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Self-driving trucks threaten one of America's top blue-collar jobs

Trucking paid for Scott Spindola to take a road trip down the coast of Spain, climb halfway up Machu Picchu, and sample a Costa Rican beach for two weeks. The 44-year-old from Covina now makes up to $70,000 per year, with overtime, hauling goods from the port of Long Beach. He has full medical...

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  • It's strange Yahoo took 2 years to discover a data breach, security experts say

    It's strange Yahoo took 2 years to discover a data breach, security experts say

    When Yahoo reported Thursday that hackers had breached its databases and gained access to users’ emails, dates of births, encrypted passwords and security answers, cybersecurity experts weren’t surprised. Cyberattacks are, after all, now par for the course, and no company is immune.  But what struck...

  • American Apparel is losing CEO Paula Schneider, who was supposed to turn it around

    American Apparel is losing CEO Paula Schneider, who was supposed to turn it around

    Paula Schneider, the chief executive tasked with turning around American Apparel Inc.'s flagging business, is leaving, according to two sources close to the company. Chelsea Grayson, the company’s general counsel and chief administrative officer, will take the reins as CEO on Oct. 3 — opening yet...

  • Stocks move lower as energy and tech shares fall

    Stocks move lower as energy and tech shares fall

    U.S. stock indexes closed moderately lower Friday after three days of gains. Several technology stocks traded heavily, including Yahoo, Twitter and Facebook. Energy stocks fell along with a steep decline in the price of oil. The Dow Jones industrial average sank 131.01 points, or 0.7%, to 18,261.45....

  • Salesforce, Google may be interested in buying Twitter

    Salesforce, Google may be interested in buying Twitter

    Shares of Twitter Inc. surged Friday after reports that the social media company could receive a formal bid soon. Citing unnamed sources, CNBC reported that Twitter has received “expressions of interest” from several tech companies and was “engaged in conversations with potential suitors.” Those companies...

  • SpaceX explosion: 'Large breach' took place in helium system in second stage of rocket

    SpaceX explosion: 'Large breach' took place in helium system in second stage of rocket

    Early analysis of debris and data from SpaceX’s launch pad explosion suggests that a “large breach” took place in the cryogenic helium system of the rocket’s second-stage liquid oxygen tank, the space company said Friday. The Hawthorne space company said it still has not determined the root of...

  • World's airlines on pace to pocket record $39 billion in profits

    World's airlines on pace to pocket record $39 billion in profits

    Noted investor Warren Buffett once warned that investing in airlines was “a death trap.” He may be rethinking his view on the airline industry now that the trade group for the world’s carriers has predicted that the industry will pocket a record $39.4 billion this year. Alexandre de Juniac, director-general...

  • Marriott closes $13-billion purchase of Starwood to become world's largest hotel chain

    Marriott closes $13-billion purchase of Starwood to become world's largest hotel chain

    Several of the best-known names in travel are now united in one hotel company. Marriott International closed Friday morning on its $13-billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz-Carlton brands with Starwood’s Sheraton, Westin,...

  • Here are some tax breaks and loan options to help pay for college

    Here are some tax breaks and loan options to help pay for college

    Your child has selected a college, and now comes the fun part: figuring out how to pay for it. Because the four-year cost of college can range from $100,000 to $280,000 per child, parents must have a plan for how to fund their children’s higher education.  First, a suggestion: Manage your children’s expectations...

  • What you should do if you have a Yahoo account

    What you should do if you have a Yahoo account

    Yahoo confirmed Thursday that at least 500 million user accounts had been affected by a massive breach. Here are some answers to basic questions that you may have about the breach. What information has been hacked? Yahoo's chief information security officer, Bob Lord, said in a blog post that account...

  • 2016 Toyota Mirai: A fuel cell phenom hits the road running

    2016 Toyota Mirai: A fuel cell phenom hits the road running

    The world’s car companies are all reaching for the same holy grail: a good-running, zero-emissions vehicle that has long driving range. And is affordable. And can be refueled quickly. Toyota’s latest entry is an electric-motor vehicle that boasts a range of 312 miles and can be refueled in three...

