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  • What investment managers are saying about 'Brexit'

    What investment managers are saying about 'Brexit'

    To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren’t about how much stocks have climbed or fallen, but about teamwork – whether players in the economy are working together. “Bull markets are about cooperation,” Gundlach, chief executive of downtown L.A. money manager...

  • You could be paid to post Snapchat photos and videos, patent filing suggests

    You could be paid to post Snapchat photos and videos, patent filing suggests

    Snapchat Inc. could begin paying users to post photos and videos, according to patent filings that reveal another way for the company to push the bounds of social media advertising. Through its popular Live Stories feature, the Venice firm produces highlight reels of events across the world made...

  • Uber is making surge pricing more transparent — but a little less obvious

    Uber is making surge pricing more transparent — but a little less obvious

    Many an Uber passenger has been shocked by the cost of a ride as a result of the company’s controversial surge-pricing policy.  That might change under a new “no surprises” approach to fares that the ride-hailing giant announced Friday. Uber isn’t doing away with surge pricing – its strategy of raising fares...

  • Stock market plunges, but 'Brexit' unlikely to spark a U.S. recession

    Stock market plunges, but 'Brexit' unlikely to spark a U.S. recession

    The Dow Jones industrial average plummeted 610 points, or about 3.4%, on Friday as global stock, currency and other markets convulsed in response to Britain’s surprising vote to leave the European Union. The so-called Brexit shouldn’t lead to a recession in the U.S., experts said. Still, the turmoil...

  • In Silicon Valley, Obama says young start-up executives are the antidote to a global divide

    In Silicon Valley, Obama says young start-up executives are the antidote to a global divide

    As global markets recoiled from Britain’s decision to leave the European Union, President Obama told a group of budding entrepreneurs that it was their job to bring the world closer together. Speaking to crowd of nearly 2,000 entrepreneurs, investors and reporters at the Global Entrepreneurship...

  • Faraday Future driverless cars to hit California highways

    Faraday Future driverless cars to hit California highways

    Faraday Future said it will test driverless cars on California highways, having secured permission from the state. Whether early tests deploy prototypes that look more like Google car-pods than the exotic, aggressive specimens shown in photos of Faraday concept cars is yet uncertain. The former...

  • Three reasons why Americans should care about 'Brexit'

    Three reasons why Americans should care about 'Brexit'

    What Britain does, or doesn’t do, might not seem relevant to investors and consumers on this side of the Atlantic. But just like a Cadbury Creme Egg, there is more than meets the eye about Thursday’s historic vote to leave the European Union. The vote to exit the 28-nation EU bloc is a move that...

  • 'Brexit' means traveling to the U.K. will likely be much cheaper this summer

    'Brexit' means traveling to the U.K. will likely be much cheaper this summer

    Demand for travel was already strong in the U.S., and the vote by the U.K. to leave the European Union will make it cheaper for Americans to visit their British cousins across the pond. The exit of the United Kingdom from the 28-nation union has pushed the value of the British pound down relative...

  • Zombies and other attractions come to life this summer

    Zombies and other attractions come to life this summer

    Playing dead is not as easy as it sounds. That was demonstrated when about 20 actors, hired to play zombies for a new Universal Studios Hollywood attraction, attended a zombie boot camp taught by Greg Nicotero, executive producer and frequent director of the AMC television series “The Walking Dead.”...

  • Asian, European markets drop on news of Britain's EU exit

    Asian, European markets drop on news of Britain's EU exit

    International markets reeled on Friday as Britain voted to leave the European Union in a shock referendum result, with the value of the pound falling to its lowest level against the U.S. dollar since 1985. As of early Friday morning in Britain, 52% of British voters had chosen to leave the EU and...

  • Cutting healthcare costs shouldn't be this painful

    Cutting healthcare costs shouldn't be this painful

    When my son was circumcised, Sade’s “Love Is Stronger Than Pride” was playing on a radio at the hospital. The pediatrician glanced over at me and said, “Some day, he’ll hear that song and won’t know why it makes him uncomfortable.” Snip. I recalled this experience while speaking the other day with...

