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Los Angeles Mayor Eric Garcetti on Thursday announced that the city has issued permits for 40,800 new housing units since he took office in July 2013, putting the city ahead of his target for 100,000 new units permitted by mid-2021.
Backers of an initiative to curb mega-developments in Los Angeles turned in nearly 104,000 signatures to the city clerk’s office Wednesday, 67 percent more than the 62,000 needed to place the measure on next March’s ballot.
The groups behind a scheduled fundraiser in Hollywood this past weekend for the medical marijuana industry cancelled the event after receiving word from the Los Angeles Police Department that the event was regarded as unlawful.
The long-running battle between local card rooms and tribal gaming casinos has a new skirmish line: a change in an obscure state rule that could cost the local card rooms millions of dollars in revenue each year.
Los Angeles Department of Water and Power chief operating officer David Wright was appointed the agency’s interim general manager Tuesday by the Board of Water and Power Commissioners. He replaces Marcie Edwards, who announced her resignation earlier this month.
Despite multiple efforts to halt construction on the Metro’s planned extension of the Purple Line, the project keeps chugging along.
POLITICS: Pot fundraiser’s organizers hope to turn up heat on L.A. city officials.
Call it a pot fundraiser – not to buy weed but to raise money to wield more clout at City Hall.
CIT, parent of OneWest Bank of Irvine, announced Monday that it’s providing $100,000 to the Los Angeles Latino Chamber of Commerce for technical assistance to small businesses.
POLITICS: Legislation to extend cap-trade program among bills drawing fire.
Business groups are targeting roughly a dozen key bills still remaining in Sacramento during the closing weeks of the legislative session.
The U.S. Environmental Protection Agency on Wednesday announced settlements with two Southern California facilities for improper handling of hazardous waste.
Oprah Winfrey’s upcoming Disney film is among the 28 beneficiaries named in the latest round of California’s Film and Television tax credits, which were announced Tuesday by the California Film Commission.
American Olympians, young Angelenos benefit from ’84 event
The financial legacy of the 1984 Olympic Games in Los Angeles lives on as local leaders continue their effort to secure the 2024 summer games.
Los Angeles Mayor Eric Garcetti is speaking for the first time at the Democratic National Convention on Thursday in Philadelphia. In addition to showing his support for Democratic presidential nominee Hillary Clinton, Garcetti said he will “share the story of Los Angeles as a model for the country,” according to an email sent to his 2017 reelection supporters. Of his achievements under his administration, Garcetti is expected to highlight the citywide law passed in May to increase the minimum wage to $15 an hour.
Herbalife Ltd.’s $200 million settlement with the Federal Trade Commission will mean a rethinking of how it conducts operations, but reimagining a $6 billion company’s business model is no easy task.
Business Journal sorts through the good and bad news in Herbalife’s $200 million FTC settlement.