March 15, 2013 |
Michael Govan came to the Los Angeles County Museum of Art seven years ago with a mission to make it one of the most prestigious institutions in the country, one worth mentioning alongside New York City's Metropolitan Museum of Art and Museum of Modern Art. Now he's trying to seize an opportunity to gain ground on them in a single stroke. Govan and LACMA's trustees have proposed a takeover of L.A.'s financially adrift Museum of Contemporary Art and its crown jewels: a 6,000-piece collection that's one of the world's most admired troves of post-World War II art. But Govan has an imposing rival in billionaire Eli Broad, L.A.'s eminence grise of art philanthropy.
February 24, 2013 |
DALLAS — Mavericks owner Mark Cuban loves to poke and prod the Lakers. Witness his Kobe Bryant "amnesty" comments a few days ago. But Cuban said it hasn't been as entertaining to zing the Lakers since former coach Phil Jackson and, yes, Shaquille O'Neal left. "It's nowhere near as fun. They would always take the bait," Cuban said Sunday. Of course, that was before Bryant wrote "Amnesty THAT" on Twitter after ripping through Dallas for 38 points in the Lakers' 103-99 victory Sunday.
February 12, 2013 |
WASHINGTON - With broad support from the Senate, legislation to renew and expand the Violence Against Women Act is heading to the House, where a previous renewal bid failed over Republican concerns about new services for gay, immigrant and Native American victims of domestic violence. The Senate's 78-22 vote Tuesday reauthorizing the act extends central provisions, such as funding for investigation and prosecution of violent crimes against women, while also expanding services to groups it did not previously serve.
January 25, 2013 |
A bipartisan group of U.S. lawmakers is seeking to repeal a Medicare-pricing provision in the recent "fiscal-cliff" deal in Congress that benefits Thousand Oaks biotech giant Amgen Inc. Legislation to eliminate the exemption for a class of drugs, including Amgen's Sensipar, that are used by kidney dialysis patients, was filed this week by U.S. Rep. Peter Welch (D-Vt.). The fiscal cliff legislation approved this month excluded these oral medications from Medicare price controls for an additional two years.
December 10, 2012 |
My post Saturday calling for an end to the debt ceiling drew quite a few comments from seething readers who thought I was calling for Washington to pile on an endless amount of debt. Just to be clear, my point isn't that the nation's enormous and growing debt is a good thing. It's that Congress,which controls the federal purse, has better ways to rein in its borrowing than stiffing its creditors. Still, some people aren't willing to count on Washington to restrain itself, so they're not willing to give up the nuclear option of the debt ceiling.
December 6, 2012 |
WASHINGTON - After months of delays, U.S. lawmakers finally passed a trade bill with Russia. And perhaps no one was as deeply moved as investor William Browder. His emotions had nothing to do with the commercial implications of the legislation, which normalizes trade relations with Russia and should give a boost to big American exporters such as Caterpillar Inc. and Deere & Co. Instead, Browder's focus was entirely on a provision that would punish Russians accused of human rights abuses, specifically those involved in the 2009 death of his onetime Russian lawyer, Sergei Magnitsky.