L.A. Times - Business23:42 Текст источника в новой вкладке
National and international business news. Find stock updates, the latest trends in technology, real estate news and the latest on the economy.
©2018 Los Angeles Times

 
 
1. Stocks rise, lifted by relief over easing U.S.-China trade tensions23:20[−]

Signs of easing trade tensions between the United States and China sent stocks solidly higher on Wall Street on Monday, giving the Dow Jones industrial average its biggest gain in two weeks.

Technology and industrial companies led the way up.

Micron Technology jumped 3.9% after the chipmaker raised...

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2. Pilot-hungry airlines are raiding flight schools, creating a shortage of instructors to train the next generation21:40[−]

Airlines’ insatiable demand for pilots threatens to sabotage flight schools’ ability to train new ones. Carriers are raising wages and hoarding every available pilot — including the instructors schools rely on to teach incoming students.

The very pilot pipeline that is supposed to meet decades...

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3. New Starbucks policy: No purchase needed to use restrooms or sit in cafes20:10[−]

Medical emergency, burglary and physical assault: These are a few instances in which Starbucks is now saying employees should call 911.

The guidelines are a part of Starbucks' new policy allowing customers to use restrooms and sit in cafes and patios even if they do not make a purchase. The approach...

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4. Mario Batali faces sexual misconduct investigation; B&B Hospitality and Eataly are cutting ties with him19:55[−]

B&B Hospitality Group and Eataly are cutting ties with Mario Batali amid news that the New York Police Department is investigating allegations of sexual misconduct levied against the celebrity chef.

B&B provides back-office and operational services for 24 restaurants owned at least in part by Batali....

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5. California Inc.: From a galaxy far, far away ... heeere's Han!15:00[−]

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.

Good news for the Golden State on Friday with word that California added 39,300 net new...

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6. U.S. is putting new tariffs on hold while negotiating with China, Mnuchin says02:40[−]

The Trump administration carefully stepped back Sunday from a looming trade war with China, saying that it would refrain for now from applying major tariffs on Chinese goods in the wake of Beijing’s promise to ramp up purchases of American products to reduce the trade deficit.

“We’re putting the...

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7. Tesla to start deliveries of dual-motor Model 3 in JulyВс., 20 мая[−]

Tesla Inc. Chief Executive Officer Elon Musk has revealed the specifications for two new versions of the Model 3, the car that is intended to be the company’s first high-volume vehicle.

The performance version, and a less expensive dual-motor, all-wheel-drive option for the company’s Model 3 sedan...

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8. How to pick a fee-only financial planner when family's finances suddenly increase?Вс., 20 мая[−]

Dear Liz,

I have had a fairly predictable financial life. I’m a school administrator, and my husband is a nurse.

We now have three properties. Two are income properties, and the third is a home that has sat for eight years in mid-construction. When finished, the home could be rented for $4,500...


9. Sports gambling may be coming to California — but it's unclear who will take your betsВс., 20 мая[−]

If there is one sure bet Californians can make now that the Supreme Court has cleared the way for legalized sports gambling, it’s this: Months, if not years, of haggling lie ahead before residents can wager a dime on any game.

And that haggling could be a spectacle in itself as tribal casinos,...

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10. San Francisco investor is building $80-million creative offices in desirable Playa VistaСб., 19 мая[−]

Construction is underway on an $80-million office building in Playa Vista as the Los Angeles neighborhood continues to draw businesses in creative fields.

A team led by San Francisco investor Rockwood Capital is erecting the 190,000-square-foot structure called WE3 that will be the third and final...

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11. Legislation would require airlines, commuter rail lines, buses to adopt anti-harassment rulesСб., 19 мая[−]

After a survey that found widespread sexual harassment on commercial airlines, federal lawmakers have proposed legislation requiring airlines and other transit operations to adopt policies to crack down on harassment and abuse.

The bill by Rep. Peter DeFazio (D-Oregon) calls on airlines, bus companies,...

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12. Erik Oberholtzer, co-founder of Tender Greens restaurant chainСб., 19 мая[−]
Erik Oberholtzer is co-founder of Culver City's Tender Greens, the California-centric restaurant chain that inspired a wave of fresh, fast casual copycats looking to deliver fine dining at affordable prices.

13. U.S. customs to hire dozens of officers as foreign travel surges at LAXСб., 19 мая[−]

With international travel to Los Angeles continuing to grow, U.S. Customs and Border Protection is for the first time in 10 years accepting applications for dozens of new officers to work at Los Angeles International Airport.

