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Liquidations

ENTERTAINMENT
August 18, 2011 | By Geoffrey Mohan, Los Angeles Times
It's a typically Western irony that a well-researched and thoughtful book about water and its scarcity would be published during a spring that left every river from the Mississippi to the Colorado brimming, and water managers facing the unusual task of optimizing nature's largess. But Mark Twain had it right when he said climate is what you expect; weather is what you get. The West largely got strange weather this year. In its climatic history, the bulk of the West beyond the 100th meridian is constrained by aridity.
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BUSINESS
July 23, 2011 | Andrew Khouri
Book lovers across Southern California lined up for bargains at Borders bookstores as the nation's second-largest bookseller began a massive going-out-of-business sale. When workers opened the doors in El Segundo and rolled out shelves stocked with colorful, discounted books, a waiting crowd Friday made its way into the sprawling superstore, hungry for bargains. What they found as they worked their way through the 22,000-square-foot store were signs proclaiming, "Nothing held back!"
BUSINESS
July 22, 2011 | By Andrew Khouri, Los Angeles Times
Giant bookseller Borders Group Inc. will begin liquidating its 399 stores nationwide, including huge sales at its 18 remaining stores in Southern California. Books, DVDs and furniture valued at more than $700 million will be discounted up to 40% starting Friday, liquidators said. The sales are expected to wrap up in September. Up to 10,700 chain employees nationwide, including 524 in Southern California, will lose their jobs after liquidation. Still up in the air is a possible sale of up to 35 locations to an Alabama company.
BUSINESS
May 9, 2011 | Reuters
The trustee seeking money on behalf of Bernard Madoff's victims announced on Monday a $1-billion settlement with liquidators for three large "feeder funds," boosting payouts to the swindler's former customers. Irving Picard said the agreement reduces the claims that the Fairfield funds, which had been affiliated with Fairfield Greenwich Group, have against a fund he administers for former Madoff customers. The claims will be reduced to about $230 million from $1.2 billion, he said.
NEWS
April 19, 2011 | By Marissa Cevallos, HealthKey
If mixing Red Bull and vodka seems like a way to imbibe while avoiding late-night drowsiness — well, it is, according to the headlines this week, but at a cost. College students who drank a cocktail of alcohol and energy drinks reported feeling twice as stimulated as those who drank alcohol alone, according to a new study from Northern Kentucky University. The caffeine overrides the drowsiness that kicks in after drinking alcohol. The danger here, says lead author Cecile Marczinksi, is that you don’t realize how drunk you’re getting.
CALIFORNIA | LOCAL
April 3, 2011 | By Steve Harvey, Special to the Los Angeles Times
When Dodger Stadium opened 49 years ago, historian Kevin Starr observed, it was "state of the art," from its "column-free construction" and "unobstructed view of home plate from every seat" to its "escalators serving four levels" and "comfortable seats for fans. " There was just one problem, he noted: There were no drinking fountains. Well, actually there were two, one in each team's dugout. But, of course, the fans in the 56,000-seat ballpark were not allowed to get in line with the players when they needed a sip. One ticket-holder at the April 10, 1962, opener complained afterward to The Times that when she asked a Dodgers employee where she could get a drink of water, she was told she was welcome to use any of the taps in the ladies' rooms.
OPINION
March 23, 2011 | Tim Rutten
The Golden State Mutual Life Insurance building on West Adams Boulevard is one of Los Angeles' too-often-overlooked historical and cultural treasures. It was designed in the late 1940s to house what was then the largest African American-owned business west of the Mississippi by one of the city's storied architects, Paul Williams, certainly the most important black American architect of his generation. The building is a wonderful example of his singular capacity to meld utility and livability with an approach to design that wrung every ounce of expressive elegance from whatever style he engaged ?
TRAVEL
March 13, 2011 | By Catharine Hamm, Los Angeles Times Travel editor
Question: I am traveling to London from LAX in May. For the first time, I want to carry on rather than check. Must I limit the liquids I am taking to a 1-quart plastic bag? How strict is the Transportation Security Administration on this topic for international flights? Susan J. Rainey, Riverside Answer: Yes, 1 quart. And very strict. "When you come through the passenger checkpoint, we aren't aware of where you're going," said Nico Melendez, a spokesman for the TSA. "You might be flying to [Washington's]
CALIFORNIA | LOCAL
February 4, 2011 | By Shan Li, Los Angeles Times
Target Corp. has agreed to pay $22.5 million to settle a multiyear government investigation into the alleged dumping of hazardous waste by the retail chain, according to court documents filed this week. The settlement, pending final approval by a judge, is part of a bigger push by prosecutors throughout the state to crack down on environmental violations by big-box retailers and follows multimillion-dollar settlements in recent years with Wal-Mart Stores Inc. and Home Depot. Under the tentative agreement, the Minneapolis-based retail giant admits no wrongdoing but will pay about $3.4 million to the California attorney general's office.
SCIENCE
February 3, 2011 | By Amina Khan, Los Angeles Times
A catalog of possible planets discovered far out in space includes more than 50 candidates that could possibly support life, NASA scientists said Wednesday. If, as expected, most of the planets are confirmed as real, the Kepler mission ? now finishing its second year ? would nearly triple the number of planets discovered over the last decade and a half. With 1,235 planetary candidates surrounding a collective 997 stars in an area 500 to 3,000 light-years away, the tally to date provides a wealth of data for scientists to sift through in search of Earth-like planets.
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