BUSINESS
May 23, 2013 | By Jim Puzzanghera and Andrew Tangel, Los Angeles Times
WASHINGTON - The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how and when to start dialing back the support - and signal that to nervous investors - without derailing the recovery. Mixed messages from the Fed on Wednesday roiled financial markets, sending the Dow Jones industrial average at one point beyond the 15,500 mark for the first time before swinging about 250 points.
CALIFORNIA | LOCAL
May 5, 2013
Jeff Hanneman Founding member of metal band Slayer Jeff Hanneman, 49, a guitarist and founding member of the thrash metal band Slayer whose career was irrevocably changed after a spider bite, died Thursday of liver failure at a Los Angeles hospital, according to spokeswoman Heidi Robinson-Fitzgerald. Hanneman was born Jan. 31, 1964, in Oakland and co-founded the speed metal pioneers in Huntington Park in the early 1980s. He and Kerry King played screaming guitars, vocalist Tom Araya played bass and Dave Lombardo played drums (Paul Bostaph later replaced Lombardo)
BUSINESS
May 4, 2013 | By Lauren Beale, Los Angeles Times
Area basketball coaches are seeing a lot of off-court action these days. Now that the Lakers are out of the playoffs, head coach Mike D'Antoni can turn his attention to moving into the house he and his wife, Laurel, just bought in Manhattan Beach for $6.9 million and working on his tan. Set on a walk street, the ocean-view home features a three-stop cherry-paneled elevator, which should come in handy for carting beverages from the...
ENTERTAINMENT
May 3, 2013 | By Carolyn Kellogg
Join us Tuesday for a live video chat with Ben Percy, author of "Red Moon. " Part modern werewolf thriller, part allegorical tale, it's a big, juicy novel that debuts the same day. Out live chat will be here at 10 a.m. PDT (1 p.m. Eastern) -- join us. The book both is and isn't a departure for Percy. It's less literary fiction than his novel "The Wilding" or his 2007 book of short stories "Refresh, Refresh. " But like those books, it's also close-up with nature and deals with physical force and violence.
CALIFORNIA | LOCAL
April 30, 2013
Ben Pleasants L.A. poet and playwright Ben Pleasants, 72, a Los Angeles poet and playwright who also championed the work of Charles Bukowski and John Fante in literary critiques, died of a heart attack April 18 in Crescent City, his wife, Paula, said. Born Aug. 6, 1940, in Weehawken, N.J., Pleasants graduated from Hofstra University on New York's Long Island in 1962 and within a few years enrolled in graduate English courses at UCLA. Beginning in the mid-1960s he wrote for the Los Angeles Free Press and regularly contributed book and theater reviews to The Times from the late 1960s until the mid-1980s.
NEWS
April 30, 2013 | By Jenn Harris
Ben Affleck announced to the Twitterverse last week that he would live on less than $1.50 a day and take part in the Live Below The Line challenge. The actor tweeted, "1.4 billion people live on less than $1.50/day. I'm joining Live #BelowTheLine on behalf of @ easterncongo . Will you?" The challenge, which involves living on less than $1.50 a day, is meant to bring awareness to the billions of people around the world living below the poverty line. What Affleck neglected to include in his tweet to rally others to take this noble challenge was that he would be doing the challenge for only one day. PHOTOS: Who is your celebrity dream dinner date?