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| October 24, 2018

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LA Times Archives - Page 3 of 1253 -

Stocks wobble at the end of another shaky week of trading

October 20, 2018 |

U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell shares of former favorites such as retailers. Household goods makers rose again as a week of choppy trading concluded.

Stocks surged in early trading after better-than-expected reports…


L.A. Times – Business

Alaska Airlines joins other carriers in charging more to check bags

October 20, 2018 |

Alaska Airlines, the plucky Seattle-based carrier that has won numerous customer satisfaction awards, is following the lead of its much larger rivals by increasing the fees it charges to check bags.

Starting with tickets bought Dec. 5, Alaska Airlines will raise checked bag fees to $ 30 from $ 25…


L.A. Times – Business

EBay sues Amazon, alleging a years-long scheme to poach sellers and dodge detection

October 20, 2018 |

Amazon.com Inc. representatives around the world have systematically set up dozens of EBay accounts and sent private messages to hundreds of top sellers — trying to poach them — and used “creative” ways to avoid detection, EBay alleges in a lawsuit.

In a complaint filed in San Jose this week, EBay…


L.A. Times – Business

Disney wins tentative approval from Bahamas for a cruise port on the island of Eleuthera

October 20, 2018 |

In a decision criticized by locals and environmentalists, the government of the Bahamas has given tentative approval to a plan by Disney Cruise Line to build a cruise port on the southern tip of the thin, 110-mile-long island of Eleuthera.

The port would be part of a 746-acre development by the…


L.A. Times – Business

Drinking before a flight is common. Now some fliers are turning to pot before takeoff

October 19, 2018 |

Commercial flights can be so stressful — cramped seats, delays, turbulence, loud seatmates — that more than 60% of travelers in a recent survey said they down a drink or two before heading to the airport.

But the survey by a drug treatment organization found that nearly as many fliers are now turning…


L.A. Times – Business

California unemployment rate drops to a new record low: 4.1%

October 19, 2018 |

California’s unemployment rate ticked down to 4.1% in September from 4.2% the previous month — the lowest rate in 42 years, according to the state’s Employment Development Department.

Payrolls in the state grew by 13,200 jobs compared with August, with the most gains coming in the business and…


L.A. Times – Business

Housing boom brings a new crop of tall towers

October 19, 2018 |

High-rise living, once a rarity in Southern California, is gaining new favor as reviving urban centers such as downtown L.A. and Hollywood attract thousands of new residents in search of neighborhoods with a big-city feel.

Los Angeles has especially encouraged dense development near transit hubs…


L.A. Times – Business

United Airlines says it won’t change its policy about carry-on bags for basic economy fliers

October 19, 2018 |

If you pay a bare-bones basic economy fare on United Airlines, don’t expect the carrier to cut you a break on your carry-on luggage.

The Chicago-based carrier has announced that it won’t follow the lead of its rival, American Airlines, which began in September to allow basic economy fliers to pack…


L.A. Times – Business

Tesla starts taking orders for shorter-range Model 3 and drops ‘full self-driving’ feature

October 19, 2018 |

Tesla Inc.’s long-promised $ 35,000 version of the Model 3 sedan is still nowhere to be found, but it’s inching closer to that price point.

The electric-car maker has started taking orders for a mid-range battery Model 3 that goes about 260 miles between charges for $ 45,000. That’s about $ 4,000…


L.A. Times – Business

Stocks sink on weak industrial earnings; tech skid resumes

October 19, 2018 |

U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrial firms and companies that rely on consumer spending.

Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as European Union…


L.A. Times – Business