Business | Explaining Southern California's economy

Are Whole Foods' automated kiosks the future for grocery stores?

Robots and kiosks replace some workers in a bid to cut costs. Shoppers at the new store in Silver Lake give it mixed reviews.
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Recent Business & Economy coverage

CA's working parents to get more reasons to take time off

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Working parents can take off to find a new school or day care for their child, or to watch the child in an emergency situation under a new state law.

For California ski resorts, a Christmas to remember

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The week between Christmas and New Years is one of the busiest times for ski resorts, and this year resorts in Northern California are being pounded with snow.

The winners and losers of LA's 2015 housing market

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If you're a renter, it's been really tough out there for you. If you're someone looking to sell your home, then things were looking pretty good.

38 port truck drivers win millions in back pay

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The California Labor Commissioner has ordered Carson-based Pacific 9 Transportation to pay a total of $6.9 million to 38 drivers.

Why gas prices are falling nationwide but going up in LA

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While gas prices have plummeted below two dollars a gallon in many parts of the country, in Southern California, they’re going the opposite direction.

The Styled Side: why El Niño means cheaper winter clothes

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Warm weather in the east means retailers are looking to get rid of cold weather clothes that didn't sell. It's perfect timing for chilly Southern Californians.

Lyft starts picking up passengers at LAX just in time for Christmas

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After months of waiting, the first ride-hailing service will be allowed to pick up passengers from LAX, projected to be the busiest airport in the country this week.

More Business & Economy

Dogs at LAX help comfort stressed holiday travelers

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To help ease the stress of holiday travel, United Airlines has recruited some furry four-legged friends—professionally trained comfort dogs.

US existing home sales tank in November

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The National Association of Realtors said Tuesday that sales of existing homes collapsed 10.5 percent to a seasonally adjusted annual rate of 4.76 million. It was the weakest pace in 19 months.

Why the renewal of EB-5 is welcomed in LA

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Congress has given new life to a controversial program that provides green cards for foreign investors, which economists say is good news for Southern California.

2016 economic forecasts and how forecasters did in 2015

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Investors might wish for a crystal ball, but they must settle for economic forecasters. For 2016, most forecasters are seeing signs pointing towards more profits and jobs.

KaloBios fires embattled pharmaceutical executive Shkreli

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Shkreli resigned as the head of Turing Pharmaceuticals last week, a day after being arrested on securities fraud charges unrelated to his business practices in the pharmaceutical field.

Young people struggle to connect with the working world

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Researchers at the Brookings Institution report that declines in employment among people ages 16 to 24 will harm their futures in the labor market.

As US bids adieu to 'Bleu,' not all chefs sat it's cream of the crop

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Despite a thriving foodie scene, 16 Le Cordon Bleu cooking schools will soon close. Some restaurateurs say the brand's aura has unnecessarily lured grads into the field.

Kaiser Permanente's new SoCal medical school will focus on teamwork

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The California-based health care provider plans to enroll its first students in 2019. It's the latest of 20 U.S. medical schools opened in the past decade to boost the number of primary care doctors.

Why Silver Lake's Casbah Cafe is closing

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Silver Lake's popular cafe abruptly closed its doors this week. Co-owner Claudia O'Sullivan said her $5,000 monthly rent was about to increase to $12,000.