Los Angeles Business Journal


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Businesses See Buoy in Pacific

TRADE: Firms expect waves of new sales if TPP goes through.Some businesses expect a sea change in their favor if the agreement among Pacific Rim countries goes through.

By Carol Lawrence November 23, 2015 midnight   $$ Share

County Unemployment Falls to 6.1 Percent

L.A. County’s unemployment rate fell last month to 6.1 percent as the county added 38,000 jobs, state figures released Friday show.

Voters Reject Malibu Shopping Center, Pass Hotel Tax in Hermosa Beach

Voters rejected a Whole Foods-anchored shopping center project in Malibu on Tuesday, while voters in Hermosa Beach approved a hike in that city’s hotel bed tax.

Newsom Supports Statewide Wage Hike

The Sacramento Bee on Tuesday reported that California Lt. Gov. Gavin Newsom has announced he is throwing his support behind statewide efforts to raise the minimum wage. The proposal, which is supported by the Service Employees International Union’s state council, would gradually raise the wage to $15 by 2020 and include six paid sick days a year.

Street Vendors Sue Fashion District BID and LAPD Over Confiscation of Carts

Street vendor activists filed suit in federal court Thursday against the downtown Fashion District Business Improvement District and the Los Angeles Police Department over the confiscation of carts and other personal belongs of street vendors.

Appellate Court Rules Controller May Audit DWP Union Nonprofits

A state Court of Appeal panel today affirmed City Controller Ron Galperin’s authority to audit two training institutes run by the powerful International Brotherhood of Electrical Workers, Local 18, and funded by ratepayer money through the Department of Water and Power.

Film Director, Producer Charged in Ponzi Scheme

The Los Angeles County District Attorney has charged a film director and an insurance agent with bilking an estimated $21.5 million from people who invested in a film they produced, “Not Forgotten.”

L.A. Quake Retrofit Ordinance Signed Into Law; Cost Burden Decision Deferred

The Los Angeles City Council on Friday passed an ordinance that will require landlords of thousands of apartment buildings to retrofit their buildings to better withstand earthquakes. Mayor Eric Garcetti signed the ordinance immediately afterward.

Mayor Garcetti Goes Gaga for Horror Story

Hit series “American Horror Story: Hotel” is proving scarily good for the city of Los Angeles – pumping $55 million into the local economy.

City Attorney Charges Hollywood Nightclub with Probation Violation

Los Angeles City Attorney Mike Feuer accused Hollywood nightclub Supper Club of violating a three-year probation by allowing long lines outside, smoking on the site and serving alcohol in restricted areas, according to a press release issued Wednesday.

Court Rules DC Comics Does Own Batmobile

A federal appeals court ruled Wednesday that Warner Bros. Entertainment’s DC Comics Inc. owns the copyright to the Batmobile as it appeared in the 1960s television show and 1989 film.

DARPA Grounds AeroVironment Drone Contract

AeroVironment Inc. was turned down for a contract under which it would have continued to develop a new unmanned aircraft for use by the U.S. Navy, the company said Tuesday.

County Unemployment Rate Dips Below 7 Percent

L.A. County’s unemployment rate fell below 7 percent last month for the first time in more than seven years, according to state figures released Friday.

AHF Submits Signatures for Condom Measure

The AIDS Healthcare Foundation on Monday filed more than a half million signatures needed for a ballot measure on mandatory condom usage in adult films throughout California.

Organizers Project Profit on L.A.’s $6.4 Billion Olympics

Los Angeles’ bid to host the 2024 Olympic Games comes with a $6.4 billion price tag, according to a report released Tuesday by Mayor Eric Garcetti’s office.

L.A. Council Clears Way for Uber, Lyft at LAX

The day is nearly at hand when passengers arriving at LAX will be able to hail a ride with their smartphones.