Bioresin Business Buffeted by Busted Euro Sales
Stock of Cereplast tumbles after extent of fallout revealed.
Stock of bioresin company Cereplast knocked flat by fallout from flopped European deals.
Oil Firm Digs In For Drilling Fight
Oxy to battle activists over Dominguez Hills project.
Occidental gears up to punch a hole in activist opposition to company’s planned oil drilling in Dominguez Hills.
Unemployment Rate Improves but L.A. Loses Jobs
Los Angeles County’s unemployment rate dipped to 11.6 percent in April, but the county lost 7,000 payroll jobs, according to state figures.
Council Passes Bank Disclosure Rules
The Los Angeles City Council passed an ordinance requiring banks that do business in the city to disclose their lending practices to communities.
Wal-Mart Hits Opposition While Stepping Into Stores
Foes in Burbank and L.A.’s Chinatown try to trip up retailer’s strategy.
Wal-Mart’s strategy to move into existing stores has courted a lawsuit from opponents in Burbank and challenges in L.A.’s Chinatown.
Maker of Solar Film Seeks Warmer Reception in Asia
Biosolar pursues overseas partnerships as domestic industry falters.
Cooling domestic market spurs maker of solar panel film to seek Asian partners.
Hollywood Might Have New Starring Roll for Pedicabs
Local leaders gear up to launch program.
Parking lot operator peddles plan for pedicabs to hit the streets of Hollywood.
Forecast Sees Pick Up in L.A. Job Growth
Job growth in Los Angeles County and the region should pick up this year and accelerate next year, according to a forecast released by California State University Long Beach.
Beutner Drops Out of L.A. Mayor's Race
Austin Beutner, the businessman-turned-jobs czar, dropped out of the L.A. Mayor’s race on Tuesday.
Drawn-Out Death of Gross Receipts Tax Disappoints Business
Business groups back city of L.A.’s phase-out of gross receipts levy, but don’t like the 15-year timetable.
Long Beach 'Living Wage' Backers File Signatures for November Ballot
Backers of a proposal for a “living wage” on major hotels in Long Beach filed more than 31,000 signatures on Friday to qualify their measure for the November ballot.
Summer Heat Could Spur Power Plays by Local Companies
Businesses prepare to offset unplugged San Onofre plant.
The offline San Onofre nuclear plant has sparked concern at local businesses that fear summer power shortages.
Integration, Stock Offering Put Brakes on Parts Firm
Shares of Motorcar Parts tumble as it irons out acquisition.
Motorcar Parts’ stock has been on a rocky road during the company’s integration of a Toronto acquisition.
‘Sin’ Is In at Local Store
Furniture-design shop says extreme window display is no vice.
Vintage furniture and interior design store gives in to ‘Sin’ for themed window display contest.
Will Christian, Conservative Approach Pay Off?
Salem moves to boost investor interest in stock by adding dividend.
Salem hopes offering a dividend will draw more true believers to its Christian and conservative properties.
L.A. County’s Jobless Rate Still 11.8 Percent
Los Angeles County’s unemployment rate in March remained stuck for the third straight month at 11.8 percent, according to state figures.
California Chamber Turns Guns on ‘Job-Killer’ Bills
Measures on sales taxes, property liens draw particular fire.
Proposed laws on sales taxes and property liens top list of “job-killer” measures targeted for extermination by California Chamber of Commerce.
DOWNTOWN L.A.: Airline Scales Back Twin-Tower Plan as Vacancies Remain Sky High
Special Report: REAL ESTATE QUARTERLY
Main events in Los Angeles County commercial and industrial submarkets in the fourth quarter.
State High Court Overturns Work-Break Rule
In a major victory for California employers, the state Supreme Court on Thursday ruled that employers are not obligated to ensure that workers stop work during required meal and rest periods.
New Enterprize Zone Approved
The state gave final approval for a new enterprise zone for business tax credits in Los Angeles County.
State Chamber Cites 'Job-Killer' Bills
The California Chamber of Commerce launched a campaign to defeat 23 bills in the state Legislature it has identified as “job killers” that would harm employers.
L.A. Development Project Reforms Signed into Law
Los Angeles Mayor Antonio Villaraigosa signed into law an ordinance that simplifies the city’s review of development projects.
Cigar Sellers Fired Up Over State Tax
Ballot proposal to hike tobacco levies could snuff sales.
Cigar vendors fear sales will be snuffed out by a ballot proposal aimed at hiking tobacco taxes.
DWP Establishes Solar Power Buy-Back Program for Building Owners
In a boost to the local solar power industry, commercial property owners in Los Angeles will soon be able to sell solar power generated from their buildings back to the Los Angeles Department of Water & Power.
Private Meeting, Public Setting
PAGE 3
Westfield Group Chief Executive Peter Lowy was hoping to get a little one-on-one meeting with Los Angeles Mayor Antonio Villaraigosa at the American Diabetes Association’s annual Los Angeles Political Roast fundraiser.
