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  • What does Roy Price's suspension mean for Amazon's future?

    What does Roy Price's suspension mean for Amazon's future?

    As the head of Amazon’s entertainment studio since 2014, Roy Price was tasked with shaping the e-retailer into a major player in the film and TV world. But his unpaid suspension this week after a television producer accused him of making unwanted sexual advances toward her has not only raised questions...

  • OC Weekly editor Gustavo Arellano resigns from alt-weekly newspaper in dispute over cost cuts

    OC Weekly editor Gustavo Arellano resigns from alt-weekly newspaper in dispute over cost cuts

    Longtime Orange County columnist, government watchdog and foodie Gustavo Arellano said Friday that he has voluntarily resigned from his role as editor of alternative weekly newspaper OC Weekly. In an interview Friday on the Tom Leykis Show, Arellano said he was told by the paper’s owner to cut...

  • Effect of Trump's Obamacare subsidy cuts is blunted in California — for now

    Effect of Trump's Obamacare subsidy cuts is blunted in California — for now

    Unable to get Congress to “repeal and replace” the Affordable Care Act, President Trump this week took matters into his own hands. Late Thursday evening, the White House announced it would stop paying key subsidies, known as “cost-sharing reductions,” that compensate insurers for providing discounts...

  • Gains for tech help U.S. stocks higher, but insurers skid

    Gains for tech help U.S. stocks higher, but insurers skid

    U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September. Printer and PC maker HP sent technology companies higher after releasing a strong profit forecast...

  • Will tourists return to wine country after the Northern California fires?

    Will tourists return to wine country after the Northern California fires?

    Most vineyards and wineries in Northern California’s wine country have been spared by several days of firestorms, but it isn’t clear yet whether the nearly 24 million tourists who visit the region each year will want to return to charred hillsides. Tourism officials remain optimistic, saying huge...

  • Social Security benefits to rise by 2% in 2018

    Social Security benefits to rise by 2% in 2018

    Millions of Social Security recipients and other retirees will get a 2% increase in benefits next year. It's the largest increase since 2012 but amounts to a bump of only $25 a month for the average beneficiary. The Social Security Administration announced the cost-of-living adjustment, or COLA,...

  • Wells Fargo profit falls 18% in third quarter due to legal costs

    Wells Fargo profit falls 18% in third quarter due to legal costs

    Wells Fargo's third-quarter profit dropped 18%, caused by a significant increase in the bank's legal expenses tied to its mortgage practices before the financial crisis. The increase in legal expenses comes as the San Francisco-based bank tries to move beyond its recent scandals involving unauthorized...

  • Surge in energy costs sends U.S. consumer prices up 0.5%

    Surge in energy costs sends U.S. consumer prices up 0.5%

    U.S. consumer prices rose 0.5% in September, the largest increase in eight months. The result reflects another big jump in energy prices in the aftermath of Hurricane Harvey, which shut Gulf Coast refineries and caused gasoline prices to jump across the country. The September increase in the closely...

  • 2018 Mercedes-Benz E400 Coupe

    2018 Mercedes-Benz E400 Coupe

    Mercedes-Benz makes so many different cars that I pity the buyer who has decided on the brand but not on the model. The German car company currently offers 27 different vehicles through its U.S. dealerships. That’s not counting the different trim lines, the high-performance AMG and Maybach variations,...

  • Key Samsung executive announces his resignation

    Key Samsung executive announces his resignation

    The chairman of Samsung Electronics Co.'s board of directors, who has been the public face of the company since its de facto chief was jailed on corruption charges, said Friday he will resign next year to make way for a new leader. “As we are confronted with unprecedented crisis inside out, I believe...

  • Thousands join #WomenBoycottTwitter after it suspended Rose McGowan's account

    Thousands join #WomenBoycottTwitter after it suspended Rose McGowan's account

    Thousands are rallying in support of actress Rose McGowan and calling for a Twitter boycott after her account was temporarily suspended as she used the social media platform to advocate against sexual assault and harassment in Hollywood. Many used the hashtag #WomenBoycottTwitter as the call to...

  • Albert Cheng to serve as interim head of Amazon Studios after Roy Price suspension

    Albert Cheng to serve as interim head of Amazon Studios after Roy Price suspension

    Amazon.com has tapped veteran executive Albert Cheng to run Amazon Studios on an interim basis following the abrupt suspension Thursday of studio chief Roy Price. Cheng has served as chief operating officer of the Santa Monica-based studio since June 2015. Before that, he was chief product officer...

