Los Angeles Times

THE WEEK THAT WAS...

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Wells Fargo boosts payout

Wells Fargo has agreed to boost its payout in a class-action settlement over unauthoriz­ed accounts to $142 million, up from the $110 million announced just three weeks ago. The scandalroc­ked bank agreed to the larger deal after an internal report this month showed that bank off icials knew about unethical sales practices in 2002, years earlier than previously acknowledg­ed.

L.A. County energy option

Southern California Edison customers in Los Angeles County soon will be able to get their electricit­y from a government-run utility promising lower bills and easier access to clean-energy options. The Board of Supervisor­s approved the public energy program, which they say will help reduce power bills by as much as 5% below what customers pay the private utility company.

Out, but will he stay down?

Bill O’Reilly has long been an imposing presence in cable news and the so-called culture wars. He helped boost Rupert Murdoch’s Fox News Channel into a $1-billion-plus-a-year business. But in the wake of his departure over allegation­s of sexual harassment, it remains to be seen whether the scandal will mortally wound his reputation or dent his business prospects.

A pay shift in constructi­on

In the span of a few decades, Los Angeles-area constructi­on went from an industry that was two-thirds white, and largely unionized, to one that is overwhelmi­ngly Latino, mostly nonunion and heavily reliant on immigrants. At the same time, the job got less lucrative. American constructi­on workers today make $5 an hour less than they did in the early 1970s, after inflation.

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