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Michael Hiltzik
Worked at Los Angeles Times
Attended Colgate University
Lives in Southern California
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Michael Hiltzik

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Hilarious and terrifying: you may think twice about your nasdaq investments
Dan Lyons was the 51-year-old technology editor at Newsweek in the summer of 2012, planning a European vacation with his wife and six-year-old twins, when he was abruptly informed by phone that his job was being eliminated. He had two weeks to pack up, no severance. About a year later, he found...
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Michael Hiltzik

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Another cost-cutting wolf in sheep's clothing
In yet another attempt to show that Republicans can be just as serious about healthcare reforms as Democrats, House Speaker Paul Ryan (R-Wisc.) called on Wednesday for eliminating the Affordable Care Act's guarantee of insurance for people with pre-existing medical conditions. Ryan didn't advocate...
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Michael Hiltzik

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The rich would get richer:
A linchpin of Bernie Sanders' campaign for the Democratic Presidential nomination is his proposal for free tuition at public colleges and universities for all students. But who would really gain from the deal? Sanders implies that it would be a boon to the working class and low-income families....
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Michael Hiltzik

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where are the customers' yachts?
The unspoken subtext of the Obama Administration's recent initiative on brokers' responsibilities to their clients was that individual investors are vulnerable to being ripped off by the financial services industry. (We wrote about the new broker rules here.) But the new rules didn't lay a finger...
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 One less threat for Uber to worry about
If there's one thing the ride-hailing company Uber has become great at, it's identifying legal threats to its business model. That's the reality behind its $84-million settlement Thursday of two federal class-action cases brought by drivers. The cases could have forced Uber to classify its drivers...
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Michael Hiltzik

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Like a bad penny, they're back in Sacramento
In Sacramento, like other state capitals, one can expect a bad idea to rise from defeat year after year, especially if there's big money at stake. So it's perfectly logical that the nation's airlines are back this year with another attempt to whittle down a property tax bill that comes to about...
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Michael Hiltzik

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They keep coming
It's grocery day, so I load a bunch of canvas shopping bags into the trunk and set out. First stop, Trader Joe's, for a couple of jars of Better'n Peanut Butter and to replenish our supply of its frozen palak paneer ("authentic Indian recipe"). Then it's across the way to Lazy Acres, for a half-dozen...
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Better hope he knows what he's doing
No one would ever mistake Facebook for a shareholder-friendly company. From the moment of its initial public offering in May 2012, it's been entirely under the control of its co-founder, chairman, and CEO, Mark Zuckerberg. Thanks to a two-class stock structure in which Zuckerberg held impregnable...
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Will the Obamacare flat-earthers take note?
The pending departure of the big insurance company UnitedHealth from most of the Affordable Care Act exchanges that it serves has prompted critics of Obamacare proclaiming the coming "death spiral" of the insurance reform. The critics aren't talking so much about the insurers who are reporting...
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Michael Hiltzik

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The single-payer dream continues
The dream of bringing single-payer healthcare to the United States is a hardy one. It's still with us despite years of disrespect by the general public, intense opposition from powerful stakeholders in the healthcare economic status quo, and the enactment of the very non-single payer system known...
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Let the whining begin
UnitedHealth Group, the nation's largest commercial health insurer, made good on a six-month-old threat and announced Tuesday that it will pull out of Affordable Care Act exchanges in all but "a handful of states" after this year. The questions that raises, as we observed a couple of weeks ago,...
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Why can't the complaining passengers take a later flight?
There isn't much that one can say conclusively about incidents in which passengers have been removed from airplanes for looking or acting in a menacing way except for these points: --A large number of them involve individuals or groups acting like or appearing to be Muslims or Arabs. --The people...
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  • Los Angeles Times
    Business Columnist
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Southern California
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Pulitzer Prize-winning business columnist, author/historian of science, tech, & The New Deal.
Introduction
I write and blog about business, economics, and public policy at latimes.com/hiltzik
Education
  • Colgate University
    1973
  • Columbia University
    Journalism, 1974
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Male