99 Cents Only Stores' family management team departs

99 Cents Only Stores Inc. said its family management team has left the deep discounter, one year after the family-run business was acquired.

Los Angeles private equity firm Ares Management and the Canada Pension Plan Investment Board bought the retailer in a deal that closed in January 2012 and took the firm private. When the chain announced the deal, valued at about $1.6 billion, it said the family management team would remain in place.

But the City of Commerce company said this week that Chief Executive Eric Schiffer, Chief Administrative Officer Jeff Gold and Executive Vice President of Special Projects Howard Gold "are no longer employed by the company."

Reached on his cellphone, Jeff Gold said he could not comment on his departure or the changes at the company.

Richard Anicetti, who has served on the board of directors for eight months, has been named interim CEO. Michael Fung, former chief financial officer for Wal-Mart Stores Inc.'s U.S. operations, is joining the company as interim chief administrative officer.

Anicetti also previously served as president and CEO of Food Lion grocery stores.

"The board of directors thanks Eric, Jeff, Howard and the rest of the Gold/Schiffer family for their contribution and is looking forward to working with Rick, Mike and our dedicated '99ers' to continue our growth trajectory while providing our customers with excellent value as well as a fun and exciting shopping experience," David Kaplan, chairman of the 99 Cents Only board and senior partner at Ares Management, said in a statement.

The company, founded in 1982, has benefited from bargain-hungry shoppers during the tough economy. The management changes were made to "execute on the company's previously announced accelerated growth strategy," the discounter said.

99 Cents Only Stores operates 311 stores in California, Texas, Arizona and Nevada. That's 22 more than when the acquisition deal was announced. For the quarter that ended Dec. 29, the discounter said net sales rose to $439.5 million, up 8.8% from the same period a year earlier. Same-store sales, a common industry measurement of sales at stores open at least a year, rose 4.3% when "calculated on a comparable 13-week period," the company said.

andrew.khouri@latimes.com

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Security boosted for Orange County gun show

As the nation debates the idea of new gun laws, the decades-old Crossroads of the West Gun Show at the Orange County Fairgrounds this weekend will be business as usual, organizers said — with the exception of increased security.

The fairgrounds, whose relationship with the Utah-based Crossroads company spans nearly 25 years, receives about $600,000 from parking, rent, food and beverages from the shows, which are held several times a year, said Jerome Hoban, chief executive of the O.C. Fair & Event Center.

"We're increasing the security because these gun shows are wildly popular, and we want to make sure it's a secure and safe event," he said. "With more people, it's more security, and that's with any event."

Gun shows are under scrutiny from local governments nationwide following the Newtown, Conn., elementary school shooting last month and after accidents at three recent gun shows left five people injured. The Glendale City Council this week took the first step toward banning gun shows and banning all firearm sales on city-owned land.

Also motivated are gun enthusiasts who fear new regulations; they are stocking up on ammunition and guns. The recent Ontario gun show, also sponsored by Crossroads, was packed.

The state-run fairgrounds has its own on-site security and contracts with the Orange County Sheriff's Department for supplemental help.

Four deputies are scheduled to patrol the show, in addition to the two at the fairgrounds' weekly Orange County Market Place, said sheriff's Sgt. Scott Baker.

"We're not foreseeing any problems," he said. "I know there is a heightened sense with all the stuff going on, but we haven't addressed it any further than that."

Having four deputies on patrol is more than have been on hand for past shows, Baker said.

"It's about as safe as you're going to be," he said. "We're not projecting any problems.... We're not going to a higher level because of the situation, or anything of that nature."

Hoban expressed confidence in security at the fairgrounds. "We don't take any event lightly," he said. "If we have the public on our facility, it's our responsibility to keep everything safe."

Sales of handguns and rifles at the show are subject to state and federal mandates, organizers said. "The rules aren't changing because it's a gun show, or you get an exemption. … The rules still apply there," Baker said.

State laws include a 10-day waiting period, valid identification and a registration fee.

