Sunday, Oct 22


Tesla reportedly reaches agreement to build car factory in Shanghai

Tesla has entered an agreement to build its own factory in Shanghai, a first-of-its-kind deal for a foreign automaker, the Wall Street Journal reported Sunday.


UCLA’s effort to patent a costly prostate cancer drug in India hurts the poor, critics say

After scientists at UCLA created a breakthrough treatment for prostate cancer, it generated more than half a billion dollars for the university.


To give or not to give can be a taxing question

Dear Liz: A good friend who is childless wishes to give his property to my daughter before his death. He has been an informal uncle for the whole 50 years of my daughter's life, and we are, in effect, his family. However, I am concerned…

Saturday, Oct 21


Google parent company sends up solar-powered balloons to bring internet service to Puerto Rico

Google's parent Alphabet Inc. said Friday that its stratospheric balloons are now delivering the internet to remote areas of Puerto Rico where cellphone towers were knocked out by Hurricane Maria.


United Airlines becomes latest carrier to put economy passengers in rows of 10 seats

If you hate the middle seat on a plane, you probably won’t like the new seat configuration on United Airlines Boeing 777s.


Judge tosses $417-million award against Johnson & Johnson

A judge on Friday tossed out a $417-million jury award to a woman who claimed she developed ovarian cancer by using Johnson & Johnson’s talc-based baby powder for feminine hygiene.


California attorney general accuses retailer Curacao of unlawful business practices

Curacao, a Southern California electronics retailer that caters to Latinos, was accused of several unlawful business practices in a civil lawsuit filed by state Atty. Gen. Xavier Becerra.

SBE launches expansion to Latin America and the Middle East

The company that began with a handful of hip nightclubs in Los Angeles has announced its latest expansion, adding hotels, restaurants and condominium projects in Latin America and the Middle East.

Video game live-streamers — and those who watch them — gather at TwitchCon in Long Beach

By all accounts, Katie Upshall leads an ordinary life back home in Newfoundland, Canada.

Friday, Oct 20


Stocks rise to record highs, now on a six-week winning streak

U.S. stocks were up slightly in early trading Friday as investors cheered a crop of strong company earnings. Technology companies posted some of the biggest gains. A jump in bond yields also helped lift bank shares. Consumer products…

California's economy strengthened in September, adding 52,200 jobs

California added 52,200 net new jobs in September, and the unemployment rate remained unchanged from a month earlier at 5.1%.


Ikea recalled millions of dressers that were killing toddlers. This family found out too late

Shortly after Jozef Dudek had been put down for a nap at home in Buena Park, his father went to check on him and found the 2-year-old crushed under an Ikea dresser. He could not be revived.

Paul Ryan says tax overhaul will include a bracket aimed at the wealthy

House Speaker Paul D. Ryan said Friday that the Republican tax overhaul will include a fourth bracket for the wealthiest Americans to ensure that high earners don’t benefit more than the middle class.

She began fighting climate change as a child. Now she sits on the DWP board

From the love for community instilled in her native Colombia, Aura Vasquez grew her passion into the focus of her life's work as an entrepreneur and DWP commissioner.


JetBlue to remove its fares from several online travel booking sites

JetBlue Airways is removing its fares and schedules from 11 online travel booking sites, saying the move will cut costs and help keep fares low.


Hotel rooms near L.A. Convention Center have nearly doubled but aren't enough, city study finds

For years, tourism advocates in Los Angeles have bemoaned the shortage of hotel rooms near downtown’s convention center, saying the city needs thousands more to draw the nation’s biggest conventions.


Workers at iPhone supplier in China protest unpaid bonuses

Hundreds of workers streamed through dark streets, blocking an entrance to an Apple iPhone supplier's factory in eastern China to protest unpaid bonuses and factory reassignments, two witnesses and a U.S. nonprofit group said Thursday.


Lower drug prices? Trump has one idea, but insurance giant Anthem has another

The sky-high cost of prescription meds was back in the spotlight this week. First, President Trump said drug prices “are out of control” and drug companies are “getting away with murder.”


Toyota headquarters in Torrance sold for $270 million to Irvine real estate developer

Developer Sares-Regis Group has acquired the former Toyota headquarters in Torrance for $270 million — making it one of the biggest real estate transactions of the year in the region, where there is high demand for campus-style offices.


U.S. unemployment claims fall to the lowest in 44 years

The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president.

Stocks’ last-minute rebound nudges S&P 500 and Dow to new highs

A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market's winning streak and milestone-setting run.

Thursday, Oct 19


Workers' lawsuit accuses ritzy Terranea Resort of wage theft

Workers at the Terranea Resort in Rancho Palos Verdes have sued the ritzy hotel, contending they aren’t paid for the time they spend waiting to get uniforms before each shift and being driven on a bus from a remote parking lot.

FDA approval of lymphoma therapy shows Gilead's purchase of Kite was a good bet

Gilead Sciences Inc.’s stock rose Thursday after the biotech company’s Kite Pharma unit gained federal approval for its flagship cell-treatment therapy for adults with advanced lymphoma.

Irvine wants to put Amazon's second headquarters in the Spectrum

Irvine has unveiled its proposal to win Amazon’s second headquarters, joining cities from across the country that are vying to lure the tech giant and tens of thousands of new jobs.


Trump's pick for FTC chief: a Washington insider who has represented many tech firms

President Trump intends to nominate Joseph Simons, a longtime expert in competition law, to head the Federal Trade Commission, America's top privacy and consumer protection agency, the White House said Thursday.


Trump meets with Janet Yellen as decision on next Fed chair nears

President Trump met at the White House on Thursday with Federal Reserve Chairwoman Janet L. Yellen as he neared a decision on who will lead the central bank after her first four-year term ends in February.


Senate Democrats fail in first attempt to save state and local tax deduction

Senate Democrats on Thursday failed in their first attempt to save the state and local tax deduction, which helps many residents of California and other high-cost states reduce their federal income tax bills.


Despite backlash over political ads, Facebook's role in elections will only grow

Negative headlines. Congressional inquiries. Corporate apologies. The heightening scrutiny surrounding Facebook after it allowed Russian trolls and inflammatory political ads to spread on its network is the kind of thing companies would do…


Dow closes above 23,000 as stock indexes set new highs

A day of modest gains on Wall Street resulted in more milestones for U.S. stocks Wednesday as the Dow Jones industrial average closed above 23,000 points for the first time.

LA Weekly is being sold to Semanal Media, a mysterious new company

LA Weekly’s owner, Voice Media Group, has agreed to sell the alternative weekly newspaper as it sheds print assets and focuses on its digital business, a representative for Voice Media confirmed Wednesday.