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    Stocks mostly climb as oil rises sharply

    U.S. stock indexes closed mostly higher Wednesday after a sharp increase in crude oil prices helped drive market-leading gains for energy companies. Banks and other financial stocks declined the most as bond yields headed down, which translates into lower interest rates on loans and lower profits...

  • Samsung's new Galaxy S8 phone has bigger display and new voice assistant

    Samsung's new Galaxy S8 phone has bigger display and new voice assistant

    Samsung seems to be playing it safe — at least with its battery — as it unveils the Galaxy S8, its first major smartphone since the embarrassing recall of its fire-prone Note 7. The Galaxy S8 will come in two sizes, both bigger than comparable models from last year. To maximize display space, there's...

  • Farmworker union underpaid its own organizers, judge rules

    Farmworker union underpaid its own organizers, judge rules

    The union founded on the principle of protecting farmworkers from wage abuses will have to shell out more than $800,000 in back pay to its own organizers, a Monterey County judge ruled this week. The United Farm Workers America failed to pay two dozen of its organizers for some of the hours they...

  • Women rule, and other lessons from Universal's CinemaCon presentation

    Women rule, and other lessons from Universal's CinemaCon presentation

    All signs are that Universal Pictures is poised for a massive year at the box office in 2017. That much was clear from the studio’s Wednesday presentation of upcoming movies at CinemaCon, the annual gathering of movie theater owners in Las Vegas. Even with a slate anchored by franchise bets including...

  • Torrance City Council votes against banning toxic hydrofluoric acid at refinery

    Torrance City Council votes against banning toxic hydrofluoric acid at refinery

    The Torrance City Council has rejected a resolution calling for a ban of the toxic chemical hydrofluoric acid at the troubled local oil refinery, instead deferring to regulators and relevant parties to determine how best to ensure community safety. The council votes came shortly after the U.S....

  • Andrew Napolitano returns to Fox News after being benched over wiretap claims

    Andrew Napolitano returns to Fox News after being benched over wiretap claims

    Fox News senior judicial analyst Andrew Napolitano returned to the air on Wednesday morning and stood by the unsubstantiated wiretapping claims that got him in hot water with his network nearly two weeks ago. The former New Jersey Superior Court judge had not been on the air since March 16 as he...

  • Uber, trying to turn company around, releases diversity numbers

    Uber, trying to turn company around, releases diversity numbers

    In a bid to show that it is serious about transparency and cultural turnaround, ride-hailing giant Uber released data on diversity in its workforce Tuesday. The numbers show that Uber, like other technology companies, has struggled to attract women, Latinos and African Americans to its workforce....

  • Toshiba says Westinghouse has filed for bankruptcy protection in the U.S.

    Toshiba says Westinghouse has filed for bankruptcy protection in the U.S.

    Japan's embattled Toshiba Corp. says its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection. Toshiba said in a statement Wednesday that it filed the Chapter 11 petition in the U.S. Bankruptcy Court of New York. The move had been largely expected. Toshiba is expecting...

  • Wells Fargo to pay $110 million to settle lawsuits over unauthorized accounts

    Wells Fargo to pay $110 million to settle lawsuits over unauthorized accounts

    In the six months since Wells Fargo & Co. acknowledged opening millions of accounts customers didn’t authorize, the bank has junked its old sales incentives, replaced its chairman and chief executive, and paid $185 million in fines. Bank customers, meanwhile, have received just $3.2 million in...

  • 'Kong: Skull Island' conquers China's box office

    'Kong: Skull Island' conquers China's box office

    The U.S.-Sino co-production “Kong: Skull Island” ruled China’s box office last week, followed by Disney’s live-action remake “Beauty and the Beast.” The monster-themed epic topped the weekly chart by taking in a massive $72.2 million over the weekend, according to film industry consulting firm...

  • Theater owner group CEO: Blaming theatrical windows for piracy is 'completely crazy'

    Theater owner group CEO: Blaming theatrical windows for piracy is 'completely crazy'

    The head of the group representing the nation’s cinema operators voiced support Tuesday for potentially groundbreaking talks between theater owners and studios to deliver movies sooner to the home. “Let’s stop fighting publicly about the future of our release dates. This is about growing the pie...

