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Howard Fine

Stories by Howard

L.A. County Assessed Property Valuations Pass $1.6 Trillion, Led by Inglewood’s NFL Stadium

Assessed property valuations grew 6.3% last year to $1.6 trillion, led by the NFL stadium construction in Inglewood, the county assessor’s office reported July 15.

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Gov. Signs Bill Requiring Utility Customers to Pay Billions into Wildfire Fund

A bill signed into law July 12 by Gov. Gavin Newsom will require Southern California Edison customers to pay more than $3 billion toward a wildfire fund over the next 15 years.

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Fresh Funding for Metro Purple Line

INFRASTRUCTURE: Westwood subway project receives $100 million federal grant

INFRASTRUCTURE: Westwood subway project receives $100 million federal grant

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LAX Takes an Alternate Route to Reach Targets

Special Report: SUPPLIER DIVERSITY

Airport puts emphasis on small contractors, local businesses

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Small Goes Big

Special Report: SUPPLIER DIVERSITY

For major projects like the LAX people mover, smaller businesses hold the key to contractor diversity

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Cadiz Shares Tumble as Bill Halting Project Passes Legislature

Shares of downtown-based water developer Cadiz Inc. tumbled July 11 after a bill moved to the governor's desk that could complicate its project to pump and transfer water from its desert aquifer to Southern California water agencies.

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L.A. Consumer Sentiment Slips to Four-Year Low

Los Angeles consumer confidence reached a four-year low during the second quarter as the region's consumers grew increasingly concerned about local and national business conditions, according to a survey released July 10.

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Metro Purple Line Westwood Segment Awarded $100 Million Federal Grant

Federal transportation officials awarded a $100 million grant to fund the third segment of the Metro Purple Line connecting Century City with Westwood.

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Traffic Rises at Region’s Airports

TRANSPORTATION: LAX, Ontario lead monthly increase in airline travelers

TRANSPORTATION: LAX, Ontario lead monthly increase in airline travelers

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LAX Passenger Traffic Up 0.9% in May, International Traffic Down

May passenger traffic rose at almost 1% year over year to 7.6 million, but international passenger traffic fell slightly, and air cargo tonnage was down significantly.

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Broad Foundation Grants $30M for Stem Cell Centers

Education: UCLA, USC, UCSF to receive funds

Education: UCLA, USC, UCSF to receive funds

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AECOM Set to Spin Off Biz

INFRASTRUCTURE: Govt unit generated $3.7B in 2018

AECOM to spin off its government services business.

Broad Foundation Grants $30 Million for Stem Cell Research

The Eli and Edythe Broad Foundation will be making three grants to UCLA, USC and UC San Francisco.

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Federal Judge Rules Cadiz Pipeline Exemption Is Invalid

A federal judge invalidated an environmental review exemption granted to a Cadiz Inc. pipeline project, ordering the federal BLM to reconsider.

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

L.A. County’s unemployment rate dipped slightly in May to 4.5%, the combined effect of a modest gain in jobs and several thousand workers leaving the labor force.

Wonderful Gets Sweet on Lemons

AGRICULTURE: Plans to market new seedless variety

Wonderful Co. hopes taking the seeds out will drive lemon sales.

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Taxes, Infrastructure and Homelessness Top Concerns in New Local Business Poll

New and increasing taxes, deterioration of public infrastructure and rising homelessness are the top concerns in a new poll released June 17 of Los Angeles County business owners and executives conducted by the Los Angeles County Business Federation and the Employers Group.

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Hamish Khayat

20 in their 20s

Chief executive and founder of Burst Oral Care

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Advait Shinde

20 in their 20s

Chief executive and co-founder of Liminex Inc.

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Rachel Sumekh

20 in their 20s

Chief executive and founder of Swipe Out Hunger

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AECOM to Shed Projects

engineering: Firm to avoid at-risk construction

AECOM CEO says firm is looking to unload riskier construction projects.

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Long Beach Names Cynthia Guidry Airport Chief

The city of Long Beach on June 11 named a top L.A. Airport executive, Cynthia Guidry, as its new airport director, effective July 29.

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UCLA Names Antonio Bernardo as Anderson School Dean

UCLA recently named longtime Anderson School of Management finance professor and administrator Antonio Bernardo as the school’s new dean, effective July 1.

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USC Names Geoffrey Garrett Business School Dean

USC on June 11 named Geoffrey Garrett, current dean of the Wharton School at the University of Pennsylvania, as the next dean of the Marshall School of Business, effective in July 2020.

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SCE President Ron Nichols Dies; CEO Kevin Payne Adds President Title

Ron Nichols, president of Southern California Edison and former top executive with the Los Angeles Department of Water & Power, died June 6 after a battle with gastric cancer.

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USC, United Airlines Reach New Naming Rights Deal for Coliseum

USC and United Airlines have reached a new naming rights deal for the Coliseum after a previous naming deal ran into controversy, the university announced June 7.

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Cadiz Looks to Water Down Bill

Infrastructure: Company’s plan challenged by state legislation

Cadiz Inc. takes a different approach toward legislation that could upend its pipeline project.

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EPA Awards $1 Million in Cleanup Funds to LA Sites

The U.S. Environmental Protection Agency awarded $1.1 million in cleanup funds for several brownfield sites in Los Angeles County, including a former railyard next to the Los Angeles River.

LA Sues Coin Dealer Over Sales Practices

Los Angeles City Attorney Mike Feuer sued West Los Angeles coin dealer Lear Capital Inc., alleging the company engaged in deceptive and unfair sales practices.

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Tech Mogul Samueli Gives $100M to UCLA Engineering School

Tech billionaire and UCLA alum Henry Samueli and his wife Susan have made the largest gift ever of $100 million to expand UCLA’s engineering school already bearing the Samueli name, the university announced June 4.

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LAX, LAUSD Partner for Jobs

Program will place students in positions throughout the airport

LAX, LAUSD launch student job training program.

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Family rule ends at Oltmans

Whittier contractor names John Gormly as CEO

Whittier contractor names John Gormly as CEO

Tetra Tech Wins Soil Cleanup Contract in DC

INFRASTRUCTURE: Work comes amid controversy

Tetra Tech awarded cleanup contract in D.C.

Metro Blue Line Renovation Hits Halfway Mark

Work begins on northern portion of project between Willowbrook, downtown

Light at the end of the tunnel as Blue Line upgrade hits halfway mark.

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LAX Passenger Traffic Up 1 Percent in April

April passenger traffic at Los Angeles International Airport rose by 63,000, or 1 percent, compared to April of last year to reach 7.2 million, according to figures released by the airport’s governing authority on May 29. The figures from Los Angeles World Airports also show that passenger traffic for the first four months of this year rose by 380,000 from the first four months of last year to reach 27.4 million, also an increase of 1 percent.

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Tetra Tech Snags $25M Contract for Anacostia River Sediment Cleanup

Pasadena-based Tetra Tech Inc. announced May 28 that it has been awarded a $25 million contract for technical support services for assessment and remediation of contaminated sediments in the tidal portion of the Anacostia River, which flows through Washington D.C.

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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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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.

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 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.

BRIGHT LIGHTS

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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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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PROJECT RUNWAY

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.

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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