Politics
How do you think Trump did this week? Let us know

BUSINESS

BUSINESS NEWS

TRUMP ADMINISTRATION

FULL COVERAGE

BUSINESS HIGHLIGHTS

Read more

HOT PROPERTY

view celebrity and luxury homes

MORE FROM BUSINESS

  • Google spinoff Waymo accuses Uber of self-driving car theft

    Google spinoff Waymo accuses Uber of self-driving car theft

    Waymo, a self-driving car company founded by Google, is colliding with ride-hailing service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed. The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court by Waymo, a...

  • Stocks end mixed as investors seek safety

    Stocks end mixed as investors seek safety

    Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds and companies that pay big dividends. Construction equipment, transportation...

  • Ghosn steps aside as Nissan CEO to focus on 3-automaker alliance

    Ghosn steps aside as Nissan CEO to focus on 3-automaker alliance

    Carlos Ghosn, who leads the Nissan-Renault-Mitsubishi alliance, is handing over the helm at Nissan Motor Co. to Hiroto Saikawa, a veteran Japanese executive at Nissan, but Ghosn is staying on as the automaker’s chairman. Saikawa will become chief executive at Nissan — based in Yokohama, Japan —...

  • Qualcomm, Microsoft and Airbus invest in Santa Monica drone software start-up AirMap

    Qualcomm, Microsoft and Airbus invest in Santa Monica drone software start-up AirMap

    The venture capital arms of Qualcomm Inc., Microsoft Corp. and Airbus have led a $26-million investment in AirMap, the builder of drone air traffic management software announced Thursday. The Santa Monica start-up, which opened its first office in 2015, builds technology that tracks air traffic,...

  • 'Expendables' producer Millennium Films sells majority stake to Chinese company for $100 million

    'Expendables' producer Millennium Films sells majority stake to Chinese company for $100 million

    Millennium Films, the producer of the “Expendables” movies and the most recent “Rambo” sequel, has agreed to sell a 51% stake to Chinese conglomerate Recon Group for $100 million. Recon, known for owning the Aston Villa Football Club in Britain, will acquire a majority ownership of Los Angeles-based...

  • Beauty companies hustle to keep up with faster trends

    Beauty companies hustle to keep up with faster trends

    When reality TV star Kylie Jenner introduced her first cosmetics products to the Internet in late 2015, the Kylie Lip Kits — matte liquid lipstick and lip liner combos — sold out in minutes. Competing brands were paying attention. Companies quickly started promoting their own matte lipsticks as...

  • SpaceX Dragon brings supplies (and a birthday treat) to the International Space Station

    SpaceX Dragon brings supplies (and a birthday treat) to the International Space Station

    SpaceX’s Dragon capsule successfully attached to the International Space Station early Thursday, a day after aborting its first attempt. NASA confirmed on its TV service that the capsule, carrying nearly 5,500 pounds of supplies and research materials — as well as a birthday treat for French astronaut...

  • Tesla reports fourth-quarter and full-year results, says Model 3 on track

    Tesla reports fourth-quarter and full-year results, says Model 3 on track

    In a closely watched earnings report Wednesday, Tesla Inc. reported fourth-quarter and full-year results and assured investors that it is on schedule to produce its long-awaited mid-market Model 3 electric car.  For the three months ended Dec. 31, the company lost $219.4 million, or 78 cents a...

  • Brad Grey leaves struggling Paramount Pictures as search for new studio chief begins

    Brad Grey leaves struggling Paramount Pictures as search for new studio chief begins

    Paramount Pictures Chairman Brad Grey has finalized his exit from Viacom Inc. after 12 years managing the legendary movie studio that has struggled to produce box-office hits. Grey’s departure, which was telegraphed last week and announced Wednesday, takes effect immediately. It comes as Viacom’s...

  • Stocks mostly slip, but Dow hits a new record high

    Stocks mostly slip, but Dow hits a new record high

    U.S. stocks mostly slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals would win approval from regulators. While energy stocks fell with the price of oil, most other sectors didn't make big moves....

  • Aerojet Rocketdyne buys missile-target maker and may provide satellite launches

    Aerojet Rocketdyne buys missile-target maker and may provide satellite launches

    In a deal that could have implications for the satellite launch business, rocket engine manufacturer Aerojet Rocketdyne has acquired leading missile-target developer Coleman Aerospace for $15 million in cash. The deal, which is expected to close Friday, will allow Aerojet Rocketdyne — a unit of...