"It's not the kind of event where everybody's walking out the door with firearms," Hoban said.

Bob Templeton, owner of Crossroads, said the Costa Mesa show typically draws 10,000 to 14,000 but that number could swell to 20,000 this weekend. "People are concerned about all the discussions at the national level about gun control and so forth," he said.

He said he expected 8,000 people at the recent Ontario gun show but 16,000 showed up — as did some protesters. The Costa Mesa show will have a "free-speech area" for people to voice their opinions, Baker said.

Templeton called the fairgrounds "a very local event." He said about 80% of those who attend the five shows a year live in Orange County.

Despite increased security, some have reservations.

Kevin Wilkes, a Costa Mesa resident and father of a 7-year-old girl, said the event is too close for his liking to Costa Mesa High School, Orange Coast College and parks. He alluded to the recent gun show shootings and the Sandy Hook Elementary School mass shooting.

"You have kids and sports fields and TeWinkle Park," he said. "It makes you stop and think … we're literally playing with a loaded gun here."

He said he supports the 2nd Amendment but would like to see an assault weapon ban, among other restrictions on gun ownership. He wants a safer environment for his family.

"I don't want to take anything away from people who collect.... I'm gathering most people are good, law-abiding citizens," Wilkes said. "It's just a few who mess it up for everybody else."

bradley.zint@latimes.com

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New PlayStation 4 details emerge: 8-core AMD ‘Bulldozer’ CPU, redesigned controller and more

2013 is a huge year for gamers. Nintendo (NTDOY) just launched the Wii U ahead of the holidays and both Sony (SNE) and Microsoft (MSFT) are expected to issue next-generation consoles before the year is through. We’ve seen plenty of rumors about both systems over the past few months, and the latest comes from Kotaku and focuses on Sony’s PlayStation 4.

[More from BGR: BlackBerry 10 said to be overhyped, RIM’s comeback chances remain slim]

The site claims to have gotten its hands on documents describing Sony’s developer system given to premier partners so they can build games ahead of the next-generation console launch. The specs, if accurate, will obviously line up with the release version of the system. Included in the specs Kotaku is reporting are an AMD64 “Bulldozer” CPU with eight cores total, an AMD GPU, 8GB of system RAM, 2.2GB of video memory, a 160GB hard drive, a Blu-ray drive, four USB 3.0 ports and more.

[More from BGR: Apple: ‘Bent, not broken’]

Sony also reportedly has a redesigned controller in the works that will include a capacitive touch pad.

This article was originally published on BGR.com

Gaming News Headlines – Yahoo! News

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Revenge time for Matt Damon

NEW YORK (AP) — Matt Damon has his revenge.

The actor, who's been the butt of a long-running joke on Jimmy Kimmel's ABC talk show, took over the program Thursday night and left a bound and gagged Kimmel to watch a succession of stars stop by.

For years, Kimmel has joked at the end of his show that he ran out of time and was unable to bring Damon on as a guest. In a show-long joke Thursday, Damon played a kidnapper who tied up Kimmel and hosted himself.

Guests included Nicole Kidman, Amy Adams, Reese Witherspoon, Sheryl Crow and, in the cruelest cut of all, Kimmel's ex-girlfriend Sarah Silverman.

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HCA Must Pay Kansas City Foundation $162 Million

HCA, the nation’s largest profit-making hospital chain, was ordered on Thursday to pay $162 million after a judge in Missouri ruled that it had failed to abide by an agreement to make improvements to dilapidated hospitals that it bought in the Kansas City area several years ago.

The judge also ordered a court-appointed accountant to determine whether HCA had actually provided the levels of charitable care that it agreed to at the time.

The ruling came in response to a suit filed in 2009 by a community foundation that was created when HCA acquired the hospitals. Among other things, the foundation was responsible for ensuring that HCA met the obligations outlined in the deal.

The dispute in Kansas City is the second time in recent years that HCA has come under legal fire from officials in communities that sold troubled nonprofit community hospitals to HCA.

