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| April 30, 2017

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Stocks rally, lifted by company earnings

April 21, 2017 |

U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy.

For more than a week, investors have been poring through company earnings for signs the…


L.A. Times – Business

Jupiter’s Great Red Spot Has Some Company

April 12, 2017 |

It looks like Jupiter’s famous Great Red Spot has some company. Astronomers recently discovered a second spot located high in Jupiter’s atmosphere, according to a study published Tuesday in Geophysical Research Letters . According to a press release , astronomers are calling this new spot the “Great Cold Spot.” Ars Technica reports…
Newser

A maintenance vendor owned by an HOA management company creates an inherent conflict of interest

April 8, 2017 |

Question: As a board director I cannot get the other directors to adhere to a rule that the board implemented. The rule requires all vendor work over $ 2,000 to be submitted for bidding by three unrelated, competent vendors.

The problem is the management company operates its own maintenance vendor….


L.A. Times – Business

FCC modifies Internet service requirements for Charter cable company

April 3, 2017 |

The Republican-led Federal Communications Commission has relaxed a requirement intended to spur competition that the previous administration had placed on Charter Communications.

During last year’s regulatory review of Charter’s acquisition of Time Warner Cable, the FCC ordered Charter to significantly…


L.A. Times – Business

Theranos Offers Shares for Promise Not to Sue the Company

March 24, 2017 |

A deal approved by Theranos’s board would give investors who pledge not to sue the battered blood-testing company some shares from founder Elizabeth Holmes’s personal stake.
WSJ.com: US Business

The new rocket from Jeff Bezos’ space company has its first customer

March 7, 2017 |

French satellite operator Eutelsat will be the first commercial customer for Blue Origin’s New Glenn rocket, the two companies announced Tuesday.

Eutelsat said it will launch a satellite on the rocket sometime in 2021 or 2022. New Glenn, it said, is still being developed and is expected to start…


L.A. Times – Business

5 Best, 5 Worst Company Reputations

March 4, 2017 |

Congrats, Amazon. The company has the best reputation among American consumers, according to 24/7 Wall St. , which lists the companies with the best and worst reputations based on the 2017 Harris Poll and American Customer Satisfaction Index. The top five in each category, with a reputation score out of 100:…
Newser

Snapchat Parent Company Passes Big Wall Street Test

March 1, 2017 |

For Snap Inc., a social media company that started its official bid to go public last Halloween, the looming question now is whether investors are in for a trick or a treat. Snap passed its first major test on Wall Street on Wednesday, when the company behind the popular messaging…
Newser

Toshiba chairman resigns after company suffers $6.3 billion loss in its nuclear business

February 14, 2017 |

Japanese electronics and energy giant Toshiba Corp. says its chairman is resigning to take responsibility for problems that will result in a $ 6.3 billion loss in its nuclear business.

Toshiba warned that all the estimates it announced Tuesday may change “by a wide margin,” because of uncertainties….


L.A. Times – Business