  • Chinese developer teams up on big North Hollywood mixed-use project

    Chinese developer teams up on big North Hollywood mixed-use project

    A joint venture that includes a prominent Chinese developer is looking to redevelop nearly 16 acres surrounding the North Hollywood Red Line station, an ambitious plan that could include retail shops, offices and more than 1,000 residential units. The project, a public-private partnership with...

  • Judge approves Lyft’s $27-million class-action settlement with drivers

    Judge approves Lyft’s $27-million class-action settlement with drivers

    Ride-hailing company Lyft is one step closer to settling a class-action lawsuit from drivers who want to be treated as employees after U.S. District Judge Vince Chhabria in San Francisco granted preliminary approval to a $27-million settlement. The sign off comes after Chhabria rejected an initial...

  • Uber partners with Hertz to expand short-term car rental program

    Uber partners with Hertz to expand short-term car rental program

    Uber Technologies partnered this week with Hertz, one of the world’s largest car rental companies, to offer short-term auto rentals to ride-hailing drivers -- a move intended to court new drivers and keep current ones on the road. The partnership, which launches in Los Angeles and will be rolled...

  • Costco's launch of new Citi Visa card leaves angry customers on hold

    Costco's launch of new Citi Visa card leaves angry customers on hold

    The much-anticipated launch of Costco’s new Visa-branded credit card turned into something of a nightmare for Costco, many of the company’s customers and Citi, the issuer of the new card. Some customers complained that they hadn’t received their new cards by the time Costco switched from American...

  • Nation's largest banks all pass Federal Reserve 'stress tests'

    Nation's largest banks all pass Federal Reserve 'stress tests'

    The U.S.’ largest financial institutions have enough armor to withstand the turmoil of a major and prolonged U.S. and global recession, the Federal Reserve said Thursday. The annual “stress tests” show that the 33 largest financial institutions, including JPMorgan Chase, Citigroup, Bank of America...

  • Boeing applies for license to launch proposed satellite constellation

    Boeing applies for license to launch proposed satellite constellation

    Boeing Co. has applied for a license from the Federal Communications Commission to launch and operate a network of thousands of satellites, joining companies such as SpaceX and OneWeb in the new race to build constellations for broadband Internet access. In its application filed Wednesday, Boeing...

  • Your cable company may be overbilling for millions of dollars each year

    Your cable company may be overbilling for millions of dollars each year

    Sick and tired of dealing with your cable company? You’re not alone. Some top members of Congress are with you — and they’re calling out the industry in a blistering new report finding that tens of thousands of Americans are being overcharged for their service and may not even know it. The report,...

  • VW settlement would give car owners up to $7,000 each, sources say

    VW settlement would give car owners up to $7,000 each, sources say

    Volkswagen has agreed to take a series of steps costing about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the U.S., two people briefed on the matter said Thursday. Most of the money would go to compensate 482,000 owners of cars with 2-liter diesel...

  • SunEdison CEO resigns amid bankruptcy

    SunEdison CEO resigns amid bankruptcy

    After months of turmoil at SunEdison Inc., during which the big developer of renewable energy projects, once a Wall Street darling, plunged into bankruptcy, Chief Executive Ahmad Chatila has resigned. Chatila stepped down Wednesday and was succeeded by John Dubel, SunEdison’s chief restructuring...

  • BitTorrent adds another wrinkle to its file-sharing platform

    BitTorrent adds another wrinkle to its file-sharing platform

    BitTorrent Inc., the San Francisco developer of the world’s most popular tool for online piracy, has been trying for years to persuade studios, labels and other content owners to put torrent-sharing technology to legitimate use. To that end, it rolled out BitTorrent Bundles in mid-2013, a format...

