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Celgene agrees to pay $280 million to settle cancer drug fraud suit

The pharmaceutical company Celgene Corp. has agreed to pay $280 million to settle a federal lawsuit alleging it committed fraud promoting two cancer drugs for unapproved purposes. The settlement with Celgene was announced Tuesday by federal prosecutors in Los Angeles. The lawsuit filed in federal...

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  • Bush's Baked Beans recalled because of defective cans

    Bush's Baked Beans recalled because of defective cans

    Certain cans of Bush’s Best Baked Beans — Brown Sugar Hickory Baked Beans, Country Style Baked Beans and Original Baked Beans — are being recalled because of a potential problem with a seam on the cans. People should get rid of the recalled beans even if the food does not seem to be spoiled, Bush...

  • Microsoft Paint is marked for death

    Microsoft Paint is marked for death

    Microsoft Paint, the beloved Windows graphic editing program, has been marked for death. Thirty-two years after including a Paint program in its inaugural Windows 1.0, Microsoft Corp. put Paint on its list of “features that are removed or deprecated” in the new Windows 10 Fall Creators Update,...

  • 'Captain Marvel' will receive a $20-million tax credit to shoot in California

    'Captain Marvel' will receive a $20-million tax credit to shoot in California

    “Captain Marvel,” the upcoming superhero movie starring Brie Larson as the title character, will receive more than $20 million in tax credits to film in California, making it the first Marvel Comics movie to shoot primarily in-state since 2014’s “Captain America: The Winter Soldier.” Eight studio...

  • Hulu hires a marketing officer from Google

    Hulu hires a marketing officer from Google

    Taking another step to transform itself into a more formidable competitor to Netflix and Amazon.com, streaming service Hulu on Monday said it has hired a former Google executive, Kelly Campbell, to become chief marketing officer of the Santa Monica company. In her new role, Campbell will direct...

  • California Inc.: Fed expected to signal likelihood of September rate hike

    California Inc.: Fed expected to signal likelihood of September rate hike

    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. We learned Friday that California’s economic engine quieted in June as employers reduced...

  • Warren Buffett is building up a 'recession resistant' energy powerhouse

    Warren Buffett is building up a 'recession resistant' energy powerhouse

    From California to the Midwest, billionaire investor Warren Buffett is steadily building an energy powerhouse. Buffett’s Berkshire Hathaway Energy subsidiary has gobbled up utilities and natural gas pipelines and tapped into clean energy production, including from Southern California’s abundant...

  • When student debt payoff becomes complicated by identity theft

    When student debt payoff becomes complicated by identity theft

    Dear Liz: I went back to school in 2002 to get my teaching credential. I took out several student loans and set up a repayment plan upon graduating with automatic deduction out of my checking account. Several years ago, the IRS started garnishing my bank account stating that there was a lien but...

  • Freedom of speech doesn't end once you enter a homeowner association

    Freedom of speech doesn't end once you enter a homeowner association

    Question: I live in a common interest development with a homeowner association board that aggressively stifles residents’ freedom of speech. During association elections, the board makes ample use of newsletters, meetings and minutes, association media, the recreation room and other channels to...

  • Qatar Airways CEO apologizes for 'grandmothers' comment, but rivals aren't forgiving

    Qatar Airways CEO apologizes for 'grandmothers' comment, but rivals aren't forgiving

    The chief executive of Qatar Airways has never minced words when talking about his U.S.-based rivals. But Akbar Al Baker admits he went too far earlier this month when he compared the crews on his airline with those of U.S.-based carriers. “By the way, the average age of my cabin crew is only 26...

  • SpaceX may have canceled Red Dragon Mars mission

    SpaceX may have canceled Red Dragon Mars mission

    SpaceX may have canceled its mission to Mars with a Red Dragon capsule that was set for 2020. Company Chief Executive Elon Musk retweeted a story late Friday afternoon titled “SpaceX skipping Red Dragon for ‘vastly bigger ships’ on Mars” that was published on Tesla enthusiasts blog Teslarati. The...

