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The Agenda: When Trump tweets, Wall Street trades — instantly

The jaw-dropping speed at which certain stocks have moved in response to Donald Trump’s tweets about corporate America makes it seem as if Wall Street already was waiting for the president-elect’s words. It was. Some sophisticated traders with automated programs are using computer algorithms that...

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  • Consumers say debt collectors defy requests to stop calling

    Consumers say debt collectors defy requests to stop calling

    Three out of four consumers said debt collectors ignored their requests to stop calling, according to a survey released by the Consumer Financial Protection Bureau, which detailed “troubling” practices in the multibillion-dollar industry. Consumers told the CFPB that they often felt threatened...

  • SpaceX sends 10 satellites into orbit, lands rocket booster on drone ship in first flight since September explosion

    SpaceX sends 10 satellites into orbit, lands rocket booster on drone ship in first flight since September explosion

    Four months after a launch pad explosion, SpaceX returned to flight Saturday morning, delivering 10 satellites into orbit and landing its first-stage booster on a floating drone ship. Analysts had described the launch as “all-important” for the Hawthorne space company to reestablish customer confidence...

  • Assaulting an airport gate agent can now lead to major prison time

    Assaulting an airport gate agent can now lead to major prison time

    As airlines report increased violent incidents caused by unruly passengers, the federal government has ruled that anyone who assaults an airport ticket agent will face the same fines and prison time as if they had attacked a Transportation Security Administration agent or other law enforcement...

  • Are American Airlines uniforms safe? The manufacturer steps into the fray

    Are American Airlines uniforms safe? The manufacturer steps into the fray

    The uniform tussle at the world’s largest airline is getting its combatants hot under the collar. In the latest wrinkle, the manufacturer of the uniforms, Twin Hill, fired off a letter this week, declaring that the uniforms it shipped to American Airlines workers are safe to wear. The controversy...

  • Wi-Fi available on 83% of U.S. airline seats

    Wi-Fi available on 83% of U.S. airline seats

    Your chance of getting the Internet on a U.S. airline has jumped to 83%, up from about 74% in 2015. But if you fly on foreign carriers , your chances of connecting to the Internet from the cabin drop to only 28%. Those are some of the findings from a report by Routehappy, a New York company that...

  • Disney CEO Robert Iger's compensation dropped slightly to $43.9 million in 2016

    Disney CEO Robert Iger's compensation dropped slightly to $43.9 million in 2016

    Walt Disney Co. Chief Executive and Chairman Robert Iger’s total compensation was $43.9 million during the company’s most recent fiscal year, according to a Securities Exchange Commission filing. His compensation during fiscal 2016, which ended Oct. 1, was down 2.3% from $44.9 million a year earlier...

  • California farm labor board chairman quits in anger

    California farm labor board chairman quits in anger

    William B. Gould IV, California Gov. Jerry Brown’s appointee to lead the board charged with protecting the rights of the state’s farmworkers, announced his resignation Friday, accusing the state bureaucracy of stalling one of his key proposals. Gould, appointed by Brown to chair the Agricultural...

  • Chargers' move shows California is done spending public money on the NFL

    Chargers' move shows California is done spending public money on the NFL

    The Chargers’ dramatic split from the city of San Diego may be a sign that California is officially done spending public money on sports franchises. California voters have grown more skeptical of pouring billions of dollars into football stadiums, which have been shown to generate less of an economic...

  • Wells Fargo quarterly earnings fall in wake of bogus-accounts scandal

    Wells Fargo quarterly earnings fall in wake of bogus-accounts scandal

    Wells Fargo & Co. on Friday reported a 6% drop in fourth-quarter profit in the wake of a scandal over its employees creating as many as 2 million accounts without customer authorization. Earnings at the San Francisco-based bank, the nation’s third-largest, came in below analysts’ estimates as Wells...

  • Solid bank earnings push stocks mostly higher

    Solid bank earnings push stocks mostly higher

    Banks led U.S. stock indexes mostly higher Friday, propelling the Nasdaq composite index to its fourth record high this week. Investors welcomed quarterly earnings from JPMorgan Chase, Bank of America and Wells Fargo, all of which reported results that exceeded Wall Street's expectations. Financial...

  • France investigating Renault on suspicion of emissions fraud

    France investigating Renault on suspicion of emissions fraud

    French authorities are investigating carmaker Renault in connection with suspected fraud in its diesel emissions controls, denting the company's share price as the global fallout spreads from revelations of emissions cheating at Volkswagen.  Renault insisted Friday that its cars are not equipped...

