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  • Hoping for a bigger raise or bonus in 2017? Don't.

    Hoping for a bigger raise or bonus in 2017? Don't.

    Anyone hoping his employer is planning to put more into raises and bonuses next year is likely to be disappointed. Human resources consulting firm Aon Hewitt's annual U.S. salary increase survey predicts that base salaries and bonuses for U.S. workers won't budge in 2017, despite a better job market...

  • 2017 GMC Acadia Denali: A high-class, high-end SUV

    2017 GMC Acadia Denali: A high-class, high-end SUV

    I was overcome by the most powerful sense of deja vu during my first half hour in the 2017 GMC Acadia AWD Denali. I knew I'd never driven one — I hadn't driven any GMC product since a Jimmy pick-up I owned in the 1970s — but it felt eerily familiar. Then I remembered: It’s basically a rebadged,...

  • Deutsche Bank shares tank as concern grows over its stability

    Deutsche Bank shares tank as concern grows over its stability

    Worries over the financial stability of Deutsche Bank returned to the fore Friday, sending shares in Germany's biggest bank to a record low and rekindling broader concerns about Europe's financial sector.  Reports that hedge funds are moving their business out of the bank were the catalyst to the...

  • Consumer spending stalls as incomes post slowest growth since winter

    Consumer spending stalls as incomes post slowest growth since winter

    Consumer spending barely grew in August after a sharp rise the previous month as incomes rose by the smallest amount since winter, the Commerce Department said Friday. Analysts had expected Americans to slow their pace of spending following strong 0.4% growth in July. But the growth of less than...

  • 2017 Cadillac CT6 is a true American grand touring car

    2017 Cadillac CT6 is a true American grand touring car

    Cadillac has nailed it. The 2017 CT6 3.0 TT Platinum, the General Motors subsidiary’s top-trim-level luxury grand touring sedan, is a sublime combination of power, performance and perks.  Especially perks. Despite the many pleasures of driving this car, the real action is in the back seat. This...

  • First it was exploding Samsung phones. Now it's exploding Samsung washing machines

    First it was exploding Samsung phones. Now it's exploding Samsung washing machines

    One Georgia mom was pulling clothes from the dryer, with her 4-year-old son nearby, when she heard the boom and saw the damage. Another woman thought something had crashed through her roof. In one instance, metal shards flung into a hallway and ripped holes in the wall. Laundry rooms have flooded....

  • Realtors: California home prices and sales expected to rise next year

    Realtors: California home prices and sales expected to rise next year

    The California housing market is expected to grow increasingly unaffordable next year, driving would-be home buyers away from high-cost coastal regions and toward the more inexpensive inland stretches of the state, according to an industry forecast. The California Assn. of Realtors on Thursday...

  • With drug prices spiking, Americans want more government action, new poll finds

    With drug prices spiking, Americans want more government action, new poll finds

    More than three in four Americans believe that prescription drug prices are unreasonable, a new poll shows. And large majorities — including Democrats and Republicans — favor aggressive government steps to make pharmaceuticals more affordable for consumers, according to the survey by the nonprofit...

  • Biotech's L.A. presence grows, with trade groups fighting over turf

    Biotech's L.A. presence grows, with trade groups fighting over turf

    In a sign of growing interest in Los Angeles County as a major biomedical hub, the California Life Sciences Assn. has opened an office in Monrovia. It also this week announced partnerships with two organizations in the L.A. region — LA BioMed, a nonprofit research institute in Torrance, and the...

  • Energy stocks surge on oil deal hopes, sending market higher

    Energy stocks surge on oil deal hopes, sending market higher

    Energy companies powered to big gains Wednesday, leading the broader stock market higher, on reports that OPEC nations were moving closer to an agreement to cut oil production. Stocks switched between gains and losses for most of the day, and most industries did not move much. Energy companies...

  • OPEC nations reach preliminary accord to curb oil production

    OPEC nations reach preliminary accord to curb oil production

    OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, pushing up prices that had sunk over the past two years and weakened the economies of oil-producing nations. Mohammed Bin Saleh Al-Sada, Qatar's energy...

  • How Experian is turning big data into big dollars

    How Experian is turning big data into big dollars

     At Experian DataLabs in San Diego, a team of scientists is thwarting bad guys with math. A top-five U.S. credit card issuer recently dumped about 6 billion transaction records on Experian DataLabs to see if its machine-learning mathematical formulas could do a better job of rooting out credit...

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