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Trump's labor pick is no fan of California's overtime, rest break rules

Trump tapped Andrew Puzder, who runs the parent company for Carl's Jr. Despite the burger chain's long history in California, Puzder said they would grow elsewhere.
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Jack Plunkett/AP Images for Carl's Jr.
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Recent Business & Economy coverage

LA is still figuring out where pot shops can open

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Some in the cannabis industry say the rules around where pot shops can locate have become so broad that, in certain cases, they might include traffic medians.

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Griffith Park horse rental company leaving after nearly 50 years

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After nearly half a century in business, Griffith Park Horse Rentals is leaving Griffith Park. A sub-license agreement between the company and the L.A. Equestrian Center ends May 15.

LA needs tens of thousands of rentals for homeless

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L.A. County needs over 30,000 new supportive housing units and rental vouchers to functionally end homelessness, according to a report released Tuesday.

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LA County drafting rent control for mobile home parks

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Citing a shortage of affordable housing and growing homeless population, LA County has plans to regulate rent in mobile home parks.

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What stock market swings mean for California

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Big losses on Wall Street should concern Californians — even those with no money in the stock market — because they can have a big impact on the state's budget.

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Trump administration plans to defang consumer protection watchdog

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The new head of the Consumer Financial Protection Bureau is making the agency less aggressive in its mission. An internal memo obtained by NPR says the CFPB will unveil a strategic plan to that end.

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Stock market swings may rock more minds than wallets

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Many consumers will watch to see where the market swings this week. Few take a direct financial hit when the markets fall, but that can still affect attitudes about the economy — and the president.

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More than 1,000 jobs unfilled in LA County homelessness fight

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As L.A. County massively ramps up its systems for combatting homelessness, the United Way of Greater Los Angeles is launching a fellowship program to help fill the gap.

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That unlimited movie-theater deal? It could be too good to survive

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MoviePass has signed up a half-million subscribers in less than a month but that success could ultimately lead to its demise.

US stocks swing back to gains, Dow up 330 on turbulent day

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Even with the rebound, this was the worst week for the market in about two years.

Uber, Google's Waymo settle case over trade secrets for self-driving cars

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Representatives for both companies confirmed they reached a settlement valued at $245 million, ending a week of courtroom drama. Google had accused Uber of poaching its top self-driving engineer.

Dow industrials drop another 1,000 points as selling spreads

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The losses were broad. Eight stocks fell for every one that rose on the New York Stock Exchange and 490 of the companies in the S&P 500 took a loss.

Steve Wynn resigns as head of Wynn Resorts amid sexual misconduct allegations

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The accusations against the 76-year-old billionaire who owns casinos in Las Vegas and the Chinese territory of Macau were first published last month by The Wall Street Journal.

LA Times sold to local billionaire Patrick Soon-Shiong

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The L.A.-based physician spent $500 million for the newspaper, ending its rocky relationship with parent company Tronc, which owns the Chicago Tribune.

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LA billionaire in talks to buy Los Angeles Times

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Patrick Soon-Shiong — an L.A.-based billionaire, physician and major Tronc shareholder — is in advanced talks to purchase the L.A. Times, according to NPR's David Folkenflik.

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Santa Ana considers rent control as housing costs rise

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Santa Ana is the latest California city, and the only one in Orange County, to consider rent control as one solution to the housing affordability crisis.

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