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Howard Fine

Stories by Howard

Air Lease Corp. Planes Grounded

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.

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LAX Surpasses Tokyo Airport for No. 4 Global Passenger Ranking

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.

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Report: Arcing of SoCal Edison Wires Caused Massive 2017 Thomas Fire

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.

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UCLA, USC Remove Three Following Nationwide University Admissions Fraud Scheme

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.

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USC Edges Up in Biz School Ranking Closer to UCLA

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.

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LA Unemployment Rate Held Steady in January

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.

Departures Leave Void in LA Engineering Sector

Parsons and Jacobs take employees, projects; tech opportunities remain

Has Los Angeles County lost its engineering mojo?

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Metro Grants Keep Doors Open

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

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Sun Sets on Verengo Solar

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

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Edison Takes $1.4B Loss

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

Former Math Professor Donates $1M to UCLA for Visiting Faculty

A former math professor has donated $1 million to UCLA to bring visiting mathematics professors to the campus.

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ELEVATING ELECTRIC

Ampaire takes battery revolution skyward

Ampaire’s battery-powered plane gives aircraft industry a jolt.

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POMONA ALUM GIVES $15M GIFT FOR MUSEUM

Pomona College has received a $15 million gift from an alumna and New York philanthropist

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Parsons Decamps for Va.

ENGINEERING: Firm moves Pasadena HQ to DC metro

Los Angeles County is losing another major corporate headquarters.

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Parsons Corp. Moves Headquarters from Pasadena to Northern Virginia

No immediate local layoffs planned

Los Angeles County is losing another major corporate headquarters.

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Pomona Alumna Gives $15M Gift for Museum, Naming Rights

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.

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$2.2B Jail Conversion Contract Could Be Disputed

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.

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AECOM Compensation Scrutinized

Activist shareholder calls for pay package reform ahead of annual meeting

Activist shareholder looks to force changes at AECOM.

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LAEDC: L.A. Economy to See Steady Growth Through 2020

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.

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Pepperdine Taps Global Justice Reform Advocate James Gash as New President

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.

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Contractor Fined Nearly $12 Million for Wage Theft Violations

Labor commission: Construction co. issued bad checks to more than 1,000 workers

Construction company hit with $12M in fines for wage theft.

CLOUD COMMUTE

Float Shuttle envisions commuter service that flies over traffic

Float Shuttle looks to the skies to ease L.A. commutes.

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San Gabriel Valley Construction Contractor Cited for Nearly $12 Million in Wage Theft Violations

The state Labor Commissioner’s office has fined the former owners of a now-shuttered San Gabriel Valley construction subcontractor for nearly $12 million in wage theft violations.

Flying High

LA airports – and the airlines that serve them – see flights tick up in 2018

L.A.-area airports see record number of passengers.

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Train’s Fate No Deterrent

INFRASTRUCTURE: High-speed rail contracts proliferate

Full speed ahead for local companies with high-speed rail contracts.

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AECOM’s Kansas City Airport Bid Back in Play

Firm resubmits after bid winner’s plan questioned by K.C. City Council

Second chance for AECOM in Kansas City?

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SOUTHLAND DRIVE

C.W. Driver Cos. celebrates year 100 in Los Angeles

C.W. Driver still in demand after 100 years.

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Torrance Aerospace Firm Donates $1.5M to Catalina Airport, Receives Naming Rights

Torrance aerospace firm Ace Clearwater Enterprises is donating $1.5 million towards the cost of runway repairs at Catalina Island’s Airport in the Sky, giving it naming rights to the airfield.

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Ethiopian Airlines to End First Nonstop Service from LAX to Africa Next Month

Barely two months after it began, Ethiopian Airlines will end the first nonstop service from LAX to Africa next month, according to a report in online airline flight route tracker Airlineroute and indirectly confirmed in a press release from the airline.

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Passenger Traffic at LA-Area Airports Up in 2018

Passenger traffic rose in 2018 at all four commercial airports serving Los Angeles County, according to statistics released recently by each of the airport governing authorities.

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Cal Poly Pomona Reveals $79M Student Center

Local firms behind project say undulating roof is unique

Cal Poly Pomona’s new building top of class.

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Breitburn Bet Ends on Sour NoteFirm’s $2B, debt-financed oil deal led to bankruptcy, LA exit

Breitburn Energy Partners ran out of gas as oil prices dropped.

