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Recovery

BUSINESS
December 5, 2013 | By Shan Li and Andrew Khouri
California continues to be a story of two economies: coastal regions with healthy job growth and inland areas that are still struggling to recover, according to a UCLA report released Thursday. UCLA economists said in their quarterly forecast that coastal counties stretching from Marin to San Diego have enjoyed employment gains that outpaced the U.S. In contrast, inland areas such as the San Joaquin Valley and the East Bay are showing little or even negative growth. Years of economic turmoil have especially been hard on the Inland Empire, which includes Riverside and San Bernardino counties.
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WORLD
December 4, 2013 | By Tracy Wilkinson and Cecilia Sanchez
MEXICO CITY - After a frantic search across a wide section of central Mexico, authorities said Wednesday that they had found a stolen truck that was transporting a large amount of dangerous radioactive material, a substance that can be used in making dirty bombs. The truck and its contents were found in the state of Mexico, about 20 miles north of the capital, not far from where they were stolen Monday. But the metal container with the radioactive material had been opened by the thieves, who then chucked it about half a mile from where they abandoned the truck, an official with the Mexican nuclear safety commission told The Times.
BUSINESS
December 4, 2013 | By Jim Puzzanghera
WASHINGTON - The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again - and accelerating into the new year. Recent data, especially this week, have been generally positive, indicating that businesses are expanding their hiring and spending. And though consumers still appear somewhat rattled by the fiscal bickering in Washington that led to October's shutdown, the outlook for the recovery has markedly improved since mid-October.
SPORTS
November 20, 2013 | By Mike Bresnahan
Kobe Bryant is seven months into his recovery from a torn Achilles' tendon, but how did he advance so quickly from lying on a training table to being a productive player at Lakers practice? "I didn't expect him to do this much this quick," center Pau Gasol said Wednesday. "I guess I didn't have a chance to see what he's been able to do on his own. " Bryant practiced Wednesday for a second consecutive day but was not expected to play Friday against Golden State, Coach Mike D'Antoni said.
SPORTS
November 15, 2013 | By Mike Bresnahan
Kobe Bryant was in a joking mood before the Lakers played Memphis. "I'm feeling good. I'll be back playing tomorrow," he said Friday as he walked away from reporters surrounding his locker. Then he added, "I'm kidding. " Bryant hasn't spoken in-depth to reporters in more than a week, but he's not on pace for a happy Thanksgiving, at least in the basketball sense. "He hasn't got any practice yet, so it would be tough," Lakers Coach Mike D'Antoni said.
ENTERTAINMENT
November 5, 2013 | By Deborah Vankin
The saga of 1,500 art works recovered in Munich, with an estimated value of more than $1 billion and possibly stolen by Nazis in the 1930s and 1940s, made big headlines over the weekend. The German publication Focus reported that the 2011 discovey - which included masterpieces by Matisse, Picasso, Klee and Chagal - in the cluttered home of Cornelius Gurlitt, could be the largest stash of Nazi-looted art uncovered since World War II. But the recovered trove is likely just a drop in the bucket of what some call the greatest theft in history.  CRITICS' PICKS: What to watch, where to go, what to eat “I've been saying for 10 years this is the tip of the iceberg.
OPINION
November 3, 2013 | By The Times editorial board
The day after Halloween, the federal government rolled back food stamp benefits for all 47.6 million people who receive them, officially ending one of the last remaining stimulus efforts left over from President Obama's first months in office - while also making it harder for millions of Americans to get enough to eat. The callousness displayed in cutting vital safety net benefits at a time when millions lack the resources to feed their families adequately...
SPORTS
November 1, 2013 | By Mike Bresnahan
Kobe Bryant completed almost one week of in-depth conditioning but declined to provide a targeted return date. He recently said he would need three consecutive weeks of solid conditioning before playing in a game. "This week was a good start. I was able to run and run pretty well," he said Friday before the Lakers faced San Antonio. "I've been able to push pretty hard and the next day, come back, push hard again. The recovery of it has been pretty good this week.
SPORTS
October 30, 2013 | By Eric Pincus
Kobe Bryant is in the final year of his contract, but he certainly sounds like a player looking to re-sign and finish his career with the Lakers. "I was born a Laker, so I look forward to dying one," Bryant tells Kevin Frazier on Wednesday night's "Connected With .. Kobe Bryant. " In the show scheduled to air on Time Warner Cable SportsNet at 11:00 p.m., upon conclusion of the Lakers at Golden State Warriors broadcast, Bryant talks about his recovery from Achilles' tendon surgery.
BUSINESS
October 30, 2013 | By Don Lee and Jim Puzzanghera
WASHINGTON - The Federal Reserve kept intact its large-scale campaign to stimulate the economy, saying it was awaiting more evidence of sustainable progress in the recovery. Although the Fed's decision Wednesday to hold the line on its monthly $85-billion bond-buying stimulus was widely expected, the central bank's statement revived the idea on Wall Street that policymakers could still make a reduction of the bond purchases by year's end. A first cut in the Fed's stimulus program, which has helped to drive down long-term interest rates, is likely to be small and in itself not a big deal.
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