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BUSINESS
February 12, 2014 | By Jerry Hirsch
Toyota Motor Corp. launched a massive global recall of its popular Prius hybrid to fix a software glitch that could cause the car to stall, an aggressive reaction to counter past criticism of its slow response to defects, experts said. The Japanese automaker also said it would recall about 260,000 RAV4 sport utility vehicles, Tacoma trucks and Lexus RX350 SUVs sold in the United States to address a separate issue. The recall of the Prius, one of America's best-selling passenger cars and the top-selling vehicle in California, covers 1.9 million hybrids from the 2010 through 2014 model years.
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BUSINESS
February 12, 2014 | By Stuart Pfeifer
Prosecutors in Utah have charged a San Diego tech executive with assaulting Ariane Bellamar, a model and one of the pampered mothers on reality TV show "Beverly Hills Nannies. " The Summit County prosecutor on Tuesday accused Patrick Henry, chief executive of Entropic Communications Inc., of assaulting Bellamar on Jan. 23 at his vacation home near Park City, Utah, after a night of drinking. When Bellamar tried to call police from her cellphone, Henry snatched the device from her and threw it to the ground, smashing the glass screen, said Summit County Atty.
IMAGE
February 9, 2014 | By Susan Denley
Former model Babette loves living "off the grid," as she puts it on her website. But that doesn't mean, ever, letting herself go. On the subject, she says: Philosophy: "It's important to keep up appearances, even when no one is looking. " Exercise: "A body in motions stays in motion. " Her friend Kathryn Moore attests that Babette routinely walks five miles a day. Skin: She likes a sun-kissed look but tans easily, so doesn't overdo it. Beauty products: "What I can find in the drugstore, nothing expensive, whatever works.
BUSINESS
February 9, 2014 | By Andrea Chang
The gig: Jessica Herrin is founder and chief executive of Stella & Dot, a fast-growing company that sells fashion jewelry, handbags and other accessories online and via direct sales. Stella & Dot salespeople, called stylists, pay a minimum of $199 for a starter kit and sell the company's merchandise at in-home trunk show parties; they also earn money from purchases made on the brand's website and mobile app. The San Bruno, Calif., company has 370 employees and more than 18,000 active stylists in five countries.
BUSINESS
February 6, 2014 | By Andrea Chang and Daniel Miller
Sony Corp., a struggling electronics maker trying to regain its once stalwart status, is undertaking a major restructuring that includes the sale of its PC division, a spinoff of its TV business and layoffs of thousands of employees. The Japanese tech giant said Thursday that it had decided to shed its Vaio personal computer brand after a "comprehensive analysis of factors, including the drastic changes in the global PC industry. " It is in talks to sell Vaio to Japan Industrial Partners Inc., a Japanese investment fund.
ENTERTAINMENT
February 6, 2014 | By Nardine Saad
Supermodel Doutzen Kroes has another little angel on the way! The Victoria's Secret model and husband Sunnery James are expecting their second child and announced the news Thursday with a nude Instagram photo of the model cradling her protruding belly. Some people just have the genes for that sort of thing ... PHOTOS: 2013 Victoria's Secret Fashion Show  |  Backstage "This is not a #throwbackthursday this is now!" the 29-year-old wrote . "So happy to share with you that we are expecting.
BUSINESS
February 4, 2014 | By Stuart Pfeifer
IBillionaire Inc., a company that models investments of the world's wealthiest people, plans to offer an exchange traded fund this spring that will allow the public to "invest like a billionaire," its top executive said Tuesday. After receiving about $1 million of start-up funding, IBillionaire has hired an ETF sponsor that will soon allow investors to follow the investing trends of tycoons such as Warren Buffett, Carl Icahn, Daniel Loeb and David Einhorn, said Raul Moreno, the company's chief executive.
NATIONAL
February 2, 2014 | By Kathleen Hennessey
WASHINGTON - As President Obama looks to show off all he can do without Congress, he's been pointing to a surprising place for guidance on the savvy use of power: the other side of the White House. In public and private, the president has been holding up Michelle Obama's initiatives in the East Wing as a template for how the West Wing could accomplish a policy agenda the non-legislative way. He has called his wife's team a model for what's possible, and, in his State of the Union address last week, he said, "As usual, our first lady sets a good example.
CALIFORNIA | LOCAL
January 30, 2014 | By Howard Blume
The Los Angeles Unified School District will pay substantially less for thousands of iPads under the latest deal with Apple. The cost of the tablets that will be used on new state tests will be about $200 less per device, although the computers won't include curriculum. The revised price will be $504, compared to $699 for the iPads with curriculum. With taxes and other fees, the full cost of the more fully equipped devices rises to $768. The iPads are part of a $1-billion effort to provide a computer to every student, teacher and administrator in the nation's second-largest school system.
ENTERTAINMENT
January 30, 2014 | By Nardine Saad
Christie Brinkley seems to be defying the laws of aging and broadcasting it as she gears up for her 60th -- yes, 60th -- birthday on Sunday. The Sports Illustrated swimsuit model flaunts what she's got on the latest cover of People , posing in a teal swimsuit for the mag. "Christie at 60! All her stay-young secrets" the headline reads, and the va-va-voom factor she brings to the glossy surely does the mag a few favors. "I never would would have imagined this is how I would be celebrating my 60th ... But Thank you PEOPLE Magazine for hopefully sending the message that with proper diet , exercise ,and joie de vi[vr]
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