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

BUSINESS

BUSINESS NEWS

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,...

TRUMP ADMINISTRATION

FULL COVERAGE

BUSINESS HIGHLIGHTS

Read more

HOT PROPERTY

view celebrity and luxury homes

MORE FROM BUSINESS

  • 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...

  • 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...

  • 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....

  • 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 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...

  • 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...

  • 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...

  • Surf Air plans to offer commuter flights between Hawthorne and San Diego

    Surf Air plans to offer commuter flights between Hawthorne and San Diego

    All-you-can-fly membership airline Surf Air plans to begin offering commuter service between Hawthorne Municipal Airport and San Diego’s Montgomery-Gibbs Executive Airport. Although the Santa Monica-based airline is confident the expanded service will begin sometime in this year’s second quarter,...

  • 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.,”...

Business Articles

View More
What's This?
This advertiser has no influence over Editorial decisions or content.
58°