Subscribe: L.A. Times - Business
Added By: Feedage Forager Feedage Grade B rated
Language: English
airlines  business  cambridge analytica  companies  company  data  facebook  international  million  month  stocks  trump  united states 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: L.A. Times - Business

L.A. Times - Business

National and international business news. Find stock updates, the latest trends in technology, real estate news and the latest on the economy.

Last Build Date: Mon, 19 Mar 2018 06:48:57 -0700

Copyright: ©2018 Los Angeles Times

California Inc.: Oh, like you're not jazzed about another movie featuring giant robots

Mon, 19 Mar 2018 05:00:00 PDT

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m Business columnist David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week.

It’s that season when companies disclose their often lofty executive compensation. Wells...


With a spacecraft in trouble and the White House watching, SpaceX had to deliver

Sun, 18 Mar 2018 06:00:00 PDT

Within minutes of liftoff, it was clear the Dragon spacecraft was in trouble.

Inside mission control on the morning of March 1, 2013, the SpaceX team was desperately trying to figure out what went wrong and soon pinpointed the problem: A few valves were stuck.

Lori Garver, NASA’s deputy administrator,...


Airlines propose long list of rules to kill or revise as part of Trump deregulation initiative

Sun, 18 Mar 2018 03:00:00 PDT

Nearly an hour after her American Airlines flight was scheduled to leave Honolulu International Airport, passenger Lisa Hill heard the pilot announce that a maintenance problem would delay the takeoff.

The pilot gave fliers the option of getting off the plane but Hill, who was flying to Boston...


Here are some tips for getting more retirement money into accounts with tax advantages

Sun, 18 Mar 2018 03:00:00 PDT

Dear Liz: My wife and I are about 35. I’m self-employed and contribute to a SEP IRA. My wife contributes to a workplace retirement plan. We don’t qualify to contribute to Roth IRAs. In order to get more money into retirement accounts, would you recommend doing back-door Roth contributions? What...


Trump campaign consultants' misuse of Facebook users' data shows lax security

Sat, 17 Mar 2018 20:55:00 PDT

Yes, Cambridge Analytica, the data analysis firm that helped Donald Trump win the 2016 election, violated rules when it obtained information from some 50 million Facebook profiles, the social media company acknowledged late Friday. But the data came from someone who didn’t hack the system: a professor...


U.S. investigating Hyundai and Kia, whose air bags reportedly failed to inflate in fatal crashes

Sat, 17 Mar 2018 14:30:00 PDT

Air bags in some Hyundai and Kia cars failed to inflate in crashes and four people are dead. Now the U.S. government's road safety agency wants to know why.

The National Highway Traffic Safety Administration says it's investigating problems that affect an estimated 425,000 cars made by the Korean...


Facebook suspends Trump election data firm that accessed millions of user profiles

Sat, 17 Mar 2018 10:50:00 PDT

Facebook Inc. has suspended Cambridge Analytica, a data company that helped Donald Trump win the presidential election, for receiving and failing to delete as many as 50 million Facebook profiles without their owners’ permission.

Facebook said in a blog post Friday that Cambridge Analytica received...


ACLU asks in lawsuit: Why is the TSA searching digital devices on domestic flights?

Sat, 17 Mar 2018 07:00:00 PDT

U.S. Customs and Border Patrol agents have increasingly searched digital devices carried by travelers on international flights, as they look for data in cellphones, laptops and other electronic gadgets that can provide clues to possible terrorist attacks.

Now, the American Civil Liberties Union...


Big airlines that launched basic economy fares rank below Southwest Airlines in survey

Sat, 17 Mar 2018 06:00:00 PDT

Three of the nation’s biggest carriers — American, United and Delta Air Lines — have all added bare-bones economy fares in an effort to better compete with low-cost carriers.

But when it comes to economy flying, a new survey of 55,000 travelers by Consumer Reports still gave the highest marks to...


Lynn Jurich's company has become a giant in the residential solar industry

Sat, 17 Mar 2018 06:00:00 PDT

Sunrun has been outpacing its competitors in the race to sell more residential solar capacity that any other company.(image)

How Trump's tariffs on metals could blow apart the international trade order

Sat, 17 Mar 2018 06:00:00 PDT

By justifying sweeping tariffs on imported metals in the name of national security, President Trump has lobbed what could be a grenade into the global trading order.

For decades that order has been underpinned by the World Trade Organization, whose 164 member-states have agreed to abide by WTO...


Qualcomm's ex-CEO is leaving its board as he tries to take the company private

Fri, 16 Mar 2018 15:45:00 PDT

Qualcomm Inc. said director Paul Jacobs, the San Diego chipmaker’s former chief executive and son of its founder, is leaving its board after he decided to explore an acquisition of the company.