  • Takata agrees to plead guilty and pay $1 billion for hiding air bag defect

    Takata agrees to plead guilty and pay $1 billion for hiding air bag defect

    Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag inflators. The U.S. attorney’s office in Detroit announced the deal Friday, hours after it unsealed a...

  • For millennials, financial security may be out of reach, research suggests

    For millennials, financial security may be out of reach, research suggests

    Millennials are on shaky ground, struggling to gain the same financial security afforded to their parents, new data analysis suggests. When baby boomers were young adults, their net worth was double that of today’s young people, who earn $10,000 less than their counterparts did in 1989, according...

  • Chief of the FTC, the powerful consumer watchdog, is stepping down

    Chief of the FTC, the powerful consumer watchdog, is stepping down

    Federal Trade Commission Chairwoman Edith Ramirez said Friday that she will soon step down as head of the country's most powerful consumer watchdog after serving more than three years in the role and another three years before that as a commissioner. Ramirez is expected to serve in her current...

  • 2017's first big flop? How Paramount's 'Monster Trucks' went awry

    2017's first big flop? How Paramount's 'Monster Trucks' went awry

    Paramount Pictures originally conceived its new movie “Monster Trucks” as fuel for its upstart animation business. But instead, the long-delayed big-budget picture is poised to become the first major box-office wreck of 2017. The live action-computer animation hybrid, about a teenage boy who befriends...

  • EPA moves to preserve gas mileage requirements before Trump takes office

    EPA moves to preserve gas mileage requirements before Trump takes office

    The Environmental Protection Agency could have waited until April of next year to set fuel economy standards for cars and passenger trucks in stone. Instead, it did so Friday — exactly a week before President-elect Donald J. Trump is to be sworn into office. The rules, announced Friday, require...

  • American Apparel's Garden Grove factory sold to Compton textile firm

    American Apparel's Garden Grove factory sold to Compton textile firm

    American Apparel has found a buyer for its Garden Grove manufacturing facility — potentially preserving the jobs of at least a portion of the 330 employees there.  The Los Angeles-based fashion brand, which is being sold to Canadian clothing maker Gildan Activewear, said Thursday that it had reached...

  • Leader of Wells Fargo criminal fraud ring sentenced to seven years in prison

    Leader of Wells Fargo criminal fraud ring sentenced to seven years in prison

    An Inglewood man convicted of running a bank fraud ring that pilfered more than half a million dollars from Wells Fargo bank and its customers was sentenced to more than seven years in federal prison Thursday. Prosecutors said Ronald Charles Reed, 70, who pleaded guilty in March to federal bank...

  • Two big Snapchat updates make the app work more like Facebook, Instagram or Twitter

    Two big Snapchat updates make the app work more like Facebook, Instagram or Twitter

    Snapchat overhauled two key features Thursday, bringing it more in line with Facebook, Instagram and Twitter as a place to see what’s happening in the world at any moment. In an update soon coming to all users, Snapchat will add a search bar at the top of the app. People can look up friends, media...

  • NASA safety advisory group raises concerns about SpaceX rocket fueling process

    NASA safety advisory group raises concerns about SpaceX rocket fueling process

    A major NASA safety advisory group urged the agency to scrutinize SpaceX’s rocket fueling process ahead of future launches of astronauts to the International Space Station. The Aerospace Safety Advisory Panel brought up concerns about the Hawthorne space company’s unconventional fueling operations...

  • Apple now taking film and TV pitches

    Apple now taking film and TV pitches

    Apple Inc. is taking pitches from Hollywood producers and courting television marketing executives as it considers bolstering its Apple Music service with original movies and TV shows, according to people familiar with the discussions.  Apple has toyed with playing a larger role in entertainment...

  • Disneyland to add a digital Fastpass option for $10 a day

    Disneyland to add a digital Fastpass option for $10 a day

    Disneyland’s Fastpass ticketing system, which lets visitors avoid the long lines for crowded attractions by booking a ride time, has been a free feature since it was created in 1999. But Disney announced Wednesday that it will let parkgoers use the Disneyland smartphone app to electronically book...

  • Exxon Mobil is ordered to hand over climate change research

    Exxon Mobil is ordered to hand over climate change research

    A Massachusetts judge has ordered Exxon Mobil to submit 40 years of documents regarding the company’s studies of the impact of fossil fuels on climate change. Superior Court Judge Heidi E. Brieger said state law supports arguments by Massachusetts’ attorney general that the government agency has...

  • Financial companies lead stocks down; oil rises

    Financial companies lead stocks down; oil rises

    Banks and other financial companies led U.S. stocks modestly lower Thursday, wiping out much of the market's Wednesday gains. Phone companies, real estate, utilities and healthcare stocks eked out gains. Energy, technology and other stocks that posted big gains in the weeks after the November election...

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