Topic: Los Angeles
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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Maurice Sendak: 10 essential quotes
From his books and from interviews, here are 10 essential quotes from Maurice Sendak, the children's book legend.
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How 5 young black men see the Trayvon Martin case
The Monitor approached, at random, five young black men in Boston, Los Angeles, Coral Gables, Fla., and Louisville, Ky., and asked them to talk about the Trayvon Martin case, race relations, hoodies, and, of course, their own life experiences. Here's what they had to say.
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10 best cities to buy short sale homes
Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?
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Garry Marshall: 10 stories from his memoir
The 'Pretty Woman' and 'New Year's Eve' director Garry Marshall reflects on his time in Tinseltown in his new memoir, 'My Happy Days In Hollywood.'
All Content
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Case of sonar's effects on whales heads to high court
At issue: Can a judge enforce environmental rules at the expense of national defense training?
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U.S. plan to ease air congestion runs into head winds
Some critics say a proposed cap on New York flights would raise costs. Others say better traffic management is the key.
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USA
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In L.A., valet is everywhere – and not just for cars
In the city where parking your own car is so yesterday, residents rely on valet service for their bikes as well as BMWs.
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Beauty is in the eye of the casting agent
Actors were once judged on talent. Today it's all about being 'hot.'
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A flood flows to the heart
Empathy and economics connect people near and far to the Midwest floods.
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In L.A., valet is everywhere – and not just for cars
In the city where parking your own car is so yesterday, residents rely on valet service for their bikes as well as BMWs.
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In Chicago, talking sense to angry young men with guns
Antiviolence program employs ex-gang members to help curb street violence, with some success.
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In Chicago, talking sense to angry young men with guns
Antiviolence program employs ex-gang members to help curb street violence, with some success.
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USA
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U.S. cities for the 21st century
Experts call for a new federal role in metropolitan development, one with fewer strings attached.
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U.S. cities for the 21st century
Experts call for a new federal role in metropolitan development, one with fewer strings attached.
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U.S. violent crime falls slightly
But national one-year averages mask better progress in big cities and a crime rise in the South.
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CD reviews: African rhythms for the head and feet
Orchestra Baobab, back together after 20 years; Toumani Diabate's new solo kora offering; the 'best of' Tabu Ley Rochereau; and more.
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Hillary Clinton shattered a political glass ceiling
Despite some sexism on the campaign trail and in the media, her gender won many votes, too.
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McCain and Obama: a stark matchup
They're both mavericks, but they differ sharply on issues and how to govern.
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A bid to boost ranks of minorities with PhDs
In its 14 years, The PhD Project has helped to triple minority presence on business school faculties.
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Londoners and New Yorkers gawk at each other through a transatlantic lens
A Victorian-era dream is reborn via fiberoptics and imagination in the 'telectroscope.'
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USA
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Londoners and New Yorkers gawk at each other through a transatlantic lens
A Victorian-era dream is reborn via fiberoptics and imagination in the 'telectroscope.'
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USA
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Horizons
Rock revival, via video games
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Chapter & Verse
An uneasy time in the book world
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World
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USA



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