It looks like a scene from a classic Western: A taciturn gunslinger drifts into town and gets into a bar fight. He’s arrested by the sheriff and is about to be taken away when a cattle baron shows up, accuses him of theft and threatens to take the law into his own hands.
Investors are bidding up prices for top-tier office buildings in Orange County, California, even as vacancies stand at almost 20 percent after the collapse of the subprime-mortgage industry that once made the region its home.
Newport Beach, California, where four ranking lifeguards earned more than the town’s $109,677 median household income in 2012, may partially disband its municipal ocean rescue to deal with rising pension costs.
When the Academy of Motion Picture Arts and Sciences hands out Oscars this weekend, the smart money is on Daniel Day-Lewis to take home the best-actor award for the title role in “Lincoln.” It would be his third Oscar.