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Economy

ABC News: Money

Markets Right Now: Stocks rise, building on recent New! 2019-06-17 11:56:54Stocks are moving broadly higher on Wall Street as the market builds on two weeks of gains.

Fed likely to leave rates alone but signal New! 2019-06-17 11:56:52Fed is expected to leave rates alone but to signal willingness to ease credit to aid economy

LAPD investigates officer's actions in Costco shooting New! 2019-06-17 11:30:14As the Los Angeles Police Department gathers evidence and video footage, authorities remain tight-lipped about what provoked a Friday night confrontat

Patrick Drahi taking Sotheby's private in deal worth New! 2019-06-17 11:02:01Billionaire Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion

US stocks edge higher after 2 weeks of New! 2019-06-17 10:35:41U.S. stocks edged higher in early trading on Wall Street following two weeks of gains.

The New York auction house Sotheby's is being New! 2019-06-17 09:11:26The New York auction house Sotheby's is being sold to French Israeli businessman Patrick Drahi for almost $4 billion

Pfizer to buy Array BioPharma in deal worth New! 2019-06-17 08:29:37Pfizer is buying the cancer treatment company Array BioPharma in a deal worth $11.4 billion

Global shares mixed as investors look ahead to New! 2019-06-17 08:14:45Global shares are trading mixed amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China

Pfizer is buying the cancer treatment company Array New! 2019-06-17 06:57:26Pfizer is buying the cancer treatment company Array BioPharma in a deal worth more than $11 billion

Interest rates are down, so is it time New! 2019-06-17 03:01:12How to decide whether to refinance your mortgage

This Week: Housing starts, Fed policy update, Slack New! 2019-06-17 01:11:11This Week: Housing starts, Fed policy update, Slack IPO

Asian shares mostly higher as investors look ahead New! 2019-06-16 23:37:00Asian shares are trading mostly higher amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and C

Reuters: Business News

Virgin Atlantic orders 14 Airbus A330neos, with further New! 2019-06-17 11:46:21Europe's Airbus has agreed to sell 14 A330neo wide-body passenger jets to Virgin Atlantic in a deal valued at $4.1 billion, the companies announced a

Airbus faces cabin comfort dilemma as it launches New! 2019-06-17 11:46:21Airbus has broken records by launching the longest-range narrow-body jetliner at the Paris Airshow, but planemakers are having to rethink their mantra

UK hopes Trump and Xi can ease trade New! 2019-06-17 11:34:02Britain hopes that U.S. President Donald Trump and Chinese President Xi Jinping can make progress on easing trade tensions when they meet later this m

U.S. businesses beg to be left off Trump's New! 2019-06-17 11:34:02Hundreds of U.S. businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the U.S. Trade Representative's Offi

Global stocks, yields steady with focus on Fed, New! 2019-06-17 11:14:40A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as

Billionaire Patrick Drahi agrees to buy Sotheby's in New! 2019-06-17 11:13:52Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy historic art auction house Sotheby's in a deal worth $

Drahi says to keep focus on TMT businesses New! 2019-06-17 11:13:37Billionaire Patrick Drahi said on Monday he would remain focused on his main telecoms and media businesses and would not sell any shares in his Altice

Boeing dealt new blow as Airbus launches long-range New! 2019-06-17 11:12:13Boeing suffered a fresh setback on the opening of the Paris Airshow on Monday as its engine supplier announced a delay for the U.S. planemaker's all-

Factbox: Airbus and Boeing aircraft deals at Paris New! 2019-06-17 11:12:00Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

Spain joins France and Germany in race to New! 2019-06-17 11:10:44Spain on Monday joined a Franco-German project to build a next-generation fighter jet, an initiative touted as key to ensuring Europe can defend itsel

Canada backs startup to boost data on space New! 2019-06-17 11:10:44The Canadian government's contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially availab

Boeing says will take time to win back New! 2019-06-17 11:10:44The head of Boeing said on Sunday the U.S. planemaker had made a mistake in implementing a faulty cockpit warning system on the 737 MAX and predicted

L.A. Times - Business

Boeing apologizes for Max crashes as Airbus rakes New! 2019-06-17 11:30:00Boeing executives apologized Monday to airlines and to families of victims of crashes of the company’s 737 Max in Indonesia and Ethiopia as the

Amazon pulls back from original kids programming New! 2019-06-17 10:00:00As Netflix and Amazon have battled for dominance in the streaming wars, they’ve spent years building up an arsenal of original shows and films t

Lawsuit: Black Boeing worker harassed, found noose at New! 2019-06-17 10:00:00A black man who has worked for a decade at a Boeing plant in South Carolina says he’s been routinely subjected to racist harassment. News outlet

California Inc.: To infinity and the box office New! 2019-06-17 08:00:00Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. I'm Business columnist David Lazarus, and here's a rundown of

Huawei founder says revenue will be billions below New! 2019-06-17 03:25:00Huawei's founder likened his company to a badly damaged plane Monday and said revenues would be $30 billion less than forecast over the next two year

Two years in, Amazon has hardly launched a 2019-06-16 09:00:00This weekend will mark two years since Amazon.com Inc. announced it was acquiring Whole Foods Market. It was a thunderclap that demonstrated Amazon&rs

Landlords rip out escalators and walls to attract 2019-06-16 07:00:00Google’s January announcement that it would take over much of the failed Westside Pavilion shopping center, which is becoming offices, showed te

Angela Reddock-Wright helps keep businesses, and people, out 2019-06-16 07:00:00Angela Reddock-Wright, 49, is president of the Southern California Mediation Assn., which describes itself as “the biggest professional mediator

When family balks at paying their fair share 2019-06-16 06:00:00Dear Liz: I inherited half a duplex from my parents. They were partners with my aunt and uncle. When alive, all parties shared expenses for the common

Impossible Burger shortages hit restaurants as the meat-free 2019-06-15 07:00:00Restaurant chains Red Robin and White Castle are reporting shortages of Impossible Foods Inc.’s popular meat-free patties, underscoring the pres

Drug makers sue Trump administration to halt rule 2019-06-14 19:10:00Some of the biggest pharmaceutical companies in the U.S. sued the Trump administration to try to block a rule that would force them to put the price o

Stocks are dragged down by chipmakers and U.S.-China 2019-06-14 18:55:00Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates.

Economy

Homebuilder sentiment inches lower despite demand for single-family New! 2019-06-17 10:00:00The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the

Amazon responds to Ocasio-Cortez's claim that it pays New! 2019-06-17 09:37:00Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a t

A key manufacturing gauge just saw its biggest New! 2019-06-17 09:27:00The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest since 2001.

US companies' message to Trump: Don't expand China New! 2019-06-17 08:42:00Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. c

US business inventories rebound; sales fall 2019-06-14 10:15:00U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on economic growth in the second

The Fed is likely to drop 'patient' word 2019-06-14 10:13:00The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.

Half of Americans say their financial situation hasn't 2019-06-14 09:49:00The Great Recession ended a decade ago. Many Americans are still waiting for their finances to improve.

Trump says stock market would be '10,000 points 2019-06-14 09:13:00Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the central bank.

US retail sales rose in May, while April 2019-06-14 08:30:00U.S. retail sales were expected to rise 0.6% in May, after slipping 0.2% a month earlier.

CEO optimism takes a hit in the second 2019-06-13 10:03:00The Business Roundtable's CEO Economic Outlook Index fell by 5.7 points in the second quarter to 89.5.

US import prices post the largest drop in 2019-06-13 08:49:00U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation that str

US weekly jobless claims unexpectedly rise, sparking fears 2019-06-13 08:31:00First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims reported for the previous week