April 14, 2014 |
The Dodgers and Major League Baseball declined to comment Monday about a magazine article detailing Yasiel Puig's dangerous escape from Cuba and the death threats the 23-year-old right fielder received last year from human traffickers under control of a major Mexican drug cartel. Through a team spokesman, Puig also declined to comment on the story, which is scheduled to run in the May issue of Los Angeles Magazine. Puig has never talked about how he left Cuba. The Dodgers and MLB wouldn't say what measures they have taken to ensure the safety of Puig and his teammates, though the club is known to have hired full-time security detail last year.
April 10, 2014 |
Another plunge in once-soaring technology stocks sent the Nasdaq composite index into a triple-digit decline and pushed the rest of the stock market down with it. Erstwhile darlings such as Netflix Inc. and Facebook Inc., as well as biotechnology highfliers such as Intercept Pharmaceuticals Inc., sank as investors rushed to cash in what remained of earlier profits. As of 10:55 a.m. Pacific, the Nasdaq composite index was down 107.50 points, or 2.6%, to 4,076.41. PHOTOS: Richest and poorest cities in America The Dow Jones industrial average skidded 176.57 points, or 1.1%, to 16,260.61.
April 10, 2014 |
A plunge in once-soaring technology shares sent Nasdaq into a triple-digit decline and yanked the rest of the stock market down with it. Erstwhile darlings such as Netflix Inc. and Facebook Inc., as well as biotechnology highfliers such as Intercept Pharmaceuticals Inc., sank Thursday as investors fled many names they had favored just a few weeks ago. The sell-off was less a result of economic developments as it was the hard reality of a...
April 7, 2014
For investors, a volatile stock market passed a worrisome milestone on Monday. The market logged its longest losing streak in two months, and extended a sell-off that began last week. After biotechnology and internet stocks pulled the market lower on Friday, it was companies that sell non-essential goods and services that dragged on the market to start the week. Concerns about earnings and sales drove declines. CarMax slumped after the used car dealer reported lower net income, and Mattel dropped on concerns about demand for big-name toys.
April 6, 2014 |
WASHINGTON - When you're raking in tens of billions of dollars in profits by helping credit-elite borrowers buy homes, couldn't you lighten up on fees a little for everyday folks who'd also like to buy? That's a question increasingly being posed to government-controlled home mortgage giants Fannie Mae and Freddie Mac and their federal regulators. Though most buyers are unaware of the practice, Fannie and Freddie - by far the largest sources of mortgage money in the country - continue to charge punitive, recession-era fees that can add thousands of dollars to consumers' financing costs.
April 3, 2014 |
Prime-time television dramas are less smoke friendly than they were in the 1950s. According to a study published online in the journal Tobacco Control on Thursday, there has been a dramatic decline in visibility of tobacco products on prime-time U.S. broadcast television. Researchers at the Annenberg Public Policy Center of the University of Pennsylvania determined this drop in portrayals of smoking and tobacco use in prime-time dramas mirrored the national decline in consumption.