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| October 26, 2016

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Sales of iPhones decline, but Apple predicts a better-than-expected holiday season

October 26, 2016 |

After stumbling in 2016, Apple is betting on a better year ahead. 

The Silicon Valley tech giant is forecasting a return to growth in iPhone sales this winter after a rare slump that depressed Apple’s revenue and stock performance over the last three quarters. 

The company is also set to unveil…

L.A. Times – Business

Prime Healthcare ordered to pay $6.5 million in back wages

October 26, 2016 |

In a ruling last week, the National Labor Relations Board ordered Prime Healthcare Services, the owner of several Southern California hospitals, to pay back wages to laboratory technicians, clerks and pharmacists, among other employees.

The chain owes $ 6.5 million to 500 workers at Encino Hospital…

L.A. Times – Business

Downtown business advocacy group names new chief executive

October 26, 2016 |

The Central City Assn., an influential downtown business advocacy group, has named a new chief executive to replace long-time head Carol Schatz, who recently retired.

Taking the helm will be Jessica Lall, the executive director of a business improvement district in the South Park neighborhood,…

L.A. Times – Business

Airbnb and Julia Child Foundation reach settlement over promotion of French home

October 25, 2016 |

A foundation that represents the estate of famed chef Julia Child has settled a lawsuit against Airbnb over a promotion that offered a free night’s stay at Child’s vacation home in France.

Julia Child Foundation for Gastronomy and the Culinary Arts sued the short-term rental company in June, saying…

L.A. Times – Business