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| May 24, 2019

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Boeing pays $2,000 a month to park each 737 Max while it waits for a fix

May 24, 2019 |

While regulators contemplate whether Boeing Co.’s 737 Max can safely return to the skies, workers in a California airplane-storage yard keep a careful vigil against earthier concerns.

Crews have sealed 34 Southwest Airlines Co. jets against the Mojave Desert’s sun, wind and sand, as well as insects…

L.A. Times – Business

Technology stocks help push up markets at opening bell

May 24, 2019 |

Stocks were rising at the opening on Wall Street on Friday, led by gains in technology companies, as the market tries to rebound from steep losses a day earlier.

Intuit gained 4.8% after the maker of TurboTax reported quarterly earnings and revenue that topped expectations.

The major indexes are…

L.A. Times – Business

Meet Murray Cox, the activist trying to take down Airbnb

May 24, 2019 |

Murray Cox chuckled when he was invited to a meeting with Airbnb executives in downtown Manhattan in February.

For four years Cox has been publishing reports that cast Airbnb as a big-city housing-villain, but the company had never reached out to him before. A rendezvous was set for a WeWork meeting…

L.A. Times – Business

Amazon working on wrist device that could detect human emotion

May 24, 2019 | Inc. is developing a voice-activated wearable device that it says can recognize human emotions.

The wrist-worn gadget is described as a health and wellness product in internal documents reviewed by Bloomberg. It’s a collaboration between Lab126, the hardware development group behind…

L.A. Times – Business