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Watch now: SpaceX aims for Sunday morning launch after scrub on Saturday

SpaceX is set to launch almost 5,500 pounds of supplies Sunday morning to the International Space Station after scrubbing its previous attempt Saturday because of a potential issue with its Falcon 9 rocket. The launch is scheduled for 6:38 a.m. Pacific time from Kennedy Space Center in Florida....

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  • DineEquity CEO to resign as restaurant firm's earnings decline

    DineEquity CEO to resign as restaurant firm's earnings decline

    DineEquity Inc. said Friday that Julia Stewart plans to resign as chairman and chief executive of the Glendale-based parent of the Applebee’s and IHOP restaurant chains, effective March 1. The company gave no reason for Stewart’s departure, but it comes as DineEquity reported declines in preliminary...

  • Additional delays likely for SpaceX and Boeing astronaut capsules, report says

    Additional delays likely for SpaceX and Boeing astronaut capsules, report says

    NASA should make alternative plans to ensure access to the International Space Station beyond 2018 because of further delays that are likely for SpaceX and Boeing Co. in certifying their astronaut transport capsules, according to a government watchdog report released Thursday.  The two companies...

  • South Korean court declares Hanjin bankrupt

    South Korean court declares Hanjin bankrupt

    A South Korean court has declared Hanjin Shipping Co. bankrupt, about six months after the struggling shipper first filed for bankruptcy. The Seoul Central District Court said Friday it had appointed a bankruptcy administrator and that claims by creditors are due May 1, according to Reuters. The...

  • Take a cue from Tom Brady. Resilience on the job can pay big rewards

    Take a cue from Tom Brady. Resilience on the job can pay big rewards

    More than 111 million people watched the biggest comeback in Super Bowl history when the New England Patriots scored 31 unanswered points to beat the Atlanta Falcons in overtime. It would have been easy for the Patriots to give up and begin thinking about some well-deserved time off. But what we...

  • Zuckerberg's goal: Remake a world Facebook helped create

    Zuckerberg's goal: Remake a world Facebook helped create

    Mark Zuckerberg helped create the modern world by connecting nearly a quarter of its citizens to Facebook and giving them a platform to share, well, everything — baby pictures and Pepe memes, social updates and abusive bullying, helpful how-to videos and live-streamed violence.  Now he wants to...

  • Snap's IPO builds an 'impregnable fortress' where only the founders have power

    Snap's IPO builds an 'impregnable fortress' where only the founders have power

    The founders of Snap Inc. want to take the company public. But that doesn’t mean they want to run a public company. Public companies, after all, have to deal with shareholders who don’t like the way the company is being run. They have to ask shareholders whether they are paying executives too much....

  • McLaren 570GT: Laughing all the way through the bank account

    McLaren 570GT: Laughing all the way through the bank account

    McLaren decided a while back that it wanted to increase sales by offering a more affordable sports car. It worked — at least for people who think a base price of $200,000 is affordable. The addition of the 570 “sports” series to its 670 “super” series and P1 "ultimate” series vehicles doubled McLaren...

  • Big Pharma really, really doesn't want you to know the true value of its drugs

    Big Pharma really, really doesn't want you to know the true value of its drugs

    The latest poster child for cruel and inhuman drug pricing is Kaleo Pharma, maker of an emergency injector for a med called naloxone, which is used as an antidote to save the lives of people who overdose on painkillers. As America’s opioid crisis reaches epidemic levels, Kaleo has jacked up the...

  • Molina Healthcare stock dives on 'clearly unacceptable' earnings

    Molina Healthcare stock dives on 'clearly unacceptable' earnings

    Molina Healthcare Inc. shares plunged Thursday, the day after the Long Beach insurer said losses related to its participation in the Affordable Care Act marketplace led to “clearly unacceptable” earnings for 2016.  The stock dived $10.71, or 17.9%, to $49.18. The insurer reported after the close...

  • Stocks slow down after a record-setting run

    Stocks slow down after a record-setting run

    The Standard & Poor's 500 index slipped Thursday — breaking a seven-day winning streak, its longest in 3½ years — though it remains a nudge away from its record high. It was part of a pause for stock markets around the world, which have been on a torrid run thanks to an improving economy, stronger...

  • Singapore firm acquires L.A. pioneer of extended-stay corporate housing

    Singapore firm acquires L.A. pioneer of extended-stay corporate housing

    Oakwood Worldwide, a Los Angeles real estate firm known for pioneering extended-stay housing, has been acquired by a Singapore development company. Mapletree Investments paid an undisclosed sum for the Los Angeles firm that has properties locally, across the United States and overseas. It bills...

