Business

Airbnb, the online home-rental service, says it will start collecting hotel taxes in a few American cities.

Chris Weeks/Getty Images

Airbnb to start charging hotel taxes in a handful of cities

Airbnb and other rental websites have made billions marketing existing housing to tourists — hotel tax free. Soon, Airbnb will start collecting tax in New York City, San Francisco and Portland, Oregon.

In SoCal business news: Herbalife investigation, Uber adds "safe rides" fee

Herbalife is investigated by the Illinois Attorney General. Uber adds $1 safe rides fee. China Film Co. will produce "Marco Polo" with Paramount Pictures.

Bottles of Sriracha chili sauce on the shelves of a supermarket in Rosemead, Calif.

Moving the Sriracha sauce factory? At what cost?

The Huy Fong Foods factory in Irwindale makes at least 200,000 bottles of hot sauce a day. Moving it somewhere else would be complex and costly.

Why an early Chinese New Year=more cargo to LA

Container imports and exports at the Port of L.A. increased 34 percent to a total of 515,323 twenty-foot equivalent units in March, compared to a year ago.

In SoCal business news: Sriracha moving to Texas? Mattel posts loss

A Texas state legislator wants the embattled Sriracha maker to move. Meanwhile, Mattel posts $11.2 million first quarter net loss.

High Rent, Few Options: Angelenos weigh their choices

With rents higher than they've ever been in Southern California, the '30 percent rule' is a distant fantasy, and Southern Californian renters are having to adapt.

Los Angeles Register debut: Good luck finding it on newsstands

The new L.A. Register's first page is heavy on pretty pictures and short on news. Most of the page is taken up by "The Register's guide to L.A.'s rooftop scene."

Google's 1Q earnings disappoint as ad prices slip

Although it remains among the world's most profitable companies, Google is struggling to adjust to a shift toward smartphones and tablets.

In SoCal business news: Jay-Z unveiled; mixed housing; 'Midnight Rider' moves to LA?

The film that shut down in Georgia after a crew member was killed could resume production in L.A.

SoCal Edison plans layoffs and outsourcing

The utility with 14,000 employees doesn't give specific numbers, but says it wants to operate more cost-effectively for its customers.

Semana Santa a huge boon for retail businesses in border towns

Throughout Latin America people are observing Semana Santa, and as it turns out, the week is a huge boost to businesses on the U.S. side of the border.

Yahoo's 1Q highlighted by Alibaba, modest ad gains

Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly.

Southern California home prices climb in March

The median price for new and existing houses and condominiums was $400,000, up 4.4 percent from $383,000 in February and up 15.8 percent from $345,500 in March 2013, DataQuick said.

President Obama's policies mean higher tax rate for him

President Obama, like many wealthy Americans, is paying more of his income to the IRS. He and the first lady paid $98,169 in taxes for 2013 on income of $481,098.

Apple upgrade tracks customers even when marketing apps are off

Apple's Bluetooth-based customer tracking system, iBeacon, just got better, if you ask marketers. But privacy researchers aren't so sure.

USC partnering with USA Today on sports business website

The USC Marshall School and the USA Today Sports Media Group are partnering to create Fields of Green, a website covering sports business.