Los Angeles business news

Ebola Vaccine Makers' Shares Rise After 1st U.S. Case
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Ebola Vaccine Makers' Shares Rise After 1st U.S. Case

Shares of some companies that are studying potential vaccines for Ebola climbed after federal officials announced that the first case of the disease has been diagnosed in the U.S. Ebola is believed to have sickened more than 6,500 people in West Africa, and more than 3,000 people... Read »

53 minutes ago
World's Biggest-Ever IPO: Alibaba Priced at $68 a Share

World's Biggest-Ever IPO: Alibaba Priced at $68 a Share

Alibaba has priced its initial public offering at $68 per share, near the upper end of its expected range, ahead of... Read »

Sep 18, 2014
iPhone 6 Pre-Orders Set 1st-Day Record for Apple

iPhone 6 Pre-Orders Set 1st-Day Record for Apple

Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial... Read »

Sep 15, 2014
Home Depot Confirms Credit Card Data Breach

Home Depot Confirms Credit Card Data Breach

It's official: Home Depot has suffered a credit card data breach, the home improvement superstore confirmed Monday... Read »

Sep 8, 2014
PHOTOS: See Southwest Airlines' New Look

PHOTOS: See Southwest Airlines' New Look

Southwest Airlines will put a new paint job on its planes, adding a splash of bright color as it enters middle... Watch »

Sep 8, 2014
Chick-fil-A Founder Truett Cathy Dies at 93

Chick-fil-A Founder Truett Cathy Dies at 93

S. Truett Cathy, who started a postwar diner in Atlanta that grew into the Chick-fil-A restaurant chain, died at the... Read »

Sep 8, 2014
CVS Renames Itself, Goes Tobacco Free Early

CVS Renames Itself, Goes Tobacco Free Early

CVS, the nation's second-largest drugstore chain, will tweak its corporate name and stop the sale of tobacco nearly... Read »

Sep 9, 2014
Abercrombie Dropping Logo to Boost Brand

Abercrombie Dropping Logo to Boost Brand

The Abercrombie & Fitch logo has lost the power it once wielded, so the struggling teen retailer plans to strip... Read »

Aug 29, 2014
Market Basket Board OKs $1.5 Billion Sale to Ousted CEO

Market Basket Board OKs $1.5 Billion Sale to Ousted CEO

Market Basket's board of directors has signed a deal to sell the grocery chain to former CEO Arthur T. Watch »

Aug 28, 2014
AA Pulls Fares Off Orbitz.com

AA Pulls Fares Off Orbitz.com

American Airlines says they've pulled their fares off of websites powered by Orbitz after being unable to come... Watch »

Aug 28, 2014

"Millennial" Market Not Lovin' McDonald's: Report

It looks like millennials aren’t munching on McDonald’s as much as they used to. Read »

Aug 26, 2014
Burger King Buying Tim Hortons for About $11B

Burger King Buying Tim Hortons for About $11B

Burger King is buying Canadian coffee-and-doughnut chain Tim Hortons Inc. for about $11 billion, creating... Read »

Aug 26, 2014
Amazon Buying Twitch for $970 Million in Cash

Amazon Buying Twitch for $970 Million in Cash

Amazon is buying video game streaming platform Twitch Interactive for $970 million in cash as it seeks to expand its... Read »

Aug 28, 2014
Clippers Owner Ballmer Steps Down From Microsoft

Clippers Owner Ballmer Steps Down From Microsoft

Steve Ballmer on Tuesday left Microsoft's Board of Directors, citing new commitments as owner of the Los... Read »

Aug 19, 2014
McDonald's to Sell Packaged Coffee in Supermarkets: Report

McDonald's to Sell Packaged Coffee in Supermarkets: Report

Fans of McCafe will be lovin’ the latest McDonald’s news. The fast food chain announced plans to start selling its... Read »

Aug 19, 2014
Cisco to Lay Off Up to 6,000 Workers

Cisco to Lay Off Up to 6,000 Workers

Cisco says it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a Read »

Aug 13, 2014
LinkedIn to Pay $6 Million in Unpaid Wages, Damages

LinkedIn to Pay $6 Million in Unpaid Wages, Damages

The Labor Department says the professional networking service LinkedIn has agreed to pay nearly $6 million in unpaid... Read »

Aug 4, 2014
Google Buys Music Streaming Service Songza

Google Buys Music Streaming Service Songza

In an effort to play a role in the online music business, Google has acquired streaming music service... Read »

Jul 1, 2014
George Lucas

George Lucas "Star Wars" Museum to Head to Chicago

Chicago has come out on top in the intense competition for the Lucas Cultural Arts Museum. City Hall... Watch »

Jun 26, 2014
Amazon to Launch Local Services Marketplace This Year: Report

Amazon to Launch Local Services Marketplace This Year: Report

Amazon later this year plans to launch a marketplace for local services that provides information that... Read »

Jun 10, 2014
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Running Dry
Coverage of the California drought. Read more
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