NATION
'Faith, family, football': How a Texas town is healing after a cop killed a black teenager

BUSINESS

BUSINESS NEWS

Stocks’ last-minute rebound nudges S&P 500 and Dow to new highs

A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market's winning streak and milestone-setting run. The Standard & Poor's 500 index and Dow Jones industrial average closed higher for the fifth straight day, each posting new highs. The other indexes finished...

TRUMP ADMINISTRATION

FULL COVERAGE

BUSINESS HIGHLIGHTS

Read more

HOT PROPERTY

view celebrity and luxury homes

MORE FROM BUSINESS

  • Jack Gao leaves Wanda and Legendary Entertainment

    Jack Gao leaves Wanda and Legendary Entertainment

    Dalian Wanda Group executive Jack Gao, who had been leading the Chinese conglomerate’s film subsidiary Legendary Entertainment, has stepped down from his job, according to a person briefed on the matter. Gao was senior vice president of Wanda’s cultural industry group, where he served a key role...

  • American Flat Track motorcycle racing closes season with strong numbers

    American Flat Track motorcycle racing closes season with strong numbers

    The season is over. The numbers are in. Flat track is back and it’s big again. The American Flat Track race schedule for 2017 ended Oct. 7 at Southern California’s Perris Auto Speedway. At the conclusion of the 18-race series, the top three positions in the main class were held by Jared Mees, Bryan...

  • Airbus notches win over rival Boeing with Bombardier deal

    Airbus notches win over rival Boeing with Bombardier deal

    Airbus scored a point in its high-stakes rivalry with Boeing by striking a deal just across the U.S. border. The European plane maker reached an unusual, no-cost deal with Canada's Bombardier that sent Airbus shares up Tuesday, boosts both companies' prospects in Asia and should save thousands...

  • Power plant developer pulls the plug on its natural gas project in Oxnard

    Power plant developer pulls the plug on its natural gas project in Oxnard

    The developer of a proposed natural gas power plant in Ventura County asked state regulators Monday to suspend review of the plans, effectively ending the controversial project. In response to regulators’ recommendation this month to reject the project, NRG Energy asked the California Energy Commission...

  • State Treasurer John Chiang extends sanctions on Wells Fargo for another year

    State Treasurer John Chiang extends sanctions on Wells Fargo for another year

    The state of California will continue its financial sanctions against Wells Fargo for a second year following a string of new disclosures about bad practices at the bank since its sham accounts scandal unfolded. State Treasurer and gubernatorial candidate John Chiang said Monday that revelations...

  • FTC and 11 states crack down on student loan scams

    FTC and 11 states crack down on student loan scams

    Federal and state officials have launched the first national crackdown on companies that they say gouge student loan borrowers, accusing the companies of taking more than $95 million in illegal fees in recent years and falsely promising debt relief. The Federal Trade Commission, 11 states and the...

  • Hundreds of Tesla workers were let go for subpar performance, the company says

    Hundreds of Tesla workers were let go for subpar performance, the company says

    Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The San Jose Mercury News, which broke that story, said Tesla...

  • Nordstrom suspends its plan to go private

    Nordstrom suspends its plan to go private

    An effort to take Nordstrom Inc. private has halted, at least temporarily. In June, members of the Nordstrom family — including company co-Presidents Blake, Peter and Erik Nordstrom — said they were thinking about acquiring the approximately 70% of the stock they don't already own. Going private...

  • Netflix sinking deeper into debt to fuel subscriber growth

    Netflix sinking deeper into debt to fuel subscriber growth

    Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service. The big burden that Netflix is shouldering hasn't been a major concern on Wall Street so far, as CEO Reed...

  • Stocks edge up, extending their winning streak

    Stocks edge up, extending their winning streak

    U.S. stocks posted modest gains Monday, extending a record-setting run into a sixth straight week. Financial and technology companies notched some of the biggest gains. Energy stocks rose as crude oil prices went up. Healthcare companies declined the most. Bond prices fell. The three major stock...

  • 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...

  • Facebook takes on food delivery, challenges Uber and others

    Facebook takes on food delivery, challenges Uber and others

    Several online services already offer food delivery, but that doesn't mean Facebook won't jump on board anyway. The social media giant says ordering food for takeout or delivery is complicated. It promises to help save time by bringing existing food-delivery services into its app and partnering...

  • #WomenBoycottTwitter to show support for those harassed on the social media platform

    #WomenBoycottTwitter to show support for those harassed on the social media platform

    Twitter Inc. gave the world the hashtag. Now the social media company is witnessing the power of the pound sign firsthand. A 24-hour boycott of Twitter by women Friday served as a protest against the silencing of women’s voices and a show of support for women who have been harassed on the social...

  • Giant Toyota campus in Torrance being sold to Irvine developer Sares Regis

    Giant Toyota campus in Torrance being sold to Irvine developer Sares Regis

    Irvine developer Sares Regis is buying the sprawling Toyota office complex in Torrance that was formerly the Japanese car manufacturer’s North American headquarters. The sale by Toyota of its 110-acre campus near the 405 Freeway is expected to close this month, according to people who know about...

Business Articles

View More
  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • 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...

EDITION: California | U.S. & World
74°