BUSINESS
July 15, 2011 | By Lauren Beale, Los Angeles Times
The biggest home in Los Angeles County is ready for a new nickname: The 56,500-square-foot Manor, dubbed Candyland after owner Candy Spelling, has been sold to another wealthy socialite, British heiress Petra Ecclestone, in an all-cash deal for $85 million. As steep as that price is, it's not a record or even close to what Spelling was asking. The priciest Southland home transaction was the 2000 sale of an 8-acre estate in Bel-Air to financial executive Gary Winnick in a deal that included the trade of other land, for a total value of about $94 million.
BUSINESS
October 30, 2011 | Ken Bensinger, Los Angeles Times
First of three parts Tiffany Lee wanted a car. She was weary of the two-hour bus ride to her job at a UCLA Health System clinic. She hated having to ask friends to drive her 7-year-old son to his asthma treatments. But as a single mother with three children, bad credit and a $27,000-a-year salary, she couldn't find a bank or dealership willing to give her a loan. Then a friend steered her to Repossess Auto Sales in Hawthorne. Another buyer might have balked at the deal she was offered.
BUSINESS
May 17, 2012 | By David Undercoffler
You look fat in that. Of course I'll be late. Your baby reminds me of Gollum's uncle. This is what the 2013 Subaru BRZ might say if it could talk. The all-new, rear-wheel-drive sports car starts at $26,265, and boy is it honest - perhaps more so than any other car on the market today, save for its mechanical twin, the Scion FR-S. The two were jointly developed by Subaru and Scion's parent company, Toyota, with both assembled by Subaru in Japan. The question about the BRZ is, can you handle the honesty?
OPINION
June 24, 2011
The Grammy Award-winning singer Glen Campbell announced this week that he is suffering from Alzheimer's disease. And then he said he'd be going on the road for a farewell tour. It's not unusual for a public figure to reveal a diagnosis of the insidious disease. Former President Reagan told the world of his battle with Alzheimer's in a poignant letter in 1994. Actor Charlton Heston disclosed, via a taped statement, that he was suffering from symptoms similar to those of Alzheimer's.
WORLD
May 22, 2012 | David S. Cloud and Kathleen Hennessey
When the White House sent a last-minute invitation for Asif Ali Zardari to attend the two-day NATO summit, they were taking a highly public gamble. Would sharing the spotlight with President Obama and other global leaders induce the Pakistani president to allow vital supplies to reach alliance troops fighting in Afghanistan? But long before the summit ended Monday, the answer was clear: No deal. Zardari's refusal to reopen the supply routes left a diplomatic blot on a summit that NATO sought to cast as the beginning of the end of the conflict in Afghanistan.
BUSINESS
March 5, 2012 | By Ronald D. White, Los Angeles Times
Gasoline prices are keeping up their record-setting ways. California drivers paid an average of $4.358 for a gallon of regular gasoline, up 6.6 cents from a week earlier, the Energy Department said Monday. That's a fresh record high for this time of year and is 48.4 cents above the year-earlier price. Nationally, the average rose 7.2 cents to $3.793, also a record for this week, according to Energy Department statistics. A year earlier, the average U.S. price was 27.3 cents lower.