Business

/

ArcaMax

Coalition formed to reverse the drop in international visitors to the U.S.

Business / Business News /

President Trump's statement about immigrants aren't solely responsible for the drop in international travel to the U.S. but they're not helping, according to members of a new industry coalition dedicated to promoting international tourism to the country.

The coalition, dubbed Visit U.S., formally launched Tuesday and is aimed at reversing a ...Read more

California congressman wants to ask Intel, AMD and ARM about Meltdown and Spectre

Business / Business News /

A California congressman wants to meet with the Top 3 microchip makers to better understand the implications of two security flaws that affect almost all computing devices in the world.

Rep. Jerry McNerney, D-Stockton, wrote a letter Tuesday to the CEOs of Intel, ARM and AMD to request a briefing. A member of the House Energy and Commerce ...Read more

Global businesses scramble to align with China's world view

Business / Business News /

Multinational businesses keen for a slice of the world's fastest-growing consumer market are finding they have to increasingly conform to China's world view if they want to stay in Beijing's good graces.

Companies from Marriott International Inc. to Qantas Airways Ltd. are scrambling to fall in line with China's stance on the treatment of ...Read more

As airlines post big profits, small communities lose service

Business / Business News /

For 35 years, Transfer Flow Inc. has been manufacturing after-market fuel tanks for pickup trucks out of Chico, Calif., which means employees must make regular trips from the quiet college town to meet with clients and potential business partners.

That has become especially difficult since regular commercial air service ended at Chico Municipal...Read more

Tech Q&A: Chip security fix hurts some PCs

Business / Business News /

Q: On Jan. 8, my 10-year-old, custom-built Windows 7 PC crashed. (I got the "blue screen of death.") My technician wonders whether I'm the victim of Microsoft's software patches for the AMD processor chip security problems, which locked up some computers. (The small Oregon firm that built my PC used a main circuit board from ASUS.)

My ...Read more

American won't let you pay with cash at Miami's airport anymore. Here's how it'll work

Business / Business News /

MIAMI -- If you're traveling on American Airlines from Miami International Airport, leave the cash at home.

The leading airline is moving to a cashless model at MIA, meaning that any transactions for additional fees, such as checked bags or overweight bags, will have to be made with credit or debit cards. The change is effective on Thursday.

...Read more

Jennifer Van Grove: A streaming TV state of the union

Business / Business News /

When I started this streaming TV column one year ago, we were at a tipping point in TV and entertainment. Today, the pendulum has swung to the side of streamers, who have more choice and customization options, including sports and local stations, than traditional pay TV customers.

As a result, more people than ever are ditching their providers....Read more

Helpware: Mice that keep you healthy

Business / Business News /

In the early days of electronic pagination some 40 years ago, I worked for a newspaper that bought the first one on the market. It was a monster of a computer, with a screen that was more than 30 inches wide. The screen's resolution was awful. The monitor flickered anytime a task was performed. The mouse was about as big as a size-15 men's shoe ...Read more

Miramax bid for Weinstein Co. throws wrench into sale process, sources say

Business / Business News /

An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has thrown a wrench into plans to sell the struggling studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, according to people familiar with the matter who were not authorized to comment.

Weinstein Co. has been in negotiations to ...Read more

Venezuela plans discounts, tax deals to bolster cryptocurrency

Business / Business News /

CARACAS, Venezuela -- Venezuela's plan for its own cryptocurrency include paying public workers in the digital token and using tax incentives to encourage its use, according to documents obtained by Bloomberg News.

The government intends to issue 100 million petros, with about 38 million going to institutional investors in a monthlong presale ...Read more

Michael Hiltzik: The IRS hired bill collectors to collect back taxes — and got ripped off

Business / Business News /

For all its faults, the Internal Revenue Service at least is expected to know the value of a dollar. But its math skills -- and management skills -- have been called into question by a recent internal report finding that in setting up a program allowing private bill collectors to dun taxpayers for back taxes, it spent $20 million in 2016 to 2017...Read more

Hollywood is adding jobs as TV and digital content surges, MPAA report says

Business / Business News /

LOS ANGELES -- Hollywood is adding jobs and giving a boost to small businesses around the country as studios continue to ramp up production of TV series and digital content, according to a new report that is expected to be published Tuesday by the Motion Picture Assn. of America.

The MPAA ?said that jobs directly related to the production and ...Read more

Suit by 22 state attorneys general seeks to block FCC's net neutrality repeal

Business / Business News /

WASHINGTON -- A group of 22 Democratic state attorneys general, including those from California and New York, filed a lawsuit Tuesday seeking to block the Federal Communications Commission's repeal of tough net neutrality rules for online traffic.

The suit, filed in the U.S. Court of Appeals for the District of Columbia, argues that the vote ...Read more

Second lawsuit against poultry giants alleges chicken price-fixing conspiracy

Business / Business News /

A second lawsuit has been filed against some of the nation's largest poultry producers, alleging they have conspired to fix the price of broiler chickens for nearly a decade.

The complaint filed by Winn-Dixie Stores and its sister grocery, Bi-Lo Holdings, against Tyson Foods, Perdue Farms and Park Ridge, Ill.-based Koch Foods comes two months ...Read more

McDonald's to recycle packaging in all locations globally by 2025

Business / Business News /

CHICAGO -- McDonald's will recycle packaging in all of its almost 37,000 restaurants globally by 2025, the company announced Tuesday.

McDonald's also announced that all of its packaging will come from renewable, recycled or certified sources where no deforestation occurs by 2025.

These are big steps for the Oak Brook-based burger giant and the...Read more

Orange County Register and other Digital First Media newspapers face 'significant' layoffs

Business / Business News /

LOS ANGELES -- Southern California News Group, which includes newspapers such as the Orange County Register and the Los Angeles Daily News, will be hit with "significant" layoffs in the coming months, the group's management announced Friday in newsroom meetings that took place across five publications.

Meetings were also held at the Daily ...Read more

Philippines government orders news site to close amid concerns about the loss of press freedoms

Business / Business News /

BEIJING -- Rappler, a digital pioneer in the Philippine media scene, won international awards for its critical, unabashed look at President Rodrigo Duterte's deadly drug war.

Now the independent news site is trying to stay alive.

Philippine authorities on Monday ordered Rappler to close, infuriating media rights groups and casting uncertainty ...Read more

Marijuana industry gets blunt: Stop using the word 'pot'

Business / Business News /

SAN DIEGO -- He was dressed in a three-piece suit. But Chris Coogan nearly went unnoticed when he dropped by a San Diego city councilor's office last year to do some lobbying on marijuana laws.

"An aide came to reception and asked, 'Where's the pot guy?' said Coogan, co-founder of Therapy Tonics & Provisions, a La Jolla cannabis drink company. ...Read more

Trade war with China foreseen

Business / Business News /

WASHINGTON -- For years, one bright spot in the United States' huge trade imbalance with China has been the Asian nation's soaring appetite for American agriculture.

But this month, China abruptly imposed stricter requirements on billions of dollars of American soybeans in a way that threatens to curb the exports and punish a wide swath of the ...Read more

Facebook 'fix' needed, early investor Roger McNamee says

Business / Business News /

Roger McNamee, founding partner of Elevation Partners and an early investor in Facebook, is making lots of noise about how to "fix" Facebook.

In the past week or so, he has written in the Washington Monthly, the Guardian and the Washington Post about Facebook's role in spreading fake news.

"It reads like the plot of a sci-fi novel: a ...Read more