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Howard Fine

Stories by Howard

Survey Finds 28 Percent of L.A. Professionals Workers Have Quit Jobs Due to Long Commutes

Twenty-eight percent of Los Angeles-area professional office workers have quit a job at some point in their lives because of long commutes, according to a survey released Sept. 25 from San Francisco-based professional staffing firm Robert Half International.

Brown Signs Bill Granting Edison, Other Utilities, Some Relief from Wildfire Damage Claims

Gov. Jerry Brown on Sept. 21 signed a bill granting shareholders of Southern California Edison and the state’s two other investor-owned utilities some relief from potentially billions of dollars in future wildfire damage claims.

L.A. County Unemployment Rate Held Steady at 4.5 Percent in August

L.A. County’s unemployment rate held steady at 4.5 percent in August for the third straight month, even as the county recorded sizable job gains, according to state figures released Sept. 21.

Trains to Planes

Crenshaw-LAX line nears completion, will add 8.5 miles to local rail network

What will the 8.5-mile Crenshaw-LAX line look like when done?

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Gov. Brown Signs Straw Ban Bill

Measure prohibits restaurants from automatically providing plastic straws

Gov. Jerry Brown on Sept. 20 signed a bill prohibiting dine-in restaurants from automatically providing single-use plastic straws to customers; as of Jan. 1, straws can only be provided upon request.

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Tetra Tech Awarded $21M Contract for Sustainability in Cambodia

Pasadena engineering firm Tetra Tech Inc. announced Sept. 18 that the U.S. Agency for International Development has awarded the company a $21 million, five-year contract to provide sustainability management and biodiversity conservation services in Cambodia.

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Gov. Brown Signs Bill Legalizing Sidewalk Vending

Gov. Jerry Brown on Sept. 17 signed a bill to decriminalize sidewalk vending and give cities the right to set up permit systems for street vendors.

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American Air’s $1.6B Plan

American Airlines plans to take off soon with a $1.6 billion renovation of two LAX terminals.

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Legislators Launch Aerospace Caucus

A bipartisan effort by two Southern California lawmakers has led to the creation of the California Aerospace Caucus in Congress

California Aerospace Caucus Launched in Congress

Two Southern California lawmakers on Sept. 12 announced the creation of the California Aerospace Caucus in Congress to promote legislation that supports the region’s aerospace industry.

Contract Negotiations For $1B LAX Car Rental Facility to Proceed

The Los Angeles Board of Airport Commissioners on Sept. 6 green lighted Los Angeles World Airports’ staff to negotiate a contract with a consortium to design, build and operate the $1 billion consolidated car rental facility near Los Angeles International Airport.

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Clean and Green

L.A. scores high marks in latest survey on cleantech adoption, productivity rates

How L.A. County fares in the clean energy and cleantech industries.

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Pepperdine, AEG Join on Classroom

Staples Center to house sports, entertainment business school classes

Pepperdine University’s partnership with Staples Center owner AEG puts new entertainment, sports and media management courses in the center of the action.

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Demand Up for M.S. Degrees

EDUCATION: Business schools respond to market

How M.B.A.s have spawned a new batch of business-focused M.S. programs.

Ares Management Buys Assets of Texas Oil and Gas Company

Century City private equity firm Ares Management announced Sept. 6 that its power and infrastructure fund Ares EIF has closed on the acquisition of the assets of Irving, Texas-based oil and gas company Paradigm Energy Partners from an affiliate of Stonepeak Infrastructure Partners of New York.

Cadiz Shares Jump as Bill to Slow its Desert Water Project Dies in Legislature

Shares of Los Angeles water project developer Cadiz Inc. shot up 19 percent on Sept. 4 after a bill to slow its desert water project died in the Legislature during the final hours of the session on Aug. 31.

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WeHo Private Equity Firm Invests in Baja California Green Energy Company

Everlert Inc., a West Hollywood private equity firm, announced Sept. 4 that it has taken a 40 percent stake in Baja Green Energy S.A., a Mexican developer of renewable energy generation and storage projects.

