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Howard Fine

Stories by Howard

L.A. Unemployment Rate Unchanged at Record Low 4.4 Percent

L.A. County’s unemployment rate remained unchanged in June from May’s record low 4.4 percent as a seasonal drop in education payrolls offset modest hiring in other sectors.

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L.A. County Assessed Property Values Up 6 Percent to Record $1.47 Trillion

L.A. County’s total assessed property values rose 6 percent over the past year to a record $1.47 trillion, marking the seventh consecutive year of property value growth, County Assessor Jeffrey Prang announced late Thursday.

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LAEDC to Provide New Workforce Training

LAEDC teams up with community colleges on workforce training program.

Public Companies’ New Mark: $671 Billion

ECONOMY: Snap’s entry, Activision’s strength set pace.

A look at the movers on this year’s list of the largest public companies ranked by market capitalization.

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Santa Monica Looks to Scale Development Policy

Business groups fear city’s plan for affordable housing could price out projects.

Along-contentious battle over development of Santa Monica’s downtown is expected to come to a head this week as the City Council is set to consider a long-term development plan for the area.

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LAEDC to Host New Center for Workforce Training Programs

The Los Angeles County Economic Development Corp. will host a new center for workforce training programs as part of a program funded by local community colleges, LAEDC executives and community college officials were set to announce Thursday.

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Delta Adding Daily Flight from LAX to Mexico City

Delta Air Lines announced Monday that it is restoring daily nonstop flight service from Los Angeles International Airport to Mexico City starting Dec. 1 after a 12-year hiatus.

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Minimum-Wage Hikes May Max Out BIDs

NONPROFIT: Districts mull fee increases, service cuts.

Business improvement districts work to resolve rising labor costs from minimum-wage hikes.

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Shifting Sands

State bill looks to sink Cadiz’s aquifer project with final OK in sight.

State lawmaker’s bill kicks sand at Cadiz’s hopes for final approval of its desert aquifer project.

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IOC Votes to Award 2024 and 2028 Summer Olympic Games Simultaneously; Paris and Los Angeles Set to Host

The International Olympic Committee on Tuesday voted unanimously to award the 2024 and 2028 Summer Olympic Games simultaneously, with Paris and Los Angeles as the hosts.

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Prominent L.A. Developer David Wilstein Dead at 89

Prominent L.A. commercial real estate developer David Wilstein, founder of Realtech Construction Co., died Sunday at age 89, executives at the company announced Monday.

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UC Regents Judge L.A. Lawyer Worthy

Manatt Phelps & Phillips Partner George Kieffer will help guide system as chairman of board.

Manatt Phelps & Phillips Partner George Kieffer will chair the UC Board of Regents.

Can City Flip Switch on Billboards?

L.A city officials are inching forward with rules that could allow digital billboards to be lit again after being kept dark for years.

Olympics-Sized Transit Effort

TRANSPORTATION: Bid for games may speed projects.

Local contractors hope to get moving on projects fast-tracked for the Olympics.

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Guiding Lights

Council panel works to codify rules on digital signs for L.A. businesses.

Los Angeles looks at framing new rules for digital store signage and billboards.

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Labor Pushes Higher Hotel Rates for Worker Pay

HOSPITALITY: Proposal for Long Beach links OT wages to square footage cleaned.

Two labor groups are pushing for the Long Beach City Council to adopt a “bill of rights” for hotel workers that would include limits on the square footage housekeepers can clean in a day.

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Prominent L.A. Attorney George Kieffer Elected Chair of UC Board of Regents

George Kieffer, a partner at West L.A.’s Manatt, Phelps & Philips, was elected on Wednesday to serve as chair of the University of California’s Board of Regents for a one year term, making him one of the most powerful education officials in the state.

Travelers Give Lift to LAX

May surge in passenger traffic could help LAX land another record year.

Solar Business Shines Up Resume With Installation

ENERGY: PermaCity turns on powerful rooftop generating project in L.A.

PermaCity has raised its job ceiling with the world’s most powerful solar rooftop generating project.

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Pacific Alliance Medical Center to Pay $42 Million Settlement Over Alleged Kickback Scheme

Pacific Alliance Medical Center in Chinatown has agreed to pay $42 million in penalties to settle allegations in a federal whistleblower lawsuit claiming it filed false medical claims in a kickback scheme, the U.S. Justice Department announced Wednesday.

LAX Passenger Traffic Jumps 5.6 Percent in May to 7.2 Million

Los Angeles International Airport’s passenger traffic surged 5.6 percent in May, despite the largest series of airline terminal relocations in U.S. history.

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L.A. City Council Approves Construction of Lucas Museum at Exposition Park

The Los Angeles City Council on Tuesday unanimously approved the construction of the $1 billion Lucas Museum of Narrative Art in Exposition Park.

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PermaCity Completes World’s Largest Solar Rooftop Project

L.A. solar developer PermaCity Inc. has completed the world’s most powerful solar rooftop generating project in San Pedro, company and L.A. city officials announced Monday while touring the facility.

