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These three airlines were fined for passenger rights violations

Three large U.S. airlines are writing big checks for failing to abide by passenger rights rules. American, Delta and Frontier Airlines have agreed to pay a total of $850,000 for keeping poor records, delaying refunds, failing to explain the compensation rules for passengers booted off of overbooked...

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  • U.S. home sales fell in June; shoppers couldn't find houses to buy

    U.S. home sales fell in June; shoppers couldn't find houses to buy

    Homebuyers faced surging prices and a shrinking number of properties for sale in June — causing the pace of sales to fall. Sales of existing homes slipped 1.8% last month to a seasonally adjusted annual rate of 5.52 million, the National Assn. of Realtors said Monday. The decline speaks to a troubling...

  • KKR's Internet Brands will buy WebMD in a $2.8-billion deal 

    KKR's Internet Brands will buy WebMD in a $2.8-billion deal 

    KKR is buying health information website WebMD in a deal valued at about $2.8 billion. WebMD Health Corp. announced in February that it was looking at its strategic options, including a possible sale. KKR's Internet Brands, an online media and software services provider and subsidiary of KKR, will...

  • California Inc.: Fed expected to signal likelihood of September rate hike

    California Inc.: Fed expected to signal likelihood of September rate hike

    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. We learned Friday that California’s economic engine quieted in June as employers reduced...

  • Warren Buffett is building up a 'recession resistant' energy powerhouse

    Warren Buffett is building up a 'recession resistant' energy powerhouse

    From California to the Midwest, billionaire investor Warren Buffett is steadily building an energy powerhouse. Buffett’s Berkshire Hathaway Energy subsidiary has gobbled up utilities and natural gas pipelines and tapped into clean energy production, including from Southern California’s abundant...

  • When student debt payoff becomes complicated by identity theft

    When student debt payoff becomes complicated by identity theft

    Dear Liz: I went back to school in 2002 to get my teaching credential. I took out several student loans and set up a repayment plan upon graduating with automatic deduction out of my checking account. Several years ago, the IRS started garnishing my bank account stating that there was a lien but...

  • United Airlines says it's bumping fewer passengers since dragging scandal

    United Airlines says it's bumping fewer passengers since dragging scandal

    United Airline’s image took a beating in April because of an ugly incident caught on video involving a passenger who was dragged from his seat. Since an initial defensive response, the carrier has been working overtime to rebound from the scandal. The Chicago-based carrier this week reported that...

  • Lyft forms an autonomous vehicle unit

    Lyft forms an autonomous vehicle unit

    Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service says it will open its network, inviting automakers and...

  • Big bang for the buck: 2017 Kia Soul Turbo

    Big bang for the buck: 2017 Kia Soul Turbo

    I like boxy, practical cars — as far back as my first vehicle, a beat-up ’51 Chevy panel truck. I applauded the arrival of the Toyota Scion XB and the Honda Element when they were both introduced in 2003, and the Nissan Cube when it appeared in 2009. But I didn’t always like the way those cars...

  • California bill would boost electric car rebates by $3 billion, but where will the money come from?

    California bill would boost electric car rebates by $3 billion, but where will the money come from?

    Over seven years, California has spent $430 million on low-emission vehicle subsidies to help lower the cost for car buyers. Now the state Legislature is looking to extend that by another seven years, but with a price tag of $3 billion. Assembly Bill 1184 is being slammed for leaving basic questions...

  • AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    Two so-called “dark Web” sites dedicated to illegal drug and arms sales have been seized in an audacious sting operation, and the suspected ringleader has committed suicide, U.S. Justice Department officials said Thursday. Alexandre Cazes,a 25-year-old man from Quebec who was suspected of creating...

  • Mortgage broker rolls out another online way to assess what your house is worth

    Mortgage broker rolls out another online way to assess what your house is worth

    Do we really need another Zillow Zestimate-style online gizmo to tell us what a computer model says our homes are worth? Probably not. There already are scads of real estate and mortgage websites that offer some type of automated home valuation feature, such as Redfin, Realtor.com, Chase Mortgage,...

  • Sears to sell its Kenmore appliances on Amazon

    Sears to sell its Kenmore appliances on Amazon

    In the century before there was Amazon.com, it was Sears that was the everything store. With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring anything anyone wanted to their doorstep. But...

  • Bakersfield votes to end controversial program that funds home solar panels

    Bakersfield votes to end controversial program that funds home solar panels

    As home improvement projects to increase energy efficiency have exploded in California, so has the controversy over a property tax-based financing program that’s helped spur the growth. So-called PACE loans — which pay for solar panels, efficient appliances and other improvements — have been blamed...

  • Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon.com Inc. acquired a Santa Barbara data analysis and search engine start-up in May to help improve its Alexa virtual assistant and other services, according to four sources familiar with the deal but unauthorized to discuss it. The previously unreported acquisition of Graphiq Inc. and its...

  • Cable TV upheaval prompts a wave of media merger talks

    Cable TV upheaval prompts a wave of media merger talks

    Cable television mogul John Malone for years predicted rapid consolidation in media, adding that there was an opportunity for small independent companies — so-called free radicals — to be swept together to create a more formidable media company. Charter Communications, which is backed by Malone’s...

  • Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland’s Fastpass system, the ride reservation system that the park invented in 1999, has moved into the digital age. The Anaheim resort launched a smartphone version of the ride reservation system Wednesday. It operates from the park’s smartphone app, and unlike the free reservation system...

  • There's a new buyer involved in Wanda's multibillion-dollar asset sale

    There's a new buyer involved in Wanda's multibillion-dollar asset sale

    Dalian Wanda Group’s announcement last week that it would sell $9.3 billion in tourism assets to a rival Chinese property developer came as a shock, illustrating the sudden reversal of a company thought to have deep pockets to match its lofty ambitions. Its move Wednesday to amend the agreement...

  • Tech and healthcare lift stocks to new records

    Tech and healthcare lift stocks to new records

    U.S. stocks continued to climb Wednesday, led by technology, healthcare and energy companies. Media companies also rose as stock indexes set record highs. The technology part of the Standard & Poor's 500 index broke the record it set in March 2000, before the dot-com bubble burst. Energy companies...

  • Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Mexican authorities say the U.S. Department of Homeland Security has instituted heightened security measures for laptops and tablets on U.S.-bound flights from the country. Mexico's Transportation Department said in a statement that the measures took effect starting Wednesday for “electronics larger...

  • Elon Musk downplays expectations for giant rocket's first flight

    Elon Musk downplays expectations for giant rocket's first flight

    SpaceX Chief Executive Elon Musk on Wednesday downplayed expectations for the upcoming demonstration flight of the company’s giant Falcon Heavy rocket, saying there was a “good chance” the vehicle would not make it to orbit in its first launch. Musk gave insight into the Falcon Heavy development...

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  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

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