March 9, 2014 |
A pair of new drugs to treat hepatitis C offer a cure for millions of Americans afflicted with the disease - but at a potentially staggering cost to taxpayers and health plans. Until now, therapies for hepatitis C helped only about half of patients and posed numerous side effects, such as flu-like symptoms, anemia or depression. In comparison, clinical trials of Sovaldi and Olysio have shown cure rates of 80% to 90% with far fewer complications. That progress, though, comes at a price.
March 5, 2014 |
Wal-Mart has announced it is cutting the price of the iPhone 5s and the Samsung Galaxy S4 to $119 and $49, respectively. The retailer said customers can purchase the gadgets at their new prices starting Wednesday. Wal-Mart said it is also cutting the price of the iPhone 5c to $29. Customers who wish to buy the devices must get them with a two-year contract from either AT&T or Verizon. Wal-Mart said the rolled back prices will be available for at least 30 days. VIDEO: Unboxing the Quirky Spotter multipurpose sensor Previously, Wal-Mart sold the iPhone 5s for $145, the GS4 for $99 and the iPhone 5c for $45. Additionally, customers who buy any Samsung smartphone between March 9 and March 22 will also receive a $50 Wal-Mart gift card.
March 4, 2014 |
To say that Trey Dickerson is good at adjusting to his surroundings might be an understatement. He came to Los Angeles from Queens, N.Y., as a sophomore and was a starting guard at Van Nuys Montclair Prep when the school dropped its sports program. Then he went to L.A. Price, where he was a standout on the 2011-12 team. Colleges wanted him but he wasn't an NCAA qualifier, so he went to prep school, God's Academy in Dallas, Texas. He committed to Murray State last year and was taking summer classes, then reversed course and enrolled at a junior college, Williston State College in North Dakota, where he has become one of the top junior college guards in the country, with scholarship offers from Washington, Washington State, Iowa, Nebraska, Arkansas and St. Louis.
March 2, 2014 |
Steven Price, who brought an experimental edge to the sound of "Gravity," Alfonso Cuarón's 3-D outer space disaster film, won the Oscar for original score. Full of tension and a mixture of orchestral and digital sounds, Price's score serve as one of the film's characters -- the never-ending galaxy that is the film's setting. "Every element was manipulated through a synthesizer so that you're never sure what's organic and what's electronic," Price recently told The Times . "We were very keen to avoid the conventions of a typical action score.
March 2, 2014 |
Southern California home building is stuck at historic lows, one of many factors conspiring against middle-class buyers in a recovery marked by high prices and low supply. Despite explosive price gains last year, builders and their Wall Street financiers remain hesitant to make big bets on the rebound. The slow construction is among many hurdles facing buyers seeking affordable homes. Cash-rich investors - many of them buying homes to rent out, rather than resell - have eaten into supply, especially at the lower end of the market.
March 1, 2014 |
The gluten-free crowd has spoken, and it wants pizza. It's not hard to find gluten-free crusts these days, usually for a surcharge. What's more elusive is a pizza that's suitable for those with celiac disease - people for whom just a dusting of ambient wheat flour can mean painful illness. As Jennifer Harvey, food specialist for MOD Pizza put it: "The gluten-free movement has gotten so big. It's no longer a niche. " 800 Degrees Neapolitan Pizzeria: Originally sold a few gluten-free crusts a day, now it's 5% of the business.
February 25, 2014 |
Home prices nationally posted their best year since 2005, but signs are growing that the housing rebound has stalled. Prices in the 20 largest metro areas have dropped slightly for two months in a row, according to the S&P/Case-Shiller index, a leading national home price gauge. Demand is waning because of higher prices and mortgage rates, and home buyers have only modest expectations for price appreciation, said Robert J. Shiller, a Yale economist and co-creator of the index.
February 25, 2014 |
Home prices fell slightly across large U.S. cities in December from a month earlier, further evidence that the housing market cooled to close the year, according to a closely watched index. The S&P/Case-Shiller index of 20 large U.S. metropolitan areas, released Tuesday, declined 0.1% from November, the second straight month-over-month drop. Compared to a year earlier, the index rose 13.4%, a slower one-year pace than in November. “The strongest part of the recovery in home values may be over,” David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices, said in a statement.
February 23, 2014 |
WASHINGTON - If you're planning to shop for a home in the next few weeks, here's an early spring buying season come-on that just might save you some money if you qualify. Fannie Mae, the largest mortgage investor in the country, has a bulging portfolio of houses acquired through foreclosures nationwide. About 31,000 of these properties are listed on its HomePath (www.homepath.com) resale marketing site. To move them quickly out of inventory, Fannie temporarily is offering qualified owner-occupant purchasers - but not investors - cash incentives toward closing costs of 3.5% of the purchase price.
February 21, 2014 |
SAN FRANCISCO - The $19 billion that Facebook Inc. is paying for a smartphone app, one of the biggest tech deals of all time, made jaws drop even in Silicon Valley, where entrepreneurs tend to have an inflated sense of their own worth. "It's 19 Instagrams," observed serial start-up entrepreneur Adam Rifkin, referring to the $1 billion Facebook paid for the popular photo-sharing app in 2012. But analysts say the purchase of WhatsApp could pay off for Facebook as it takes on Google Inc. and other technology giants in the escalating arms race to be the next big thing in mobile.