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A hot market for IPOs shows itself — at least for a week

Ample free food and other perks are nice, but it’s stock options and lofty missions that often seduce people into joining tech start-ups. That’s why Jeff Green will never forget the excited expressions on employees’ faces last month when he told them their advertising software company would go...

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  • 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...

  • 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....

  • Stocks jump after Federal Reserve leaves interest rates unchanged

    Stocks jump after Federal Reserve leaves interest rates unchanged

    U.S. stocks climbed Wednesday as investors felt relieved that the Federal Reserve once again left interest rates unchanged. That sent dividend-paying stocks higher. Energy companies jumped with the price of oil. Stocks made a big gain after the Fed's decision, which ended weeks of confusion for...

  • These HD TV sets use more energy than you'd expect, group alleges

    These HD TV sets use more energy than you'd expect, group alleges

    An environmental group is accusing three major television manufacturers of misleading consumers and regulators about how much energy their high-definition screens devour and that sets from two of the companies are designed to draw less power during government testing than in ordinary use. The report...

  • Priscilla Chan and Mark Zuckerberg pledge $3 billion to fight diseases

    Priscilla Chan and Mark Zuckerberg pledge $3 billion to fight diseases

    After investing millions of dollars in education and opening their own private K-12 school this year, pediatrician Priscilla Chan and her husband, Facebook founder Mark Zuckerberg, announced Wednesday that they will invest $3 billion over the next decade to fight diseases. The funds will come...

  • Tesla to release Autopilot update under shadow of security hack

    Tesla to release Autopilot update under shadow of security hack

    Hacking into a phone is unlikely to physically hurt the victim. But hacking into a car? A security research team in China hacked into a Tesla Model S and said they took over the car’s brakes from 12 miles away. A video released this week shows members of the research team being thrust forward as...

  • McLaren refutes report that it is in talks with Apple

    McLaren refutes report that it is in talks with Apple

    Not so fast. High-performance car company McLaren is putting the brakes on a report that it was in talks to get acquired by Apple Inc.  The story, reported by the Financial Times, said the two firms have been talking for several months about plans to have Apple make a strategic investment in the...

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