Los Angeles Business Journal

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Vote on Drilling Might Cost City

Oil: Hermosa Beach could hit gusher – or pay big breakup bill.Oil: Rejection of drilling project could leave Hermosa Beach facing a big financial hole.

By Howard Fine October 13, 2014 midnight   $$ Share

Council Asks for Minimum Wage Study

A Los Angeles City Council committee on Tuesday called for an independent study of two proposals to raise the minimum wage, delaying consideration of a wage hike until at least early next year.

Mayor Demands Water Cuts to Fight Drought

Los Angeles Mayor Eric Garcetti today issued a directive that requires a reduction in city agencies’ fresh water use by 20 percent by 2017 and cuts in half the amount of water the Department of Water and Power can import by 2024.

Council Proposal Could Push L.A. Minimum Wage Above $15

Four Los Angeles city councilmembers on Tuesday introduced a motion to raise the city’s minimum wage to $13.25 by 2017, a hike proposed by Mayor Eric Garcetti.

Bill Clinton to Headline Banc of California Event

Former president Bill Clinton will keynote Banc of California’s financial literacy event on Nov. 9 at USC’s Galen Center. The event sponsored by the Irvine bank will provide personal finance training to 5,000 “at-risk” young people from the area.

Governor Brown Signs Grease Theft Bill

Gov. Jerry Brown has signed a bill to crack down on theft of used kitchen grease.

Shriver for County Supervisor

Business Journal gives nod to Bobby Shriver in county supervisor race.

Hollywood Chamber Horsetrades on Wages

The Hollywood Chamber of Commerce said on Tuesday that it supports the idea of raising the citywide minimum wage – but only if the Los Angeles City Council rejects a proposal to hike the minimum wage for hotel workers.

Hotel Owners, Business Groups Threaten Suit if Council Passes Wage Mandate

Hotel owners and local business groups heave threatened to sue the city of Los Angeles if the City Council tomorrow approves a proposed hotel minimum wage mandate.

L.A. Chamber Opposes Garcetti Plan to Hike Minimum Wage

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.

Governor Signs Paid Sick Leave Bill

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.

Internet Clicks With Low Rates

In what could be a revival of an old fight, local Internet companies are pushing L.A. city officials to extend the low business tax rate the city carved out for them four years ago.

Gov. Brown Reaches Deal Tripling State Film Tax Credit

Gov. Jerry Brown reached an agreement on a bill on Wednesday that would more than triple funding for California's film and TV tax-credit program.

Grease Theft Bill Passes Legislature

The state Legislature has approved a bill to increase penalties for stealing used kitchen grease from restaurants.

Condom Bill Fails in Senate

A bill requiring mandatory condom usage on adult film sets in California died Thursday in the Senate Appropriations Committee, but backers plan to re-introduce it next year.

11 Percent Hike Recommended for Workers’ Comp

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.