BOOKS
August 6, 2000 | JOHN RECHY
Often considered the most popular entertainer of the 20th century--his extravagant performances set still-unchallenged attendance records--Liberace (dubbed "Mr. Showman" in tribute to his flashy theatricality) sued a London columnist in 1956 for implying he was gay. He won.
BUSINESS
April 27, 2013 | By E. Scott Reckard, Los Angeles Times
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking - a subprime loan. The Polands paid nearly $10,000 in upfront fees for the privilege of securing a mortgage at 10.9% interest. And they had to raid their retirement account for a 35% down payment. Most borrowers would balk at such stiff terms. But with prices rising, the Polands wanted to snag a four-bedroom home in Temecula near top-rated schools for their 5-year-old son. By later this year, they figure, they'll be able to refinance into a standard loan.
BUSINESS
April 25, 2010 | By Jerry Hirsch, Los Angeles Times
Auto leasing deals abound these days, with offers that often seem too good to be true. How about a well-equipped Honda Accord for $250 a month with no down payment or any other drive-off fees? Or better yet, $199 a month for a Chevrolet Malibu? So, what's the catch? There isn't any if you know what you're getting into. There are always details. You need top-tier credit to qualify. You pay a penalty if you turn that Honda in with more than 36,000 miles. And the payment is not $250 a month because of that little matter of tax. It is more like $275, depending on where you live.
BUSINESS
April 11, 2013 | By E. Scott Reckard
A popular government program enabling underwater borrowers who are current on their mortgages to refinance at lower rates will be extended for two more years. The Obama administration's Home Affordable Refinance Program had been scheduled to expire at the end of this year. HARP now will run through 2015, regulators announced Thursday . More than 2.2 million borrowers with little or no home equity have refinanced using the 4-year-old HARP, and consumer advocates and lenders welcomed the news of the extension.
IMAGE
April 22, 2012 | By Janet Kinosian, Special to the Los Angeles Times
It's never been easier to feel like a natural woman. The 1960s mantra about getting ourselves back to the garden now applies to an increasing number of beauty products, with some small companies literally going to the garden and farm to bring customers fresh, natural, pure and organic ingredients in their hair- and skin-care items. These products provide an alternative to more mainstream offerings, which over the last half-century have become increasingly laden with synthetics that some would rather avoid.
BUSINESS
May 17, 2013 | By Tiffany Hsu, Los Angeles Times
After days of silence during which long-held resentment toward Abercrombie & Fitch Co. began to boil over, Chief Executive Michael S. Jeffries tried to stem a backlash against the teen-focused retailer. Jeffries, in a statement Thursday, discussed criticism that the company lacks women's XL and XXL sizes in favor of catering toward young, good-looking customers. "A&F is an aspirational brand that, like most specialty apparel brands, targets its marketing at a particular segment of customers," he said in the statement.