  • Vice Media lays off about 60 staffers as it refocuses on video

    Vice Media lays off about 60 staffers as it refocuses on video

    Vice Media laid off about 60 employees Friday in what the edgy news outlet described as a way to place a greater emphasis on video. The layoffs — which affect multiple departments and represent a 2% cut of Vice’s roughly 3,000 employees — come a month after Vice announced it had secured $450 million...

  • Disneyland brings back attractions that were closed for Star Wars land construction

    Disneyland brings back attractions that were closed for Star Wars land construction

    A year and a half after they were closed to make way for construction of a new Star Wars land, four Disneyland attractions along the Rivers of America are set to reopen. The Mark Twain Riverboat, Sailing Ship Columbia, Davy Crockett’s Explorer Canoes and the Disneyland Railroad will relaunch July...

  • Stocks slip as energy prices fall and 10-day tech rally ends

    Stocks slip as energy prices fall and 10-day tech rally ends

    U.S. stocks finished slightly lower Friday as energy companies fell with oil prices and a 10-day rally for technology companies came to an end. But Wall Street mostly avoided the sharp losses that hit European stocks. The price of U.S. crude oil fell 2.5% and pulled energy stocks lower. Technology...

  • Gender discrimination controversy grows at fabled Salk Institute

    Gender discrimination controversy grows at fabled Salk Institute

    Accusations of gender discrimination are growing at the Salk Institute, where a third female professor has sued the La Jolla science center for allegedly giving preference to men in pay, promotions, grant funding and leadership positions. Beverly Emerson, a prominent biochemist who studies how...

  • O.J. Simpson's parole hearing is a ratings dud with 13.5 million viewers

    O.J. Simpson's parole hearing is a ratings dud with 13.5 million viewers

    TV ratings aren't as big as they used to be, even for O.J. Simpson. Based on preliminary Nielsen data provided by various networks that carried the hearing, around 13.5 million TV viewers watched the Thursday hearing in which the former football star, actor and pitchman was granted parole after...

  • United Airlines says it's bumping fewer passengers since dragging scandal

    United Airlines says it's bumping fewer passengers since dragging scandal

    United Airline’s image took a beating in April because of an ugly incident caught on video involving a passenger who was dragged from his seat. Since an initial defensive response, the carrier has been working overtime to rebound from the scandal. The Chicago-based carrier this week reported that...

  • Lyft forms an autonomous vehicle unit

    Lyft forms an autonomous vehicle unit

    Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service says it will open its network, inviting automakers and...

  • Big bang for the buck: 2017 Kia Soul Turbo

    Big bang for the buck: 2017 Kia Soul Turbo

    I like boxy, practical cars — as far back as my first vehicle, a beat-up ’51 Chevy panel truck. I applauded the arrival of the Toyota Scion XB and the Honda Element when they were both introduced in 2003, and the Nissan Cube when it appeared in 2009. But I didn’t always like the way those cars...

  • California bill would boost electric car rebates by $3 billion, but where will the money come from?

    California bill would boost electric car rebates by $3 billion, but where will the money come from?

    Over seven years, California has spent $430 million on low-emission vehicle subsidies to help lower the cost for car buyers. Now the state Legislature is looking to extend that by another seven years, but with a price tag of $3 billion. Assembly Bill 1184 is being slammed for leaving basic questions...

  • AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    Two so-called “dark Web” sites dedicated to illegal drug and arms sales have been seized in an audacious sting operation, and the suspected ringleader has committed suicide, U.S. Justice Department officials said Thursday. Alexandre Cazes,a 25-year-old man from Quebec who was suspected of creating...

  • Mortgage broker rolls out another online way to assess what your house is worth

    Mortgage broker rolls out another online way to assess what your house is worth

    Do we really need another Zillow Zestimate-style online gizmo to tell us what a computer model says our homes are worth? Probably not. There already are scads of real estate and mortgage websites that offer some type of automated home valuation feature, such as Redfin, Realtor.com, Chase Mortgage,...

