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  • 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...

  • When banks play unfairly, consumers want chance to be heard in court

    When banks play unfairly, consumers want chance to be heard in court

    The vast majority of consumers want to know they can seek their day in court if they get in a beef with a bank. That’s the main takeaway of a report last week from the Pew Charitable Trusts, which examined so-called mandatory arbitration clauses in bank contracts. These are the provisions that...

  • 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...

  • California Inc.: Apple reality show features coding for dollars

    California Inc.: Apple reality show features coding for dollars

    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. Some good news Friday on the home front: California again put up solid employment numbers...

  • 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...

  • Pebble Beach 2016: 1953 Ferrari takes Best of Show honors at the Quail

    Pebble Beach 2016: 1953 Ferrari takes Best of Show honors at the Quail

    A 1953 Ferrari 375 MM Pinin Farina Spider won Best of Show honors at the 14th annual meeting of the Quail. The all-day Friday affair, which organizers describe as “a very grand garden party” that happens to also include 250 classic cars and a Concours-style competition, took place at the Quail...

  • Mariah Carey ad is too racy for Bob Hope Airport but not for John Wayne Airport

    Mariah Carey ad is too racy for Bob Hope Airport but not for John Wayne Airport

    Mariah Carey will appear in a series of concerts at the Colosseum at Caesars Palace in Las Vegas this month but you probably won’t see any ads for her shows at Bob Hope Airport in Burbank. The Burbank-Glendale-Pasadena Airport Authority, which runs the facility, decided last week that a proposed ad for...

  • Pebble Beach 2016: Multimillion-dollar race cars zoom into auction record books

    Pebble Beach 2016: Multimillion-dollar race cars zoom into auction record books

    Two vintage race cars set sales records Friday night as the Monterey Car Week automobile auctions got up to full speed. A 1955 Jaguar D-Type car, a winner at the 1956 24 Hours of Le Mans international competition, was sold at an RM Sotheby’s event for $19.8 million ($21.7 million, with auction...

  • Uber drivers don't need Green Dot accounts for daily payments anymore

    Uber drivers don't need Green Dot accounts for daily payments anymore

    Earlier this year, ride-hailing giant Uber started allowing its drivers to get paid daily, or even several times a day, rather than weekly — but only if they had accounts with GoBank, a unit of Pasadena prepaid debit card issuer Green Dot Corp. Following the introduction of that program, called...

  • Lyft cancels car-pool feature amid report company has sought a buyer

    Lyft cancels car-pool feature amid report company has sought a buyer

    Lyft hit pause on its commuter carpool feature on Friday, citing the lack of driver opt-in for its failure. The news, first reported by Forbes, came just hours after the New York Times reported that the ride-hailing company had in recent months sought and failed to secure a buyer. "There is no...

  • 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...

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