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  • LAX expects to break passenger record for Memorial Day weekend

    LAX expects to break passenger record for Memorial Day weekend

    If you plan to fly out of Los Angeles International Airport this weekend, you may help set an airport record.  LAX is expected to serve an all-time high of 849,000 travelers during the Memorial Day weekend, an 8.2% increase over the previous record of 785,000 passengers, set last year. The increase...

  • Why hasn't TSA PreCheck reduced airport wait times?

    Why hasn't TSA PreCheck reduced airport wait times?

    Bob Mason arrived nearly two hours before a business trip out of Ontario Airport a couple of years ago only to face the headache that all travelers dread: a security screening line that seemed to go on forever. “I barely made my flight,” said Mason, a healthcare consultant from Redlands. “That...

  • Facebook's new advertising play: Selling ads for non-users

    Facebook's new advertising play: Selling ads for non-users

    To advertisers, Facebook Inc.'s biggest treasure trove is what it knows about you. Anything from your age to where you went to school to your favorite band can be treated as a data point that the social network can use to display highly specific advertisements. With this wealth of personal information...

  • Stocks edge higher, led by consumer companies and banks

    Stocks edge higher, led by consumer companies and banks

    U.S. stocks made small gains Friday morning as banks and consumer products companies traded higher. Beauty products retailer Ulta jumped after it reported strong first-quarter results and raised its projections for the year. Stocks are closing in on their best week since the beginning of March. ...

  • Largest-ever U.S. auto recall gets bigger: 12 million more vehicles with Takata air bags ordered back

    Largest-ever U.S. auto recall gets bigger: 12 million more vehicles with Takata air bags ordered back

    Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators.  Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday by the National Highway Traffic Safety...

  • Oil prices flirt with key $50 mark

    Oil prices flirt with key $50 mark

    Oil prices, battered after a slump dating back to the summer of 2014, touched the $50 a barrel level for the first time in seven months Thursday. The prices of West Texas Intermediate and Brent crude each fell slightly below $50 by the end of the trading day after some profit-taking by some investors,...

  • Ex-Wells Fargo mortgage banker is banned and fined for an alleged escrow fee scheme

    Ex-Wells Fargo mortgage banker is banned and fined for an alleged escrow fee scheme

    A former Wells Fargo & Co. mortgage banker in Beverly Hills has agreed to a one-year ban from the mortgage business and to pay an $85,000 fine to settle allegations that he orchestrated a scheme that resulted in some customers paying inflated fees. The Consumer Financial Protection Bureau on Thursday...

  • Uber testing 'upfront pricing' in some cities to promote carpool option

    Uber testing 'upfront pricing' in some cities to promote carpool option

    In an effort to push more of its customers to carpool, Uber is experimenting with a version of its ride-hailing application that displays the maximum cost riders will pay to get to their destination. Termed “upfront pricing,” the tech-driven transportation giant’s tweaked pricing screen now shows...

  • California regulators approve battery storage to help avoid summer blackouts

    California regulators approve battery storage to help avoid summer blackouts

    State regulators have approved the purchase of battery storage for electricity to support Southern California's energy supply, which faces potential shortages because of the troubled Aliso Canyon natural gas storage facility. The California Public Utilities Commission wants Southern California...

  • Snapchat expands investor base as it grabs $1.3 billion in funding

    Snapchat expands investor base as it grabs $1.3 billion in funding

    Snapchat Inc. has broadly expanded its shareholder base over the last year, going far beyond the few venture capitalists who bankrolled the Venice firm when it was merely an app for sharing self-destructing photos.   Now operating a complex social media app that teenagers can't seem to look away...

  • Google wins in Android copyright battle; Oracle vows to appeal

    Google wins in Android copyright battle; Oracle vows to appeal

    A federal jury has sided with Google in a $9-billion legal battle with tech industry rival Oracle Corp., a complex copyright case that was closely watched in Silicon Valley. Oracle had said Alphabet Inc.'s Google stole some of its Java software to create Android, the world's most popular smartphone...

