Ryan Names Soon-Shiong to Congressional Health IT Committee

House Speaker Paul Ryan on Wednesday named L.A. billionaire surgeon and cancer research leader Patrick Soon-Shiong to an advisory committee on health care information technology.

County Homeless Count Surges to Nearly 58,000

Almost 58,000 people are homeless in Los Angeles County on any given night, up 23 percent from a year ago, according to the latest count from the Los Angeles Homeless Services Authority released Wednesday.

Musk Threatens to Withdraw from Trump Advisory Council Should U.S. Leave Paris Climate Treaty

SpaceX and Tesla Chief Executive Elon Musk said on Twitter Wednesday that he would leave President Donald Trump’s Advisory Forum should the United States withdraw from The Paris Agreement on climate change.

Cement, Concrete Firm Will Add Facility to Mix

Construction: Cemex USA says boom in building has solidified need for site.

Cemex USA plans a new facility to serve a build-up in demand for cement and concrete.

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L.A. Chamber Cancels Turkey Business Forum after Protest Beating Incident

The Los Angeles Area Chamber of Commerce has cancelled a forum set for this week on doing business with Turkey.

Range of Firms Looks to Ride Rail-Line Contracts

TRANSPORTATION: Tutor Perini, Parsons among takers of $1 billion in local projects.

Local firms are on board with high-speed rail-line contracts despite criticism of the project.

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City’s Take on Sustainability May Buoy Businesses

HOUSING: Construction, design firms get green light with Santa Monica policy.

Santa Monica’s zero-net-energy policy could pay off for construction and design businesses.

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L.A. Council Passes $9.2 Billion Budget

The Los Angeles City Council on Thursday unanimously passed a $9.2 billion budget for the 2017-18 fiscal year beginning July 1, a 5 percent increase over the current fiscal year, and nearly $500 million more than what Mayor Eric Garcetti proposed last month.

Echo Park Homes Set to be Preserved as Historic Monument after Developer Filed Plans for Demolition

Seven pre-World War II bungalows in Echo Park are set to be preserved as a historic monument, preventing L.A. developer Bixel House from demolishing them to build 12 small-lot subdivision single-family homes.

City of L.A.’s Rental Unit Law Proves Tough Sell

DEVELOPMENTT: New rules draw fire from businesses, which may relocate projects.

City of L.A.’s new law on rental unit requirements might spur projects to move away.

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Los Angeles Moves to Legalize Bootlegged Residential Units

Around 5,000 bootlegged units across Los Angeles created without a city permit could soon become legal.

Logistics Loses Ground in City

SHIPPING: Carson extends moratorium on new operations.

Carson and logistics firms have yet to map out a plan to balance business and residential issues.

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Cadiz Announces $255 Million in Construction Financing for Desert Water Project

With the Trump administration soon likely to approve its long-sought desert water storage and transmission project, Cadiz Inc. announced Tuesday it has arranged up to $255 million in construction financing from giant private equity firm Apollo Global Management.

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Utility Puts More in Storage at Facilities

ENERGY: SCE equips two plants with battery systems.

Southern California Edison plugs new hybrid-car-like battery storage systems at two power plants.

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L.A. County Hits Lowest Unemployment Rate in Decades

L.A. County’s unemployment rate fell to 4.6 percent in March, the lowest level in at least 30 years, state figures released Friday show.