In another dispute in New Hampshire in 2011, a judge ruled in HCA’s favor, deciding that Portsmouth Regional Hospital would remain part of HCA after community leaders tried to regain control. During testimony in a 2011 trial, a former hospital official claimed he had difficulties getting HCA to pay for what he and others described as critical equipment and facility upgrades.

In an e-mailed statement, a spokesman for HCA said the company was disappointed in the court’s ruling and intended to appeal. He also added that the two cases were “rare exceptions” and that the company had enjoyed positive relationships with communities across the country.

The suit is among several problems for HCA. The company disclosed last year, for example, that the United States attorney’s office in Miami had subpoenaed documents as part of an inquiry to determine whether unnecessary cardiology procedures had been performed at HCA hospitals in Florida and elsewhere. At stake in that case is whether HCA inappropriately billed Medicare and private insurers for the procedures. HCA has denied any wrongdoing.

Financially, Thursday’s judgment is a slap on the wrist for HCA, which posted net income of $360 million in just the third quarter of last year. But the ruling may reverberate beyond HCA as communities across the country put their troubled nonprofit hospitals up for sale.

In many cases, the buyers with the deepest pockets have been profit-making hospital chains that want to convert the community hospitals to profit status, typically agreeing to spend money to fix them and to maintain certain levels of charitable care in the community.

In 2011, for instance, Vanguard Health Systems, which went public that year and has as its largest shareholder the private equity firm Blackstone Group, bought eight hospitals in Detroit. As part of that deal, Vanguard Health agreed to spend $850 million over five years to fix and maintain the hospitals.

The trouble in the Kansas City area began a year after HCA acquired a dozen hospitals from Health Midwest in 2003 for $1.125 billion. As part of the deal, HCA agreed to make $300 million in capital improvements in the first two years and an additional $150 million in the following three. The hospital chain also agreed to maintain the levels of care that had been provided to low-income individuals and families in the area for 10 years.

But when the members of the Health Care Foundation of Greater Kansas City, a nonprofit created from the proceeds of the sale of the hospital, received their first report from HCA in 2004 they discovered the hospital was already way behind.

Of the $300 million it was supposed to spend in the first two years, its own documents showed it had spent only about $50 million, according to Mark G. Flaherty, one of the founding members of the foundation and its general counsel.

HCA’s reports to the foundation also indicated that the level of charitable care it provided at the system’s large inner-city hospital had fallen while charitable care provided at the more affluent suburban hospital had risen sharply, Mr. Flaherty said.

“That was a big red flag to us,” he said.

After repeatedly asking HCA executives for explanations but receiving none, the foundation sued HCA in 2009. The case went to trial for several weeks in 2011.

HCA argued in the trial that it had met its obligation to spend money on hospital facilities by building two new hospitals at a cost of hundreds of millions of dollars, rather than repairing older facilities. But Judge John Torrence of Jackson County Circuit Court ruled that the agreement called for improvements to existing hospitals.

He said HCA still owed $162 million of the $300 million it had agreed to spend between 2003 and 2005. He then named a court-appointed forensic accountant to determine whether HCA had met its other capital commitments and whether it provided the charitable care it had said it would.

HCA’s own written statements claimed “differing amounts,” the judge wrote in his ruling. One HCA report said it provided $48 million in charitable care to the area in 2009 while another report on its Web site said it provided more than $87 million. The annual report to the foundation claimed it provided $185 million in uncompensated and charity care that year, the judge wrote.

During the trial, when asked about the widely differing numbers, the president of HCA’s Midwest division and other HCA executives had no explanation.

The money will be paid to the foundation, which will use it to create grants to provide care for uninsured or underinsured families in the area. It is unclear whether the spending on improvements will occur.

Depending on what the court-appointed accountant discovers, HCA may owe even more money, said Paul Seyferth of Seyferth Blumenthal & Harris, which represents the foundation.

