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Today News

01

More restrictions announced for toxic pesticide

California moved a step closer Friday to banning a widely used agricultural pesticide linked to birth defects, openly departing from the Trump administration’s decision to walk back an Obama-era effort to ban the chemical.

Friday, Aug 18

00

Stocks fall further to end a rough week

U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market.

How long can the stock market ignore the troubles in Washington?

A CEO mutiny against President Trump. An escalating nuclear threat with North Korea. Uncertainty about healthcare reform. The departure of top Trump strategist Steve Bannon.

California adds 82,600 jobs in July; unemployment rate ticks up to 4.8%

Los Angeles Times

July was California employers’ biggest month of hiring in more than a year as the state continued its steady economic growth, although unemployment also ticked up, according to data released Friday by the state’s Employment Development…

23

All 17 on White House arts and humanities panel quit, following business CEOs out the door

All 17 members of the White House advisory commission on the arts and humanities, including several from Hollywood, resigned en masse Friday to protest President Trump's divisive comments on the deadly violence in Charlottesville, Va.

22

Eclipse prompts California power grid changes when solar energy supply dips

Los Angeles Times

Although the moon will push in front of the sun and darken the skies on Monday, California’s solar-heavy electricity grid isn’t expected to run short on energy to power homes, businesses and industry.

21

From intern to CEO, 30 years later Wendy Rogers reaches the top at Irvine architecture firm

Wendy Rogers started at LPA Inc. as an intern. Now she's the chief executive officer.

15

A raise erased by higher healthcare costs

Question: After my husband receives his annual review and cost-of-living raise, he will be in a new pay bracket. When this happens, the cost of his health insurance will increase as well -- way beyond the raise he would receive -- so he…

13

It shouldn't take generous strangers to help patients cope with drug prices

Los Angeles Times

The inherent goodness of people was made clear this week when a pair of readers offered to pay for a 75-year-old Encino man’s prescription meds after the drug maker imposed a $1,100 deductible to be eligible for financial assistance.

04

Can white supremacist groups be blocked from raising money online? There's a campaign to try

For years, Richard Spencer’s white nationalist think tank, the National Policy Institute, was able to accept donations online through its PayPal account and through credit card payments processed by San Francisco start-up Stripe.

Power grid operator offers alternatives to natural gas plant but at higher cost

The manager of California’s electric grid told state regulators that clean energy could be substituted for a proposed natural gas plant in Ventura County but at a higher cost.

03

Cyberattack cost Maersk as much as $300 million and disrupted operations for 2 weeks

A June cyberattack that snarled shipping terminal operations worldwide — and briefly shut down the Port of Los Angeles’ largest cargo terminal — has cost the Danish shipping giant A.P. Moller-Maersk $200 million to $300 million, the…

01

Noise curfew rules proposed at Long Beach Airport could mean trouble for JetBlue

JetBlue Airways, the busiest carrier at Long Beach Airport, has violated the city’s noise curfew so often this year that if a proposed noise crackdown is adopted, the New York-based carrier could face being shut out of the airport.

Thursday, Aug 17

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Orange County employee pension fund alleges big banks are costing retirees money

Three major public pension funds, including the Orange County Employees Retirement System, have sued a half-dozen Wall Street banks, alleging they illegally conspired to control a corner of the stock market, leading to higher charges for…

It's years away, but 70-story downtown tower could change L.A. skyline and 'relationship with vertical living'

A skyscraper that would be the tallest residential building in California has been proposed for downtown Los Angeles as the neighborhood’s housing boom rolls on.

EpiPen maker settles: It'll pay less than what it got by allegedly overcharging

Los Angeles Times

EpiPen maker Mylan has finalized a $465-million government agreement settling allegations it overbilled Medicaid for its emergency allergy injectors for a decade — charges brought after rival Sanofi filed a whistleblower lawsuit and tipped…

Stocks tumble. It's their worst day in 3 months

U.S. stocks plunged Thursday as losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks dropped as bond yields and interest rates sank for a second day.

21

How to get a star on the Hollywood Walk of Fame? Talent — and cash

Anyone can nominate a celebrity for inclusion on the Walk of Fame. Then it's up to the Hollywood Chamber of Commerce, which oversees the starry honors, to decide who gets to join the club.

17

Wal-Mart is buying trendy e-commerce sites. The cool kids are not having it

At the height of their love affair, Bridget Henry visited online clothing store ModCloth’s app every day. It wasn’t just the clothes with a vintage and quirky vibe that the 26-year-old liked, it was the story.

Breast-feeding while working as a politics editor is hard. Here's how I survived the last seven months

I had no idea how difficult it would be to breast-feed my newborn son. As a first-time mom, nursing was so hard I started taking notes on my iPhone for a story I wanted to write about how none of the products marketed to make the practice…

02

Corporate America voices its strongest repudiation yet of Trump as councils disband

Los Angeles Times

America’s top business executives may have bristled over President Trump's ban on refugees, his withdrawal from the Paris climate accord and his decision to bar transgender Americans from the military.

Wednesday, Aug 16

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Stocks eke out gain after retailers post stronger-than-expected earnings

U.S. stocks rose slightly Wednesday as Urban Outfitters and Target helped retailers rally. That was enough to overcome losses by energy companies and market turbulence stirred up by the controversy over President Trump’s manufacturing…

23

Beverly Hills developer accused of defrauding investors will pay millions to settle case with SEC

Jay Belson, a developer of extravagant mansions in the Los Angeles area, has reached a settlement with the U.S. Securities and Exchange Commission over allegations he defrauded investors of more than $2 million.

21

Protests against Google are postponed as culture wars roil Silicon Valley

Los Angeles Times

Conservative protesters scuttled plans to gather outside Google’s offices this weekend, putting on hold an effort to take America’s culture wars directly to Silicon Valley.

Fed minutes show split on timing of asset reduction

Several Federal Reserve monetary policymakers wanted to announce last month exactly when they would start reducing the central bank's trillions of dollars in assets, but most preferred to wait to see how the economy and financial markets…

13

USC's massive campus addition features student housing — and Trader Joe's and Target open to the community

Los Angeles Times

USC Village, the largest development in the school’s history, officially opens Thursday as the university strives to house more students on campus — and broaden its connection to its South Los Angeles neighborhood.

08

Obama tweeted a response to the Charlottesville violence. It's now the most 'liked' in Twitter history

The former president tweeted a Nelson Mandela quote on the day of violent chaos in Charlottesville. He included a photo taken of him in 2011 on a visit to his daughter Sasha’s school in Bethesda, Md.

02

Will a trade fight with Asia sabotage the U.S. solar industry? That may be up to Trump

President Trump’s most useful ally in his push to restore the dominance of coal, oil and gas in America could ultimately turn out to be a pair of bankrupt solar firms seeking help from the federal government getting back on their feet.

Most of the Queen Mary Island plans are complete. Here's how it'll look

The latest renderings of the Queen Mary Island entertainment complex show a 65-acre site packed from the surrounding streets to the water’s edge with stores, restaurants, sports venues and entertainment facilities.

Retailers stumble, but stock indexes barely move

U.S. stock indexes finished Tuesday near where they started. Technology companies and household goods makers rose, but weak reports from sporting goods and auto parts retailers left a lot of smaller companies with steep losses.