February 19, 2013 |
Amid the tributes and condolences, the lingering sorrow over Jerry Buss' death, now comes the hand-wringing. Lakers fans see Jim and Jeanie Buss in control - no father keeping watch - and wonder if the kids can uphold a winning legacy. Jeanie has already won respect with her intelligence and candor, but has previously focused on the business side of the franchise. Will she - as Magic Johnson has advocated - exert more influence on basketball matters? And what about Jim? The son has been a constant lightning rod for criticism, outsiders guessing at what role he played in controversial decisions such as the hiring of Mike D'Antoni over Phil Jackson.
February 17, 2013 |
Presidents Day, which falls between the birthdays of George Washington and Abraham Lincoln, celebrates the contributions of those presidents. But here's a nomination for another president worth remembering on this long weekend: Harry Truman, the first of the presidents who succeeded Lincoln to accomplish anything of consequence to redress the injustices that black Americans continued to suffer long after their emancipation. Driven by black protests, and by his own conscience, Truman ordered the integration of the armed forces and threw the weight of the federal government behind the legal struggle to end segregation in the nation's schools and housing.
November 25, 2012 |
Dear Liz: My wife and her brother are selling their parents' home. The parents transferred the deed to their children's names years ago. My wife should receive about $85,000 from the sale. Our yearly income (one salary; she's a stay-at-home mom) is around $75,000. My wife is worried about capital gains taxes and wants to reinvest in another real estate property because she's heard that that will eliminate the capital gains tax. Is that correct? I would really rather invest that money in our current home (finish the basement into a family room, update some items)
CALIFORNIA | LOCAL
July 27, 2012 |
Dennis Avery, who used his share of a family fortune to fund philanthropic ventures around the world and to commission artistic replicas of prehistoric creatures for a quirky sculpture garden in the desert of Borrego Springs, has died. He was 71. Avery died Monday at Sharp Memorial Hospital in San Diego. No cause of death was given. Avery was an heir to the fortune from the Avery Dennison Corp., which launched what is considered the first commercially viable marketing of self-sticking, peel-off labels, the kind of supplies now considered essential for offices, schools and home use. His father, R. Stanton Avery, a classic rags-to-riches American success story, founded the business in 1935 after borrowing $100 to build a label-making machine out of spare parts.
July 18, 2012 |
The Walton family, heirs to the founders of the Wal-Mart Stores Inc. superchain, are worth nearly as much as the bottom half of American households combined. The Waltons' value -- $89.5 billion in 2010 - is equal to the worth of the 41.5% of families at the lower end of the income ladder, according to an analysis by Josh Bivens of the Economic Policy Institute. That comes out to 48.8 million households. And as the mid-point of family net worth fell 38.8% in the U.S. between 2007 and 2010 to $77,300, the Waltons' fortune grew an inflation-adjusted $16.2 billion.
June 12, 2012 |
"Dallas,"which in its love of the anti-hero and elevation of the cliffhanger set the stage for much of what is now considered Important Television, is back, 21 years after the end of the series proper and 14 years from the last branded TV movie. And the presence of Larry Hagman, Patrick Duffy and Linda Gray as JR, Bobby and Sue Ellen Ewing - arguably the most important characters from the original series - means that you should take it as seriously, on its less than serious terms. In order not to make the new version, which has devolved from CBS to TNT, entirely geriatric - it was a sea of gray even when the first run ran down - much of the action focuses on the rivalry between cousins John Ross (Josh Henderson)
May 25, 2012 |
The Indian animated film "Arjun: The Warrior Prince" - a mythological yarn from the Mahabharat about the maturing of an heir from naïve trainee to noble hero - could prove to be something of a treat for fans of the genre. Though unmistakably computer-massaged, it has the design and polish of Disney's early '90s hand-drawn output, and none of the numbing frenzy of so much digital kid fodder. (Disney, in fact, is a co-producer on the movie with Indian studio UTV.) Not necessarily for children, with its occasionally bloody depictions of sword-fighting violence, "Arjun" - which was directed by Arnab Chaudhuri - has the appealing air of something passed down through the centuries for good reason, awash in attractively epic, colorful renderings of vast kingdoms, intricate palace interiors and impossibly sculpted warriors against beautiful countryside.
May 24, 2012 |
From the rides of kings to a king of rock 'n' roll, auction house Gooding & Co. has scored a couple of notable entries for its annual auction at the Pebble Beach Concours d'Elegance in August. The Santa Monica seller of high-end collector cars will put up for auction a 1938 Bugatti Type 57C Stelvio once owned by Prince Louis Napoleon, the grandson of the nephew of Emperor Napoleon I of France and noted World War II resistance fighter. Although the prince was forbidden to live in France for much of his life because of former laws banning the top heirs of French dynasties from living in the nation, he was fond of French vehicles, especially Bugattis.
May 4, 2012 |
Burberry Group and heirs of Humphrey Bogart are suing each other over an image of the late actor wearing a Burberry trench coat in the film "Casablanca. " Burberry asked a federal court to declare that its use of Bogart's name and image in social media doesn't infringe Bogart Corp.'s trademark rights or rights of publicity, it said in a complaint filed Wednesday in New York. Bogart, which is majority owned by Bogart's children, followed that action by filing a trademark-infringement complaint Wednesday in Los Angeles.