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  • Tech and consumer companies lead stocks higher

    Tech and consumer companies lead stocks higher

    U.S. stocks rebounded Tuesday and climbed after a survey showed consumer confidence is at a nine-year high, a sign Americans will keep spending in the months to come. Technology and consumer stocks made the largest gains. The market opened lower after two days of losses but quickly recovered. The...

  • Sea Launch to be acquired by Russian aviation holding company

    Sea Launch to be acquired by Russian aviation holding company

    Sea Launch, a satellite launcher that has flung rockets into space from a floating platform in the Pacific Ocean and has its home port in Long Beach, is being acquired by a Russian firm. S7 Group, a private aviation holding company, said it signed an agreement Tuesday with Sea Launch Group to acquire...

  • Google-backed LendUp fined by regulators over payday lending practices

    Google-backed LendUp fined by regulators over payday lending practices

    Online lending start-up LendUp, which has billed itself as a better and more affordable alternative to traditional payday lenders, will pay $6.3 million in refunds and penalties after regulators uncovered widespread rule-breaking at the company. The California Department of Business Oversight,...

  • DJI shrinks and simplifies its new Mavic Pro drone, giving GoPro's Karma a rival

    DJI shrinks and simplifies its new Mavic Pro drone, giving GoPro's Karma a rival

    The top civilian drone maker’s latest model is small enough to slip into purses and controllable with just a smartphone. The Mavic Pro represents a significant leap for Chinese start-up DJI, whose Phantom and Inspire offerings dominate the camera drone market. The unveiling of the Mavic Pro on...

  • L.A. tech news: SGN to Jam City. Foursquare to Playa Vista. Branch Messenger to Minneapolis.

    L.A. tech news: SGN to Jam City. Foursquare to Playa Vista. Branch Messenger to Minneapolis.

    Mobile game maker SGN renamed itself Jam City last week, seeking to inject more fun into its brand. For a start-up that makes colorful matching and bubble-bursting games including Juice Jam and Panda Pop, SGN — short for Social Gaming Network — came off as a stodgy and dull, the Culver City company...

  • Why Disney is unlikely to buy Twitter

    Why Disney is unlikely to buy Twitter

    One is an entertainment giant famous for exacting tight control over its content. The other is a tech firm whose commitment to free speech has earned it a reputation as a hub for news and a haven for online harassment.  Together, they make for a brow-raising pairing. But stranger things have happened...

  • Data firm Palantir accused of systematically discriminating against Asian job applicants

    Data firm Palantir accused of systematically discriminating against Asian job applicants

    The U.S. Department of Labor has filed a lawsuit accusing a fast-growing Silicon Valley software company of systematically discriminating against Asian job applicants. Palantir Technologies was co-founded by prominent tech financier Peter Thiel, with backing from an investment arm of the CIA, and...

  • Attendance and sales of hot sauce balls rise at L.A. County Fair

    Attendance and sales of hot sauce balls rise at L.A. County Fair

    Cooler weather, dinosaurs and deep-fried hot sauce balls helped push attendance up 3% at this year’s Los Angeles County Fair. The annual celebration of carnival rides and outrageously fattening foods drew 1.32 million guests, up from 1.28 million last year at the Fairplex at Pomona. The fair, which...

  • Stocks slide broadly; Deutsche Bank worries hit other banks

    Stocks slide broadly; Deutsche Bank worries hit other banks

    U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank plunged as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies. Stocks fell for the second day in a row. Banks were...

  • California considers using high-traffic roads to produce electricity

    California considers using high-traffic roads to produce electricity

    All those cars on California's famously gridlocked highways could be doing more than using energy. They could be producing it. The California Energy Commission is investing $2 million to study whether piezoelectric crystals can be used to produce electricity from the mechanical energy created by...

  • Airbnb takes a toll on the U.S. lodging industry, but Los Angeles hotels continue to thrive

    Airbnb takes a toll on the U.S. lodging industry, but Los Angeles hotels continue to thrive

    The U.S. hotel industry’s robust recovery from the recession is expected to slow down next year partly because of growing competition from short-term rental companies like Airbnb. That is one of the conclusions of a Moody’s Investor Service analysis that provided a rare look at data on how short-term...

