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  • U.S. orders Wells Fargo to reinstate whistle-blower and pay $577,500 in compensation

    U.S. orders Wells Fargo to reinstate whistle-blower and pay $577,500 in compensation

    The U.S. Labor Department has ordered Wells Fargo & Co. to reinstate another former employee who alleged she was fired after reporting part of the widespread fraud that engulfed the bank in a major scandal. The whistle-blower, a former branch manager in Pomona, will be reinstated and paid $577,500...

  • United Airlines says it's bumping fewer passengers since dragging scandal

    United Airlines says it's bumping fewer passengers since dragging scandal

    United Airline’s image took a beating in April because of an ugly incident caught on video involving a passenger who was dragged from his seat. Since an initial defensive response, the carrier has been working overtime to rebound from the scandal. The Chicago-based carrier this week reported that...

  • Lyft forms an autonomous vehicle unit

    Lyft forms an autonomous vehicle unit

    Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service says it will open its network, inviting automakers and...

  • Big bang for the buck: 2017 Kia Soul Turbo

    Big bang for the buck: 2017 Kia Soul Turbo

    I like boxy, practical cars — as far back as my first vehicle, a beat-up ’51 Chevy panel truck. I applauded the arrival of the Toyota Scion XB and the Honda Element when they were both introduced in 2003, and the Nissan Cube when it appeared in 2009. But I didn’t always like the way those cars...

  • California bill would boost electric car rebates by $3 billion, but where will the money come from?

    California bill would boost electric car rebates by $3 billion, but where will the money come from?

    Over seven years, California has spent $430 million on low-emission vehicle subsidies to help lower the cost for car buyers. Now the state Legislature is looking to extend that by another seven years, but with a price tag of $3 billion. Assembly Bill 1184 is being slammed for leaving basic questions...

  • Tech and healthcare lift stocks to new records

    Tech and healthcare lift stocks to new records

    U.S. stocks continued to climb Wednesday, led by technology, healthcare and energy companies. Media companies also rose as stock indexes set record highs. The technology part of the Standard & Poor's 500 index broke the record it set in March 2000, before the dot-com bubble burst. Energy companies...

  • Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Bringing a laptop or tablet on a Mexico-to-U.S. flight? Beware of new security measures

    Mexican authorities say the U.S. Department of Homeland Security has instituted heightened security measures for laptops and tablets on U.S.-bound flights from the country. Mexico's Transportation Department said in a statement that the measures took effect starting Wednesday for “electronics larger...

  • Elon Musk downplays expectations for giant rocket's first flight

    Elon Musk downplays expectations for giant rocket's first flight

    SpaceX Chief Executive Elon Musk on Wednesday downplayed expectations for the upcoming demonstration flight of the company’s giant Falcon Heavy rocket, saying there was a “good chance” the vehicle would not make it to orbit in its first launch. Musk gave insight into the Falcon Heavy development...

  • 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. ...

  • 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...

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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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