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May 17, 2012 | By Rene Lynch
Skechers has agreed to pay $40 million to consumers who purchased its  rocker-bottom shoes under the mistaken belief that the shoes would help give them Kim Kardashian's booty or Joe Montana's stamina. So how do you get your piece of the payout if you purchased the shoes months, if not years ago, and don't have a receipt? No problem. This refund relies largely on the honor system. Anyone who purchased the company's line of Shape-Up shoes -- or its Resistance Runners, Tone-ups or Toners -- is entitled to a partial refund whether they have proof of purchase or not, officials said Thursday.
ARTICLES BY DATE
CALIFORNIA | LOCAL
May 16, 2013 | By Kate Linthicum, Los Angeles Times
Los Angeles voters rejected a plan to hike the city's sales tax two months ago, but the battle over that measure lives on in a hotly contested City Council race. In multiple mailers sent to voters in the 13th council district, candidate John Choi and his backers in organized labor contend that Choi's rival, Mitch O'Farrell, supported the layoffs of 500 police officers. In one mailer, a downcast O'Farrell is pictured next to a crime scene and the words: "Votes to cut 500 cops. " Choi and his backers base the claim on O'Farrell's opposition to Proposition A, the March 5 ballot measure that was promoted by city leaders and others as a way to avoid reductions in police staffing.
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NEWS
July 27, 2012 | By Paul Armentano
Those searching for answers to the question " Is medical marijuana good medicine? " will find few in Dr. David Sack's Times Op-Ed article.   On the one hand, Sack concedes, "Marijuana can effectively treat neuropathic pain, and it has been shown to improve appetite and reduce nausea," an acknowledgment substantiating the plant's therapeutic utility. However, he later warns that cannabis' ability to provide relief for certain other conditions, such as lupus and anxiety, remains unproven.
BUSINESS
May 15, 2013 | By Marc Lifsher, Los Angeles Times
SACRAMENTO - Gov. Jerry Brown is taking another stab at largely eliminating a state $700-million tax break for "enterprise zones" aimed at creating jobs in economically strapped localities. The governor failed in his efforts in 2011 to eliminate these politically popular quarter-century-old zones, located in the legislative districts of about three out of every four lawmakers. In his revised budget Tuesday, Brown proposed that 40 enterprise zones be replaced by a sales tax credit for companies that purchase manufacturing or biotech research and development equipment.
AUTOS
March 23, 2013 | By David Undercoffler, Los Angeles Times
It's all crossovers these days. From the polo grounds of Malibu to the campgrounds of Maine, nearly a fifth of all vehicles sold in the U.S. last year resided somewhere in this netherworld between a car and an SUV. So the stakes were high for Toyota's overdue redesign of the RAV4, a pioneer of the segment in the mid-1990s that had grown stale in comparison with competitors. Often resembling small sport utility vehicles, crossovers are truck-like vehicles built on front-drive car platforms.
BUSINESS
April 27, 2013 | By E. Scott Reckard, Los Angeles Times
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking - a subprime loan. The Polands paid nearly $10,000 in upfront fees for the privilege of securing a mortgage at 10.9% interest. And they had to raid their retirement account for a 35% down payment. Most borrowers would balk at such stiff terms. But with prices rising, the Polands wanted to snag a four-bedroom home in Temecula near top-rated schools for their 5-year-old son. By later this year, they figure, they'll be able to refinance into a standard loan.
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
April 11, 2013 | By E. Scott Reckard
A popular government program enabling underwater borrowers who are current on their mortgages to refinance at lower rates will be extended for two more years.  The Obama administration's Home Affordable Refinance Program had been scheduled to expire at the end of this year. HARP now will run through 2015, regulators announced Thursday . More than 2.2 million borrowers with little or no home equity have refinanced using the 4-year-old HARP, and consumer advocates and lenders welcomed the news of the extension.
AUTOS
April 9, 2013 | By Jerry Hirsch
Chrysler Group will recall more than 200,000 of its vehicles, including its Ram pickup truck,  Dodge Challengers and Chargers and Jeep Liberty and Patriots for a variety of problems. In the biggest recall, the automaker will inspect and fix about 120,000 Chrysler 300s, and Dodge Challenger and Chargers sedans from the 2011 and 2012 model years because of an airbag problem. The wrong-sized crimps were used in building the airbag wiring harness, and that can can cause the airbag warning light to illuminate.
BUSINESS
November 20, 2010 | Michael Hiltzik
In these troubled economic times, it's not hard to understand why people might want to protect their life savings by purchasing a hard asset like gold or silver. At least, that's the pitch of Monex, the big Newport Beach investment firm, which bills itself as "America's trusted name in precious metals investments" and assures clients that it's "committed to customer service. " So let's take a look at the experiences of some customers who say their trust in Monex was misplaced.
