Los Angeles Business Journal


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County Unemployment Rate Falls

L.A. County’s unemployment rate fell sharply in July to 7.1 percent from 7.5 percent in June, despite massive seasonal layoffs in education, state figures released Friday show.

L.A. OKs Tougher Penalties for Cig Sellers

Sell tobacco to a kid in Los Angeles and you’ll soon get a month-long time out.

City Council Puts Brakes on Allowing Uber, Lyft at LAX

It was a step back for Uber and Lyft Wednesday as the Los Angeles City Council voted overwhelmingly to intervene in the city airport commission’s decision to allow ridesharing companies to pick up passengers at Los Angeles International Airport.

L.A. to Bid for 2024 Olympics?

With L.A. 2015 now underway, how about L.A. 2024?

Condom Measure to Make Ballot, Backers Say

Condoms could soon be coming to the ballot box.

County Unemployment Falls Amid Slight Jobs Gain

L.A. County’s unemployment rate fell in June to 7.4 percent from 7.6 percent in May following a modest gain in employer payrolls, state figures released Friday show.

Bikeshare Coming in 2016

Bikesharing might finally be coming to Los Angeles.

Non-Profit Minimum Wage Exemption Moves Forward

A Los Angeles City Council committee recommended on Tuesday giving exemptions from the city’s new minimum wage ordinance to certain non-profit organizations.

County Unemployment Holds Steady Amid Modest Job Gains

L.A. County’s unemployment rate was unchanged in May at 7.6 percent amid modest job gains that left the county just short of its all-time payroll jobs peak, state figures released Friday show.

Fraud Charges for Live Nation Subsidiary, Former Tyson Adviser

The former president of a Washington, D.C., subsidiary of Beverly Hills entertainment giant Live Nation Entertainment Inc. is facing fraud charges in connection with stealing from clients.

Court OKs Affordable Housing Rules

In a decision that could impact developers across the state, the California Supreme Court ruled unanimously Monday to allow Los Angeles and other cities to require that developers provide affordable housing as a condition of getting building permits.

Wage Hike Becomes Official This Weekend

Los Angeles Mayor Eric Garcetti is scheduled to sign the city’s minimum wage hike into law this weekend, capping the wage-raising campaign he started last fall.

Wednesday Rundown: Wage Hike Almost Official, Sundance Cinema Selling, Arrowhead Drug Gets ‘Orphan’ Incentives

Council OKs Wage Hike It’s almost officially official: The Los Angeles City Council has given final approval to a minimum wage hike in the city, sending the measure to the mayor’s desk.

Minimum Wage Hike One Vote Away

L.A.’s minimum wage hike got one step closer Wednesday, but will need yet another approval from the City Council before going to Mayor Eric Garcetti.

L.A. Food Distributor Transferred Millions from Iran to U.S.

The owner of Primex International Trading Company, Inc., or Pitco, a food distribution company located near Los Angeles International Airport, has pleaded guilty to tax fraud and federal charges of operating an unlicensed business through which more than $17 million was transferred between the United States and Iran.