  • SpaceX's Elon Musk is set to announce plans for colonizing Mars

    SpaceX's Elon Musk is set to announce plans for colonizing Mars

    As if he doesn’t have enough on his plate with solving the mystery of an exploding rocket and tweaking Tesla’s driver-assistance software, SpaceX Chief Executive Elon Musk will discuss plans for colonizing Mars at a space conference in Mexico on Tuesday. In a highly-anticipated speech titled “Making...

  • Rocket Lab finishes launch complex in New Zealand

    Rocket Lab finishes launch complex in New Zealand

    Small-satellite launch firm Rocket Lab has completed its New Zealand launch complex ahead of a first test flight expected this year. The Los Angeles rocket company’s Launch Complex One is located on the Mahia Peninsula on the east coast of New Zealand’s North Island. The pad will be the primary...

  • New home sales drop 7.6% in August nationwide but rise in the West

    New home sales drop 7.6% in August nationwide but rise in the West

    One month after surging to their highest level in nearly nine years, sales of new homes nationwide retreated in August, with the exception the west, the Commerce Department reported Monday.  Sales of newly built houses in the west jumped 8% from a month earlier, while nationwide sales dropped 7.6%...

  • Snapchat to sell Spectacles, sunglasses with an embedded camera

    Snapchat to sell Spectacles, sunglasses with an embedded camera

    In the coming weeks, Snapchat plans to begin selling sunglasses that have a small camera capable of recording 10-second video clips. The high-tech shades will cost $130 and mark the app maker’s first crack at electronics, the Wall Street Journal Magazine reported late Friday. Snapchat Chief Executive...

  • Airlines seek to limit types of therapy animals allowed on planes

    Airlines seek to limit types of therapy animals allowed on planes

    Turkeys, pigs and even roosters have flown the friendly skies, carried onto commercial planes by passengers who identified the critters as emotional support animals. But a committee of airline representatives and disabled rights advocates has been meeting for months in Washington, D.C., to come...

  • A few extra pounds can hurt your job chances -- more so if you're a woman

    A few extra pounds can hurt your job chances -- more so if you're a woman

    The suddenly reluctant zipper can bring more than a sting of self-consciousness. A new study from the journal Plos One out this month found slight weight gain can hurt a job seeker's employment chances -- especially a woman's. The authors, a team of Scottish and Canadian researchers, already knew...

  • How to decide when to start receiving Social Security benefits

    How to decide when to start receiving Social Security benefits

    Should I start receiving Social Security benefits at 62 or wait a few years? How does my decision affect my spouse’s benefits? Every day tens of thousands of people are making decisions about when they’ll start receiving Social Security, but many people don’t know what options are available to...

  • Airline fees create the 'billion-dollar club' for 10 carriers

    Airline fees create the 'billion-dollar club' for 10 carriers

    The airline industry collects so much revenue from charges to check bags, reserve seats, buy food and connect to the Internet, among other things, that 10 of the world’s biggest carriers have surpassed the $1-billion revenue mark solely from fees. A report by IdeaWorks, a Wisconsin-based consultant...

  • Alaska Airlines tries out DIY bag tagging at LAX

    Alaska Airlines tries out DIY bag tagging at LAX

    Alaska Airlines has gained a reputation for being willing to test new technology on its passengers. The Seattle-based carrier tried adding solar panels to power its passenger ramps in 2013. The airline tested out fingerprint machines to identify passengers at its airport lounges in 2014 and launched...

  • California labor commissioner fines illegal garment businesses

    California labor commissioner fines illegal garment businesses

    Eighteen garment companies received fines of more than $682,000 for violating labor laws, state regulators announced. The businesses, all based in Los Angeles, were inspected this month by the California labor commissioner’s office.  The inspections revealed that the companies did not have workers’...

  • It's strange Yahoo took 2 years to discover a data breach, security experts say

    It's strange Yahoo took 2 years to discover a data breach, security experts say

    When Yahoo reported Thursday that hackers had breached its databases and gained access to users’ emails, dates of births, encrypted passwords and security answers, cybersecurity experts weren’t surprised. Cyberattacks are, after all, now par for the course, and no company is immune.  But what struck...

