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

| June 17, 2019

Scroll to top

Top

LA Times Archives - Page 2 of 1393 -

Impossible Burger shortages hit restaurants as the meat-free firm races rivals

June 15, 2019 |

Restaurant chains Red Robin and White Castle are reporting shortages of Impossible Foods Inc.’s popular meat-free patties, underscoring the pressure the plant-based food company faces trying to manufacture for the mass market and get a head start on a growing crop of rivals.

Calls to a dozen Red…


L.A. Times – Business

Stocks are dragged down by chipmakers and U.S.-China trade fears

June 15, 2019 |

Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates.

Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and insurers helped…


L.A. Times – Business

Drug makers sue Trump administration to halt rule that would put prices on TV

June 15, 2019 |

Some of the biggest pharmaceutical companies in the U.S. sued the Trump administration to try to block a rule that would force them to put the price of their drugs in television advertisements.

In the lawsuit filed in federal court Friday, Merck & Co., Eli Lilly & Co., Amgen Inc. and an advertising…


L.A. Times – Business

Sam Zell settles lawsuit over Tribune leveraged-buyout ‘deal from hell’

June 14, 2019 |

More than a decade after Tribune Co. went private in a leveraged buyout that saddled the Los Angeles Times’ then-owner with $ 13 billion in debt and led to its bankruptcy, Sam Zell and dozens of former executives have agreed to pay $ 200 million to settle a lawsuit brought by unsecured creditors.


L.A. Times – Business

Chewy raises $1 billion in IPO, and stock soars in trading debut

June 14, 2019 |

PetSmart Inc.-controlled Chewy Inc. surged in its first day of trading after raising $ 1.02 billion in an initial public offering, as investors bet that pet owners will do more of their shopping online for cat food, dog sweaters, horse vitamins and other pet products.

Chewy’s shares opened at $ 36…


L.A. Times – Business

The 2020 Jeep Gladiator is a beastly pickup truck that’s built to be battered

June 14, 2019 |

With its 2020 Jeep Gladiator, Fiat Chrysler has delivered what amounts to a four-door Jeep Wrangler with a pickup truck stuck on its hind end.

It’s a sort of Jeep/truck hybrid, an off-road-ready puddle jumper that can carry a lot more cargo than the standard SUV.

The corporate thinking behind this…


L.A. Times – Business

Elon Musk’s tweets prompt SEC official to call for guidelines on CEOs’ social media use

June 14, 2019 |

Robert Jackson, one of the Securities and Exchange Commission’s four commissioners, said the agency should consider publishing new guidance on chief executives’ use of social media platforms such as Twitter and Facebook, in the wake of controversies involving Tesla founder Elon Musk.

“Without prejudging…


L.A. Times – Business

Wells Fargo’s interim CEO may turn permanent as other candidates back away

June 14, 2019 |

More than two months into Wells Fargo & Co.’s broad search for its next leader, a pitch to keep the company’s interim chief executive is gaining a bit of steam — thanks in part to the people who don’t want the job.

Several executives widely seen as attractive candidates have indicated they aren’t…


L.A. Times – Business

Target ups the ante in online delivery wars

June 14, 2019 |

How much would you be willing to pay to get your order of diapers within an hour or so?

In the latest salvo in the delivery wars, Target Corp. is offering same-day delivery on thousands of items for $ 9.99 per order through a delivery start-up it bought nearly two years ago.

Until now, Target shoppers…


L.A. Times – Business

Stocks rise, snapping their short losing streak

June 13, 2019 |

Energy and internet companies helped drive stocks on Wall Street broadly higher Thursday, snapping a two-day losing streak for the market in a choppy week of trading.

The gains were initially fueled by rising oil prices, which boosted energy companies after a suspected attack on two oil tankers


L.A. Times – Business