“We think they’re going to have a tremendously difficult time convincing anybody that they spent what they claim they spent,” Mr. Seyferth said.

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Lawmaker questions Disney's plan for wristband data

A congressman from Massachusetts raised questions Thursday about how Walt Disney Co. will use information it collects when it gives parkgoers new wristbands embedded with computer chips.

Edward J. Markey (D-Mass), who co-chairs a congressional panel on privacy, asked Walt Disney Co. Chairman and Chief Executive Robert A. Iger in a letter what information the park will collect with the so-called MagicBand and how it will be used.

"Widespread use of MagicBand bracelets by park guests could dramatically increase the personal data Disney can collect about its guests," he said, adding that he is particularly concerned at the prospects of Disney collecting information about children.

Disney announced recently that it plans to unveil this spring at Walt Disney World in Florida a wristband embedded with radio frequency identification chips. A unique code in each chip lets parkgoers pay to enter the park, check into Disney hotels and buy food and souvenirs, among other things.

Disney officials promoted the wristbands as a way to make visiting the park easier. The wristbands will let Disney use the data to customize future offerings and marketing pitches.

Disney officials say they have no plans yet to introduce the wristbands at Disneyland or Disney California Adventure Park in Anaheim.

In a three-page letter, Markey said he is "deeply concerned that Disney's proposal could potentially have a harmful impact on our children." He asked whether parkgoers will have a chance to opt out of sharing their information and, if not, whether Disney will share the data with other companies.

A spokesman for Markey said his office had not received a response from Disney on Thursday, but in a statement to The Times, the company said participation in the wristband program was optional.

"In addition, guests control whether their personal information is used for promotional purposes, and no data collected is ever used to market to children," the statement said.

If parkgoers agree to release such information it can be used for marketing, Disney officials confirmed.

hugo.martin@latimes.com

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Former LAUSD teacher accused of molesting 20 children

A former Los Angeles Unified School District teacher was arrested Wednesday on suspicion of committing lewd acts and sexually abusing 20 children and an adult, law enforcement authorities said.

Robert Pimentel, 57, who taught at George de la Torre Jr. Elementary School in Wilmington, was taken into custody by Los Angeles Police Department detectives, who had launched an investigation in March after several fourth-grade girls said they had been inappropriately touched.

Prosecutors filed 15 charges against Pimentel involving a dozen of his alleged victims. The charges involve sexual abuse and lewd acts on a child and cover the period from September 2011 to March 2012, according to court records. Authorities said the teacher is suspected of inappropriately touching children under and over their clothing.

Detectives suspect Pimentel victimized an additional eight children and the adult, LAPD Capt. Fabian Lizzaraga told The Times.

The arrest comes as the nation's second-largest school district has been rocked in recent months by allegations of sexual misconduct involving teachers and students.

In January, a teacher at Miramonte Elementary School in the Florence-Firestone neighborhood was arrested on suspicion of spoon-feeding semen to students in a classroom and taking dozens of photos. Some of the photos show students blindfolded and being fed allegedly tainted cookies.

An audit released in November concluded that the district failed to promptly report 150 cases of suspected teacher misconduct — including allegations of sexual contact with students — to state authorities as required by law. District officials said they have addressed the breakdowns highlighted in the audit.

Wednesday evening, L.A. Unified Supt. John Deasy said both Pimentel and the school's principal were immediately removed when the district found out about the allegations in March.

Deasy said he removed the principal because he was "dissatisfied" with how the situation was handled at the school. The principal has not been identified.

Parents at the school were informed within 72 hours after Pimentel was removed from the campus, and the California Commission on Teacher Credentialing was promptly notified, the district said.

District officials prepared a "notice of termination" for Pimentel and the principal, which they had planned to present to the Board of Education in April 2012, Deasy said. But both employees retired before the board meeting.

He said Pimentel and the principal will receive their full pensions because they retired before the district took action against them.

"Can you go back and fire someone who's already retired? No, you can't," Deasy said.

