Membership
Get unlimited digital access. Try it today for only $0.99.

BUSINESS

BUSINESS NEWS

BUSINESS HIGHLIGHTS

HOT PROPERTY

view celebrity and luxury homes

MORE FROM BUSINESS

  • She has grand designs on how interiors should be

    She has grand designs on how interiors should be

    The gig: Leura Fine, 29, is founder and chief executive of Laurel & Wolf, which specializes in residential and commercial interior design. Fine is also one of Forbes' 2016 selections for "30 under 30," young entrepreneurs who are rapidly climbing the ladder in their business sector or completely...

  • Because CC&R amendments must involve owners, no notice is required after the vote

    Question: I'm a director on the board at my homeowner association. An attorney told us that Civil Code section 4360(c) requires a homeowner association to give formal notice to all titleholders within 15 days of voting to approve a proposed rule. But I can't find a provision that requires any notice...

  • Robots deliver fun with hotel room service orders, and they don't expect a tip

    Robots deliver fun with hotel room service orders, and they don't expect a tip

    Your hotel's newest bellhop may be a robot. A Santa Clara, Calif., start-up and its "autonomous robot helpers" received $15 million in new financing last month. Savioke's goal is to put robots in hotels across the country, building on its current stable of 12, including one near Los Angeles International...

  • Orange County breaks tourism record with 47 million visitors in 2015

    Orange County breaks tourism record with 47 million visitors in 2015

    Thanks to the allure of Disneyland and huge growth in convention attendance, Orange County hosted a record 47.3 million visitors last year. The county's visitor total represents a 3% increase over 2014 and is the second year in a row that the region has set a fresh tourism record, according to...

  • Deciding which student loan to pay off first

    Deciding which student loan to pay off first

    Dear Liz: I am going to pay off one of my daughter's private student loans. One has a balance of $8,500 at 4% interest and the other is for $7,500 at 6%. Which one should I pay off? Answer: You have a lucky daughter, either way. In addition to balances and rates, the other variable you need to...

  • Facebook's new Sports Stadium feature gets big tryout for Super Bowl

    Facebook's new Sports Stadium feature gets big tryout for Super Bowl

    For many sports fans, scanning Twitter while watching a game goes together like guacamole and chips. But waning interest in Twitter and its struggle to add users and captivating features has Facebook jostling to become the go-to TV companion for sports viewers. The two social media companies will...

  • For American Apparel, now out of bankruptcy, it's 'the start of a new day'

    For American Apparel, now out of bankruptcy, it's 'the start of a new day'

    American Apparel emerged from bankruptcy Friday, canceling shares of its publicly traded stock and becoming a private company. The Los Angeles clothing retailer and manufacturer is now owned by its former creditors under the name American Apparel LLC. The holdings of former American Apparel Inc....

  • Wary response to report of Mattel, Hasbro merger

    Wary response to report of Mattel, Hasbro merger

    A report that Mattel Inc. and Hasbro Inc. might seek a bigger toy box via a merger drew a cautious response Friday from investors and industry analysts.Stock prices for the nation's two largest toy makers fell after the companies declined to comment on the report, and analysts questioned how much...

  • Twitter offers new, though limited, evidence that it's driving terrorists away

    Twitter offers new, though limited, evidence that it's driving terrorists away

    Twitter Inc. announced Friday that it had deleted 125,000 terrorist-related accounts in the last seven months. The moves comes after months of criticism from President Obama and others who complained that social media companies weren't doing enough to stifle extremist discussion online. Still,...

  • Stocks close lower, pulled down by disappointing jobs report

    Stocks close lower, pulled down by disappointing jobs report

    Stocks posted steep losses Friday, ending the week with broad declines, as investors fretted over a report showing that U.S. job creation slowed last month. Technology stocks fell especially hard, and shares of LinkedIn had their worst day in history. Energy and consumer discretionary stocks fell...

  • Marinello Schools of Beauty abruptly shuts down after federal allegations

    Marinello Schools of Beauty abruptly shuts down after federal allegations

    Marinello Schools of Beauty abruptly shut down, closing all 56 of its campuses, including 39 in California, after the U.S. Department of Education said the for-profit cosmetology school was improperly allocating federal student aid money. The Department of Education said earlier this week that...

  • LinkedIn shares plunge a day after earnings report

    LinkedIn shares plunge a day after earnings report

    Shares of LinkedIn Corp. plummeted Friday to their lowest level in more than three years, a day after the professional social-networking company reported significantly lower revenue projections for 2016. The Mountain View, Calif., company’s stock closed down more than 43% to $108.38. See the most-read...

  • Sluggish jobs report raises questions about the direction of U.S. economy

    Sluggish jobs report raises questions about the direction of U.S. economy

    For the last two years, America's job-creation machine has been like “The Little Engine That Could,” chugging ahead with "I think I can, I think I can" regardless of headwinds at home or abroad. The nation added 3 million jobs in 2014, making up all the ground lost in the Great Recession, and then...

