English

Economics at latimes.com

Today News

02

Waymo seeks $2.6 billion in damages from Uber for alleged use of one trade secret

www.latimes.com

With three weeks to go until the explosive Waymo vs. Uber trial begins, court-watchers got a peek Wednesday at the hefty price tag Uber could face if it loses.

Redondo Beach halts mixed-use developments after residents raise concerns about traffic

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.

01

Republicans' new repeal bill would likely leave millions more uninsured, new analyses suggest

Los Angeles Times

The latest Republican bid to roll back the Affordable Care Act would likely leave millions of currently insured Americans without health coverage in the coming decades, and strip benefits and protections from millions more, a growing…

Yellen defends Federal Reserve's bond buying as the central bank starts reducing its stockpile

The Federal Reserve announced Wednesday that it would start slowly reducing the trillions of dollars in bonds it bought to stimulate the economy, another milestone in the central bank’s efforts to return to a normal monetary policy after…

Wednesday, Sep 20

00

Stocks wobble after Federal Reserve news but close mostly higher

U.S. stock indexes overcame a wobble to close mostly higher Wednesday after the Federal Reserve said it would start reducing its huge bond portfolio next month and was still on track to raise interest rates later this year.

Republican report accuses consumer bureau of going easy on Wells Fargo

The Consumer Financial Protection Bureau could have fined Wells Fargo & Co. more than $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency's internal documents released by congressional…

23

Facebook moves to block offensive terms from targeted advertising campaigns

Advertisers on Facebook no longer can use offensive search terms such as “Jew hater” and “how to burn Jews” to target specific audiences, the company said Wednesday.

Mueller seeks documents related to Trump’s actions while in White House

Los Angeles Times

Special Counsel Robert S. Mueller III has sought a variety of documents related to President Trump’s tenure in the White House, the president’s attorney, John M. Dowd, confirmed.

The Graham-Cassidy plan to repeal Obamacare would hasten Medicare for all

www.latimes.com

To the editor: The really morbid consequence of passing off most of the responsibility for healthcare to the states is that the ones that do the best job will soon see a major influx of desperately ill patients moving in to take advantage…

In tense times, Godspeed You! Black Emperor sounds hopeful on 'Luciferian Towers'

www.latimes.com

In some ways, Godspeed You! Black Emperor and 2017 were made for each other.

Bag fees didn't make base airfares that much lower, government report finds

Travelers who check at least one bag when flying domestically are paying more overall to fly than they did before airlines began unbundling fares in 2008 and charging separately for checked baggage, a government watchdog has found.

At the U.N., Trump showed his total unfitness for U.S. presidency

www.latimes.com

To the editor: President Trump’s speech to the United Nations again illustrates his arrogance, ignorance and disregard for what is really at stake on the world stage. (“In first U.N. speech, Trump derides Kim Jong Un as ‘Rocket Man’ and…

22

21

Today in Entertainment: Sen. Bill Cassidy fires back at Jimmy Kimmel; 'Sabrina the Teenage Witch' headed to the CW

www.latimes.com

Coming on the heels of her Tuesday acknowledgement that she suffers from fibromyalgia, Lady Gaga took to Twitter to announce she has been hospitalized for severe pain and is unable to play her scheduled show at Rock in Rio on Friday.…

KB Home CEO Jeffrey Mezger hurls slurs at Kathy Griffin

KB Home Chief Executive Jeffrey Mezger went on a profanity-laden rant against his neighbor Kathy Griffin last weekend, hurling slurs at the comedian in reaction to a noise complaint.

Jockeying continues over Republicans' latest Obamacare repeal bid

Los Angeles Times

Just over a day after agreeing with Democratic leaders to make an immigration deal, President Trump on Friday took a hard line against allowing close family members to follow new immigrants, a position that could stymie bipartisan…

20

Trump seeks to reassure loyalists even as he courts deals with Democrats

Los Angeles Times

As mainstream media outlets raised questions Tuesday about the wisdom of President Trump labeling North Korean leader Kim Jong Un “Rocket Man” from the lectern at the United Nations, the president’s message-making sped into gear.

The disastrous impact of the GOP's Obamacare repeal plan, in three devastating charts

Los Angeles Times

The healthcare consulting firm Avalere on Wednesday released the latest in a series of independent analyses of Senate Republicans’ new effort to repeal the Affordable Care Act. The findings are beyond ugly. They show devastating cuts in…

'Opus' on Billionaire’s Row cuts a cool $15 million off the asking price

www.latimes.com

It’ll now take $85 million to grab this hyper-luxury mansion, found on a stretch of Beverly Hills known as Billionaire’s Row. That’s down from the $100-million asking price when it first appeared on the Multiple Listing Service in August.

Concerns over Fox News prompt further scrutiny of bid to buy European satellite TV service Sky

www.latimes.com

Britain’s secretary of state on Wednesday ruled that the bid by Rupert Murdoch’s media company to control the European satellite TV service Sky must undergo more rigorous regulatory scrutiny.

Hillary Clinton's book has sold more than 300,000 copies

Hillary Clinton’s “What Happened” had a big debut.

19

U.N. General Assembly live updates: Iranian president denounces Trump for 'ignorant, absurd and hateful rhetoric'

President Trump mocked North Korean leader Kim Jong Un as "Rocket Man" and denounced "loser terrorists" in the normally formal occasion of his maiden address to the United Nations General Assembly."Rocket Man is on a suicide mission for…

Power-assist electric bicycles coming from Yamaha

The American arm of Yamaha Motor Corp. will begin selling its first branded power-assist electric bicycles.

18