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  • 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...

  • When banks play unfairly, consumers want chance to be heard in court

    When banks play unfairly, consumers want chance to be heard in court

    The vast majority of consumers want to know they can seek their day in court if they get in a beef with a bank. That’s the main takeaway of a report last week from the Pew Charitable Trusts, which examined so-called mandatory arbitration clauses in bank contracts. These are the provisions that...

  • 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...

  • California Inc.: Apple reality show features coding for dollars

    California Inc.: Apple reality show features coding for dollars

    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. Some good news Friday on the home front: California again put up solid employment numbers...

  • 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...

  • Management has a duty to maintain careful custody of payments for HOA dues

    Management has a duty to maintain careful custody of payments for HOA dues

    Question: Our management company sometimes delays posting monthly dues payments by homeowners for two weeks. These “late” payments generate late charges to the owner’s account. The company also misplaces homeowners’ monthly payment checks, leading to more late charges. Management has issued a notice...

  • Pebble Beach 2016: The Concours d'LeMons celebrates the best of the worst

    Pebble Beach 2016: The Concours d'LeMons celebrates the best of the worst

    Celebrating “the best examples of the worst automobiles or the worst examples of the best automobiles,” the eighth annual Concours d’LeMons was held in Seaside, Calif., to honor the ugliest cars on the Monterey Peninsula. Held the same week that sees the most elegant automobiles ever built competing...

  • Cooking his way to better health — and a restaurant empire

    Cooking his way to better health — and a restaurant empire

    The gig: Young Lee, 56, is chief executive of the Flame Broiler, a Santa Ana-based fast-casual restaurant chain. Lee opened the first Flame Broiler restaurant in 1995. More than two decades later, the company has expanded to 180 locations — nearly all of them operated by franchisees in five states....

  • Pebble Beach 2016: Saturday night auctions fail to meet 2015 levels

    Pebble Beach 2016: Saturday night auctions fail to meet 2015 levels

    Auction action on the run-up to Pebble Beach was more lively Saturday night, generally the biggest night of the Monterey Car Week sales events, with cumulative totals now at $288 million. That figure was reached largely on the backs of Italian cars. Saturday night’s RM Sotheby’s auction saw a 1939...

  • Americans split on whether to tip hotel staff

    Americans split on whether to tip hotel staff

    If you are unsure whether to tip your hotel housekeeper, you are not alone. There is no consensus among Americans travelers about which, if any, hotel staffer should get a tip, according to a survey commissioned by the travel company Expedia. The survey of more than 1,000 American travelers found...

  • Airlines battle for business travelers with ultra-luxurious suites

    Airlines battle for business travelers with ultra-luxurious suites

    The battle among airlines to win over the big-spending business traveler intensified this week, with Delta Air Lines announcing a business class section of private suites on long-haul flights. Delta’s plan to roll out its so-called Delta One section on the carrier’s new A350 jets, starting next...

  • Pebble Beach 2016: 1953 Ferrari takes Best of Show honors at the Quail

    Pebble Beach 2016: 1953 Ferrari takes Best of Show honors at the Quail

    A 1953 Ferrari 375 MM Pinin Farina Spider won Best of Show honors at the 14th annual meeting of the Quail. The all-day Friday affair, which organizers describe as “a very grand garden party” that happens to also include 250 classic cars and a Concours-style competition, took place at the Quail...

  • Mariah Carey ad is too racy for Bob Hope Airport but not for John Wayne Airport

    Mariah Carey ad is too racy for Bob Hope Airport but not for John Wayne Airport

    Mariah Carey will appear in a series of concerts at the Colosseum at Caesars Palace in Las Vegas this month but you probably won’t see any ads for her shows at Bob Hope Airport in Burbank. The Burbank-Glendale-Pasadena Airport Authority, which runs the facility, decided last week that a proposed ad for...

  • Pebble Beach 2016: Multimillion-dollar race cars zoom into auction record books

    Pebble Beach 2016: Multimillion-dollar race cars zoom into auction record books

    Two vintage race cars set sales records Friday night as the Monterey Car Week automobile auctions got up to full speed. A 1955 Jaguar D-Type car, a winner at the 1956 24 Hours of Le Mans international competition, was sold at an RM Sotheby’s event for $19.8 million ($21.7 million, with auction...

  • Uber drivers don't need Green Dot accounts for daily payments anymore

    Uber drivers don't need Green Dot accounts for daily payments anymore

    Earlier this year, ride-hailing giant Uber started allowing its drivers to get paid daily, or even several times a day, rather than weekly — but only if they had accounts with GoBank, a unit of Pasadena prepaid debit card issuer Green Dot Corp. Following the introduction of that program, called...

