TOP BUSINESS NEWS

The IRS gave a total of nearly $1.1 million in bonuses to more than 1,146 employees who had been disciplined for failing to pay taxes, report says.

IRS workers who failed to pay taxes got bonuses, report says

WASHINGTON — It's not difficult to get a bonus if you work for the Internal Revenue Service — even if you haven't paid your own taxes.

The IRS handed out a total of...

General Motors' giant recall scandal looks to have a silver lining for GM dealers — millions of dollars in lucrative repair bills that their...

WASHINGTON — Netflix Inc. and other Internet companies may soon be able to pay for a faster road online for streaming movies and other content...

One of the most desirable pieces of real estate in the country — the site of a former department store in Beverly Hills — is on the market...

Talk of Silicon Valley losing steam was put on hold as two technology titans, Apple Inc. and Facebook Inc., tallied better-than-expected quarterly...

as of
DJIA
16501.65
-12.72
4/23/2014
NASDAQ
4126.97
-34.491
4/23/2014
S&P500
1875.39
-4.16
4/23/2014
QUOTE:
Resurrecting a stealthy giant

Resurrecting a stealthy giant

A 2010 fire on a B-2 stealth bomber in Guam left it heavily damaged. That sparked a four-year — and largely secretive — mission to repair the costly warplane.

Silicon Valley satire nails the culture, geeks say

Silicon Valley satire nails the culture, geeks say

Going for laughs but devoted to accuracy, a TV satire gets high marks from Bay Area techie savants.

Gabriel Garcia Marquez, 1927-2014

Gabriel Garcia Marquez, 1927-2014

No literary experience is rarer than reading a book that changes the way you see the world. "War and Peace" will change the way you look at the...

Cheerios maker gets bowled over

Cheerios maker gets bowled over

General Mills, maker of Cheerios and Wheaties, thinks it deserves credit for reversing itself after quietly trying to strip customers of their...

MORE BUSINESS NEWS

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan adopts 'poison pill' defense in Valeant takeover bid

Takeover target Allergan Inc., the company that makes Botox, has adopted a "poison pill" defense intended to delay a buyout by Canadian...

Boeing profit falls 12.7% but it tops analyst forecasts

Boeing profit falls 12.7% but it tops analyst forecasts

Boosted by strong sales, Boeing Co. beat analysts' estimates for its first quarter largely because of faster production of commercial...

Irvine bank to buy Popular branches

Irvine bank to buy Popular branches

Banc of California, a growing community bank in Irvine, is doubling its footprint in Southern California as it joins a new wave of smaller...

Stock close mostly lower, ending six-day rally

Stock close mostly lower, ending six-day rally

Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors reacted to another round of quarterly earnings...

Banc of California gets 20 Popular Community branches, Latino presence

Banc of California gets 20 Popular Community branches, Latino presence

Banc of California in Irvine is acquiring Popular Community Bank's 20 Southern California offices, part of a deal in which Popular Inc.,...

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan Inc., the Irvine company that makes Botox, has adopted a "poison pill" defense that could make it more difficult for Canadian...

Eastwood starts shooting 'American Sniper' at Santa Clarita ranch

Eastwood starts shooting 'American Sniper' at Santa Clarita ranch

Clint Eastwood's latest movie, "American Sniper," kicked off with a bang in Los Angeles County this week.

NBC turnaround and Winter Olympics help lift Comcast earnings

NBC turnaround and Winter Olympics help lift Comcast earnings

The NBC broadcast network, after trailing in the ratings for nearly a decade, could finish the TV season in first place among viewers prized...

Lacking sufficient lodging, L.A. tourism growth lags rivals

Lacking sufficient lodging, L.A. tourism growth lags rivals

In the battle for tourists, Los Angeles is losing ground to rivals Orlando, Fla., New York, and Chicago.

Two L.A. Asian American banks near top of national stock ratings

Two L.A. Asian American banks near top of national stock ratings

Two of Los Angeles' many Asian American banks ranked near the top of analysts' national lists of bank stocks that investors should buy, a...

UC OKs paying surgeon $10 million in whistleblower-retaliation case

UC OKs paying surgeon $10 million in whistleblower-retaliation case

University of California regents agreed to pay $10 million to the former chairman of UCLA's orthopedic surgery department, who had alleged...

 Allergan stock climbs amid $46-billion bid

Allergan stock climbs amid $46-billion bid

Canadian company Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman moved forward with their plans to acquire...

Suit alleges shoe boxes contain ingredient in rat repellent

Suit alleges shoe boxes contain ingredient in rat repellent

A major manufacturer of anti-fungal products has filed suit in Los Angeles against a competitor, contending that hundreds of thousands of...

Supreme Court justices appear conflicted over Aereo copyright case

Supreme Court justices appear conflicted over Aereo copyright case

WASHINGTON — Confronting a case that could reshape the television broadcast industry, Supreme Court justices sounded conflicted...

U.S.-Japan squabble over beef threatens Trans-Pacific Partnership

U.S.-Japan squabble over beef threatens Trans-Pacific Partnership

WASHINGTON — After more than four years and 20 rounds of negotiations, the world's biggest free-trade deal in a generation has come...

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BUSINESS BLOGS

Ronald McDonald gets a makeover, loses jumpsuit, takes on Twitter

Woman who sued TSA over breast milk wins settlement

Is Tesla planning another electric car factory in California?

It's 'Game Over' as Zynga founder Mark Pincus leaves company

Union demands passage of wage-theft bill

Apple shares surge as second-quarter revenue tops forecasts

Facebook blows past estimates, reports big gains in revenue and profit

2 poker buddies, ex-Nvidia worker cited in insider trading scheme

Next Apple TV will come with Siri voice assistant, report says

IRS workers got $1.1 million in bonuses despite owing back taxes

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