Detectives launched their investigation of Pimentel after some of the children told their parents they had been abused, Lizzaraga said. The parents then alerted officers at the LAPD's Harbor Division.

Of the 20 children allegedly abused, 19 were students at the school, according to Lizzaraga. He said detectives came across the other child as they gathered evidence.

Deasy told The Times that his recollection was that the adult was a co-worker of Pimentel.

Pimentel, who lives in Newport Beach, had been a teacher with the district since 1974, police said. He was taken into custody shortly after noon Wednesday and was being held on $12-million bail. He is expected to appear in court Thursday.

In the Miramonte Elementary case, former teacher Mark Berndt, 61, is charged with 23 counts of lewd conduct and is awaiting trial. He has pleaded not guilty.

The district is facing nearly 200 molestation and lewd conduct claims stemming from Berndt's alleged wrongdoing.

In a separate case, a jury recently awarded $6.9 million to a 14-year-old boy who was molested while he was in fifth grade at Queen Anne Place Elementary School in the Mid-Wilshire area.

The teacher in that incident pleaded no contest to two counts of a lewd act on a child and to continuous sexual abuse of a child younger than 14. He is serving a 16-year prison sentence.

richard.winton@latimes.com

howard.blume@latimes.com

Times staff writer Robert J. Lopez contributed to this report

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RIM releases BES 10 for BlackBerry 10 and rival phones, offers free 60-day trial

Research In Motion (RIMM) is gearing up for the impending release of its first BlackBerry 10 devices and the company has now released new mobile device management software to help its customers keep a handle on their shiny new BB10 phones and rival devices. The new BlackBerry Enterprise Service 10, now available for download, aims to be a one-size-fits all MDM platform that’s capable of managing BlackBerry, iOS and Android devices.

[More from BGR: Apple reports Q1 results: $ 13.1 billion profit beats estimates, iPhone sales and Q2 guidance miss big]

RIM says key features of the new service include the integration of BlackBerry Balance functionality to help keep work and personal applications and data separate; BlackBerry World for Work, a new iteration of the company’s traditional app store that gives companies the ability to more easily manage workers’ apps; and an “intuitive enterprise enrollment process for employees that offers a self-service console, and centralized control of assignable profiles for email, SCEP, Wi-Fi, VPN and proxy servers.”

[More from BGR: As data gets cheaper for Verizon to transmit, customers are paying more]

RIM is offering customers a free 60-day trial of the new MDM service.

This article was originally published on BGR.com

Wireless News Headlines – Yahoo! News

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Artist Christo takes small steps on Colo. project

DENVER (AP) — Construction of the proposed "Over the River" project in Colorado is on hold pending legal challenges, but artist Christo said Wednesday his team is doing other work so he can one day suspend nearly six miles worth of silvery fabric in sections over the Arkansas River.

Railroad tracks are being cleared along the project route that traces U.S. 50 between Canon City and Salida, and work is beginning to mitigate impacts to bighorn sheep.

Christo is also preparing for his upcoming exhibit in Oberhausen in Germany of "Big Air Package," a 295-foot air-filled fabric bubble that will help raise funds for Over the River, which has cost $13 million so far.

As envisioned by Christo and his late wife, Jeanne-Claude, Over the River would be displayed for two weeks in late summer. The earliest it could be displayed is August 2016, but even that timeline may be unlikely.

The Bureau of Land Management's approval of a permit for it is being appealed, and a group called Rags Over the Arkansas River has filed lawsuits challenging permit approvals by the BLM and Colorado State Parks.

Opponents contend the project poses environmental, safety, traffic and economic risks and will require more than two years of industrial-scale construction work. Christo's team has said it plans dozens of measures to mitigate impacts.

Christo and Jeanne-Claude's massive projects have survived delays before.

"I don't consider it a pause," Christo said. "It's part of the dynamics of the project."

During the work on Over the River, he also is actively working on The Mastaba, a giant sculpture of 410,000 barrels planned for Abu Dhabi that he conceived in 1977. Because he is 77, Christo said he is trying to complete both projects simultaneously rather than focusing on one at a time.

