Los Angeles Business Journal

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

Assemblymen Introduce Expanded Film Tax Credit Bill

Two Los Angeles assemblymen on Wednesday introduced a bill to ramp up California’s efforts to hold onto film and TV production.

Mayor Takes Steps to Cut Permit Red Tape

Los Angeles Mayor Eric Garcetti on Tuesday ordered the city’s planning and building and safety departments to consolidate key functions and take other steps to cut red tape for developers.

Group to Spur Job Creation in Innovation Industries

Leaders from L.A.’s tech, venture capital and entrepreneur communities and the Los Angeles County Economic Development Corp. on Tuesday announced they will join forces to promote the region as an innovation center and spur job creation.

All Hands on Deck

OP-ED: Local, state leaders must work with L.A., Long Beach ports to battle rising cargo rivals.

SHIPPING: John McLaurin calls on local and state governments to buoy the L.A. and Long Beach ports against competitors.

Private, Public Sectors Could Deliver More Together

OP-ED

NON-PROFIT: David A. Schwarz touts the civic value of well-balanced private-public collaboration.

L.A. Port Traffic Rises

Traffic at the Port of Los Angeles increased 2.5 percent in January compared with the same month last year, according to figures released Friday.

Tycoon Courts U.S. in China Fight

ENERGY: Former oil exec tries to make case to recover billions.

U.S. courts may be powerless to help oil magnate Tiangang Sun recover billions he claims he is owed by China.

Long Beach Hikes Wages for Airport, Convention Center Workers

The Long Beach City Council has approved an ordinance to raise the pay of airport and Convention Center workers to $13.26 an hour.

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Former Phone Exec Taps Parents

Technology: Lin Miao gets family loan to keep incubator alive.

Former executive charged in cellphone scheme is allowed to get line on loan from parents to keep his incubator online.

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New Magazine Pages Film, TV

Entertainment: California agency looks to keep productions.

California Film Commission turns the spotlight on the state’s production advantages with a new magazine.

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Namvar Victims Say They’re Being Ripped Off Again

Bankruptcy: Creditors protest as lawyers, others submit huge bills.

Ezri Namvar’s investors were ripped off when his Ponzi scheme collapsed, and now they say they’re getting shorted again by the professionals in charge of recovering their money.

Los Angeles DWP Chief Ron Nichols Resigns

Department of Water and Power head Ron Nichols on Thursday announced his resignation amid growing financial and administrative controversies at the agency.

Advisory Council Signs Off on Van Nuys Aviation Project

The Van Nuys Airport Citizens Advisory Council on Tuesday voted to recommend acceptance of a report that a new hangar project would not cause any environmental impacts.

Scientists Applaud Fracking Rules

A group of 21 scientists from around the country has told Gov. Jerry Brown that California is on the right track with proposed regulations to allow fracking of the state's shale oil reserves.

State Drops Tax Deposit Requirement

Local startups have just been handed a bit of holiday cheer: the state will no longer require security deposits for new businesses in most cases and will refund about $300 million in deposits it’s now holding.