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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.
ARTICLES BY DATE
CALIFORNIA | LOCAL
May 24, 2012 | By Paul Pringle and Rong-Gong Lin II, Los Angeles Times
Last month, four of the Los Angeles Memorial Sports Arena's bosses decided to catch the Boss, so they used their government position to claim a luxury suite for Bruce Springsteen's sold-out stand there. The taxpayer-owned venue is in financial ruins, but the officials took their customary perks, enjoying Springsteen's blue-collar brand of rock 'n' roll from digs that included a private entry, spacious bathroom, kitchenette, lounge area and television screen. The 19 elevated seats, boxed off from the crowd, offered dead-on views of the stage for the officeholders and their guests.
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CALIFORNIA | LOCAL
May 19, 2012 | By Harriet Ryan and Amy Kaufman, Los Angeles Times
It was billed as a "shocking tell-all" and a "world exclusive," but the National Enquirer's March 26 cover story landed with a thud. TMZ, Page Six and other major players in celebrity gossip ignored the article in which a masseur claimed John Travolta offered money for sex. FOR THE RECORD: An earlier version of this article used the term "masseuse"; it should have said "masseur. " Five weeks after the issue left the checkout aisle, a DUI attorney from Pasadena put the anonymous masseur's tawdry tale in a lawsuit and it became an overnight pop culture sensation, topping Google News, trending on Twitter and meriting a segment on "Good Morning America.
BUSINESS
May 24, 2012 | By Hugo Martín, Los Angeles Times
High-end outdoor clothier and gear maker Patagonia Inc. is out to prove that a company can generate strong sales while being nearly fanatical about environmental concerns. The Ventura company was the first major clothier to make fleece jackets out of recycled bottles. Nearly a third of the power for its headquarters and adjoining child-care center comes from solar. And it donates 1% of its sales to environmental causes. With Patagonia being a privately held company, its finances are not public, but it says it's riding a growth curve.
NATIONAL
December 16, 2007 | Bob Drogin, Times Staff Writer
washington -- Mitt Romney twice emphasized his unique business background when he and eight other Republican presidential candidates faced off in a debate last week in Iowa. "I've spent the last, as I've told you, 25 years in the private sector," former Massachusetts Gov. Romney declared at one point. "I understand why jobs come and why jobs go. I've done business in 20 countries."
BUSINESS
October 30, 2011 | Ken Bensinger, Los Angeles Times
First of three parts Tiffany Lee wanted a car. She was weary of the two-hour bus ride to her job at a UCLA Health System clinic. She hated having to ask friends to drive her 7-year-old son to his asthma treatments. But as a single mother with three children, bad credit and a $27,000-a-year salary, she couldn't find a bank or dealership willing to give her a loan. Then a friend steered her to Repossess Auto Sales in Hawthorne. Another buyer might have balked at the deal she was offered.
BUSINESS
July 15, 2011 | By Lauren Beale, Los Angeles Times
The biggest home in Los Angeles County is ready for a new nickname: The 56,500-square-foot Manor, dubbed Candyland after owner Candy Spelling, has been sold to another wealthy socialite, British heiress Petra Ecclestone, in an all-cash deal for $85 million. As steep as that price is, it's not a record or even close to what Spelling was asking. The priciest Southland home transaction was the 2000 sale of an 8-acre estate in Bel-Air to financial executive Gary Winnick in a deal that included the trade of other land, for a total value of about $94 million.
BUSINESS
August 7, 2011 | By Kenneth R. Harney
If you give millions of seriously underwater homeowners a new equity position in their properties by reducing their principal mortgage debt, will they keep paying on their loans and avoid foreclosure? Call it a pipe dream or a significant model for other lenders and investors, but one company says it has found an important combination: Modify underwater borrowers' loans so that their payments are reduced to a manageable amount and cut their principal debt over time, but make the deal dependent on their scrupulous on-time monthly payments of the new amount plus sharing of a portion of any future profit they make on the house sale.
SPORTS
May 16, 2012 | By Lance Pugmire, Los Angeles Times
J. Paul Reddam might not be the type of businessman for whom people suffering through the recession can bring themselves to root. Reddam, 56, is president of Anaheim-based CashCall, the mortgage refinancing and high-interest personal loan company who critics say has unfairly capitalized upon people's financial woes during the country's economic and employment crisis. But the Sunset Beach resident is also owner of Kentucky Derby winner I'll Have Another, who could provide horse racing with a huge shot in the arm Saturday with a victory in the Preakness Stakes at Pimlico.
BUSINESS
July 12, 2011 | Shan Li
Want to fool merchants with a fake ID? Hack someone's text messages? Or how about tracking where your co-workers are, without their knowing it? There's an app for that. The explosion in smartphone and tablet applications that enable people to check the weather, follow their stocks and play Words With Friends has a dark side: apps that facilitate questionable if not outright illegal behavior. Apple's App Store, for example, offers Drivers License software that promises "unlimited access to realistic-looking licenses" for all 50 states.
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.
HOME & GARDEN
May 3, 2007 | Anne Colby, Times Staff Writer
IF it's been a year or two since you've shopped for a mattress, you're in for some surprises. That memory foam bed that once seemed so novel? It's now decidedly mainstream. Latex is the hot material of choice. And that's not all that's changed. Choices are multiplying -- especially on the luxury end -- and prices are too.
HEALTH
January 16, 2012 | By Lisa Zamosky, Special to the Los Angeles Times
Lipitor is the most prescribed name-brand drug in America - nearly 3.5 million people take it every day to control their cholesterol. Since the statin entered the market in 1997, it's earned New York-based pharmaceutical giant Pfizer Inc. $81 billion, making it the best-selling prescription drug of all time, according to IMS Health, a Danbury, Conn.-based healthcare information company. So when Lipitor's patent protection came to an end Nov. 30 and a generic alternative became available, an awful lot of patients had a decision to make: Should they stick with the drug they knew or switch to something less expensive?
BUSINESS
May 17, 2012 | By Alejandro Lazo, Los Angeles Times
Southern California's housing market showed signs of turning the corner in April as foreclosures made up the smallest share of sales in four years and the region's median home price increased for the first time since late 2010. Among other evidence of improvement, foreclosures dropped significantly in California and other Western states last month, a continuation of a trend that began last fall, according to data firm ForeclosureRadar. A separate report by the nation's mortgage bankers released Wednesday showed that national delinquencies and foreclosures hit a four-year low, driven largely by declines in states in the West.
NEWS
May 17, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger, This post has been updated, as indicated below.
With Coachella 2012 barely in the books, get ready for an early shot at buying tickets and hotel packages for Coachella 2013 . Even though there's no lineup announced yet, advance ticket sales start at 10 a.m. PDT Thursday (today) and continue through 10 p.m. PDT May 24 for what's officially known as the Coachella Valley Music & Arts Festival. Next year's music fest again will take place over two weekends: April 12-14 and April 19-21. [Updated, 8:30 a.m. May 18: General admission and VIP advance purchase tickets for both weekends sold out quickly Thursday.
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