BreitBurn Energy Partners, the debt-strapped Los Angeles oil partnership, has obtained $1 billion in financing from EIG Global Energy Partners of Washington D.C., the company announced late Sunday.
When Julie Johnson entered the propane business founded by her father 30 years ago, she stood out as one of the few women in a male-dominated industry. And it was her father who had to mentor her so she could take over one day, making sure the men in the industry respected her.
LANDSCAPING: Sales of drought-resistant plants blossom at nurseries with help from government subsidies to cut back on grass.
Drought-resistant plants become hot items at nurseries, boosted by government subsidies to trim lawn space.
Medbox Climbs Medbox Inc. shares jumped 17 percent on Friday to $1.65 after the West Hollywood marijuana dispensing firm filed its first annual report and first regulatory filing since restating previous years’ financials.
The co-founders of Torrance solar panel installer Verengo Solar are leaving their leadership posts as a tech marketing executive has been named as the new chief executive, the company announced Wednesday.
Silicon Valley venture capitalist and longtime USC benefactor Mark Stevens has donated another $50 million to the university for a brain research institute, USC officials were set to announce Wednesday.
GAMBLING: Casinos expect legal Internet poker to boost draw.
Local card clubs wager that they will draw more players if California OKs online poker.
POLITICS: Groups’ studies look at impact of different proposed pay increases.
When local business and labor groups came out with their respective studies on the impacts of hiking L.A.’s minimum wage last week, the fact that they came to different conclusions – business opposing and labor supporting – was not surprising.
Los Angeles County’s unemployment rate fell to 7.8 percent in February as the county added 25,000 jobs across almost every industry, according to state figures released Friday.
EDITOR'S NOTE: This story has been updated from an earlier version. Hiking L.A.’s minimum wage would bring more benefits than costs to both Los Angeles and the region, according to a long-awaited and controversial study released Thursday afternoon.
DINING: State bill would cap pay for gratuity-receiving employees.
State bill would let restaurants skip out on paying increased minimum wages to tipped workers.
Monrovia energy storage company Coda Energy on Wednesday named veteran technology executive Paul Detering as the company’s first chief executive following its emergence from bankruptcy in 2013.
Mercury Insurance has agreed to pay a $1 million penalty to settle a long-running case involving its underwriting practices, state Insurance Commissioner David Jones announced Tuesday.
California Resources Corp., the recent spinoff from Occidental Petroleum Corp., is moving its headquarters to Chatsworth from Westwood, the company announced Monday.
LA employers plan to hire at a solid pace during the second quarter, according to a survey to be released Tuesday by Manpower Inc.
POLITICS: L.A. Chamber’s endorsements for measures, candidates go 13-2.
Local business groups fared pretty well by backing the winners in last week’s municipal elections.
OhCal Foods rides acquisition to No. 1 in Subway franchising
Acquisition delivers the Subway franchise crown to OhCal Foods – and potentially a lot more bread.
Los Angeles County’s jobless rate dipped below 8 percent in January for the first time in nearly six years, according to state figures released Friday.
Los Angeles Mayor Eric Garcetti on Wednesday named Kevin James as film liaison and announced several steps to expedite filming permits within the city.
INTERNET: Strong quarter maintains winning streak for Rubicon Project.
Online ad exchange operator Rubicon Project clicks with Wall Street after strong quarter.
Foreign-born business owners talk about how they sowed success by putting down roots in Los Angeles.
POLITICS: Organization bucks peers’ unity against pay hike.
Los Angeles Business Council works against other business groups with its support of a minimum-wage hike.
Plastic bag manufacturers and other opponents of a statewide ban on plastic bags have qualified a referendum for the November 2016 ballot, thereby putting the ban on hold, the California Secretary of State’s office said Tuesday.
DEVELOPMENT: Business leaders say L.A.’s moves won’t bring projects to city.
Hotel execs welcome city of L.A.’s incentives but say they won’t inspire new projects to check in.
