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| April 23, 2018

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LA Times Archives - Page 2 of 1143 -

Toys R Us accepts $237-million bid from Toronto firm to buy its stores in Canada

April 22, 2018 |

A Toronto investment firm run by billionaire Prem Watsa has reached a $ 237-million deal to acquire the 82 Toys R Us stores that the bankrupt retailer operates in Canada — topping an offer by California toy mogul Isaac Larian.

The agreement puts Fairfax Financial Holdings Ltd. in the so-called stalking…


L.A. Times – Business

Romaine lettuce E. coli contamination warning widened

April 22, 2018 |

Federal health officials have extended their health warning for romaine lettuce grown in the Yuma, Ariz., region. Consumers now are advised to avoid all forms of the lettuce.

Previous warnings highlighted chopped, packaged romaine and salad mixes containing the variety.

The expansion came after…


L.A. Times – Business

How much has once-dreary Hollywood changed? Try $6,600 a month for a 2-bedroom apartment

April 21, 2018 |

Monthly rents for a deluxe apartment tower called Argyle House opening next month start at $ 3,395 for a studio, $ 4,395 for a one-bedroom and $ 6,595 for two bedrooms.

The location? Not Beverly Hills, not Santa Monica, but the once-dreary intersection of Argyle Avenue and Yucca Street in Hollywood.


L.A. Times – Business

Lauren McGoodwin couldn’t find a good women’s career-promoting business, so she built one herself

April 21, 2018 |

Lauren McGoodwin is the founder and chief executive of Career Contessa, an online platform designed to help women search for the best job opportunities and perform at a higher level when they get them.
L.A. Times – Business

Sixt came to the U.S. in 2011, and it’s already the nation’s fourth-largest car rental company

April 21, 2018 |

Sixt Rent-a-car is the second-biggest car rental company in Europe but entered the U.S. market only in 2011.

But the German multinational rental company — with a decided Teutonic flair — has grown so fast that it is now the fourth-largest car rental company in the U.S., with five locations in Los…


L.A. Times – Business

Raids and tariffs? We’ll take our lumps, say California farmers

April 21, 2018 |

Hit by immigration raids and tariffs on their products, farmers in California could be regretting their support of Trump for president. They’re not. They’ll take one for the team, even if it means losing labor and profit, because they can’t stand the regulations that they associate with Democrats.
L.A. Times – Business

FAA orders emergency plane-engine inspections after fatal Southwest accident

April 21, 2018 |

U.S. aviation regulators ordered emergency inspections of one of the world’s most popular jet engines after the fatal accident this week on a Southwest Airlines Co. plane.

The Federal Aviation Administration order, issued Friday, covers an estimated 352 CFM International Inc. engines in the United…


L.A. Times – Business

AT&T and Verizon are under federal investigation for potential collusion

April 21, 2018 |

The Justice Department is investigating potential efforts by AT&T and Verizon to hamstring a technology that could someday make it easier for consumers to seamlessly switch their wireless carriers, according to three people familiar with the matter.

The investigation appears to focus on whether…


L.A. Times – Business

U.S. reportedly raises objections to state-run Chinese company taking control of Long Beach port terminal

April 20, 2018 |

U.S. regulators are reportedly raising objections that Cosco Shipping, a state-run Chinese company, could take control of a container terminal at the Port of Long Beach as part of its $ 6.3-billion acquisition of another company.

The concerns have been raised by the Committee on Foreign Investment…


L.A. Times – Business

Most of Trump’s merchandising empire has faded

April 20, 2018 |

Before he ran for office, Donald Trump made millions of dollars by selling his name to adorn other people’s products. There was Trump deodorant. Trump ties. Trump steaks. Trump underwear. Trump furniture. At one time, there was even a Trump-branded urine test.

Now, almost all of them are gone.


L.A. Times – Business