In Other News

After big reopening, LA’s Angels Flight railway is closed again

City News Service|

LA Times owner Tronc buys New York Daily News

NEW YORK — The owner of two of the country’s largest newspapers has purchased the New York Daily News, a tabloid that is famous for generations of hard-punching reporting and irreverent headlines but that has struggled recently to find i...

By JENNIFER PELTZ Associated Press|


  • Government taxation and revenue

    Here we go again: California does the Taxes Two-Step

    At this point, it’s practically a California tradition. First, state judges find a loophole in California’s constitutional bulwark against new, higher taxes. Then conservative legislators and anti-tax activists rush in to patch the hole with a new ballot proposition. This week, the state Supreme Court made the first move in this familiar two-step by issuing a ruling that both anti-tax crusaders and proponents of more local investment say could make it much easier...

    By Ben Christopher CALmatters|

  • Business

    Lyft extends service throughout 32 states

    DETROIT — Lyft is driving into the countryside in an effort to raise ridership and steal market share from rival Uber. The much smaller Lyft announced Thursday that it is offering service to passengers in every corner of 32 U.S. states, including hard-to-reach rural areas. The move boosts the number of states with full coverage to 40. Uber, which controls about 70 percent of the U.S. ride-hailing market, says it has near-statewide coverage in nine states. A spokeswoman was...

    By TOM KRISHER AP Auto Writer|

  • Consumer banking

    Wells Fargo fake account total grows to 3.5 million

    NEW YORK — The scope of Wells Fargo’s fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers’ permission between 2009 and 2016. Wells Fargo also acknowledged that roughly half a million of the newly discovered accounts were missed during the original review of the years 2011 to 2015 when the bank admitted the scandal nearly a year ago. After Wells Fargo said last year...

    By KEN SWEET AP Business Writer|

  • Tax reform

    Trump pushes tax overhaul to ‘bring back Main Street’

    SPRINGFIELD, Mo. >> President Donald Trump launched his fall push to overhaul the nation’s tax system by pledging Wednesday that the details-to-come plan would “bring back Main Street” by reducing the crushing tax burden on middle-class Americans, making a populist appeal for a proposal expected to heavily benefit corporate America. Trump said his vision for re-writing the tax system, a key campaign pledge, would unlock stronger economic growth and benefit...

    By Catherine Lucey and Ken Thomas The Associated Press|

  • Grocery store operators

    What grocery shoppers want: Low prices, one-stop shopping

    NEW YORK >> Lower prices and convenience are high on the shopping list of what people want when it comes to groceries. The splashy price cuts Amazon made as the new owner of Whole Foods attracted some curious customers. But whether shoppers who found cheaper alternatives to Whole Foods will return, or those who never visited will give it a try, may help determine what effect the deal has on how and where people get groceries. Shoppers who talked with The Associated...

    By Joseph Pisani AP Business Writer|

  • Mobile networks

    Local leaders oppose state law that could turn utility poles into cell phone towers

    Local political and community leaders voiced staunch opposition Wednesday to a proposed state law they have branded a big “power grab” by the telecommunications industry. The legislation, Senate Bill 649, aims to streamline bureaucratic processes for telecommunications giants, such as Verizon and AT&T, by stripping local governments of their ability to impose conditions — aesthetic or otherwise — on “small-cell” wireless transmitters, a...

    Courtney Tompkins

  • Business

    Construction firms can’t find enough skilled workers amid too much demand for fixing up homes, granny flats

    Construction firms are grappling with a shortage of workers, and contractors in California and other western states are among the hardest hit. That’s the upshot of an industry-wide survey released this week from Autodesk and the Associated General Contractors of America.

    Kevin Smith

  • Business

    This survey found the gap in pay between men and women tech workers in LA is growing

    Women in the Los Angeles area are out-earning men in several key industries, but their pay in computer and math-related occupations still lags, according to a report released this week. LiveStories, which aggregates public financial data, reported that women workers in office and administrative support and community and social services actually make more than men. But...

    Kevin Smith

  • Emissions-reduction technology

    New emission-cutting technology expected for Torrance refinery

    A yearlong pilot project using new technology designed to cut nitrogen oxide emissions at the Torrance refinery is expected to win approval Friday from the governing board of the region’s air pollution watchdog. The Technology Committee of the South Coast Air Quality Management District has recommended the board approve the proposal when it meets at 9 a.m. Friday in Diamond Bar. The costs of the $960,00 project will be shared equally between the district, PBF Energy, owner...

    Nick Green

  • Retail

    Move over Two-Buck Chuck: Target debuts $5 California Roots wine

    Two-Buck Chuck, you’ve got some company.Target on Monday announced it’s rolling out a new line of bargain wines, a $5 bottle called California Roots.The wine comes in five blends made from California grapes: chardonnay, pinot grigio, moscato, cabernet sauvignon, and a red blend.Sound familiar? Monrovia-based Trader Joe’s in 2002 launched its popular Charles Shaw Wines at $1.99 a bottle. They are available in chardonnay, merlot, cabernet sauvignon, shiraz,...

    Nancy Luna

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