BUSINESS
May 15, 2013 | By Walter Hamilton, Los Angeles Times
About 300 labor union members and other activists staged a demonstration to protest the potential sale of the Los Angeles Times to the politically conservative Koch brothers. Demonstrators marched outside the downtown L.A. headquarters of Oaktree Capital Management, an investment firm that holds a roughly 20% stake in Tribune Co., which owns The Times. Protesters alleged that Charles and David Koch, billionaire siblings who fund conservative causes, want to buy The Times in order to skew the paper's coverage to favor anti-union objectives.
SPORTS
May 12, 2013 | By Mike DiGiovanna
CHICAGO - Mike Trout spared the Angels the indignity of being on the wrong end of a perfect game or no-hitter Sunday night, grounding a single to center field with one out in the top of the seventh inning after Chicago White Sox starter Chris Sale retired the first 19 batters. That was it as far as offensive highlights for the Angels, who were one-hit by Sale in a 3-0 loss in U.S. Cellular Field that ended their win streak at three and dropped them to 14-23 and 10 games behind Texas in the American League West.
BUSINESS
May 10, 2013 | By Kenneth R. Harney
WASHINGTON - How hot is hot when it comes to housing markets across the country right now? Crazy hot: Some houses sell within days, sometimes within hours, of listing. Then there are the growing numbers that sell even before they formally hit the market - sold through a controversial technique known as "pocket listing. " What's a pocket listing? Essentially it's a private, "off-market" listing, often of short duration. Instead of putting the house on the local Multiple Listing Service, which exposes it to a vast number of shoppers and agents via real estate websites, agents restrict access to information about the house to their own buyer clients or colleagues in the same brokerage, hoping for a quick, full-price sale.
BUSINESS
May 10, 2013 | By Tiffany Hsu
True Religion Apparel Inc., the Southern California purveyor of pricey designer denim, may have gotten too small for its britches. More than half a year after putting itself up for sale amid growth struggles and fluctuating stock, the high-end-jeans seller said its board unanimously accepted an $835-million takeover offer from investment firm TowerBrook Capital Partners. The $32-a-share deal for the Vernon label represents an 8.7% premium on Thursday's $29.44-a-share closing price and a 52% increase from the stock price Oct. 9, the day before True Religion said it would explore strategic alternatives.
CALIFORNIA | LOCAL
May 10, 2013 | By Lisa Girion, Los Angeles Times
Federal regulators said Friday that they would continue to allow sales of generic Opana, a narcotic painkiller similar to OxyContin, even though the pills are prone to abuse. Like OxyContin, Opana is an extended-release narcotic designed to offer pain relief over several hours. When extended-release pills can be crushed, they are popular among addicts who snort the powder or liquefy and inject it, releasing the full dose at once. In response to growing criticism of its widely abused OxyContin, Purdue Pharma introduced a tamper-resistant formulation in 2010.
BUSINESS
May 9, 2013 | By David Undercoffler, Los Angeles Times
Riding a wave of increased auto sales, a weakening Japanese yen and a fresh lineup of vehicles, Toyota Motor's profits more than tripled during its most recent fiscal year. The Japanese automaker said earnings for the fiscal year ended March 31 rose to $9.7 billion (962.1 billion yen) from $2.8 billion (283.5 billion yen). It was the largest annual profit in five years. Sales were $223 billion (22 trillion yen), up 18.7%. A declining value of the Japanese yen, which makes foreign transactions more profitable, is helping Toyota's fortunes.
BUSINESS
May 10, 2013 | By Kenneth R. Harney
WASHINGTON - How hot is hot when it comes to housing markets across the country right now? Crazy hot: Some houses sell within days, sometimes within hours, of listing. Then there are the growing numbers that sell even before they formally hit the market - sold through a controversial technique known as "pocket listing. " What's a pocket listing? Essentially it's a private, "off-market" listing, often of short duration. Instead of putting the house on the local Multiple Listing Service, which exposes it to a vast number of shoppers and agents via real estate websites, agents restrict access to information about the house to their own buyer clients or colleagues in the same brokerage, hoping for a quick, full-price sale.
CALIFORNIA | LOCAL
April 7, 2011 | By Alan Zarembo, Los Angeles Times
At the headquarters of Boston Medical Group in Costa Mesa, six salesmen were working the toll-free appointment line on a recent afternoon, fielding calls from men around the country enticed by newspaper and radio ads promising a "proven" solution to erectile dysfunction in "one office visit. " The results are visible "right there in the office," one sales representative told a caller. "It's amazing. " Following a script, he answered a few questions and offered to schedule a $195 consultation at one of the company's 21 U.S. clinics.
CALIFORNIA | LOCAL
May 8, 2013 | By Patrick McGreevy and Chris Megerian, Los Angeles Times
SACRAMENTO - California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes. In a letter dated Tuesday to Bruce Karsh, president of Oaktree Capital Management, the largest shareholder in Tribune Co., and chairman of its board of directors, the unions said David and Charles Koch are "anti-labor, anti-environment, anti-public education and anti-immigrant.
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