BUSINESS
July 12, 2011 | Shan Li
Want to fool merchants with a fake ID? Hack someone's text messages? Or how about tracking where your co-workers are, without their knowing it? There's an app for that. The explosion in smartphone and tablet applications that enable people to check the weather, follow their stocks and play Words With Friends has a dark side: apps that facilitate questionable if not outright illegal behavior. Apple's App Store, for example, offers Drivers License software that promises "unlimited access to realistic-looking licenses" for all 50 states.
BUSINESS
February 10, 2008 | David Colker, Times Staff Writer
If you buy something from online auctioneer Property Room, you don't have to wonder if it was stolen. That's because it probably was. Property Room, started by a former police detective, gets its items from law enforcement property rooms nationwide. Most of its inventory of jewelry, bicycles, computers, furniture, tools, car stereos, cameras, sports equipment, portable music players and things that could best be categorized under miscellaneous -- or bizarre -- was seized from crooks.
HEALTH
March 22, 2012 | By Melissa Healy, Los Angeles Times
Watching Alzheimer's disease steal away the memory, talents and very selves of its victims is hard enough for the people who love them. Now, a new pill formulated by a respected pharmaceutical company and approved by the Food and Drug Administration will do little to help most patients and will bring misery to some, say two medical investigators. The drug, Aricept 23 mg, is no more effective on the whole than the disappointing ones already on the market - but is more likely to cause gastrointestinal problems, wrote Drs. Steven Woloshin and Lisa Schwartz of Dartmouth Medical College in an article published Thursday in the medical journal BMJ. The new formulation was devised to serve commercial objectives, they say, and was approved despite a poor showing in company-sponsored tests.
BUSINESS
March 30, 2009 | Dawn C. Chmielewski
The hottest thing in movie rentals is as old as the Coke machine -- and just as red. Redbox movie kiosks are popping up by the thousands in supermarkets, drugstores, restaurants and convenience stores around the country. The kiosks stock DVDs that rent for $1 a day, a remainder-bin price that is less than a cup of coffee at Starbucks.
HEALTH
January 16, 2012 | By Lisa Zamosky, Special to the Los Angeles Times
Lipitor is the most prescribed name-brand drug in America - nearly 3.5 million people take it every day to control their cholesterol. Since the statin entered the market in 1997, it's earned New York-based pharmaceutical giant Pfizer Inc. $81 billion, making it the best-selling prescription drug of all time, according to IMS Health, a Danbury, Conn.-based healthcare information company. So when Lipitor's patent protection came to an end Nov. 30 and a generic alternative became available, an awful lot of patients had a decision to make: Should they stick with the drug they knew or switch to something less expensive?
BUSINESS
May 18, 2012 | By Don Lee, Los Angeles Times
WASHINGTON - The Obama administration ordered tariffs of 31% and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry. The Commerce Department announced the stiff duties Thursday after making a preliminary finding that Chinese solar panel manufacturers "dumped" their goods - that is, sold them at below fair-market value. The widely anticipated ruling, if affirmed by U.S. trade officials this fall, is expected to have significant implications for both the global production of solar cells, now largely in China, and the growth of the solar energy industry in the U.S., which employs about 100,000 people in manufacturing, installation and services.