Los Angeles Business Journal

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AllenCo to Spend $700,000 on Improvements

The U.S. Environmental Protection Agency on Thursday announced an agreement with AllenCo Energy Inc. that will require the Signal Hill company to make significant improvements at its controversial oil field near USC.

Cardenas Invites Sriracha Maker to the Valley

U.S. Rep. Tony Cardenas wrote an open letter Wednesday to Sriracha-sauce maker Huy Fong Foods Inc. to consider relocating to the San Fernando Valley.

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In the Dumps

City zones may bury waste haulers

Waste haulers fear getting dumped by city of L.A.’s new franchise zone plan.

Commission Recommends Combining Ports, Regulating DWP

A commission of civic leaders on Wednesday recommended combining the ports of Los Angeles and Long Beach, creating a regional tourism authority and setting up an independent rate-setting body for the Los Angeles Department of Water & Power.

State Chamber Lists Job-Killer Bills

The California Chamber of Commerce released its annual list of “job killer” bills on Wednesday – and the current tally of 26 is fewer than in recent years.

Former Mayor of Glendale Sentenced for Embezzlement

John Drayman, a former Glendale councilman and mayor, was sentenced Monday to one year in jail for embezzling some $300,000 from the Montrose farmers market, the L.A. County District Attorney announced.

Los Angeles Lures Large Convention from San Diego

Los Angeles has snagged a major environmental convention from San Diego.

L.A. Council Passes Trash Franchise Program

The Los Angeles City Council on Tuesday approved a controversial program to turn commercial trash hauling in the city into an exclusive franchise system.

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Spillover Feared in Fracking Ban

ENERGY: Industry sees city of L.A. proposal closing other wells.

Oil companies fear a city of L.A. proposal to halt fracking would spill over to other drilling practices.

Long Beach Transit Cancels BYD Bus Contract

The board of Long Beach Transit voted Thursday to cancel the transit agency's contract for 10 of BYD Motors Inc.’s electric buses.

L.A. Chamber Endorses Shriver in Supes Race

The Los Angeles Area Chamber of Commerce on Thursday announced its endorsement of former Santa Monica councilman and Kennedy clan member Bobby Shriver for county supervisor.

Local Companies to Hire 10,000 L.A. Youths

Los Angeles Mayor Eric Garcetti announced Tuesday that Walt Disney Co. and other companies have pledged to hire 10,000 local youths for a summer jobs program, double the number hired last summer.

Assembly Passes Film Incentive Bill

A California Assembly committee on Tuesday approved a measure aimed at improving the state’s tax incentive program for the entertainment industry.

Oil Giant Dug Its Own Hole

COMMENT

Charles Crumpley notes that fracking opponents don’t trust Occidental Petroleum and seconds the emotion.

Pumped-Up Radicalism

OP-ED: Activists invoke word ‘fracking’ to get Los Angeles City Council to ban oil industry in city limits.

Los Angeles City Council has broken new ground on fracking panic with a potential ban on oil drilling, writes Dave Quast.