BUSINESS
March 18, 2013 | David Lazarus
Wanda Ferrin fills her husband's prescription for the generic antibiotic doxycycline at a Target in Simi Valley. For years, the medication has cost her $6 a month. In February, however, the price tripled to $18 for 30 pills. And this month, it skyrocketed to $133. This is noteworthy enough. But what happened next makes the entire business of drug pricing a study in lunacy. "A pharmacy clerk at Target suggested running the prescription through the company's discount program," Ferrin, 61, recalled.
OPINION
March 17, 2013
In the three decades since the Museum of Contemporary Art opened in a temporary space downtown in 1983, it has been variously flush with money and desperate for a bailout after having squandered its endowment. It's had great directors and controversial ones, good shows and bad shows, dissension in the ranks of its board, years of high attendance and periods of anemic crowds. Although its ranking among museums internationally has been somewhat diminished by the rise of newer, more ambitious institutions and its curatorial staff is a fraction of what it once was, its permanent collection remains one of the most acclaimed in the world.
NEWS
March 12, 2013 | By Brady MacDonald, Los Angeles Times
A $12-million roller coaster at a Scandinavian theme park will take riders on an off-road trek aboard all-terrain vehicles through a Mayan jungle in search of lost treasure. Photos: Juvelen launch coaster at Djurs Sommerland The dual-launch coaster themed to look like 4x4 quads is set to debut May 4 at Djurs Sommerland in Denmark. Juvelen, Danish for jewel, will take coaster riders on a four-wheeler journey in a hunt for lost gemstones. Reaching speeds of 50 mph along 3,330 feet of track, the ATV-style coaster trains will travel through a jungle setting dotted with waterfalls, stone totems and Mayan temples.
NEWS
February 20, 2013 | By Brady MacDonald
Ride enthusiasts are already drooling over a multi-launch roller coaster coming to a Swedish amusement park that promises six inversions and a series of near-miss encounters with other rides dotting a wooded hillside terrain. Photos: Projekt Helix megacoaster at Liseberg Dubbed Projekt Helix, the $30-million coaster is set to debut in spring 2014 at the Liseberg amusement park located outside Gothenburg, about equidistant between Oslo, Norway, and Copenhagen, Denmark, along Sweden's west coast.
BUSINESS
February 5, 2013 | By Stuart Pfeifer, Los Angeles Times
Shares of Los Angeles nutritional products company Herbalife Ltd. went on a wild ride Monday, falling 12% on news of a law enforcement investigation, only to close with a gain for the day after a regulatory agency cast doubt on such a probe. At least one thing is clear about Herbalife: Its investors are extremely jittery. The New York Post reported Monday that an unidentified law enforcement agency is investigating Herbalife, which has faced intense scrutiny since billionaire hedge fund manager Bill Ackman accused it in December of operating a pyramid scheme and bet $1 billion that its shares would fall.
NATIONAL
January 12, 2013 | By John M. Glionna, Los Angeles Times
At dusk, driving north on Interstate 15 near the California-Nevada border, Loren Gill descends a graceful mountain straightaway and sees before him the twinkling lights of the Promised Land. But this isn't Las Vegas - that's still 40 miles away. Instead, Gill spies the stopover at Primm, Nev. With three casinos and sundry services, it's a roadside curiosity turned welcome mat to Nevada's casino culture. As the district manager of Affinity Gaming, which runs the three gambling establishments, it's Gill's job to make sure that a good number of the 40,000 cars, pickups, RVs and semis that pass here each day ignore the siren call of the Strip, if just for a moment.