  • Stocks close mixed; banks and chemicals firms slide

    Stocks close mixed; banks and chemicals firms slide

    U.S. stocks barely budged Thursday as investors moved cautiously after two days of large gains. Utilities and phone companies rose the most thanks to a decline in bond yields, while chemical companies and banks surrendered some of their recent gains. Stocks alternated between small losses and gains...

  • Uber and Lyft drivers are safer than the average American driver, according to new report

    Uber and Lyft drivers are safer than the average American driver, according to new report

    Drivers for ride-hailing services such as Uber, Lyft, and HopSkipDrive are generally safer than the average American driver, according to a new study by automotive analytics firm Zendrive and research firm Aite Group. The research compared data collected anonymously from the smartphones of about 12,000...

  • Watchdog group shows 'cozy' emails between state regulators and utility executives

    Watchdog group shows 'cozy' emails between state regulators and utility executives

    The Santa Monica consumer group that prompted an investigation into contacts by the top aide for Gov. Jerry Brown with regulated utilities earlier this year has built a searchable public database of thousands of internal emails to and from her former employer, Pacific Gas & Electric, as well as...

  • Faraday Future seeks approval to build electric cars in California

    Faraday Future seeks approval to build electric cars in California

    Faraday Future, the Gardena-based electric car company, is eager to begin building its battery-electric vehicles in California. Having broken ground only a month ago on a $1-billion car factory in Nevada, Faraday could add a Vallejo facility to its production plans. Pending the outcome of a city...

  • Pending U.S. home sales hit highest level since 2006

    Pending U.S. home sales hit highest level since 2006

    Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade. The National Assn. of Realtors said Thursday that its seasonally adjusted pending home sales index surged 5.1% last month to 116.3, the highest...

  • Why the golf market is in the rough

    Why the golf market is in the rough

    The golf business -- how often Americans play golf and how much they’re spending on clubs and other equipment -- is struggling to find ways to grow. That was evident again early this month when sporting goods giant Adidas Group said it planned to divest its TaylorMade unit, one of the largest makers...

  • Another investor criticizes Tribune's moves, but 2 more proxy advisors back its board

    Another investor criticizes Tribune's moves, but 2 more proxy advisors back its board

    Another major Tribune Publishing investor is crying foul over the company's rejection of Gannett's buyout offer -- even as two more advisory firms weighed in to give the board cover against a possible shareholder lawsuit. In a letter sent Tuesday to Tribune's board, St. Louis investment firm Towle...

  • Justice Department accuses Ontario-based hospital chain of cheating Medicare system

    Justice Department accuses Ontario-based hospital chain of cheating Medicare system

    The U.S. Justice Department has joined a whistle-blower case against Prime Healthcare Services, adding significant weight to allegations of widespread Medicare overbilling at 14 of the company’s hospitals in California. A Los Angeles magistrate judge granted the agency’s request to intervene in...

  • Edison International CEO Craver to retire

    Edison International CEO Craver to retire

    Edison International said Tuesday that Chief Executive Ted Craver will retire in September in keeping with the Rosemead company's practice of asking its leaders to step down at age 65. Craver, who also is president and chairman of Edison International, the parent company of Southern California...

  • Power plant proposals for Southern California spark an energy debate

    Power plant proposals for Southern California spark an energy debate

    A new wave of natural gas power plants planned for Southern California has stoked a high-stakes debate about how best to keep the lights on throughout the region. Green groups believe renewable energy has received short shrift by utilities proposing these facilities from Carlsbad to Oxnard. But operators...

  • Stocks climb for the second day as energy companies jump

    Stocks climb for the second day as energy companies jump

    U.S. stocks climbed Wednesday as investors continued to recover some confidence in the health of the global economy. That sent oil prices higher and gave energy companies a boost, while materials companies also climbed higher.  In Europe, a round of new rescue loans for Greece was unfrozen, eliminating...

  • EU proposes a quota of European films on services like Netflix and Amazon

    EU proposes a quota of European films on services like Netflix and Amazon

    One-fifth of the films and television shows offered in the European Union by on-demand providers like Netflix, iTunes and Amazon would have to be Europe-made under new proposals issued Wednesday.  The quota would match one that already exists for TV networks in European countries and aims to protect...

