Lagerfeld says Ghesquiere with Arnault “not bad idea”

PARIS (Reuters) – Star designer Karl Lagerfeld said the departure of Nicolas Ghesquiere from Balenciaga as artistic director to create his own brand with backing from LVMH‘s Bernard Arnault would “not be a bad idea” as the group owned many old labels.“Perhaps Nicolas wants to have his own label, which is not a bad idea,” Lagerfeld told Reuters in an interview...

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States Rush to Meet Tight Health Care Deadlines

Jim Lo Scalzo/European Pressphoto AgencySupporters of President Obama’s Affordable Care Act celebrated at the Supreme Court in June after the justices upheld the law. After nearly three years of legal and political threats that kept President Obama’s health care law in a constant state of uncertainty, his re-election on Tuesday all but guarantees that the historic legislation will survive. ...

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Debt Ceiling Complicates a Tax Shift

WASHINGTON — Come January, should Congress fail to act, the United States will face more than immense tax increases and spending cuts. It will also run out of room to finance its large running deficits. The Treasury Department expects the country to hit its debt ceiling, a legal limit on the amount the government is allowed to borrow, close to the end of the year. That would give Congress...

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Blue reign in Sacramento: Democrats dominate California voting

SACRAMENTO — Gov. Jerry Brown and his fellow Democrats are on the cusp of a coveted supermajority in both the Assembly and Senate,...

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A Google-a-Day Puzzle for Nov. 8

Our good friends at Google run a daily puzzle challenge and asked us to help get them out to the geeky masses. Each day’s puzzle will task your googling skills a little more, leading you to Google mastery. Each morning at 12:01 a.m. Eastern time you’ll see a new puzzle posted here.SPOILER WARNING:We leave the comments on so people can work together to find the answer....

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Country duo Civil Wars cancel tour, cite discord

LONDON (Reuters) – Grammy Award-winning country-folk duo The Civil Wars have cancelled their British tour dates, citing “irreconcilable differences” via Twitter and Facebook.The pair made the announcement shortly after performing at the Roundhouse in north London late on Tuesday, but they added that they hoped to record together soon. “We...

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After Loss, Fight to Label Modified Food Continues

LOS ANGELES — Advocates for the labeling of genetically modified food vowed to carry their fight to other states and to the federal government after suffering a defeat in California on Tuesday. A ballot measure that would have made California the first state in the nation to require such labeling was defeated, 53.1 percent to 46.9 percent. Support for the initiative, which polls said once...

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DealBook: On Wall Street, Time to Mend Fences With Obama

Del Frisco’s, an expensive steakhouse with floor-to-ceiling windows overlooking the Boston harbor, was a festive scene on Tuesday evening. The hedge fund billionaires Steven A. Cohen, Paul Singer and Daniel Loeb were among the titans of finance there dining among the gray velvet banquettes before heading several blocks away to what they hoped would be a victory party for their presidential candidate,...

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Proposition 36, to ease three strikes law, passes, AP reports

#campaignNav { background-image:url('http://www.latimes.com/media/graphic/2012-01/67514121.jpg') ; background-repeat:no-repeat; height: 26px; width: 980px; color: #ffffff; font-family: arial,sans-serif; font-size: 14px; font-decoration: none; margin-top: 20px; margin-bottom: 26px; }#campaignNav a:link, #campaignNav a:visited { text-decoration: none; color: #ffffff; }#campaignNav a:hover { text-decoration:...

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A Google-a-Day Puzzle for Nov. 7

Our good friends at Google run a daily puzzle challenge and asked us to help get them out to the geeky masses. Each day’s puzzle will task your googling skills a little more, leading you to Google mastery. Each morning at 12:01 a.m. Eastern time you’ll see a new puzzle posted here.SPOILER WARNING:We leave the comments on so people can work together to find the answer....

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