  • Stocks rise, led by high-dividend sectors

    Stocks rise, led by high-dividend sectors

    Stocks posted solid gains Thursday as investors, comfortable that the Federal Reserve will keep interest rates low for now, bought up stocks that pay big dividends. Real estate companies rose as investors looked for income. So did telecom stocks, which also typically pay higher-than-average dividends....

  • LinkedIn wants its new Learning tool to help you keep your job

    LinkedIn wants its new Learning tool to help you keep your job

    LinkedIn has long been the social network of choice for people looking for a job. Now the strait-laced cousin of Facebook also wants to be the social network for people looking to keep the jobs they already have. On Thursday, the San Francisco firm announced LinkedIn Learning, a feature that offers...

  • Mylan CEO blames rising cost of the EpiPen on 'opaque' industry pricing

    Mylan CEO blames rising cost of the EpiPen on 'opaque' industry pricing

    Lawmakers blasted the chief executive of the maker of EpiPens at a House hearing Wednesday, saying the company’s price hikes of more than 500% were stopping families from keeping their children safe. “Do you have a guilty conscience about any of this?” Rep. Scott DesJarlais (R-Tenn.) asked Mylan...

  • U-2 crash shows why some want drones to replace spy planes

    U-2 crash shows why some want drones to replace spy planes

    The crash of a U-2 spy plane that killed one pilot and injured another during a Tuesday training mission could bolster arguments in favor of unmanned systems, as the long battle against the decades-old plane’s retirement winds closer to an end. However, analysts said the crash, which occurred in...

  • O.C. Register moving from Santa Ana to make way for development

    O.C. Register moving from Santa Ana to make way for development

    The Orange County Register, which has called Santa Ana home for 111 years, will move to Anaheim next year, the paper announced Wednesday. The move to a location near Angel Stadium comes after Digital First Media purchased the Register and its sister paper, the Riverside Press-Enterprise, from Freedom...

  • Pointing at SpaceX explosion, ULA says Pentagon contracts shouldn't just go to lowest bidder

    Pointing at SpaceX explosion, ULA says Pentagon contracts shouldn't just go to lowest bidder

    The recent explosion of a SpaceX rocket should raise concerns about going with the lowest bidder on sensitive national security launch contracts, the chief of the United Launch Alliance wrote in a letter to top Pentagon officials this month. Tory Bruno, ULA's chief executive, urged the Air Force...

  • Stocks jump after Federal Reserve leaves interest rates unchanged

    Stocks jump after Federal Reserve leaves interest rates unchanged

    U.S. stocks climbed Wednesday as investors felt relieved that the Federal Reserve once again left interest rates unchanged. That sent dividend-paying stocks higher. Energy companies jumped with the price of oil. Stocks made a big gain after the Fed's decision, which ended weeks of confusion for...

  • These HD TV sets use more energy than you'd expect, group alleges

    These HD TV sets use more energy than you'd expect, group alleges

    An environmental group is accusing three major television manufacturers of misleading consumers and regulators about how much energy their high-definition screens devour and that sets from two of the companies are designed to draw less power during government testing than in ordinary use. The report...

  • Priscilla Chan and Mark Zuckerberg pledge $3 billion to fight diseases

    Priscilla Chan and Mark Zuckerberg pledge $3 billion to fight diseases

    After investing millions of dollars in education and opening their own private K-12 school this year, pediatrician Priscilla Chan and her husband, Facebook founder Mark Zuckerberg, announced Wednesday that they will invest $3 billion over the next decade to fight diseases. The funds will come...

  • Tesla to release Autopilot update under shadow of security hack

    Tesla to release Autopilot update under shadow of security hack

    Hacking into a phone is unlikely to physically hurt the victim. But hacking into a car? A security research team in China hacked into a Tesla Model S and said they took over the car’s brakes from 12 miles away. A video released this week shows members of the research team being thrust forward as...

  • McLaren refutes report that it is in talks with Apple

    McLaren refutes report that it is in talks with Apple

    Not so fast. High-performance car company McLaren is putting the brakes on a report that it was in talks to get acquired by Apple Inc.  The story, reported by the Financial Times, said the two firms have been talking for several months about plans to have Apple make a strategic investment in the...

