Los Angeles Business Journal

Now it’s June for Iran Nuke Deadline

Tuesday was the deadline for ending marathon talks on how to control Iran’s nuclear program, but now officials from six nations are extending that deadline to June, the Associated Press reports.

Weighing In on Raising Wages

Los Angeles County is now weighing in on the minimum wage hike debate as the L.A. County Board of Supervisors is considering commissioning a study on Tuesday to look at the local impacts of raising the minimum wage, City News Service reports.

Uber, Wingz Take Off

Ride-sharing services Uber and Wingz are now cleared for pick up at the John Wayne Airport in Orange County after receiving permits on Monday, making it one of the first large Southern California airports to do so, the Los Angeles Times reports.

‘Going Clear’ Documentary Debated

An HBO documentary about the Church of Scientology is sparking debate and ruffling feathers among followers, the Los Angeles Times reports.

Staying Put

Capitol Group Investment, one of the largest office tenants downtown, is set to call Bunker Hill home for another 15 years, its landlord Brookfield Property Partners has announced. The Los Angeles Times reports that the company has renewed its lease at Bank of America Plaza, taking up 323,000 square feet.

Snapchat Snaps Up Real Estate

It has only taken two years for the popular messaging app Snapchat to build up from a Venice bungalow to what will soon become 40,000 square feet in some buildings located at Venice and Abbot Kinney boulevards, the Los Angeles Times reports.

Big Buy

In a continuing consolidation of the cable industry, Charter Communications has agreed to cough up $10.4 billion to buy rival operator Bright House Networks, the Wall Street Journal reports.

Not Wanting to Play Ball in Indiana

NCAA President Mark Emmert may not want to play ball with Indiana, saying the state's new "religious freedom" law goes against “the core values” of inclusion and diversity, CNBC reports.

Breakfast with Your Burger?

McMuffins aren’t just for breakfast anymore, the Wall Street Journal reports.

Rapper Jay-Z Leads the Way

Rapper Jay-Z is leading a tidal wave of top musicians to his new streaming music service, Tidal, to ensure they get paid their piece of the pie, the Los Angeles Times reports.

Stocks Down

The Dow Jones industrial average was down 98 points in Tuesday morning trading to 17,878. The S&P 500 was down 9 points to 2,077. The Nasdaq was down 22 points to 4,925. The LABJ stock index was down one point to 228.

No Room at the Death-Row Inn

The state’s death row is facing a housing shortage, leading Gov. Jerry Brown to make an appeal to the state legislature for $3.2 million to fund nearly 100 more cells at San Quentin, the Los Angeles Times reports.

Netanyahu Lashes Out

Israeli Prime Minister Benjamin Netanyahu again warned of the dangers of a possible nuclear agreement with Iran during talks in Switzerland just ahead of a deadline, Yahoo reports.

New Provost at USC

There is a new second-in command at USC. The university has named neuroscientist Michael Quick as its new provost, choosing to look in-house and hire its executive vice provost after a national search, the Los Angeles Times reports.

U.C. Berkeley Now Caught Up in PUC Scandal

The California Public Utilities Commission scandal has now spread to U.C. Berkeley as the school is being criticized for its role in a retirement dinner for Michael Peevey, the former head of the PUC now under investigation by the Department of Justice, the Los Angeles Times reports.