BUSINESS
May 16, 2012 | By Roger Vincent, Los Angeles Times
A historic — and some say haunted — Los Angeles hospital that has been closed for two decades is set to be converted into apartments for low-income seniors in a $40-million makeover. Linda Vista Community Hospital is an imposing relic from the days when railroads took care of their sick and injured employees in company facilities. Originally known as Santa Fe Coast Lines Hospital, it was built for employees of the Atchison, Topeka & Santa Fe Railway in Boyle Heights, a blue-collar neighborhood east of the city's rail yards and home to many railroad workers.
WORLD
May 15, 2012 | By Mark Magnier, Los Angeles Times
TRIVANDRUM, India - R. Padmanathan Nair sits on a plastic chair in the entryway of the Heritage senior home talking about the fellow residents who treat him like family, which is helpful seeing as his own rarely visits. His wife tried to abscond with their valuables, he said, so he gave the house to a niece, who ignored him after she got the property. Now his daughter is the only one who visits the 76-year-old retired teacher here in the capital of the southern state of Kerala, and that's just a few times a year.
SPORTS
May 5, 2012 | By Gary Klein
Carson Clark seriously contemplated leaving UC Irvine after the 2011 season to begin his professional volleyball career overseas. Irvine Coach John Speraw persuaded the fifth-year senior opposite hitter to stay, selling him on the addition of French import Kevin Tillie and a chance to win a second national title. It all worked out for Clark and the Anteaters. Irvine cut down the net and collected pieces of the floor as souvenirs on Saturday after defeating USC, 25-22, 34-32, 26-24 in the NCAA championship match before a packed Galen Center.
ENTERTAINMENT
May 3, 2012 | By John Horn, Los Angeles Times
About three years ago, producer Graham Broadbent visited the offices of Peter Rice, who was then running Fox Searchlight Pictures. Stacked near Rice's DVD player were discs of the senior citizen comedies "Cocoon" and "Cocoon: The Return. " "There have to be movies for older audiences," Rice told Broadbent. "There have to be. " Broadbent replied, "I think we may have something for you. " The movie Broadbent pitched that day was "The Best Exotic Marigold Hotel,"a comedy starring Judi Dench and Bill Nighy about a fledgling retirement home in India.
BUSINESS
April 27, 2012 | By E. Scott Reckard, Los Angeles Times
Prosecutors probing insider trading in the medical devices industry are investigating a senior Goldman Sachs banker and a former employee of the notorious hedge fund Galleon Group. The investigation, according to a person briefed on the matter, is focused on the 2009 takeover of Advanced Medical Optics in Santa Ana. The U.S. attorney's office in Los Angeles has been scrutinizing the ties between Goldman managing partner Matthew Korenberg, who worked on the Advanced Medical Optics deal, and Paul Yook, a former portfolio manager at Galleon, the person said.
HEALTH
April 20, 2012 | By Lisa Zamosky, Special to the Los Angeles Times
My wife and I arrived as legal immigrants from Canada four years ago at the age of 63 to be closer to our three children. Having lived in Canada most of our lives, we never contributed to Medicare. Right now I am self-employed and have a small-business health plan through Kaiser. The premiums have escalated from $450 per month to $1,228 per month, with a very high deductible. I am afraid we may have to return to Canada, where we enjoyed free health care. I am sure that many parents who join their children in the U.S. are in the same situation and would like to know what other options are available.