BUSINESS
January 26, 2011 | By Alex Pham, Los Angeles Times
Demand Media Inc., the Santa Monica company that is often derided as a content farm, is about to harvest a bumper crop. The company Tuesday priced its initial stock public offering at $17 a share, valuing the company at about $1.5 billion. Demand Media initially expected to sell 7.5 million shares at $14 to $16 a share, but investor interest was strong enough to lift the deal to 8.9 million shares at $17 each. "It's generally positive when deals price above their range," said Ben Holmes, an IPO analyst with Morningnotes.
IMAGE
November 21, 2010 | By Alene Dawson, Special to the Los Angeles Times
As families sit down at the table Thursday to give thanks for a bountiful feast, we can also give thanks for the bounty of California, where the harvest is diverse and year-round. And ? more thanks ? many of California's abundant crops and natural resources provide more than just good nutrition: They can help in the pursuit of beauty too. Grapes ? anti-aging "Grapes are naturally rich in antioxidants, so they offer incredible health-protective benefits whether eaten or applied topically," says Dr. Howard Murad, a dermatologist and associate clinical professor of medicine at UCLA.
OPINION
June 27, 2010 | David Alire Garcia
In the long-running contest to win Latino voters' hearts and minds, the Republican Party jumped out to a stunning lead this month. And for a party saddled with leaders displaying more than a few retrograde impulses these days — on immigration and even the landmark Civil Rights Act — that's no small accomplishment. Consider the recent string of Latino Republicans to triumph in GOP primaries in three states over the last few weeks: In California, appointed Lt. Gov. Abel Maldonado won his six-way Republican primary with 43% of the vote and the right to fight for a full term this fall.
FOOD
February 12, 2010 | By David Karp
The scores of customers who join the long line at the Alhambra farmers market on Sunday mornings to buy Jerry Dimitman's Wong pummelos all know the drill: Get there early, and be prepared to wait as each shopper scrutinizes the giant pear-shaped citrus fruits, holding them in the hand, one by one, to judge their weight, looking for heavy, shapely specimens. Plenty of pummelos are grown in California, but most are the flat, pink-fleshed Chandler variety. And especially as Chinese New Year approaches -- it will be Sunday, Feb. 14, this year, the Year of the Tiger -- many Chinese Americans seek out the necked, yellow-fleshed fruits they remember from their homeland.
BUSINESS
May 27, 2009 | Don Lee
Like everybody else in his farming village, Zhan Changchun used to get around on a bicycle. This month, the 29-year-old walked into a local dealership, pulled out $7,300 in cash from his leather satchel and drove away with the family's first car: a seven-seat micro-minivan that's jointly produced by China's Wuling and General Motors. The Zhans drained their life savings and borrowed from relatives, bold moves in a slowing economy.
NEWS
March 29, 2009 | Rama Lakshmi, Lakshmi writes for the Washington Post.
With her face wrapped in a pink veil, Suman Yadav squatted on the mud floor of her home washing clothes by hand, next to her family's gleaming new possession -- a silver-gray, $10,000 car called the Swift. They bought it on an auspicious January harvest-festival day, she said, and drove it straight to the village temple for a blessing before bringing it home. "My husband's new auto spare-parts shop is doing well. The mustard and wheat from the farm is fetching good money, too," said Yadav, 30. "We already had a motorcycle and a tractor, but now could afford a car, too. We paid the full amount in cash.