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California Rep. Linda Sanchez asks FTC to investigate Herbalife
This post has been updated. See the note below for details.A California congresswoman asked the Federal Trade Commission to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes “our country’s most vulnerable populations.” Rep. Linda T. Sanchez...Tags: Corporate Crime, Fraud, Linda Sanchez, Minority Groups, Herbalife Limited
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Rep. Linda Sanchez asks FTC to investigate Herbalife
Rep. Linda T. Sanchez asked regulators to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes "our country's most vulnerable populations." The Lakewood Democrat said in a letter to the Federal Trade...
Tags: Marketing, Corporate Crime, Fraud, Sales, Business
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Edward Snowden gone from Hong Kong hotel, whereabouts unknown
BEIJING -- Edward Snowden, the 29-year-old contractor identified as the source of leaks about the U.S. electronic surveillance program, apparently checked out of his Hong Kong hotel at midday Monday, his destination and whereabouts unknown. "We know...
Tags: United Kingdom, Government, Hotel and Accommodation Industry, Hong Kong, Extradition
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Hong Kong may not be asylum NSA leaker Edward Snowden hoped for
BEIJING -- Of all the places in the world for man on the run from the U.S. government, Hong Kong was an unlikely destination for Edward Snowden, the 29-year-old contractor identified as the source of leaks about the U.S. electronic surveillance program....
Tags: National Security, Extradition, Human Rights Watch, International Law, Treaties
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Likely FBI nominee James Comey seen as levelheaded
WASHINGTON — Twenty years ago, James B. Comey was a young federal prosecutor in New York trying to put two Gambino brothers away for life. They were charged with murder, selling drugs, money laundering, racketeering — "the whole kitchen sink,"...
Tags: HSBC Holdings plc, American Civil Liberties Union, George W. Bush, White House, Westport
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Billionaire Bucket List
If you’re as rich as Carlos Slim, if you live off the interest on your interest, or if starring in this year’s megahit movie has simply exhausted you, these are the world’s ultimate luxury getaways — a champagne bucket list for...
Tags: Belize, Travel, Tiger Woods, Trips and Vacations, Personal Service
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Bondholders spark U.S. legal drama over Argentine debt
Collection agencies profit by buying up old debt, chasing borrowers for payment and, when all else fails, using the courts to recover as much as they can. It's a business model polished and perfected over decades of litigation. But what if the...
Tags: Debt Market, Credit and Debt, Bank of New York Company, Bonds, Judges
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Sale of Sacramento Kings to California investors is a done deal
Calling it one of the great comebacks in sports, Mayor Kevin Johnson announced on Friday at City Hall that the sale of the Sacramento Kings to a local group of investors has been finalized. The Maloof family is reportedly selling a 65% controlling...
Tags: Sacramento Kings, Kevin Durant, Kevin Johnson, Qualcomm Inc., Kobe Bryant
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Sony shares jump as hedge fund urges IPO of entertainment unit
Sony Corp. stock soared in afternoon trading after New York hedge fund Third Point proposed that the electronics and media giant make an initial public stock offering of up to 20% of its entertainment arm. That unit, known as Sony Entertainment Inc.,...
Tags: Entertainment, Skyfall (movie), The Amazing Spider-Man (movie), GSN (tv network), I Love Lucy (tv program)
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Healthy savings, no debt but worried about retirement
Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been...
Tags: Economy, Business and Finance, Finance, Stock Market, Starbucks Corp.
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On eve of Sony meeting, report says company could discuss spinoff
Sony Corp. is "considering evaluating" a spinoff of its entertainment arm that is being advocated by the hedge fund and Sony shareholder Third Point, according to Japan's Nikkei newspaper. The news comes a day before a much-anticipated Sony corporate...
Tags: Entertainment, Sony Corp., Tokyo (Japan), Science and Technology, Japan
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Fox bets on stars! ESPN eyes Open. Pressure on Sony to split
After the coffee. Before the ESPN and ABC upfronts. The Skinny: I got through the day without any pizza. Let's see if I can make it two in a row. Tuesday's headlines include Fox's new TV schedule for next season. Also, a hedge fund manager is pressuring...
Tags: Entertainment, Advertising, Fox Sports (tv network), Networking, Marketing
Jun 13, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Los Angeles Times
Jun 10, 2013
|Story| Los Angeles Times
Jun 10, 2013
|Story| Los Angeles Times
May 30, 2013
|Story| Los Angeles Times
Jun 7, 2013
|Story| LAT Brand Publishing
May 27, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Los Angeles Times
May 18, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Los Angeles Times
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