Los Angeles Business Journal

Commercial Tenants to Stay on Veterans Campus in Westwood

A plan to overhaul the V.A.'s Westwood campus was unveiled Thursday, showing that some commercial tenants will likely be allowed to stay, KPCC reports. The V.A.'s proposal includes 1,200 units of permanent supportive housing for veterans and allows UCLA and the Brentwood School to keep their facilities.

Vin Scully Avenue?

The street leading to Dodger Stadium may be renamed in honor of the Dodgers’ Hall of Fame broadcaster Vin Scully, the Los Angeles Times reports. Los Angeles City Councilman Gil Cedillo plans to make a motion Friday to rename Elysian Park Avenue after the 88-year-old play-by-play announcer who has been with the team since 1950.

Stocks Mixed

The Dow Jones industrial average rose 95 points in early trading Friday to 16,164. The S&P 500 rose 8 points to 1,902. The Nasdaq rose 9 points to 4,516. The LABJ Stock Index fell slightly to 211.

High Speed Train Slowed Down

California’s bullet train from Los Angeles to San Francisco could take longer to build than previously estimated but may cost less than originally planned, state legislators heard Wednesday. Despite already being two years behind schedule, the complex project could come in at less than the originally proposed $68 billion, reports the Los Angeles Times.

Aliso Canyon Closure Considered

State commissioners are examining whether the Aliso Canyon natural gas field near Porter Ranch should be permanently shut down following the massive leak there, the Los Angeles Times reports. One element is seeing whether Southern California Gas Co. can find alternative storage sites and delivery systems to compensate for possible gas shortfalls.

Kings´ broadcaster to Take Leave

Los Angeles Kings broadcaster Bob Miller, who has been the hockey team’s play by play announcer since 1973, is taking a leave of absence to undergo heart surgery, reports the Washington Post. The 77-year-old is in his 43rd season. It could be weeks if not months before he is back behind the microphone.

L.A. Commuting Made Easier

Xerox has partnered with the city of Los Angeles to make a new transportation app which promises to change the way Angelenos commute. The Go LA app lists route options for public transit, ride-hailing services, taxis, driving, bicycling, and motorbikes, and says which is cheapest and fastest, according to CBS.

Self-Driving Cars Seek Green Light in California

Self-driving car companies want government regulators to clear the road. But California's Department of Motor Vehicles is currently determining how to keep the public safe as the technology emerges, the AP reports.

Costs for Solar Owners

California regulators will vote on new rules for compensating owners of rooftop solar systems, the Los Angeles Times reports. The California Public Utilities Commission proposed increased fees on rooftop solar owners, while Southern California Edison, San Diego Gas & Electric, and Pacific Gas & Electric asked the commission to charge solar owners hefty fees. The proposed decision expected Thursday is viewed as a compromise

Stocks Mixed

The Dow Jones industrial average was up 98 points in early trading Thursday to 16,042. The S&P 500 was up 12 points to 1,894. The Nasdaq was up 30 points to 4,498. The LABJ Stock Index was down slightly to 214.

Shrinking Ridership for Metro

Boardings on mass transit lines operated by the Los Angeles County Metropolitan Transportation Authority declined more than 10 percent from 2006 to 2015, despite $9 billion in investments in new subway and light rail lines. According to the Los Angeles Times, Metro now has fewer boardings than it did three decades ago, when buses were the county's only transit option.

Up Next: Expo Line

Maybe this will increase ridership. Metro announced Tuesday that the western leg of the Expo Line will open for business in May, MyNewsLA reports. The completed train line, which has been in the works for decades, will run from Downtown to Santa Monica through Culver City.

Yoga Guru to Pay $6.4 million

A jury has decided that Bikram Choudhury must pay $6.4 million in punitive damages, the Los Angeles Times reports. The case involved a lawsuit by Choudhury´s former legal advisor who alleged that Choudhury sexually harassed her and that she was fired after investigating claims that Choudhury raped a yoga student.

VIP Lounge at LAX Approved

The Los Angeles City Council on Tuesday approved plans to create a private lounge at Los Angeles International Airport for celebrities who want to avoid the paparazzi. According to the L.A. Daily News, the council voted 10-0 to concur with the airport commission’s approval of a lease with Gavin de Becker & Associates, a security firm, to create the lounge.

Paramount Sued by Production Assistants

Four production assistants have sued Paramount Pictures, saying they were not paid minimum wage or overtime despite working "round-the-clock," nor were they allowed to take bathroom breaks, according to the Los Angeles Times.