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  • AMC says China's Wanda did not fund recent cinema deals

    AMC says China's Wanda did not fund recent cinema deals

    AMC Entertainment, the owner of the world’s biggest movie theater chain, is fighting back against speculation that Chinese government scrutiny of its largest shareholder, Dalian Wanda Group, would hamper its business. AMC’s shares fell 10% Monday on Wall Street following reports that China was...

  • U.S. lays out objectives for NAFTA renegotiations

    U.S. lays out objectives for NAFTA renegotiations

    The Trump administration on Monday unveiled its highly anticipated plans for renegotiating the North American Free Trade Agreement, explicitly stating that its key objective is to reduce the trade deficit with Canada and Mexico — an aim that most economists say is misguided as the focus of a trade...

  • 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...

  • Wi-Fi on planes worldwide will more than double by 2022

    Wi-Fi on planes worldwide will more than double by 2022

    Despite security fears about the use of laptop computers on planes, the world’s airlines are expected to more than double the number of planes equipped with wireless Internet to let passengers log on with portable electronic devices. A new report by Britain’s Juniper Research estimates that more...

  • It's hard to believe but a condo could be lost to squatters

    It's hard to believe but a condo could be lost to squatters

    Question: About 17 years ago I inherited my father’s mortgage-free town house in Southern California. I made the five-hour round-trip drive from my home to the townhouse to pick up mail and pay the leftover bills. As the mail and bills eventually stopped there was no need for me to continue making...

  • Automakers turn to this Southern California director to put you in the driver's seat

    Automakers turn to this Southern California director to put you in the driver's seat

    Tim Damon grew up photographing Detroit muscle cars. His video work earned him awards and Super Bowl airtime. Then came the call to help promote a high-end sports sedan that sounded like someone forgot the engine. In the resulting short film about the Tesla Model S, called “Lightdrive,” music swells,...

  • Indian Motorcycle introduces its new Scout Bobber

    Indian Motorcycle introduces its new Scout Bobber

    Hoping to capitalize on the current craze for chopped, “custom” motorcycles, Indian has introduced a factory-custom Bobber version of its successful line of Scout bikes. The new Bobber, due in U.S. and Canadian dealerships in September, is powered by the same 69-cubic-inch, 100 horsepower V-twin...

  • 'The Walking Dead' stuntman John Bernecker dies after on-set accident

    'The Walking Dead' stuntman John Bernecker dies after on-set accident

    John Bernecker, a stuntman on AMC's popular show "The Walking Dead," has died from injuries suffered on the show's set in Georgia, in the latest tragedy to strike a film set mid-project. After a Wednesday afternoon fall, Bernecker, 33, was flown to the Atlanta Medical Center, where he died at 6:30...

  • Here's why Roku might be heading toward an initial public stock offering

    Here's why Roku might be heading toward an initial public stock offering

    For the last 15 years, Internet television company Roku Inc. has done one thing and done it well. Its streaming sticks, boxes and software make it easy and enjoyable to watch Internet content on a television — a seemingly simple task, but one that its largest rivals have struggled to perfect. “I...

  • 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...

  • Honda recalls 2.1 million Accords over battery-sensor fire risk

    Honda recalls 2.1 million Accords over battery-sensor fire risk

    Honda is recalling about 2.1 million Accord cars worldwide, including 1.15 million in the United States, because the battery sensors can potentially short out and cause a fire. The recall covers vehicles from the 2013-16 model years with 12-volt battery sensors. The sensors may not be sealed enough...

  • 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...

  • Wells Fargo stuck mortgage borrowers with extra fees, whistle-blower's lawsuit says

    Wells Fargo stuck mortgage borrowers with extra fees, whistle-blower's lawsuit says

    As Wells Fargo & Co. continues to be hit with fallout from its sham-accounts scandal, the bank is facing allegations that it put the screws to customers in yet another way: by slapping them with fees for delays in processing mortgage applications. A former Wells Fargo mortgage banker who worked...

  • Banks and tech firms lead stocks higher; Dow sets another record

    Banks and tech firms lead stocks higher; Dow sets another record

    Banks and technology companies led U.S. stocks to modest gains Thursday, pushing the Dow Jones industrial average to its second record close in two days. Big retail chains and other consumer-focused stocks were among the gainers. Energy companies rose as the price of crude oil increased. Phone...

  • Snap shares gain some ground after analyst reminds investors Snapchat isn't Twitter

    Snap shares gain some ground after analyst reminds investors Snapchat isn't Twitter

    Two days after Snap Inc.’s stock fell below its $17 initial public offering price, shares gained back some ground Thursday morning as an influential analyst encouraged investors to buy into the Venice company. Shares traded as high as $15.97 Thursday morning before closing at $15.69, up 45 cents,...

  • Uber strikes deal with Yandex, giving up on dominating ride-hailing in Russia

    Uber strikes deal with Yandex, giving up on dominating ride-hailing in Russia

    Uber just stopped fighting to dominate the ride-hailing market in Russia. The company announced Thursday that it will merge its business there and in a few other former Soviet countries with part of Russia’s Yandex to form a new ride-hailing, food-delivery and logistics company. Yandex, the Russian...

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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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