BUSINESS
February 1, 2012 | By Jim Puzzanghera, Los Angeles Times
Distancing himself from Republicans on housing issues, President Obama pitched a $5-billion to $10-billion plan to help a key segment of struggling homeowners — those still making monthly payments, but on underwater mortgages. Obama proposed Wednesday to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. He argued that those homeowners — and the country — couldn't afford to let the housing market bottom out, as many Republicans, including presidential candidate Mitt Romney, have advocated.
BUSINESS
May 17, 2012 | Jessica Guynn
The wait for tables is getting longer at Buck's, a popular breakfast spot for the tech elite and a weather vane for the Silicon Valley economy. Here, like everywhere else, Facebook is the talk of the town. "Charles Schwab was in the restaurant the other day, and I asked him to hook me up with some Facebook shares," said Jamis MacNiven, owner of Buck's, in the wealthy suburban enclave of Woodside. "He told me even he can't get Facebook shares. " The new tech boom officially gets underway Friday when Facebook Chief Executive Mark Zuckerberg rings Nasdaq's opening bell remotely from the company's Menlo Park, Calif., headquarters, launching the largest initial public offering of stock in Silicon Valley history.
SCIENCE
May 22, 2012 | By Rosie Mestel, Los Angeles Times
The PSA test should be abandoned as a prostate cancer screening tool, a government advisory panel has concluded after determining that the side effects from needless biopsies and treatments hurt many more men than are potentially helped by early detection of cancers. At best, one life will be saved for every 1,000 men screened over a 10-year period, according to the U.S. Preventive Services Task Force. But 100 to 120 men will have suspicious results when there is no cancer, triggering biopsies that can carry complications such as pain, fever, bleeding, infection and hospitalization.
BUSINESS
January 17, 2011 | By Gregory Karp
If you think Bluetooth is a rare dental condition and an app is what you eat before the entree, you might not be a candidate for today's high-tech, whiz-bang smart phones. Instead, you might be happier with a mobile phone geared toward seniors. Those phones typically don't have Web-surfing capability, GPS maps and video games. Instead they have large buttons, oversized digital readouts and hearing-aid compatibility, along with a relatively simple calling plan. Although senior-friendly phones aren't new, their lower prices and variety are. A recent price skirmish among wireless companies means seniors can get an easy-to-use cellphone and cheap service to go with it, said Mac Haddow, senior fellow on public policy for the independent and nonprofit Alliance for Generational Equity.
BUSINESS
May 17, 2012 | By David Undercoffler
You look fat in that. Of course I'll be late. Your baby reminds me of Gollum's uncle. This is what the 2013 Subaru BRZ might say if it could talk. The all-new, rear-wheel-drive sports car starts at $26,265, and boy is it honest - perhaps more so than any other car on the market today, save for its mechanical twin, the Scion FR-S. The two were jointly developed by Subaru and Scion's parent company, Toyota, with both assembled by Subaru in Japan. The question about the BRZ is, can you handle the honesty?
SPORTS
May 22, 2012 | By Bill Shaikin
PHOENIX — Andre Ethier said Tuesday he does not plan to impose a deadline on negotiations on the contract extension that could keep him out of free agency. Dodgers General Manager Ned Colletti has said he would like to re-sign Ethier and has discussed the idea with Dodgers President Stan Kasten , who took office three weeks ago. Ethier said Tuesday he and his agent have not received a formal contract proposal from the Dodgers. Ethier also said he did not anticipate a point where free agency could be so close that he would put any contract talks on hold before he could test the market.