POLITICS: Jose Huizar earns consensus support for Los Angeles City Council.
Believe it or not, next Tuesday, March 3, is Election Day in Los Angeles and 28 other cities around Los Angeles County.
Small-lot homes boom despite boos from neighbors
Small-lot homes have taken off in a big way, aided by cost savings versus condos and townhomes.
Steven Sawalich, senior director of global media and philanthropy at Starkey Hearing Foundation in Playa Vista, has traveled to 75 countries during his time at the non-profit, which delivers hearing aids to people in need.
The good times should continue to roll for the local economy.
Politics: William Caswell talks minimum-wage hikes, pace of business reform.
Kaiser Permanente’s William Caswell talks how he will nurse business goals as chairman of the Los Angeles Area Chamber of Commerce.
Delivering some relief to local businesses, Los Angeles Mayor Eric Garcetti on Wednesday signed into law a reduction in the top rates businesses pay in gross-receipts taxes to the city.
POLITICS: Lawmakers, business leaders fear facility in cross hairs.
Elected officials and business leaders link arms to guard Los Angeles Air Force Base from closure.
ENERGY: PermaCity’s business heats up with multibuilding deal.
Solar panel installer PermaCity raises the roof with multibuilding Department of Water & Power contract.
Local air regulators on Friday upheld their approval of a major refinery upgrade in Carson, despite vociferous community and environmental opposition.
The San Gabriel Valley Economic Partnership announced Monday the launch of a new regional economic development website aimed at companies considering relocating or expanding in the San Gabriel Valley.
Politics: Homebuyers face new costs under state proposal.
State lawmaker’s plan to extend the sales tax to services could particularly squeeze first-time homebuyers.
State regulators announced Thursday they have levied more than $200,000 in penalties against four downtown retailers for selling jewelry tainted with lead and other toxic metals.
State regulators on Wednesday issued eight violations of state hazardous waste laws against Exide Technologies’ battery recycling plant in Vernon.
Two trade groups representing large hotels in Los Angeles announced they have filed for a preliminary injunction to block the city from implementing its hotel wage hike until their lawsuit against the city is resolved.
California Resources Corp. announced Monday that it has dropped plans for a major drilling project in Carson because of low oil prices.
Donald Bizub is such an avid Green Bay Packers football fan that he purposefully seeks out advisory clients in cities where the Packers will be playing in a given season.
CHEMICALS: Coalition says proposed changes to state rules will spur lawsuits.
State regulators have proposed new rules for posting toxic chemical warning notices in workplaces and other public places, stirring opposition from a coalition of chemical industry and business groups that contend the rules will spur a new round of frivolous lawsuits.
ENERGY: Drop in oil prices has left some oil-related businesses in hole.
Steep drop in prices is not going well for oil-related businesses.
L.A. County’s unemployment rate fell to 7.9 percent in December, the first time it was below 8 percent since mid-2008, state figures released Friday show.
Queen Mary to host toymaker’s miniature take on fabled ship.
Model of the Queen Mary prepares to drop anchor at its life-size inspiration in Long Beach.
energy: Shares tumble after California Resources plans production cutbacks.
Report of idled derricks doesn’t sit well with investors in California Resources Corp.
Oil company Freeport McMoran is dropping its controversial plan to expand its drilling operation near USC, blaming the recent oil price collapse.
The Los Angeles County Business Federation, or BizFed, on Wednesday formally announced its opposition to proposals to hike the minimum wage in the city of Los Angeles to at least $13.25 an hour.
State Insurance Commissioner David Jones on Monday ordered Mercury Insurance to pay a $27.5 million fine for charging policyholders unauthorized broker fees.
ADVERTISing: City of L.A. may flatout forgive scofflaws.
ADVERTISING: City of Los Angeles appears ready to sign off on giving a pass to rule-breaking billboards.
Rocked by the oil price crash and its own plummeting stock price, Breitburn Energy Partners has sliced its distributions to shareholders by just over 50 percent.