L.A. Times - Business01:20 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. IBM is playing catch up to Silicon Valley. Older employees sue, say they are paying the price00:20[−]

Shannon Liss-Riordan has been compared to “a pit bull with a Chihuahua in its mouth.”

In a career spanning almost 20 years, the Boston lawyer has gone after corporations that have either harmed consumers or their own employees. She’s represented workers against Amazon, Uber and Google and has styled...

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2. Jeff Bezos says he will invest $1 billion next year in Blue Origin's New Glenn rocket program00:00[−]

Jeff Bezos will invest “just over $1 billion dollars” next year in Blue Origin’s New Glenn rocket program, and the company will fly people to space “this coming year,” the Amazon.com Inc. chief executive said Wednesday.

Speaking during a keynote address at the Air Force Assn.’s Air, Space and Cyber...

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3. Amazon is considering up to 3,000 cashierless AmazonGo stores by 2021Ср., 19 сент.[−]

Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with the matter, an aggressive and costly expansion that would threaten convenience chains such as 7-Eleven Inc., quick-service sandwich shops such...

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4. Tilray's wild ride shows how hyped pot stocks are catching up to the crypto crazeСр., 19 сент.[−]

Tilray Inc. investors could probably use a bit of the company’s products right now.

The Canadian maker of medicinal cannabis extracts finished a whipsaw session Wednesday with its share price 38% higher. But Tilray was up as much as 94% earlier in the day, peaking at $300. Fifty-three minutes and...

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5. With Amazon probe, EU takes cue from 'hipster antitrust' movementСр., 19 сент.[−]

The European Union’s antitrust cop has taken an aggressive lead in regulating U.S. tech giants in recent years. But with its latest query into Amazon.com Inc., the EU is echoing the views of a 29-year-old legal scholar across the Atlantic.

EU Competition Commissioner Margrethe Vestager said Wednesday...

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6. Tiny Estonian unit of Danske Bank is focus of latest European money-laundering scandalСр., 19 сент.[−]

Danske Bank, the largest financial institution in Denmark, is at the center of yet another European money-laundering scandal.

And at the epicenter is its tiny Estonian unit, which the bank reported on Wednesday handled as much as $234 billion of funds from 2007 to 2015 — a figure that’s almost...

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7. Trump doesn't talk as much about trade deficits anymore. Maybe because they're getting worseСр., 19 сент.[−]

President Trump built his trade policy on an obsession with cutting fat U.S. deficits with China, Mexico, Europe and others.

But for weeks, Trump has barely mentioned that once-singular economic focus. No tweets about trade deficits since July. And the subject was conspicuously missing from his...

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8. Stocks rise, dollar drops as trade holds spotlightСр., 19 сент.[−]

Domestic stocks edged higher, while the dollar dipped as investors turned attention to the latest NAFTA talks. The yuan gained after China said it wouldn’t devalue its currency.

The S&P 500 Index rose for a second day ahead of trade talks between American and Canadian officials set for Wednesday...

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9. Disneyland Resort reaches tentative contract agreement with hotel workersСр., 19 сент.[−]

After a year and a half of negotiations and protests, the Disneyland Resort has reached a tentative contract agreement with the union that represents about 2,700 hotel workers.

The agreement reached early Tuesday by the leadership of Unite Here Local 11 and Disney management would raise the starting...

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10. Appeals court sides with bartenders and waiters in fight over tipsСр., 19 сент.[−]

Restaurants must pay waiters and bartenders minimum wage when they are engaged in tasks such as cleaning toilets that are unrelated to their main jobs and do not offer tips, a divided U.S. appeals court ruled Tuesday.

At issue in the decision by an 11-judge panel of the 9th U.S. Circuit Court of...

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11. Long Beach cargo logistics firm to pay $3.5 million in back wages and benefitsСр., 19 сент.[−]

The U.S. Department of Labor said logistics firm California Cartage Co. will pay $3.5 million to nearly 1,500 warehouse workers, after investigators found the Long Beach company failed to pay wages and benefits required under federal law.

The penalty, announced last week, covers employees who from...

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12. Five years later, ballots show fruit workers have rejected the UFWСр., 19 сент.[−]

More than 2,000 workers whose ballots were impounded five years ago saw the results of their vote Tuesday — an ouster of the United Farm Workers as their representative at Gerawan Farming, the state’s largest grower of peaches and other stone fruits.

A preliminary tally showed 1,098 workers voted...

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13. Criminal investigation could hurt Tesla fundraising and recruitmentСр., 19 сент.[−]

Elon Musk is often called a visionary, an innovator, a genius. A U.S. Department of Justice investigation will determine whether he also committed a crime.

