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Pyramids

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NEWS
April 22, 1991 | BEVERLY BEYETTE, TIMES STAFF WRITER
When real estate agent Earl Gervais advertises an open house at 751 Oak Crest Drive in Sierra Madre, he isn't kidding. His listing is a glass pyramid perched in the foothills, with a view all the way to downtown L.A. It is a famous--or, some would argue, an infamous--landmark known to the local gentry simply as "the glass house." While there hasn't been an acceptable offer, luring lookie-loos has not been a problem.
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BUSINESS
March 12, 2014 | By Walter Hamilton
The rancorous battle over Herbalife's business practices took a critical turn as the company revealed that it is being investigated by the Federal Trade Commission. Herbalife did not reveal details of the probe, but the Los Angeles nutritional products maker reiterated its long-held position that its business model is sound. The company has been the target of accusations that it operates a pyramid scheme. "Herbalife welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC," the company said in a statement.
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NEWS
June 7, 2013 | By Mary Forgione, Los Angeles Times Daily Deal and Travel Blogger
Egypt continues to dispute a recent safety message from the U.S. Embassy in Cairo that contends that aggressive vendors are frightening American tourists at the pyramids in Giza. The Egyptian government on Thursday issued a short statement that said 470 tourists from several nations visited the pyramids on Wednesday without incident. It also quoted Americans (without providing any names) as saying their experience "does not reflect the report released by the American Embassy in Cairo . " The embassy on May 31 released a security message about an increasing number of incidents at the iconic pyramids by "over-aggressive vendors" whose behavior "in some cases is closer to criminal conduct.
ENTERTAINMENT
January 31, 2014 | By Allen Barra
In July 2009, a year before his death at age 99, John Wooden was named by the Sporting News as the top coach in the history of American sports. Not many argued with the selection. Over his 29-year career he won 664 of 826 games for a winning percentage of .804. From 1964 through 1975 his UCLA Bruins won 10 NCAA championships, and UCLA's games drew higher TV ratings than most NBA games. Surprising as it seems, Wooden, arguably the most influential coach in basketball history, has never had a definitive biography until now. In "Wooden: A Coach's Life," Seth Davis, a senior writer at Sports Illustrated and studio analyst for CBS Sports, has written a virtual cutaway view of the history and evolution of basketball in the form of a biography.
NEWS
May 21, 1989 | From Associated Press
The Great Pyramid of Cheops, the most famous of ancient Egypt's royal tombs, was declared safe for tourists and reopened Saturday for the first time in nine months. A Dutch woman and an American student were the first of the scores of tourists who waited under the hot Egyptian sun to tour the pyramid. Since August, workers had been sealing cracks, reinforcing limestone slabs for safety and clearing vermin from the inside of the structure, which now boasts television monitors.
NEWS
March 6, 1991
Egypt announced the REOPENING OF THE PYRAMIDS and all antiquity sites and museums. The government had ordered the tourist venues closed during the Gulf War for fear of terrorist attacks. The government-run Middle East News Agency said the loss from the closures was about $28 million. Egypt, which was part of the coalition against Iraq, heightened all security for fear of retaliation.
ENTERTAINMENT
July 19, 1997
Nicolai Ouroussoff must never have seen the Louvre before I.M. Pei's pyramids were built in the courtyard ("Pei Could Cure Medical Facility," June 11). Apart from the tremendous controversy these evoked, the pyramid entrance has been a practical fiasco. Those of us who knew and used the four former entrances were horrified to see the many long lines snaking to the pyramid. Pei created congestion beyond belief and a dismal experience in the rain. Fortunately, two larger entrances have been provided subsequently, one from the Metro Line 1 station and the other from street level on the Rue de Rivoli.
SCIENCE
April 22, 2006 | From Times Staff and Wire Reports
Researchers have unearthed geometrically cut stone slabs in Bosnia that they said could form part of the sloping surface of what they believe is an ancient pyramid beneath a huge hill. Archeologists and other experts began digging at the central Bosnian town of Visoko last week to explore the theory that the 2,120-foot hill covers a step pyramid, which would be the first found in Europe.
NEWS
May 31, 1993 | From Associated Press
Beer in the morning, beer in the afternoon, beer at night. A little wine thrown in for good measure. And after a hard day of cutting stones for the Pharaoh, time and energy left for hanky-panky. Life wasn't all work and no play for the workers who built the pyramids of Giza Plateau. "History is life," said Egyptologist Zahi Hawass, in charge of an ancient cemetery yielding volumes of information about the life and times of the pyramid work force.
NEWS
September 15, 1988 | MICHAEL ROSS, Times Staff Writer
"I am not afraid," boasted Sami. "I go where I please, and no one can stop me." With that, the young rider kicked his camel hard in the flanks and galloped off toward the forbidden zone, disappearing in a cloud of dust. The older men remained behind, shaking their heads in amusement at the folly of youth. But they were also bitter. "It is not nice what they do. Not nice," said Fuad Abdel Ati Fayed, speaking for the others. "This is a tourist place.