  • American Apparel is losing CEO Paula Schneider, who was supposed to turn it around

    American Apparel is losing CEO Paula Schneider, who was supposed to turn it around

    Paula Schneider, the chief executive tasked with turning around American Apparel Inc.'s flagging business, is leaving, according to two sources close to the company. Chelsea Grayson, the company’s general counsel and chief administrative officer, will take the reins as CEO on Oct. 3 — opening yet...

  • Stocks move lower as energy and tech shares fall

    Stocks move lower as energy and tech shares fall

    U.S. stock indexes closed moderately lower Friday after three days of gains. Several technology stocks traded heavily, including Yahoo, Twitter and Facebook. Energy stocks fell along with a steep decline in the price of oil. The Dow Jones industrial average sank 131.01 points, or 0.7%, to 18,261.45....

  • Salesforce, Google may be interested in buying Twitter

    Salesforce, Google may be interested in buying Twitter

    Shares of Twitter Inc. surged Friday after reports that the social media company could receive a formal bid soon. Citing unnamed sources, CNBC reported that Twitter has received “expressions of interest” from several tech companies and was “engaged in conversations with potential suitors.” Those companies...

  • SpaceX explosion: 'Large breach' took place in helium system in second stage of rocket

    SpaceX explosion: 'Large breach' took place in helium system in second stage of rocket

    Early analysis of debris and data from SpaceX’s launch pad explosion suggests that a “large breach” took place in the cryogenic helium system of the rocket’s second-stage liquid oxygen tank, the space company said Friday. The Hawthorne space company said it still has not determined the root of...

  • World's airlines on pace to pocket record $39 billion in profits

    World's airlines on pace to pocket record $39 billion in profits

    Noted investor Warren Buffett once warned that investing in airlines was “a death trap.” He may be rethinking his view on the airline industry now that the trade group for the world’s carriers has predicted that the industry will pocket a record $39.4 billion this year. Alexandre de Juniac, director-general...

  • Marriott closes $13-billion purchase of Starwood to become world's largest hotel chain

    Marriott closes $13-billion purchase of Starwood to become world's largest hotel chain

    Several of the best-known names in travel are now united in one hotel company. Marriott International closed Friday morning on its $13-billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz-Carlton brands with Starwood’s Sheraton, Westin,...

  • Here are some tax breaks and loan options to help pay for college

    Here are some tax breaks and loan options to help pay for college

    Your child has selected a college, and now comes the fun part: figuring out how to pay for it. Because the four-year cost of college can range from $100,000 to $280,000 per child, parents must have a plan for how to fund their children’s higher education.  First, a suggestion: Manage your children’s expectations...

  • What you should do if you have a Yahoo account

    What you should do if you have a Yahoo account

    Yahoo confirmed Thursday that at least 500 million user accounts had been affected by a massive breach. Here are some answers to basic questions that you may have about the breach. What information has been hacked? Yahoo's chief information security officer, Bob Lord, said in a blog post that account...

  • 2016 Toyota Mirai: A fuel cell phenom hits the road running

    2016 Toyota Mirai: A fuel cell phenom hits the road running

    The world’s car companies are all reaching for the same holy grail: a good-running, zero-emissions vehicle that has long driving range. And is affordable. And can be refueled quickly. Toyota’s latest entry is an electric-motor vehicle that boasts a range of 312 miles and can be refueled in three...

  • Tenant buyouts lead to protests and a crackdown plan by L.A. City Council

    Tenant buyouts lead to protests and a crackdown plan by L.A. City Council

    Curtis Jeter recalls fearing for his future when his new landlord told him he must move from his South Los Angeles apartment because the building in the gentrifying neighborhood would no longer be for rent. In early August, when Los Angeles developer CIM Group offered the West Adams resident $8,000...

  • Enrollment is tanking at the University of Phoenix, DeVry and other for-profit colleges

    Enrollment is tanking at the University of Phoenix, DeVry and other for-profit colleges

    Some of the nation's largest for-profit colleges are suffering steep declines in enrollment amid growing competition, new regulation and government pressure that led to the recent collapse of one of the industry's biggest players, ITT Technical Institute. The industry has been losing students for...