  • The surprising success of 'xXx' sequel in China offers marketing lessons for Hollywood

    The surprising success of 'xXx' sequel in China offers marketing lessons for Hollywood

    Paramount Pictures and its marketing partners wanted to make sure China’s young, digitally-inclined moviegoers were excited for the new action sequel “xXx: Return of Xander Cage.” So the team made a music video for an original song by “xXx” star and Chinese heartthrob Kris Wu. The video, which...

  • Want a new car at a low price? Here's how to get the best deals

    Want a new car at a low price? Here's how to get the best deals

    If you do your homework, now is the time to practically steal a new sedan from your car dealer. For more than a year, sales of cars have been tanking because Americans have gone nuts over SUVs and trucks. As stockpiles of sedans such as the Chevrolet Malibu and Chrysler 200 stretch across car lots,...

  • Consumer Financial Protection Bureau chief scores reprieve in quest to keep job

    Consumer Financial Protection Bureau chief scores reprieve in quest to keep job

    Consumer Financial Protection Bureau chief Richard Cordray won a reprieve Thursday in his effort to keep his job and retain his agency’s independence. A federal appeals court said it would reconsider its earlier ruling that would have increased the president's authority over the consumer watchdog...

  • Snap's roadshow schedule: 7 cities in 2 weeks

    Snap's roadshow schedule: 7 cities in 2 weeks

    Snap Inc.'s IPO updates: See how much money existing shareholders could reap Feb. 16, 2017, 12:27 p.m. Snapchat app maker Snap Inc. filed papers Feb. 2 to move forward with what’s expected to be the biggest initial public offering ever for a Los Angeles company. Follow our coverage here. All updates...

  • Snap Inc.'s IPO updates: See how much money existing shareholders could reap

    Snap Inc.'s IPO updates: See how much money existing shareholders could reap

    Snap Inc.'s IPO updates: See how much money existing shareholders could reap Feb. 16, 2017, 12:27 p.m. Snapchat app maker Snap Inc. filed papers Feb. 2 to move forward with what’s expected to be the biggest initial public offering ever for a Los Angeles company. Follow our coverage here. All updates...

  • How much money Snap's existing shareholders could reap in the IPO

    How much money Snap's existing shareholders could reap in the IPO

    Snap Inc.'s IPO updates: See how much money existing shareholders could reap Feb. 16, 2017, 12:27 p.m. Snapchat app maker Snap Inc. filed papers Feb. 2 to move forward with what’s expected to be the biggest initial public offering ever for a Los Angeles company. Follow our coverage here. All updates...

  • L.A., meet EV: New partnership will enable Angelenos to borrow Bolt EV electric cars

    L.A., meet EV: New partnership will enable Angelenos to borrow Bolt EV electric cars

    General Motors’ Maven ride-sharing service has partnered with the city of Los Angeles to enable Angelenos and tourists to borrow Bolt EV electric cars to get around town.  The partnership, announced Thursday morning at a Union Station ceremony, will put 100 of GM’s Bolt EV all-electric sedans into...

  • Snapchat company sets IPO targets: $3.7-billion windfall and $22-billion valuation

    Snapchat company sets IPO targets: $3.7-billion windfall and $22-billion valuation

    Snap Inc.'s IPO updates: See how much money existing shareholders could reap Feb. 16, 2017, 12:27 p.m. Snapchat app maker Snap Inc. filed papers Feb. 2 to move forward with what’s expected to be the biggest initial public offering ever for a Los Angeles company. Follow our coverage here. All updates...

  • Federal prosecutors are probing sexual harassment settlements paid out by Fox News

    Federal prosecutors are probing sexual harassment settlements paid out by Fox News

    The U.S. attorney’s office is exploring whether Fox News settlement payments for sexual harassment claims should have been reported to the shareholders of parent company 21st Century Fox. Fox News said in a statement issued Wednesday that it has been in discussions with the office “for months”...

  • CBS reports quarterly loss following pension settlement

    CBS reports quarterly loss following pension settlement

    CBS Corp. beat Wall Street expectations for its fourth quarter results as the big broadcaster begins to unwind its radio station business — a divestiture that will make the company less reliant on advertising revenue.  “We turned in another great quarter and another terrific year at the CBS Corp.,”...

  • Bond yields rise; stocks climb again to new records

    Bond yields rise; stocks climb again to new records

    Stocks and bond yields punched higher Wednesday, and U.S. indexes set records again, after more encouraging news on the nation’s economy. The Standard & Poor's 500 index rose 11.67 points, or 0.5%, to 2,349.25. It's the seventh straight gain for the index and its longest winning streak in 3½ years....

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