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Olympus' redesigned scope 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,...

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  • Loans with triple-digit APRs? No more, under California assemblyman's proposal

    Loans with triple-digit APRs? No more, under California assemblyman's proposal

    In California lending law, $2,500 is a vital number. Lenders who make loans of less than that amount are limited in the amount of interest they can charge. Lenders who make loans of $2,500 and up, though, can charge whatever the market will bear. In 2015, more than half of all loans between $2,500...

  • What we know about the electronics restrictions on some foreign flights

    What we know about the electronics restrictions on some foreign flights

    Travelers from several Muslim-majority countries found out Tuesday that they won’t be allowed to bring most electronic devices into the cabin on direct flights to Britain, which issued a directive similar to the one sent Monday by U.S. officials to nine foreign airlines. U.S. and British authorities...

  • Stocks have their worst day of the year

    Stocks have their worst day of the year

    U.S. stocks took their biggest loss in five months Tuesday as a healthcare bill backed by President Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred by lower taxes and cuts in regulations. Banks plunged as bond yields continued to...

  • Uber, trying to leave troubles behind, backs its CEO and pledges more diversity efforts

    Uber, trying to leave troubles behind, backs its CEO and pledges more diversity efforts

    After a spate of turbulence, ride-hailing giant Uber made a point Tuesday of reaffirming its loyalty to Chief Executive Travis Kalanick and its commitment to having an inclusive workplace. “It’s clear both Uber and the whole ride-sharing industry would not be where we are today without Travis,”...

  • Apple announces red iPhones and a new, cheaper iPad

    Apple announces red iPhones and a new, cheaper iPad

    Apple Inc. announced a new, cheaper iPad and Product Red special editions of its iPhone 7 and iPhone 7 Plus early Tuesday. All three products will be available to order online and in stores beginning Friday, it said. Apple’s new iPad, a refresh of its iPad Air 2, boasts a 9.7-inch Retina display,...

  • Spring air travel expected to set new record

    Spring air travel expected to set new record

    The nation’s airlines expect to set a new record for spring travel this year, with nearly 145 million travelers taking to the air. The projected number of spring travelers is a 4% increase over the nearly 140 million passengers who flew last year between March 1 and April 30 on U.S.-based airlines,...

  • Tesla to drop cheapest Model S, the 60 and 60D, from lineup

    Tesla to drop cheapest Model S, the 60 and 60D, from lineup

    Tesla is dropping the low end of its luxury Model S product lineup, months before the planned introduction of the less expensive Model 3. The electric-powered Model S sedan ranges in price from $64,000 to $128,000. The higher the price, the more powerful the battery pack. The soon-to-be discontinued...

  • FCC chief says media aren't the enemy of the people. He dodged the question earlier

    FCC chief says media aren't the enemy of the people. He dodged the question earlier

    The news media are not the enemy of the American people, the new head of the Federal Communications Commission said after dodging the question at a Senate hearing this month. “A free media is vital to our democracy,” FCC Chairman Ajit Pai wrote last week to Sen. Bill Nelson (D-Fla.), who released...

  • California Inc.: Mayor Garcetti to lay out future of Los Angeles

    California Inc.: Mayor Garcetti to lay out future of Los Angeles

    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. Where are job openings these days? Try down on the farm, where pay is rising well past...

  • Uber president quits after six months on the job

    Uber president quits after six months on the job

    Jeff Jones, the president of the embattled ride-hailing company Uber, has resigned just six months after taking the job, the company confirmed Sunday. In a brief statement, Uber didn't say why Jones left. "We want to thank Jeff for his six months at the company and wish him all the best," the statement...

  • Deploying a windfall wisely

    Deploying a windfall wisely

    Dear Liz: I recently received a $38,000 windfall. I have a student loan balance of $37,000. I want to buy a home, but I can’t decide if I should have a large down payment and continue paying down student loans slowly, or make a balloon payment on my student loans and put down a smaller amount on...

  • A missing lease agreement is not a reason to withhold rent

    A missing lease agreement is not a reason to withhold rent

    Question: A month ago, I signed a one-year lease when I met with the onsite manager at the community’s rental office. I paid the deposit and first month’s rent. The manager took the lease agreement with him, saying he would have the owner sign it and return a copy to me. I have called him and texted...

