Los Angeles Times : Business (71)

The old-fashioned mail-order catalog is making a comeback

In one TV commercial from this year's Toys R Us holiday campaign, a mom sweats through her cycling workout while her suspiciously helpful daughter tries to stir up a breeze. I'm just gonna leave this right here,' the girl says, covering the stationary bike's display with her impromptu fan — an...

LAX is tops for flight delays during the Thanksgiving holiday

Los Angeles International Airport, the nation's second busiest airport, is expected to be No. 1 in an unfortunate category: the percentage of delayed flights during the long Thanksgiving travel crush. A study by Flightaware.com, a flight tracking website, concluded that LAX outranked all other...

Stocks slip ahead of Thanksgiving break

Stocks mostly slipped away from their latest record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks. The price of oil jumped on reports OPEC and a group of other countries might extend the cuts in ...

Here are the five officials who will decide the controversial changes to net neutrality rules

The head of the FCC on Wednesday released his detailed proposal to repeal net neutrality rules for online traffic, setting the stage for a vote next month. Here are the five commissioners who will decide the latest round of that battle at the FCC's Dec. 14 meeting.

California's ski season starts with good snowfall and higher lift prices

The snow is falling but lift ticket prices are rising at many California ski resorts. November storms have already dumped heaps of snow in the Sierra Nevada mountains, including around Lake Tahoe, allowing a few resorts to open. But enjoying that snow will cost winter sports enthusiasts more. The...

Fed discussions signal another interest rate hike is possible this year despite low inflation

Federal Reserve officials generally believe that it'll soon be time for another increase in the Fed's key interest rate. However, a few felt any further rate hikes should be delayed until they see inflation moving higher, minutes of their last meeting revealed. Minutes of the Fed's Oct. 31-Nov....

Trump administration, in a gift to telecom firms, is pulling the plug on net neutrality

Black Friday is still a couple of days away, but the Trump administration already has handed out gifts to the telecom industry. The Republican-controlled Federal Communications Commission on Wednesday took the wraps off its rollback of net neutrality rules, which it will finalize next month and...

Amazon goes brick-and-mortar for the holidays — and other retail trends

Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets.

Your Thanksgiving dinner is cheaper this year. Here's why

The cost of the Thanksgiving meal has gone down. Turkey's cheap, and so are some other key ingredients for your holiday dinner.

Possible return of a troubled healthcare model has California officials worried

Just a few decades ago, small businesses in California often banded together to buy health insurance on the premise that a bigger pool of enrollees would get them a better deal. California's dairy farmers did it; so did car dealers and accountants. But after a string of these association health...

Applications for U.S. unemployment benefits drop 13,000

The number of Americans filing applications for unemployment benefits fell for the first time in three weeks, pushing total applications down to a low 239,000, further evidence of the strength of the labor market. The NUMBERS: Applications dropped by 13,000 last week after rising by 13,000 the...

Win Black Friday with these shopping hacks

Use these hacks to guarantee yourself the Black Friday deals you want, whether you decide to shop from your couch or at the store.

Hackers stole the personal data of 57 million Uber passengers and drivers

Uber Technologies Inc. admitted Tuesday that hackers stole personal data belonging to 57 million customers and drivers — a fact it concealed for more than a year. The attack, which took place in October 2016, resulted in the worldwide theft of names, email addresses and phone numbers belonging...

U.S. faces tough battle proving AT&T would use Time Warner to squeeze competition

Nearly 70 years ago, a landmark antitrust lawsuit changed how Hollywood did business. That case — United States vs. Paramount Pictures — banned major movie studios from owning cinema chains because that gave them too much power. Now, the U.S. Department of Justice has sued AT&T in an attempt ...

Embattled former PUC chief Peevey resurfaces with a green energy book

Former California Public Utilities Commission President Michael Peevey talks about his new green energy book, his first public statement since the state began investigating whether he improperly influenced what consumers would pay for the San Onofre nuclear power plant shutdown.

Technology and healthcare stocks power market to new highs

The market's biggest winners this year, technology and healthcare, powered U.S. stock indexes to more all-time highs Tuesday. Huge technology companies like Apple and Facebook continued their ascent, while strong reports from companies including medical device maker Medtronic and construction and...

Net neutrality rules targeted for repeal by FCC chairman

The days are officially numbered for tough federal net neutrality regulations. The chairman of the Federal Communications Commission on Tuesday proposed repealing the rules for online traffic, setting the stage for a vote next month to roll back the controversial Obama-era initiative. The move...