Christo was in Denver for an exhibit Wednesday at Metropolitan State University of Denver's Center for Visual Art of two sketches he donated to Colorado.

___

Find Catherine Tsai on Twitter at http://www.twitter.com/ctsai_denver

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Well: Long Term Effects on Life Expectancy From Smoking

It is often said that smoking takes years off your life, and now a new study shows just how many: Longtime smokers can expect to lose about 10 years of life expectancy.

But amid those grim findings was some good news for former smokers. Those who quit before they turn 35 can gain most if not all of that decade back, and even those who wait until middle age to kick the habit can add about five years back to their life expectancies.

“There’s the old saw that everyone knows smoking is bad for you,” said Dr. Tim McAfee of the Centers for Disease Control and Prevention. “But this paints a much more dramatic picture of the horror of smoking. These are real people that are getting 10 years of life expectancy hacked off — and that’s just on average.”

The findings were part of research, published on Wednesday in The New England Journal of Medicine, that looked at government data on more than 200,000 Americans who were followed starting in 1997. Similar studies that were done in the 1980s and the decades prior had allowed scientists to predict the impact of smoking on mortality. But since then many population trends have changed, and it was unclear whether smokers today fared differently from smokers decades ago.

Since the 1960s, the prevalence of smoking over all has declined, falling from about 40 percent to 20 percent. Today more than half of people that ever smoked have quit, allowing researchers to compare the effects of stopping at various ages.

Modern cigarettes contain less tar and medical advances have cut the rates of death from vascular disease drastically. But have smokers benefited from these advances?

Women in the 1960s, ’70s and ’80s had lower rates of mortality from smoking than men. But it was largely unknown whether this was a biological difference or merely a matter of different habits: earlier generations of women smoked fewer cigarettes and tended to take up smoking at a later age than men.

Now that smoking habits among women today are similar to those of men, would mortality rates be the same as well?

“There was a big gap in our knowledge,” said Dr. McAfee, an author of the study and the director of the C.D.C.’s Office on Smoking and Public Health.

The new research showed that in fact women are no more protected from the consequences of smoking than men. The female smokers in the study represented the first generation of American women that generally began smoking early in life and continued the habit for decades, and the impact on life span was clear. The risk of death from smoking for these women was 50 percent higher than the risk reported for women in similar studies carried out in the 1980s.

“This sort of puts the nail in the coffin around the idea that women might somehow be different or that they suffer fewer effects of smoking,” Dr. McAfee said.

It also showed that differences between smokers and the population in general are becoming more and more stark. Over the last 20 years, advances in medicine and public health have improved life expectancy for the general public, but smokers have not benefited in the same way.

“If anything, this is accentuating the difference between being a smoker and a nonsmoker,” Dr. McAfee said.

The researchers had information about the participants’ smoking histories and other details about their health and backgrounds, including diet, alcohol consumption, education levels and weight and body fat. Using records from the National Death Index, they calculated their mortality rates over time.

People who had smoked fewer than 100 cigarettes in their lifetimes were not classified as smokers. Those who had smoked at least 100 cigarettes but had not had one within five years of the time the data was collected were classified as former smokers.

Not surprisingly, the study showed that the earlier a person quit smoking, the greater the impact. People who quit between 25 and 34 years of age gained about 10 years of life compared to those who continued to smoke. But there were benefits at many ages. People who quit between 35 and 44 gained about nine years, and those who stopped between 45 and 59 gained about four to six years of life expectancy.

From a public health perspective, those numbers are striking, particularly when juxtaposed with preventive measures like blood pressure screenings, colorectal screenings and mammography, the effects of which on life expectancy are more often viewed in terms of days or months, Dr. McAfee said.

“These things are very important, but the size of the benefit pales in comparison to what you can get from stopping smoking,” he said. “The notion that you could add 10 years to your life by something as straightforward as quitting smoking is just mind boggling.”

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