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Tech and bank stocks lead early gains

Technology companies and banks are leading stock indexes modestly higher in early trading on Wall Street. Apple rose 1.7% in the first few minutes of trading Monday, while Google's parent company, Alphabet, gained 1.6%. Bank of America gained 1.4%. The Standard & Poor's 500 index rose 10 points,...
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Snap executives sell $9 million worth of stock at first opportunity
Thu, 17 Aug 2017 03:25:00 +0200
Three of Snap Inc.’s top executives sold their first batch of company shares, picking up an estimated $9.3 million, according to federal disclosures.Employees at the Snapchat maker became free Monday to sell shares awarded through options or other compensation...
© LA Times
California beer maker has the last laugh in his German brewery
Tue, 08 Aug 2017 15:00:00 +0200
Some Germans thought Greg Koch was courageous. Others considered the Californian crazy. In one of the world’s biggest beer drinking countries, already saturated with 1,388 breweries and 5,000 brands of beer, the entrepreneur from San Diego was determined...
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Chanting 'blood and soil!' white nationalists with torches march on University of Virginia
Sat, 12 Aug 2017 06:30:00 +0200
Chanting "blood and soil,” “white lives matter” and “you will not replace us,” scores of white nationalists holding torches marched across the University of Virginia campus in Charlottesville on Friday night. Scuffles broke out between them...
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NantHealth to cut 300 employees, will sell some assets to Allscripts
Fri, 11 Aug 2017 23:20:00 +0200
Los Angeles billionaire Patrick Soon-Shiong’s NantHealth Inc. said it would cut about 300 employees and sell some assets as the biotech company looks to focus on artificial intelligence for cancer treatment. The Culver City company said Thursday that...
© LA Times
South Koreans are surprisingly blase about civil defense. Why?
Wed, 09 Aug 2017 17:15:00 +0200
At the highest levels in South Korea, the fiery rhetoric exchanged this week by Washington and Pyongyang over nuclear weapons has prompted extraordinary concern — even for a nation that’s been technically at war for several decades. South Korea’s...
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Eclipse prompts California power grid changes when solar energy supply dips
Fri, 18 Aug 2017 21:10:00 +0200
Although the moon will push in front of the sun and darken the skies on Monday, California’s solar-heavy electricity grid isn’t expected to run short on energy to power homes, businesses and industry. The manager of the state’s electricity grid,...
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Uber's Travis Kalanick punches back against the Benchmark lawsuit targeting him
Fri, 18 Aug 2017 20:30:00 +0200
Uber’s co-founder and former chief executive, Travis Kalanick, has struck back at venture capital firm Benchmark: In seeking to dismiss a fraud lawsuit Benchmark filed against him, he called the suit a “smear campaign” and characterized the firm’s...
© LA Times
Rutgers planning to throw hot tub party in its student section at football game
Fri, 18 Aug 2017 20:10:00 +0200
Rutgers football has been hard pressed to attract students to attend home games in recent years. The school has seen a decline in average home game attendance at High Point Solutions Stadium of nearly 6,000 fans since 2014. The student section has often...
© LA Times
From intern to CEO, 30 years later Wendy Rogers reaches the top at Irvine architecture firm
Fri, 18 Aug 2017 20:00:00 +0200
Wendy Rogers started at LPA Inc. as an intern. Now she's the chief executive officer.
© LA Times
More groups ditch plans for fundraisers at Mar-A-Lago
Fri, 18 Aug 2017 19:50:00 +0200
The American Red Cross and the Salvation Army became the latest charitable organizations Friday to abandon plans for events at President Donald Trump’s Mar-a-Lago resort. They’re among several philanthropic groups canceling plans at the resort as...
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Hunt continues for Spain terror suspect as first victims are identified and death toll rises
Fri, 18 Aug 2017 18:50:00 +0200
As the death toll from Spain’s terrorist attacks rose to 14, police were still hunting Friday for the driver of the van that plowed at high speeds into pedestrians on a popular promenade in Barcelona. Meanwhile, on Friday eight people were stabbed and...
© LA Times
Steve Bannon out as Trump's chief strategist
Fri, 18 Aug 2017 18:40:00 +0200
Steve Bannon, President Trump's self-styled liaison to the far right, has departed the White House in the latest staff turmoil, the White House said in a statement. “White House Chief of Staff John Kelly and Steve Bannon have mutually agreed today would...
© LA Times
Bevy of belts should boost boxer Terence Crawford's pound-for-pound standing
Fri, 18 Aug 2017 18:30:00 +0200
The obligatory talks surrounding Saturday night’s bout focused on Terence Crawford’s plan to defeat mutual two-belt 140-pound champion Julius Indongo and become the division’s unified champion. But the real discussions began after the pleasantries...
© LA Times
Eagles' Chris Long supports teammate Malcolm Jenkins during national anthem protest
Fri, 18 Aug 2017 18:15:00 +0200
Chris Long, the Philadelphia defensive end who grew up in Charlottesville, Va., put his arm around teammate Malcolm Jenkins as a show of unity during the national anthem before the Eagles' exhibition game Thursday night against Buffalo. Jenkins stood...
© LA Times
California adds 82,600 jobs in July; unemployment rate rises to 4.8%
Fri, 18 Aug 2017 18:10:00 +0200
California employers increased their payrolls by 82,600 jobs in July, though the state’s unemployment rate rose to 4.8%, according to data released Friday by the state’s Employment Development Department. The state’s unemployment rate in June was...
© LA Times
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