Los Angeles Business Journal


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Signatures Submitted for Measure for March Ballot; Another Measure Certified

Medical marijuana dispensary owners submitted more than 100,000 signatures Monday in their bid to place a measure on the Los Angeles city ballot in March to give the 135 dispensaries in operation before a 2007 moratorium priority in bidding for dispensary licenses.

Garcetti Names Administrator to Oversee Local Oil Operations

Los Angeles Mayor Eric Garcetti on Monday named the city’s first-ever oil administrator to regulate the safety of oil operations within the city.

L.A. Unemployment Rate Ticks Up to 4.9 Percent in August

L.A. County’s unemployment rate inched up to 4.9 percent in August even as employer payrolls grew, state figures released Friday showed.

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A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

FINANCE: Congress mulls pulling plug on visas tied to foreigners’ investments.

A controversial federal program that rewards foreign investors with visas in exchange for investments in economically depressed areas is set to expire at the end of the month if Congress doesn’t intervene.

L.A. Promises Free Year of Community College Tuition for LAUSD Graduates

L.A. city officials launched a program Wednesday to guarantee all high school graduates within the Los Angeles Unified School District at least one free year of tuition-free community college education.

SoCal Gas CEO to be Replaced; Utility Agrees to Pay $4M in Penalties for Leak

Just hours after agreeing to pay $4 million in penalties for the massive Aliso Canyon gas leak, SoCal Gas’ parent company announced the utility’s chief executive is being replaced as part of a major corporate shakeup.

L.A. Employers to Increase Hiring in Third Quarter

More LA employers say they plan to add workers during the fourth quarter, but more also plan to reduce payrolls in the third quarter, according to a survey to be released Tuesday from Manpower Inc.

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Cities Mull Means to Smoke Out Tax Revenue From Recreational Weed

Measure offers two streams: state fund for law enforcement as well as additional local business levies

Some local cities are looking to potential pot taxes to blunt lingering budget deficits.

Survey Maps Out Business Cities

Brand, livability help land Los Angeles at No. 13; top performer remains London.

Study of globe’s top business cities puts Los Angeles on the map at No. 13 out of 30.

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Business Groups Take Bruising From State Bills

POLITICS: Measures seen as ‘job killers’ include wage hike, farm overtime.

Business groups had a hit-and-miss session in laying to rest state “job killer” bills.

New Practice Speaks to Ex-California Governor

CONSULTING: Pete Wilson splits Morgan Lewis for Browne George Ross gig.

Former California Gov. Pete Wilson is setting up a consulting practice at Century City law firm Browne George Ross, leaving downtown’s Morgan Lewis & Bockius shortly after coming onboard during that firm’s takeover of now-defunct Bingham McCutcheon.

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Development Measure Yet to Find Poll Position

REAL ESTATE: Battle over restrictive initiative yields rival claims of support.

The L.A. city election might not be until March, but both sides of the Neighborhood Integrity Initiative battle have released polls showing completely opposite results.

Modest Salary Raises on Tap for Next Year

Looking for a big raise or to jump ship for a much higher-paying position next year? Not likely to happen, according to a survey released this week from Robert Half International.

Business Accelerator to Open In Watts

Watts is slated to get its first-ever business accelerator under plans announced Tuesday by the Valley Economic Development Center and a local community development organization.

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Paying Price?

DINING: Restaurants hit with lawsuit over health care surcharge.

Price-fixing lawsuit accuses high-end restaurants of cooking up health care surcharge.