Rock 'n' roll and slot machines replace bingo at the San Manuel Casino

The San Manuel Casino has traded in its bingo cards for something more electric. Bingo, once the primary revenue source for the San Manuel Band of Mission Indians in San Bernardino County, has been phased out at the casino, near Highland. What had been the nation's second-largest bingo hall is...

Americans are feeling richer these days, but they won't necessarily be spending more on gifts

Will shoppers really spend more this holiday season than they did last year? It depends on whom you ask. By most measures, Americans are feeling good about the economy. A monthly gauge of consumer confidence is at a 17-year high. The unemployment rate is at a 17-year low. The stock market ...

DreamWorks' Glendale campus sold to South Korean investors for $290 million

DreamWorks Animation's luxurious Tuscany-style campus in Glendale has sold for $290 million to a partnership led by South Korean investors. The animation company, acquired last year by Comcast Corp.'s NBCUniversal for $3.8 billion, will continue to occupy the 15-acre property dotted with ...

#shopsmall at these local businesses during Small Business Saturday on Nov. 25

Shop small and support the community at the annual Small Business Saturday

Best-laid plans to give chickens room to run are shelved with USDA organics rule

Strolling through a flock of free-roaming rust-colored hens, Christopher Nichols admits that no one truly knows whether his chickens are happier because they can strut around and wander outside. But consumers are happier, and that matters a lot to the third-generation egg farmer and a slew of ...

Investors mostly shrug off suit to block AT&T, Time Warner deal

Investors on Tuesday appeared to shrug off the Justice Department's suit to block AT&T Inc.'s purchase of Time Warner Inc. AT&T stock was down slightly in early trading on Wall Street. Time Warner shares were up about 1%. AT&T has proposed to acquire Time Warner for $85 billion in one of the ...

California shows its Obamacare support by outspending U.S. 4-to-1 on ads

The marketing blitz is on. Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year's open-enrollment season. Covered California, the state's Obamacare exchange,...

Ikea relaunches dresser recall after death of eighth child

Ikea relaunched a recall of 29 million chests and dressers Tuesday after the death of an eighth child. Chief Executive Lars Petersson said Ikea wants to increase awareness of the recall campaign for several types of chest and dressers that can easily tip over if not properly anchored to a wall....

Trump likely to pick ex-lawmaker to head consumer agency

President Trump is widely expected to name Mick Mulvaney, who currently serves as head of the White House Office of Management and Budget, as interim director of the Consumer Financial Protection Bureau. If so, Trump would be picking someone with no background whatsoever in consumer protection,...

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

Marvell Technology has bid about $6 billion for Cavium in a cash-and-stock deal that would create a chip maker to compete with Intel and other giants in the industry. The potential deal extends a long-running consolidation for computer chip producers that are trying to grow so that they can ...

Disneyland stops selling its Southern California annual pass, but it may come back someday

To help manage crowds at the Disneyland Resort in Anaheim, the theme park has temporarily halted new sales of its Southern California annual pass, one of its least expensive passes for locals. Beginning on Monday, the theme park stopped selling new passes for residents of Southern California, ...

Stocks close higher on gains by tech, banking sectors even as drug makers struggle

U.S. stocks rose Monday despite drugmaker struggles, as a mix of smaller, U.S.-focused companies, technology firms and banks performed well. Retailers and smaller companies rose for the third day in a row as their latest quarterly reports have investors feeling better about the U.S. economy and...

Satellite on the fritz? Aerospace companies are building a geek squad of space robots

Hundreds of millions of dollars can go into the school bus-sized satellites that blast into orbit above Earth and provide services including broadband internet, broadcasting or military surveillance. But if a part breaks or a satellite runs out of fuel, there's no way to send help. Commercial ...

Auto-safety group petitions government to force recall of Chrysler minivans

An auto safety group is asking the government for a recall of Chrysler Pacifica minivans over complaints that the engines can stall without warning. The Center for Auto Safety petitioned the National Highway Traffic Safety Administration on Monday, asking for an investigation and a recall of ...

Having problems with your hospital care? Speak up!

My dad was in excruciating pain over Labor Day weekend, so my mom rushed him to the emergency room of a renowned university hospital. Doctors determined that he needed surgery that night, and luckily I was able to fly in and see him before he was wheeled away. Take care of your mom if anything...

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 ...

California Inc.: The roads should be clear this holiday weekend

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. Good times in the Golden State: We learned Friday that California added 31,700 net jobs...