  • SeaWorld attendance sinks while other theme parks rise in 2015

    SeaWorld attendance sinks while other theme parks rise in 2015

    The 60th anniversary celebration at Disneyland helped push attendance at the park up by 9% last year, while SeaWorld San Diego continued to struggle amid animal rights controversies, with attendance falling 7%. New attractions and celebrations helped lure more visitors to every major theme park...

  • Nearly half of U.S. households would struggle with an unexpected $400 expense, Fed study finds

    Nearly half of U.S. households would struggle with an unexpected $400 expense, Fed study finds

    Shedding light on the precarious economic state of many American families, the Federal Reserve said Wednesday that nearly half of U.S. households reported they would have trouble meeting emergency expenses of just $400.  In addition, the Fed found that 22% of workers were juggling two or more jobs...

  • Ford recalls 271,000 F-150 pickups to fix brake fluid leak

    Ford recalls 271,000 F-150 pickups to fix brake fluid leak

    Ford Motor Co. has issued a safety recall for faulty braking systems in F-150 pickups, the automaker's most popular product and the bestselling vehicle in America for most of the past 30 years. The recall includes about 271,000 pickups in the 2013 and 2014 model years. The Michigan car company...

  • Microsoft cuts more jobs in struggling mobile unit

    Microsoft cuts more jobs in struggling mobile unit

    Microsoft will cut up to 1,850 jobs and book an approximately $950-million writedown as it attempts to salvage its rocky entrance into the smartphone market.  The company acquired Nokia's phone business in 2014 for $7.3 billion, seeking to capitalize on the fast-growing industry. But by summer...

  • Obama races to cement the big Pacific Rim trade deal that all his potential successors oppose

    Obama races to cement the big Pacific Rim trade deal that all his potential successors oppose

    President Obama is racing against the clock to cement a massive Pacific Rim trade deal that all of his potential successors oppose, with his administration eyeing a looming fight on Capitol Hill while starting to implement as much of the complicated pact as it can.  The effort begins in Vietnam,...

  • U.S. probes e-commerce giant Alibaba's accounting practices

    U.S. probes e-commerce giant Alibaba's accounting practices

    Chinese e-commerce firm Alibaba says it is under investigation by U.S. regulators in connection with its accounting practices.  Alibaba said in a regulatory filing Tuesday that the U.S. Securities and Exchange Commission has requested documents and information related to its policies and practices...

  • 'Era of blindly following' Mickey Mouse is over, says Chinese billionaire battling Disney

    'Era of blindly following' Mickey Mouse is over, says Chinese billionaire battling Disney

    If Walt Disney Co. executives thought they were going to open a theme park in mainland China without major opposition, they were wrong. Only weeks before the launch of the $5.5-billion Shanghai Disney Resort, a Chinese rival has vowed to outperform Disney with local theme parks that offer lower...

  • Amazon will open 2 new California warehouses, in Eastvale and Tracy

    Amazon will open 2 new California warehouses, in Eastvale and Tracy

    E-commerce giant Amazon.com Inc. will open two new warehouses in California, bringing to nine the number of shipping facilities the company operates in the state. The sprawling warehouses -- which Amazon calls "fulfillment centers" -- will open in Eastvale in the Inland Empire and Tracy in the...

  • As energy prices fall, Shell to cut 2,200 jobs

    As energy prices fall, Shell to cut 2,200 jobs

    Anglo-Dutch oil company Royal Dutch Shell says it will trim at least 2,200 jobs globally amid challenging times in the oil industry.  The losses are in addition to cuts already being implemented because of the energy company's merger with BG. The losses will include some 475 positions in the North...

  • Obamacare is helping millions get needed healthcare, new survey finds

    Obamacare is helping millions get needed healthcare, new survey finds

    More than 60% of working-age Americans who signed up for Medicaid or a private health plan through the Affordable Care Act are getting healthcare they couldn’t previously get, a new nationwide survey indicates. And consumers are broadly satisfied with the new coverage, despite some cost challenges and...

