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Target is shedding Merona and Mossimo and adding new brands instead

When clothing brands such as Merona and Mossimo helped propel Target Corp. to new heights in the 1990s and early 2000s, an H&M was not in every mall. Online subscription services such as Stitch Fix were not yet on the horizon. Amazon sold mostly books. And department stores and shopping malls were...

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  • China's Great Wall Motors considers bid for Fiat Chrysler's Jeep unit 

    China's Great Wall Motors considers bid for Fiat Chrysler's Jeep unit 

    Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, spokespeople for the Chinese company said Monday, in a possible ambitious new step onto the global stage for one of China's fast-growing auto brands. Great Wall has yet to formally declare its interest...

  • California Inc.: Eclipse day is here, but be careful of some safety glasses

    California Inc.: Eclipse day is here, but be careful of some safety glasses

    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. Stocks took a pounding last week as the political turbulence in Washington and terror attacks...

  • Will tech companies bow to S&P's new Snap-inspired rules? Probably not

    Will tech companies bow to S&P's new Snap-inspired rules? Probably not

    When the company that produces the S&P 500 announced this month that it would exclude the corporate parent of Snapchat from its benchmark stock market index, the move was cheered by advocates of better corporate governance. It was seen as an overdue response to a disturbing trend, particularly...

  • Pebble Beach 2017: Guts, glory and glamour at Concours d'Elegance

    Pebble Beach 2017: Guts, glory and glamour at Concours d'Elegance

    Dawn broke over the Monterey Peninsula and found the 18th fairway at historic Pebble Beach Golf Links decorated with a sampling of the most beautiful motor cars ever made. The annual Pebble Beach Concours d’Elegance, which caps the Monterey Car Week, attracts only automotive superlatives. Entrants...

  • Pebble Beach 2017: Petersen to partner with Porsche on new exhibit

    Pebble Beach 2017: Petersen to partner with Porsche on new exhibit

    The Petersen Automotive Museum will transform its Mullin Grand Salon into a Porsche platform, starting early next year. The Wilshire Boulevard car museum has entered into an agreement with Porsche Cars North America to convene a yearlong exhibit of what its officers call “one of the most comprehensive...

  • Don't have a ticket to 'Hamilton' yet? It's going to cost you

    Don't have a ticket to 'Hamilton' yet? It's going to cost you

    “Hamilton” holds the title of most expensive show ever at Pantages, and that’s for the authorized tickets sold directly through the theater and Ticketmaster. But those tickets are long gone, having sold out shortly after they went on sale in April. All that’s left are resale tickets sold through...

  • There are established safeguards that can help ensure a board election is fair

    There are established safeguards that can help ensure a board election is fair

    Question: We are about to have another board election at our homeowner association, and I am concerned about tales I hear about rigged elections at other associations. The gist of these stories is that a corrupt manager colludes with complicit board members to control elections and dissuade newcomers...

  • More restrictions announced for toxic pesticide

    More restrictions announced for toxic pesticide

    California moved a step closer Friday to banning a widely used agricultural pesticide linked to birth defects, openly departing from the Trump administration’s decision to walk back an Obama-era effort to ban the chemical. Growers and other users will be asked to increase the buffer zone between...

  • Uber's Travis Kalanick punches back against the Benchmark lawsuit targeting him

    Uber's Travis Kalanick punches back against the Benchmark lawsuit targeting him

    Uber’s co-founder and former chief executive, Travis Kalanick, has struck back at venture capital firm Benchmark. In seeking to dismiss a fraud lawsuit Benchmark filed against him, he called the suit a “smear campaign” and characterized the firm’s partners as ruthless opportunists who staged an...

  • Honda Clarity Electric: A plug-in BEV with mid-size sedan style

    Honda Clarity Electric: A plug-in BEV with mid-size sedan style

    Honda showed up early for the hydrogen fuel cell party, getting to market before Toyota’s Mirai and Hyundai’s Tuscon with an early version of its current Clarity sedan. Now the company is increasing its visibility on the EV scene with an all-electric Clarity — but arriving too late, critics will...