  • China's Wanda Group accused of funneling foreign money into Beverly Hills ballot measure

    China's Wanda Group accused of funneling foreign money into Beverly Hills ballot measure

    A labor union representing hotel workers filed a complaint Thursday calling on state and federal election officials to investigate the potential illegal use of foreign money in a heated Beverly Hills ballot measure that has pitted the owner of the Beverly Hilton against a builder controlled by...

  • Yahoo hacked: Personal data stolen from at least 500 million accounts

    Yahoo hacked: Personal data stolen from at least 500 million accounts

    Yahoo Inc. suffered a data breach in 2014 that affected at least 500 million Yahoo user accounts, the company announced Thursday. The Sunnyvale, Calif., Internet firm said the hacker is believed to be a “state-sponsored actor” and may have gained access to user information such as names, email...

  • Tesla sues Michigan, challenging law that automakers must sell through dealers

    Tesla sues Michigan, challenging law that automakers must sell through dealers

    Tesla Motors Inc. sued Michigan Gov. Rick Snyder and other top state officials Thursday, challenging a law that ensures automakers can sell only through independent, franchised dealerships and not directly to customers. The federal lawsuit seeks a declaratory judgment that the 2014 “anti-Tesla”...

  • Disneyland brings back Southern California annual passes at a higher price

    Disneyland brings back Southern California annual passes at a higher price

    Two years after Disneyland discontinued an annual pass for Southern California residents, the Anaheim theme park is bringing the pass back — with a price increase. Disneyland officials suspended new sales of the Southern California Annual Passport in 2014, in part to help address surging attendance...

  • Stocks rise, led by high-dividend sectors

    Stocks rise, led by high-dividend sectors

    Stocks posted solid gains Thursday as investors, comfortable that the Federal Reserve will keep interest rates low for now, bought up stocks that pay big dividends. Real estate companies rose as investors looked for income. So did telecom stocks, which also typically pay higher-than-average dividends....

  • LinkedIn wants its new Learning tool to help you keep your job

    LinkedIn wants its new Learning tool to help you keep your job

    LinkedIn has long been the social network of choice for people looking for a job. Now the strait-laced cousin of Facebook also wants to be the social network for people looking to keep the jobs they already have. On Thursday, the San Francisco firm announced LinkedIn Learning, a feature that offers...

  • Donald Trump promises to 'lift the restrictions on American energy' in appeal to fracking industry

    Donald Trump promises to 'lift the restrictions on American energy' in appeal to fracking industry

    Donald Trump promised to lift environmental regulations, open federal lands to oil and gas production and ease permitting for oil pipelines during a speech at a fracking conference in Pittsburgh on Thursday in which he accused Hillary Clinton of wanting to kill the energy industry. “I am going...

  • When robots and humans take turns at the wheel

    When robots and humans take turns at the wheel

    Until recently, there was no question about who’s responsible for an automobile’s operation: the driver. One-hundred percent. When driverless cars without a steering wheel or brake pedal start hitting the highway, your only role will be ordering the car where to go.  Between now and then — about...

  • Drivers over 85 are the fastest-growing group on the road

    Drivers over 85 are the fastest-growing group on the road

    Not sure that driverless cars are safer than cars driven by humans? Consider this: Drivers over the age of 85 represent the fastest-growing segment of American automobile users. Their numbers doubled between 1998 and 2013, to 3.48 million drivers — the highest number ever on record — and the number...

  • How does a mall cope when a big tenant like Macy's closes?

    How does a mall cope when a big tenant like Macy's closes?

    Like many mall owners, Irvine Co. recently got troubling news: A big tenant at its Irvine Spectrum Center, a Macy’s department store, would close in early 2016. But instead of looking for a new tenant, Irvine Co. is looking for 20 of them. As part of a $150-million overhaul of the open-air shopping...

  • MacArthur 'genius' winner: This immigrant helps others build good credit

    MacArthur 'genius' winner: This immigrant helps others build good credit

    Jose Quinonez crossed the border from Mexico to California when he was 9 years old, accompanied by his five siblings, driven out of his home after the death of their father and mother. Three decades later, Quinonez is set to receive one of the most prestigious honors offered to American professionals:...

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