  • Lyft cancels car-pool feature amid report company has sought a buyer

    Lyft cancels car-pool feature amid report company has sought a buyer

    Lyft hit pause on its commuter carpool feature on Friday, citing the lack of driver opt-in for its failure. The news, first reported by Forbes, came just hours after the New York Times reported that the ride-hailing company had in recent months sought and failed to secure a buyer. "There is no...

  • California's job growth continues in July, but unemployment rises

    California's job growth continues in July, but unemployment rises

    California again put up solid employment numbers in July, adding 36,400 new positions in a month that also brought stellar job news for the nation overall.  But the state’s unemployment rate went up for the second month in a row, rising to 5.5% in July from 5.4% in June, according to state data...

  • Beyond Uber, Volvo and Ford: Other automakers' plans for self-driving vehicles

    Beyond Uber, Volvo and Ford: Other automakers' plans for self-driving vehicles

    What a big week it was for driverless cars. Ford Motor Co. announced that it would put fully driverless vehicles, without steering wheels or pedals, on the road by 2021. Uber said it would start offering autonomous rides in Pittsburgh – with an Uber employee at the wheel, just in case – by the...

  • Stocks slip as energy companies slide

    Stocks slip as energy companies slide

    U.S. stocks took small losses Friday to end a quiet week of trading. Energy companies fell as a rally in oil prices faded and investors continued to sell the traditionally safer assets they favored earlier this year. Technology and materials companies made small gains. Stocks were lower all day....

  • Pebble Beach 2016: Around the Quail with race legend Jackie Stewart

    Pebble Beach 2016: Around the Quail with race legend Jackie Stewart

    British racing legend Sir Jackie Stewart was on hand early Friday morning at the Quail, one of Monterey Car Week’s most exclusive gatherings. On the grounds of the Quail Lodge and Golf Club, where some of the world’s most passionate auto enthusiasts had paid $600 to watch some of the world’s wealthiest...

  • Pebble Beach 2016: Classic-car auctions start slowly

    Pebble Beach 2016: Classic-car auctions start slowly

    The first night of automobile auctions at this year’s Monterey Car Week ended with more of a whimper than a bang, with only two companies dropping the gavel and no surprising sales figures. Mecum and Russo and Steele both held Thursday night auctions in Monterey. The combined total for the two...

  • Pebble Beach 2016: Cadillac and Mercedes unveil concept cars

    Pebble Beach 2016: Cadillac and Mercedes unveil concept cars

    Monterey Car Week has traditionally been about old cars — vintage cars in rallies, antique cars at auction, historic cars on the race track, culminating with the classic car beauty pageant at the Pebble Beach Concours D’Elegance. But increasingly the event has become a platform for new cars, as...

  • Harley-Davidson fined $15 million for air-polluting racing tuners

    Harley-Davidson fined $15 million for air-polluting racing tuners

    Harley-Davidson Inc. agreed Thursday to pay $15 million to settle a U.S. government complaint over racing tuners that caused its motorcycles to emit higher-than-allowed levels of air pollution. Harley-Davidson manufactured and sold about 340,000 Screamin' Eagle Pro Super Tuners since 2008 that...

  • Twitter offers two new settings, including 'quality filter'

    Twitter offers two new settings, including 'quality filter'

    Twitter has announced two new settings that will allow users to control what they see in their feeds and what notifications they receive. Twitter says in a blog post that it has modified its notification settings to include the ability to see only notifications from people they follow. It's also...

  • Review: 2017 Bentley Bentayga offers big bang for big bucks

    Review: 2017 Bentley Bentayga offers big bang for big bucks

    In 2011, Bentley’s new CEO decided to get into the luxury SUV market. Wolfgang Durheimer, the incoming boss, had migrated across parent company Volkswagen Group from the Porsche division. He saw what the popular Cayenne crossover had done for Porsche’s bottom line. Durheimer gave the Bentley engineers...

  • A backup plan may set your job search up to fail

    A backup plan may set your job search up to fail

    Landing your dream job is a daunting prospect for anyone. So you might be forgiven for thinking that the smartest thing to do when pursuing an ambitious career is also thinking up a Plan B, in case your Plan A goes wrong. Right? Making plans is usually thought to be a good thing, and having a backup...

