Image Image Image Image Image Image Image Image Image Image Image Image

| August 15, 2018

Scroll to top

Top

LA Times Archives -

L.A. County Supervisors approve temporary rent control ordinance for mobile homes

August 15, 2018 |

The Los Angeles County Board of Supervisors on Tuesday moved to impose temporary rent caps on mobile homes. The vote comes amid a broader, controversial push to remove barriers to rent control across California in response to rising housing costs.

In a 3-1 vote, supervisors approved temporary caps…


L.A. Times – Business

Aviation support company plans 830 layoffs at LAX

August 14, 2018 |

Despite surging demand for air travel, a Swiss aviation service company is cutting 830 jobs and ending all of its ground handling and transportation services at Los Angeles International Airport, citing “market conditions.”

Swissport, which provides baggage handling, cabin cleaning and other services…


L.A. Times – Business

New Southwest Airlines emotional support animal policy allows only dogs and cats on leashes or in carriers

August 14, 2018 |

Joining several other carriers that have adopted tough new rules on pets, Southwest Airlines is adopting a new policy for emotional support animals in the cabin, allowing only dogs and cats that are restrained by a leash or kept in a carrier.

The new policy, announced Tuesday by the Dallas-based…


L.A. Times – Business

Cable’s answer to cool new streaming services? Soaring internet prices

August 14, 2018 |

The good news: More “skinny bundles” of pay-TV channels will be available to consumers as a growing number of households abandon fat programming packages and seek cheaper online streaming options for home entertainment.

The bad news: Analysts say cable and phone companies, quickly adapting to this…


L.A. Times – Business

TSA chief defends controversial Quiet Skies surveillance program

August 14, 2018 |

At a gathering of corporate travel managers, the head of the Transportation Security Administration defended a once little-known program to target airline passengers whose travel patterns raise suspicions.

During an on-stage discussion before thousands of travel managers and in an interview, TSA…


L.A. Times – Business

McDonald’s plans to modernize 550 California outlets with ordering kiosks and table service

August 14, 2018 |

McDonald’s Corp. and its franchisees plan to spend $ 390 million to update 550 McDonald’s restaurants in California through 2019.

McDonald’s is modernizing its dining rooms, installing new digital menu boards and providing self-order kiosks inside its restaurants, among other improvements.

The kiosks…


L.A. Times – Business

U.S. economy will grow 3.1% this year and then slow, Congressional Budget Office projects

August 14, 2018 |

The U.S. economy is projected to grow 3.1% this year as more government spending and tax cuts help propel an expansion, the Congressional Budget Office said Monday.

But the robust run of growth may stall as early as next year, with the U.S. economy expected to slow in 2019 and during the following…


L.A. Times – Business

Kids are shopping online more. Here’s how brands are courting them

August 13, 2018 |

Nine-year-old Isabella Colello shops for just about everything online.

She scrolls through the Amazon app on her phone at least once a day. She gets ideas from YouTube, searches on Google for things she wants and sends the links to her dad: pink swimsuits, earrings, Adidas sneakers (he said yes);…


L.A. Times – Business

Can consumer loans ever be so expensive they break the law? The California Supreme Court says yes

August 13, 2018 |

California’s high court has ruled that interest rates on consumer loans can be so high that they become “unconscionable” and, therefore, illegal — a decision that could upend the state’s subprime loan market.

In a unanimous opinion released Monday morning, California Supreme Court justices said…


L.A. Times – Business

Stocks open slightly higher

August 13, 2018 |

Stocks opened slightly higher on Wall Street on Monday, led by gains in technology and healthcare companies.

Consumer-focused companies were also higher in early trading. Amazon rose 1.1%.

Marketing and media information company Nielsen soared 14% after activist investor Elliott Management disclosed…


L.A. Times – Business