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  • Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon.com Inc. acquired a Santa Barbara data analysis and search engine start-up in May to help improve its Alexa virtual assistant and other services, according to four sources familiar with the deal but unauthorized to discuss it. The previously unreported acquisition of Graphiq Inc. and its...

  • Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland’s Fastpass system, the ride reservation system that the park invented in 1999, has moved into the digital age. The Anaheim resort launched a smartphone version of the ride reservation system Wednesday. It operates from the park’s smartphone app, and unlike the free reservation system...

  • When will the other shoe drop in U.S.-China economic relations

    When will the other shoe drop in U.S.-China economic relations

    After an unexpectedly amicable start to U.S.-China relations under President Trump, including high-level economic talks Wednesday, many are wondering when the other shoe will drop. Trump early on was preoccupied with the North American Free Trade Agreement and then on trade rivals such as Germany...

  • There's a new buyer involved in Wanda's multibillion-dollar asset sale

    There's a new buyer involved in Wanda's multibillion-dollar asset sale

    Dalian Wanda Group’s announcement last week that it would sell $9.3 billion in tourism assets to a rival Chinese property developer came as a shock, illustrating the sudden reversal of a company thought to have deep pockets to match its lofty ambitions. Its move Wednesday to amend the agreement...

  • Tech and healthcare lift stocks to new records

    Tech and healthcare lift stocks to new records

    U.S. stocks continued to climb Wednesday, led by technology, healthcare and energy companies. Media companies also rose as stock indexes set record highs. The technology part of the Standard & Poor's 500 index broke the record it set in March 2000, before the dot-com bubble burst. Energy companies...

  • Sony Pictures and co-financing partner LStar Capital cut ties

    Sony Pictures and co-financing partner LStar Capital cut ties

    Sony Pictures’ co-financing deal with LStar Capital is dead after three years, following a long period of box office struggles at the Culver City studio. LStar in 2014 agreed to invest in Sony’s movies as part of a $200-million pact that promised to mitigate the risks of potential duds. The pact...

  • Wells Fargo poised to sell more businesses as it streamlines following accounts scandal

    Wells Fargo poised to sell more businesses as it streamlines following accounts scandal

    Wells Fargo & Co. may not be done shedding assets as it rethinks its business following its sham-accounts scandal. After announcing the sale of both its shareholder-services and commercial insurance subsidiaries in the last month, the San Francisco-based bank is considering cutting even more amid...

  • U.S. stocks wind up mixed as retailers rise, healthcare dips

    U.S. stocks wind up mixed as retailers rise, healthcare dips

    U.S. stocks hardly budged Monday as smaller firms and retailers rose while healthcare companies and banks declined. Chemical and mining companies rose as the dollar weakened. Precious metals rose as the dollar, already at its lowest levels in almost a year, weakened a bit further. Bond yields slipped,...

  • Tesla driver recants, says Autopilot not to blame for crash

    Tesla driver recants, says Autopilot not to blame for crash

    A Tesla driver says his car's partially self-driving Autopilot system wasn't responsible for a crash in Minnesota, despite what he initially told investigators. In its report obtained by the Associated Press on Monday, the Kandiyohi County Sheriff's Office said David Clark, 58, blamed Autopilot...

  • To battle hackers, IBM wants to encrypt the world

    To battle hackers, IBM wants to encrypt the world

    There are only two types of companies, it is commonly said: those that have been hacked, and those that just don't know it yet. IBM Corp. wants to get rid of both. The Armonk, N.Y., computing giant said Monday that it has achieved a breakthrough in security technology that will enable all businesses...

  • California Inc.: Heroes are converging on San Diego for Comic-Con

    California Inc.: Heroes are converging on San Diego for Comic-Con

    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. For anyone who thinks rising temperatures aren’t that big a deal, check out this Columbia...

  • NPR and SAG-AFTRA reach a tentative deal on a three-year contract

    NPR and SAG-AFTRA reach a tentative deal on a three-year contract

    SAG-AFTRA has reached a tentative agreement with National Public Radio on a new three-year contract covering 400 union news and programming employees at the nonprofit radio service. Terms of the new deal reached just after midnight Eastern time Saturday night were not disclosed. A representative...

  • Wells Fargo's profit rises along with interest rates

    Wells Fargo's profit rises along with interest rates

    Wells Fargo & Co. said Friday its profit edged up in the second quarter as the bank got a boost from rising interest rates and the planned sale of its insurance service business. The San Francisco-based bank said its profit grew 5% to $5.8 billion, or $1.07 per share. That was more than the $1.01...

  • Stocks' modest gains lift indexes to new records

    Stocks' modest gains lift indexes to new records

    Gains by big technology and healthcare companies pushed U.S. stocks modestly higher Friday, lifting several major indexes to new highs. The Standard & Poor's 500 index, Dow Jones industrial average and Russell 2000 index of smaller-company stocks each set records as the market posted its third...

  • NPR union members will ask SAG-AFTRA to authorize a strike vote

    NPR union members will ask SAG-AFTRA to authorize a strike vote

    The 400 National Public Radio employees covered by SAG-AFTRA have voted to ask the union’s national board to seek permission to hold a strike vote while negotiations on a new contract continue. If the board agrees to the request Saturday, a strike vote by members of the bargaining unit can happen...

  • Why does my boss always say 'we' when I'm the one doing all the work?

    Why does my boss always say 'we' when I'm the one doing all the work?

    Question: It drives me batty any time a supervisor says, "We should ...," or "Have we done such and such?" when I am the one doing the work. I find it strange and annoying -- implying that the supervisor is somehow participating in the work itself. Do you think the person using this word believes...

  • Roomy with a view of the Griffith Observatory

    Roomy with a view of the Griffith Observatory

    Named for the nearby observatory, this fully furnished three-bedroom, five-bathroom condominium called the Griffith is part of the Above the Penthouses luxury collection at the Residences at W Hollywood. A media “retreat room,” a library, custom-designed closets and multiple entertainment spaces...

  • Climate change may make it too hot to fly, study says

    Climate change may make it too hot to fly, study says

    A spike in summer temperatures in Phoenix last month forced American Airlines to cancel dozens of flights because some planes used by the carrier’s regional airline could not operate in such extreme heat. Airlines can expect to face such problems more often because of extreme temperatures caused...

  • Does California's rating of heart-bypass deaths penalize surgeons who take tough cases?

    Does California's rating of heart-bypass deaths penalize surgeons who take tough cases?

    Michael Koumjian, a heart surgeon for nearly three decades, said he considered treating the sickest patients a badge of honor. The San Diego doctor was frequently called upon to operate on those who had multiple illnesses or who’d undergone CPR before arriving at the hospital. Recently, however,...

  • 2017 Mazda CX-5: Boring is beautiful

    2017 Mazda CX-5: Boring is beautiful

    Please don’t hate me for saying so, but the Mazda CX-5 is one of the dullest cars on the road. In terms of styling, performance and technology, it’s just … plain. No fireworks. No fanfare. No drama. No one is going to slide up to you at a red light and say, “Hey, man, is that the new CX-5?” No...

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  • 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...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

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