March 28, 2014 |
Profit at Tribune Co., the parent of the Los Angeles Times and other newspaper, radio and television properties, fell sharply last year amid a further decline in newspaper advertising and a significant drop in earnings at its broadcast division. The Chicago media company reported net income of $241.6 million for the year, down 43% from $422.5 million in 2012. Total operating revenue fell 8% to $2.9 billion, with a 6% decline in publishing and an 11% drop in broadcasting. For the fourth quarter, revenue dropped $97 million, or 11%, to $773 million, partly because the quarter included one fewer week than the previous year's final three months.
March 16, 2014 |
Adina Jones has spent years immersed in logistics such as financial tracking, transportation organization, nutritional direction and healthcare supervision. In other words, Jones is a mom. And until shortly before her 14-year marriage ended last year, Jones was a full-time caregiver for her three daughters. "I wanted to give them the best start I could," Jones, 40, said of her career hiatus, which began in 2006. "I wanted to be there for them in all ways. " Now, Jones is trying to reenter the traditional workforce and finding it tough.
March 14, 2014 |
Income inequality is rising all over the country. But it's rising faster in some places than others -- almost nowhere faster than Orange County. That's according to a report this week from real estate website Trulia , which crunched income figures over the last 22 years and found that a household in the 90th percentile of income in Orange County in 2012 earned 11.7 times as much as a household in the 10th percentile. That's up from 7.5 times as much in 1990. Only three metro areas in the country -- San Francisco, hedge-fund capital Fairfield County, Conn., and San Jose -- saw the disparity grow faster in that time.
March 9, 2014 |
NEW YORK - Anderson Cadet arrived at the Varick Street courthouse in an orange jumpsuit, shackled at the wrists, prepared to fight his deportation without an attorney. In immigration court, there is generally no right to free legal counsel. Many immigrants represent themselves. But on this cold February morning, Cadet was greeted by a public defender who took on his case for free. The Haitian immigrant is a client in a yearlong pilot program, believed to be the first of its kind, that provides free legal counsel to low-income people facing deportation.
March 9, 2014 |
Dear Liz: I just received my tax forms from my employer for last year. I was originally a W-2 employee, paid hourly, as a receptionist. But it seems that at some point during the year, my employer changed me to a 1099 employee without telling me or having me fill out paperwork. After researching the characteristics of a 1099 employee, I found I do not qualify at all. I am upset that I will have to pay taxes on this income, since I thought they were being withheld from my pay. Do I have any recourse?
CALIFORNIA | LOCAL
March 7, 2014 |
Sixteen-year-old Monica buried her face in a pillow, trying to rest for school the next day, as the clock ticked past 11 p.m. Sleep was a battle in the tiny apartment. Hunched at the other end of the family's only mattress, two of her brothers played a video game while a third lounged next to her, watching virtual soccer players skitter on screen. Her 2-year-old niece toddled barefoot near the door, toying with a pile of pennies. In all, seven people live in this wedge of space in Historic South-Central, including Monica's mother and the mother of the little girl - the longtime girlfriend of one of her brothers.