process. But the most obvious sign of political activism has been the unprecedented use of recall elections. The numbers tell the tale: In 2011, at least 150 elected officials in 17 states faced recall votes. Recalls stretched from the Arizona state Senate to the Miami-Dade mayor's office to the school board in Grenora, N.D. Eleven state legislators faced recall — including nine in Wisconsin.
BUSINESS
November 17, 2011 | By Neela Banerjee, Los Angeles Times
  The Obama administration has proposed landmark fuel economy standards that would almost double the average gas mileage for each automaker's passenger vehicle fleet to 54.5 miles per gallon by 2025. The rules proposed Wednesday mark the latest step in a lengthy campaign to reduce greenhouse gas emissions and oil consumption. They would build on the administration's ambitious standards that raise the average to 35.5 mpg over five years ending with the 2016 model year. The latest standards would be phased in starting with the 2017 model year.
NATIONAL
April 14, 2011 | By Lisa Mascaro and Kathleen Hennessey, Washington Bureau
Congress approved a $38-billion spending cut package Thursday, sealing a deal to prevent a government shutdown before plunging into an even more far-reaching debate over spending on federal programs and benefits for the years to come. The Republican-controlled House planned a vote as early as Friday on a 2012 GOP spending blueprint by House Budget Committee Chairman Paul Ryan (R-Wis.), which would slash spending and shrink federal involvement in Medicare and Medicaid. President Obama and congressional Democrats are drawing a sharp contrast with the GOP plan, pointing to key differences over the role and scope of government.
NATIONAL
April 9, 2011 | By Lisa Mascaro, Peter Nicholas and Kathleen Hennessey, Washington Bureau
A budget stalemate that gripped the nation ended just before a midnight deadline Friday as congressional leaders and the White House agreed to a package of spending reductions to avert a federal government shutdown. After working around the clock, Republican and Democratic negotiators emerged from a tense day of closed-door talks with a deal that would cut about $38 billion from domestic programs across the nation for the remaining six months of the 2011 fiscal year. Republicans dropped healthcare and environmental demands that had stalled agreement on the budget deal and, in return, the two sides agreed to hold separate votes later on other GOP goals, including cutting family planning funding.
NEWS
March 31, 2011 | By Lisa Mascaro and Michael A. Memoli, Washington Bureau
Congressional budget negotiators have agreed to $23 billion in additional spending cuts for the rest of the 2011 fiscal year, Vice President Joe Biden said late Wednesday, but details of the reductions still could thwart a deal. Combined with $10 billion already trimmed through stopgap spending measures, the deal potentially represents $33 billion in reductions from the 2011 budget and would be one of the largest such cuts in history. But it would be only about half of the $61 billion that House Republicans approved in February, which the GOP argues was consistent with its demand last fall for $100 billion in cuts from President Obama's budget plan.
BUSINESS
December 4, 2010 | By Jerry Hirsch, Los Angeles Times
American Honda Motor Co. said Friday that it would stop making its Element utility vehicle after the 2011 model year. In the U.S., the company has sold 325,000 of the boxy vehicles, which are popular among dog owners and bicycle enthusiasts because of the way the interior space can be arranged. Several bikes can be stored in the rear compartment standing up and without wheels being removed. Honda said that the car had been overshadowed in its own lineup by the CR-V small SUV and that competitors had come out with other small utilities that compete with the Element.
SPORTS
February 10, 2012 | By Jim Peltz
Tony Schumacher ruled the world of top-fuel drag racing for six years. He was known as "The Sarge" not only for his U.S. Army sponsorship but because, in his father's words, "he looks like a soldier" with his crew cut and ramrod-straight posture. Schumacher was on top, setting every major record in the sport's fastest and most elite division. The records included six consecutive top-fuel championships from 2004 through 2009, giving him a record seven overall, and most career top-fuel wins with 67. Then came 2011 and . . . nothing.
SPORTS
September 28, 2010 | By Baxter Holmes
Citing the economic downturn and decreased state funding, the University of California announced Tuesday that it will eliminate four varsity sports programs ? including baseball ? at the end of the 2011 academic year. Men's and women's gymnastics and women's lacrosse also will be cut, and the men's rugby team will be reduced to a club sport. "Clearly, this is a painful outcome after months of deliberation, analysis, and the examination of every viable alternative," Athletic Director Sandy Barbour said in a statement released by the university.
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