  • Venture capital firm March Capital Partners debuts with $240-million fund

    Venture capital firm March Capital Partners debuts with $240-million fund

    It took nearly three years, but the four men behind Los Angeles’ newest venture capital firm say they have amassed more money for an initial fund than anyone before in Southern California. March Capital Partners pulled together $240 million from about 50 wealthy families, institutions and other...

  • Green Dot apologizes for card outage as CEO survives a bid to oust him

    Green Dot apologizes for card outage as CEO survives a bid to oust him

    Prepaid debit card issuer Green Dot Corp. acknowledged Tuesday that technical issues have kept many customers from using their cards, something the company denied last week. Customers, including many holders of Walmart-branded debit cards issued by Green Dot, took to social media last week to complain...

  • Toyota invests in Uber; Volkswagen backs Gett

    Toyota invests in Uber; Volkswagen backs Gett

    Toyota Motor Corp. announced Tuesday a partnership with Uber Technologies in which the Japanese automaker will invest an undisclosed sum in the ride-hailing company and establish a car-leasing option for Uber drivers. Through the partnership, the two companies will “explore collaboration ... in...

  • It could be a 'long time' before U.S. launches spy satellites on a reusable rocket

    It could be a 'long time' before U.S. launches spy satellites on a reusable rocket

    The commercial satellite market might be ready for a reusable rocket, but the U.S. government is taking a more cautious approach. The director of launch enterprise for the U.S. Air Force Space Command's Space and Missile Systems Center said Tuesday that it could be a "long time" before the government...

  • As apps make it easier to seek refunds, Amazon limits its reimbursement policy

    As apps make it easier to seek refunds, Amazon limits its reimbursement policy

    Many online retailers promise price protection to customers, but after making a purchase, few shoppers take the time to compare prices across the Web and file claims for partial refunds. So a handful of start-ups have built business models that involve doing that legwork and taking a cut of the...

  • Monsanto rejects $62-billion Bayer bid, but says it's still open to talks

    Monsanto rejects $62-billion Bayer bid, but says it's still open to talks

    Monsanto is rejecting Bayer's $62-billion takeover bid, calling it “incomplete and financially inadequate.  However, the seed company suggested Tuesday that a higher bid might be accepted, saying that it remains open to talks.  Monsanto Co. Chairman and Chief Executive Hugh Grant also said in a...

  • More young adults live with parents than partners, a first

    More young adults live with parents than partners, a first

    Many of America's young adults appear to be in no hurry to move out of their old bedrooms. For the first time on record, living with parents is now the most common arrangement for people ages 18 to 34, an analysis of census data by the Pew Research Center has found. Nearly one-third of millennials...

  • Volkswagen emissions scandal settlement is on track, judge says

    Volkswagen emissions scandal settlement is on track, judge says

    Volkswagen and attorneys for vehicle owners affected by the company's emissions cheating scandal are on target to meet a June deadline for a final settlement proposal, a federal judge said Tuesday.  Senior U.S. District Judge Charles Breyer said the parties have made substantial progress in reaching...

  • Photos and videos will no longer count against Twitter's 140-character limit

    Photos and videos will no longer count against Twitter's 140-character limit

    Get ready for slightly longer tweets and the ability to retweet yourself. Twitter Inc. said Tuesday that it was making a number of minor changes to its microblogging service over the next few months. Media -- including images, videos, polls and GIFs -- will no longer count against a tweet's 140-character...

  • Google's Paris office raided in tax fraud investigation

    Google's Paris office raided in tax fraud investigation

    French police have raided Google's Paris offices as part of an investigation into “aggravated tax fraud” and money laundering allegations, authorities said Tuesday. The raid is the latest regulatory headache for the American tech giant, which like other Silicon Valley firms faces increasing questions...

  • Stocks open higher on Wall Street

    Stocks open higher on Wall Street

    U.S. stocks were jumping Tuesday morning as rising interest rates give bank stocks a lift. Investors were also buying big-name technology companies. European indexes also climbed.  The Dow Jones industrial average rose 187 points, or 1.1%, to 17,679 as of 10:05 a.m. EDT. The Standard & Poor's 500...

