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Palantir will shell out $1.7 million to resolve discrimination claims

Big data start-up Palantir will pay nearly $1.7 million to settle claims that the company discriminated against Asian job applicants, federal regulators said Tuesday. Palantir will pay back wages and other monetary relief, including the value of stock options, to affected applicants of certain...

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  • Chobani sues Alex Jones for linking yogurt company to sexual assault

    Chobani sues Alex Jones for linking yogurt company to sexual assault

    Greek yogurt giant Chobani filed a lawsuit Monday against right-wing radio host Alex Jones, accusing the conspiracy theorist of publishing false information about the company. Chobani says that Jones and his InfoWars website posted fabricated stories earlier this month that linked Chobani owner...

  • Google takes steps to block 'fake news,' omit derogatory 'autocomplete' suggestions

    Google takes steps to block 'fake news,' omit derogatory 'autocomplete' suggestions

    Google has sprinkled some new ingredients into its search engine in an effort to prevent bogus information and offensive suggestions from souring its results. The changes have been in the works for four months, but Google hadn't publicly discussed most of them until now. The announcement in a blog...

  • Yahoo discloses $187-million exit pay package for Marissa Mayer and $97-million Snapchat holding

    Yahoo discloses $187-million exit pay package for Marissa Mayer and $97-million Snapchat holding

    Yahoo Chief Executive Marissa Mayer would leave the online media company with more than $187 million if she exercises all her stock options, according to a securities filing this week. It’s the latest estimate of the payout Mayer would receive if Verizon’s $4.5-billion purchase of Yahoo closes...

  • Few areas in America haven't seen Chinese investment

    Few areas in America haven't seen Chinese investment

    China continues to hold a massive trade surplus with the United States that’s on pace this year to again reach nearly $350 billion. But there’s a flip side of that trade gap as China invests billions back in America. Investment from China is now so prevalent that all but 10 of America’s 435 congressional...

  • Google to offer rides in self-driving vehicles in Arizona

    Google to offer rides in self-driving vehicles in Arizona

    Google and Fiat Chrysler for the first time will offer rides to the public in the self-driving vehicles they are building under an expanding partnership. The companies announced in spring 2016 that they would build 100 self-driving Chrysler Pacifica hybrid minivans. Those vehicles have been tested...

  • Investors cheer French election results as U.S. and global stocks rally

    Investors cheer French election results as U.S. and global stocks rally

    Vive le rally. U.S. stocks joined a worldwide surge higher Monday after the first round of France's presidential election raised expectations that the European Union will hold together. A candidate seen as pro-business won the most votes Sunday, and many investors expect him to win a runoff against...

  • Tesla plans to nearly double its car-charging network

    Tesla plans to nearly double its car-charging network

    Tesla will nearly double its Supercharger electric car charging network this year to 10,000 public charging units globally, up from 5,400, the company said Monday. The company plans to begin producing the mass-market Model 3 later this year, and to expand its current annual vehicle production from...

  • TrueCar proposes public offering to raise money

    TrueCar proposes public offering to raise money

    TrueCar Inc. is looking to raise funds with a proposed public offering of common stock. The Santa Monica-based vehicle pricing and information website said Monday it expects to offer 1 million shares of common stock, and that certain existing shareholders will likely offer 7.5 million shares in...

  • Debbie Schlussel says Sean Hannity was 'creepy,' but did not sexually harass her

    Debbie Schlussel says Sean Hannity was 'creepy,' but did not sexually harass her

    Political commentator Debbie Schlussel has clarified comments she made about an encounter with Fox News talk show host Sean Hannity — saying he was “creepy” but did not sexually harass her. Schlussel said in a radio interview Friday that Hannity invited her back to his hotel when she was a guest...

  • Apple CEO Tim Cook reportedly threatened to ban Uber from app store over secret tracking

    Apple CEO Tim Cook reportedly threatened to ban Uber from app store over secret tracking

    Apple Chief Executive Tim Cook threatened to kick Uber out of its app store after it discovered that the ride-hailing company was intentionally violating its privacy rules. Losing access to millions of iPhone users through Apple’s app store had the potential to destroy Uber’s business, according...

  • California Inc.: It's crunch time for Wells Fargo's board of directors

    California Inc.: It's crunch time for Wells Fargo's board of directors

    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. There’s a bit more sunshine in the Golden State now that we know California piled on 19,300...

  • Is Wells Fargo's board to blame? Shareholders will weigh in this week

    Is Wells Fargo's board to blame? Shareholders will weigh in this week

    Top corporate bosses who failed to change a flawed system before it went out of control. Mid-level executives who pushed workers too far. Bank regulators who for years were blind to warning signs. Over the past few months, there’s been plenty of blame to go around for the widespread misdeeds of...

  • 7 reasons short sellers are betting against Tesla

    7 reasons short sellers are betting against Tesla

    A high-end Tesla Model S can rocket from zero to 60 mph in 2.27 seconds. But can the electric car maker itself accelerate from producing 80,000 autos a year to 500,000 in 2018? A million in 2020? Can it make money in the process? Short sellers are betting big on no. It’s a dangerous bet. Here’s...

