Amid COVID-19, she reinvented her boutique as a houseplants shop. Business is booming

Business / Business News /

LOS ANGELES -- Pico Boulevard has been quieter than usual since the beginning of the coronavirus outbreak, but Amorette Brooms' Queen Boutique, a tiny storefront west of La Brea Avenue, has been busy.

The self-proclaimed "Mid-Wilshire girl" grew up in the neighborhood and has sold fashion accessories at her boutique for more than a decade.

But...Read more

Delta tests temperature screening at LAX with pilot project

Business / Business News /

Delta Air Lines is testing a system for screening passengers' temperatures at Los Angeles International Airport, an extension of a pilot project the airport is doing at its international terminal.

Atlanta-based Delta said the pilot project using thermal imaging cameras started Tuesday at LAX for passengers flying out of Terminal 2 and is set to...Read more

Kodak boosted lobbying effort in months leading to loan

Business / Business News /

Eastman Kodak Co. significantly increased its spending to lobby the federal government in the months before the Trump administration announced a $765 million loan to the beleaguered camera company.

Kodak spent $870,000 lobbying Congress and federal agencies from April through June, according to public disclosures filed with Congress. The ...Read more

Delta says it will double share of Black officers, directors by 2025

Business / Business News /

Delta Air Lines CEO Ed Bastian said the company will double its percentage of officers and directors who are Black by 2025.

Companies and other institutions have faced increasing pressure to take action on diversity efforts in the wake of events that have highlighted racial disparities in the country, including the police killings of Rayshard ...Read more

Medtronic hopes to expand share of diabetes management market with new acquisition

Business / Business News /

Medtronic is buying Companion Medical, a San Diego-based firm makes the only smart insulin pen with an integrated diabetes management app approved by the Food and Drug Administration.

Terms of the deal announced Tuesday were not disclosed.

The FDA in June expanded Companion Medical's InPen for use in all people over 7 years of age. Through use...Read more

Qualcomm wins reversal of antitrust verdict in long-running battle with the FTC

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Qualcomm has won its appeal to overturn last year's antitrust verdict in a case brought by the U.S. Federal Trade Commission, potentially ending a bitter saga that threatened the San Diego company's lucrative patent licensing business.

A three-judge panel of the 9th Circuit Court of Appeals on Tuesday reversed U.S. District Judge Lucy Koh's ...Read more

Theranos founder Elizabeth Holmes' twice-delayed trial to start in March: judge

Business / Business News /

SAN JOSE, Calif. -- After being delayed twice by the coronavirus pandemic, the criminal trial of Theranos founder Elizabeth Holmes has been scheduled to start in March.

Holmes, a Stanford University dropout who founded her now-defunct Palo Alto blood-testing startup in 2003, is charged with a dozen felony counts of fraud, and has denied federal...Read more

Column: In a ruling protecting AB 5, a judge loses patience with Uber and Lyft 'nonsense'

Business / Business News /

The ride-hailing gig company Uber has made its way in this complex world largely by flouting local laws and denying to its drivers the benefits of formal employment.

Courts and regulators have been taking an increasingly skeptical view of these practices. Few, however, have questioned them as bluntly as San Francisco Superior Court Judge Ethan ...Read more

Businesses want a shield against COVID-19 lawsuits. But what about customer safety?

Business / Business News /

Wyoming state Sen. Liisa Anselmi-Dalton worried that a customer could get the coronavirus in her Old Chicago Pizza and Tap Room franchise in Rock Springs, attached to her Holiday Inn, and sue her.

So, the Democrat with other Wyoming lawmakers pushed through a bill to grant immunity from liability lawsuits to businesses that do their best to ...Read more

Virus worsens the US gender pay gap, with women losing out

Business / Business News /

The coronavirus pandemic will likely make the gender pay gap worse as the U.S. economy recovers but could ultimately improve opportunities for women, according to a paper distributed by the National Bureau of Economic Research.