  • Upfront Ventures draws VR, software investor Kobie Fuller from Silicon Valley

    Upfront Ventures draws VR, software investor Kobie Fuller from Silicon Valley

    Los Angeles’ largest venture capital fund has poached an investor from Silicon Valley with expertise in a pair of hot sectors locally: marketing software and virtual reality technology. Upfront Ventures announced Thursday that Kobie Fuller plans to move with his family to Los Angeles and join the...

  • Kaiser Permanente nurses are preparing to strike over wages and staffing

    Kaiser Permanente nurses are preparing to strike over wages and staffing

    About 1,300 nurses at Kaiser Permanente’s Los Angeles Medical Center are set to begin a four-day strike Thursday. The nurses, members of the California Nurses Assn. and National Nurses United, are seeking a contract to improve staffing levels, wages and patient care. The nurses contend that inadequate...

  • O.C. money manager bilked Mark Sanchez and Jake Peavy out of millions, SEC alleges

    O.C. money manager bilked Mark Sanchez and Jake Peavy out of millions, SEC alleges

    Three pro athletes, including Denver Broncos quarterback and USC alumnus Mark Sanchez, lost tens of millions of dollars in an investment scheme run by an Orange County money manager, according to a civil fraud case filed by the federal Securities and Exchange Commission. Sanchez, San Francisco...

  • Pieology acquires rival Project Pie

    Pieology Pizzeria, the design-it-yourself pizza joint, has gobbled up rival chain Project Pie for an undisclosed sum, the Rancho Santa Margarita-based company said Wednesday. Pieology has more than 100 locations in the United States and one in Guam, while Project Pie has about 30 restaurants in...

  • Fiat Chrysler speeds up gear-shifter recall after Anton Yelchin's death

    Fiat Chrysler speeds up gear-shifter recall after Anton Yelchin's death

    Fiat Chrysler is speeding up a recall of 1.1 million vehicles with confusing gear shifters like one in the SUV that crushed and killed “Star Trek” actor Anton Yelchin. Yelchin, 27, known for playing Chekov in the rebooted film series, died Sunday after his 2015 Jeep Grand Cherokee pinned him against...

  • SpaceX soon could be charged more to bring its reusable rockets back to land

    SpaceX soon could be charged more to bring its reusable rockets back to land

    The Canaveral Port Authority in Florida may start charging SpaceX higher fees to dock the reusable rocket boosters that the aerospace company has been launching at Cape Canaveral Air Force Station, landing at sea and then hauling to shore.  Port authority officials had planned to consider the measure...

  • Stocks slip as energy and tech companies struggle

    Stocks slip as energy and tech companies struggle

    U .S. stocks finished lower Wednesday as energy companies sank with the price of oil and weak quarterly reports weighed down technology companies. After two up days, stocks rose in the morning but couldn't hang on to the gains. Energy companies fell after U.S. energy stockpiles shrank by a smaller...

  • Boeing partners with MemorialCare to offer healthcare direct to workers

    Boeing partners with MemorialCare to offer healthcare direct to workers

    Aerospace giant Boeing Co. has established a preferred partnership with MemorialCare Health System to offer most of its Southern California employees a health plan option that eliminates much of the role of a traditional insurer. Starting in January, Boeing employees who choose the MemorialCare...

  • Elon Musk calls Tesla's bid for SolarCity a 'no-brainer,' but Tesla stock dives

    Elon Musk calls Tesla's bid for SolarCity a 'no-brainer,' but Tesla stock dives

    Tesla stock plunged Wednesday, effectively devaluing the Elon Musk-led company’s currency and casting doubts on its plan to buy SolarCity. Tesla Motors Inc., the electric car maker, offered Tuesday to buy rooftop solar provider SolarCity Corp., another company that heavily involves Musk, in a stock...

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  • Business owners quest for 'me time' (Infographic)

    A new survey reveals that more than two-thirds of small business owners think taking a personal vacation ultimately benefits their business. However, despite knowing the importance and benefits of unplugging completely from work, only 25 percent of SBOs are able to do so. While they seldom rest,...

  • 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...

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