January 13, 2014 |
Five German brewing companies were fined millions by German authorities for colluding to fix prices between 2006 and 2008. The companies -- Bitburger, Krombacher, Veltins, Warsteiner and Barre -- have been ordered to pay a combined 106.5 million euros (about $145.5 million), along with seven people "personally involved" in the price fixing scheme, according to a statement from the Federal Cartel Office. The collusion started in joint meetings between national breweries, which first agreed to price hikes for their draught and bottled suds, the authorities said.
January 12, 2014 |
The U.S. military is like the highly skilled, gadget-toting contractor who promises to give your kitchen a nifty makeover in no time whatsoever. Here's the guy you can count on to get the job done. Just look at those references! Yet by the time he drives off months later, the kitchen's a shambles and you're stuck with a bill several times larger than the initial estimate. Turns out the job was more complicated than it seemed. But what say we take a crack at remodeling the master bath?
CALIFORNIA | LOCAL
January 12, 2014 |
The Los Angeles Unified School District is conducting a survey to determine what other districts pay for technology just as the Board of Education is scheduled to vote Tuesday on the next phase of a $1-billion program to provide computers to every student. The survey has gone out to 21 of the largest school districts in the nation and to another 40 districts in California, said Hugh Tucker, deputy director of facilities contracts for L.A. Unified. Tucker disclosed the survey in a district meeting last week. Earlier this month, The Times reported that L.A. Unified was paying among the highest prices , based on a cross-section of school districts contacted by the newspaper.
January 11, 2014 |
Los Angeles Price, a six-time state champion, is starting to play well, and Chatsworth Sierra Canyon found out the hard way on Saturday night. The Trailblazers came into their game with a 15-1 record but left with a 56-55 loss to Price. Chris Carson made the game-winning shot with less than three seconds left. He finished with 14 points. Point guard Chris Martin had 15 points for Price, which is 13-3 overall. "It's January, and the team is coming together and playing smart," Coach Michael Lynch said.
January 5, 2014 |
This website will help you answer those age-old questions: Where do I go after I land? And more important, how much will it cost? Name: Rome2Rio.com What it does: It's a global trip planner that combines and displays not only flight information but also train, bus and ferry options, or a combination of all types. Hotel options are just one more click away. Cost: Free. What's hot: Rome2Rio.com is blazing fast. In researching a trip with friends, I could instantly get prices (and multi-modal routes)
January 2, 2014 |
Texas billionaire T. Boone Pickens thinks his long bet on natural gas is finally paying off. The legendary oilman has long declared it his mission to wean America off its addiction to foreign oil. He co-founded an Orange County company that builds natural gas stations around the country and sank billions into wind turbines. Pickens' gambles have not always paid off. He lost an estimated $150 million of his personal fortune in wind farming, and admits that he was a couple of decades early into natural gas. But he thinks the time has come for natural gas to shake up the energy industry.
January 1, 2014 |
Home prices in large U.S. cities posted strong annual gains in October but slowed from a month earlier, according to a leading gauge, reflecting a seasonal cooling and the struggles of home buyers in a pricier market. The S&P/Case-Shiller index of 20 large U.S. metropolitan areas, released Tuesday, rose 13.6% from October 2012, the largest pop since the beginning of 2006, during the housing bubble. But over the month there was a cooling trend. Prices increased just 0.2% from September, less than economists had expected.
January 1, 2014 |
When Michael Shuken recently bought his family's first home, a four-bedroom in Mar Vista, his adjustable-rate mortgage helped them stay on the pricey Westside. For now, his interest-only loan costs him about 35% less per month than a 30-year fixed mortgage, he said. But he'll have a much bigger monthly bill in 10 years, when the loan terms require him to start paying off principal at potentially high rates. "What is going to happen if I can't restructure my loan and extend it?
December 30, 2013 |
Hey, big spender, here's something to add to next year's Christmas list: Samsung's new 110-inch 4K television, which the electronics giant has just priced at a whopping $152,000. The ultra-high-definition television, which has four times the resolution of standard high-def TVs, is available in South Korea, China and the Middle East, according to the Associated Press. As larger TVs become more popular, television manufacturers have been racing to create sets that are not only bigger but sharper as well.
December 29, 2013 |
UCLA's Myles Jack was doing an interview, one of many since the freshman linebacker added running back to his chores and became a college football phenomenon. Teammate Eddie Vanderdoes saw this as his cue. "Man, we were walking on campus after the Washington game and everyone was yelling, 'Myles! Clickclack Jack! Boobie!" said Vanderdoes, a freshman defensive end. "All the women were swooning. " Jack, his voice rising in mock anger, barked back, "That's just rude!" and pleaded, "None of that happened.