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BUSINESS
April 1, 2014 | By Lauren Beale
The longtime Malibu home of the late comedian Dick Martin and his actress wife, Dolly, is for sale at $11.5 million. The Cape Cod-inspired beach house, built in 1946, has unobstructed ocean views and a wooden walkway that leads to the sand. Features of the one-bedroom house include vaulted ceilings, brick fireplaces, French doors, a beach-facing deck and a wine cellar. There are four bathrooms and 2,551 square feet of living space. A self-contained guest house, separated from the main house by a rose garden and fruit trees, has a fireplace and an open-beam ceiling.
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BUSINESS
April 1, 2014 | By Lauren Beale
After an international bidding war, a Westside mansion often described as a French palace has changed hands for $102 million, making it the most expensive residential sale ever recorded in Southern California. As is often the case with high-end properties, the identity of the trophy home's unnamed buyer has been obscured behind layers of lawyers, agents and a limited liability company. But the real estate equivalent of a bread crumb trail suggests that the purchaser of the opulent estate is onetime junk bond king Michael Milken, who has spent more than two decades devoted to philanthropic efforts since he pleaded guilty in 1990 to securities fraud.
SPORTS
March 31, 2014 | By Bill Shaikin
The Dodgers' average ticket price jumped 15% this season, the highest increase of any National League team, according to the annual fan cost study by Team Marketing Report. The Kansas City Royals, with a 25% hike, were the only other major league team to raise the price of an average ticket by a double-digit percentage. However, according to the survey, the Angels ($27.40) have a higher average ticket price than the Dodgers ($25.80). It is unlikely that statement would be true at the end of the season.
BUSINESS
March 30, 2014 | By Lisa Zamosky
Monday is the last day to begin the process of signing up for insurance under the Covered California statewide health exchange. But even for many of those already enrolled, the challenges are just beginning. Consider, for instance, the work to be done in figuring out your new health plan's coverage for prescription drugs. For people who take medications on an ongoing basis, it's especially important to closely evaluate details of a health plan's drug coverage. For Tina Petrakis, selecting a new health plan through Covered California meant paying close attention to the medications each policy covered.
BUSINESS
March 30, 2014 | By Chad Terhune
After months of head counts for Obamacare, it is the medical bills that will start to matter now. Even before enrollment closes Monday, California has far exceeded its initial goals for signing up people under the Affordable Care Act. Although the sheer volume of 1.1 million policyholders is impressive for a brand new government program, the number of sicker patients is what's likely to draw the most attention. How sick they are and the size of their medical bills will be front and center in the weeks to come as insurers begin drawing up next year's insurance rates, which will become public this summer.
FOOD
March 29, 2014 | By S. Irene Virbila
This is why Rioja is one of the best values in red wine right now. Where else could you find such a distinguished red from the 2001 vintage for less than $35? This isn't something a shrewd wine merchant put away for a few years but the estate's current release. And what a mature beauty it is - aromas of dried cherry and rose petals, flavors of dark berries and tobacco, ripe tannins and a long, inviting finish. A seamless package. It will go well with just about anything, but I'm thinking lamb - a roast or chops.
BUSINESS
March 27, 2014 | By Shan Li
For the first time in months, most Californians are shelling out more than $4 for a gallon of regular gasoline. And with the busy summer driving season ahead, prices are likely to move even higher, fuel analysts said. It's a rite of spring as predictable as warmer weather or blooming flowers: Gasoline prices are edging up. A gallon of regular gasoline Thursday cost an average of $3.99 in the Golden State, the highest since September 2013, according to the AAA Daily Fuel Gauge report.
BUSINESS
March 26, 2014 | By Ricardo Lopez
Shares of King Digital Entertainment, the maker of the addictive Candy Crush game, tumbled Wednesday in their first day of trading on Wall Street.  The stock, priced at $22.50 a share in its initial public offering late Tuesday, began trading Wednesday on the New York Stock Exchange under the ticker symbol KING. It opened at $20.50 a share then dropped as low as $19.08 apiece before rebounding. About two hours into the trading day, the stock was changing hands at $20.20, down 10% from the IPO price..  King raised about $500 million in the IPO, valuing the company at more than $7 billion.  The firm's NYSE debut brought out several of King's colorful game characters onto the stock exchange's trading floor, including a giant red strawberry, an oversized bear and others who roamed the floor: Get in on Candy Crush's hot IPO while there's still time - i.e., before it goes to zero  ALSO: Betty Ford Center ready for a comeback Americans are drinking less coffee daily, study says U.S. lawmakers ask Gilead to justify hepatitis C drug's $84,000 price
BUSINESS
March 25, 2014 | By Chad Terhune
Californians don't have easy access to actual prices for medical care, according to a national report card that gave the state an F for its dismal showing. California had plenty of company. Overall, 45 states received an F in the report issued Tuesday by two nonprofit healthcare groups that analyzed government efforts to make pricing information widely available to consumers. This issue has taken on greater importance in recent years as patients shoulder a growing share of healthcare costs from higher deductibles and other insurance changes.
CALIFORNIA | LOCAL
March 25, 2014 | By Emily Alpert Reyes
A war of words erupted Tuesday between two Los Angeles City Council members vying for control of the annual Fourth of July fireworks show at the Los Angeles Memorial Coliseum. In a blistering press release, Councilman Bernard C. Parks accused Councilman Curren Price and USC of "continuing what has become a petty retaliation effort" to force Parks out of the Fireworks Extravaganza he founded more than a decade ago. Parks said the university and some Coliseum Commission members have been at odds with him since he publicly opposed a deal giving USC control of the Coliseum, which he argued gave the community "little to nothing in return.
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