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BUSINESS
February 13, 2014 | By Ricardo Lopez
A shipment of Sochi-bound yogurt intended for American athletes competing in the Olympic Games won't be making it to Russia after all.  Chobani Inc. of New York said Thursday it was donating more than 5,000 individual cups of its Greek yogurt to food banks in New York and New Jersey. "As a proud supporter of the Olympics and Team USA over the past four years, we're disappointed our athletes won't be able to enjoy Chobani while they compete in the Games as we all hoped, and are deeply appreciative to everyone who tried to help get it there," said Hamdi Ulukaya, Chobani's chief executive.  "[W]
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BUSINESS
February 12, 2014 | By Jim Puzzanghera
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions. Sen. Elizabeth Warren of Massachusetts and Rep. Elijah Cummings of Maryland have written to new Fed Chairwoman Janet L. Yellen urging her to "make it a top priority" to stop delegating enforcement responsibility to the central bank's staff. "While the board votes on every important decision the Fed makes on monetary policy, the board rarely votes on the Fed's important supervisory and enforcement policy decisions," the lawmakers wrote in a letter sent Tuesday.
BUSINESS
February 11, 2014 | By Hugo Martín
Virgin America, the California-based airline backed by billionaire Sir Richard Branson, is planning to go public this year now that the air carrier has two consecutive profitable quarters behind it. Investment banks Barclays and Deutsche Bank have been picked to co-lead the initial public offering, which could take place as soon as the second half of this year, according to a person familiar with the matter who was not authorized to speak publicly....
NATIONAL
February 6, 2014 | By Matt Pearce
There's junk mail, and then there's nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is a Slut McIntire," and she posted photos of it Thursday on Twitter. The bank tweeted her an apology and pledged to investigate, but the problem apparently originated with an academic society that was marketing jointly with the bank. McIntire, 32, said in a phone interview that she learned about the mail in a text exchange with her mother, a screen grab of which she also posted on Twitter.
CALIFORNIA | LOCAL
February 6, 2014 | By Matt Stevens
Los Angeles police are asking for the public's help in locating a female bank robber who authorities believe is connected to at least six robberies. Robbery-homicide detectives say that last week, the woman entered a bank in the 100 block of North La Cienega Boulevard, near the border of Beverly Hills, West Hollywood and Beverly Grove. After presenting a teller with a handwritten demand note, the woman brandished a handgun and demanded money, according to the LAPD. The woman took the money and left the bank in an unknown direction.
NATIONAL
February 6, 2014 | By Matt Pearce, This post has been updated, as indicated below.
There's junk mail, and then there's nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is A Slut McIntire," and she posted photos of it on Twitter on Thursday. BofA tweeted her an apology and pledged to investigate. [Updated, 5:45 p.m. Feb. 6: But the problem apparently originated with an academic society that was jointly marketing with the bank. ]  McIntire, 32, told the Los Angeles Times in a phone interview that she first learned about the mail in a text exchange with her mother, which she posted on Twitter.
NEWS
February 4, 2014 | By Mary Forgione, Daily Deal and Travel Blogger
The State Department on Monday strongly warned Americans against travel to the West Bank and Gaza after violent clashes in the border area last month played out amid current peace talks. Section fronts "The security environment remains complex in Israel, the West Bank, and Gaza, and U.S. citizens need to be aware of the continuing risks of travel to these areas," the warning said. The statement comes after violence erupted in the Gaza Strip last month when Palestinians attacked Israeli soldiers with rocks and burning tires during a protest.
OPINION
February 2, 2014 | By Nicholas Meyer
The Italians have a phrase, si non è vero è ben trovato , which roughly translates as, "If it isn't true, it ought to be. " If only the critics who decry the inaccuracies to be found in recent movies could take that attitude. Whether dealing with outer space, the Southern slave trade, Somali pirates or Walt Disney, films have been called out this year for the least deviation from "reality" (a word Nabokov insisted routinely belongs within quotation marks). Unless specified as documentaries, feature films are intended to be viewed as stories.
CALIFORNIA | LOCAL
January 31, 2014 | By Phil Willon
SACRAMENTO--Democratic state Atty. Gen. Kamala Harris, who thus far faces no major opposition in her 2014 reelection campaign, raised just over $2.5 million in political contributions in 2013, state election records show. Her biggest supporters included the legal community, labor unions and Hollywood benefactors, including actress Halle Berry and movie mogul Jeffrey Katzenberg, according to a campaign finance report filed Friday. As of Dec. 31, Harris' campaign had $3.1 million in her campaign account.
BUSINESS
January 31, 2014 | By Andrew Tangel
NEW YORK - A New York state judge has approved nearly all of an $8.5-billion settlement between Bank of America and large investors who suffered losses in mortgage-backed bonds stemming from the housing meltdown. The settlement centers around mortgage-backed securities for which the Bank of New York Mellon Corp. acted as a trustee. Some of the claims in the 3-year-old case were not resolved, and the agreement still faces challenges despite the judge's approval. The case's resolution would help Bank of America put baggage stemming from the financial crisis behind it. The Charlotte, N.C.-based bank has struggled to lay to rest lingering fallout from its ill-fated 2008 acquisition of Countrywide Financial Corp., the Calabasas mortgage lender.
Los Angeles Times Articles
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