California Inc.: A great week to be rich and famous and flying out of LAX

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. That tailwind Wall Streeters are feeling is Friday's news that Americans stepped up their shopping last month. The Commerce Department said retail sales increased 0.4%, suggesting consumers are poised to spur faster growth in the April-June quarter after the economy barely expanded in the first three months of the year. Consumer prices rose a modest 0.2% after a 0.3% drop in March. Above the crowd: On Monday, a new terminal aimed at celebrities and wealthy travelers will open at Los Angeles International Airport.