  • American Airlines flight attendant tells angry passenger: 'Hit me. Bring it on'

    American Airlines flight attendant tells angry passenger: 'Hit me. Bring it on'

    American Airlines says it has grounded a flight attendant who got into a verbal confrontation with a passenger after the flight attendant took a baby stroller away from another passenger. Spokeswoman Leslie Scott says the airline is looking into whether the male flight attendant violently took...

  • LAX lets you report a dirty bathroom with a text

    LAX lets you report a dirty bathroom with a text

    Los Angeles International Airport is the second busiest airport in the nation, but when it comes to customer satisfaction, well, let’s just say it doesn’t rank that high. LAX placed 86th in the world, according to the latest survey of 19 million travelers around the world by the Skytrax World Airport...

  • U.S. home sales jump to a 10-year high

    U.S. home sales jump to a 10-year high

    Americans bought homes in March at the fastest pace in more than a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4% last month to a seasonally adjusted annual rate of 5.71 million, the National Assn. of Realtors said Friday. This was the fastest...

  • Indian Chieftain Limited motorcycle is a bad urban bagger

    Indian Chieftain Limited motorcycle is a bad urban bagger

    Polaris-owned Indian Motorcycle, pressing its assault on the big bike market, recently added the Chieftain Limited and Chieftain Elite to its line of Chiefs, Chieftains, Springfields, Roadmasters and Scouts. I had a week on the Limited, and liked it a lot. Like its full-dress Chieftain and Roadmaster...

  • Condo values catching up to single-family homes

    Condo values catching up to single-family homes

    It's a real estate question that historically has had an easy answer: Do single-family detached homes appreciate in value faster than condominiums? The standard answer has been: Of course single-family homes appreciate faster. They are what most Americans prefer to live in, so there's stronger...

  • Zero DS: A plug-in electric commuter bike that is a rarity in the two-wheeled world

    Zero DS: A plug-in electric commuter bike that is a rarity in the two-wheeled world

    Battery electric automobiles have broken most of the barriers to ownership, even if they haven’t broken sales records. Tesla overcame the performance and luxury hurdles with its sleek Model S. The Chevrolet Bolt EV smashed previous range limitations. In the two-wheeled electric world, Zero motorcycles...

  • Mattel shares drop after toy maker posts bigger loss and disappointing sales

    Mattel shares drop after toy maker posts bigger loss and disappointing sales

    Mattel shares dropped Thursday after the nation’s largest toy maker reported a wider loss and a 15% drop in sales for the first quarter as it dealt with holiday hangover of too many items unsold. The latest quarterly performance underscores the challenges facing Chief Executive Margo Georgiadis,...

  • Baby orca arrives: Last killer whale is born at SeaWorld

    Baby orca arrives: Last killer whale is born at SeaWorld

    The last orca has been born in captivity at a SeaWorld park, just over a year after the theme park decided to stop breeding orcas following animal rights protests and declining ticket sales. The Orlando, Fla.-based company said the orca — the last in a generation bred in confinement — was born...

  • Stocks rally, lifted by company earnings

    Stocks rally, lifted by company earnings

    U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy. For more than a week, investors have been poring through company earnings for signs the...

  • Tesla recalls some Model S and Model X cars for parking brake problem

    Tesla recalls some Model S and Model X cars for parking brake problem

    Because of a parking brake that might stick and render a car immobile, Tesla Inc. has issued a voluntary recall for certain Model S and Model X luxury electric cars. In an email to owners Thursday, first revealed by TechCrunch, Tesla said that no injuries related to the defect have been reported,...

  • Bill O'Reilly to leave Fox News with $25 million

    Bill O'Reilly to leave Fox News with $25 million

    Former Fox News star Bill O’Reilly will leave the network with $25 million — the equivalent of one year’s salary, according to two people familiar with the terms of his departure. Parent company 21st Century Fox on Wednesday fired O’Reilly, 67, after investigators retained by the company began...

  • Bill O'Reilly's departure from Fox News draws divergent reactions from conservative media

    Bill O'Reilly's departure from Fox News draws divergent reactions from conservative media

    It was a smear campaign orchestrated by liberal activists bent on censorship. It was a predictable reckoning for an arrogant man. It’s the latest sign that the old-guard conservative media need fresh blood to take on the left-wing establishment. Following the firing of Fox News host Bill O’Reilly...

  • A flying car will be available for preorder for more than $1 million

    A flying car will be available for preorder for more than $1 million

    It may not be quite like the Jetsons, but for over a million dollars you too can soon fly around in a car. A Slovakian company called AeroMobil unveiled on Thursday its version of a flying car, a light-framed plane with wings that can fold back like an insect’s, a hybrid engine and rear propeller....

  • GM halts operations in Venezuela after factory is seized

    GM halts operations in Venezuela after factory is seized

    General Motors has stopped doing business in Venezuela after authorities took control of a factory in what GM called an illegal judicial seizure of its assets. The plant was confiscated Wednesday as antigovernment protesters clashed with authorities in a country that is roiling with economic troubles...

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  • 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...

  • How credit card reward points created delicious results (Infographic)

    Doughnut Plant founder Mark Isreal brought his latest creation to life with the help of 80,000 points earned with his Chase Ink card. Here's how he pulled it off. Save Save

  • Bridging the digital wallet divide (Infographic)

    JPMorgan Chase commissioned Forrester Consulting to research the digital wallet opportunity from the audiences who determine the technology’s future: merchants and their customers. Save Save

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