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| December 12, 2017

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LA Times Archives - Page 3 of 1063 -

Incidents of severe disturbances on commercial flights climb

December 8, 2017 |

Fewer passengers became unruly on commercial flights last year but a bigger share of those incidents involved serious behavior problems such as fighting or threatening passengers and crew members.

That was the assessment by the International Air Transport Assn., the trade group for the world’s…


L.A. Times – Business

He’s spent 18 years doing R&D for Sony — and it hasn’t gotten old

December 8, 2017 |

Richard Marks never planned to stay at Sony for as long as he has.
L.A. Times – Business

Bitcoin’s price is skyrocketing. Even Uber drivers and house cleaners want in

December 8, 2017 |

Keith Ellison’s first hint that bitcoin was poised for a breakthrough was over the summer when a friend planning her nuptials sent an unusual text.

“She wanted to know whether to accept the wedding band’s offer of a discount in exchange for bitcoin,” said Ellison, a Manhattan Beach investment analyst,…


L.A. Times – Business

Edison’s stock price drop pegged to Southland wildfires

December 8, 2017 |

As wildfires spread through the Southland this week, Southern California Edison’s parent company saw its stock price plummet on investors’ fears that the utility could be forced to pay costs related to the blazes.

Wall Street’s initial response to the area’s many fires, the first of which started…


L.A. Times – Business

S&P 500 snaps losing streak as industrial and tech stocks rise

December 7, 2017 |

U.S. stock indexes perked up Thursday after a nearly weeklong lull, and the Standard & Poor’s 500 index rose for the first time in five days.

Industrial and technology companies helped lead the way as broad swaths of the market climbed. Nearly two stocks rose for every one that fell on the New…


L.A. Times – Business

Bitcoin’s price swings wildly, touching above $19,000

December 7, 2017 |

The price of bitcoin swung wildly Thursday, rising to more than $ 19,000 only to fall sharply within minutes. The frenzy surrounding the virtual currency escalated just days before it starts trading on a major U.S. exchange.

The frenzy even has parts of Wall Street concerned. A group of banks complained…


L.A. Times – Business

LA Weekly won’t get Erwin Chemerinsky’s money after all, and event vendors drop out

December 7, 2017 |

The outcry against LA Weekly’s new owners, which had already caused some advertisers to step back, now has also pushed away potential investor Erwin Chemerinsky.

And several vendors slated to offer drinks and desserts at the alternative newsweekly’s upcoming Sips and Sweets festival have decided…


L.A. Times – Business

République owners opening restaurant in downtown L.A.’s historic Herald Examiner building

December 7, 2017 |

The flurry of new development among some long-neglected blocks of downtown Los Angeles is pulling in thousands of new residents and overnight tourists — and some high-profile restaurateurs are next.

The founders of République, a lauded fine-dining establishment in Hancock Park, have agreed to open…


L.A. Times – Business

Job growth expected to keep slowing in California

December 7, 2017 |

California’s economic engine has slowed somewhat in 2017 and that’s expected to continue in coming years as employers have trouble finding workers in the expensive state, according to a new report.

The latest UCLA Anderson Forecast, released Wednesday, calls for job growth of 1.8% by year’s end,…


L.A. Times – Business

Consumer financial watchdog’s deputy director asks judge for injunction to replace Mick Mulvaney as acting chief

December 7, 2017 |

The deputy director of the Consumer Financial Protection Bureau is asking a federal judge for an injunction to install her as the agency’s acting chief in place of President Trump’s appointee, Mick Mulvaney.

The Wednesday night legal filing by Leandra English is the latest in the legal battle for…


L.A. Times – Business