June 6, 2013 |
A former chairman of the Federal Communications Commission said rules limiting common ownership of newspapers and television stations in the same market should be gutted -- even if it clears the way for media mogul Rupert Murdoch to control more news outlets including the Los Angeles Times. Reed Hundt, Democratic chairman of the FCC during much of the Clinton administration and a self-confessed progressive, said in a speech Wednesday at UCLA that the long-standing rule is "perverse" and needs to be thrown out. Noting the growth of new platforms for news and other content since the rule was created in the 1970s and the difficult economics of the newspaper industry, Hundt said "if a TV station wants to help a newspaper survive, the FCC should welcome that initiative.
CALIFORNIA | LOCAL
May 18, 2013 |
Ringed by the posh shops of Beverly Center, Tim Ratliff said no - he didn't have a credit card. He didn't need one. "I just hear so many horror stories about people being in debt," said Ratliff, 21, who studies psychology at Ohio State University. "When you have a credit card, you feel like you have a lot of money when you don't. " Ratliff is like many young adults, emerging data show. His generation, dubbed millennials by academics and marketers, grew up during the boom and bust cycles of the U.S. economy over the last decade and a half - crises that appear to have reshaped their attitudes toward spending and debt.
May 15, 2013 |
WASHINGTON - President Obama faces a fresh test Thursday of his determination to steer clear of the civil war in Syria when he considers a desperate plea from a longtime U.S. ally. Turkish Prime Minister Recep Tayyip Erdogan is expected to urge Obama in a White House meeting to move more aggressively to end a conflict that has sent more than 1 million refugees fleeing across Syria's borders and threatens to destabilize the region. "Syria will be our main topic.... We will draw a road map," Erdogan told reporters before leaving Ankara, Turkey's capital.
May 11, 2013 |
WASHINGTON - Sen. Dianne Feinstein made headlines recently by demanding a forceful U.S. response to Syria's use of chemical weapons against its population. Less noticed was that the California Democrat wasn't urging deeper military involvement or other dramatic steps, but only a new push for action by the United Nations Security Council, which has already rejected Western-backed resolutions on Syria three times. In this cautious approach, Feinstein, who is chairwoman of the Senate Intelligence Committee, is not alone.
April 28, 2013 |
WASHINGTON - President Obama travels to Mexico this week amid signs that the relationship between the United States and its southern neighbor's new government faces a new period of uncertainty after years of unprecedented closeness forged by the deadly war against Mexican drug cartels. The government of Mexican President Enrique Peña Nieto is said to be wary of the level of U.S. involvement in security affairs that characterized the administration of his predecessor, Felipe Calderon.
CALIFORNIA | LOCAL
April 6, 2013 |
The residents of the close-knit coastal enclave of San Pedro have long felt like the city's redheaded stepchild, geographically and culturally removed from the downtown power structure, the bright lights of Hollywood and the sprawling San Fernando Valley. But in the Los Angeles mayoral race, they are seeing fresh attention from Wendy Greuel and Eric Garcetti as the rivals try to stitch together coalitions to win the May 21 runoff. Within the span of a week, the candidates appeared at port workers' union halls a block apart in the area's historic downtown, pledging they would not forget this corner of L.A. "This is the economic engine of our entire city," Greuel said Saturday as she rallied supporters at the headquarters of ILWU Local 63, the Marine Clerks Assn.
CALIFORNIA | LOCAL
March 29, 2013 |
The email was an invitation to step back in time, from someone I hadn't seen or talked to since 1965. Joe Migliore had noticed my byline on a column in our hometown paper, the Cleveland Plain Dealer. It was about the shift in racial labels - from Negro to black to African American - during our lifetime. "It was very interesting and brought back some memories of time gone by," he wrote. "I was just wondering if you are the same Sandy Banks that I went to school with at Miles Road Elementary School" nearly 50 years ago. Joe remembered "a girl named Sandra Banks in French class taught by Mrs. Cassanova.
March 25, 2013 |
The final buzzer of the final game of the high school basketball season has finally sounded, and that means it's time to look back and look ahead. To end the season with the state's two best players, 6-foot-7 Stanley Johnson of Santa Ana Mater Dei and 6-8 Aaron Gordon of San Jose Archbishop Mitty, facing off in the CIF state championship Open Division final in Sacramento was a matchup made in basketball heaven. Mater Dei prevailed, 50-45, to win its 10th state title. "Playing against him was an honor," Johnson said.
March 4, 2013 |
Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should terminate its controversial bond-buying program this year. The survey, of 196 members of the National Assn. for Business Economics, found that a slim majority of them consider the central bank's monetary policy as "about right.
February 3, 2013 |
If researchers at the nonprofit Center for Responsible Lending are on target when they say the country is only halfway through the foreclosure crisis, many more people are going to be conned out of a great deal of money trying to save their homes. But it doesn't have to be like that. And it won't be if Uncle Sam has his way. The government is coming down hard on swindlers who cheat owners willing to try almost anything to avoid foreclosure. In December, for example, the Consumer Financial Protection Bureau took steps to shut down two alleged loan-modification mills that the agency says bilked people out of more than $10 million.