  • Cyberattacks against companies don't hurt them much financially, Rand study finds

    Cyberattacks against companies don't hurt them much financially, Rand study finds

    The soaring number of cyberattacks against American companies is causing comparatively little financial damage, which is discouraging many businesses from beefing up security, Rand Corp. said in a study released this week. Rand researchers estimated that a typical computer breach costs a company...

  • Samsung says replacements for recalled Galaxy Note 7 phones will be available Wednesday

    Samsung says replacements for recalled Galaxy Note 7 phones will be available Wednesday

    Samsung Electronics Co. says new Galaxy Note 7 smartphones will be available in U.S. stores starting Wednesday to replace about 1 million devices that are being recalled because their batteries can catch fire. The South Korean company has been scrambling to fix problems caused by faulty batteries...

  • Stocks creep higher as Federal Reserve meeting starts

    Stocks creep higher as Federal Reserve meeting starts

    U.S. stocks inched higher Tuesday in another cautious day of trading as investors kept an eye on central banks in the U.S. and Japan. Healthcare and household goods companies led the way, while energy companies slipped. Major market indexes were higher all day but returned most of those gains at...

  • SeaWorld suspends dividend payments to investors

    SeaWorld suspends dividend payments to investors

    SeaWorld Entertainment Inc. revealed more bad news for investors: It is suspending its quarterly stock dividend. The company said late Monday that it will pay one more dividend next month of 10 cents, down from the previous 21 cents. It said it expects to “redeploy the additional capital to shareholders...

  • Unilever to acquire green-products company Seventh Generation

    Unilever to acquire green-products company Seventh Generation

    Consumer products giant Unilever is making a push into green household products by acquiring Seventh Generation, a maker of plant-based detergents and cleaners. The deal, announced Monday, likely extinguishes the hopes of Honest Co., the Santa Monica start-up that had also reportedly been in preliminary...

  • Protests filed over PG&E plan to shut down Diablo Canyon nuclear plant

    Protests filed over PG&E plan to shut down Diablo Canyon nuclear plant

    It's been less than three months since Pacific Gas & Electric, along with an assortment of groups including environmentalists, announced its intention to shut down the last remaining nuclear power plant in California — Diablo Canyon. Now the protests have been filed. And the groups complaining...

  • Which fast-food chains served the meat and held the antibiotics?

    Which fast-food chains served the meat and held the antibiotics?

    Panera Bread and Chipotle Mexican Grill passed with flying colors, but KFC and Olive Garden were among the laggards in commitments to eliminate medically important antibiotics from their meat and poultry supply chains, according to a new report. Strong progress nonetheless was made across the top...

  • Premium gas provides no benefit to cars that use regular, AAA study finds

    Premium gas provides no benefit to cars that use regular, AAA study finds

    Research by AAA has found that motorists wasted $2.1 billion in 2015 buying premium gasoline for cars that don't require it. Using tests designed to evaluate vehicle performance, fuel economy and emissions, AAA researchers said they found no benefit to using premium gasoline in a vehicle that only...

  • U.S. to release guidelines on driverless vehicles

    U.S. to release guidelines on driverless vehicles

    Any doubt that driverless cars, trucks and buses are on a fast track to join their human counterparts on the nation’s highways may be knocked aside Tuesday, when the Department of Transportation releases long-awaited guidelines for the development of autonomous cars. The guidelines, which specify...

  • Judge tells Hanjin Shipping to relinquish all of its chartered vessels

    Judge tells Hanjin Shipping to relinquish all of its chartered vessels

    A South Korean judge early Monday morning ordered Hanjin Shipping Co. to return all of its chartered ships to their owners as a part of the company’s bankruptcy proceeding, a company executive said. Hanjin filed for bankruptcy on Aug. 31 and recently began unloading cargo at ports across the globe,...

