When a ‘trusted’ financial professional targets the assets of America’s elderly
Terry Ann McIntosh’s financial nightmare began four years ago, soon after she hired a caregiver through a family services website. McIntosh, then 75 and in a wheelchair, had assumed that the young woman who eventually showed up at her San Mateo, Calif., home wouldn’t steal from her. She was wrong. In October 2015, Meletofetofe Uhila…
Ford botches launch of Explorer SUV, putting its CEO back in the hot seat
Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the chief executive appealed for time to show he was fixing things. He assured them the redesigned Explorer SUV that would be rolling out months later would be a proof point. But…
Column: A brilliant economist diagnoses the U.S. healthcare system — from beyond the grave
When the economist Uwe Reinhardt died unexpectedly in November 2017, his colleagues and followers lamented the silencing of one of the most penetrating, objective and effective voices in the healthcare debate. They didn’t know the half of it. With the posthumous publication this month of his final work, a book entitled “Priced Out: The Economic…
SoftBank takes control of WeWork as part of bailout; Adam Neumann leaves board
SoftBank Group Corp. is taking control of WeWork, part of a rescue financing plan that will see founder Adam Neumann depart from the company’s board, according to people familiar with the matter. Neumann is expected to sell about $1 billion of stock to the Japanese investment firm as part of the deal, said the people,…
Bob Iger, Ava DuVernay, Willem Dafoe join architect Renzo Piano for Academy Museum event
Standing poolside at the home of Zoë and Olivier de Givenchy in Beverly Hills, Walt Disney Co. Chairman and Chief Executive Bob Iger addressed an intimate gathering of Angelenos on Friday about the new Academy Museum of Motion Pictures, slated to open in 2020. “When you think about the world today, when you think about…
Can a T-shirt change the world?
“This is my favorite place,” says Daniel DeSure, gesturing to the stretch of Exposition Boulevard in Crenshaw that he’s lived in and worked on for the last 12 years. Behind an olive-and-black graphic facade, the 42-year-old creative director and entrepreneur runs Commonwealth Projects, a creative agency called on by the likes of Nike, Saint Laurent,…
Distinctive accent on torture video leads Anchorage police to suspect
ANCHORAGE — The digital memory card in a torture killing in Alaska’s biggest city ended up leading police right to a suspect, first when the killer lost the memory card labeled “Homicide at midtown Marriott” that contained video of the dying woman. Then came an even more innocuous blunder: The killer spoke on the tape in…
Taliban storm checkpoint, kill 15 policemen, Afghan official says
KABUL, Afghanistan — The Taliban stormed a checkpoint in northern Afghanistan, killing at least 15 policemen in the latest attack by insurgents, an Afghan provincial official said Tuesday. The multipronged attack on the checkpoint in the Ali Abad district of northern Kunduz province began late Monday night and set off an hours-long gun battle, according to…
Boris Johnson faces broad opposition as he tries to push Brexit bill over the line
LONDON — British lawmakers from across the political spectrum are expected to challenge Prime Minister Boris Johnson’s drive to push his European Union divorce bill through the House of Commons in three days, potentially scuttling plans to deliver Brexit by Oct. 31. The bill faces two votes Tuesday, with lawmakers first being asked to approve it…
Trump vows to revive 'Pocahontas' attack against Warren
President Donald Trump said on Thursday that he planned to revive an old attack strategy on Democratic presidential candidate Elizabeth Warren, focusing on her contentious past claims of Native American heritage. “Like, Elizabeth Warren — I did the Pocahontas thing,” Trump said during a New Hampshire rally Thursday. “I hit her really hard and it…