In a regular recession, the pay gap between men and women shrinks by two percentage points as men tend to get hit ...Read more

Small firms die quietly, leaving thousands of failures Uncounted

Business / Business News /

Big companies are going bankrupt at a record pace, but that's only part of the carnage. By some accounts, small businesses are disappearing by the thousands amid the Covid-19 pandemic, and the drag on the economy from these failures could be huge.

This wave of silent failures goes uncounted in part because real-time data on small business is ...Read more

Boeing deliveries slow to a trickle, while 737 Max cancellations grow

Business / Business News /

In July, Boeing won no new airplanes orders, delivered just four commercial jets and wiped another 52 orders from the backlog for its grounded 737 Max.

When the manufacturer on Tuesday updated its orders and deliveries website, it revealed a continuation of the collapse of business since the coronavirus pandemic hit the airlines in March.

With...Read more

Upended by the coronavirus and competing streamers, WarnerMedia slashes 600 workers

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WarnerMedia began slashing its workforce Monday, laying off at least 600 employees as movie theater shutdowns and streaming competition ravage its film and TV business.

The bulk of the job cuts came from the legendary Warner Bros. studio in Burbank, known for "Wonder Woman," "The Big Bang Theory" and the Harry Potter movie franchise. High-level...Read more

Consumer Confidential: Customer service doesn't have to be this awful

Business / Business News /

Among the various things the COVID-19 pandemic has changed, and not for the better, is customer service. Just ask anyone who has tried to contact California's Employment Development Department with questions about unemployment benefits.

But I don't see this solely as a problem. I see it as an opportunity.

First, an example of what consumers ...Read more

Promising COVID-19 treatment sends Seattle biotech company's stock soaring

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Shares in a Seattle biotech firm shot up 80% Monday after a preliminary trial suggested a new drug could boost survival rates for patients with severe COVID-19 symptoms.

Omeros, a biopharmaceutical firm focused on immune-related diseases and other disorders, said the trials showed its drug narsoplimab improved recovery and survival for patients...Read more

Motormouth: How to get spattered paint off car

Business / Business News /

Q: I hit a new traffic paint line and got a boatload of paint under my wheel wells, not just spatter but a lot caked on about 1/8 inch thick, besides some spatter. I tried Goof Off paint remover and regular paint and varnish remover for wood and plastics. Neither one did anything. Any ideas?

M.J., Chicago

A: You didn't just hit it, you drove a...Read more

Business is booming for dialysis giant Fresenius. It took a $137m bailout anyway

Business / Business News /

As the coronavirus pandemic paralyzed most nonemergency medical practices this spring, the dialysis business, vital to the survival of patients with kidney disease, rolled ahead and in some cases grew.

Yet when the Trump administration sent billions in federal relief funds to medical organizations, at least $259 million went to dialysis ...Read more

Dimon, Bezos among CEOs pledging to hire 100,000 New Yorkers

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Some of New York's largest employers say they plan to hire 100,000 "traditionally underserved" residents of the area within the next decade.

The pledge, made by the chief executive officers of 29 companies including JPMorgan Chase & Co., Citigroup Inc., Inc. and NBCUniversal, is part of a new initiative called the New York Jobs CEO ...Read more

It's time to rethink theme parks. Creative ways to reopen while social distancing

Business / Business News /

LOS ANGELES -- Knott's Berry Farm recently felt more like a national park than a theme park. Reopening for a Knott's-designed food event dubbed Taste of Calico, the Southern California park's famed ghost town was clear for roaming on an early Friday afternoon. And though there was an air of trepidation among the guests seeking boysenberry-fueled...Read more

Self-employed won't get to defer taxes under Trump's payroll break

Business / Business News /

Millions of self-employed individuals would be left out of President Donald Trump's move to defer payroll taxes for the last four months of the year, according to tax experts.

That's because the executive action specifically refers to taxes paid under Sec. 3101(a) of the Internal Revenue Code, which set the Social Security tax rate at 6.2% for ...Read more