Sprint Corporation

California Inc.: At long last, paychecks may be going up

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.

Let the post-Christmas sales begin. Retailers will be pulling out the stops this week to squeeze a last surge of purchases from deal-seeking shoppers. We found out last week that consumer spending rose 0.3% in...