May 7, 2013 |
WASHINGTON - As a sweeping immigration bill moves forward in the Senate, Republicans are demanding stronger border security measures than those agreed upon during four months of bipartisan negotiation. The process of toughening the bill could win additional votes from the GOP, but there is also a risk of losing Democratic support if the amendments go too far. "If, in fact, the American people can't trust that the border is controlled, you're never going to be able to pass this bill," Sen. Tom Coburn of Oklahoma, the top Republican on the Senate Committee on Homeland Security and Governmental Affairs, told four officials from the Department of Homeland Security during a hearing Tuesday.
May 7, 2013 |
Gov. Jerry Brown has made it clear how unhappy he is about having to produce a plan to reduce the inmate population of California's prisons by another 9,000. Under the 2011 realignment law, the state has already lowered the prisoner count by 43,000 by diverting many would-be new prisoners to county jails and many would-be parole violators to county supervision. Besides, the governor has argued, the whole point of the court-imposed population cap - 137.5% of capacity - is to resolve serious problems with inmate medical and mental health care, and hasn't that already been done with an enormous new commitment of resources and treatment?
May 4, 2013 |
The Dodgers have gotten more offense out of their pitchers than their third basemen. That makes any news about Chase Headley pertinent to the Dodgers. The new ownership group of the San Diego Padres had been practically invisible all season, until Executive Chairman Ron Fowler popped up Wednesday to tell U-T San Diego the team soon would offer Headley a contract that would make him the richest player in franchise history. "Indentured servitude went out a long time ago, so we can't force him to stay here," Fowler said.
May 3, 2013 |
Ordering some Chardonnay or Cabernet while eating out can sometimes be the priciest part of a meal. And it's only getting more expensive. The price of vino by the glass rose steadily over the last six months, according to Restaurant Sciences, an independent firm that tracks food and beverage product sales. The cause of the costlier buzz? A tightening squeeze on wine inventories - some even call it a shortage - coupled with swelling consumer demand for the alcohol. "We're seeing more and more wine lists with nothing under $40 for a bottle," said Michael Whiteman, president of Baum/Whiteman International Restaurant Consultants.
May 3, 2013 |
Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who listed her occupation as "homemaker"? Yes, things are tough out there. And despite some evidence that lenders are easing up just a tad, in the new world of "prove everything - and prove it twice," there have been some unusual demands, to say the least.
May 1, 2013 |
First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds. Apple Inc. sold $17 billion in bonds Tuesday, a gargantuan deal that ranked as the largest in global corporate history. And even though the securities are paying microscopically low interest, investors tripped over themselves to buy in. In the financial equivalent of a line stretching around the block, investors reportedly submitted more than $50 billion in requests, or more than three times the amount available.