June 13, 2013 |
The Koch brothers are firing back at former Federal Communications Commission Chairman Reed Hundt, who last week made a speech at UCLA in which he said he couldn't “imagine anything good from the Koch family owning the Los Angeles Times. " A statement posted on KochFacts.com written by Mark Holden, Koch Industries' general counsel, said Hundt was being hypocritical. In his remarks, Hundt advocated removing federal regulations that would prevent Rupert Murdoch 's News Corp.
CALIFORNIA | LOCAL
June 3, 2013 |
Alleging mismanagement, conflicts of interest and violations of a key agreement, Inland Empire officials Monday sued the city of Los Angeles in their effort to regain ownership of LA/Ontario International Airport, where the number of passengers has declined 40% since 2007. The lawsuit seeks a return of the struggling airport to the city of Ontario and cancellation of a 1967 agreement that transferred the facility's operation to Los Angeles on the condition that it do its best to attract airline service.
May 29, 2013 |
The civil war in Syria is heading in the wrong direction. In the last year, rebels had won control of big slices of territory, including much of the country's largest city, Aleppo. But those gains prompted a surge of military aid to Syrian President Bashar Assad's regime: urban guerrillas from Lebanon's Hezbollah and Iraq's Shiite Muslim militias, combat advisors from Iran's Revolutionary Guard and antiaircraft missiles from Russia (to prevent "hotheads" from trying to impose anything like a no-fly zone, an official in Moscow said Monday)
CALIFORNIA | LOCAL
April 22, 2013 |
Los Angeles mayoral candidate Eric Garcetti has amended two years of financial disclosure statements to belatedly report his ownership interest in a Beverly Hills property linked to an oil drilling operation. Garcetti, who has the Sierra Club's backing in his race against Wendy Greuel, signed a 20-year lease in the late 1990s that gave Venoco Inc. the right to drill under the retail property from the company's oil wells at nearby Beverly Hills High School. However, the city councilman from Silver Lake failed to report in his 2010 and 2011 disclosure filings that he co-owned the Wilshire Boulevard property, which houses a hair salon.
April 4, 2013 |
Data may show that the housing markets are in recovery, but a lot of people are still asking: Why buy a home anyway? The housing bust has created great skepticism about the traditional connection between homeownership and the American dream, a survey commissioned by the MacArthur Foundation has found. The How Housing Matters Survey, released Wednesday, found that more than three-quarters of Americans believe we are still in the middle of the housing crisis or that the worst is yet to come.
April 3, 2013 |
Data may show that the housing markets are in recovery, but a lot of people are still asking: “Who really needs to buy a home anyway?” The housing bust has created great skepticism about the traditional equation of homeownership with the American dream, a survey commissioned by the MacArthur Foundation has found. The "How Housing Matters Survey," released Wednesday, found that more than three quarters of Americans believe we're still in the middle of the housing crisis or that the worst is yet to come. QUIZ: How much do you know about mortgages?
April 2, 2013 |
As President Obama pushes for his gun control package, a small town in Georgia has made its feelings known -- for the other side. The City Council of Nelson has approved an ordinance that requires each head of household to own a gun. The legislation passed unanimously and goes into effect in 10 days. Nelson, population about 1,300, is about 40 miles north of Atlanta. The measure contains no penalties and exempts anyone who objects, as well as felons and people with mental or physical disabilities.
March 21, 2013 |
Last year a woman living across the street from Olga Koumoundouros died, and the woman's partner moved away. Their house, saddled with a large second mortgage, was not sold, but seemingly abandoned. Daunted by her own looming mortgage payments, Koumoundouros took a look inside, imagining she might squat there for a while, rent out her own place, and alleviate some financial pressure. She did end up occupying the house on Holyoke Drive in Glassell Park, but more as a socio-aesthetic intervention than as an alternate residence.
March 10, 2013 |
In June 1954, a small advertisement ran in the Wall Street Journal: "Biblical manuscripts dating back to at least 200 BC are for sale. " The commercial offering was the start of a long and controversial path for the Dead Sea Scrolls, a cache of fragmentary writings in Hebrew and Aramaic (with a few in Greek) that were found in caves near the Dead Sea between 1947 and 1956. The ancient documents include early copies of almost every book of the Hebrew Bible and have been called, justifiably, the greatest archaeological discovery of the 20th century.
March 1, 2013 |
Matthew Gordon Lasner is the official biographer of the condominium. (Well, as official as these things get, anyway.) Several years ago, the assistant professor of urban affairs and planning at Hunter College in New York became curious about how condo ownership of apartments, town houses and their legal cousins, co-ops, became ubiquitous in this country in so short a time. "Like everybody else, I just presumed they began in the 1960s and grew from there," Lasner said. But he started digging through legal documents, news reports and historical records, tracing the birth of the "owner-occupied apartment" to a building (alas, long since demolished)