Los Angeles business news

Nike Chairman, Co-Founder Phil Knight to Step Down in 2016
Photo: AP

Nike Chairman, Co-Founder Phil Knight to Step Down in 2016

Nike co-founder Phil Knight will step down from his position as chairman of the sportswear juggernaut in 2016, the company said. Read »

Jun 30, 2015
What's Going on in Greece? And How It Affects You

What's Going on in Greece? And How It Affects You

Monday's stock slide has investors nervously awaiting Tuesday's opening bell amid the Greek Crisis and an emerging... Watch »

Jun 30, 2015
Action Needed Now to Slow Climate Change: WH

Action Needed Now to Slow Climate Change: WH

Failure to act on climate change could cause an estimated 57,000 deaths a year in the United States from poor air... Read »

Jun 23, 2015
Airline Stocks Slide on Dismal American, Southwest Forecasts

Airline Stocks Slide on Dismal American, Southwest Forecasts

Airlines stocks fell again Tuesday after disappointing monthly reports from American and Southwest suggested that... Read »

Jun 10, 2015
Some Starbucks Customers Hacked: Expert

Some Starbucks Customers Hacked: Expert

Some Starbucks customers who paid using gift cards, apps and mobile payment systems have been hacked, cyber security... Read »

May 12, 2015
Netflix Wants Changes in AT&T-DirecTV Deal

Netflix Wants Changes in AT&T-DirecTV Deal

Internet video service Netflix is telling the Federal Communications Commission that it should reject AT&T's... Read »

May 6, 2015
Fed Appears No Closer to Rate Hike

Fed Appears No Closer to Rate Hike

The Federal Reserve downgraded its assessment of the U.S. economy Wednesday after a winter in which growth nearly... Read »

Apr 29, 2015
Apple Surges on Blowout Earnings Report

Apple Surges on Blowout Earnings Report

Apple reported another huge quarter for earnings, powered mostly by iPhone sales, as the stock surged 1.2 percent in... Read »

Apr 27, 2015
Amazon Promises One-Button Shopping With

Amazon Promises One-Button Shopping With "Dash"

Amazon Prime subscribers will soon be able to order everyday products with the push of a single button, thanks to... Read »

Mar 31, 2015
Pepsi Takes Back No. 2 Spot From Diet Coke

Pepsi Takes Back No. 2 Spot From Diet Coke

Americans bought less soda for the 10th straight year in 2014, with diet sodas shrinking more than their sugary... Read »

Mar 27, 2015
Taco Bell's Waffle Taco Is Dead; Biscuit Taco to Replace

Taco Bell's Waffle Taco Is Dead; Biscuit Taco to Replace

The newest weapon in the breakfast wars is a biscuit shaped like a taco. Read »

Mar 24, 2015
Cheap Wines Bring Costly Health Risks, Lawsuit Alleges

Cheap Wines Bring Costly Health Risks, Lawsuit Alleges

Many popular, inexpensive brands of wine made and distributed in California, including Trader Joe's famed "Two... Read »

Mar 20, 2015
Fed Hints at Rate Hike, Won't Say When

Fed Hints at Rate Hike, Won't Say When

The Federal Reserve made its first overtures on Wednesday that it is seeking to hike interest rates, but Fed Chair... Read »

Mar 19, 2015
Chicago McDonald's Faces Complaints Over Employee Burns

Chicago McDonald's Faces Complaints Over Employee Burns

McDonald's employees in Chicago lobbied for more safety standards at the restaurant. Demonstration comes one day... Watch »

Mar 17, 2015
Target to Cut Thousands of Jobs Over Next 2 Years: CEO

Target to Cut Thousands of Jobs Over Next 2 Years: CEO

Target's CEO said Tuesday that the huge American retailer plans to cut several thousand jobs over the next two years... Read »

Mar 3, 2015
Social Reaction to Chargers-Raiders Stadium News

Social Reaction to Chargers-Raiders Stadium News

News that rival professional football teams the San Diego Chargers and the Oakland Raiders are joining forces on... Read »

Feb 20, 2015
Cuba's New Luxury Niche: Elite Jumping Horses

Cuba's New Luxury Niche: Elite Jumping Horses

After Fidel Castro banned horse racing, the sport picked back up in 2005. Through horse racing, Cuba has found a way... Read »

Feb 19, 2015

Elite Jumping Horses of Cuba

Already renowned for fine rum and fancy cigars, Cuba is carving out a new luxury niche that is attracting Latin... View »

Feb 19, 2015
Toy Museum Announces Video Game Hall of Fame

Toy Museum Announces Video Game Hall of Fame

The museum that houses the National Toy Hall of Fame announced Tuesday the creation of the World Video Game Hall of... Read »

Feb 18, 2015
U.S. Gas Prices Falling Below $2

U.S. Gas Prices Falling Below $2

Now is the perfect time to start planning a road trip, because by the end the weekend, the national average for gas... Read »

Jan 22, 2015

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