California Resources Corp., the new and homeless spinoff from Occidental Petroleum Corp., is beefing up its presence in Long Beach, a move city officials hope will lead to the oil producer siting its headquarters there.
L.A.’s unemployment rate held steady at 8.1 percent for August even as the county gained nearly 18,000 jobs as some schools reopened after summer vacation, according to state figures released Friday.
Gov. Jerry Brown on Thursday signed a bill to more than triple funding for California's film and TV tax-credit program.
The Los Angeles Area Chamber of Commerce board of directors has voted to oppose Los Angeles Mayor Eric Garcetti’s plan to hike the minimum wage in the city to $13.25 an hour by 2017.
SAFETY: Sunseeker transforms aerospace coating into line of fire-resistant products.
Sunseeker hopes landing a U.S. Forest Service deal can turn its fire-resistant products into hot properties.
Gov. Jerry Brown on Wednesday signed a bill requiring employers to provide at least three days of paid sick leave each year to workers. It applies to part-time workers as well as full-time.
L.A. employers plan to slow their pace of hiring during the fourth quarter, according to a survey released Tuesday from Manpower Inc.
Merchants hope auto display will help fuel sales even after event.
Automotive: Ferrari looks to drive shoppers to Beverly Hills’ Rodeo with anniversary-marking car display.
Politics: Minimum-pay raise feared as too much for city.
Politics: Business groups hope to minimize the damage from a proposed minimum-wage hike in the city of Los Angeles.
he way restaurateur Jeff Kavin sees it, Los Angeles Mayor Eric Garcetti’s plan to hike the minimum wage will have a maximum impact on his business – and it won’t be pretty.
AUTOMOTIVE: Debt-dragging Enova hopes for reverse merger.
Current problems could mean the end of the road for electric drive-train maker Enova Systems.
TAXES: Online business execs fear return of high levies in L.A.
Internet businesses say they rate getting to stay at a lower level of the gross receipts levy.
TECHNOLOGY: Shares of International Rectifier rise as suitor pursues coating.
German suitor sparks to International Rectifier’s high-voltage product for semiconductor chips.
Things got a little uncomfortable at the Los Angeles Area Chamber of Commerce last week.
WATER: Government memo bolsters Cadiz’s plan for project along railroad.
Cadiz makes a splash on Wall Street after possibly moving closer to construction of a desert aquifer pipeline.
KFWB-AM (980) is ending its newstalk format a week earlier than planned.
The state Legislature has approved a bill to increase penalties for stealing used kitchen grease from restaurants.
Chamber highlights towering skyline to tout neighborhood.
Century City Chamber of Commerce is high on its new double-skyline logo.
AUTOMOTIVE: Shares rise as Motorcar Parts exceeds analysts’ expectations.
Strength of aftermarket sector and a new product line accelerates shares of Motorcar Parts of America.
Mike Margolis drove down to San Diego with his family earlier this month to cheer on his oldest son, 18-year-old James Wu, who was participating in an unusual event: an international robo-sub competition.
L.A.’s unemployment rate held steady at 8.1 percent for July even as the county lost 58,000 jobs in July as schools let out for the summer, according to state figures released Friday.
Workers’ compensation insurance rates should go up 11 percent next year from current levels, an insurance industry body said Wednesday despite objections from business and labor interests.
J. Robert Scott looks to furnish tablets with style for $2,910.
J. Robert Scott looks to tap stylish users of iPads for its $2,910 table for tablets.
Foes fear labor’s lien proposal will topple businesses
Business groups battle labor-backed proposal allowing liens against companies accused in wage cases.
The Los Angeles Country Club has withdrawn its application for a 166-foot fence to keep errant golf balls from straying onto a proposed development next door.
China’s largest commercial developer has purchased the former Robinsons-May site in Beverly Hills, one of the most prominent retail locations in the Los Angeles area.
Local business owners and statewide business organizations are stepping up opposition to a state bill that would allow workers to file liens against their employers over claims of unpaid wages.
Los Angeles once again received a grade of D for its overall friendliness to small business, according to a report to be released Tuesday.
ADVERTISING: Shares of Rubicon Project surge on strong second quarter.
Online ad network Rubicon Project crosses into “buy” territory on strength of quarterly revenue.
New state building code opens window to tinting
Changes to the state building code have brightened the prospects for window-film companies.
Southern California Edison has signed contracts with solar and geothermal energy producers representing more than 1,500 megawatts of power.
The U.S. Environmental Protection Agency said Wednesday that AllenCo Energy has agreed to pay a $99,000 penalty for violating federal environmental laws at an oil field near USC.
Los Angeles City Attorney Mike Feuer on Tuesday issued suspensions against 14 retailers for allegedly selling tobacco products to minors and announced other steps to crack down on retailers.
INVESTMENT: Deals, IPOs help add 13 traded firms to list.
Deals and IPOs help the L.A. area stock up on more publicly traded companies.
After several slow years, deals and initial public offerings have roared back, shaking up the Business Journal’s annual list of publicly traded companies in Los Angeles.
Los Angeles oil company Breitburn Energy Partners announced Thursday that it has agreed to buy QR Energy of Houston for nearly $2 billion in cash and stock.
Former Los Angeles City Council Richard Alarcon and his wife were convicted Wednesday of voter fraud and perjury in a case involving allegations they lied about their residence in order for him to qualify to run for office.
Herbalife shares rallied Tuesday after a hedge fund manager’s presentation failed to deliver convincing evidence to back up his allegations that the Los Angeles multilevel marketing nutritional supplements company is a fraudulent scheme.
water: Rash of new deals also buoys American States’ shares.
Stability of utility stocks and the expectation of new business have buoyed American States.
Los Angeles County’s unemployment rate fell to 8.1 percent in June as employers added a net 4,800 jobs, according to figures released Friday.
Most bank executives wouldn’t brag about how many of their employees were watching sports during the workday. Then there’s Alan Rothenberg.
New rules let UCLA put money into startups
UCLA may graduate to startup investing now that University of California has axed its funding ban.
Private rocket company SpaceX of Hawthorne has moved a giant step closer towards its goal of launching rockets for the U.S. military.
Talks have broken off regarding an acquisition of Scripps Research Institute of La Jolla by USC or a merger or partnership between the two.
MEDIA: Entravision shares lifted in part by Mexico’s World Cup performance.
Entravision’s shares rise on a triple play of World Cup ratings, ad firm acquisition and a Supreme Court ruling.
STORAGE: William Warren Group thinks outside box with pricey pickup service and bellhops to move items.
William Warren Group looks to box out rivals by offering high-end services to pick up and carry items.
Two Los Angeles city councilmen on Tuesday called for a crackdown on employers who do not pay their workers the proper amount of wages.
Shortly after Andrew Silber opened his Whale & Ale pub in San Pedro, he hired a retired violinist to provide entertainment every Friday night.
Garagiste event looks to open doors for boutique vintners.
Festival at Union Station will raise a glass to ‘garagiste’ vintners.
HOUSING: Median surpasses $500,000 for first time since ’07.
L.A.’s median home price has passed $500,000 for the first time since 2007, but there’s little bubble worry.