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Marvell Technology buying chip maker Cavium in $6-billion deal

Marvell Technology is buying fellow chip maker Cavium in a cash-and-stock deal valued at approximately $6 billion. The deal announced Monday could create a rival to Intel and other major computer chip producers. Cavium shareholders will receive $40 per share and 2.1757 Marvell common shares for...

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  • LAX is adding 14 automated screening lines at its international terminal

    LAX is adding 14 automated screening lines at its international terminal

    Travelers headed out of Los Angeles International Airport to other countries may find security screening lines moving a bit faster this holiday season because of a new system for moving bins of personal items to the X-ray machines. LAX officials plan a Friday debut for five “automated screening...

  • Phone companies get new tools to block spam calls

    Phone companies get new tools to block spam calls

    Phone companies will have greater authority to block unwanted calls from reaching customers, since regulators adopted new rules to combat automated messages known as robocalls. Rules adopted Thursday by the Federal Communications Commission represent the latest tools against robocalls, which pester...

  • Mattel stock jumps more than 20% after a report of Hasbro's takeover offer

    Mattel stock jumps more than 20% after a report of Hasbro's takeover offer

    Mattel Inc. stock soared more than 20% on Monday after a report that rival Hasbro Inc. made a takeover offer for the El Segundo toy maker. The Wall Street Journal first reported the takeover offer Friday, citing unnamed sources. It said that terms of the possible deal were not available and that...

  • Senate Republicans must still figure out how to eliminate tax bill's deficit after 10 years

    Senate Republicans must still figure out how to eliminate tax bill's deficit after 10 years

    As Republicans race to enact a tax overhaul this year, most of the focus as been on the affects of the cuts and other proposed changes over the next decade. But as the action starts shifting to the Senate this week, the biggest hurdle to passing a tax bill could be what happens in year 11.

  • Space start-up Xcor Aerospace fails to find a backer, files for bankruptcy

    Space start-up Xcor Aerospace fails to find a backer, files for bankruptcy

    Once a darling of the Mojave aerospace start-up scene, space plane builder Xcor Aerospace has filed for Chapter 7 bankruptcy. A court document filed last week with the U.S. Bankruptcy Court for the Eastern District of California says the company has more than 100 creditors and assets estimated...

  • The fastest-growing jobs in America pay about $22,000 a year

    The fastest-growing jobs in America pay about $22,000 a year

    The largest two categories of America's fastest-growing jobs offer some of the country's lowest wages and weakest benefits. Over the next 10 years, analysts expect to see 1.2 million more jobs for home health aides and personal care aides, according to a recent report from the Bureau of Labor Statistics....

  • Retailers' wish lists feature early holiday shopping

    Retailers' wish lists feature early holiday shopping

    Most consumers haven’t bought their Thanksgiving turkey yet, but it’s already the holiday shopping season in the minds of many retailers. Walmart Stores Inc., Target Corp. and others are aggressively advertising holiday specials online and in stores to get a jump on the spending spree that remains...

  • Hasbro reportedly makes a takeover bid for struggling rival Mattel

    Hasbro reportedly makes a takeover bid for struggling rival Mattel

    Hasbro Inc. reportedly made an offer to buy beleaguered rival Mattel Inc., the latest chapter in the long-running speculation that the two major U.S. toy makers would join forces. Hasbro approached El Segundo-based Mattel recently with a takeover offer but terms of the proposal were not available,...

  • Queen Mary's new ghost tour adds high-tech special effects

    Queen Mary's new ghost tour adds high-tech special effects

    The Queen Mary, a retired ocean liner that has become a floating hotel in the Long Beach harbor, has turned to the type of special effects made famous in Hollywood to try to boost visitor numbers. For more than 15 years, the ship has offered a ghost tour — dubbed the Ghosts and Legends Tour — to...

  • Stocks slip, breaking eight-week win streak

    Stocks slip, breaking eight-week win streak

    Stocks fell Friday for the second day in a row, which hadn't happened in a month, as Amazon put a scare into yet another industry: medical device and healthcare equipment companies. Those companies slumped after an analyst for Citi Investment Research said Amazon might be on the verge of shaking...

  • California bans use of some farming pesticides near schools on weekdays

    California bans use of some farming pesticides near schools on weekdays

    California will restrict farmers’ use of certain pesticides near schools and day-care centers under a new rule announced this week that regulators said is among the toughest in the U.S. Under the new rule, California farmers will be prohibited from spraying pesticides within a quarter of a mile...

  • Here are the 5 major differences between the House and Senate versions of the GOP tax plan

    Here are the 5 major differences between the House and Senate versions of the GOP tax plan

    Republicans repeatedly have noted that it’s been more than 30 years since Congress enacted a major tax overhaul, and this week they unintentionally demonstrated why. As a House committee passed a tax bill Thursday, Republicans on a Senate panel unveiled their own legislation with key differences.

  • Equifax executives won't get 2017 bonuses

    Equifax executives won't get 2017 bonuses

    Equifax apologized again Friday for its massive data breach and touted plans to build a new credit monitoring tool to give people more control over their data. During an earnings call, Chief Executive Paulino do Rego Barros Jr. outlined plans to rebuild trust after saying that the credit reporting...

  • Business travelers return to Las Vegas in the wake of mass shooting, resort operators say

    Business travelers return to Las Vegas in the wake of mass shooting, resort operators say

    Las Vegas’ convention and meeting business seems to be rebounding following a mass shooting in the city on Oct. 1, according to operators of two of the city’s biggest casinos and resorts. The city is one of the nation’s most popular spots to hold conventions, trade shows and business meetings,...

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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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