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Oil company Freeport McMoran is dropping its controversial plan to expand its drilling operation near USC, blaming the recent oil price collapse.
The Los Angeles Area Chamber of Commerce has endorsed L.A. City Councilman Jose Huizar’s re-election bid against challenger Gloria Molina, Huizar’s campaign announced Thursday.
Two Woodland Hills men accused of orchestrating a 15-year-long Ponzi scheme that defrauded nearly 2,000 investors of more than $100 million were charged Tuesday in federal court.
Local employers plan to hire at a solid, steady pace during the first quarter of next year, according to a survey released Tuesday from Manpower Inc.
The Los Angeles City Council on Tuesday approved a host of measures aimed at curbing runaway film production.
Acting on a promise to cut bureaucratic red tape at City Hall, Los Angeles Mayor Eric Garcetti on Thursday announced a measure to speed up building inspections for major projects and restaurants in the city.
The California Public Utilities Commission on Thursday approved a settlement between utilities, led by Southern California Edison, and ratepayer advocates over who should pay for the more than $4.7 billion in costs to date for shutting down the troubled San Onofre nuclear power plant.
The “Glens” have it. Glendale was named the most business-friendly large city in the county Thursday night by the Los Angeles County Economic Development Corp., while Glendora took the honors for the most business-friendly small city.
Two armored truck drivers for Loomis were arrested Thursday morning for allegedly stealing more than $1 million in cash, part of a shipment that was being transported for Bank of America.
Los Angeles City Attorney Mike Feuer on Thursday announced the city has filed a lawsuit against the main contractor and several subcontractors on a city animal shelter construction project, alleging the companies failed to pay their workers at least $250,000 in promised wages.
Mayor Eric Garcetti today announced the launch of a new initiative to connect small business owners with experts who can give them advice over the phone, over video chat or in person.
A Los Angeles City Council committee on Tuesday called for an independent study of two proposals to raise the minimum wage, delaying consideration of a wage hike until at least early next year.
Los Angeles Mayor Eric Garcetti today issued a directive that requires a reduction in city agencies’ fresh water use by 20 percent by 2017 and cuts in half the amount of water the Department of Water and Power can import by 2024.
Four Los Angeles city councilmembers on Tuesday introduced a motion to raise the city’s minimum wage to $13.25 by 2017, a hike proposed by Mayor Eric Garcetti.
Former president Bill Clinton will keynote Banc of California’s financial literacy event on Nov. 9 at USC’s Galen Center. The event sponsored by the Irvine bank will provide personal finance training to 5,000 “at-risk” young people from the area.