  • How does your doctor rate? Check out this new website

    How does your doctor rate? Check out this new website

    An unprecedented statewide website takes aim at one of the most fraught issues in medicine: Rating the performance of individual doctors. Newly launched by the California Healthcare Performance Information System, the site scores 10,000 doctors in California, providing ratings in eight medical...

  • NBC's 2018 Olympics coverage will air live in all time zones

    NBC's 2018 Olympics coverage will air live in all time zones

    NBC’s prime-time coverage of the 2018 Winter Olympics in Pyeongchang, South Korea, will air live across the United States, including on the West Coast, a first since the Games became a major television attraction in the late 1960s. The move to coast-to-coast live coverage — which NBC Sports is...

  • House sends Trump bill to kill landmark broadband privacy regulations

    House sends Trump bill to kill landmark broadband privacy regulations

    The House voted Tuesday to kill landmark privacy restrictions for Internet service providers and sent the bill to the White House, which indicated President Trump would sign it and invalidate the rules before they go into effect. The measure, approved largely along party lines, repeals tough new...

  • Chinese tech giant Tencent buys 5% stake in Tesla

    Chinese tech giant Tencent buys 5% stake in Tesla

    Chinese technology giant Tencent Holdings Ltd. has bought a 5% stake in electric car and solar firm Tesla Inc., according to a regulatory filing submitted Tuesday. The $1.8-billion investment gives one of China’s most valuable companies another foothold in a growing industry and provides Elon Musk’s...

  • Regulators ding Wells Fargo's community-lending record, citing accounts scandal

    Regulators ding Wells Fargo's community-lending record, citing accounts scandal

    Bank regulators have given Wells Fargo & Co. a poor grade when it comes to serving low-income communities, the bank said Tuesday. In a regulatory filing and news release, the San Francisco bank said that the Office of the Comptroller of the Currency had given it a rating of “needs to improve” on...

  • Uber reveals how white and male its workforce is

    Uber reveals how white and male its workforce is

    Uber Technologies Inc. shed light on the gender and racial diversity of its workforce for the first time Tuesday, releasing a batch of data that even its recruiters reportedly couldn’t access. The numbers show the ride-hailing giant is enduring the same struggles as much of the tech industry to...

  • Facebook adds more Snapchat-like features, and Snap stock falls

    Facebook adds more Snapchat-like features, and Snap stock falls

    The Facebook app’s introduction of Snapchat-like features sent shares of Snap Inc. tumbling Tuesday. Facebook Inc. said it wants to let people’s cameras “do the talking,” as more people are posting photos and videos instead of blocks of text. That’s both a compliment and a big challenge to Snapchat,...

  • Disney film executive delivers sobering message on changing cinema business

    Disney film executive delivers sobering message on changing cinema business

    Hollywood’s annual gathering of movie studios and theater owners in Las Vegas, known at CinemaCon, normally opens with a cheerleading speech for the movie business dominated by talk of box office records and global growth. But the event’s opening remarks by Disney’s film distribution head, Dave...

  • Amgen plans to shuffle and cut hundreds of jobs

    Amgen plans to shuffle and cut hundreds of jobs

    Hundreds of Amgen employees in Thousand Oaks will relocate to other cities or change jobs, and some will be laid off, the biotech giant has said. The company sent an announcement to staff last week, saying that it notified almost 500 people about “changes to their roles” over the next year and...

  • Elon Musk's Neuralink brain chips might someday fight the robot uprising

    Elon Musk's Neuralink brain chips might someday fight the robot uprising

    Elon Musk is starting yet another company, this time to create implantable brain chips to treat neurological disorders and one day, perhaps, protect us from evil robot overlords. In a tweet Monday night, Musk confirmed a Wall Street Journal article on the new company, called Neuralink. “Long Neuralink...

  • Stocks get a boost from consumer confidence and hopes for tax cuts

    Stocks get a boost from consumer confidence and hopes for tax cuts

    Banks and other financial companies led U.S. stock indexes sharply higher Tuesday, snapping an eight-day losing streak for the Dow Jones industrial average. The rally was broad, with materials and industrial companies among the biggest gainers. Energy stocks notched a big gain as crude oil prices...

  • Johnson & Johnson and GM join companies suspending their YouTube ads over extremist videos

    Johnson & Johnson and GM join companies suspending their YouTube ads over extremist videos

    Healthcare product maker Johnson & Johnson and automaker General Motors Co. are among the latest companies to halt advertising on YouTube after concerns that Google is not doing enough to ensure brands’ ads are not appearing near terrorist content. New Jersey-based Johnson & Johnson said in a statement...

