Los Angeles Business Journal


Recent and archived news stories on: Politics, Federal, States, Local, Public Policy, Regulation, Social Services, Trade, Op-Ed/Commentary...

Business Accelerator to Open In Watts

Watts is slated to get its first-ever business accelerator under plans announced Tuesday by the Valley Economic Development Center and a local community development organization.

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Paying Price?

DINING: Restaurants hit with lawsuit over health care surcharge.

Price-fixing lawsuit accuses high-end restaurants of cooking up health care surcharge.

Mayor Announces City Exceeding Targeted Pace for Housing Permits

Los Angeles Mayor Eric Garcetti on Thursday announced that the city has issued permits for 40,800 new housing units since he took office in July 2013, putting the city ahead of his target for 100,000 new units permitted by mid-2021.

Neighborhood Integrity Initiative Submits Signatures for Ballot Measure

Backers of an initiative to curb mega-developments in Los Angeles turned in nearly 104,000 signatures to the city clerk’s office Wednesday, 67 percent more than the 62,000 needed to place the measure on next March’s ballot.

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Pot Fundraiser Cancelled After LAPD Objects

The groups behind a scheduled fundraiser in Hollywood this past weekend for the medical marijuana industry cancelled the event after receiving word from the Los Angeles Police Department that the event was regarded as unlawful.

Setback in Cards With Rule Shift

The long-running battle between local card rooms and tribal gaming casinos has a new skirmish line: a change in an obscure state rule that could cost the local card rooms millions of dollars in revenue each year.

Los Angeles Water and Power Department COO Appointed as Interim General Manager

Los Angeles Department of Water and Power chief operating officer David Wright was appointed the agency’s interim general manager Tuesday by the Board of Water and Power Commissioners. He replaces Marcie Edwards, who announced her resignation earlier this month.

Metro Purple Line Extension Dodges Another Legal Challenge

Despite multiple efforts to halt construction on the Metro’s planned extension of the Purple Line, the project keeps chugging along.

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A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

POLITICS: Pot fundraiser’s organizers hope to turn up heat on L.A. city officials.

Call it a pot fundraiser – not to buy weed but to raise money to wield more clout at City Hall.

CIT Gives $100,000 to Latino Chamber of Commerce for Small Business Programs

CIT, parent of OneWest Bank of Irvine, announced Monday that it’s providing $100,000 to the Los Angeles Latino Chamber of Commerce for technical assistance to small businesses.

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Business Groups Put ‘Job Killers’ in Cross Hairs

POLITICS: Legislation to extend cap-trade program among bills drawing fire.

Business groups are targeting roughly a dozen key bills still remaining in Sacramento during the closing weeks of the legislative session.

U.S. EPA Fines Two Local Operations for Hazardous Waste Storage Violations

The U.S. Environmental Protection Agency on Wednesday announced settlements with two Southern California facilities for improper handling of hazardous waste.

Oprah Production Benefits from New Film and Television Tax Credits

Oprah Winfrey’s upcoming Disney film is among the 28 beneficiaries named in the latest round of California’s Film and Television tax credits, which were announced Tuesday by the California Film Commission.

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Still Game

American Olympians, young Angelenos benefit from ’84 event

The financial legacy of the 1984 Olympic Games in Los Angeles lives on as local leaders continue their effort to secure the 2024 summer games.

Los Angeles Mayor Eric Garcetti Speaks at DNC

Los Angeles Mayor Eric Garcetti is speaking for the first time at the Democratic National Convention on Thursday in Philadelphia. In addition to showing his support for Democratic presidential nominee Hillary Clinton, Garcetti said he will “share the story of Los Angeles as a model for the country,” according to an email sent to his 2017 reelection supporters. Of his achievements under his administration, Garcetti is expected to highlight the citywide law passed in May to increase the minimum wage to $15 an hour.