| Dec 18, 2013
| 11:55 AM
Followers of Herbalife, the Los Angeles peddler of nutritional supplements, know it's actually two stories rolled into one.
One is the story of how a company with a questionable business model, overhyped products, and an almost invisible research and...
| Dec 4, 2013
| 1:30 PM
Shareholder activist Carl Icahn said Wednesday he had informed Apple that he has submitted a proposal to let shareholders vote on a larger stock buyback.
In a tweet Wednesday, Icahn wrote: "Gave $AAPL notice we’ll be making a precatory proposal to...
| Nov 5, 2013
| 11:30 AM
How to explain this paradox?
Starting Nov. 1, more than 47 million Americans lost some or all of their food stamp benefits. House Republicans are pushing for further cuts. If the sequester isn't stopped, everything else poor and working-class Americans...
| Oct 25, 2013
| 10:08 AM
Netflix said it will become the exclusive subscription on-demand service providing Disney live-action and animated films in the Netherlands.
Beginning next year, Netflix subscribers will have access to first-run films from Disney, Pixar and Marvel...
| Oct 31, 2013
| 9:40 AM
The founder of Newport Beach-based Pacific Investment Co. (PIMCO) and his wife have pledged to give their fortune to charity before they die, according to published reports.
Bill and Sue Gross, who have an estimated wealth of $2 billion, plan to...
| Oct 29, 2013
| 10:30 AM
When Jennifer Lawrence landed the role of Katniss Everdeen in the first "The Hunger Games" two years ago, neither she nor the film's producer, Nina Jacobson, nor financial backer Lionsgate could imagine the magnitude of what would transpire for all of...
| Oct 28, 2013
| 7:21 PM
Nutritional products maker Herbalife Ltd. reported a nearly 27% jump in third-quarter profit amid double-digit sales growth in China and Latin America.
The Los Angeles company reported net income of $142 million, or $1.32 a share, for the three months...
| Oct 22, 2013
| 4:30 PM
Billionaire investor Carl Icahn filed to sell nearly 3 million shares of Netflix, citing a 457% return since he acquired the stake last year, while retaining 2.7 million shares in the company.
In a statement, Icahn said that "as a hardened veteran of...
| Oct 23, 2013
| 7:27 AM
After the coffee. Before deciding who to root for in the World Series.
The Skinny: If I don't have a personal rooting interest in the World Series, I tend to go with the American League. This year is tougher since the Red Sox beat the Tigers and I hate...
| Oct 23, 2013
| 2:30 PM
Netflix has released a teaser for Aziz Ansari's comedy special "Buried Alive," which is set to roll out on the streaming platform Nov. 1.
Special, taped at the Merriam Theater in Philadelphia, features Ansari discussing marriage, parenting and love in...
| Apr 9, 2013
| 8:53 AM
KPMG has resigned as Herbalife's auditor after the auditing firm fired a senior partner in its Los Angeles office because of an alleged insider-trading scheme.
"KPMG stated it had concluded it was not independent because of alleged insider trading in...