Hoteliers and unions team up over their reservations about home-sharing businesses.
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.
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.
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.
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.
L.A. County’s unemployment rate fell to 4.8 percent in July, its lowest level in nearly 10 years, despite a sharp seasonal drop in employer payrolls, state figures released Friday show.
METALS: Officials hope to reduce odor production in Paramount, other cities.
After years of complaints by residents about odors in Paramount and other southeast Los Angeles County cities, the South Coast Air Quality Management District identified the likely source as metal forging facilities and has begun developing a rule to clamp down on emissions from these plants.
GAMBLING: Setback in cards with rule shift.
Some card rooms think they are getting a raw deal with a new state stance on third-party banking.
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.
LEDtronics, orchestra working in concert to develop bright idea.
Milwaukee Symphony Orchestra has taken a shine to LEDtronics’ lights for music stands.
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, 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.
ENERGY: Breitburn brass could receive millions from bankruptcy judge.
Executives at Breitburn Energy Partners, an L.A. oil and gas exploration partnership that filed for bankruptcy in May, could receive tens of millions of dollars in bonuses under a proposal to be considered in U.S. Bankruptcy Court on Aug. 18.
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.
Union officials for local grocery workers announced Thursday afternoon that they had reached a tentative contract deal with Ralphs, Vons and Albertson’s supermarkets, likely averting a strike that could have begun next week. The deal is subject to a vote of rank-and-file union workers on Monday.
The U.S. Environmental Protection Agency on Wednesday announced settlements with two Southern California facilities for improper handling of hazardous waste.
UTILITY: American States fights to retain subsidiary; pushes for rate increase.
Two looming legal decisions for its subsidiaries could sink business for American States Water.
Business improvement district centered on Venice Boardwalk gains preliminary OK
Venice Boardwalk businesses’ bid for a business improvement district moves forward.
TAXES: Group says switch to square-foot assessment will hurt property owners.
The Central City Association, a downtown business group, is opposing a parcel tax for parks that Los Angeles County supervisors are poised this week to place on the November ballot.
COMMERCE: Swiss-owned companies rank third among employers.
Japanese- and U.K.-owned firms have carved out the biggest presences in Los Angeles.
The Los Angeles city Planning Commission on Thursday moved to regulate Airbnb and other short-term rentals, imposing time caps and stiff penalties for violations.
L.A. city officials on Wednesday took several steps to help small businesses and manufacturers.
The Los Angeles City Council on Tuesday formally placed a labor-backed affordable housing measure on the November ballot.
Los Angeles City Attorney Mike Feuer has filed charges against the owners of four properties for allegedly operating apartment buildings as short-term rentals or full-service hotels.
POLITICS: Infrastructure improvement generates support from L.A. trio.
Local business groups appear split on whether to support a permanent half-cent sales tax hike for transportation projects that the Los Angeles County Metropolitan Transportation Authority is looking to place on the November ballot.
POLITICS: Businesses want OKs before new presidency.
Companies behind two Mojave projects fear getting sandbagged by change in White House.
While it may seem like foreign investors are gobbling up downtown Los Angeles properties and building lots of megaprojects, foreign direct investment in Los Angeles County has actually fallen in recent years.
Fortune Magazine is out with its annual issue listing the nation’s 500 largest corporations by revenue – 13 of which call L.A. County home. That’s down one from last year as DirecTV, formerly of El Segundo, was merged into AT&T Corp., which has its headquarters in Dallas, TX.
Los Angeles employers say they plan to step up hiring during the third quarter, according to a survey to be released Tuesday from Manpower Inc.
Trial is set to begin Monday in the city of Claremont’s attempt to take over a water system from Golden State Water, the private utility serving the city.
Skid Row business owners feel burned as fires and crime increase at growing homeless encampments.
Signal Hill oil company AllenCo Energy has reached an agreement with Los Angeles City Attorney Mike Feuer to pay a $1.25 million fine to settle a lawsuit Feuer brought against the company, moving the company a step closer to reopening its oil field near USC, Feuer’s office announced Thursday.
Tuesday’s elections in L.A. County delivered mixed results for business.
GOVERNMENT: Bumps to minimum wage have firms mulling cutbacks, closures.
Some nonprofits face cuts to services to offset impending wage increases.
POLITICS: Voters also to have say on water system sale, digital billboards.
While most attention for this week’s primary election is focused on the presidential and U.S. Senate races, there are also some closely watched local races and issues on the ballot.
Good news for California employers: State Insurance Commissioner Dave Jones has recommended a 10.5 percent cut in the workers’ compensation premium rate that insurers charge employers.
GOVERNMENT: Some like to have say in how levy on their projects will be spent.
Some L.A. developers have embraced the city’s 1 percent levy to fund public art projects in the city.
Los Angeles Mayor Eric Garcetti on Friday appointed two deputy mayors to oversee his economic agenda, replacing Deputy Mayor Kelli Bernard, who left earlier this month to take an executive position at Aecom.
Edison International announced on Wednesday that Theodore F. Craver Jr., the Rosemead energy company’s chairman and chief executive will retire in September, keeping with the company’s practice of its chief executive retiring upon reaching age 65.
The California Chamber of Commerce announced Monday that it is opposing a likely November ballot measure to extend the income tax increase of Proposition 30 until 2031.
HEALTH CARE: Operators fear cities could shut down facilities, block new ones.
Owners and operators of drug addiction treatment centers are up in arms over a bill in Sacramento that could give local officials more tools to shut them down or block new rehab facilities.
L.A. oil firm Breitburn Energy Partners has received court approval to draw on $75 million in financing to sustain itself during bankruptcy proceedings.
L.A. County’s unemployment rate continued its rapid descent in April, falling to its lowest point in nine years.
Some of L.A.’s Wealthiest Angelenos have elected to hold their fiscal backing in an usually contentious campaign season.
DINING: L’Ermitage owners forced to digest stalled restaurant opening.
Dealing with a city bureaucracy is rarely easy for any business, but the ordeal of the owners of the Viceroy L’Ermitage Hotel in Beverly Hills in recent weeks really stands out.
The Los Angeles City Council on Friday gave final approval for construction of a $250 million stadium complex near USC for the Los Angeles Football Club soccer team.
L.A. County employers are optimistic about their business outlook this year but guarded about future hiring, according to a new Los Angeles County Business Federation survey released Tuesday.
Los Angeles solar rooftop developer PermaCity announced Friday it would build the region’s largest project that will sell power to the city’s grid.
Days before contracts between union workers and commercial building janitorial contractors are set to expire, union leaders have been ramping up the pressure in advance of last-minute negotiations.
Century City private equity and debt giant Ares Management announced Monday it had raised $7.85 billion for its fifth global flexible capital private equity fund, Ares Corporate Opportunities Fund V.
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