  • To the average investor, Puerto Rico debt crash is more of a whimper than a bang

    To the average investor, Puerto Rico debt crash is more of a whimper than a bang

    There was a time when investors couldn't get enough of Puerto Rico's bonds. They were the ultimate trifecta: triple, tax-exempt bonds. If you bought Puerto Rico bonds, you paid no local income tax on the "coupons," the periodic interest you are paid for buying the bond. You paid no state tax on...

  • Retail and media stocks pull indexes down from highs

    Retail and media stocks pull indexes down from highs

    U.S. stock indexes retreated from their record highs Thursday as retailers and media companies declined and investors shrugged at quarterly reports from a few big banks. Clothing companies and other retailers fell after women's clothing company J. Jill slashed its third-quarter forecast. The company's...

  • Equifax says code on its website 'was serving malicious content'

    Equifax says code on its website 'was serving malicious content'

    Equifax Inc. took part of its website offline Thursday after code on the site redirected users to a malicious URL urging them to download malware. Also Thursday, a top Republican congressman introduced a bill that would stop credit reporting companies such as Equifax from using Social Security...

  • Vineyards may have kept wine country fire from getting worse

    Vineyards may have kept wine country fire from getting worse

    Christian Palmaz used hoes, shovels and rakes to keep flames from his family’s 19th-century vineyard estate home on the flanks of Mt. St. George in eastern Napa County. But he didn’t have to worry about his vines. They’re green, very much alive, and a stark contrast to more than 500 acres of oak,...

  • Tesla recalls 11,000 Model X SUVs because seats could move forward in a crash

    Tesla recalls 11,000 Model X SUVs because seats could move forward in a crash

    Tesla Inc. is recalling 11,000 Model X SUVs worldwide because their rear seats might not lock into place. The recall involves vehicles with fold-flat second-row seats made between Oct. 28, 2016, and Aug. 16, 2017. Tesla said it believes that only about 3% of the recalled vehicles have the issue....

  • Snap's stock rises further the day after its biggest jump since IPO

    Snap's stock rises further the day after its biggest jump since IPO

    Snap Inc.’s stock rose again Thursday after shares of the Snapchat maker enjoyed their best daily gain since the day of the company’s stock market debut in March. The stock was up 51 cents, or 3%, to $16.49 a share in midday trading after surging 11.4% on Wednesday following a positive report from...

  • Facebook looks to lower-cost virtual reality with $199 Oculus Go headset

    Facebook looks to lower-cost virtual reality with $199 Oculus Go headset

    Facebook Chief Executive Mark Zuckerberg seems to be realizing a sobering reality about virtual reality: His company's Oculus headsets that send people into artificial worlds are too expensive and confining to appeal to the masses. Zuckerberg on Wednesday revealed how Facebook intends to address...

  • Federal Reserve grapples with mystery of persistently low inflation

    Federal Reserve grapples with mystery of persistently low inflation

    Federal Reserve officials struggled in September to come to terms with persistently low inflation but decided to continue to signal the possibility of raising interest rates for a third time this year. The minutes of their most recent policy meeting, released Wednesday, show that a group of Fed...

  • Tech and healthcare stocks lift indexes back to record highs

    Tech and healthcare stocks lift indexes back to record highs

    U.S. stock indexes drifted back to record highs Wednesday as investors got ready for another round of corporate reports to begin. Technology, healthcare and household goods companies all rose. Tech-sector companies such as PayPal, Visa and Alphabet, Google's parent company, made some of the biggest...

  • Trump meets Canadian prime minister amid growing doubts about NAFTA talks

    Trump meets Canadian prime minister amid growing doubts about NAFTA talks

    Negotiations to remake the North American Free Trade Agreement resumed Wednesday amid increasing concerns of a breakdown, with President Trump continuing to threaten to withdraw from the pact and the administration planning to push several contentious proposals across the table over the next few...

  • Totally driverless cars could be allowed on California roads by June 2018

    Totally driverless cars could be allowed on California roads by June 2018

    Driverless cars — with nobody behind the wheel — could be on California roads and highways by June 2018. That doesn’t mean you’ll be able to buy a completely driverless car next year, or even hail a ride in one. The technology is still being developed. The driverless cars that may begin appearing...

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  • Think outside the bank: How to get a business loan online

    Think outside the bank: How to get a business loan online

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish and high-performance bikes based in Venice Beach, California....

  • 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...

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