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  • NBCUniversal and Snap form a new venture to produce scripted shows for mobile users

    NBCUniversal and Snap form a new venture to produce scripted shows for mobile users

    NBCUniversal and Snap Inc. have formed a production studio that will create programming designed for viewing on mobile devices, the companies announced Tuesday. Most of the content developed by the joint venture will debut on Snapchat, the social media and messaging service that already carries...

  • Jack Gao leaves Wanda and Legendary Entertainment

    Jack Gao leaves Wanda and Legendary Entertainment

    Dalian Wanda Group executive Jack Gao, who had been leading the Chinese conglomerate’s film subsidiary Legendary Entertainment, has stepped down from his job, according to a person briefed on the matter. Gao was senior vice president of Wanda’s cultural industry group, where he served a key role...

  • American Flat Track motorcycle racing closes season with strong numbers

    American Flat Track motorcycle racing closes season with strong numbers

    The season is over. The numbers are in. Flat track is back and it’s big again. The American Flat Track race schedule for 2017 ended Oct. 7 at Southern California’s Perris Auto Speedway. At the conclusion of the 18-race series, the top three positions in the main class were held by Jared Mees, Bryan...

  • Airbus notches win over rival Boeing with Bombardier deal

    Airbus notches win over rival Boeing with Bombardier deal

    Airbus scored a point in its high-stakes rivalry with Boeing by striking a deal just across the U.S. border. The European plane maker reached an unusual, no-cost deal with Canada's Bombardier that sent Airbus shares up Tuesday, boosts both companies' prospects in Asia and should save thousands...

  • Power plant developer pulls the plug on its natural gas project in Oxnard

    Power plant developer pulls the plug on its natural gas project in Oxnard

    The developer of a proposed natural gas power plant in Ventura County asked state regulators Monday to suspend review of the plans, effectively ending the controversial project. In response to regulators’ recommendation this month to reject the project, NRG Energy asked the California Energy Commission...

  • Harvey Weinstein's company gets a financial lifeline as he faces new criminal probe

    Harvey Weinstein's company gets a financial lifeline as he faces new criminal probe

    The Weinstein Co., reeling from sexual harassment and rape allegations against ousted co-founder Harvey Weinstein, has secured some much-needed financial relief from Los Angeles billionaire Thomas Barrack. The mini-studio announced Monday that it has entered into an agreement for Barrack’s private...

  • FTC and 11 states crack down on student loan scams

    FTC and 11 states crack down on student loan scams

    Federal and state officials have launched the first national crackdown on companies that they say gouge student loan borrowers, accusing the companies of taking more than $95 million in illegal fees in recent years and falsely promising debt relief. The Federal Trade Commission, 11 states and the...

  • Hundreds of Tesla workers were let go for subpar performance, the company says

    Hundreds of Tesla workers were let go for subpar performance, the company says

    Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The San Jose Mercury News, which broke that story, said Tesla...

  • Nordstrom suspends its plan to go private

    Nordstrom suspends its plan to go private

    An effort to take Nordstrom Inc. private has halted, at least temporarily. In June, members of the Nordstrom family — including company co-Presidents Blake, Peter and Erik Nordstrom — said they were thinking about acquiring the approximately 70% of the stock they don't already own. Going private...

  • Netflix sinking deeper into debt to fuel subscriber growth

    Netflix sinking deeper into debt to fuel subscriber growth

    Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service. The big burden that Netflix is shouldering hasn't been a major concern on Wall Street so far, as CEO Reed...

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  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • Think outside the bank: How to get a business loan online

    Think outside the bank: How to get a business loan online

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish and high-performance bikes based in Venice Beach, California....

  • 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...

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