  • Stocks sink early on Washington worries before paring losses

    Stocks sink early on Washington worries before paring losses

    Worries that Washington may not be able to help businesses as much as once thought knocked stock indexes down hard early Monday, but they clawed back most of their losses and ended the day mixed. The Standard & Poor's 500 index fell 2.39 points, or 0.1%, to 2,341.59 for its seventh drop in the...

  • Snap shares jump as IPO insiders encourage buying or holding the stock

    Snap shares jump as IPO insiders encourage buying or holding the stock

    Shares of Snapchat maker Snap Inc. jumped Monday, closing at their highest price in three weeks. The leap — shares rose $1.09, or 4.8%, to $23.83 — followed several stock analysts’ new recommendations to buy or hold on to shares of the Los Angeles company. The analysts had been barred from publicizing...

  • Trump to unveil team that will use business ideas to overhaul government

    Trump to unveil team that will use business ideas to overhaul government

    President Trump plans to unveil a new White House office Monday with sweeping authority to overhaul the federal bureaucracy and fulfill key campaign promises — such as reforming care for veterans and fighting opioid addiction — by harvesting ideas from the business world and, potentially, privatizing...

  • New York mayor says 'Fearless Girl' statue can stay til February 2018

    New York mayor says 'Fearless Girl' statue can stay til February 2018

    Mayor Bill de Blasio says the wildly popular statue of a young girl staring down Wall Street's famous "Charging Bull" will be allowed to remain through February 2018. De Blasio says the artwork, called "Fearless Girl," has inspired many people and "fueled powerful conversations about women in leadership."...

  • LAX trains workers to provide 'gold standard' service for fliers

    LAX trains workers to provide 'gold standard' service for fliers

    Los Angeles International Airport was recently ranked one of the 10 most improved airports in the world. But SkyTrax, the air-transport industry research company that gave LAX that ranking, also listed the facility as the 86th best airport in the world, behind airports in Russia, South Korea, Colombia...

  • How parents with less-than-stellar credit can help their kids get a credit card

    How parents with less-than-stellar credit can help their kids get a credit card

    Parents with less-than-perfect credit: You can still help your teenager or young adult child get a credit card and start building a strong credit history. Your credit history isn’t shared Your credit history and scores are yours alone. A person who shares an account with you shares only the history...

  • Buying an HOA property in a liquefaction zone is not for the faint of heart

    Buying an HOA property in a liquefaction zone is not for the faint of heart

    Question: My family is interested in purchasing a townhome or condominium by a marina so we can dock our boat. Someone we know is moving from the marina because of rising homeowner association dues and too many special assessments, so we made an offer to purchase at a steep discount. The seller...

  • The Porsche Macan proves to be a sure-footed beast in the snow

    The Porsche Macan proves to be a sure-footed beast in the snow

    I rarely succumb to envy. On a journalist’s salary, it’s better not to. I lust not for the Range Rovers, the BMW X5s or the Audi Q5s driven by parents at my fifth-grader’s fancy pants private school. When my daughter, my wife and I drive up to Lake Tahoe from Berkeley — as we do nearly every weekend...

  • Clean energy forces messy changes for utilities and regulators

    Clean energy forces messy changes for utilities and regulators

    California’s push for clean energy is forcing the players — consumers, regulators, utilities and fuel producers — into an uncomfortable dance that has each stepping on others’ toes. But all must learn to perform together or risk the reliability of crucial energy services, representatives of the...

  • Stocks swoon, then mostly recover after healthcare bill is pulled

    Stocks swoon, then mostly recover after healthcare bill is pulled

    U.S. stocks flirted with sharp losses but managed a mixed finish after Republicans canceled a vote on their healthcare bill because it became clear the bill would fail. Investors didn't trade much as they waited for answers about the state of President Trump's business-friendly agenda. For the...

  • California jobless rate dips to 5% as state adds 22,900 jobs in February

    California jobless rate dips to 5% as state adds 22,900 jobs in February

    California’s unemployment rate ticked down to 5% in February, reaching a 10-year low on eight consecutive months of job growth. Businesses in California increased their payrolls by a net 22,900 employees, according to data released Friday by the state’s Employment Development Department. By comparison,...

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    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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    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

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    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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