Los Angeles Business Journal

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Recent and archived news stories on: Politics, Federal, States, Local, Public Policy, Regulation, Social Services, Trade, Op-Ed/Commentary...

Villaraigosa Proposes Economic Development Department

Los Angeles Mayor Antonio Villaraigosa on Monday released his final budget as mayor. The $7.7 billion spending plan would close a previously estimated $216 million deficit and proposes creation of an economic development department.

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Hollywood Surprise

COMMENT

It’s a mighty tall order to accept the height of Millennium Hollywood’s proposed towers, Charles Crumpley writes.

Compromise Mattress Recycling Bill Moves Forward

After winning changes to a controversial recycling law, mattress manufacturers and retailers have dropped their opposition and allowed a compromise bill to clear a legislative hurdle on Wednesday.

Pair Charged in KPMG Case

Federal criminal and civil charges were filed Thursday against former KMPG partner Scott London and his friend who allegedly traded on insider information about KPMG clients that included Herbalife Ltd. and Skechers USA Inc.

California Chamber Flags 32 “Job Killer” Bills

The California Chamber of Commerce released its annual list of “job killer” bills on Monday, targeting 32 measures in the state Legislature it believes will have a negative impact on California’s business climate if they were to become law.

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Malibu Mulls Chains Break

Real Estate: Developers rip proposed retailer limits.

Developers aren’t buying a new Malibu proposal to restrict large chain retailers.

Some Clarification on Social Media Would Be Welcome

Michelle Lee Flores believes employees need guidance on use of social media.

Sky Tag Settles in Supergraphics Lawsuit

Los Angeles City Attorney Carmen Trutanich announced Friday that Michael McNeilly’s Sky Tag Inc. has agree to pay $1.2 million in civil penalties to settle a long-standing supergraphic billboard dispute with the city.

Lancaster to Require Solar Panels on New Homes

The Lancaster City Council has voted to make the city the first in the nation to require solar panels on all new homes in an effort to make the community more carbon neutral.

Political Pundit Schnur Drops GOP Registration

Dan Schnur, the longtime Republican strategist and political pundit who now runs the Jesse M. Unruh Institute of Politics at USC, has dropped his Republican Party registration.

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Oil Companies Don’t Dig Tax

ENERGY: Extraction levy may leave California in hole.

Cheesecake Factory looks to follow up its Mideast expansion by dishing out licensed locations in Latin America.

Stimulating Discussion

Reduction or phase-out of city’s gross receipts tax could determine future of business in Los Angeles.

The future of L.A. commerce could hinge on the handling of the city’s gross receipts levy, according to Larry Palmer.

California Policies Leave Companies Open to Poachers

Arthur F. Rothberg warns that California’s business policies are polishing the Lone Star State’s shine.

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Not All Campaign Ad Buys Translate for KMEX

TV: Station sees little spending from candidates despite leading ratings.

Spanish-language KMEX would like to channel more of mayoral candidates’ ad spending.

Mercury Sues Insurance Commissioner

Mercury General Corp.’s insurance unit has filed a lawsuit against state Insurance Commissioner Dave Jones, challenging his order of an 8 percent rate decrease for the company’s 270,000 homeowner policyholders in the state.