CALIFORNIA | LOCAL
January 16, 2014 | By Ari Bloomekatz
A brush fire near Pyramid Lake was contained Thursday before resources from the much larger Colby fire burning above Glendora had to be used, authorities said. The Pyramid Lake fire, reported at about 11:06 a.m., was burning near the intersection of the northbound 5 Freeway and Highway 138,  Los Angeles County Fire Inspector Tony Akins said. After callers reported smoke in the area, crews soon discovered a trailer that was well-involved in fire that had spread to neighboring brush, but that had only burned less than a half-acre, officials said.
SPORTS
December 19, 2013
Steve Alford opened his first news conference as UCLA basketball coach by saying taking the job was easy. "It goes back to four letters, U-C-L-A," Alford said. "I think if it is anywhere else, this is not a decision that would have been made. " Yet, what those four letters mean is open for interpretation as the NCAA championship banners in the Pauley Pavilion rafters continue to fade with age. UCLA was once prime real estate in the college basketball world. The Bruins have 11 national titles, 10 won by Coach John Wooden between 1964 and 1975.
BUSINESS
December 18, 2013 | By Stuart Pfeifer
A year ago, activist investor Bill Ackman rocked Wall Street with a $1-billion bet that shares of Herbalife Ltd., the Los Angeles seller of weight-loss and nutrition products, would slide to zero. Herbalife was a "pyramid scheme," bound to be undone by regulators and destroyed, he told the Los Angeles Times and other media outlets Dec. 19. Herbalife shares plummeted 42% in the next five days, hitting a midday low of $24.24 on Christmas Eve. At the time, it seemed that 2013 would be difficult for Herbalife.
BUSINESS
December 3, 2013 | By Stuart Pfeifer
Herbalife Ltd. said a Belgian appeals court has overturned a lower court finding that the company operated an unlawful pyramid scheme. Critics of the Los Angeles nutritional products company had said the 2011 ruling in Belgium was evidence that the company improperly rewards its independent sales people for recruiting others into the business. Herbalife said in a statement that a Belgian appeals court ruled that the company's sales model "is in full compliance with the law. " PHOTOS: Top 10 Southern California companies "Herbalife always believed that the first judgment contained factual errors and was based on misinterpretations of its direct-selling sales method, and was confident that the original judgment would be overturned on appeal," Herbalife said in a statement Tuesday.
WORLD
August 27, 2013 | By Amro Hassan
SHARM EL SHEIK, Egypt -- The deadly protests and political turbulence that have swept Egypt in recent months are keeping Western tourists away from the resorts, beaches and famous scuba diving waters across the southern Sinai Peninsula. "This summer is by far the worst I have seen,” said Mohamed Ismail Abdullah, who has worked as a tour guide here for 14 years. “Hotel occupancy at this time of the year usually ranges between 70% to 80%. Now we have no more than 50%, and that's only because of the Eid holidays [this month]
NEWS
June 7, 2013 | By Mary Forgione, Los Angeles Times Daily Deal and Travel Blogger
Egypt continues to dispute a recent safety message from the U.S. Embassy in Cairo that contends that aggressive vendors are frightening American tourists at the pyramids in Giza. The Egyptian government on Thursday issued a short statement that said 470 tourists from several nations visited the pyramids on Wednesday without incident. It also quoted Americans (without providing any names) as saying their experience "does not reflect the report released by the American Embassy in Cairo . " The embassy on May 31 released a security message about an increasing number of incidents at the iconic pyramids by "over-aggressive vendors" whose behavior "in some cases is closer to criminal conduct.
CALIFORNIA | LOCAL
November 16, 2000
A British astronomer may have figured out how the ancient Egyptians were able to align the pyramids in a north-south direction, and she has devised a way to date their construction. There was no north polar star when the pyramids were built, about 4,500 years ago, to guide their construction. Kate Spence of the University of Cambridge proposes in today's Nature that Egyptian surveyors used two stars: beta-Ursae Minoris in the Little Dipper and epsilon-Ursae Majoris in the Big Dipper.
TRAVEL
May 21, 1989 | LYDIA CLARKE HESTON, Lydia Clarke Heston, a free-lance writer and photographer, lives in Beverly Hills with her husband, actor Charlton Heston .
Driving west from Cairo we began to feel uneasy. Surely there must be some mistake. The congested, blaring, ugly thoroughfare couldn't be our familiar route to the Pyramids, which, since 1954, we had taken dozens of times. That quiet two-lane road, bordered by luscious fields and graceful eucalyptus, was nowhere to be seen. "Abdullah," I said to our driver, "we wanted the regular road to Giza. Could you find the old route from here?" "Madam," he replied, with all the resignation of the East, "This is the old route.
BUSINESS
May 7, 2013 | By Stuart Pfeifer, Los Angeles Times
Herbalife Ltd. shares gained 4% and traded part of Monday above the price they were when hedge fund manager Bill Ackman first accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price plummeted Dec. 19 after Ackman publicly disclosed that he had taken a $1-billion short position against its shares. In the four trading days after Ackman's announcement, the stock fell 43%, reaching an intra-day low of $24.24 on Christmas Eve. Taking a short position involves borrowing shares at a high price and selling them, expecting to repurchase them later when the price falls and thus profit from the decline in stock prices.
BUSINESS
May 3, 2013 | By Stuart Pfeifer, Los Angeles Times
Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products company estimates it will spend $25 million to $40 million this year on legal and advisory fees to defend itself against Ackman's allegations that the company runs a pyramid scheme in which most of its independent salespeople lose money.
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