Blog Profile / LA Times: Business


URL :http://www.latimes.com/business/
Filed Under:Business & Finance
Posts on Regator:933
Posts / Week:39.3
Archived Since:September 14, 2016

Blog Post Archive

Southern California home prices, sales rise in January amid post-election rush

Southern California home prices and sales jumped in January from a year earlier, a sign buyers rushed to purchase a home as mortgage rates rose following the presidential election. Sales in the six-county region rose 5.4% to reach the highest level for a January in four years, real estate data...

Attorneys: 5 automakers knew Takata air bags were dangerous

Attorneys for people suing air bag maker Takata and five automakers say the car companies knew that Takata's products were dangerous yet continued to use them for years because they were inexpensive.  The allegations against Honda, Toyota, Nissan, Ford and BMW were made in a court filing Monday...

Oscars mistake could prove a major blow to PricewaterhouseCoopers' reputation

For 82 years, accounting and consulting firm formerly known as  PricewaterhouseCoopers has enjoyed a reputational boon from handling the balloting process at the Academy Awards.  Now its hard-won image as a dependable partner is under threat.  The company, now called PwC, was responsible for a...

Stocks open lower on Wall Street

Stocks opened slightly lower on Wall Street on Monday, following 11 straight gains for the Dow Jones industrial average.  Utilities posted some of the biggest losses in early trading. Power company AES fell 5% after its full-year profit forecast disappointed investors.  Several energy companies...

Durable goods orders jump 1.8% due to demand for military, commercial aircraft

U.S. businesses in January boosted their orders for long-lasting manufactured goods by the largest amount in three months, but a key category that tracks business investment plans slipped.  Orders for durable goods rose 1.8% in January after two months of declines, the Commerce Department said...

California Inc.: A new era is ready for takeoff at LAX

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. Trading resumes Monday with dark clouds over the retail sector. J.C. Penney said Friday...

Her brand helps others brand themselves: The design maven who helped name TiVo and Kindle

The gig: Karin Hibma, 65, is co-founder and principal of brand-strategy consulting firm Cronan, based in Berkeley, and is best known for coming up with the names for TiVo and Amazon’s Kindle. Cronan has done work for Apple, Levi Strauss, Estee Lauder and many others. Hibma and her team plumb a...

United and American Airlines to board basic economy passengers last

To better complete with ultra low-cost carriers, United and American Airlines this week began selling their new “basic economy” seats, a bare-bones fare with almost no extras included. Not only will the airlines allow no cancellations, upgrades or refunds for basic economy passengers, but the carriers...

Are the president's policies hurting the Trump hotels?

Since President Trump took office, controversy over some of his policies has triggered noisy protests and rallies in front of hotels emblazoned with the Trump name. It is uncertain if the rallies and protests have hurt business at Trump hotels but online travel sites that book Trump hotels have...

Can an HOA palm off responsibility for maintaining common-area greenery?

Question: We own a detached single-family home in a common interest development and are in a difficult situation with the board.  Our water bills have been going way up over the years and we just discovered that the association’s shrubs outside our property walls are being watered from our home...

4 credit card trends for 2017 and what they mean for you

In 2016, high-end credit cards attracted a lot of attention with generous rewards and perks. But this year, issuers are going back to basics — and perhaps charging you more in the process. Here are four credit card industry trends taking shape for 2017. 1. More bread-and-butter rewards Instead...

The luxury housing that Measure S would stop doesn’t actually require many evictions

Eve Hars, undergoing chemotherapy for Stage 3 breast cancer, was facing eviction. A developer had purchased her rent-controlled Echo Park bungalow to level it and build new housing. Hars recounted her story in a recent campaign ad paid for by supporters of Measure S, the March 7 ballot measure...

Lockheed will move 650 missile jobs away from Sunnyvale

Lockheed Martin will move 650 jobs in the legendary Trident missile program from Sunnyvale, Calif., to other states, the defense contractor said Thursday. The affected employees work for the Fleet Ballistic Missile Program, which designs and engineers nuclear missiles for the nation's submarine...

U.S. stocks open lower as investors look for safer bets

U.S. stocks fell Friday morning as investors again were looking for safer places to put their money. Shares in business technology company Hewlett Packard Enterprises dropped after it announced weak sales. Bond prices were falling and yields rising. That sent interest rates lower, which hurt banks....

See a layoff through, or see yourself out?

Question: My company has decided to close several of our branch offices this year. I'm an IT manager; my job and half of my team's jobs will be eliminated when our office closes in the fall. We've been offered severance, and some folks have been offered retention bonuses to stay until the bitter...

J.C. Penney to close 130 to 140 stores and offer early retirement to 6,000 workers

J.C. Penney said Friday that it will be closing 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. The closures represent 13% to 14% of the department store operator's current store count, and less...

Your privacy: Verizon's takeover of Yahoo is all about user data

Verizon Communications and Yahoo have come to terms on the telecom giant’s takeover of the seen-better-days Internet company. Now, millions of Yahoo users have something else to consider: Verizon’s aggressive use of customer information. Put simply, if you think Yahoo played fast and loose with...

Big new convention center hotel proposed for downtown L.A.

A towering 1,024-room hotel will rise next to the Los Angeles Convention Center a few years from now if developer TriCal Construction Inc. gets its way. TriCal filed a development application with city officials Thursday to build a 53-story skyscraper across Figueroa Street from the convention...

Factory CEOs tell Trump: Jobs exist, skilled applicants don't

President Trump brought two dozen chief executives of manufacturing companies to the White House on Thursday and declared their collective commitment to restoring factory jobs lost to foreign competition. Yet some of the CEOs suggested that there were still plenty of openings for U.S. factory jobs...

Beauty companies hustle to keep up with faster trends

When reality TV star Kylie Jenner introduced her first cosmetics products to the Internet in late 2015, the Kylie Lip Kits — matte liquid lipstick and lip liner combos — sold out in minutes. Competing brands were paying attention. Companies quickly started promoting their own matte lipsticks as...

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