  • More airlines cut service to Cuba

    More airlines cut service to Cuba

    Only six months after U.S. carriers began operating regular commercial flights to Cuba, Frontier Airlines and Silver Airways have become the latest airlines to cut service to the island nation. The news comes after JetBlue and American Airlines both announced plans in the last two months to reduce...

  • Why did Fed's Neel Kashkari oppose a rate hike? The economy's not ready for it, he says

    Why did Fed's Neel Kashkari oppose a rate hike? The economy's not ready for it, he says

    Neel Kashkari, the only Federal Reserve policymaker to vote against an interest rate hike this week, said he balked because the economy’s not ready for it. The president of the Fed’s Minneapolis regional bank, explained in an essay Friday that inflation still hasn’t hit the central bank’s 2% annual...

  • U.S. factory production rose for 6th straight month in February

    U.S. factory production rose for 6th straight month in February

    U.S. factories cranked out more autos, steel and computers in February, the sixth straight monthly increase in manufacturing output. The Federal Reserve says factory production rose a seasonally adjusted 0.5% last month from January. That followed another 0.5% gain the previous month. Mining output...

  • Turned down for a job? You are now one rejection closer to success

    Turned down for a job? You are now one rejection closer to success

    You've resolved to find a new job. You've sent resumes. Done interviews. But sometimes you just don't land the job. Hearing "no" from potential employers can impact you mentally, psychologically, even physically. But keep your chin up: You can deal with the rejection and the setbacks. I was recently...

  • Kia Niro: Good things come in small packages

    Kia Niro: Good things come in small packages

    A good time to be buying an automobile in America just got better. So many choices. Such good cars. Just pick a style and a price point and go. Kia Motors has added to the affordable SUV mix with its 2017 Niro — a name the company says is a mixture of "hero” and “near zero,” in reference to the...

  • After scandal and shakeup, Banc of California wants to be boring again

    After scandal and shakeup, Banc of California wants to be boring again

    Banc of California was at a high point last summer. The Irvine lender’s assets had topped $10 billion, a milestone for a bank that had assets of less than $1 billion just five years earlier. Impressed investors sent its notoriously cheap stock to a post-recession high. And in August, its ambitious...

  • Hacks are everywhere. Here's how to keep your Twitter account safe.

    Hacks are everywhere. Here's how to keep your Twitter account safe.

    Do you remember what you were doing on Twitter in 2010? Twitter accounts have been compromised by a range of security issues lately — and in at least one case the vulnerability is tied to a decision users made years ago. It might be time to double check how secure your account really is. Early...

  • California softens its proposed rule on pesticide use near schools

    California softens its proposed rule on pesticide use near schools

    Before using pesticides near California public schools, growers would have to notify school and county agricultural officials, under a revised draft regulation released Thursday — but the notification requirements would be less strenuous than what was proposed a few months ago. In September, the...

  • Stocks hold steady as Fed-fueled rally fades

    Stocks hold steady as Fed-fueled rally fades

    Stocks held steady on Wall Street on Thursday, and bond prices gave back some of their big gains from the prior day as a rally fueled by the Federal Reserve's Wednesday announcement on interest rates faded. The Standard & Poor's 500 index fell 3.88 points, or 0.2%, to 2,381.38. The Dow Jones industrial...

  • Does it make sense to spend up to $289 million to repair the Queen Mary?

    Does it make sense to spend up to $289 million to repair the Queen Mary?

    Buried in a nearly 400-page study on the dire repairs needed for the venerable Queen Mary is a diagram of the 81-year-old ocean liner that looks like something out of an autopsy report. From the bow to the stern, from the keel to the crow’s nest, arrows point out more than 20 repair projects needed...

  • SpaceX launches rocket, deploys communications satellite

    SpaceX launches rocket, deploys communications satellite

    SpaceX launched a commercial communications satellite overnight after strong winds delayed a previous attempt. Shortly after 2 a.m. EDT Thursday, SpaceX tweeted that the main engine cutoff and stage separation had been confirmed. The second stage engine burn was underway. About 2:35 a.m. EDT, SpaceX...

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