BUSINESS
March 5, 2013 | By Chris O'Brien, Los Angeles Times
What is ailing Apple? There seems to be no simple answer as to why the tech giant's stock took another beating Monday, dragging the company's market value below $400 billion for the first time since January 2012. It was the fourth straight day of decline, leaving Apple Inc. shares 40% below their high in September, when the stock was valued at more than $656 billion. The carnage has left analysts and investors trying to guess whether there is a bottom in sight, and whether the company might have an announcement or new product in the pipeline that might ignite a rally.
BUSINESS
December 26, 2012 | By Catherine Green
In the last year, Prudential Financial Inc. has plowed money into lemons and avocados in Ventura County, almonds and mandarins in the Central Valley and strawberries in Santa Cruz County. The insurance giant is just one of many players, including highly specialized investors and large pension funds, that have snapped up California farmland recently. The buying spree has helped push farm and ranch land values to record highs, raising questions about how long the boom might last and what effect it might have on the state's important agricultural sector.
SPORTS
December 10, 2012 | Eric Sondheimer
If it's lunchtime at Gardena Serra and 6-foot-7, 360-pound offensive tackle Emerald Faletuipapai walks into a room, everyone hides his or her food. "I eat anything and everything," he said. Said Coach Scott Altenberg : "If there's food anywhere, it must be protected. He's in constant grazing mode. " Faletuipapai is so big that Serra had to order a special helmet to fit his head. "It looks like a flowerpot," Altenberg said. He also wears size 18 shoes. Two of Faletuipapai's brothers played football for Serra.
NEWS
December 5, 2012 | By Melissa Healy
In a finding that makes clear that appetite is often a case of mind over matter, new research finds that the memory of a hearty recent meal can fill you up. But the memory of a stingy serving of victuals -- even an inaccurate memory -- can make you hungrier, and prompt heavier eating at the next meal, researchers found. The study , published Wednesday in the journal Public Library of Science One, used an ingenious trick to manipulate research subjects' memories of a lunchtime meal they had: At the bottom of a soup bowl filled with cream of tomato soup, they installed a hidden pump, which could be used to surreptitiously refill the bowl while the subject ate or draw down its contents.
CALIFORNIA | LOCAL
November 19, 2012 | By Marisa Gerber, Los Angeles Times
On the menu at the Miguel Contreras Learning Complex cafeteria on a recent Friday was petite beef patties on whole wheat buns, a cup of roasted potato wedges, an apple and a carton of 1% milk. Together, the carefully portioned and paired foods amounted to about 730 calories - safely below a recently implemented 850-calorie cap for high school lunches. But walk out of the cafeteria, through the circle of giggling cheerleaders and the huddle of boys eyeing them, to the long line of students snaking around a corner and you'll find another option: the student store.
ENTERTAINMENT
September 5, 2012 | By Joe Flint, Los Angeles Times
Guggenheim Partners is looking to make a big impression in Hollywood. The financial services firm, which in March spent more than $2 billion on the Los Angeles Dodgers, has agreed to acquire Dick Clark Productions for $370 million, people close to the deal said. Spending almost $2.5 billion in less than six months might be enough for some investors, but Guggenheim's appetite for entertainment assets is still ravenous. "We would characterize this as the beginning of the beginning," Guggenheim Partners President Todd Boehly said.