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  • Hackers have stolen about 14% of big digital currencies

    Hackers have stolen about 14% of big digital currencies

    Digital currencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers have stolen $1.2 billion worth of bitcoin and rival currency ether, according to Lex...

  • Amazon has a plan to become profitable. It's called advertising

    Amazon has a plan to become profitable. It's called advertising

    For more than two decades, Amazon.com Inc. chief Jeff Bezos has famously sacrificed profit for growth, convincing Wall Street that his company’s interests were best served by pouring money into the logistical nuts and bolts that have turned Amazon into the Wal-Mart of the web. More recently, investors...

  • California Inc.: State hopes for a fourth straight month of job gains

    California Inc.: State hopes for a fourth straight month of job gains

    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. The U.S. stock market is closed Monday for Martin Luther King Jr. Day. When trading resumes...

  • As firms bring back cash to the U.S., some see a fresh wave of mergers

    As firms bring back cash to the U.S., some see a fresh wave of mergers

    In late 2015, Apple Inc. Chief Executive Tim Cook was asked why the technology giant continued to leave a mountain of cash overseas rather than return it to the United States. “I’d love to bring it home,” Cook said of the cash hoard, which now totals a staggering $265 billion, in an interview aired...

  • Employers want workers to recognize and act when colleagues are having a crisis

    Employers want workers to recognize and act when colleagues are having a crisis

    In a glass conference room in midtown Manhattan, a few dozen employees from Beacon Health Options are taking turns asking each other an incredibly awkward question: “Are you having thoughts of suicide?” There’s a right way to ask and a wrong way, and they’re here to learn the difference. The exercise...

  • Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

    Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

    The GOP tax overhaul saved Wells Fargo & Co. more than $3 billion in the fourth quarter, but the bank also set aside more than $3 billion to cover costs related to ongoing problems with its consumer businesses, the company reported Friday. In its earnings release for the fourth quarter and full...

  • Jeff Bezos gives 'Dreamers' $33 million to pay for college

    Jeff Bezos gives 'Dreamers' $33 million to pay for college

    ​​​​Amazon founder Jeff Bezos and his wife, MacKenzie Bezos, donated $33 million to fund 1,000 scholarships for Dreamers, immigrants who were brought to the United States illegally as children. The money will go to TheDream.US, the largest scholarship program for Dreamers. Each student receives...

  • Stocks keep jumping, led by retailers

    Stocks keep jumping, led by retailers

    Rising retailers pushed U.S. stock indexes further into record territory Friday, as the market's fabulous start to 2018 carried through its second week. Interest rates also climbed after a report showed that a key component of inflation accelerated last month. But stocks absorbed the gains without...

  • Once-soaring Mexican discount airline Interjet is now in a stall

    Once-soaring Mexican discount airline Interjet is now in a stall

    In cavernous jet hangars in and around Mexico City, Interjet has a secret. Four of the Mexican airline’s Sukhoi Superjet 100s — out of a fleet of 22 — have been grounded for at least five months because of engine maintenance delays. The Russian-made aircraft, which average just 4 years old, are...

  • FAA gives Alaska Airlines certificate to complete consolidation with Virgin America

    FAA gives Alaska Airlines certificate to complete consolidation with Virgin America

    The slow disappearing act of Virgin America has completed a crucial step: the Federal Aviation Administration has issued a license that allows Virgin America and Alaska Airlines to operate as one. The “single operating certificate,” issued Thursday, sets the stage for Alaska Air Group to finish...

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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....

  • Small businesses have struggled to find funding: Not anymore

    Small businesses have struggled to find funding: Not anymore

    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, 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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