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BUSINESS
February 4, 2014 | By David Pierson
CLOVIS, CALIF. - Beneath unyielding blue skies on a recent afternoon, Ryan Indart knelt down to examine what was left of one of his sheep pastures. Land that should have been lush with native grasses this time of year has been reduced to powdery dirt, splotched with a few withered strands of filaree and foxtail. And where there's no vegetation, there are no sheep. A fourth-generation rancher, Indart has already sent 10% of his 4,000 ewes - which he normally would want to keep - to the slaughterhouse because he can't afford the hay to feed them.
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BUSINESS
February 4, 2014 | Bloomberg News
Ross William Ulbricht was indicted Tuesday on charges that he operated the billion-dollar Silk Road website where customers used Bitcoins to buy and sell drugs. The indictment for Ulbricht, 29, who authorities said was known by his Internet moniker "Dread Pirate Roberts," includes a new charge, of engaging in a "continuing criminal enterprise. " The count carries a maximum life sentence and a mandatory minimum term of 20 years, said Preet Bharara, the U.S. attorney in Manhattan. Ulbricht was also indicted on previous charges of conspiracy to commit computer hacking and conspiracy to launder money.
CALIFORNIA | LOCAL
February 3, 2014 | By Ari Bloomekatz
A Temecula man who allegedly pointed a gun at a girl who knocked on his door to sell cookies on Sunday has been arrested, authorities said. The girl, described only as a minor, was going door-to-door selling in the area around the 31000 block of Strawberry Tree Lane when she and her father approached John Dodrill's house. After the girl knocked on his door, Dodrill, 59, allegedly answered with a gun pointed at her, according to Riverside County sheriff's officials. Her father, who witnessed the alleged incident, called police and Dodrill was arrested on suspicion of assault with a deadly weapon.
BUSINESS
February 1, 2014 | By Lauren Beale
"Twilight" film series vampire Robert Pattinson found a warm body to pay $6.375 million for his Los Feliz home. Jim Parsons of "The Big Bang Theory" is the new owner. The 1922 Spanish Colonial-style house has a formal entry, a library/study, a den, three bedrooms, 3.5 bathrooms and 4,026 square feet of space in two stories. Antiqued tile and stone, hand-carved wood and stenciled ceilings maintain a vintage vibe. The 1.5-acre sloping lot, enclosed by walls, features a lagoon-style swimming pool, waterfalls and fountains.
SPORTS
January 31, 2014 | By Bill Shaikin
Two days after announcing they had suspended sales of season tickets, the Dodgers said late Friday that they would put what they called "an extremely limited" number of additional season seats on sale Saturday. If all those seats are sold, the Dodgers would surpass their record of more than 31,000 season tickets, set last year. If the supply of newly available seats is exhausted, the Dodgers plan to establish a waiting list, said David Siegel, the team's vice president of ticket sales.
CALIFORNIA | LOCAL
January 30, 2014 | By Samantha Schaefer
A Compton resident was cited for selling unpasteurized milk mixed with alcohol over the weekend, authorities said. Los Angeles County Sheriff's deputies conducted patrol checks on Jan. 21 along the 400 blocks of West Bennett and West Caldwell streets, as well as the 600 block of West Raymond Street, after numerous complaints from residents about the alleged late-night and early-morning sales, said Lt. Carmichael Octave. There were no observable violations at the time, but deputies warned residents about the illegal activity, the department said.
BUSINESS
January 30, 2014 | By Roger Vincent
A subsidiary of Lehman Bros. Holdings Inc. has sold the Serrano Apartment Homes in West Covina to BAG Investments of Bevelry Hills for $29.4 million. Built in 1959, the Serrano has nine two-story garden-style buildings housing 195 two-bedroom, one-bath units.  The complex, which is on a nine-acre site at 1513 W. San Bernardino Road, also includes two pools, basketball courts, a picnic area and laundry facility. QUIZ: Test your knowledge of mortgages Lehman acquired the property in September 2012 through foreclosure proceedings, according to Andrew Kirsh, an attorney who helped represent Lehman in the transaction.
BUSINESS
January 29, 2014 | By Jessica Guynn, Andrea Chang and Chris O'Brien
SAN FRANCISCO - Google's deal to sell its Motorola Mobility unit to Lenovo for $2.9 billion delivered a double-barreled shocker to the tech industry as the sale promised to scramble the playing field for mobile devices. The transaction marks an abrupt U-turn for Google, which bought the troubled smartphone maker less than two years ago for $12.5 billion. Beijing-based Lenovo, by moving deeper into mobile markets, demonstrated that it has ambitions far beyond becoming the world's largest PC maker.
BUSINESS
January 27, 2014 | By Chris O'Brien
Apple Inc.'s experiment with rolling out two new iPhones at the same time backfired as weak demand for the cheaper version with a plastic case led the company to sell fewer smartphones than expected during the holiday quarter. Although Apple on Monday reported record revenue for its first quarter, which ended in December, the 51 million iPhones it sold fell short of the 55 million units that Wall Street analysts had expected. Those soft sales coupled with a surprisingly weaker outlook for the current quarter sent the company's stock tumbling more than 8% in after-hours trading.
WORLD
January 27, 2014 | By David S. Cloud
WASHINGTON - Iraq's embattled government will be allowed to buy and lease Apache attack helicopters to help fight a renewed insurgency after a U.S. lawmaker lifted his long-running objections to the deal, the Pentagon said Monday. The agreement allows Iraq to lease as many as six Apaches this year and purchase another two dozen for delivery over the next three years, officials said. Iraq's military hopes to use the aircraft against militants from the Al Qaeda-linked group Islamic State of Iraq and Syria, who have overrun parts of Iraq's Anbar province, including the capital, Ramadi, and the city of Fallouja.
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