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April 10, 2014 | By Hector Tobar
Sony Pictures is close to a deal with bestselling author Michael Lewis to bring his latest book, a Wall Street drama and detective story, to the silver screen. “Flash Boys: A Wall Street Revolt,” recounts how a group of misfit stock brokers and techies worked to expose, and then fight back, against the tactics of high-frequency traders, or HFTs. The HFTs were able to exploit computer technology and millisecond advantages to make huge profits at the expense of regular investors.
April 6, 2014 | By Adolfo Flores
Cutting through a Wilshire Boulevard intersection on his silver Razor scooter, relatively alone for a brief moment, George Smith felt weird. It was quiet, there were no cars around him and the crowds had yet to gather for CicLAvia. "It just felt wrong to be in the middle lane," the 32-year-old said. "It's like the zombie apocalypse in L.A. but on bikes. " Smith and his girlfriend, Ally Rogers, 33, had taken the subway from their home in Rialto to downtown L.A. for their first CicLAvia bike festival.
April 6, 2014 | By Carlos Lozano
Several sheriff's deputies were injured and about 100 people were arrested Saturday night when a spring-break party in Isla Vista in Santa Barbara County turned violent, authorities said. About 15,000 people attended Deltopia, a party near UC Santa Barbara, when a disturbance broke out about 9:30 p.m. in the 6700 block of Del Playa Drive, according to a statement from the Santa Barbara County Sheriff's Department. The incident began when a UCSB police officer was struck in the head with a backpack containing bottles of alcohol, according to the statement.
April 5, 2014 | By Melissa Magsaysay
The combination of sandals and socks has long been seen as a major footwear faux pas. And, as recently as last year when British department store Debenhams polled 1,500 customers on what they felt was the most egregious of all fashion offenses, sandals with socks ranked No. 1 - beating out platform shoes for men and scrunchies. But proving that fashion is often wildly unpredictable, wearing sandals with socks is no longer a fashion misstep. This season, it's suddenly a trend embraced by celebrities and fashion industry insiders who are pairing their Birkenstocks, clogs and even open-toed high-heel sandals with ankle-length socks.
April 4, 2014 | By Jessica Wohl
CHICAGO — Investors filled up on shares of GrubHub in the company's first day of trading. GrubHub shares rose as high as $40.80 on Friday and ended up 31%, at $34. The Chicago company's gains came even as the overall stock market fell, with the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite all posting declines. At $34 a share, the online food ordering service is worth about $2.67 billion, or roughly half as much as Groupon Inc., the Chicago daily deals company.
March 26, 2014 | By Michael Muskal
More than 150 firefighters responded to a nine-alarm blaze on Boston's Beacon Street that left at least five firefighters hurt, officials said at a televised news conference Wednesday. In a briefing for reporters at the scene, Boston fire officials said the blaze broke out in the basement of a four-story brownstone and engulfed the entire structure. The fire went to nine alarms, the city's highest designation. No residents have been injured, fire officials said. Three firefighters have been hospitalized, one in serious condition.
March 25, 2014 | By Stuart Pfeifer
Stocks were mixed Tuesday morning despite a better-than-expected consumer confidence report and some positive earnings news. At 9:35 a.m. PDT, the broad S&P 500 index was ahead 0.1%, the Dow was up 0.3% and the Nasdaq was down 0.2%. The early winners included McCormick & Co., the spice and seasoning company, which was up nearly 6% after the company reported earnings that beat analysts' estimates. Walgreen Co. was up 3% after the drug-store chain announced plans to close 76 stores, while fast-food chain Sonic jumped 9% after posting better-than-expected profit.
March 25, 2014 | By Matt Stevens
Spencer Davis was chatting up tourists on the Venice boardwalk when police officers pulled up in front of his display of plastic alien heads. Had Davis seen a man threatening people with a chain saw, they asked? "Not today," he quipped with a smile, assuming that the officers were joking. Then he turned around and saw police officers, their guns drawn, with a man holding a chain saw. "Just when you think you've seen it all…" Davis said. For all the gentrification, designer homes and tourist attractions, Venice is still that kind of place - where artists, the homeless, Silicon Beach hipsters, surfers, inline skaters and tourists come together along a circus-like boardwalk.
March 22, 2014
Re "Higher levy could pay for roads," March 19 No one likes to pay taxes. But the reality is that taxes are a government's primary source of revenue to pay for much-needed services. It is foolish to think that L.A. shouldn't raise its sales tax to repair roads until it cuts salaries and benefits for city workers. The repair and maintenance of sidewalks and streets is a duty of the city, which is required to pay any judgments rendered for a breach of that duty - like slip-and-fall injuries caused by buckled sidewalks.
March 22, 2014 | By Steven Zeitchik
In his new rapid-fire spelling-bee comedy, "Bad Words," Jason Bateman opens his mouth in more ways than one. When a young Indian boy is talking too much, his 40-year-old spelling-bee contestant, Guy Trilby, tells the boy to "point his curry hole" in another direction. When a chubby kids calls him a weirdo, he fires back, "Your chair called me for help. " Some of his vicious quips are funny; others less so. But the pleasures in "Bad Words" aren't the jokes themselves. It's the idea of the jokes - or, more specifically, the idea that someone can make jokes that others won't.
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