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LAEDC Projects 133,000 More Jobs Over Next Five Years

Los Angeles County is projected to add 133,000 jobs over the next five years, led by health services and administrative support jobs, according to a report to be issued Thursday.

Fitch: City’s Deficit Solvable, But Challenges Remain

Los Angeles can likely solve its projected $30 million deficit for the fiscal year ending in June, but spiraling pension costs and other possible expenses remain as challenges, according to a report issued by credit rating agency Fitch Ratings Inc.

Supervisors Move to Extend Gladstone’s PCH Lease

Lovers of Gladstone’s restaurant on Pacific Coast Highway in Pacific Palisades probably still have another couple years to enjoy the seafood spot.

L.A. lobbyist Ken Spiker Dies at 93

Ken Spiker, a longtime Los Angeles city official who went on to found a prominent lobbying firm representing business interests before local governments, died Nov. 6 at age 93.

Arcadia, Downey Named Most Business-Friendly Cities

Arcadia and Downey were named the most business-friendly cities in Los Angeles County at the annual gala of the Los Angeles County Economic Development Corp.

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The Money Book 2017: Mitchell Julius

INVESTMENT BANKING

Julius is a graduate of the Woodrow Wilson School at Princeton University (BA, magna cum laude, Phi Beta Kappa), Harvard Law School (JD, magna cum laude), and Harvard Business (MBA, Honors).

The Money Book: Jonathan Howe

INVESTMENT BANKING

Jonathan Howe is managing director and head of mergers and acquisition in the Wedbush Securities Investment Banking Group.

The Money Book: Michael Reilly

Investment Banking

Michael Reilly is chief investment officer equities group and has been the director of U.S. equities since 2006.

Feds Remove Hurdle for Cadiz Desert Water Project

Downtown water developer Cadiz Inc. moved a step closer to building its Mojave Desert water project as a federal agency removed a hurdle for its water pipeline, the company announced Monday.

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Jerry Brown Signs Bills Expanding Parental Leave, Banning Employers from Asking Salary Histories

Gov. Jerry Brown on Thursday signed one bill requiring employers with 20 to 49 workers to offer 120 days of parental leave and another bill banning employers from asking job applicants for salary histories.

Tetra Tech Inc. Scores $85 Million EPA Contract

Pasadena engineering firm Tetra Tech Inc. has won an $85 million contract from the Environmental Protection Agency to assess abandoned uranium mines in the Navajo Nation in the Southwest, the company announced Wednesday.

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Consumer Group Blasts Jerry Brown Over Newhall Ranch Project

The organization Consumer Watchdog has issued a statement asking whether Gov. Jerry Brown should sign a bill that would benefit the Newhall Ranch project in Santa Clarita since Brown’s sister sits on the development company’s board.

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Report: L.A. Freeways Claim Five of Top 10 Traffic Jam Spots in Nation

Two L.A. freeways – the 101 and the 405 – claimed five of the top 10 traffic jam locations in the nation in a study released Tuesday on traffic hotspots in 25 major cities by transportation analytics firm Inrix.

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Hilton Foundation Earmarks $9 Million to Combat L.A. Homelessness

The Conrad N. Hilton Foundation has awarded $8.5 million over three years to support a Home for Good initiative at the United Way of Los Angeles to help end chronic homelessness in Los Angeles County.

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Airport Seeks Lift From Ridesharing

Long Beach facility adds fees to help offset loss of revenue from decline in parked cars.

Rideshare fees will take off at Long Beach Airport to help offset dip in parking revenue.

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Foundations Pump $20 Million into L.A. Homeless Housing Loan Fund

Four foundations have loaned a total of $20 million towards an L.A. homeless housing loan fund, bringing the fund to $60 million, Mayor Eric Garcetti announced Tuesday.

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