  • AwesomenessTV CEO and founder Brian Robbins leaves video company

    AwesomenessTV CEO and founder Brian Robbins leaves video company

    Brian Robbins, the co-founder and chief executive of teen-focused online video network AwesomenessTV, is leaving the company after five years, he told staff Wednesday.  Robbins did not cite a reason for his exit, but his departure comes six months after parent company DreamWorks Animation was acquired...

  • Two-thirds of Americans aren't using this easy way to save for retirement

    Two-thirds of Americans aren't using this easy way to save for retirement

    Less than one-third of Americans are saving money in their 401(k)s and other workplace retirement accounts, according to an analysis of tax records by Census Bureau researchers. Although nearly 80% of Americans work for an employer that offers a retirement program — whether a 401(k), 403(b) or...

  • Fed officials indicate another interest rate hike could come 'fairly soon'

    Fed officials indicate another interest rate hike could come 'fairly soon'

    Federal Reserve policymakers said at their latest meeting that another small hike in a key interest rate could come "fairly soon," opening the door a bit wider to an increase next month, according to minutes of the meeting released Wednesday. Fed officials reiterated their "considerable uncertainty"...

  • Americans buy existing homes at fastest pace in a decade

    Americans buy existing homes at fastest pace in a decade

    Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows. Home sales rose 3.3% in January from December to a seasonally...

  • Head of U.S. Honda to leave air bags behind, turn to gin and vodka

    Head of U.S. Honda to leave air bags behind, turn to gin and vodka

    The U.S. head of Honda is retiring to make gin and vodka with his sons. John Mendel, 62, executive vice president for the Japanese carmaker at American Honda Motor Co. in Torrance, told a group of dealers Monday night that he’s retiring. He goes out on a high note: Honda sales in the U.S. last...

  • Facebook Messenger gets a bot that can help send your money across the world

    Facebook Messenger gets a bot that can help send your money across the world

    Sending money to a friend or relative abroad just got a little easier for users of Facebook Messenger. On Tuesday, London-based money transfer company TransferWise introduced a bot to facilitate money transfers via the social media giant’s messaging platform. For now, the service is available only...

  • Jordan Peele horror movie 'Get Out' takes on 'Lego Batman' at the box office

    Jordan Peele horror movie 'Get Out' takes on 'Lego Batman' at the box office

    Oscar week is here, which means Hollywood’s attention is more focused on gold statuettes than new movies opening at the multiplex. But Sunday’s star-studded gala at the Dolby Theatre won’t necessarily turn the box office into a snooze-fest. One reason to pay attention is “Get Out,” the critically...

  • Hong Kong Disneyland reports a 2016 loss as visitor slump worsens

    Hong Kong Disneyland reports a 2016 loss as visitor slump worsens

    Two weeks after Walt Disney Co. launched a bailout of struggling Euro Disney, another international Disney resort revealed that its financial woes grew last year. Hong Kong Disneyland reported a second consecutive annual loss on an 11% drop in attendance and a 7% decline in revenue. The $22-million...

  • 'xXx' and 'La La Land' sweep China's box office

    'xXx' and 'La La Land' sweep China's box office

    Hollywood movies lit up China’s box office last week with Paramount’s “xXx: Return of Xander Cage” leading the way, followed by the award-winning musical “La La Land.” The action thriller, starring Vin Diesel and Chinese kung fu star Donnie Yen, topped the box-office charts for the second week...

  • Unilever shares slide after Kraft Heinz withdraws its $143-billion bid

    Unilever shares slide after Kraft Heinz withdraws its $143-billion bid

    Shares in Unilever, the owner of brands like Hellman's, Lipton, and Knorr, fell sharply in overseas trading after rival Kraft Heinz withdrew a $143-billion takeover offer. The companies said Sunday in a joint press release that Kraft Heinz has “amicably” abandoned the offer. Shares in Unilever...

  • Big changes planned for the sell-by dates on food packaging

    Big changes planned for the sell-by dates on food packaging

    The majority of Americans have no clear idea what "sell by" labels are trying to tell them. But after 40 years of letting us guess, the grocery industry has made moves to clear up the confusion. The Food Marketing Institute and the Grocery Manufacturers Assn., the two largest trade groups for the...

  • A Palm Desert retreat right out of the Sultan of Swoon's handbook

    A Palm Desert retreat right out of the Sultan of Swoon's handbook

    Singer Frank Sinatra’s Villa Maggio getaway takes in panoramic views from its perch above the Coachella Valley. The Palm Desert retreat includes three houses, a swimming pool, a tennis court and a helipad for quick trips to or from Hollywood. The 7.5-acre site has room to park 24 vehicles — that...

