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  • Mitsubishi Outlander PHEV is plug-in, off-road ready

    Mitsubishi Outlander PHEV is plug-in, off-road ready

    It was an offer too good to refuse: Take a helicopter ride from Long Beach to Avalon, then spend the day driving the unpaved back roads of Santa Catalina Island in an SUV. It didn’t matter that the exploring would be done in a Mitsubishi. With an invitation to explore some of the “no cars allowed”...

  • Lower drug prices? Trump has one idea, but insurance giant Anthem has another

    Lower drug prices? Trump has one idea, but insurance giant Anthem has another

    The sky-high cost of prescription meds was back in the spotlight this week. First, President Trump said drug prices “are out of control” and drug companies are “getting away with murder.” Then came news that the country’s second-largest health insurer, Anthem, will partner with CVS to launch its...

  • Stocks’ last-minute rebound nudges S&P 500 and Dow to new highs

    Stocks’ last-minute rebound nudges S&P 500 and Dow to new highs

    A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market's winning streak and milestone-setting run. The Standard & Poor's 500 index and Dow Jones industrial average closed higher for the fifth straight day, each posting new highs. The other indexes finished...

  • Workers' lawsuit accuses ritzy Terranea Resort of wage theft

    Workers' lawsuit accuses ritzy Terranea Resort of wage theft

    Workers at the Terranea Resort in Rancho Palos Verdes have sued the ritzy hotel, contending they aren’t paid for the time they spend waiting to get uniforms before each shift and being driven on a bus from a remote parking lot. The lawsuit, filed Thursday in Los Angeles County Superior Court, names...

  • Vernon battery maker's portable charger can quick-charge a smartphone 10 times

    Vernon battery maker's portable charger can quick-charge a smartphone 10 times

    Electric vehicles are the main market for Romeo Power Technology, the Vernon-based lithium-ion battery pack startup. But the company is also using its know-how to make portable battery packs for individuals. On Thursday it introduced the Saber, a ruggedized 2.2-pound bar-shaped device the company...

  • Dow closes above 23,000 as stock indexes set new highs

    Dow closes above 23,000 as stock indexes set new highs

    A day of modest gains on Wall Street resulted in more milestones for U.S. stocks Wednesday as the Dow Jones industrial average closed above 23,000 points for the first time. The Standard & Poor's 500 index and Nasdaq composite also finished at record highs. Technology stocks and financial companies...

  • LA Weekly is being sold to Semanal Media, a mysterious new company

    LA Weekly is being sold to Semanal Media, a mysterious new company

    LA Weekly’s owner, Voice Media Group, has agreed to sell the alternative weekly newspaper as it sheds print assets and focuses on its digital business, a representative for Voice Media confirmed Wednesday. The buyer, Semanal Media, is a new entity created for the purpose of this transaction, said...

  • Harvey Weinstein's company gets a financial lifeline as he faces new criminal probe

    Harvey Weinstein's company gets a financial lifeline as he faces new criminal probe

    The Weinstein Co., reeling from sexual harassment and rape allegations against ousted co-founder Harvey Weinstein, has secured some much-needed financial relief from Los Angeles billionaire Thomas Barrack. The mini-studio announced Monday that it has entered into an agreement for Barrack’s private...

  • FTC and 11 states crack down on student loan scams

    FTC and 11 states crack down on student loan scams

    Federal and state officials have launched the first national crackdown on companies that they say gouge student loan borrowers, accusing the companies of taking more than $95 million in illegal fees in recent years and falsely promising debt relief. The Federal Trade Commission, 11 states and the...

  • Hundreds of Tesla workers were let go for subpar performance, the company says

    Hundreds of Tesla workers were let go for subpar performance, the company says

    Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The San Jose Mercury News, which broke that story, said Tesla...

  • Nordstrom suspends its plan to go private

    Nordstrom suspends its plan to go private

    An effort to take Nordstrom Inc. private has halted, at least temporarily. In June, members of the Nordstrom family — including company co-Presidents Blake, Peter and Erik Nordstrom — said they were thinking about acquiring the approximately 70% of the stock they don't already own. Going private...

  • Netflix sinking deeper into debt to fuel subscriber growth

    Netflix sinking deeper into debt to fuel subscriber growth

    Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service. The big burden that Netflix is shouldering hasn't been a major concern on Wall Street so far, as CEO Reed...

  • Stocks edge up, extending their winning streak

    Stocks edge up, extending their winning streak

    U.S. stocks posted modest gains Monday, extending a record-setting run into a sixth straight week. Financial and technology companies notched some of the biggest gains. Energy stocks rose as crude oil prices went up. Healthcare companies declined the most. Bond prices fell. The three major stock...

  • Colin Kaepernick certainly seems to be the victim of collusion. But can he prove it?

    Colin Kaepernick certainly seems to be the victim of collusion. But can he prove it?

    By any reasonable metric of professional sports, the failure of any of the 32 National Football League teams to employ quarterback Colin Kaepernick is either an indication of mass stupidity or a scandalous violation of the league’s union agreement. Kaepernick believes it’s the latter, as is shown...

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  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • Think outside the bank: How to get a business loan online

    Think outside the bank: How to get a business loan online

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish and high-performance bikes based in Venice Beach, California....

  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

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