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  • Driving the 2017 Ferrari California T HS

    Driving the 2017 Ferrari California T HS

    One of the many delights of the just-concluded annual Monterey Car Week is Casa Ferrari. Every year, the luxury Italian car maker takes over a vintage filling station north of Big Sur, now home to the Carmel Highlands General Store, and dresses it up like a Tuscan villa. Ferrari owners and prospects...

  • Drug companies spend millions to keep charging high prices

    Drug companies spend millions to keep charging high prices

    Pharmaceutical heavyweight Mylan, the latest poster child for drug-industry greed, finally stuck up for itself Thursday. It argued that “the system,” not avarice, was to blame for the company jacking up the price of EpiPens, a common (and life-saving) allergy remedy, by over 400%. “Look, no one’s...

  • Anti-gas drops may increase infection risk with medical scopes, study says

    Anti-gas drops may increase infection risk with medical scopes, study says

    A surprising ingredient — abdominal gas relief drops for infants — may be contributing to the contamination of medical scopes nationwide and putting more patients at risk of infection, according to a small but provocative study. Researchers in Minnesota unexpectedly found cloudy, white fluid inside...

  • Healthcare companies pull stocks lower

    Healthcare companies pull stocks lower

    Stocks fell in light trading Thursday for a second day as investors sifted through a mix of earnings reports. The major indexes wavered between small gains and losses in the morning, then moved lower in the afternoon as investors dumped healthcare stocks. Disappointing earnings from a few retailers...

  • Apple boosts iPhone security after powerful spyware targets an activist

    Apple boosts iPhone security after powerful spyware targets an activist

    A botched attempt to break into an activist's iPhone using hitherto unknown espionage software has triggered a global upgrade of Apple's mobile operating system, researchers said Thursday. The spyware took advantage of three previously undisclosed weaknesses in Apple's mobile operating system to...

  • Uber reportedly lost $1.3 billion in this year's first half

    Uber reportedly lost $1.3 billion in this year's first half

    Uber may be gaining riders. It may be on the cutting edge of developing self-driving car technology.  But it's a money-loser. That's according to details given by Gautam Gupta, Uber Technologies Inc.'s finance head, who in a recent conference call with Uber investors said the ride-hailing giant...

  • Will Hyundai's eco-friendly Ioniq woo hearts away from Prius?

    Will Hyundai's eco-friendly Ioniq woo hearts away from Prius?

    Hyundai Motors, South Korea’s flagship automaker, transformed itself over the decades from bit player to global dynamo. In 1998, the company sold a mere 90,000 cheap and tinny cars to U.S. customers. But that same year, it bought Kia Motors out of bankruptcy. And last year, the two combined sold...

  • EpiPen maker boosts discount programs but holds price steady, despite outrage

    EpiPen maker boosts discount programs but holds price steady, despite outrage

    Mylan is bulking up programs that help patients pay for its EpiPen emergency allergy treatment after weathering heated criticism about an average cost that has climbed more than 500% over the last decade. But the drugmaker didn't budge on its price, which has drawn ire both in Congress and from...

  • WhatsApp is going to share your phone number with Facebook

    WhatsApp is going to share your phone number with Facebook

    Global messaging service WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company. That means WhatsApp users could soon start seeing more targeted ads on Facebook — although not on the messaging service itself. The move is a subtle but significant shift...

  • A strong market for financial advisors

    A strong market for financial advisors

    For LPL Financial Chief Executive Mark Casady, one key to success is not losing sight of your game plan in the midst of distractions. It’s advice that can be applied to investing or to running a business. Over the last couple of years, there have been more than a few distractions for LPL Financial,...

  • Young kids love YouTube more than Disney and Oreo, study finds

    Young kids love YouTube more than Disney and Oreo, study finds

    A new study has determined something most astute parents already know: YouTube is the most-loved brand among young kids. The digital video service, owned by Alphabet Inc., scored highest among children 6 to 12 for the first time in market research firm Smarty Pants’ eighth annual “Brand Love” study....

  • Uber drivers' new option: Start a retirement account through the app

    Uber drivers' new option: Start a retirement account through the app

    Uber has a new tool in its arsenal to attract and retain drivers: retirement savings accounts. The San Francisco ride-hailing company announced Wednesday that it teamed up with automated investor service Betterment to offer its drivers a way to set up retirement accounts through the ride-hailing...

  • Photographer seeking $1 billion from Getty Images

    Photographer seeking $1 billion from Getty Images

    An accomplished photographer who lets the public use thousands of her images of America for free has sued the Getty Images photo agency for more than $1 billion, saying it is improperly selling her work to customers and threatening those who don't pay. The photographer, Carol Highsmith, whose work...

  • Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks fall as EpiPen pricing questions pull down healthcare companies

    Stocks closed lower Wednesday, led by sharp declines in healthcare companies as outrage escalates over the steep price hikes for Mylan's EpiPens. Trading remained quiet overall, with many investors on vacation. It was another below-average day of trading volume on the New York Stock Exchange. The...

  • Flexible work schedules reward dads, not moms, report says

    Flexible work schedules reward dads, not moms, report says

    Flexible schedules free workers from rigid hours, boosting their health and productivity. Or they kill collaboration. It depends on who you ask. Some business leaders bill a policy of flexible hours as a panacea for working parents. Why take a day off when your child has the flu if you have a laptop?...

  • Weedmaps — a Yelp for pot — is riddled with suspicious reviews

    Weedmaps — a Yelp for pot — is riddled with suspicious reviews

    Millions of consumers treat Weedmaps like the Yelp for pot, relying on the Irvine company as their definitive guide to marijuana dispensaries, varieties and doctors. But a key feature — user reviews of pot businesses — may be tainted by thousands of potentially fraudulent comments, a flaw in the...

  • Banc of California snags naming rights for L.A. Football Club soccer stadium

    Banc of California snags naming rights for L.A. Football Club soccer stadium

    When the Los Angeles Football Club takes the field in its new Exposition Park stadium in 2018, its home pitch will bear the name of an Irvine bank some Angelenos might not have heard of. Yet the scope of the 15-year deal that the Banc of California announced Tuesday with the Major League Soccer...

  • Stocks notch modest but steady gains; home builders soar

    Stocks notch modest but steady gains; home builders soar

    Stocks posted modest gains Tuesday, bringing indexes nearly back to the record levels they reached last week. Home builders rose sharply after a big jump in sales of new homes last month, and Best Buy soared after the electronics retailer reported a surge in profit as online sales increased. The...

  • EpiPens' price jumped more than 500%, and lawmakers want to know why

    EpiPens' price jumped more than 500%, and lawmakers want to know why

    Members of Congress are demanding more information on why the price of lifesaving EpiPens has skyrocketed. EpiPens are injection devices used to ward off potentially fatal allergic reactions, and the price has surged in recent years. A two-dose package cost around $94 nine years ago. The average...

  • Even more Ludicrous: Elon Musk says Tesla now has the world's fastest production car

    Even more Ludicrous: Elon Musk says Tesla now has the world's fastest production car

    Tesla Motors Chief Executive Elon Musk held a news conference Tuesday to announce that the company had shaved a few tenths of a second off its fastest car. A Tesla Model S P100D equipped with “Ludicrous” mode will now go from zero to 60 miles per hour in 2.5 seconds, Musk said. The current model...

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