Q&A: Beutner Plans for Business, Education Ties

LAUSD Chief Seeks Bigger Role for Community of Business

The newly appointed boss of Los Angeles Unified School District talks about the role the community of business can – and, he emphasizes, should – play in the lives of local schools and student

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Bail Bond Supporters Plan to Seek Reprieve

FINANCE: Qualifying measure would delay effects

Bail-bond companies want referendum on new pretrial bail ban.

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Compton College Clears Final Hurdle to Emerge from Trustee Oversight

Compton College on Aug. 29 cleared its final hurdle to emerge from trustee oversight as California Community Colleges Chancellor Eloy Ortiz Oakley signed an executive order certifying the college will regain full autonomy next June.

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Villaraigosa Joins MedMen Board

Former Los Angeles Mayor Antonio Villaraigosa has joined the board of MedMen Enterprises, the Culver City cannabis company announced early Aug. 29.

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Fewer Workers in L.A. Think They Are Underpaid Compared to National Average: Survey

Thirty nine percent of Los Angeles area professional workers believe they are underpaid, below the national average of 46 percent, according to a survey from Menlo Park staffing firm Robert Half International.

LAX Passenger Traffic Up 3.2 Percent in July, 4.8 Percent Year-to-Date

Passenger traffic at Los Angeles International Airport rose 3.2 percent in July compared to last year and was up 4.8 percent for the seven months of this year, according to figures released Aug. 28 by airport officials.

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Slight Gains for Big Employers

ECONOMY: Cal State-L. A., UCLA make big additions

L.A. County’s largest public and private employers see modest gains.

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Finnair to Launch Nonstop Service from LAX to Helsinki Starting March 31

Finnair was set to announce on Aug. 21 that it will offer the first nonstop flight service from Los Angeles International Airport to Helsinki, Finland starting on March 31.

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Edison, Other Utilities Lose Bid to Reduce Liability for Wildfires

The effort by Southern California Edison and the state’s two other investor-owned utilities to reduce billions of dollars in potential liabilities from wildfires died in the Legislature on Aug. 18, according to news reports quoting the key lawmakers involved.

Gov. Brown Appoints Roski Scion to Science Center Board

Gov. Jerry Brown on Aug. 17 appointed Patricia Roski to the board of the California Science Center, among other local appointments. Roski is the daughter of Ed Roski, no. 9 on the Los Angeles Business Journal’s list of Wealthiest Angelenos with $5.3 billion.

L.A. County Jobless Rate Steady at 4.5 Percent in July

Numbers reflect seasonal job losses in education

L.A. County’s unemployment rate held steady at 4.5 percent in July even as seasonal job losses gripped the education sector, according to state figures released Aug. 17.

Eagle Crest on Move in Mojave

ENERGY: Feds give key OK; license hurdle ahead

Eagle Crest Energy’s business model depends on whether it can build a hydropower energy storage plant near Joshua Tree National Park.

L.A. Airport Board Approves Lease Agreements for Consolidated Car Rental Facility

The Los Angeles Board of Airport Commissioners on Aug. 16 approved lease agreements of up to 25 years with seven major car rental companies operating near Los Angeles International Airport to move into a consolidated car rental facility east of the airport when it is slated to open in 2023.

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Musk’s Boring Co. Proposes Tunnel Connecting Subway Station, Dodger Stadium

Billionaire Elon Musk’s Boring Co. on Aug. 15 released a proposal to build a 3.6-mile-long tunnel between Dodger Stadium and one of three nearby subway stations and run high-speed pods that could whisk passengers to or from the stadium in four minutes.

Energy Firm Bets on Subscribers

Utilities: Flat fee on renewables key to model

Inspire Energy Holdings hopes to grow its urenewable energy procurement company with a unique, but risky, business model.

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Corporate Gifts Grow in L.A.

