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  • 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...

  • Stocks waver as earnings and central-bank news dominate attention

    Stocks waver as earnings and central-bank news dominate attention

    U.S. stock indexes snoozed Thursday as investors were relieved the European Central Bank didn't announce any changes to its stimulus policies. The European bank maintained its current policies, and ECB President Mario Draghi said it hasn't even set a date for considering changes. Investors were...

  • Hampton Creek's board has only one person left: the CEO

    Hampton Creek's board has only one person left: the CEO

    An exodus at eggless mayonnaise maker Hampton Creek Inc. has left the company with only one board member: its chief executive. A Bloomberg report said several board members recently gave up their seats after deep discord with Josh Tetrick, CEO of the San Francisco-based vegan food start-up. The...

  • 'Arrival' producer FilmNation expands into TV with Amazon deal

    'Arrival' producer FilmNation expands into TV with Amazon deal

    Unlike many film producers, FilmNation has stayed out of the television game, focusing instead on cinematic material such as recent best-picture nominee "Arrival" and summer art-house darling "The Big Sick." That's about to change. The New York-based company announced Tuesda‎y that it has sold...

  • AMC says China's Wanda did not fund recent cinema deals

    AMC says China's Wanda did not fund recent cinema deals

    AMC Entertainment, the owner of the world’s biggest movie theater chain, is fighting back against speculation that Chinese government scrutiny of its largest shareholder, Dalian Wanda Group, would hamper its business. AMC’s shares fell 10% Monday on Wall Street following reports that China was...

  • U.S. lays out objectives for NAFTA renegotiations

    U.S. lays out objectives for NAFTA renegotiations

    The Trump administration on Monday unveiled its highly anticipated plans for renegotiating the North American Free Trade Agreement, explicitly stating that its key objective is to reduce the trade deficit with Canada and Mexico — an aim that most economists say is misguided as the focus of a trade...

  • Tesla adds two 'outside' board directors from the media world

    Tesla adds two 'outside' board directors from the media world

    Tesla Inc.’s board is gaining two “outside” directors from the media world, Elon Musk said Monday: James Murdoch and Linda Johnson Rice. The two additions are not connected to the auto or energy industries, but they are A-players on the Los Angeles social circuit with deep experience in media. ...

  • Wells Fargo poised to sell more businesses as it streamlines following accounts scandal

    Wells Fargo poised to sell more businesses as it streamlines following accounts scandal

    Wells Fargo & Co. may not be done shedding assets as it rethinks its business following its sham-accounts scandal. After announcing the sale of both its shareholder-services and commercial insurance subsidiaries in the last month, the San Francisco-based bank is considering cutting even more amid...

  • U.S. stocks wind up mixed as retailers rise, healthcare dips

    U.S. stocks wind up mixed as retailers rise, healthcare dips

    U.S. stocks hardly budged Monday as smaller firms and retailers rose while healthcare companies and banks declined. Chemical and mining companies rose as the dollar weakened. Precious metals rose as the dollar, already at its lowest levels in almost a year, weakened a bit further. Bond yields slipped,...

  • Tesla driver recants, says Autopilot not to blame for crash

    Tesla driver recants, says Autopilot not to blame for crash

    A Tesla driver says his car's partially self-driving Autopilot system wasn't responsible for a crash in Minnesota, despite what he initially told investigators. In its report obtained by the Associated Press on Monday, the Kandiyohi County Sheriff's Office said David Clark, 58, blamed Autopilot...

  • To battle hackers, IBM wants to encrypt the world

    To battle hackers, IBM wants to encrypt the world

    There are only two types of companies, it is commonly said: those that have been hacked, and those that just don't know it yet. IBM Corp. wants to get rid of both. The Armonk, N.Y., computing giant said Monday that it has achieved a breakthrough in security technology that will enable all businesses...

  • California Inc.: Heroes are converging on San Diego for Comic-Con

    California Inc.: Heroes are converging on San Diego for Comic-Con

    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. For anyone who thinks rising temperatures aren’t that big a deal, check out this Columbia...

  • NPR and SAG-AFTRA reach a tentative deal on a three-year contract

    NPR and SAG-AFTRA reach a tentative deal on a three-year contract

    SAG-AFTRA has reached a tentative agreement with National Public Radio on a new three-year contract covering 400 union news and programming employees at the nonprofit radio service. Terms of the new deal reached just after midnight Eastern time Saturday night were not disclosed. A representative...

  • Start saving early for retirement in case that last day of work sneaks up on you

    Start saving early for retirement in case that last day of work sneaks up on you

    Dear Liz: What advice would you give to a Silicon Valley professional who hasn't done a good job planning for retirement? I'm 53 and maxing out my 401(k), saving $24,000 a year with my employer matching my contributions dollar for dollar up to 6% of salary. In addition, I’m saving $50,000 to $60,000...

  • Disney announces new Marvel attraction in Anaheim and the name of its Star Wars land

    Disney announces new Marvel attraction in Anaheim and the name of its Star Wars land

    With demand continuing to grow for Disney parks and movies, the entertainment giant announced plans to add new attractions throughout its parks, including a new Marvel superhero expansion in Anaheim. During its fan exposition D23 in Anaheim, Disney officials on Saturday revealed details of planned...

  • Wi-Fi on planes worldwide will more than double by 2022

    Wi-Fi on planes worldwide will more than double by 2022

    Despite security fears about the use of laptop computers on planes, the world’s airlines are expected to more than double the number of planes equipped with wireless Internet to let passengers log on with portable electronic devices. A new report by Britain’s Juniper Research estimates that more...

  • It's hard to believe but a condo could be lost to squatters

    It's hard to believe but a condo could be lost to squatters

    Question: About 17 years ago I inherited my father’s mortgage-free town house in Southern California. I made the five-hour round-trip drive from my home to the townhouse to pick up mail and pay the leftover bills. As the mail and bills eventually stopped there was no need for me to continue making...

  • Automakers turn to this Southern California director to put you in the driver's seat

    Automakers turn to this Southern California director to put you in the driver's seat

    Tim Damon grew up photographing Detroit muscle cars. His video work earned him awards and Super Bowl airtime. Then came the call to help promote a high-end sports sedan that sounded like someone forgot the engine. In the resulting short film about the Tesla Model S, called “Lightdrive,” music swells,...

  • Indian Motorcycle introduces its new Scout Bobber

    Indian Motorcycle introduces its new Scout Bobber

    Hoping to capitalize on the current craze for chopped, “custom” motorcycles, Indian has introduced a factory-custom Bobber version of its successful line of Scout bikes. The new Bobber, due in U.S. and Canadian dealerships in September, is powered by the same 69-cubic-inch, 100 horsepower V-twin...

  • 'The Walking Dead' stuntman John Bernecker dies after on-set accident

    'The Walking Dead' stuntman John Bernecker dies after on-set accident

    John Bernecker, a stuntman on AMC's popular show "The Walking Dead," has died from injuries suffered on the show's set in Georgia, in the latest tragedy to strike a film set mid-project. After a Wednesday afternoon fall, Bernecker, 33, was flown to the Atlanta Medical Center, where he died at 6:30...

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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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