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Will Hyundai's eco-friendly Ioniq woo hearts away from Prius?

Hyundai Motors, South Korea’s flagship automaker, transformed itself over the decades from bit player to global dynamo. In 1998, the company sold a mere 90,000 cheap and tinny cars to U.S. customers. But that same year, it bought Kia Motors out of bankruptcy. And last year, the two combined sold...

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  • A strong market for financial advisors

    A strong market for financial advisors

    For LPL Financial Chief Executive Mark Casady, one key to success is not losing sight of your game plan in the midst of distractions. It’s advice that can be applied to investing or to running a business. Over the last couple of years, there have been more than a few distractions for LPL Financial,...

  • Bill to protect widows from foreclosure passes in the Senate and heads to Gov. Jerry Brown

    Bill to protect widows from foreclosure passes in the Senate and heads to Gov. Jerry Brown

    A bill that would grant California widows and widowers greater protections against foreclosure heads to Gov. Jerry Brown’s desk after passing the state Senate on Wednesday. The proposal is geared at giving surviving spouses who own their home but are not on its mortgage note a better shot at obtaining...

  • Insurer pays $13.5 million to resolve federal claims over defunct Marinello beauty school

    Insurer pays $13.5 million to resolve federal claims over defunct Marinello beauty school

    An insurer for the shuttered Marinello Schools of Beauty has agreed to pay $13.5 million to settle allegations that the cosmetology school ripped off the federal student loan program, the U.S. attorney’s office said Wednesday. The federal government had alleged B&H Education of Beverly Hills, the...

  • Young kids love YouTube more than Disney and Oreo, study finds

    Young kids love YouTube more than Disney and Oreo, study finds

    A new study has determined something most astute parents already know: YouTube is the most-loved brand among young kids. The digital video service, owned by Alphabet Inc., scored highest among children 6 to 12 for the first time in market research firm Smarty Pants’ eighth annual “Brand Love” study....

  • Uber drivers' new option: Start a retirement account through the app

    Uber drivers' new option: Start a retirement account through the app

    Uber has a new tool in its arsenal to attract and retain drivers: retirement savings accounts. The San Francisco ride-hailing company announced Wednesday that it teamed up with automated investor service Betterment to offer its drivers a way to set up retirement accounts through the ride-hailing...

  • Photographer seeking $1 billion from Getty Images

    Photographer seeking $1 billion from Getty Images

    An accomplished photographer who lets the public use thousands of her images of America for free has sued the Getty Images photo agency for more than $1 billion, saying it is improperly selling her work to customers and threatening those who don't pay. The photographer, Carol Highsmith, whose work...

  • Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks closed lower Wednesday, led by sharp declines in healthcare companies as outrage escalates over the steep price hikes for Mylan's EpiPens. Trading remained quiet overall, with many investors on vacation. It was another below-average day of trading volume on the New York Stock Exchange. The...

  • Flexible work schedules reward dads, not moms, report says

    Flexible work schedules reward dads, not moms, report says

    Flexible schedules free workers from rigid hours, boosting their health and productivity. Or they kill collaboration. It depends on who you ask. Some business leaders bill a policy of flexible hours as a panacea for working parents. Why take a day off when your child has the flu if you have a laptop?...

  • Starbucks iced drinks obviously include ice, judge says, tossing lawsuit

    Starbucks iced drinks obviously include ice, judge says, tossing lawsuit

    A lawsuit that accused Starbucks Corp. of misrepresenting the sizes of its iced drinks has been dismissed by a California judge, who issued a written tongue-lashing of the plaintiff's claims. The lawsuit, filed on behalf of plaintiff Alexander Forouzesh in federal district court in California’s...

  • Automaker Karma expands SoCal presence with Irvine office lease

    Automaker Karma expands SoCal presence with Irvine office lease

    The luxury carmaker Karma Automotive, which will soon begin building its hybrid electric Revero sports cars in a massive facility in Moreno Valley, has leased space for its design studios and business offices in Irvine. The company formerly known as Fisker Automotive has agreed to lease 262,000...

  • Threat of Southland energy shortage due to Aliso Canyon fades

    Threat of Southland energy shortage due to Aliso Canyon fades

    State energy agencies say conservation and other strategies should help Southern California avoid energy shortages during the winter amid low supplies at the Aliso Canyon natural gas storage plant. That forecast stands in sharp contrast to the fears raised in the spring about possible rolling blackouts...

  • Feds sue garlic grower after a contractor's van crash kills 4 migrant workers

    Feds sue garlic grower after a contractor's van crash kills 4 migrant workers

    The U.S. Labor Department is accusing a garlic grower of violating worker safety and transportation laws in connection with a 2015 van crash that killed four farm laborers on a California Central Valley highway. The unusual move in U.S. District Court in Fresno is aimed at sending a sterner message...

  • Grad students at private schools can unionize after all, labor board decides

    Grad students at private schools can unionize after all, labor board decides

    Graduate students who assist in teaching and research at private universities are employees and have a right to union representation, the National Labor Relations Board ruled Tuesday. The 3-1 ruling overturns a 2004 NLRB decision that said graduate students were not employees covered by the National...

  • McDonald's recalls all Step-It fitness tracker toys over risk of burns

    McDonald's recalls all Step-It fitness tracker toys over risk of burns

    McDonald’s Corp. has recalled all of its Step-It activity wristband Happy Meal toys after reports that they led to numerous injuries, including blisters and skin irritation, and could cause burns. The recall involves about 33 million wristbands that were made for distribution in the U.S. and Canada,...

  • 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...

  • 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...

  • How Kobe Bryant plans to leverage his global appeal and marketing savvy as a tech investor

    How Kobe Bryant plans to leverage his global appeal and marketing savvy as a tech investor

    Kobe Bryant has been no stranger to China, where he spends big to sponsor youth sports and education programs. His well-documented efforts led an investor in a Chinese online education start-up to reach out to him earlier this year. Two months ago, the basketball legend crossed the Pacific to meet...

  • Anaheim won't fine short-term rental companies for hosts' violations

    Anaheim won't fine short-term rental companies for hosts' violations

    Anaheim officials say they won’t enforce a new law that imposes fines on short-term rental sites for listing homes and apartments that violate the city’s rental regulations. The policy change is the latest chapter in a heated battle between the city and hundreds of short-term rental properties...

  • You can visit the first SpaceX rocket booster that blasted off and came back

    You can visit the first SpaceX rocket booster that blasted off and came back

    The first reusable rocket booster that SpaceX launched and then landed back on Earth is now on display outside the company’s Hawthorne headquarters. The towering first-stage booster, which stands 162 feet above a concrete landing pad, was installed over the weekend. People who want to visit it...

  • Bonnie Baha, manager at bond fund DoubleLine, dies at 56

    Bonnie Baha, manager at bond fund DoubleLine, dies at 56

    Bonnie Baha, an investment manager and top lieutenant to L.A. bond king Jeffrey Gundlach, died Sunday after being hit by a car in Virginia. She was 56. Baha, who spent nearly two decades at downtown Los Angeles investment firm TCW, was one of many high-ranking TCW managers who left in 2010 to join...

  • Pebble Beach 2016: Gooding finishes Monterey auction week with record sale

    Pebble Beach 2016: Gooding finishes Monterey auction week with record sale

    Gooding & Co. used the last auction of Monterey Car Week to post strong numbers and set a record — the highest-priced Bugatti ever sold. The Santa Monica-based auction company, from its tent next to the Pebble Beach golf course, captured some of the crowd leaving the just-concluded Sunday afternoon...

  • 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...

  • 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...

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