Stories by Howard
Special Edition: LA500
LA500 leaders reshape the region with a multibillion-dollar infrastructure building boom
Cosmetics-maker sets plan for expansion, additional products
City’s Green Initiative drives LADWP plans for Long Beach generators
Natural gas-fueled generators set for demolition as L.A. looks to go green.
ENERGY: Utility sets $1.5B offering and $1B loan to offset wildfire-related costs
Edison’s stock falls on news it’s planning to issue more shares.
Rosemead-based Edison International announced April 30 it is planning its first substantial new stock offering in a quarter century, a common stock issue of up to $1.5 billion in value to provide operational funding and more cash to deal with increased costs related to wildfires.
Southern California Gas Co. has been hit with an $8 million fine from state regulators for alleged billing violations.
Aerospace: Firm weathers Max woes, WOW bankruptcy
Used-aircraft market could boost Air Lease.
Los Angeles consumer confidence fell to a nearly four-year low during the first quarter as local consumers grew increasingly concerned about future job prospects, according to a survey released April 22.
L.A. County’s unemployment rate in March dipped slightly to 4.6 percent, the combined effect of a modest gain in jobs and several thousand workers leaving the labor force.
Local engineering giant’s URS unit in hunt for aircraft logistics work
AECOM looks to cement defense contractor position with bid on $13B Navy contract.
LEDtronics has made industrial LED lights for more than 35 years
LEDtronics sticks to its roots in commercial and industrial lighting market.
United, Southwest want more LAX gates; cargo facility demolition could be sped up
United, Southwest could benefit from proposed LAX expansion.
Edison to add charge for Alliance customers
For businesses in the 22 L.A. County cities and unincorporated areas that have joined the Clean Power Alliance, power bills are about to get a little more complicated.
SoCal businesses face choice between cost and sustainability
Clean Power Alliance offers businesses choice on renewable energy.
$105M project aims to speed passage from ports of LA and Long Beach
Construction begins on Alameda Corridor project to separate freight trains and vehicles.
Los Angeles airport officials on April 4 unveiled preliminary plans for two new passenger terminals at Los Angeles International Airport.
UCLA’s Samueli School of Engineering has received a $5 million gift from an alumna to fund a program providing support for women engineering students, the school announced April 2.
Pasadena-based engineering consulting firm Tetra Tech Inc. announced April 3 that it has acquired eGlobalTech, an information technology, cybersecurity and management consulting firm based in Arlington, Va., that primarily contracts with federal government agencies.
In the space of three days at the end of March and early April, four nonstop flights were resumed or added at Los Angeles International Airport, according to announcements from various airlines.
Special Report: Environmental Business
Agriculture company aims for all clean power by 2025
February passenger traffic at Los Angeles International Airport eked out a slight gain of 22,000, or 0.4 percent, from January to reach 6.07 million and is up 0.8 percent on the year to 12.83 million, according to figures released by the airport’s governing authority on March 27.
The Central City Association, downtown’s main business group, announced on March 27 the addition of six members to its board of directors.
Century City-based engineering and infrastructure firm AECOM has been awarded a five-year contract of up to $300 million to provide environmental cleanup services for NASA, the company announced March 26.
West Los Angeles-based agriculture giant Wonderful Co. announced March 26 that it plans to use 100 percent renewable energy for all of its farming and food operations in the U.S. by 2025.
Unemployment in L.A. County ticked down slightly in February to 4.6 percent, the combined effect of a modest gain in jobs and a few thousand workers leaving the labor force.
Engineering and defense contractor shifts strategy ahead of IPO
After news of HQ move, Parsons prepares to go public.
ENERGY: Edison’s business customers to see bills change
Hundreds of thousands of Southern California Edison’s business customers will see their bills change in coming weeks and months, thanks to two major rate alteration programs.
USC’s board of trustees on March 20 unanimously named Carol Folt, former chancellor of University of North Carolina, Chapel Hill, as its first woman president.
AVIATION: Boeing plane crashes hit leasing co.’s fleet
Last week’s grounding of Boeing Co.’s 737 MAX 8 commercial jetliner has hit Century City aircraft leasing company Air Lease Corp.
Los Angeles International Airport surpassed Tokyo’s major airport to move up a notch to the No. 4 spot on the list of the world’s busiest airports as ranked by 2018 passenger traffic, according to a report released March 13.
The Ventura County Fire Department on March 13 issued a report saying that arcing of wires owned and operated by Southern California Edison caused the massive 2017 Thomas Fire in Ventura and Santa Barbara Counties that charred 282,000 acres, destroyed nearly 1,100 structures and killed two people.
UCLA and USC on March 12 removed three high-ranking athletics officials who were charged by federal authorities in a nationwide university admissions fraud scheme.
USC’s business school moved up a notch in the latest rankings issued by U.S. News & World Report on March 12, closing in on UCLA’s position.
L.A. County’s unemployment rate in January remained at 4.7 percent for the third straight month, despite heavy seasonal job losses, according to state figures released March 8.
Parsons and Jacobs take employees, projects; tech opportunities remain
Has Los Angeles County lost its engineering mojo?
Q4 loss stems from $1.8B wildfire-related writeoff
Rosemead’s is Edison International took a $1.8 billion charge during the fourth quarter of last year to set aside funds to handle existing and expected wildfire and mudslide damage claims
TRANSPORTATION: Local firms receive $18M so far
Four years ago, Cary Jordan moved his family restaurant Jordan’s Hot Dogs from Watts to Crenshaw Boulevard in Hyde Park
Solar panel firm’s last outpost to shutter by end of May; 47 workers to be let go
The sun is finally setting on Verengo, a local solar panel installer that was once the third largest in the nation but entered bankruptcy in 2016
A former math professor has donated $1 million to UCLA to bring visiting mathematics professors to the campus.
The Boring Co. has been chosen by the Las Vegas Convention and Visitors Authority to design, construct and operate an underground people mover for the Las Vegas Convention Center, which is now undergoing a 1.4 million-square-foot expansion, the authority announced late on March 6.
Pomona College has received a $15 million gift from an alumna and New York philanthropist
Ampaire takes battery revolution skyward
Ampaire’s battery-powered plane gives aircraft industry a jolt.
ENGINEERING: Firm moves Pasadena HQ to DC metro
Los Angeles County is losing another major corporate headquarters.
No immediate local layoffs planned
Los Angeles County is losing another major corporate headquarters.
Pomona College has received a $15 million gift from an alumna and New York philanthropist for naming rights and continued construction of an art museum, the college announced Feb. 27.
Bidders on original proposal could sue after L.A. County changed plans
New development plans for Men’s Central Jail could land L.A. in hot water.
Activist shareholder calls for pay package reform ahead of annual meeting
Activist shareholder looks to force changes at AECOM.
The economy in Los Angeles County will experience steady growth in jobs, economic output and personal income this year and next year, according to a forecast released Feb. 20 by the Los Angeles County Economic Development Corp.
Pepperdine University’s Board of Regents late on Feb. 13 named James Gash, an associate dean at the university’s law school, as its eighth president and chief executive, the university announced Feb. 15.
Labor commission: Construction co. issued bad checks to more than 1,000 workers
Construction company hit with $12M in fines for wage theft.