ENTERTAINMENT
May 23, 2012 | By David Ng
Tickets for "The Book of Mormon" at the Pantages Theatre in Hollywood will go on sale to the general public starting June 10, the show's producers announced Wednesday. A daily lottery for discount tickets will also be held during the show's L.A. run. Producers of "Mormon" said that tickets for the L.A. engagement will go on sale at 7 a.m. on June 10 at the Pantages box office.
CALIFORNIA | LOCAL
May 23, 2012 | By Steve Chawkins, Los Angeles Times
It's called Lot 160, a 5-inch glass tube that's unremarkable in every way - except that it purportedly held blood drawn from President Ronald Reagan as he lay struggling for life after an assassination attempt. The vial, partially coated with a ring of a residue, is being offered for sale by a British online auction house where bids Tuesday reached nearly $15,000. A label and an accompanying document identify it as having contained a blood sample taken from Reagan at George Washington University Hospital on March 30, 1981, the day he was shot outside aWashington, D.C., hotel.
BUSINESS
May 23, 2012 | By Tiffany Hsu, Los Angeles Times
Motel 6 and Studio 6, the no-frills budget hotel chains that once offered rooms for $6 a night, are being sold by French parent Accor for $1.9 billion. The new owner, an affiliate of private equity firm Blackstone Group, already owns Hilton Worldwide. Blackstone said it plans to "accelerate the expansion of the franchise base" for Motel 6 and Studio 6. Accor will use proceeds from the sale to slash its debt and grow its luxury Sofitel and Novotel hotels in Asia, Latin America and Europe.
HEALTH
May 19, 2012 | By Chris Woolston, Special to the Los Angeles Times
Until recently, very few people had ever heard of raspberry ketones, the aromatic compounds that give the berries their distinctive smell. Today, health food stores have trouble keeping the capsules or drops of the stuff on their shelves. Almost overnight, an obscure plant compound became the next big thing in weight loss - and all it took was a few words from Dr. Oz. In a February episode of "The Dr. Oz Show," Mehmet Oz told viewers that raspberry ketones were "the No. 1 miracle in a bottle to burn your fat. " Once Oz calls something a "miracle," it doesn't remain obscure for long.
BUSINESS
May 19, 2012 | By Marc Lifsher, Los Angeles Times
PATTERSON, Calif. - Amazon.com Inc.for years has fought government efforts to tax e-commerce. Now it's poised to pocket millions of dollars in sales taxes paid by California customers. As part of a pact reached last year with state lawmakers, some online retailers agreed to begin collecting sales taxes this fall. About half of the projected $316 million raised in the first full year is expected to come from merchandise sold by Amazon, which is also setting up two California fulfillment centers that will employ at least 1,000 workers each.
BUSINESS
May 18, 2012 | By Alejandro Lazo, Los Angeles Times
California's housing market showed strength in April as median prices rose and sales outperformed the same month last year. The Golden State's median home price popped 6% in April to $264,000, according to real estate information firm DataQuick of San Diego. The median is the point at which half the homes in the state sold for more and half for less. In Southern California and the Bay Area, the share of home sales that were foreclosures declined significantly, which economists see as key because sales of those homes tend to drag prices down.