  • Is billionaire Patrick Soon-Shiong Tribune Publishing's white knight?

    Is billionaire Patrick Soon-Shiong Tribune Publishing's white knight?

    Patrick Soon-Shiong has developed a reputation for big ideas. His boldest mission is to fix the healthcare system and turn cancer into a treatable condition using super computers, genomics and "big data." But it’s Soon-Shiong’s business acumen and adept skills as a negotiator that have made him...

  • Wells Fargo plans to launch mobile-wallet service

    Wells Fargo plans to launch mobile-wallet service

    The burgeoning mobile-payment industry that allows consumers to buy stuff in stores with their smartphones has been led by technology giants such as Apple Inc. and Alphabet Inc.’s Google. Now, Wells Fargo & Co. wants a piece of the action. The San Francisco-based bank is expected to announce Tuesday...

  • L.A. billionaire's investment could sink Gannett bid for L.A. Times owner

    L.A. billionaire's investment could sink Gannett bid for L.A. Times owner

    In the battle for control of Los Angeles Times parent Tribune Publishing, two health tech investors look to be the likely winners, while a massive newspaper company may walk away empty-handed. After a month of public sniping and acrimony, an unexpected $70.5-million investment from L.A. billionaire...

  • Facebook investigation reveals no evidence of bias against conservative topics, company says

    Facebook investigation reveals no evidence of bias against conservative topics, company says

    Facebook uncovered no evidence that it suppressed news about conservative issues in its "trending topics" feature, the social media firm wrote Monday in a letter to U.S. Senate Commerce Committee Chairman John Thune (R-S.D.). “Our data analysis indicated that conservative and liberal topics are...

  • What's driving vehicle sales in California?

    What's driving vehicle sales in California?

    The car industry's winning streak in California continues. For the first three months of this year, registrations for new cars sold exceeded 500,000, a 3.8% improvement over the first quarter of 2015, marking the 22nd consecutive year-over-year increase in quarterly registrations. The state is...

  • Google chat app Allo boasts strong encryption — if you turn it on

    Google chat app Allo boasts strong encryption — if you turn it on

    Google has announced a new messaging app with strong encryption, meaning that your communications can't be wiretapped. But there's a catch: You have to turn on that feature yourself. The tech titan's plan to launch Allo this summer without encryption by default has drawn withering criticism from...

  • Lyft plans to test a feature allowing users to schedule rides a day in advance

    Lyft plans to test a feature allowing users to schedule rides a day in advance

    Lyft is rolling out a new feature that's common among taxi and car services yet rare among app-based ride companies. The San Francisco firm announced Monday that it will soon roll out an advanced reservation feature that will let customers use the Lyft app to schedule a ride up to 24 hours before...

  • Who is Patrick Soon-Shiong, Tribune Publishing's new No. 2 shareholder?

    Who is Patrick Soon-Shiong, Tribune Publishing's new No. 2 shareholder?

    Patrick Soon-Shiong made his fortune through drug development. Now, he's the second-largest shareholder of newspaper group Tribune Publishing, supporting Chairman Michael Ferro in his campaign to ward off a buyout offer from Gannett Co. On Monday, Tribune Publishing, parent of the Los Angeles Times,...

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  • 5 tips to improve meeting efficiency and productivity

    5 tips to improve meeting efficiency and productivity

    Creating efficient work environments is a common goal among executives and office professionals alike. To keep everything running smoothly in the workplace, organization is essential. A new Post-it Brand Workplace study surveying 1,000 full-time office workers found that a consistent commonality...

  • 3 ways to celebrate Small Business Week 2016

    The bakery on the corner. The family-owned accounting firm down the street. The city's legendary cafe that's been around since the ‘50s. Small businesses nationwide prove the American dream is alive and well. In fact, more than half of Americans either own or work for a small business, according...

  • Small business SOS: Majority of small business owners want help tracking metrics (Infographic)

    The majority of small business owners want help tracking metrics and admit they don't measure and track as often as they should, according to a Staples survey. Learn more about what business owners said about tracking metrics and how a new app can help grow your business in the below infographic....

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