Blog Profile / LA Times: Business


URL :http://www.latimes.com/business/
Filed Under:Business & Finance
Posts on Regator:2261
Posts / Week:42.5
Archived Since:September 14, 2016

Blog Post Archive

Stocks mostly flat as investors await Federal Reserve news

Stocks are nearly flat in early trading on Wall Street as investors wait to hear from the Federal Reserve. Energy stocks were rising along with the price of crude oil early Wednesday. ConocoPhillips gained 1.3%. Bed Bath and Beyond plunged 17% after reporting earnings and sales that missed analysts'...

Redondo Beach halts mixed-use developments for 10 months amid residents' backlash

The Redondo Beach City Council has placed a nearly one-year moratorium on mixed-use development, a move that comes amid a statewide housing shortage driving up rents and home prices. The 10-month ban, which passed unanimously Tuesday evening, puts a brake on projects that combine retail and office...

White House, Republican leaders join new push for Obamacare repeal as bipartisan effort falters

President Trump and Republican leaders have joined a revived push to roll back the Affordable Care Act as lawmakers faced a critical deadline next week and efforts to reach a bipartisan compromise appeared to collapse. But it was still unclear Tuesday evening whether Trump and his Senate allies...

Airlines pocketed $44.6 billion in passenger fees, frequent flier revenues and commissions in 2016

The world’s biggest airlines collected an estimated $44.6 billion in passenger fees and commissions last year, with some low-cost airlines generating nearly half of their total revenue from charges for bags, food entertainment and other extras. Airlines around the world are making more and more...

Don't expect a big raise next year, survey says

About that pay raise next year: Don’t expect much of a bump in salary, and bonuses may be hard to come by as well, except for those perceived as high performers by their corporate overlords. Salary increases are expected to be nearly flat next year at 3%, up slightly from 2.9% in 2017, according...

Employer health insurance premiums show a small rise, less than the increase for Obamacare plans

Family health insurance premiums rose an average of 3% this year for people getting coverage through their jobs, the sixth consecutive year of small increases, according to a study released Tuesday. The average total cost of family premiums was $18,764 for 2017, according to a survey of employers...

Despite Equifax hack, GOP lawmakers want to deregulate credit agencies

Even as millions of consumers grapple with fallout from the Equifax data breach, Republican lawmakers are quietly backing legislation to deregulate credit agencies and make them even less accountable for wrongdoing. Bills are pending in Congress to limit class-action damages for violations of the...

Toys R Us files for bankruptcy while continuing normal operations

Toys R Us, the pioneering big box toy retailer, has announced it has filed for Chapter 11 bankruptcy protection while continuing with normal business operations. A statement by the Wayne, New Jersey-based company late Monday says it voluntarily is seeking relief in U.S. Bankruptcy Court for the...

Wisconsin governor signs bill offering Foxconn $3 billion in tax credits

Wisconsin Gov. Scott Walker has signed into law a $3-billion incentive package for Foxconn Technology Group, setting up the Taiwanese technology giant to become the country's biggest foreign recipient of state subsidies. "Foxconn's creation of 13,000 good-paying, family-supporting WI jobs will...

Trump's chance to reshape the Federal Reserve could be his biggest economic legacy

President Trump is betting he can turbocharge the U.S. economy with tax cuts and trade deals, but his greatest leverage to influence growth may rest with an unparalleled opportunity to reshape the world’s most powerful central bank. Because of a wave of vacancies, Trump will have the ability in...

Slacker Radio agrees to be acquired by LiveXLive for $50 million

Slacker Radio, an online music streaming outfit, has agreed to be acquired by LiveXLive Media Inc. for $50 million. The deal is contingent upon LiveXLive completing a pending public stock offering, where it expects to generate proceeds of at least $100 million. LiveXLive, formerly Loton Corp.,...

California Inc.: Why you'll want to rethink a weekend road trip to Mexico

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. We learned Friday that California lost 8,200 net jobs in August and the unemployment rate...

Casual-dining chains seek ways to reignite sales growth

Chili’s Grill & Bar is going on a diet to fatten its sales — just one of the strategies casual-dining chains are using to reverse a slowdown in growth. Starting Monday, Chili’s is slashing the number of items on its menu by 40%, to 75 from 125, to focus on its core offerings, such as burgers, fajitas...

Sinking under a heavy debt load? There's help

Dear Liz: I am trying to get my finances in order and, like many, I am struggling. The majority of my debt comes from student loans, but I also have unsecured debt that is weighing me down. I work for a nonprofit and know I need to contact my lenders to try to enroll in the Public Service Loan...

Legislature passes bills to reform PACE energy-efficiency loan program

Two bills that would boost protections for consumers taking out PACE home-improvement loans are headed to Gov. Jerry Brown’s desk after passing the Legislature. The regulations come amid criticism by consumer advocates that too many borrowers are taking out unaffordable loans for solar panels and...

Bret Parsons, preserving L.A.'s home history

Bret Parsons, director of the architectural division at Coldwell Banker and author of "Colcord: Home."

What exactly does a big company like Nestle get when it buys an upstart like Blue Bottle?

Big companies are good at lots of things. Managing complex supply chains. Buying in bulk to get the lowest prices from suppliers. Getting products on lots of store shelves and in front of lots of consumers. But they’re not good at everything. Like being cool. Which is why, over the past few years,...

Chefs react angrily as federal appeals court upholds California ban on foie gras

California may once again scrape foie gras off restaurant plates, after judges ruled in favor of a ban on the delicacy made by force feeding ducks and geese. The decision Friday by a three-judge panel of the 9th U.S. Circuit Court of Appeals removes a roadblock to enforcing a 2004 ban that has...

The gender wage gap just shrank for the first time in a decade

This week, the Census Bureau reported some bright news: Middle-class incomes rose last year to the highest level ever recorded, a long-awaited sign of healing from the Great Recession. Along gender lines, the numbers revealed a more complicated story. Women are closing the pay gap with men — the...

Martin Shkreli is in jail with terrorism and mob suspects, and no Internet

Inmate No. 87850-053 has no Internet access. That could be the least of the inconveniences ahead for “Pharma Bro” Martin Shkreli, whose online rantings about Hillary Clinton prompted a judge this week to revoke his bail and put him in the Metropolitan Detention Center, a fortress-like federal jail...

Copyright © 2015 Regator, LLC