“The board reached that decision following his notification to the board that he has decided to explore...


Fewer foreign doctors are coming to study in the United States, report shows

Fri, 16 Mar 2018 15:40:00 PDT

Fearing he would die if he stayed, Mohamed fled the civil war in his home country of Syria, heading to Saudi Arabia where he spent six years working as a physician. While there, Mohamed worked toward his goal of coming to the United States to train.

He aced the U.S. exams required of all physicians...


Stocks inch up on the last day of a down week

Fri, 16 Mar 2018 14:00:00 PDT

U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end a modest losing streak.

Oil and gas companies climbed along with the price of oil, and industrial companies recovered some of the losses they sustained earlier this month....


How Toys R Us was doomed by a leveraged buyout and shortsighted strategy

Fri, 16 Mar 2018 12:40:00 PDT

Toys R Us Inc. is officially packing up its playroom.

The retailer said Thursday that it intends to liquidate its U.S. business and shut all 735 of its toy stores and Babies R Us stores in the United States. It is exploring a reorganization and sale of its Canada division and other international...


Bitcoin mining banned by New York town upset over soaring electricity bills

Fri, 16 Mar 2018 12:10:00 PDT

A small lakeside town in upstate New York is fed up with bitcoin miners using up so much of its low-cost electricity.

Plattsburgh, whose residents are a quick jaunt from the Canadian border, has put an 18-month moratorium on cryptocurrency mining to preserve natural resources, the health of its...


Defrauded Corinthian students get forgiveness on only part of their federal loans

Fri, 16 Mar 2018 10:10:00 PDT

The Department of Education has begun notifying some former Corinthian Colleges students that it will forgive only one-half or less of their federal student loans, even though the students were defrauded by the now-defunct schools.

The action is part of Education Secretary Betsy DeVos' push to...


U.S. job openings soar to a record-high 6.3 million as companies seek skilled workers

Fri, 16 Mar 2018 09:55:00 PDT

U.S. employers sharply ramped up their demand for workers in January, advertising 6.3 million jobs at the end of the month, the most on records dating back 17 years.

The number of job openings soared 645,000 in January, the Labor Department said Friday. It was the largest one-month increase in...


The other opioid crisis: hospitals are running short of powerful painkillers

Fri, 16 Mar 2018 08:00:00 PDT

Even as opioids flood American communities and fuel widespread addiction, hospitals are facing a dangerous shortage of the powerful painkillers needed by patients in acute pain, according to doctors, pharmacists and a coalition of health groups.

The shortage, though more significant in some places...


Nike president steps down as company reviews improper conduct

Fri, 16 Mar 2018 07:25:00 PDT

Nike Inc. is reviewing improper conduct at the athletic-apparel giant as one of its top executives steps down, thinning the ranks of prospective CEO candidates.

“There had been conduct inconsistent with Nike’s principles, and we are taking the appropriate actions,” spokesman Greg Rossiter said.


Bitcoin isn't an investment until buyers sweat the fees

Fri, 16 Mar 2018 05:00:00 PDT

If you want to know where cryptocurrencies are in their development, keep an eye on fees.

When a new “investment” comes along, investors are often too busy counting their anticipated bounty to care about cost. Shrewd purveyors predictably seize the opportunity to charge excessive fees. But reality...


Wells Fargo customers could have more time to file claims in $142-million fake accounts settlement

Fri, 16 Mar 2018 03:00:00 PDT

Wells Fargo & Co. failed to notify some customers about its $142-million class-action settlement over its unauthorized accounts scandal — an error that could give customers more time to participate in the deal but contribute to months of delay in receiving payments.

The bank last month told attorneys...


Mr. Tan goes to Washington: the undoing of Broadcom's $117-billion bid for Qualcomm

Thu, 15 Mar 2018 16:45:00 PDT

Hock Tan had a trick for winning over skeptical investors.

When people asked why he was so confident that Washington would approve his $117 billion takeover of San Diego-based Qualcomm Inc., Tan would take out his cellphone and show them a photo of himself with U.S. President Trump.

Boy, was Tan...


Job-matching start-up in Redondo Beach may help solve U.S. labor-market puzzle

Thu, 15 Mar 2018 14:50:00 PDT

Patrick Jones, founder of start-up Vocatio, wants millennials and teens to get jobs. In trying to make this a reality, he’s also addressing a broader issue that’s vexed economists and companies: how to match available positions with the right people.

His company, currently in a testing stage, acts...


Stocks end mostly down, erasing gains from earlier in the day

Thu, 15 Mar 2018 14:05:00 PDT

Stocks finished mostly lower Thursday in another choppy day of trading after a mid-session rally faded. Industrial and technology companies rose, but smaller companies and chemical makers skidded.

Without any major economic reports or further development on issues like tariffs, stocks drifted up...