The Justice Department is investigating whether public statements made by Musk and Tesla — the electric car company he runs as chief executive...

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14. California sues maker of Humira, says sales of blockbuster drug boosted through deceptive practicesСр., 19 сент.[−]

California’s insurance regulator has accused pharmaceutical giant AbbVie of using kickbacks and other illegal practices to boost sales of Humira, one of the best-selling prescription drugs in the world.

Insurance Commissioner Dave Jones on Tuesday sued the company in Alameda County, alleging that...

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15. Visa and Mastercard agree to settle part of lawsuit over credit card swipe feesСр., 19 сент.[−]

Visa and Mastercard said Tuesday they will pay $6.2 billion to settle part of a long-running lawsuit brought by merchants over fees on credit card transactions.

Visa said it will pay $4.1 billion and Mastercard will pay about $900 million. The two companies said they have already set aside money...

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16. Markets shrug off escalating U.S.-China trade fight as tariffs mountСр., 19 сент.[−]

Tariffs, shmariffs — or so investors seem to be saying as the stock market keeps trading near record highs despite the escalating trade battle between the United States and China.

Even though China slapped tariffs on an additional $60 billion of U.S. products after President Trump placed tariffs...

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17. Demand for air travel is strong, but higher fuel costs are cutting into airline profitsСр., 19 сент.[−]

The nation’s airlines are wrapping up the busiest summer travel season on record and are expecting a surge in demand for airline tickets for the upcoming holiday season.

But higher fuel costs are eating into airline profits, with the nation’s biggest commercial carriers reporting net profits for...

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18. Stocks rise, shrugging off U.S.-China trade warСр., 19 сент.[−]

Once again, Wall Street's jitters over the escalating trade dispute between the United States and China proved to be short-lived.

U.S. stocks closed solidly higher Tuesday as investors largely brushed off the Trump administration's decision to impose tariffs on an additional $200 billion worth...

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19. SeaWorld and its ex-CEO to pay $5 million to settle 'Blackfish'-related SEC chargesВт., 18 сент.[−]

SeaWorld Entertainment and former Chief Executive Jim Atchison agreed to pay more than $5 million to settle fraud charges that they misled investors about the impact that the 2013 anti-captivity documentary “Blackfish” had on the company’s reputation and business.

The U.S. Securities and Exchange...

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20. Tesla faces U.S. criminal investigation over Elon Musk statements, sources sayВт., 18 сент.[−]

Tesla Inc. is under investigation by the Justice Department over public statements made by the company and Chief Executive Elon Musk, according to two people familiar with the matter. The criminal probe is running alongside a previously reported civil inquiry by securities regulators.

Federal prosecutors...

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21. Meet the man who's paying SpaceX to fly him around the moon and back: billionaire Yusaku MaezawaВт., 18 сент.[−]

Japanese e-commerce billionaire Yusaku Maezawa will be the first paying customer to travel around the moon on SpaceX’s yet-to-be-developed BFR rocket, the company announced Monday night.

In a presentation at SpaceX headquarters in Hawthorne, Maezawa — who is worth $2.9 billion, according to Forbes...

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22. The Saudi wealth fund bought Tesla stock. Now it's investing in Lucid, a Tesla competitorВт., 18 сент.[−]

Lucid Motors, the Bay Area electric car start-up, has been struggling to raise money for more than a year. Now it appears to have found some: more than a billion dollars from Saudi Arabia’s sovereign wealth fund.

If the deal announced Monday closes as Lucid expects, the company said it will have...

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23. Trump gets an F from judge for favoring 'predatory' for-profit collegesВт., 18 сент.[−]

President Trump, who paid $25 million to settle allegations he defrauded Trump University students, and whose private-school education was covered entirely by his parents, was handed a legal defeat last week in his efforts to ignore a rule enacted by the Obama administration to protect student...

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24. Trump imposes tariffs on $200 billion in Chinese goods, escalating trade war to include many household itemsВт., 18 сент.[−]

The Trump administration on Monday announced new tariffs on $200 billion in Chinese imports, a sharp escalation of its trade fight with Beijing that will also exact costs on a wide range of American businesses and consumers.

The new tariffs, to take effect next Monday, will initially be set at...

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25. Storefront lender accused of pushing customers into taking out big loans without interest rate capsВт., 18 сент.[−]

California regulators want to seize Cash America Advance’s license, alleging the storefront lender duped customers into taking out installment loans with triple-digit interest rates.

The California Department of Business Oversight, in a legal accusation filed late last month, said Cash America...

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