Los Angeles Business Journal


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New FAA Rules Offer Lift to Drone Businesses

AVIATION: Guidelines cut back on requirements for pilots, reduce paperwork.In a decision that drone filming industry advocates say will relieve regulatory burdens, the Federal Aviation Administration has announced new rules for the commercial use of unmanned aircraft weighing less than 55 pounds.

By Garrett Reim June 24, 2016 midnight   Share

County Pays Out $20 Million for Rail Property

TRANSIT: Authority had offered Santa Monica less based on use restrictions.

On the heels of the Metro Expo Line opening in May, the Los Angeles County Board of Supervisors quietly approved a nearly $20 million payout to the city of Santa Monica for the parcel of land at the rail line’s terminus.

City Planning Commission Approves Limits on Short-Term Rentals

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. Metro Board Approves Half-Cent Sales Tax Increase

The Los Angeles Metropolitan Transportation Authority Board approved a transportation expenditure plan Wednesday that would place a countywide half-cent sales tax increase on the upcoming November ballot.

L.A. Officials Take Steps to Help Businesses in City

L.A. city officials on Wednesday took several steps to help small businesses and manufacturers.

L.A. Affordable Housing Initiative Placed on November Ballot

The Los Angeles City Council on Tuesday formally placed a labor-backed affordable housing measure on the November ballot.

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Desert Projects Sweat Election

POLITICS: Businesses want OKs before new presidency.

Companies behind two Mojave projects fear getting sandbagged by change in White House.

County Unemployment Rate Lowest in Nine Years

L.A. County’s unemployment rate fell to 4.9 percent in May, the first time below 5 percent in nine years, according to state figures released Friday.

Backlog Can Make Court Costs Tough to Judge

LAW: Recession-spurred cutbacks resulted in system that can drag out litigation.

Verdict is in: Backlogged courts can drag out business disputes and drive up legal costs.

Expanded Paid Sick Leave Mandate Moving Forward in L.A.

The city of Los Angeles is a step closer to requiring all employers to provide six days of paid sick leave to their workers, three days more than mandated under state law.

Legislature Approves Minimum Wage Hike to $15 an Hour; Gov. Brown Expected to Sign

The state Legislature on Thursday approved a minimum wage hike to $15 an hour for all employers in California by 2023, sending the bill to Gov. Jerry Brown for his expected signature on Monday.

Judge Dismisses Donald Sterling’s Case Against Wife, NBA

A federal judge dismissed Tuesday a lawsuit filed by former Los Angeles Clippers owner Donald Sterling alleging his wife, the National Basketball Association and several other actors colluded to sell the team for $2 billion without his permission.

City Approves Hollywood Palladium Towers

The Los Angeles City Council voted on Tuesday to allow construction of the Palladium Residences, which would bring two 28-story towers with 730 units to Hollywood.

West Hollywood Approves Smaller Minimum Wage Hike

Employers in West Hollywood won a major victory early Tuesday morning as a majority of the City Council backed a smaller hike in the minimum wage to $12 an hour, rather than the $15 an hour backed by staff and enacted in the city and county of Los Angeles.

Digital First Media Set To Acquire Freedom Communications

A federal judge has approved the sale of Orange County Register parent company Freedom Communications Inc. of Santa Ana to Digital First Media, which owns the Los Angeles Daily News, among other newspapers.