Luz Escamilla's bedroom walls are stained with the blood of bedbugs. She says she doesn't want to bleach them until reps from CW Capital, her landlord, pay an in-person visit to her Maryland home.
Credit Mario Lugay
Pedro Jimenez and three of his kids, in the living room of their East Oakland, Calif., apartment. JPMorgan Chase hasn't hired a management company to fix the shattered window panes or make other repairs.
Credit Mario Lugay
David Jimenez, 7, patches up holes in his East Oakland, Calif., apartment. The bottom sticky note says, "I love you Papi."
Across the country, big banks and other large investors are buying up tens of thousands of foreclosed rental properties. They're not always model landlords, according to tenants and regulators. Some banks are failing to follow local and state housing codes, leaving tenants to live in squalor — without even a number to call in the most dire situations.
Mitt Romney is campaigning as a businessman who knows how to turn the economy around — a skill he says he learned during his time turning companies around, as president of the private equity firm Bain Capital.
So today, we're going to take a look at two deals that Bain did while Mitt Romney was heading the firm. This afternoon, we'll tell the story of one of Bain's successes.
The U.S. Supreme Court took up the subject of lying on Wednesday.
Specifically at issue was the constitutionality of a 2006 law that makes it a crime to lie about having received a military medal. But the questions posed by the justices ranged far beyond that — from advertising puffery to dating lies.
That's a 12.76-carat pink diamond that was found at Rio Tinto's Argyle diamond mine in Western Australia. The mine said it is the biggest of its kind found in the country, which is a big deal because that mine produces 90 percent of the global market diamond supply.
Since we introduced you to AeroShot, a product the delivers a blast of caffeine through an inhaler, a few months back, it seems a lot of folks — mostly around college campuses in New York and Boston — have tried the quick pick-me-up.
Sony launched the PlayStation Vita, its first hand-held gaming device in seven years, Wednesday. Vita, of course, is the Latin word for "life." And after suffering a series of tough blows — from the Japanese earthquake and tsunami to a relentlessly strong yen and a significant hacking attack — a bit of new life is just what the struggling company needs.
The Vita went on sale at a Best Buy in Los Angeles Wednesday morning. Despite the company's $50 million marketing campaign, only about a dozen gamers were on hand.
The Supreme Court engaged in a lively debate Wednesday when it heard oral arguments in a case testing whether the 2006 Stolen Valor Act is constitutional. The law makes it a crime to lie about military honors.
The Supreme Court has officially declined to decide one of its bigger cases of the term: whether or not doctors, hospitals and other health care providers can sue a state to challenge cuts in the Medicaid health program for the poor.
At the groundbreaking on the National Mall on Wednesday, President Obama said the newest Smithsonian museum has been has "a long time coming" and will serve "not just as a record of tragedy, but as a celebration of life." The National Museum of African American History and Culture is expected to open in 2015.
Nearly 40 years after the Watergate scandal, Watergate, Thomas Mallon's latest historical novel, captures both the metastasizing dishonesty and the ludicrousness of this great American tragedy of political ambition run amok.