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Fires Ignite Tetra Tech Biz

ENGINEERING: Firm wins $250M Camp Fire contract

Controversy around Tetra Tech contracts.

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L.A. Consumer Sentiment Remained Steady in Fourth Quarter: Survey

Los Angeles consumer confidence was essentially unchanged during the fourth quarter of 2018 amid cross-currents of positive and negative forces, according to a survey released Jan. 24.

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UPDATE: Dueling Letters Sent to USC Trustees Ahead of Crucial Vote Over Business School Dean

Ahead of a crucial USC Board of Trustees meeting on Jan. 23, dueling letters from both sides of the dispute over the future of Marshall School Dean James Ellis that has rocked the campus have been sent to the board.

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L.A. County Unemployment Rate Rose to 4.8 Percent in December As More People Looked for Work

L.A. County’s unemployment rate rose to 4.8 percent in December from 4.7 percent in November as more people entered the workforce looking for work, according to state figures released Jan. 18.

Chanje Pushes E-Trucks

ENERGY: Electric vehicle-maker gets big FedEx order

Change in the air for Chanje after FedEx deal.

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New Bid Chief in Hollywood

The Hollywood Business Improvement District board named Kristopher Larson

U.S. Sues Tetra Tech for Alleged Mishandling of Bay Area Nuclear Cleanup Contract

The U.S. Justice Department on Jan. 14 filed a lawsuit against an operating unit of Pasadena contractor Tetra Tech Inc., alleging the company filed false invoices for work on a cleanup contract involving radioactive waste at a Bay Area former shipyard and seeking damages that one published report said could be up to $800 million.

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UPDATE: USC Board Flap: Roski Chastised Caruso Over Meeting Conduct

USC board member and industrial development tycoon Edward Roski Jr. chastised fellow developer magnate and USC Board of Trustees Chair Rick Caruso for his conduct in running the board meeting in early December at which the board upheld the decision to cut short the contract of Marshall School Dean James Ellis, according to a letter obtained by the Business Journal.

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Hollywood BID Names Kristopher Larson as New Chief

The Hollywood Business Improvement District board has named Kristopher Larson, a business leader from Raleigh, N.C., as chief executive of the Hollywood Property Owners Alliance, the nonprofit organization that manages the Hollywood Business Improvement District. He will replace longtime executive director Kerry Morrison, who announced last summer she was stepping down at the end of this month to focus on improving mental health programs in the region.

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Redesign for Hodgetts and Fung

ARCHITECTURE: Firm joins Mithun, broadens focus

Hodgetts and Fung merger with Mithun may open door to larger projects.

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Parsons Says Its Mexico City Airport Contract Still On

Statement comes despite official announcement $13B airport project canceled

Mixed messages about Parson’s Mexico City airport project.

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Parsons Acquires Imaging, Mapping and Data Analytics Firm OGSystems

Pasadena-based engineering and security consulting firm Parsons Corp. announced Jan. 8 that it has acquired OGSystems, an imaging, mapping and data analytics company based in Chantilly, Va., for an undisclosed sum.

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SoCal Gas Names New President, New COO

Southern California Gas Co.’s new chief executive Bret Lane on Jan. 7 announced two members of his leadership team: Maryam Brown as president and Jimmie Cho as chief operating officer.

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Dividend Streak Boosts Water Co. as it Grows DOD Contracts

UTILITIES: American States Water’s run now at 65 years

American States Water Co. keeps 65-year dividend streak running.

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USC Search Faces Hurdles

EDUCATION: Biz school leaders in short supply

With the recent ouster of James Ellis as dean of the USC Marshall School of Business effective in June, USC is now set to join UCLA’s Anderson School of Management and several other top-tier business schools across the nation in looking for new deans.

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Pomona College Plans $55M Gym

EDUCATION: New athletic facility will replace and expand Rains Center

Pomona College’s new sports facility scores slam dunk with donations.

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AECOM, Parsons Partner with Japanese Firms

Infrastructure projects seen as part of joint U.S.-Japan policy to combat China

AECOM, Parsons set sights on Asia-Pacific.

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LAX’S Newest International Nonstops

Two airlines have announced new nonstop international service from Los Angeles International Airport starting this month.

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