Contractors May Face Fight-or-Flight Time at LAX
Major union tries to force city crackdown on airport companies.
Two LAX contractors say major union is plain wrong about propriety of their decertification votes.
Nursing Facility Investor Taking Care to Diversify
LTC looks to back off services reliant on government payment.
Investment trust LTC can’t seem to check out of government payment-supported nursing facilities.
Time May Be Up on Staggered Permit Deadlines
City of L.A. proposed ordinance would streamline process.
Developers say it’s about time the city of L.A. streamlined its staggered permit deadlines.
More Employed, But L.A.’s Jobless Rate Stays Steady
L.A. County’s jobs picture continued its gradual improvement in February, according to state figures.
Regulators Approve Edison Coal Plant Sale
State utility regulators have approved the $294 million sale of Southern California Edison’s share of a coal-fired power plant in New Mexico to Arizona Public Service Co.
FDA May Burn Smoking Business
Electronic cigarette firm fights regulation.
Chief executive of electronic cigarette maker fears new taxes and FDA rules will snuff out business.
Clothing Retailer Refashions Image With Investors
Hot Topic stock on rise after new chief exec backs away from goth look.
Retailer Hot Topic is back in fashion with investors after bringing in a new CEO and backing off goth clothing.
Federal $3.3 Million Grant to Fund Job Training
The federal government has made $3.3 million in grants to local programs that will pay for job training for 1,000 workers.
One-Time Leader Retakes Size Prize
Gibson Dunn topples O’Melveny as biggest L.A. firm.
Gibson Dunn reclaims crown of L.A.’s largest firm as longtime No. 1 O’Melveny sheds attorneys.
Plant Operator to Power Back Down to Utility?
Depressed prices spur Edison to shed its money-losing facilities.
One analyst thinks Edison may pull the plug on its Santa Ana power plant subsidiary.
Quinn Emanuel Courts Record Profits Per Partner
Sidebar
Quinn Emanuel exceeds $4 million in profits per partner.
Mixed Jobs Report for L.A. County
L.A. County’s unemployment rate dipped to 11.8 percent in January, even as the county appeared to have shed 85,000 jobs. Part of the change was due to annual data revision by statisticians but also suggests that some of the jobs gains seen last year were overstated.
Long Beach Hotels to Fight Labor Wage Initiative
Business leaders rip proposed ballot measure to raise pay.
Long Beach hotel executives have no room for a union-backed “living wage” ballot proposal.
Hip-Swaying and Foot-Stomping
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R.J. Comer is a land-use attorney by day. By night, he’s the lead singer for the Dance Hall Pimps – which will release its debut album this month.
Long Beach Living Wage Measure Scaled Back
Backers of a living wage ballot measure to benefit hospitality workers in Long Beach have scaled back their initiative to only include workers at the city’s largest hotels.
Cadiz Prepares to Raise Funds for Water Project
Cadiz Inc., the Los Angeles company trying to develop a water storage project in the Mojave Desert, announced it has retained investment bank Hannon Armstrong Securities LLC of Annapolis, Md. to lead the estimated $225 million construction financing effort.
Social Video Game Maker Says Its Last Goodbye
Meteor fails to survive impact from dearth of hit properties.
Video game maker Meteor craters after failing to score with its social network offerings.
Not Loafing It
Cooks, state lawmaker turn up heat on county’s laws against commercial sale of home-baked bread and other goods.
Entrepreneurial cooks are finding county ban on selling home-baked goods tough to stomach.
Long Beach Voters Could See 'Living Wage' Measure
Backers of a living wage measure that would benefit hospitality workers in Long Beach launched a campaign to win a spot on the city’s November ballot.
Savings Grace
Goodwill leads fight to allow thrift shops in unincorporated L.A. County.
Goodwill looks to shelve county zoning ban on opening thrift stores in unincorporated areas.
LAEDC Forecast Still Sees Slow Recovery
L.A. County’s economy will continue its slow climb from the recession this year, with the unemployment rate dropping to 11.5 percent, according to a forecast by the Los Angeles County Economic Development Corp.
LA Public Works Board Endorses Controversial Franchise System
Brushing aside concerns from small private trash haulers, the Los Angeles Board of Public Works has unanimously approved a plan to convert the city’s open competition system for trash collection from commercial and apartment properties to an exclusive franchise system.
Dumped?
L.A. franchise-zone plan could scrap trash haulers
Trash businesses want Los Angeles to throw out plans to create one-hauler franchises across the city.
Firm Still Pumped About Its Polish Gas Prospects
BNK pursues production plan despite test setback, rivals’ struggles.
BNK won’t ease up on the gas in its drive to tap wells in Poland.
County’s Big Hotels Check Into Tourism Districts
Special organizations raise money for marketing, advertising.
L.A. hotels put out the welcome mat for promotional business districts.
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