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Howard Fine

Stories by Howard

LA500 Leaders Reshape Region With Infrastructure Spending Boom

Special Edition: LA500

LA500 leaders reshape the region with a multibillion-dollar infrastructure building boom

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West Lane Buys Stake in Fantasy Files Group

Cosmetics-maker sets plan for expansion, additional products

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Infrastructure Demolition Attracts Local Firms

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.

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Edison Stock Slips Amid Plan to Issue New Shares

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.

Edison Core Earnings Down; Plan Announced for $1.5 B Stock Offering

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.

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SoCal Gas Fined $8M by State Regulators for Alleged Billing Violations

Southern California Gas Co. has been hit with an $8 million fine from state regulators for alleged billing violations.

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Air Lease Bounces Back

Aerospace: Firm weathers Max woes, WOW bankruptcy

Used-aircraft market could boost Air Lease.

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Survey: LA Consumer Sentiment Slips to Four-Year Low

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.

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Unemployment Down in L.A. County as Jobs Grow, Workforce Shrinks

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.

AECOM To Bid on $13 Billion Navy Contract

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.

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LEDtronics has made industrial LED lights for more than 35 years

LEDtronics sticks to its roots in commercial and industrial lighting market.

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United, Southwest want more LAX gates; cargo facility demolition could be sped up

United, Southwest could benefit from proposed LAX expansion.

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Billing Changes Ahead

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.

Power Plays

SoCal businesses face choice between cost and sustainability

Clean Power Alliance offers businesses choice on renewable energy.

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Construction Underway on Freight Corridor

$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.

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Airport Officials Unveil Initial Plans for Two New LAX Terminals

Los Angeles airport officials on April 4 unveiled preliminary plans for two new passenger terminals at Los Angeles International Airport.

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UCLA Receives $5M Gift for Women in Engineering Program

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.

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Tetra Tech Acquires IT Federal Contractor

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.

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LAX Adds Nonstop Flights to Helsinki, Three US Cities

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.

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Wonderful Prioritizes Renewable Power Push

Special Report: Environmental Business

Agriculture company aims for all clean power by 2025

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LAX Passenger Traffic Edged Up in February, Shows Slight Gain Year-to-Date

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.

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DTLA’s Central City Association Adds Board Members

The Central City Association, downtown’s main business group, announced on March 27 the addition of six members to its board of directors.

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AECOM Awarded NASA Environmental Contract Worth Up to $300M

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.

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Wonderful Co. Commits to 100 Percent Renewable Energy for Vast U.S. Farming Operations by 2025

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.

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Unemployment Down in L.A. County as Jobs Grow, Workforce Shrinks

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.

Parsons Plans for Public Offering After HQ Move

Engineering and defense contractor shifts strategy ahead of IPO

After news of HQ move, Parsons prepares to go public.

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Solar Surge Shifts Rates

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.

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USC Names Carol Folt First Woman President

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.

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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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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

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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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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Musk’s Boring Co. Chosen for Vegas Convention Center People Mover Project

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.

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

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Ampaire takes battery revolution skyward

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

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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.