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| December 12, 2017

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LA Times Archives - Page 2 of 1063 -

Trump’s Transportation Department drops proposal to make airlines disclose bag fees

December 10, 2017 |

An Obama administration proposal that would have required airlines to disclose fees for checked and carry-on bags at the start of a ticket purchase rather than later is being dropped by the Department of Transportation.

The department said in a notice posted online Thursday that it is withdrawing…


L.A. Times – Business

Trump denies that Wells Fargo may avoid federal penalties for alleged mortgage lending abuses

December 10, 2017 |

President Trump on Friday denied a report that the federal consumer financial watchdog might drop sanctions against Wells Fargo & Co. for alleged mortgage lending abuses, and said the bank could face even tougher penalties.

Trump’s comments on Twitter appeared to be in response to a Reuters report


L.A. Times – Business

Strippers, drugs and sex at Banc of California, former executive alleges in lawsuit

December 9, 2017 |

Troubled Banc of California was a den of iniquity featuring on-premises sex, drugs and strippers, according to a lawsuit filed this week by a former employee.

Former small business loan department managing director Heather Endresen has charged that the bank terminated her without cause, days after…


L.A. Times – Business

When a landscaping project goes awry, sometimes it’s better to dig it up from the roots

December 9, 2017 |

QUESTION: Over the years, the exterior of our HOA development, from the perimeter wall to the public curb, has deteriorated, looking dated and dilapidated. To increase our property values, the board embarked on an ambitious “beautification” project. This consisted of removing large old mature trees…


L.A. Times – Business

Ugly sweater craze snags early boarding on Alaska Airlines

December 9, 2017 |

The ugly Christmas sweater craze hasn’t unraveled yet.

If you fly on an Alaska Airlines, Virgin America or Horizon Air flight Dec. 15, wearing an ugly Christmas sweater will get you into the coveted early boarding group, along with active members of the military and passengers with children.

As…


L.A. Times – Business

Beating expectations, U.S. employers add 228,000 jobs; unemployment rate stays at 4.1%

December 9, 2017 |

Another month of strong job growth showed that the U.S. economy is lifting more workers left out of the recovery and heading into next year with solid momentum, even as there are lingering uncertainties about the outlook for wages and inflation.

Employers added 228,000 net new jobs in November,…


L.A. Times – Business

Stocks rise after strong jobs report; S&P 500 sets a new record high

December 9, 2017 |

Stocks rose Friday after a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor’s 500 index to its third straight weekly gain despite some weakness earlier in the week.

The gains were widespread, and telecom and healthcare stocks helped lead the way. Overseas…


L.A. Times – Business

Investors in SLS Las Vegas sue, claim project was never profitable

December 9, 2017 |

Sixty Chinese investors who were promised U.S. permanent resident cards for investing in the SLS Las Vegas hotel and casino have sued the developers of the project, saying they never received the promised green cards.

The lawsuit, filed in Los Angeles County Superior Court last month, claims the…


L.A. Times – Business

Bryan Singer rape accuser says fear of being outed kept him from going to police in 2003

December 8, 2017 |

Cesar Sanchez-Guzman, who filed a lawsuit this week claiming that Hollywood director and producer Bryan Singer raped him when he was 17 years old in 2003, said in an interview Friday that fear of being outed as gay kept the then-high school student from reporting the attack to police.

Sanchez-Guzman,…


L.A. Times – Business

Are short-term plans better than none at all for those desperate for health coverage?

December 8, 2017 |

When one of Cindy Holtzman’s clients told the Woodstock, Ga., health insurance broker he was considering dropping his Affordable Care Act plan because next year’s cost approached $ 23,000 for his family of four, she suggested a new option: a back-to-back set of four, 90-day short-term plans, which…


L.A. Times – Business