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Actualizado: hace 2 horas 41 mins

Southern California home prices hit another record

Hace 3 horas 31 mins

Southern California home prices rose 8.2% in May from a year earlier, sending the median to another all-time high of $530,000, according to a report released Thursday from CoreLogic.

The sharp gain in the median price came as the number of sales across the six-county region fell 3.4% from a year...

Intel CEO Brian Krzanich resigns over relationship with employee

Hace 3 horas 46 mins

Brian Krzanich abruptly resigned as chief executive of Intel Corp. on Thursday after the giant chip maker found that he had a past consensual relationship with an Intel employee that violated the company’s policies.

Robert Swan, Intel’s chief financial officer, was named interim CEO while the company...

Brick-and-mortar retailers get a boost from Supreme Court decision favoring online sales taxes

Hace 4 horas 6 mins

Chalk up another victory for brick-and-mortar retailers.

Stores with physical locations such as Walmart Inc. and Target Corp. are on a winning streak after the U.S. Supreme Court ruled that states can require the collection of sales tax on internet purchases, overturning a 1992 decision that traditional...

Why bitcoin exchanges keep getting hacked — and how to protect yourself

Hace 9 horas 1 min

The price of bitcoin took a tumble early Wednesday after a major South Korea-based cryptocurrency exchange, Bithumb, admitted that hackers made off with more than $31 million worth of virtual currency.

The incident is the latest in a long string of thefts at the online portals where investors trade...

Its design has been scorned, but L.A. Live has been crucial to downtown's resurgence

Hace 9 horas 31 mins

When the NBA All-Star Weekend returned to Los Angeles in February for the third time since 2004, it was no lucky fluke for the city.

It’s a running joke in the basketball league, Commissioner Adam Silver said, that if team owners can’t have the annual showcase in their own cities, they want to...

These college students moonlight as 'grandkids' for hire. Seniors love it

Hace 10 horas 1 min

When Andrew Parker's grandfather began suffering from dementia three years ago, his grandmother had to start taking care of the house and caring for him. It was hard work, and one day, Parker got the idea to hire a college student to help out.

"I said, 'Hey, can you go hang out with my grandfather...

For a day, I was one of the millions of Americans without a bank account. It was humbling

Hace 11 horas 31 mins

Two and a half miles of walking, two failed attempts to cash a $15 check, one toy left behind at a checkout counter and $14 in fees for financial transactions that ordinarily wouldn’t cost me a dime.

That was my tally after a recent, frustrating morning in Hollywood spent standing in lines, filling...

$450-million office, housing and retail complex underway on Vine in Hollywood

Mié, 06/20/2018 - 18:35

A block in Hollywood once slated to hold a museum dedicated to the Academy Awards is being transformed into a spacious $450-million campus of offices, apartments and stores.

Kilroy Realty Corp. has broken ground on Academy on Vine, a long-anticipated project on 3.5 acres just south of the ArcLight...

China's Xi can make life tough for U.S. companies, from Apple to Walmart

Mié, 06/20/2018 - 16:25

China doesn’t import enough from the U.S. to match President Trump’s tariffs dollar for dollar, but President Xi Jinping can still retaliate by squeezing American companies in other ways.

American businesses including Apple Inc., Walmart Inc., Boeing Co. and General Motors Co. all operate in China...

Workers at Trump golf course and Terranea resort file lawsuit over 'panic button' ballot measure

Mié, 06/20/2018 - 16:20

A petition drive to force the exclusive Terranea Resort and nearby Trump National Golf Club to provide employees with panic buttons and wage increases is now the subject of a lawsuit alleging that the city of Rancho Palos Verdes is refusing to put the measure on the ballot.

The Los Angeles County...

Air Force says planning for Space Force will be 'thorough' and 'deliberate'

Mié, 06/20/2018 - 14:25

Planning to establish a new, separate U.S. Space Force, as directed by President Trump earlier this week, is not expected to be a speedy process, Air Force officials say.

A letter to airmen signed by Air Force Secretary Heather Wilson, Air Force Chief of Staff Gen. David Goldfein and Chief Master...

Amazon, JPMorgan and Berkshire Hathaway pick CEO for joint healthcare venture

Mié, 06/20/2018 - 13:05

Dr. Atul Gawande, a surgeon and bestselling author, has been named chief executive of a venture sponsored by Amazon.com Inc., JPMorgan Chase & Co. and Warren Buffett’s Berkshire Hathaway Inc. that aims to bring down those three firms’ healthcare costs.

The companies announced the appointment Wednesday...

Judge rejects DeVos' interpretation of order about Corinthian student debt relief

Mié, 06/20/2018 - 13:00

Tens of thousands of former Corinthian Colleges students can breathe a sigh of relief after a federal judge said late Tuesday that the U.S. Department of Education must stop all attempts to collect on their federal student loans.

The decision clarifies the scope of the judge's ruling in May banning...

American and United Airlines ask U.S. not to fly detained children on their flights

Mié, 06/20/2018 - 12:45

American Airlines Group Inc. and United Continental Holdings Inc. have asked the federal government not to fly immigrant children separated from their families on their aircraft as part of the Trump administration’s “zero-tolerance” recent crackdown on border enforcement.

Both airlines said they...

Stocks rise, led by tech shares, as U.S.-China trade fears ease

Mié, 06/20/2018 - 09:35

U.S. stocks are mostly higher Wednesday morning as global markets let go of some of their fears about the growing trade dispute between the U.S. and China. Technology companies and banks are making some of the largest gains. 21st Century Fox is jumping after it agreed to a new deal with Disney,...

Tariffs on Chinese goods threaten Southern California ports and could ripple through to consumers

Mié, 06/20/2018 - 07:00

For months, as the Trump administration ratcheted up trade threats — announcing tariffs on allies and adversaries alike — business at the nation’s largest port complex in San Pedro Bay has hummed along, seemingly oblivious.

Smartphones, clothes and toys flowed in from China. Ceramics and beverages...

Anaheim City Council votes to put 'living wage' initiative on November ballot

Mié, 06/20/2018 - 01:50

After emotional statements from Disneyland workers and Anaheim business owners, a divided Anaheim City Council voted Tuesday to put on the November ballot a measure that would require hospitality operations that accept a city subsidy to pay a “living wage.”

The council narrowly rejected a proposal...

Tech CEOs voice opposition to family separations at the border

Mar, 06/19/2018 - 19:05

Tech heavyweights from Apple Inc. Chief Executive Tim Cook to Facebook Inc. boss Mark Zuckerberg joined a chorus of Americans denouncing the Trump administration’s policy of separating children in the U.S. illegally from their families at the border. But it’s unclear whether the industry has any...

Dow Jones industrial average is dumping General Electric and adding Walgreens

Mar, 06/19/2018 - 17:15

General Electric Co., its stock gutted as management struggled with a slump that wiped $120 billion from its value, suffered a crowning ignominy Tuesday as overseers of the Dow Jones industrial average kicked the company out of the stock gauge it has inhabited for more than a century.

The onetime...

Bills headed for state Senate would put limits on payday, auto-title lending

Mar, 06/19/2018 - 16:55

State legislators killed a bill that would have reshaped much of California’s consumer lending market, but two more-modest bills made it through the state Assembly and now move on to the Senate.

One would stop borrowers from taking out more than one payday loan at a time; another would cap interest...