  • Apple begins offering trade-in credit for damaged iPhones

    Apple begins offering trade-in credit for damaged iPhones

    Apple Inc. has begun offering trade-in credit for damaged iPhones, a strategy that could encourage people to buy a newer model rather than try to fix or bear with their current device. Apple is under pressure from investors to show that slowing sales of iPhones isn’t a long-term trend. Fostering...

  • Chicago entrepreneur buys a large stake in L.A. Times' owner

    Chicago entrepreneur buys a large stake in L.A. Times' owner

    A Chicago entrepreneur who already owns one of that city's daily newspapers is now the largest shareholder in Los Angeles Times owner Tribune Publishing after making a $44.4-million investment — one that could bolster the company's planned bid for the Orange County Register.Michael Ferro, through...

  • Top state legislators raise concern about electric grid expansion

    Top state legislators raise concern about electric grid expansion

    California legislative leaders questioned Thursday a proposal to expand the electric grid to include one of the largest users of coal-fired power plants in the west. In a letter to Gov. Jerry Brown, Senate President pro Tempore Kevin de Leon and Assembly Speaker-elect Anthony Rendon said they were...

  • Martin Shkreli isn't alone in ripping off patients with crazy drug prices

    Martin Shkreli isn't alone in ripping off patients with crazy drug prices

    Congress tried to show it feels America’s pain over high prescription-drug costs by calling Martin Shkreli to account Thursday. Shkreli is the former head of Turing Pharmaceuticals, currently out on $5-million bail after being charged with securities fraud and conspiracy. He became the face of...

  • Yahoo to cut 1,700 workers as company slims down

    Yahoo to cut 1,700 workers as company slims down

    Cuts, layoffs and losses were the name of the game with Yahoo Inc.’s fourth-quarter earnings. The Internet company reported $1.27 billion in revenue, up only 1.58% from the same period a year earlier. When it came to profit, Yahoo swung to a steep loss of $4.43 billion, or $4.70 a share, in the...

  • Yahoo ex-employee sues, alleging manipulation of performance reviews and gender bias

    Yahoo ex-employee sues, alleging manipulation of performance reviews and gender bias

    A former Yahoo Inc. employee is suing the Internet company, alleging that a manipulated employee-rating system, as well as gender bias, led to his illegal termination. In the lawsuit, plaintiff Gregory Anderson said he had gotten a promotion, a raise and compliments for his work before he was told...

  • Universal Studios adopts 'demand pricing' before its Harry Potter world opens

    Universal Studios adopts 'demand pricing' before its Harry Potter world opens

    Universal Studios Hollywood is putting a price tag on the demand for fun. The theme park is anticipating huge crowds for the April 7 opening of the Wizarding World of Harry Potter. If you want to be one of the first to experience it, be prepared to pay more than if you want to go, say, on a slow...

  • New venture funds, new game publishers among week's L.A. tech highlights

    New venture funds, new game publishers among week's L.A. tech highlights

    AMC Networks and Lionsgate were among existing investors that put a combined total of $10 million into Next Games, a Finnish game maker, the company announced last week. Next Games has produced two mobile games: “The Walking Dead: No Man's Land,” based on the AMC show, and “Compass Point: West.”...

  • Why e-commerce fads competing with Amazon eventually fade

    Why e-commerce fads competing with Amazon eventually fade

    It's hard to name a category of start-ups that has struggled to produce big, billion-dollar exits more than e-commerce. Competing with Amazon isn't easy, it turns out, and aspiring Davids have turned to ever more novel strategies to differentiate themselves from Goliath. The problem? Like anything...

  • Alphabet is poised to be world's most valuable company

    Alphabet is poised to be world's most valuable company

    Google got a new name and now is on the brink of a new title: The tech titan looks set to be crowned the most valuable company in the world, toppling fellow Silicon Valley heavyweight Apple Inc.The Mountain View, Calif., Internet giant on Monday reported earnings for the first time under the banner...

  • Daily News parent to bid for O.C. Register, Press Enterprise

    Daily News parent to bid for O.C. Register, Press Enterprise

    Digital First Media, the owner of the Los Angeles Daily News, has indicated interest in bidding for the Orange County Register and other assets of bankrupt publishing company Freedom Communications. That move could set up a three-way bidding war for the Register among Digital First, Freedom Communications...

  • Why you should be skeptical about an 'Uber for healthcare'

    Why you should be skeptical about an 'Uber for healthcare'

    The worst aspect of the "Uberization" of our economy may not be the transformation of workers who could once earn a living wage into "independent contractors" who can barely make ends meet (though that's bad enough); it may be the spreading myth that any economic function can be shoehorned into...

