August 17, 2013 |
WASHINGTON - A surge of U.S. drone missile strikes that has killed about 40 suspected militants in Yemen over the last three weeks may appear inconsistent with President Obama's pledge in May to use drone aircraft to target and kill only individual terrorists who pose a continuing and imminent threat to Americans. White House officials say the targeting rules haven't changed for the 10 recent drone strikes. But analysts and former U.S. officials say the current campaign, after the pace of attacks had slowed, shows that the standards are elastic.
August 8, 2013 |
Toyota Motor Corp. has battled hundreds of lawsuits in recent years related to sudden acceleration. But a landmark trial began Thursday with opening statements in a Los Angeles County Superior Court. Other litigation has focused on whether there is an electronic defect that triggers unexpected acceleration in some Toyota cars. But Garo Mardirossian - the attorney representing the heirs of a woman who was killed when her Toyota Camry unexpectedly sped to 100 mph - is skipping that argument entirely.
August 2, 2013 |
Dear Liz: I am a CPA and fairly knowledgeable about investing, but I have a question about my IRAs. I am 58 and my husband is in his mid-80s. We both are retired with federal pensions and no debt other than a mortgage. My plan is to start taking money annually from my traditional IRA in two or three years. I want to reduce the required minimum distribution I will need to start taking at age 701/2 and lessen the tax impact at that time. Should I put these annual withdrawals in my regular investment account or should I put them in the Roth IRA?
July 22, 2013 |
Toyota has spent well over $1 billion settling lawsuits involving unintended acceleration, but the world's largest automaker still faces hundreds of other cases awaiting trial. First up is a suit filed by the heirs of Noriko Uno, a 66-year-old bookkeeper who was killed when her Toyota Camry unexpectedly sped to 100 mph on a city street in Upland in 2009. Jury selection started Monday in the Los Angeles County Superior Court lawsuit that argues Toyota Motor Corp. should have had a fail-safe system that enables the brakes to override the accelerator.
July 17, 2013 |
That was quick. Mercedes-Benz has yet to put its all-new 2014 S-Class on sale, but the automaker has already handed the car over to its AMG performance division to breathe more life into the full-size sedan. On Wednesday, Mercedes unveiled the S63 AMG 4MATIC. The car is the more meaty version of the S550 that will go on sale in September. The AMG version will officially debut at the Frankfurt Motor Show in September and roll into U.S. dealerships in November. PHOTOS: 2014 Mercedes-Benz S63 AMG breaks cover Though the 2014 model uses essentially the same engine and transmission as its predecessor, the biggest change to the S63 is the inclusion of a standard all-wheel-drive system for the first time.
July 15, 2013 |
Last week was a big one for Samsung's Silicon Valley invasion plan. On Wednesday, Samsung broke ground on its new Silicon Valley headquarters for its U.S. semiconductor business. A group of Samsung execs and San Jose city officials gathered on a ceremonial stage in north San Jose armed with shovels to give the project its symbolic start. The building will be 680,000 square feet and eventually house R&D operations and sales offices for 600 employees. The current buildings that Samsung occupies on the site will be torn down and the 300 or so employees there now will be temporarily relocated until the new facility opens in 2015. Story: Silicon Valley is having an architectural breakthrough The new building sports a striking design that promises to make it Silicon Valley landmark. Samsung's main building will have 10 stories -- actually a series of two-story buildings stacked on top of each other.
July 1, 2013 |
Tribune Co.'s proposed $2.7-billion acquisition of 19 television stations owned by Local TV Holdings would accelerate the rapid consolidation of the television business. Tribune on Monday said that it had entered into a definitive agreement to buy the stations , which would give Tribune a total of 42 TV stations -- up from its current count of 23. The all-cash deal would make Tribune one of the biggest TV-station owners in the country and the largest independent affiliate station group for Fox Broadcasting.
June 25, 2013 |
EXCLUSIVE: A "Knight Rider" film is getting closer to making the leap. A film version of the popular '80s TV show is gaining momentum, with the Weinstein Co., which owns feature rights, bringing on filmmaker Brad Copeland to write a draft of the script, according to a person familiar with the production who was not authorized to talk about it publicly. Copeland is a writer-director who penned another vehicular themed feature - 2007 hit “Wild Hogs” - wrote on the "Arrested Development” TV series and has been attached to reboots of other TV mainstays, including "Gilligan's Island.
June 11, 2013 |
Actor Liev Schreiber and crew from the new Showtime drama "Ray Donovan" were filming at Union Station in downtown L.A. on Tuesday, joining a surge in local TV production this quarter. Production days for television shoots jumped 30% last week and are up 29% so far in the second quarter compared with the same time last year, according to a Los Angeles Times review of permit data from FilmL.A. Inc. Feature production activity also continues to rise, but at a slower pace. Feature production days (from April 1 through Sunday)
May 28, 2013 |
About 400,000 of Ford's popular F-150 trucks with EcoBoost engines are being investigated after complaints that the vehicles can lose power during acceleration. The National Highway Traffic Safety Administration said it has received 95 complaints from owners of trucks from 2011-2013 model years. The trucks are equipped with Ford's popular EcoBoost turbocharged 3.5-liter V-6 engines. The sudden loss in power occurs "during hard accelerations at highway speeds, such as attempted merging or passing maneuvers," according to the agency.