  • Sears to sell its Kenmore appliances on Amazon

    Sears to sell its Kenmore appliances on Amazon

    In the century before there was Amazon.com, it was Sears that was the everything store. With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring anything anyone wanted to their doorstep. But...

  • Bakersfield votes to end controversial program that funds home solar panels

    Bakersfield votes to end controversial program that funds home solar panels

    As home improvement projects to increase energy efficiency have exploded in California, so has the controversy over a property tax-based financing program that’s helped spur the growth. So-called PACE loans — which pay for solar panels, efficient appliances and other improvements — have been blamed...

  • Stocks waver as earnings and central-bank news dominate attention

    Stocks waver as earnings and central-bank news dominate attention

    U.S. stock indexes snoozed Thursday as investors were relieved the European Central Bank didn't announce any changes to its stimulus policies. The European bank maintained its current policies, and ECB President Mario Draghi said it hasn't even set a date for considering changes. Investors were...

  • East Coast hyperloop? Elon Musk claims 'verbal' approval; city officials know nothing about it

    East Coast hyperloop? Elon Musk claims 'verbal' approval; city officials know nothing about it

    Elon Musk said Thursday that he has received “verbal government approval” — but not a formal go-ahead — for his newest, tunnel-digging venture to build an underground, high-speed transportation system connecting New York, Philadelphia, Baltimore and Washington, D.C. Less than two hours after his...

  • YouTube TV expands to 10 new markets

    YouTube TV expands to 10 new markets

    YouTube TV, the video-sharing site’s subscription streaming bundle featuring popular network and cable channels, will be available today in 10 new markets, the company announced. The additional metro areas include Washington, D.C.; Houston; Atlanta; Phoenix; Detroit; Minneapolis-St. Paul; Miami-Ft....

  • British secretary of state still mulling Fox's $15-billion bid for Sky

    British secretary of state still mulling Fox's $15-billion bid for Sky

    Suspense is building in Britain over whether the Murdoch family will be able to pull off its long-held dream of owning a jewel of European broadcasting, the satellite television service Sky. Britain’s secretary of state for culture, media and sport, Karen Bradley, on Thursday told members of Parliament...

  • Cable TV upheaval prompts a wave of media merger talks

    Cable TV upheaval prompts a wave of media merger talks

    Cable television mogul John Malone for years predicted rapid consolidation in media, adding that there was an opportunity for small independent companies — so-called free radicals — to be swept together to create a more formidable media company. Charter Communications, which is backed by Malone’s...

  • Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland’s Fastpass system, the ride reservation system that the park invented in 1999, has moved into the digital age. The Anaheim resort launched a smartphone version of the ride reservation system Wednesday. It operates from the park’s smartphone app, and unlike the free reservation system...

  • There's a new buyer involved in Wanda's multibillion-dollar asset sale

    There's a new buyer involved in Wanda's multibillion-dollar asset sale

    Dalian Wanda Group’s announcement last week that it would sell $9.3 billion in tourism assets to a rival Chinese property developer came as a shock, illustrating the sudden reversal of a company thought to have deep pockets to match its lofty ambitions. Its move Wednesday to amend the agreement...

  • Tech and healthcare lift stocks to new records

    Tech and healthcare lift stocks to new records

    U.S. stocks continued to climb Wednesday, led by technology, healthcare and energy companies. Media companies also rose as stock indexes set record highs. The technology part of the Standard & Poor's 500 index broke the record it set in March 2000, before the dot-com bubble burst. Energy companies...

  • Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Mexican authorities say the U.S. Department of Homeland Security has instituted heightened security measures for laptops and tablets on U.S.-bound flights from the country. Mexico's Transportation Department said in a statement that the measures took effect starting Wednesday for “electronics larger...

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  • 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...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

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