  • California Inc.: Hollywood is getting ready for its close-up

    California Inc.: Hollywood is getting ready for its close-up

    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. Tax day — that would be April 18 — is fast approaching. President Trump has yet to reveal...

  • Snapchat Spectacles are now sold online as vending machines take a break

    Snapchat Spectacles are now sold online as vending machines take a break

    If you didn’t race out to Venice to get them, or stand in an endless line in Santa Monica, or catch a helicopter ride to the middle of the Grand Canyon, or speed down Pacific Coast Highway or brave the Manhattan cold, or pay a premium on EBay, well, you finally can just go online to buy Spectacles....

  • Kraft Heinz drops $143-billion offer for Unilever

    Kraft Heinz drops $143-billion offer for Unilever

    Kraft Heinz has decided to withdraw its $143-billion offer to buy Unilever, the companies announced Sunday in a joint news release. Unilever — which has a head office in London and makes mayonnaise, tea and seasonings — earlier had spurned the offer, saying the price was too low. Despite rejection,...

  • SpaceX launches supplies to space station; 'Baby came back,' Elon Musk says of booster's return

    SpaceX launches supplies to space station; 'Baby came back,' Elon Musk says of booster's return

    SpaceX launched almost 5,500 pounds of supplies to the International Space Station on Sunday morning after scrubbing its Saturday attempt because of a potential issue with its Falcon 9 rocket. The rocket lifted off at 6:39 a.m. PST from Kennedy Space Center in Florida. It was the Hawthorne-based...

  • Does a landlord need to give a reason for evicting a tenant?

    Does a landlord need to give a reason for evicting a tenant?

    Question: I’ve been living in a great apartment close to work for three years. My lease ended after a year, and I am now going month to month. I love the location, felt safe and planned to live here a long time. Last week, my landlord served me with a “60 Day Notice to Quit.” I don’t know what...

  • How to make sure your financial planner is looking out for you

    How to make sure your financial planner is looking out for you

    Dear Liz: As a recent retiree, I opened an IRA with a well-reputed, independent financial planner. I was assured of our fiduciary relationship and told “besides, it will soon be law” that advisors will have to put their clients’ interests first when offering advice about retirement funds. I guess...

  • He's looking for the secret recipe to educate business leaders

    He's looking for the secret recipe to educate business leaders

    The gig: Deryck van Rensburg is the new dean of Pepperdine University’s Graziadio School of Business and Management in Malibu. He took over in November after spending 32 years in international business with consumer-products giant Unilever and then Coca-Cola Co. His task: To reinvigorate the business...

  • SpaceX scrubs launch, will try again Sunday morning

    SpaceX scrubs launch, will try again Sunday morning

    SpaceX scrubbed its launch of a space station supply mission seconds before liftoff Saturday morning, citing a possible problem with the second stage of its Falcon 9 rocket. The Hawthorne space company said it would try to launch again Sunday at 6:38 a.m. Pacific time from Launch Complex 39A at...

  • In-flight calls? The American people are overwhelmingly opposed

    In-flight calls? The American people are overwhelmingly opposed

    If you think that allowing mobile phone calls on commercial flights is a bad idea, you are not alone. That is the main conclusion that comes from reading the more than 7,000 comments made by Americans in response to a proposal by the U.S. Department of Transportation to keep in place a ban on in-flight phone...

  • What should airline passengers do if a pilot acts bizarrely?

    What should airline passengers do if a pilot acts bizarrely?

    When a pilot on a United Airlines flight from Austin to San Francisco launched into a bizarre rant last week over the plane intercom, the 120 passengers in the cabin were put in the awkward position of looking after their own safety. The pilot, who rambled on about Donald Trump, Hillary Clinton...

  • Delta Air Lines is bringing back free meals on some domestic flights

    Delta Air Lines is bringing back free meals on some domestic flights

    Apparently there is such a thing as a free lunch — at Delta Air Lines. The Atlanta-based carrier announced that it will offer free meals for all passengers on several long-haul domestic flights — a service that many airlines eliminated about a decade ago in the face of tight budgets and fierce...

  • Five tips for investing in your 30s

    Five tips for investing in your 30s

    In your 20s, funding your 401(k) might have sounded like a good goal … for your 30s. Now that your 30s are here, you may be nervously noticing the countless articles on the virtues of investing in your 20s. Don’t worry. You’re definitely not too old to reap the benefits of investing. Getting started...

Business Articles

View More
What's This?
This advertiser has no influence over Editorial decisions or content.
52°