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  • 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...

  • Albertsons is interested in buying Whole Foods, report says

    Albertsons is interested in buying Whole Foods, report says

    Albertsons is apparently still shopping around in the organic aisle. The grocery chain’s owner is reportedly considering a takeover of high-end grocer Whole Foods Market Inc., according to a report Monday from the Financial Times. The news comes just weeks after Bloomberg reported that Albertsons...

  • Home prices rose at the fastest pace in nearly 3 years

    Home prices rose at the fastest pace in nearly 3 years

    U.S. home prices rose steadily in February as more buyers chased fewer available properties, a trend that many analysts say may not be sustainable. The Standard & Poor's CoreLogic Case-Shiller national home price index, released Tuesday , increased 5.8% in February, the most in 32 months. Such...

  • 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...

  • How a short sale can short-circuit your credit score

    How a short sale can short-circuit your credit score

    Dear Liz: In 2010 I was laid off from my construction management position. I was unable to find work for 28 months. The bank tried to foreclose but I was able to arrange a short sale of my home in March 2012. Shortly after that, my unemployment benefits ran out and I was unable to pay my obligations...

  • Penthouse CEO Kelly Holland wants to revive the legendary adult entertainment brand

    Penthouse CEO Kelly Holland wants to revive the legendary adult entertainment brand

    The gig: Kelly Holland is the chief executive and majority shareholder of Chatsworth-based Penthouse Global Media, the adult entertainment brand founded in 1965 by Bob Guccione. She acquired the company last year from parent company Friend Finder Networks after a long period of financial difficulty...

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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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