The numer of customs officers working at LAX has diminished through normal...

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14. Alaska Airlines to close New York pilot base to focus on West Coast demandСб., 19 мая[−]

Alaska Airlines has vowed to be the dominant carrier of the West Coast — a goal that was aided when it acquired Burlingame, Calif.-based Virgin America in 2016.

Now, the Seattle-based airline has announced that it plans to close its pilot base at New York’s John F. Kennedy International Airport...

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15. What is your dog eating? Petco will show you with in-store kitchensСб., 19 мая[−]

Petco shoppers soon can opt to see exactly what goes into their pet’s meals thanks to a new deal the retailer has inked with JustFoodForDogs, a Southern California purveyor of human-quality pet food.

The partnership, announced earlier this week, will see San Diego-based Petco construct JustFoodForDogs-branded...

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16. The markets don't care about your wants or needsСб., 19 мая[−]

You may have reasonable expectations of what you can expect from your investments during the coming years and decades. But regardless of what your risk-adjusted return expectations are, the first rule of economics cannot be denied: There is no free lunch.

I was reminded of this by a report that...

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17. Bratz maker Isaac Larian wants to merge his MGA with Mattel. Barbie isn't interestedСб., 19 мая[−]

California toy mogul Isaac Larian has spent more than a decade battling his company’s bitter rival Mattel Inc.

Now, he wants to run it, and guess what? The struggling Barbie-doll maker is having none of it.

Last month, Larian made an unsolicited offer to merge his MGA Entertainment Inc. with his...

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18. California gains more than 39,000 jobs; unemployment falls to record lowСб., 19 мая[−]

The California economy rebounded from a disappointing March and added 39,300 net new jobs last month, as the unemployment rate fell to a new record low of 4.2%, according to data released Friday by the state Employment Development Department.

The report indicates that the California economy remains...

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19. Drone pilots' pay plummets 90% in 'race to the bottom'Сб., 19 мая[−]

Andy Trench made $2,000 a day in 2015 taking sky-high photographs along the East Coast with a drone he made himself. Now that same work fetches about $175.

“It’s apparent that a lot of this industry is a race to the bottom,” said Trench, a Rhode Island entrepreneur who has been operating remote-controlled...

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20. China hopes to placate Trump with promise to buy billions more in U.S. goodsСб., 19 мая[−]

Chinese officials are hoping to mollify President Trump’s oft-stated displeasure with America’s huge trade imbalance with China by pledging to import “at least $200 billion” more in made-in-the-USA products, the director of the White House National Economic Council said Friday.

Larry Kudlow, the...

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21. IZettle scraps its IPO, sells itself to PayPal for $2.2 billionСб., 19 мая[−]

IZettle finalized its deal to be bought by PayPal Holdings Inc. for $2.2 billion the evening before the Swedish fintech start-up was set to price its shares in an initial public offering.

It looked like an abrupt about-face for the company, which competes with Square Inc. and Canada’s Shopify Inc....

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22. Stocks end a choppy trading week with a mixed finishСб., 19 мая[−]

Despite a choppy week of trading and a mixed finish for U.S. stocks, the market extended its recent streak of relative calm Friday.

The Standard & Poor’s 500, the market’s benchmark index, notched its 10th day in a row without a gain or drop of 1% or more. That’s the longest stretch since Jan....

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23. Why China can't cut its trade gap with the U.S. by $200 billionПт., 18 мая[−]

The great thing about large numbers is they can get so huge that you can bamboozle people by chucking them around.

That’s the best way to view Beijing’s reported offer to reduce its trade surplus with the U.S. by $200 billion. In the context of economies with a combined gross domestic product in...

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24. Boom in giant batteries hits another roadblock: Cities' fear of fireПт., 18 мая[−]

The new era of big batteries has already drawn scrutiny after fiery electric-car crashes across America and Europe. Now, U.S. city planners are worried about the same risk of hard-to-control blazes as these power-storage units make their way into basements and onto rooftops.

“You can have these...

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25. Trump personally pushed postmaster general to double rates on Amazon, other firmsПт., 18 мая[−]

President Trump has personally pushed U.S. Postmaster General Megan Brennan to double the rate the Postal Service charges Amazon.com and other firms to ship packages, according to three people familiar with their conversations, a dramatic move that probably would cost these companies billions of...

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