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April 19, 2012 | By W.J. Hennigan, Los Angeles Times
The radar-evading F-35 fighter jet, a nearly $400-billion weapons program under development for more than a decade, is facing its worst turbulence since Washington decided to buy it in 2001 - when it was billed as the most affordable, lethal and survivable military aircraft ever built for the U.S. and its allies. At a time when federal spending is under a microscope, the plan to develop and build 2,443 airplanes is hundreds of billions of dollars over budget. The F-35, known as the Joint Strike Fighter, has been delayed by glitches in its onboard computer systems, cracks in structural components and troubles with its electrical system.
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SPORTS
March 28, 2012 | By David Wharton
People who study the business of sports are, at the very least, mildly surprised by the price the Dodgers fetched on the auction block. The experts had predicted something in the range of $1.3 billion to $1.6 billion. They were taken aback to read the headlines Wednesday morning announcing that a group led by Magic Johnson had paid $2 billion. "It's a lot more than I expected," said Andrew Zimbalist, a Smith College economics professor and author of "Baseball and Billions.
SPORTS
March 14, 2012 | By Broderick Turner
For as much as the Clippers have played inconsistent basketball over the last 1 1/2 months, for as much as they have struggled on the road and at home, they still had not lost three consecutive games all season. That still is something the Clippers can hang on to after a 96-82 victory over the Atlanta Hawks on Wednesday night at Staples Center. The Clippers had lost four of their last five and the first two of a six-game homestand, leading to concern about how they would break free of the doldrums.
NEWS
March 13, 2012 | By John Hoeffel
Responding to a question Tuesday about whether a Newt Gingrich-Rick Santorum ticket was possible, Gingrich offered a vague, but tantalizing answer: "I wouldn't be surprised, once we're through the primaries if it still looks like it does now, to see the conservatives come together. " But the former House speaker, interviewed in the radio studio of "The Rick & Bubba Show," said he thought he would campaign up until the Republicans nominate a presidential candidate. He predicted Mitt Romney would fall short of the delegates needed to win outright and said the convention could be the most exciting since 1940, when no nominee had it locked up. "There's a certain advantage, I think right now, in having both of us tag-team Romney because neither one of us by ourselves can raise the money to match Romney," he said.
SPORTS
March 1, 2012 | Wire reports
The Philadelphia Eagles on Thursday put the franchise tag on wide receiver DeSean Jackson . Jackson, a 2008 second-round pick from California and Long Beach Poly, who led Philadelphia with 961 yards receiving last season, was scheduled to become a free agent on March 13. "We want DeSean to be an Eagle for the long haul, and this is a step in the right direction to accomplish that," General Manager Howie Roseman said. "DeSean is a talented player and a proven playmaker in this league, and we look forward to him continuing his career in Philadelphia.
SPORTS
February 15, 2012 | By Sam Farmer
This isn't football, it's an unseemly game of tennis. First, the ball's in the court of the Indianapolis Colts. Then, it's in Peyton Manning's court. Colts. Peyton. Colts. Peyton. Every swing chips at their once indivisible bond and at all the memories they built. Manning, the NFL's only four-time most valuable player, has made it plain he wants to continue his football career, and his doctor has cleared him to do so. Grateful as they are for what he has done - and no athlete has done more for his franchise - the Colts are focused on their next chapter, the one that begins with them making Stanford quarterback Andrew Luck the first pick in April's draft.
CALIFORNIA | LOCAL
January 30, 2012 | George Skelton, Capitol Journal
Without picking a side in the entertaining Republican presidential contest, let us stipulate that Mitt Romney was smack on target when he called Newt Gingrich an influence peddler. A lobbyist? No, not in a legal sense. But did he lobby? Yes, in the common usage of the word. An influence peddler? That pretty much covers it. Many Sacramento lobbyists and their cousin "consultants" got a chuckle out of the fiery Romney-Gingrich exchange in the Jan. 23 Florida debate. There was Romney, pulling out the old pejorative "lobbyist," and the former House speaker resisting it as if he were being called a con man or a pimp.
CALIFORNIA | LOCAL
January 11, 2012 | By David Zahniser and Jessica Garrison, Los Angeles Times
Los Angeles officials got their first sobering look Tuesday at the costs of dismantling a multibillion-dollar economic development apparatus that they and cities across California have relied on to revitalize neighborhoods for more than half a century. A law eliminating redevelopment agencies statewide could leave the cash-strapped city with more than $109 million in new expenses should the City Council retain the employees and finish the work of its Community Redevelopment Agency, high-level analysts warned.
BUSINESS
January 4, 2012 | By Tiffany Hsu, Los Angeles Times
Tata Motors in India now holds the honor of making the world's cheapest car, but it may soon face competition from a manufacturer in its own country. Motorbike manufacturer Bajaj Auto Ltd. is coming out with a compact vehicle, the RE60 hatchback. Although the company didn't specify a price when it unveiled the vehicle Tuesday, chances are that it'll be cheap. Bajaj even insisted that the RE60, which probably will be used most often in urban locales, be called a "four-wheeler" instead of a car. The vehicle will feature a 200-cc rear-mounted gasoline engine and will be able to reach about 43 miles per hour, according to the Times of India.
BUSINESS
November 23, 2011 | By Tiffany Hsu, Los Angeles Times
By long-standing tradition, the centerpiece of Thanksgiving dinner has been purchased rock-hard, frozen and cheap. That's starting to change. Turkeys are going Godiva. The same passion for eating that brought us gourmet food trucks and swelled ratings for TV cooking shows has boosted demand for top-drawer turkeys with fancy names and even fancier price tags — up to $150 for a prized Bourbon Red heritage variety. "People want a bird that has a name, a provenance, a pedigree — a bird you can brag about," said Kathy Gori, a 60-year-old screenwriter who splits her time between Sonoma and Santa Monica.
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