  • Southern California home sales jump in August

    Southern California home sales jump in August

    Southern California home sales hit a 10-year high in August, indicating demand remains strong despite the soaring cost of housing in the region. Buyers in the six-county area scooped up 23,278 new and existing houses and condos in August, nearly 10% more than a year earlier, data firm CoreLogic...

  • Rising Obamacare premiums are still lower than employer-sponsored health insurance

    Rising Obamacare premiums are still lower than employer-sponsored health insurance

    People who warn that President Obama's healthcare law is in dire straits often point to rising health insurance premiums as proof. Sen. John McCain (R-Ariz.) has called premium increases on Affordable Care Act exchanges "astronomically high." Sen. Ron Johnson (R-Wis.), said premiums have "skyrocketed."...

  • Southern California gas prices may spike soon. Here's why

    Southern California gas prices may spike soon. Here's why

    A widespread Southern California Edison power outage early Monday forced the shutdown of the Torrance refinery, raising concerns that gasoline prices throughout Southern California may see a temporary spike. The power outage at 3:31 a.m. cut electricity to 57,582 customers in Gardena, Hawthorne,...

  • Stocks finish mostly lower after a wobbly day

    Stocks finish mostly lower after a wobbly day

    U.S. stocks wobbled and finished mostly lower Monday as investors waited for central bank meetings in the United States and Japan. Healthcare and technology companies took some of the biggest losses. Banks rose.  Investors were indecisive as leaders of the U.S. Federal Reserve and the Bank of Japan...

  • Tesla Watch: Merger with SolarCity is challenged; Autopilot upgrade is panned

    Tesla Watch: Merger with SolarCity is challenged; Autopilot upgrade is panned

    Lawsuits could delay Tesla Motors’ proposed merger with SolarCity. In an SEC filing released Monday, Tesla said the merger is being challenged in four separate lawsuits that were filed in early September. The main claims: Tesla and SolarCity breached their fiduciary duties to shareholders, and...

  • Samsung says exploded Note 7 phone in China had no battery problem

    Samsung says exploded Note 7 phone in China had no battery problem

    Early on Monday, it seemed Samsung Electronics Co.’s smartphone problems had expanded to China, the world’s largest mobile market: Two people posted accounts on Chinese social media saying their Galaxy Note 7 handsets exploded over the weekend.   But Samsung said its investigation into the first...

  • How to spend $70 million entertaining the under-35 crowd

    How to spend $70 million entertaining the under-35 crowd

    Good news for people who like funny dogs, sexy NFL quarterbacks and innovations pertaining to macaroni and cheese. Online publisher Defy Media, which attracts millions of young adults and teenagers to such goofy information, announced last week that it picked up $70 million from investors. And...

  • Is the Fed politically biased? Look at its interest-rate decisions as elections near

    Is the Fed politically biased? Look at its interest-rate decisions as elections near

    The presidential election was exactly four weeks away and Federal Reserve policymakers were wrestling with the potential political blowback of lowering a key interest rate to stimulate the economy. One official said he “thought it was conventional wisdom that we weren’t expected to act so close...

  • Lyft president predicts a driverless future, says Tesla has it all wrong

    Lyft president predicts a driverless future, says Tesla has it all wrong

    Lyft president John Zimmer predicts that his company’s ride-hailing fleet of cars will be mostly autonomous within five years, and that “private car ownership will all but end in major U.S. cities” by 2025. Zimmer also called out fellow transportation disruptor Elon Musk, saying the Tesla CEO is...

  • Hanjin bankruptcy is the tip of the iceberg for flailing shippers

    Hanjin bankruptcy is the tip of the iceberg for flailing shippers

    For the last five years, top shipping companies pushed forward with fat investments in more and bigger vessels, even as signs of trouble piled up. The goal was to shore up profits by doing business on a larger scale as global trade bounced back after the recession. But the new business never came....

  • Why doesn't the attorney general help with association complaints?

    Why doesn't the attorney general help with association complaints?

    Question:  After moving into my condo 15 years ago I attended a board meeting with several fed-up owners complaining of many unresolved problems. I thought things would change; I was wrong, nothing changed. I began a letter-writing campaign to all 75 homeowners to get the board to see the folly...

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