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Will Hyundai's eco-friendly Ioniq woo hearts away from Prius?

Hyundai Motors, South Korea’s flagship automaker, transformed itself over the decades from bit player to global dynamo. In 1998, the company sold a mere 90,000 cheap and tinny cars to U.S. customers. But that same year, it bought Kia Motors out of bankruptcy. And last year, the two combined sold...

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  • A strong market for financial advisors

    A strong market for financial advisors

    For LPL Financial Chief Executive Mark Casady, one key to success is not losing sight of your game plan in the midst of distractions. It’s advice that can be applied to investing or to running a business. Over the last couple of years, there have been more than a few distractions for LPL Financial,...

  • Bill to protect widows from foreclosure passes in the Senate and heads to Gov. Jerry Brown

    Bill to protect widows from foreclosure passes in the Senate and heads to Gov. Jerry Brown

    A bill that would grant California widows and widowers greater protections against foreclosure heads to Gov. Jerry Brown’s desk after passing the state Senate on Wednesday. The proposal is geared at giving surviving spouses who own their home but are not on its mortgage note a better shot at obtaining...

  • Insurer pays $13.5 million to resolve federal claims over defunct Marinello beauty school

    Insurer pays $13.5 million to resolve federal claims over defunct Marinello beauty school

    An insurer for the shuttered Marinello Schools of Beauty has agreed to pay $13.5 million to settle allegations that the cosmetology school ripped off the federal student loan program, the U.S. attorney’s office said Wednesday. The federal government had alleged B&H Education of Beverly Hills, the...

  • Young kids love YouTube more than Disney and Oreo, study finds

    Young kids love YouTube more than Disney and Oreo, study finds

    A new study has determined something most astute parents already know: YouTube is the most-loved brand among young kids. The digital video service, owned by Alphabet Inc., scored highest among children 6 to 12 for the first time in market research firm Smarty Pants’ eighth annual “Brand Love” study....

  • Uber drivers' new option: Start a retirement account through the app

    Uber drivers' new option: Start a retirement account through the app

    Uber has a new tool in its arsenal to attract and retain drivers: retirement savings accounts. The San Francisco ride-hailing company announced Wednesday that it teamed up with automated investor service Betterment to offer its drivers a way to set up retirement accounts through the ride-hailing...

  • Photographer seeking $1 billion from Getty Images

    Photographer seeking $1 billion from Getty Images

    An accomplished photographer who lets the public use thousands of her images of America for free has sued the Getty Images photo agency for more than $1 billion, saying it is improperly selling her work to customers and threatening those who don't pay. The photographer, Carol Highsmith, whose work...

  • Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks closed lower Wednesday, led by sharp declines in healthcare companies as outrage escalates over the steep price hikes for Mylan's EpiPens. Trading remained quiet overall, with many investors on vacation. It was another below-average day of trading volume on the New York Stock Exchange. The...

  • Flexible work schedules reward dads, not moms, report says

    Flexible work schedules reward dads, not moms, report says

    Flexible schedules free workers from rigid hours, boosting their health and productivity. Or they kill collaboration. It depends on who you ask. Some business leaders bill a policy of flexible hours as a panacea for working parents. Why take a day off when your child has the flu if you have a laptop?...

  • Starbucks iced drinks obviously include ice, judge says, tossing lawsuit

    Starbucks iced drinks obviously include ice, judge says, tossing lawsuit

    A lawsuit that accused Starbucks Corp. of misrepresenting the sizes of its iced drinks has been dismissed by a California judge, who issued a written tongue-lashing of the plaintiff's claims. The lawsuit, filed on behalf of plaintiff Alexander Forouzesh in federal district court in California’s...

  • Automaker Karma expands SoCal presence with Irvine office lease

    Automaker Karma expands SoCal presence with Irvine office lease

    The luxury carmaker Karma Automotive, which will soon begin building its hybrid electric Revero sports cars in a massive facility in Moreno Valley, has leased space for its design studios and business offices in Irvine. The company formerly known as Fisker Automotive has agreed to lease 262,000...

  • Threat of Southland energy shortage due to Aliso Canyon fades

    Threat of Southland energy shortage due to Aliso Canyon fades

    State energy agencies say conservation and other strategies should help Southern California avoid energy shortages during the winter amid low supplies at the Aliso Canyon natural gas storage plant. That forecast stands in sharp contrast to the fears raised in the spring about possible rolling blackouts...

  • Feds sue garlic grower after a contractor's van crash kills 4 migrant workers

    Feds sue garlic grower after a contractor's van crash kills 4 migrant workers

    The U.S. Labor Department is accusing a garlic grower of violating worker safety and transportation laws in connection with a 2015 van crash that killed four farm laborers on a California Central Valley highway. The unusual move in U.S. District Court in Fresno is aimed at sending a sterner message...

  • Grad students at private schools can unionize after all, labor board decides

    Grad students at private schools can unionize after all, labor board decides

    Graduate students who assist in teaching and research at private universities are employees and have a right to union representation, the National Labor Relations Board ruled Tuesday. The 3-1 ruling overturns a 2004 NLRB decision that said graduate students were not employees covered by the National...

