CALIFORNIA | LOCAL
April 19, 2013 |
A man was killed Friday morning after he jumped off the Olive Avenue overpass in Burbank and was hit by an tractor-trailer on the southbound 5 Freeway, police said. The man, whose identity wasn't immediately known, was struck in No. 4 lane about 9:20 a.m., according to Burbank Police Lt. Matthew Ferguson. A Sigalert was issued at 9:43 a.m. after the three right lanes of the roadway were closed for the investigation, with traffic stopped from Hollywood Way. The lanes were reopened later in the day. ALSO: Man found in shallow grave died from blow to head, coroner says Businessman accused of using doctors' investments on cars, boats Burger King at your door?
April 17, 2013 |
Using ATM machines out of your bank's network is getting increasingly more expensive. Those transactions tend to hit customers with two fees -- one from your own bank and the second from the ATM that takes a surcharge fee. That surcharge fee has jumped 20% to an average $2.10 last year, up from $1.75 in 2007, according to a recent U.S. Government Accountability Office report. Photos: Top 10 richest people ever led by 14th century African king Banks and credit unions charged fees ranging from 45 cents to $5, according to the GAO, while independently operated ATMs charged from $1.50 to $3. (The report notes there may be fees that are far higher that were not included in their sample)
April 16, 2013 |
New residential construction rose significantly in March as builders started more multi-unit dwellings. Housing starts rose 7% from upwardly revised February figures to a seasonally adjusted annual rate of 1,036,000, the Commerce Department said Tuesday. The rate was 46.7% higher than March 2012. Housing starts jumped higher than economists polled by Bloomberg News expected, after the Commerce Department said builders started many more units in February than previously thought. The department revised February starts to an annual rate of 968,000 from 917,000.
April 15, 2013 |
Citigroup Inc.'s first-quarter profit jumped 30% as the giant bank tries to emerge from the shadow of the financial crisis under new Chief Executive Michael Corbat. Citi said Monday it earned $3.8 billion, or $1.23 a share, in the first quarter, up from $2.9 billion, or 95 cents, during the same period a year ago, beating analysts' estimates. The bank's shares gained $1.15, or 2.6%, to $45.93 in early trading on Wall Street. Revenue of $20.5 billion grew 6% from $19.4 billion in the first quarter of last year.
April 15, 2013 |
An 11.3% jump in maintenance bills was the primary driver behind an increase in car operating costs from 2012 to 2013, according to the AAA's annual "Your Driving Costs" study. Despite that, overall operating costs for the average family sedan were up less than 2% in what was described as a very modest rise. The AAA pegged the cost per mile of the average family sedan at 60.8 cents, which works out to about $9,122 in annual costs. Photos: Top 10 cars with lowest cost per mpg "The cost of operating your car has only risen by a very small amount," the AAA's Steve Mazor said in an interview.
April 13, 2013 |
With a nod to the Masters, Kevin Baxter's rankings through Friday. (last week's ranking in parenthesis) ATOP THE LEADERBOARD 1. ATLANTA Staff earned-run average of 2.08 is the best in baseball. (10) 2. WASHINGTON Bryce Harper second player under 21 to hit five HRs in team's first 10 games. (1) 3. SAN FRANCISCO Giants have won last 16 starts by Barry Zito, who hasn't given up a run this year. (2) 4. OAKLAND A's top majors in 8 offensive categories including runs, steals and homers.
April 12, 2013 |
JPMorgan Chase & Co. reported a 33% jump in profit in the first quarter as the nation's largest bank by assets saw the economy and housing market strengthen. The New York-based bank said it earned a record $6.5 billion, or $1.59 a share, for the three-month period ended March 31, up from $4.9 billion, or $1.19 a share, for the same period a year ago. Continued improvement in the housing market led to a 37% jump in mortgage originations, while the bank also saw strong growth in investment banking and asset management.
April 11, 2013 |
California installed so many new wind turbines in 2012 that it vaulted into second place behind Texas in the amount of wind power it produces, according to a new annual report from the American Wind Energy Assn. California also ranks second in the U.S. in the amount of employment associated with the wind industry, with more than 7,000 jobs, the AWEA said. Nationally, wind energy production grew 28% in the U.S. last year in what AWEA describes as the industry's best year to date.
April 10, 2013 |
Box office revenues are down, but film crews are having a good year on the streets of Los Angeles. Overall film production activity in Los Angeles jumped 18% in the first quarter, mostly the result of a flurry of low-budget movies, sitcoms and television pilots. Location filming for all categories of production generated 13,361 production days in the first three months of this year, compared with 11,360 days a year earlier. That marks the second consecutive quarter of double-digit gains for location filming in the L.A. region, according to a report from FilmL.A.
April 10, 2013 |
Like a secular shrine, the dining-room wall of Juan Diego Borda's West L.A. bungalow is decorated with dozens of classic record-album covers. "Abbey Road. " "Sticky Fingers. " "Dirty Dancing Machine. " "Lords of Acid vs. Detroit. " For Borda and Andres "Popa" Erazo, the personable and articulate two-man electronica collective known as Palenke Soultribe, the wall is both inspirational and aspirational. It's a visual nudge, as well as a testament, to their ambitions as DJ-producer-musicians focused on importing cumbia and other Afro-Caribbean rhythms into the hissing global stew that is electronic dance music.