  • Mattel reports gains in fourth quarter, helped by Barbie

    Mattel reports gains in fourth quarter, helped by Barbie

    Mattel Inc. might finally be seeing a turnaround as it reported higher profit and revenue in the fourth quarter, helped by increased sales for Barbie and several other key brands. "Overall, we're very encouraged," said Mattel Chief Executive Christopher Sinclair in a conference call with analysts...

  • CDC declares Chipotle E. coli outbreak over, rallying chain's stock

    CDC declares Chipotle E. coli outbreak over, rallying chain's stock

    The federal Centers for Disease Control and Prevention said two E. coli outbreaks tied to the Chipotle Mexican Grill Inc. appear to be over, rallying shares of the beleaguered company. In an update on its website, the CDC said it was closing its investigation, though it was unable to determine...

  • Super Bowl 50 to draw an estimated $4.2 billion in bets — most of them illegal

    Super Bowl 50 to draw an estimated $4.2 billion in bets — most of them illegal

    It's the one day when many Americans gladly take a gamble: Super Bowl Sunday. As the Denver Broncos meet the Carolina Panthers in Super Bowl 50 this Sunday, millions of people will place some type of bet on the game even if they don't care about football. A minority will gamble legally at Nevada's...

  • California Inc.: Billions in bets being placed on the big game

    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. Investors this week will be grappling with increasingly loud talk of another recession...

  • The one CEO perk that's not fading away

    The one CEO perk that's not fading away

    Since 2006, when the Securities and Exchange Commission began requiring companies to disclose more detail about executive compensation, perks for top managers have been under attack. Under pressure from investors and the fear of embarrassing optics for companies, many have quietly vanished. Country...

  • Big U.S. banks will roll out ATMs that take smartphones, not cards

    Big U.S. banks will roll out ATMs that take smartphones, not cards

    To the long list of things you can do with your phone — including watch a movie, buy a latte and hail a ride — prepare to add one more: get cash. Over the next few months, the nation's three biggest banks will start rolling out ATMs that will let customers withdraw currency using their smartphones...

  • How to write a petition to remove homeowner association directors

    Question: Owners at our homeowner association are frustrated. For three years, we've been trying to recall our five-director board, fire the management company and obtain a forensic audit. The board's attorney and management either ignore our petitions or invalidate them. Directors laugh, "You...

  • Grocer is on a natural growth path

    Grocer is on a natural growth path

    By Ronald D. White The gig: Tony Antoci, 40, is president and chief executive of Erewhon, the Southern California natural foods grocery mini-chain that traces its roots to a tiny Boston market founded in 1967. A Los Angeles branch opened in 1968. Erewhon was a pioneer in the natural foods business...

  • Southern California casinos are going all in to attract millennials

    Southern California casinos are going all in to attract millennials

    The Bicycle Casino in Bell Gardens was always a loud, brash kind of place where the card tables ruled, but once the betting was done, players had little reason to stick around beyond a bar and deli-style eatery. Now, after a $50-million overhaul unveiled last month, the club features a glitzy 99-room...

  • A minimalist marvel in Venice

    A minimalist marvel in Venice

    This two-story contemporary with a minimalist design stands out from the crowd in Venice with block-pattern façade, walls of glass and a floating steel-and-walnut staircase. A steel bridge extends off the main house, crossing over an inner courtyard to a secondary master suite/guesthouse. A rooftop...

  • Time's running out to sign up for Obamacare

    Time's running out to sign up for Obamacare

    With the deadline approaching to get health coverage through the Affordable Care Act this year, federal and state officials across the country, including President Obama, are making a final push to get people to sign up. The deadline to select a health plan is Sunday. Americans who don't have coverage...

  • Three firms competing for control of Catalina's freight

    Three firms competing for control of Catalina's freight

    For more than a year, a crucial question has gone unanswered on Santa Catalina Island: Who will control the freight service that brings bottled water, groceries and other essentials from the mainland, 26 miles away? Three companies are vying for the business — a vital necessity for residents and...

Business Articles

View More
What's This?
This advertiser has no influence over Editorial decisions or content.
  • Small business SOS: Majority of small business owners want help tracking metrics (Infographic)

    The majority of small business owners want help tracking metrics and admit they don't measure and track as often as they should, according to a Staples survey. Learn more about what business owners said about tracking metrics and how a new app can help grow your business in the below infographic....

  • Top 5 business strategies for 2016

    Continuity planning used be something only companies in highly regulated industries were required to do, but today it's considered a standard for all businesses, regardless of size or reach. It answers the question, "What if…?" and can easily spell the difference between the continued operation...

  • 6 tips to help your small company get back to business in the New Year

    6 tips to help your small company get back to business in the New Year

    The decorations are down and stored away, the holiday rush is over and it’s time for small businesses to get back to doing business as usual. Many small businesses find they have the time and the inspiration to get their shops in order at the beginning of the first quarter — a task that can set...

Loading
71°