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| April 21, 2019

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Weinstein companies dismissed from sexual-misconduct class-action lawsuit

April 21, 2019 |

Harvey Weinstein’s former companies and their officers and directors were dismissed from a federal lawsuit filed by 10 women who claim the firms and executives aided the alleged sexual misconduct that led to the movie mogul’s ouster.

The women — actors and screenwriters who say they were assaulted…


L.A. Times – Business

Silicon Valley is not ready for 2020. Just read the Mueller report

April 20, 2019 |

Reading Robert Mueller’s report, it’s hard not to feel like that frog who gets slowly boiled alive. Many of its most incendiary allegations had already been published elsewhere. We knew most of it, but now, we really know.

Donald Trump really did order the White House counsel to have Mueller fired….


L.A. Times – Business

U.S. housing starts drop to lowest level in two years amid affordability concerns

April 20, 2019 |

U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers.

Residential starts fell 0.3% to a 1.139-million annualized rate after a downwardly…


L.A. Times – Business

Amazon plans to shut down China marketplace in rare retreat

April 20, 2019 |

In a rare retreat for Amazon.com Inc., the e-commerce giant plans to shut down its Chinese marketplace business in July as it shifts its focus to offering mainland consumers overseas products rather than goods from local sellers.

Amazon will keep running its other businesses in China, including…


L.A. Times – Business