ENTERTAINMENT
May 9, 2012 | By James Rainey, Los Angeles Times
The company introduced last year as a financially powerful production partner for KCET-TV has been reduced to a tiny operation that has been late on some of its bills, according to several people familiar with the company. In addition, the company relied on mass-market DVDs, and not just its own archive, for some segments of a nostalgia program it makes for the public television station, according to these people. Four people who have worked for Eyetronics Media & Studios said in interviews that they and others had gone without pay for as long as six weeks during the last year.
BUSINESS
April 7, 2012 | Jerry Hirsch
Gas prices have soared about 15% in the last six months, hitting $3.94 a gallon on average nationwide, and $4.29 in California. The mood of motorists? Meh. Partisan finger-pointing aside, polls suggest that most people aren't as worked up over gas prices as they were four years ago, when a gallon of regular hit a national average of $4.11 a gallon. Nor has there been as much clamor for drastic measures, such as tapping the Strategic Petroleum Reserve in Texas and Louisiana.
CALIFORNIA | LOCAL
April 5, 2012 | George Skelton, Capitol Journal
SACRAMENTO - The bullet train boondoggle is looking more like a bullet bull's-eye. But one big question lingers: Where are the bucks? And even if the state can find the bucks, should it spend them on building a high-speed rail line, a cool choo-choo? Especially when higher education in California is such a train wreck? Education - kindergarten through college - should be our No. 1 priority, for both moral and economic reasons. Producing an educated, skilled workforce for the increasingly competitive global economy is even more important than creating temporary track-laying jobs.
BUSINESS
March 29, 2012 | By Marc Lifsher, Los Angeles Times
SACRAMENTO - An elected state tax collector wants to save strapped California motorists money by freezing the sales tax on gasoline whenever the pump price jumps above $4 a gallon. The idea, said George Runner, a Republican member of the State Board of Equalization, is to put a few bucks back in consumers' pockets rather than provide a small windfall to local governments. Gasoline prices in California averaged $4.33 on Wednesday, according to AAA's Daily Fuel Gauge Report.
BUSINESS
March 22, 2012 | By Jim Puzzanghera, Los Angeles Times
Beyond tensions over Iran and refinery problems, the recent jump in gasoline prices stems partly from an encouraging sign: The economy is improving. The demand for crude oil has risen as the recovery from the severe global recession has picked up steam in the U.S. and abroad. That, in turn, has helped fuel higher prices at the pump, economists and industry analysts said. "A lot of what drives prices is projection of future demand," said Carl A. Larry, president of Oil Outlooks and Opinions, a research and consulting firm.
NATIONAL
March 21, 2012 | By Melanie Mason and Matea Gold, Washington Bureau
Billionaire political patrons filled the coffers of the presidential "super PACs" last month, spotlighting once again the enormous influence a tiny cadre of wealthy donors is having on the 2012 race. The biggest donations came from casino magnate Sheldon Adelson and his family, who pumped an additional $5.5 million into the pro-Newt Gingrich super PAC Winning Our Future in February — 95% of the money the group raised, according to documents filed Tuesday with the Federal Election Commission.