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

| June 24, 2017

Scroll to top

Top

LA Times Archives - Page 2 of 961 -

L.A.’s Capital Group accused of bilking employees — by pushing its own mutual funds

June 22, 2017 |

Los Angeles finance giant Capital Group manages dozens of mutual funds, all of them run by human beings who pick individual stocks and bonds to buy or sell.

And the vast majority of the assets of the company’s employee retirement savings plan is invested in those same funds.

Now, a former Capital…


L.A. Times – Business

Stocks hold steady as oil’s dismal week eases

June 22, 2017 |

U.S. stock indexes were close to flat in early trading Thursday after the price of oil stabilized, at least for now.

This week has been dominated by oil’s tumbling price — which on Wednesday dropped to its lowest level since last summer — and how much it will affect the broader market.

KEEPING…


L.A. Times – Business

Ritz-Carlton plans to put its brand on luxury cruise ships

June 22, 2017 |

Ritz-Carlton is a brand that defined luxury in the lodging industry. Now, that name will be emblazoned on a new cruising and yachting venture aimed at upscale vacationers.

Marriott International Inc., the giant hospitality company that operates the chain, announced Thursday that it is launching…


L.A. Times – Business

California invested heavily in solar power. Now there’s so much that other states are sometimes paid to take it

June 22, 2017 |

On 14 days during March, Arizona utilities got a gift from California: free solar power.

Well, actually better than free. California produced so much solar power on those days that it paid Arizona to take excess electricity its residents weren’t using to avoid overloading its own power lines.

It…


L.A. Times – Business

George Clooney and partners agree to sell Casamigos tequila line for up to $1 billion

June 22, 2017 |

Actor George Clooney says he started his upscale tequila company Casamigos with two friends simply because they wanted to make a better tasting tequila.

Four years later, their product has a fast-growing following and Clooney and his partners Wednesday agreed to sell Casamigos — or “house of friends”…


L.A. Times – Business

Facing reports of allergic reactions to uniforms, American Airlines will look for new manufacturer

June 22, 2017 |

Responding to thousands of complaints that its new employee uniforms are causing an allergic reaction, American Airlines announced Wednesday that it won’t renew its contract with the manufacturer.

In a letter to employees, the Fort Worth-based airline said it has agreed with garment maker Twin…


L.A. Times – Business

Energy stocks dive again as oil drops, offsetting tech and healthcare gains

June 21, 2017 |

Energy stocks dived again Wednesday as oil dropped to its lowest price since last summer, extending their dismal start to the year. Gains for healthcare and technology stocks helped restrict losses for broader market indexes.

The Standard & Poor’s 500 index slipped 1.42 points, or 0.1%, to 2,435.61….


L.A. Times – Business

L.A. County median home price breaks record set during last decade’s housing boom

June 21, 2017 |

In summer 2007, the Los Angeles County median home price hit an all-time high of $ 550,000. It soon plunged as the housing bubble burst and the national economy crashed.

Now the median, the point where half the homes sold for more and half for less, has finally passed the heights of 10 years ago…


L.A. Times – Business

Supreme Court rules the Slants may trademark their name, striking down law banning offensive terms

June 21, 2017 |

The Supreme Court extended trademark protection on Monday to words and names that may be offensive, ruling that the 1st Amendment right to free speech allows an Asian American band to call itself the Slants.

The unanimous decision will also likely preserve the trademarked and controversial name…


L.A. Times – Business

Urban-style upgrade planned for Warner Center complex as Woodland Hills gets citified

June 21, 2017 |

One of Warner Center’s one-story rambling office parks is poised to go vertical as a new era of urbanization unfolds in the Woodland Hills neighborhood.

The proposed $ 1-billion development by Adler Realty Investments Inc. is one of many big real estate plans coming together in Warner Center, where…


L.A. Times – Business