PHILANTHROPY: 9.6% hike outpaces national rate

What the corporate philanthropy climate looked like in 2017.

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Art Center Completes $103M Bond Sale

College will pay down debt, improve facilities

A $103 million bond sale helps the Art Center College of Design expand.

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Aecom Announces Repurchase of $150M of Shares

Century City engineering and construction firm Aecom on Aug. 9 announced the repurchase of $150 million worth of shares, the initial action under a $1 billion share repurchase authorization from the board last September.

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Pasadena’s Art Center Completes $103M Bond Offering to Fund Renovations

The Art Center College of Design announced on Aug. 7 that it completed the sale of $103 million in bonds, of which $42 million will fund the renovation of facilities on its two Pasadena campuses.

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Nikias Out at USC; Trustee, Former Aerospace Exec Austin Named Interim President

Max Nikias on Aug. 7 stepped down as president of USC and the board of trustees named one of its own, Wanda Austin, as interim president pending a nationwide search, board chair Rick Caruso announced in a letter to USC students, faculty and staff following an afternoon board meeting.

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Dodgers Venture Arm Invests in Youth Sports Training Company Startup

The Los Angeles Dodgers announced Aug. 1 that the club’s venture arm has invested in a new youth sports training company co-founded by former Dodger Nomar Garciaparra.

Brown Appoints Local Redevelopment Consultant to UC Board of Regents

Gov. Jerry Brown on Aug. 6 appointed Pasadena redevelopment consultant Cecilia Estolano to the University of California Board of Regents.

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Resnicks Donate Additional $2.4M to Food Law Center at UCLA School of Law

Billionaire farm and food magnates Lynda and Stewart Resnick have donated an additional $2.4 million to the UCLA School of Law for research and educational resources at their Resnick Center for Food Law and Policy, UCLA officials announced Aug. 1.

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Record Property Values

6.6% gain puts county total at $1.57 trillion

City of Industry leads L.A. County in assessed property value gains.

Game-Day Gondola?

Union Station-to-Dodger Stadium cable car would cut across L.A.’s skyline.

A gondola could be on the horizon for Dodger fans attending games at the stadium.

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FAA Announces Infrastructure Grants to Local Airports

The Federal Aviation Administration on Aug. 1 and Aug. 2 announced grants for infrastructure improvements at two local airports, Los Angeles International Airport and Ontario International Airport.

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L.A. Mayor Garcetti Names McClain-Hill to DWP Commission

Los Angeles Mayor Eric Garcetti on Aug. 1 nominated prominent attorney, lobbyist and businesswoman Cynthia McClain-Hill to the board of Water and Power Commissioners.

FIDM Fashion School Names Verreos, Paul Co-Chairs of Design Program

Downtown’s Fashion Institute of Design & Merchandising announced July 31 it has named red carpet designers Nick Verreos and David Paul as new co-chairs of the school’s fashion design program.

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UCLA Receives $25M Gift from Local Real Estate CEO for Humanities and Philosophy Studies

A local real estate executive has led a $25 million donation to UCLA’s humanities division, with $20 million going to the university’s philosophy department, UCLA officials announced July 30.

Assessed Value of Real Estate in L.A. County Hits Record $1.57 Trillion

In another sign of L.A.’s continuing real estate boom, the total assessed value of real estate in Los Angeles County rose 6.6 percent this year to a record $1.57 trillion, according to an announcement late on July 27 from Los Angeles County Assessor Jeffrey Prang.

Will Wildfires Scorch Edison?

UTILITIES: Bonds on watch as state considers liability

Edison International investors aim to protect their equity.

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Confidence Finds Footing

ECONOMY: 1st uptick in Lowe Institute’s L.A. index

Consumer confidence turns negative.

LAX Passenger Traffic Up 3.7 Percent in June, 5.1 Percent Year-to-Date

Passenger traffic at Los Angeles International Airport rose 3.7 percent in June compared to last year and was up 5.1 percent for the first half of this year, according to figures released July 26 by airport officials.

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