  • Judge rejects Uber’s $100-million class-action settlement, calling it unfair to drivers

    Judge rejects Uber’s $100-million class-action settlement, calling it unfair to drivers

    A federal judge rejected Uber’s proposed $100-million bid to settle a class-action lawsuit involving the employment status of drivers, describing the sum as “not fair, adequate, and reasonable." The San Francisco ride-hailing company had offered to pay drivers $84 million and an additional $16...

  • Safety rules are still being formed as self-driving technology marches ahead

    Safety rules are still being formed as self-driving technology marches ahead

    The top U.S. highway safety regulator, Mark Rosekind, last month said of self-driving cars: “We are literally seeing the future being created in front of us.” Uber Technologies Inc. and Ford Motor Co. this week proved Rosekind’s point. They announced plans to roll out autonomous vehicles and thus...

  • Pebble Beach 2016: Monterey Auction action gets going

    Pebble Beach 2016: Monterey Auction action gets going

    MONTEREY — Sales totals at this week’s Monterey classic car week auctions should fall a little below last year’s $396 million, says one of the industry’s keenest eyes. But not much. Classic car insurer and valuer McKeel Hagerty, CEO of Hagerty Insurance Agency, believes totals may fall by 7% and...

  • A parents guide to insurance for college students

    A parents guide to insurance for college students

    Saying the last goodbye in the dorm parking lot, you realize more than ever that you can’t protect your child from every risk. It’s time to let go. But back at home, you can assemble a strong financial safety net. Knowing what your current insurance will pay for — and whether you need to buy extra...

  • Why is this GE ad outperforming almost every other Olympics spot?

    Why is this GE ad outperforming almost every other Olympics spot?

    An advertising campaign that has held the attention of Olympics viewers longer than almost any other spot on television does not feature athletes, or their parents, or cars. It’s set on a factory floor. But the latest campaign by General Electric cuts to the heart of a crucial issue for companies...

  • Stocks edge higher as oil prices rise; dollar weakens

    Stocks edge higher as oil prices rise; dollar weakens

    U.S. stocks again ticked higher Thursday as the continuing rebound in oil prices gave energy companies a lift. The gains were modest, however, as investors have been avoiding big moves. The dollar weakened further, and against the yen it's at its lowest in almost three years. Stocks wobbled in...

  • Gannett reportedly sweetens its offer to buy Tronc

    Gannett reportedly sweetens its offer to buy Tronc

    Three months after its last offer was spurned, Gannett Co. is reportedly back with an increased bid to buy Tronc Inc., the newspaper chain formerly known as Tribune Publishing, which owns the Los Angeles Times. Gannett left its rejected $15-a-share bid on the table since May, waiting for Tronc's...

  • T-Mobile is phasing out data limits — but watch out for higher prices

    T-Mobile is phasing out data limits — but watch out for higher prices

    T-Mobile is phasing out data limits and pushing people toward unlimited data plans — which will mean higher prices for many new customers. Although T-Mobile is cutting the price of the unlimited plan, those who haven't been using that much data might eventually pay more for unlimited data they...

  • Why Panda Express and the chork go hand in hand: Both are more American than Chinese

    Why Panda Express and the chork go hand in hand: Both are more American than Chinese

    Last week, Panda Express unveiled its first-ever take on the Chinese American classic General Tso’s chicken, using the hashtag #TsoGood to gin up excitement on social media. The Internet, however, was more interested in the company’s nifty new utensil, the chork. It all started when Lisa Jennings,...

  • California wine country says goodbye to crop-threatening moth

    California wine country says goodbye to crop-threatening moth

    A moth that sparked quarantines and expensive pest-control measures in California’s wine country has been eradicated from the state, agricultural officials said Thursday. Little-known outside the viticultural world, the European grapevine moth had threatened crops valued at $5.7 billion, including wine...

  • Twitter says it shut down 235,000 pro-terrorism accounts since February

    Twitter says it shut down 235,000 pro-terrorism accounts since February

    Twitter Inc. said Thursday that it has shut down more than 235,000 accounts for promoting terrorism since February, far surpassing the 125,000 it had suspended in the previous seven months. That brings the total number of such suspensions to 360,000 since June 2015. Since February, "the world has...

  • Pebble Beach 2016: Gordon McCall's party kicks off Monterey Car Week

    Pebble Beach 2016: Gordon McCall's party kicks off Monterey Car Week

    Smoke and ash clouded the coastal skies as auto entrepreneur Gordon McCall unofficially opened this year’s Monterey Car Week with his annual Motorworks Revival party. The exclusive Wednesday night event — there is a VIP line and a red carpet line, but no line for anyone else — drew several thousand...