  • Horror video start-up Crypt TV is building a scary universe for the smallest screens

    Horror video start-up Crypt TV is building a scary universe for the smallest screens

    Budding filmmaker Landon Stahmer’s creepy three-minute film “The Look-See,” about a woman terrorized by a monster in a bathroom stall, has amassed 5.5 million views since it premiered on Facebook last month. Not bad for a $4,000 production filmed in one day at a Burbank church. “That's really where...

  • Pebble Beach car show boasts of greater diversity

    Pebble Beach car show boasts of greater diversity

    Organizers of the upcoming 67th Pebble Beach Concours d’Elegance say there will be something new on the storied 18th green this year: diversity. The glamorous automotive beauty contest, held Sunday and capping a weeklong cavalcade of car shows, auctions and rallies, attracts the world’s wealthiest...

  • EpiPen maker settles: It'll pay less than what it got by allegedly overcharging

    EpiPen maker settles: It'll pay less than what it got by allegedly overcharging

    EpiPen maker Mylan has finalized a $465-million government agreement settling allegations it overbilled Medicaid for its emergency allergy injectors for a decade — charges brought after rival Sanofi filed a whistleblower lawsuit and tipped off the government. It's the second settlement with the...

  • Stocks tumble. It's their worst day in 3 months

    Stocks tumble. It's their worst day in 3 months

    U.S. stocks plunged Thursday as losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks dropped as bond yields and interest rates sank for a second day. It was the second-worst day for stocks this year, which has seen few large declines....

  • Cutting off white supremacists: Apple Pay, Cloudflare and PayPal join the trend

    Cutting off white supremacists: Apple Pay, Cloudflare and PayPal join the trend

    Apple, Cloudflare and PayPal have joined the parade of companies cutting off services to white nationalists after an anti-racist counter-protester was killed and others were injured in Charlottesville, Va., last weekend. In statements circulated among employees and published online, the companies...

  • Turner gets in the sports streaming game with UEFA Champions League soccer

    Turner gets in the sports streaming game with UEFA Champions League soccer

    Turner is kicking off a new sports streaming video service next year that will carry its coverage of UEFA Champions League soccer. The service announced Thursday is Turner’s first endeavor in streaming sports coverage — the new frontier in “over-the-top” distribution of programming, in which shows...

  • Pebble Beach 2017: BMW brings new Z4, M8 to the concept lawn

    Pebble Beach 2017: BMW brings new Z4, M8 to the concept lawn

    German car company BMW is taking advantage of a captive audience of auto fans and journalists assembled for the annual Monterey Car Week to unveil a pair of concept vehicles on the lawn at Pebble Beach. The two concept cars, which the company says precede production cars that will be revealed some...

  • See unlimited movies for $10 a month? Not so fast, says AMC Theatres

    See unlimited movies for $10 a month? Not so fast, says AMC Theatres

    MoviePass, a subscription ticket reselling start-up, is trying to become the Netflix of movie theaters by offering virtually unlimited movies for less than $10 a month. But that plan has drawn the ire of the world’s largest theater chain, marking the latest clash in a feud between the 6-year-old...

  • Fiat Chrysler joins BMW-Intel to develop driverless cars

    Fiat Chrysler joins BMW-Intel to develop driverless cars

    Automaker FCA, also known as Fiat Chrysler, buffed up its image as a technology player Wednesday by linking with BMW and Intel to develop driverless cars. Last year, BMW and Intel, which recently bought driverless technology provider Mobileye, formed a partnership to develop a platform for autonomous...

  • Fed minutes show split on timing of asset reduction

    Fed minutes show split on timing of asset reduction

    Several Federal Reserve monetary policymakers wanted to announce last month exactly when they would start reducing the central bank's trillions of dollars in assets, but most preferred to wait to see how the economy and financial markets were doing over the summer, according to an account of the...

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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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