December 15, 2013 |
Tesla Motors plans to unveil an electric car in early 2015 that could sell in the $40,000 range, a mainstream offering that could be key to the automaker's future growth. Tesla's only current offering is the Model S, a premium sport sedan that starts at $71,070 before any state or federal tax incentives, and can cost far more with options. In late 2014, the Palo Alto automaker plans to release a long-awaited Model X sport-utility, likely to sell in the same price range. The third, lower-priced model could make its official debut at the 2015 North American International Auto Show in Detroit, Tesla confirmed Friday.
March 14, 1988 |
In the late 1950s, Jimmy Swaggart was roaming around the back roads of Louisiana in a broken-down Chevrolet, earning about $40 a week from his preaching and gospel singing. He has come a long way since then. The controversial evangelist now heads a tax-exempt enterprise that ranks, by almost any measure, as one of the most successful of its kind. Jimmy Swaggart World Ministries and its Bible college boasted revenues of $150 million in 1987--more than $500,000 each working day.
January 12, 1996 |
Pop diva Janet Jackson is expected to sign a four-album contract today with Virgin Records worth an estimated $80 million--an unprecedented fee that analysts say could set the stage for another round of music industry mega-deals. The pact is the biggest ever awarded, surpassing the $60-million mark shared by such superstars as Michael Jackson and Madonna, whose six-album deals included film and joint-venture record label components.
December 11, 1988 |
Elias Lopez never had a chance. He got sucked into something so much stronger than he was, something with a history so powerful, that there seemed no choice but to submit. He was 17, a nice, quietly handsome young man with jet-black hair and a plan. He was going to be a cop, a narcotics investigator. Sure, there were street gangs in his neighborhood, but he did not want to join one. All Elias wanted to do was look like a gang member.
July 23, 1989 |
REMEMBERING HER DAYS AS A young girl--"No one would have accused me of being a happy child"--Leslie Abramson has an enduring memory of her favorite means of escape. After school, at the corner luncheonette, she'd buy button candies and chocolate marshmallow twists (two for a nickel) and spend hours at the comic-book racks, reading. Mad magazine was good for a giggle. But it was the spooky stuff, the horror comics like "Tales From the Crypt," that she really loved. And hated, too.
April 30, 1989 |
The war was still raging that day 15 years ago when Vietnamese nuns heard the cries of a baby boy stuffed in a garbage can and took him inside their orphanage to raise. Today, Nguyen Thanh Binh, the son of a black American who went home and a Vietnamese mother who abandoned him, shares the plight of thousands of Amerasian youths languishing in the decay of Vietnam, desperately trying to get out and find their fathers. "My circumstances are miserable," says Lam Anh Hong, 18, whose mother gave her away to a relative.
June 3, 1990 |
EVERYBODY IN LA JOLLA knew the Brodericks. Daniel T. Broderick III and his wife, Betty, seemed to have a classic society-page marriage. Dan was a celebrity in local legal circles. Armed with degrees from both Harvard Law School and Cornell School of Medicine, the prominent malpractice attorney was aggressive, persuasive and cunning--a $1-million-a-year lawyer at the top of his game.
CALIFORNIA | LOCAL
December 7, 1993 |
A jury Monday ordered Zsa Zsa Gabor and her husband to pay Elke Sommer $2 million for allegedly telling German publications that Sommer is a financially strapped Hollywood has-been. The Santa Monica Superior Court panel awarded Sommer $800,000 in general damages for statements attributed to Gabor and $1.2 million in general damages for statements linked to Frederick von Anhalt. The jury was scheduled to resume deliberations today to decide punitive damages.
CALIFORNIA | LOCAL
January 1, 1988 |
So you want to grouse about paying almost a quarter for a postage stamp? Consider this: Newport Beach lawyer Michael T. Walsh paid $75,000 for one Thursday. And the picture on it isn't even right side up. The stamp was issued by the Iranian government in 1950 and still is glued to an envelope. It is, according to a stamp broker, the most expensive Iranian stamp ever sold, and it is thought to be one of only two of its kind still in existence.
July 19, 1992 |
We live in a contradictory age, when city slickers pay a fortune to become weekend buckaroos herding cattle in the Wyoming outback, yet disdain red meat at the dinner table in favor of some pale bottom-trash fish with a sprig of parsley in its mouth. I'm sorry, Hopalong, but this won't do. If you seek the authentic western experience you had better be prepared to sink your canines into a serious chunk of bovine.