  • Gwyneth Paltrow's lifestyle business Goop is moving to Los Angeles

    Gwyneth Paltrow's lifestyle business Goop is moving to Los Angeles

    Goop, the lifestyle and e-commerce website founded by actress Gwyneth Paltrow, is moving its headquarters and creative hub to Los Angeles. The company, which started as a newsletter in 2008, is centralizing its creative operations in L.A., although it will keep an office in New York, wrote Noora...

  • Airline travel expected to surge 4% over the Labor Day weekend

    Airline travel expected to surge 4% over the Labor Day weekend

    If you plan to fly over the Labor Day holiday, get ready to labor through huge airport crowds. During the holiday period from Aug. 31 to Sept. 6, 15.6 million people are expected to fly on U.S.-based airlines, a 4% increase over the same period last year, according to a forecast by Airlines for...

  • Pullback from Obamacare by Aetna, other insurers puts pressure on upcoming enrollments

    Pullback from Obamacare by Aetna, other insurers puts pressure on upcoming enrollments

    Recent decisions by giant health insurers to pull back from Obamacare exchanges across the country could make this fall’s enrollment period crucial to the program that has helped millions of people gain health coverage. “We won’t know until the next open enrollment, are we still moving forward...

  • American Apparel is said to be considering moving manufacturing out of California

    American Apparel is said to be considering moving manufacturing out of California

    Struggling retailer American Apparel is eyeing a move out of its downtown Los Angeles manufacturing facility for a lower-wage part of the country, according to two sources familiar with the company. The Los Angeles clothing maker, which emerged from bankruptcy in February, is contemplating a move...

  • McDonald's removes fitness tracker toy from Happy Meals

    McDonald's removes fitness tracker toy from Happy Meals

    McDonald’s Corp. is removing the Step It Activity Band that was briefly included as a toy in Happy Meals after the company said it received “limited reports” of potential skin irritations that “may be associated from wearing the band.” The company said it was “fully investigating this issue” and...

  • Complaints against airlines drop amid fewer delays and lower fares

    Complaints against airlines drop amid fewer delays and lower fares

    Complaints against airlines dropped 12% in the first half of the year, as carriers delayed or canceled fewer flights and fares declined. From January to June, the Department of Transportation received 8,376 complaints from fliers about U.S. based airlines, compared with 9,542 in the first six months...

  • Cisco Systems will lay off 5,500 workers

    Cisco Systems will lay off 5,500 workers

    Cisco Systems Inc. said Wednesday that it would cut about 5,500 jobs as part of a restructuring plan that the networking company said was necessary to help it focus more on high-growth areas such at security and cloud technologies. Cisco said the cuts, which will begin in the company's current,...

  • Knott's Soak City expands to add two new water slides

    Knott's Soak City expands to add two new water slides

    Knott’s Soak City in Buena Park announced Wednesday the addition of two new water slide attractions, including a thrill ride that drops guests through a trapdoor from a tower more than seven stories tall. The two new water slides — dubbed Shore Break and The Wedge — will replace a raft ride called...

  • U.S. markets closed a tad higher Wednesday as utilities surged

    U.S. markets closed a tad higher Wednesday as utilities surged

    U.S. stocks closed barely higher Wednesday as big gains for utilities balanced out losses for retailers like Lowe's, Target and Staples. Stocks fell in morning trading as a recent slump in phone company and utility stocks continued. But the indexes reversed directions after noon as those stocks...

  • Pinterest launches video advertisements with its own spin

    Pinterest launches video advertisements with its own spin

    Pinterest may be late to the video advertising party, but it stands to reap great benefits, according to business and marketing experts. The online bookmarking platform launched Wednesday promoted videos — ads that exist alongside its static image-based ads called promoted pins. When users click...

  • Obamacare patients filled more prescriptions but paid less for drugs, study finds

    Obamacare patients filled more prescriptions but paid less for drugs, study finds

    Patients who gained health coverage through the Affordable Care Act are filling significantly more prescriptions while paying less for their drugs, according to a new study that credits the health law and adds to evidence of its benefits for previously uninsured Americans and those with chronic...

  • Bee-harming pesticides are declining at plant nurseries, report shows

    Bee-harming pesticides are declining at plant nurseries, report shows

    Retailers appear to be selling fewer ornamental plants laced with pesticides linked to bee population declines, according to a new report. Less than a quarter of the trees and flowers from stores and nurseries tested by environmental activists contained pesticides at levels that could be harmful...

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