How to figure out the right time for retirement

Dear Liz: I hear so much talk about waiting to collect Social Security. What are good reasons to start collecting Social Security at age 62? I recently retired from the military with a monthly retirement of $4,400. I plan to work a civilian job until I'm 62 . I'm in fairly good...

Trump administration updates demands as NAFTA talks continue

President Trump's top trade official has issued new objectives for renegotiating the North American Free Trade Agreement — including some likely to irk Canada and Mexico, as well as the U.S. recording industry and other major business interests, as talks continue this weekend. There are few ...

An HOA needs an attorney retainer agreement, but a good one requires negotiation

Question: Every year, the board automatically renews the association attorney's retainer agreement and deposit. Without reading it the directors sign and send him a check for $60,000. This year, I spoke up and told my fellow board members that we should not make the deposit and not sign the ...

Spirit Airlines turns to Disney to improve its customer service

Spirit Airlines, the ultra-low-cost carrier from Florida, has reported some of the biggest profit margins of any airline in the country because of its practice of charging passenger fees for a long menu of basic services. But the airline also has had the highest rate of complaints by passengers...

Christmas arrives at Hogwarts Castle, and so has all that new Harry Potter merchandise

The Wizarding World of Harry Potter at Universal Studios Hollywood is adding a holiday light show that splashes images of falling snow, flying owls and wizards on broomsticks on the 200-foot Hogwarts Castle. The new show, the first Christmas celebration at the Harry Potter land, is free with ...

California's jobless rate fell below 5% in October as employers added 31,700 jobs

California added 31,700 net new jobs in October.

Alaska Airlines cites Trump policy change in ending service to Cuba from L.A.

Alaska Airlines cited new travel restrictions imposed by the Trump administration as the main reason the carrier plans to end service from Los Angeles to Cuba. Alaska began its daily Los Angeles-to-Havana flights Jan. 5 and plans to fly the last plane to the island nation Jan. 22, 2018, the ...

Retailer stocks rise again, but tech leads other stocks lower

Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to Thursday's gains. A slew of retailers — including discount chain Ross Stores, shoe store Foot Locker and ...

Stitch Fix IPO: The online styling service's stock jumps, then sags

Shares of Stitch Fix Inc., an online clothing styling service, initially jumped in its stock market debut Friday but then lost most of its gains as the day continued. And the company sold fewer shares and at a lower price than it previously expected, a sign of weak demand for its initial public...

Health giant Sutter destroyed evidence in crucial antitrust case over high prices, judge says

Sutter Health intentionally destroyed 192 boxes of documents that employers and labor unions were seeking in a lawsuit that accuses the giant Northern California health system of abusing its market power and charging inflated prices, according to a state judge. In a ruling this week, San ...

Alton Butler's Line 204 is cashing in on his Hollywood dream

Alton Butler II went from playing football to nightclub dancing to acting in low-budget productions before he found success supplying Hollywood. Now he runs Line 204, which rents out studio space and all the equipment and props needed to make a movie.

Employers don't think bans on asking about salary history will achieve goal, survey says

California recently became one of eight states, cities or localities to pass legislation banning all employers from asking one particularly awkward question of prospective workers: How much did you make in your last job? Yet companies apparently aren't convinced the laws will work as intended. ...

U.S. home construction reaches strongest pace in a year, but falls in the West

Construction of new homes in the United States climbed 13.7% in October, the biggest jump in a year, as builders broke ground on more apartments and single-family houses. But the increase wasn't spread nationwide: Construction declined in the West. The Commerce Department said Friday that the ...

Stocks slip as tech shares decline, Williams-Sonoma drops and Foot Locker soars

Stocks are opening slightly lower on Wall Street as the market pulls back after a big gain the day before. Technology stocks, which rose sharply a day earlier and still lead the market overall this year, fell the most. Banks were also lower. Williams-Sonoma dropped 12% after issuing a weak ...

House tax plan would mean higher borrowing costs for hospitals, schools, affordable housing

Hospitals, university buildings and affordable housing projects could become markedly more expensive to develop if the tax plan approved Thursday by the Republican-controlled House of Representatives becomes law. The plan calls for eliminating a tax break on a type of bond financing used to build...

Could Time become the Koch Brothers' next big political play?

Glance at the celebrity gossip in People or the swimsuit issue of Sports Illustrated, and it's not likely the billionaire Koch brothers come to mind. But the two conservative moguls could put their stamp on the two marquee publications and, more significantly, wield control over the newsweekly...