  • McDonald's recalls all Step-It fitness tracker toys over risk of burns

    McDonald's recalls all Step-It fitness tracker toys over risk of burns

    McDonald’s Corp. has recalled all of its Step-It activity wristband Happy Meal toys after reports that they led to numerous injuries, including blisters and skin irritation, and could cause burns. The recall involves about 33 million wristbands that were made for distribution in the U.S. and Canada,...

  • Harley-Davidson rolls out new Milwaukee Eight engine

    Harley-Davidson rolls out new Milwaukee Eight engine

    Promising more power, more comfort and more control, Harley-Davidson has unveiled a new engine called Milwaukee Eight, plus improvements in its motorcycles’ suspension systems. But don’t worry. The new engine, whose name sounds like a new beer or Tarantino movie, will retain Harley’s traditional...

  • Pfizer to pay $14 billion for Medivation, whose drug Xtandi was discovered by UCLA

    Pfizer to pay $14 billion for Medivation, whose drug Xtandi was discovered by UCLA

    Pharmaceutical giant Pfizer Inc. is paying $14 billion to buy Medivation Inc., a San Francisco biotech company that sells a high-priced prostate cancer medication discovered by UCLA. A year’s worth of the drug, Xtandi, sells for about $129,000, and the medicine has generated about $2.2 billion...

  • Wells Fargo to pay $4 million to settle charges of illegal student-loan practices

    Wells Fargo to pay $4 million to settle charges of illegal student-loan practices

    Wells Fargo has agreed to pay more than $4 million in fines and rebates over allegations that it charged illegal fees to student-loan borrowers. As part of a deal announced Monday, the San Francisco banking giant did not admit or deny wrongdoing but agreed to pay a $3.6-million penalty to the Consumer...

  • Stocks move lower in quiet trading; oil prices fall sharply

    Stocks move lower in quiet trading; oil prices fall sharply

    Stocks closed nearly flat in quiet trading Monday after drifting most of the day between gains and losses. Energy companies fell along with the price of oil while biotechnology and drug companies rose after Pfizer announced it was buying a cancer drug maker. Trading remained subdued, as it has...

  • How Kobe Bryant plans to leverage his global appeal and marketing savvy as a tech investor

    How Kobe Bryant plans to leverage his global appeal and marketing savvy as a tech investor

    Kobe Bryant has been no stranger to China, where he spends big to sponsor youth sports and education programs. His well-documented efforts led an investor in a Chinese online education start-up to reach out to him earlier this year. Two months ago, the basketball legend crossed the Pacific to meet...

  • Anaheim won't fine short-term rental companies for hosts' violations

    Anaheim won't fine short-term rental companies for hosts' violations

    Anaheim officials say they won’t enforce a new law that imposes fines on short-term rental sites for listing homes and apartments that violate the city’s rental regulations. The policy change is the latest chapter in a heated battle between the city and hundreds of short-term rental properties...

  • You can visit the first SpaceX rocket booster that blasted off and came back

    You can visit the first SpaceX rocket booster that blasted off and came back

    The first reusable rocket booster that SpaceX launched and then landed back on Earth is now on display outside the company’s Hawthorne headquarters. The towering first-stage booster, which stands 162 feet above a concrete landing pad, was installed over the weekend. People who want to visit it...

  • Bonnie Baha, manager at bond fund DoubleLine, dies at 56

    Bonnie Baha, manager at bond fund DoubleLine, dies at 56

    Bonnie Baha, an investment manager and top lieutenant to L.A. bond king Jeffrey Gundlach, died Sunday after being hit by a car in Virginia. She was 56. Baha, who spent nearly two decades at downtown Los Angeles investment firm TCW, was one of many high-ranking TCW managers who left in 2010 to join...

  • Pebble Beach 2016: Gooding finishes Monterey auction week with record sale

    Pebble Beach 2016: Gooding finishes Monterey auction week with record sale

    Gooding & Co. used the last auction of Monterey Car Week to post strong numbers and set a record — the highest-priced Bugatti ever sold. The Santa Monica-based auction company, from its tent next to the Pebble Beach golf course, captured some of the crowd leaving the just-concluded Sunday afternoon...

  • Pebble Beach 2016: 1936 Lancia takes best of show prize

    Pebble Beach 2016: 1936 Lancia takes best of show prize

    A beautifully restored pre-war Italian sports car once owned by musician Eric Clapton walked away with the best of show award at the Pebble Beach Concours d’Elegance automobile exhibition. The 1936 Lancia Astura Cabriolet, with body by design house Pinin Farina, also took the top prize in its European...

  • Pebble Beach 2016: Dawn patrol on the 18th fairway

    Pebble Beach 2016: Dawn patrol on the 18th fairway

    On the last day of Monterey Car Week, the faithful enthusiasts braved fog and chilly temperatures to stand at sunrise and watch the classic, vintage and antique automobiles roll across the grass at the historic Pebble Beach golf course, to take their places for the highly competitive Concours d’Elegance....

  • Pebble Beach 2016: Aston Martin unveils new Zagato-bodied automobiles

    Pebble Beach 2016: Aston Martin unveils new Zagato-bodied automobiles

    Aston Martin took advantage of the captive audience of auto enthusiasts on the Monterey Peninsula to introduce a pair of new Zagato-bodied cars. The English car company unveiled a Vanquish Zagato Volante during the week, and its brother Vanquish Zagato Coupe on Sunday. We took advantage of the...

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