WORLD
April 8, 2013 | By Anthee Carassava
ATHENS - Fears concerning Greece's efforts to fix its faltering economy flared anew Monday as bank shares sank 30% -- the maximum allowed in a day -- after plans to merge the country's two biggest lenders were suddenly frozen. Investors dumped shares of the National Bank of Greece and Eurobank during the early hours of trading after both institutions confirmed late Sunday that their merger was off because of fears that the new combined entity would be too big to handle. The surprise freeze came amid testy talks between the government and international lenders from the European Commission, the European Central Bank and the International Monetary Fund, which together are keeping Greece afloat with a multibillion-dollar rescue package in exchange for strict fiscal reforms.
BUSINESS
March 29, 2013 | By Stuart Pfeifer
A New York food company is recalling 196,000 pounds of frozen quesadillas, pizza slices and mozzarella bites because they may be contaminated with E. coli bacteria, the U.S. Department of Agriculture Food Safety and Inspection Service said. Rich Products Corp. initiated the recall of its Farm Rich frozen snacks after reports of illness from consumers in several states. A sample of a Farm Rich frozen chicken mini quesadilla product from a New York case tested positive for E. coli, the food safety agency said.
WORLD
February 26, 2013 | By Richard Fausset, Los Angeles Times
OUTSIDE SAN LUIS DE LA LOMA, Mexico - Don Polo's heavily armed convoy wound its way through the hills above the lush coastal plain of Guerrero state, its groves of slender palm trees now far below him. The two-lane country road twisted eastward, and upward, for miles. But around each bend, there were no campesinos , no burros, no dogs, no cars barreling down toward the Pacific. Fields of yellow grass, grown taller than a man, covered the landscape, animated only by the wind. This, though, was no vision of tranquillity.
ENTERTAINMENT
February 14, 2013 | By Betsy Sharkey, Los Angeles Times Film Critic
Serendipity is what gives us "Happy People: A Year in the Taiga," an intimate portrait of the vanishing breed of hunters and fishers still making a life in the isolated heart of Siberia, where a mild winter day is 30-below and the only way in or out is by helicopter or boat. That we are given a glimpse of this extraordinary place and its people at all is due to pure chance. Filmmaker Werner Herzog had dropped in unexpectedly on a friend in Los Angeles and found footage of Siberia playing on the plasma.
BUSINESS
February 8, 2013 | By Ricardo Lopez
About 20,000 frozen lasagna meals were recalled in Sweden this week after tests found the food items to contain 60% to 100% horse meat. European frozen-food company Findus pulled the affected food items from grocery store shelves Monday while it conducted DNA testing. Test results Wednesday revealed that Findus' beef lasagna contained the equine meat. Following the discovery, the company apologized for the mislabeling and urged consumers to return the horse meat-tainted products for full refunds.
BUSINESS
January 23, 2013 | By David Colker
But are those metal filings organic? Annie's Inc., which specializes in natural and organic foods, is recalling all varieties of its Rising Crust frozen pizza because pieces of metal wire might be in the products. The Berkeley-based company says that a fine metal mesh screen failed at one of it flour suppliers, resulting in "flexible metal mesh" fragments in the flour and pizza dough. Annie's said no metal has been found in its finished products, so far, but it initiated a voluntary recall, after learning of the screen fail.