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Olympus' redesigned scope linked to infection outbreak

Doctors have tied a superbug outbreak at a foreign health facility to a medical scope that Olympus modified last year in an attempt to reduce its risk of spreading bacteria between patients. Five patients treated with the modified device tested positive for the same potentially deadly bacteria,...

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  • Loans with triple-digit APRs? No more, under California assemblyman's proposal

    Loans with triple-digit APRs? No more, under California assemblyman's proposal

    In California lending law, $2,500 is a vital number. Lenders who make loans of less than that amount are limited in the amount of interest they can charge. Lenders who make loans of $2,500 and up, though, can charge whatever the market will bear. In 2015, more than half of all loans between $2,500...

  • What we know about the electronics restrictions on some foreign flights

    What we know about the electronics restrictions on some foreign flights

    Travelers from several Muslim-majority countries found out Tuesday that they won’t be allowed to bring most electronic devices into the cabin on direct flights to Britain, which issued a directive similar to the one sent Monday by U.S. officials to nine foreign airlines. U.S. and British authorities...

  • Stocks have their worst day of the year

    Stocks have their worst day of the year

    U.S. stocks took their biggest loss in five months Tuesday as a healthcare bill backed by President Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred by lower taxes and cuts in regulations. Banks plunged as bond yields continued to...

  • Uber, trying to leave troubles behind, backs its CEO and pledges more diversity efforts

    Uber, trying to leave troubles behind, backs its CEO and pledges more diversity efforts

    After a spate of turbulence, ride-hailing giant Uber made a point Tuesday of reaffirming its loyalty to Chief Executive Travis Kalanick and its commitment to having an inclusive workplace. “It’s clear both Uber and the whole ride-sharing industry would not be where we are today without Travis,”...

  • Apple announces red iPhones and a new, cheaper iPad

    Apple announces red iPhones and a new, cheaper iPad

    Apple Inc. announced a new, cheaper iPad and Product Red special editions of its iPhone 7 and iPhone 7 Plus early Tuesday. All three products will be available to order online and in stores beginning Friday, it said. Apple’s new iPad, a refresh of its iPad Air 2, boasts a 9.7-inch Retina display,...

  • Spring air travel expected to set new record

    Spring air travel expected to set new record

    The nation’s airlines expect to set a new record for spring travel this year, with nearly 145 million travelers taking to the air. The projected number of spring travelers is a 4% increase over the nearly 140 million passengers who flew last year between March 1 and April 30 on U.S.-based airlines,...

  • Tesla to drop cheapest Model S, the 60 and 60D, from lineup

    Tesla to drop cheapest Model S, the 60 and 60D, from lineup

    Tesla is dropping the low end of its luxury Model S product lineup, months before the planned introduction of the less expensive Model 3. The electric-powered Model S sedan ranges in price from $64,000 to $128,000. The higher the price, the more powerful the battery pack. The soon-to-be discontinued...

  • FCC chief says media aren't the enemy of the people. He dodged the question earlier

    FCC chief says media aren't the enemy of the people. He dodged the question earlier

    The news media are not the enemy of the American people, the new head of the Federal Communications Commission said after dodging the question at a Senate hearing this month. “A free media is vital to our democracy,” FCC Chairman Ajit Pai wrote last week to Sen. Bill Nelson (D-Fla.), who released...

  • California Inc.: Mayor Garcetti to lay out future of Los Angeles

    California Inc.: Mayor Garcetti to lay out future of Los Angeles

    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. Where are job openings these days? Try down on the farm, where pay is rising well past...

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