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  • 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,...

  • 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...

  • 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."...

  • California Inc.: Long Beach plays host to 'Pulse of the Ports' shipping event

    California Inc.: Long Beach plays host to 'Pulse of the Ports' shipping event

    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. Steady (albeit unspectacular) improvement in the Golden State: We learned Friday that employers...

  • 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,...

  • Netflix will produce four more feature films with Adam Sandler

    Netflix will produce four more feature films with Adam Sandler

    His lowbrow comedies have earned him few fans among connoisseurs of serious cinema, but Adam Sandler has found a steadfast supporter in Netflix, which has partnered with the actor on three movies since they teamed up in 2015 on “The Ridiculous 6.” Ahead of April’s release of “Sandy Wexler,” Netflix...

  • Credit bureau Experian fined $3 million over misleading credit scores

    Credit bureau Experian fined $3 million over misleading credit scores

    Costa Mesa credit bureau Experian will pay a $3-million fine to settle a federal regulator’s claims that the firm sold credit scores that were of little or no use to consumers. The Consumer Financial Protection Bureau announced the fine and settlement Thursday. The CFPB’s allegations against Experian...

  • AT&T workers end their strike in California and Nevada

    AT&T workers end their strike in California and Nevada

    Thousands of AT&T technicians in California and Nevada went back to work Thursday, ending a one-day strike after their union and the Dallas telecommunications giant reached a truce. An estimated 17,000 union members had gone on strike early Wednesday over a grievance about increased responsibilities...

  • Olympus' redesigned scope is linked to infection outbreak

    Olympus' redesigned scope is linked to infection outbreak

    Doctors have tied a superbug outbreak at a foreign health facility to a medical scope that Olympus modified last year in an attempt to reduce its risk of spreading bacteria between patients. Five patients treated with the modified device tested positive for the same potentially deadly bacteria,...

  • Bebe is closing all its stores and focusing online, report says

    Bebe is closing all its stores and focusing online, report says

    Bebe Stores Inc., a mall retailer whose velour tracksuits were once ubiquitous fashion staples, is reportedly closing all its stores and focusing on its online business. The Brisbane, Calif., company is trying to shut about 170 stores and avoid bankruptcy, according to Bloomberg, which cited unnamed...

  • Virgin America will disappear into Alaska Airlines in 2019

    Virgin America will disappear into Alaska Airlines in 2019

    Virgin America, the California-based carrier with the blue mood lighting and high-tech entertainment system, will be fully absorbed by Alaska Airlines by the end of 2019 as Alaska strives to become the West Coast’s dominant airline. Only three months after Alaska Airlines’ parent company completed...

  • AT&T, Verizon and other advertisers flee Google over offensive YouTube videos

    AT&T, Verizon and other advertisers flee Google over offensive YouTube videos

    Google’s advertising machine is under siege. Two of the nation’s biggest ad buyers and several other major companies announced Wednesday their intention to halt or reduce deals with Google over concerns that the search-engine giant had failed to protect their brands from being intertwined with...

  • Global box office barely grew in 2016. Blame it on China

    Global box office barely grew in 2016. Blame it on China

    Global movie box office revenue growth slowed last year as international receipts declined for the first time in 12 years, reflecting a cooling in China’s once-red-hot film market, according to a new report. The total worldwide box office rose 1% to a record $38.6 billion in ticket sales last year,...

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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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