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L.A. Vehicle Donation Charity Ordered to Shut Down After Alleged False Advertising

Los Angeles vehicle donation charity People’s Choice Charity has been ordered to shut down and pay at least $30,000 in penalties, California Attorney General Xavier Becerra and Los Angeles County District Attorney Jackie Lacey announced Monday.

City Shuts Down Boyle Heights Company After Trash Pile Burned for Six Weeks

The city of Los Angeles is moving to shut down a Boyle Heights construction and demolition debris company after a giant mound of trash onsite caught fire and smoldered for six weeks last fall, City Attorney Mike Feuer announced Friday.

Busy Airport Drives Car Rental Business

Companies such as Enterprise, Hertz, Avis ride jump in passenger traffic at LAX to higher revenue.

Rise in passengers at LAX has revved up revenue for rental car firms at the airport.

DTLA Booster Beefs Up

NONPROFIT: Central City Association board expands amid housing policy refocus.

Downtown’s Central City Association expands board amid advocacy adjustment.

City of L.A. Considers Syncing Up Tax Deadlines

LEVIES: Councilman hopes to ease payment process by rescheduling date to April.

Los Angeles City Councilman Mitch Englander this month introduced a motion to lay the groundwork for synchronizing the payment of business taxes with federal and state taxes.

LAX’s Growth Rate Takes Off

AVIATION: Airport leader in origin-destination travel

LAX hit a record high of 80.9 million passengers in 2016 as traffic continues to rise.

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Metro Board Approves $1.4 Billion Budget for 11.5-Mile Extension of Foothill Gold Line Light Rail to Claremont

The Los Angeles County Metropolitan Transportation Authority board of directors on Thursday approved a $1.4 billion budget and related partnership agreements for an 11.5-mile extension of the Foothill Gold Line light rail route from Glendora to Claremont.

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Appeals Court Upholds Ruling Overturning Malibu Measure Limiting Chain Stores

A state appeals court has upheld a lower court’s ruling that Malibu can’t limit chain stores or force major projects to be put to a vote of the people.

Central City Association Expands Board; Adjusts Advocacy Priorities

The Central City Association representing downtown property owners and businesses announced Wednesday that it has expanded its governing board to 15 members and has adjusted its advocacy priorities to include more of a focus on housing and addressing homelessness.

L.A. County Unemployment Rate Falls to New Record Low of 4.4 Percent Amid Steady Job Gains

L.A. County’s unemployment fell to a new record low of 4.4 percent in May amid steady job gains, state figures released Friday show.

Hollywood Plan Rewrite

DEVELOPMENT: Latest proposal would add tools to bolster preservation efforts.

New Hollywood Community Plan spotlights preservation of single-family-home neighborhoods.

Honda Paces Field of Foreign-Owned Companies

HEADQUARTERS: Pending exit of Toyota shakes up list of businesses in L.A. County.

American Honda Motor has homed in on the top spot of foreign firms with U.S. bases in L.A. County.

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Subway Might Deliver Beverly Hills 9021 Uh-Oh!

TRANSIT: Station work slated for Golden Triangle

Some local leaders fear subway work in Beverly Hills could bury some businesses.

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Environmental Group Sues Air Agency Over Approval of Tesoro Refinery Merger

A local environmental group on Wednesday filed a lawsuit seeking to overturn the South Coast Air Quality Management District’s recent approval of environmental reports for Tesoro Corp.’s plan to merge operations of its two refineries in Carson and Wilmington.

City Planners Release Revised Hollywood Community Plan

L.A. city planners on Tuesday released a revised community plan to steer development in Hollywood, more than three years after a judge threw out an earlier plan citing faulty growth assumptions.

Garcetti Names New Economic Development Deputy

Los Angeles Mayor Eric Garcetti announced Friday he is naming senior director for economic development William Chun as his next deputy mayor for economic development, replacing Raymond Chan, who is retiring after 33 years with the city.

IOC Set to Award 2024 and 2028 Summer Games to Paris and Los Angeles

The executive board of the International Olympic Committee on Friday announced its intent to award the 2024 and 2028 Summer Olympic Games to Paris and Los Angeles, all but guaranteeing Los Angeles will host the Games in 11 years.

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Six ‘Job-Killer’ Bills Clear Hurdle in Sacramento

politics: Measures include restrictions on arbitration, more employer mandates.

Six bills tagged by the California Chamber of Commerce as “job killers” survived the June 2 deadline to clear their house of origin and move on; three other bills the chamber had targeted were stopped.

Entertainment Takes Lead Role in CEO Pay

COMPENSATION: Disney’s Robert Iger at top despite dip.

The entertainment sector made a big production out of exec pay last year, with Disney’s Robert Iger and Activision’s Robert Kotick leading the CEO list.

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Long Beach Picks Up L.A.’s Trash Franchise Plan

WASTE: City Council looks to enact policy in five years; business groups blast costs.

Long Beach City Council moves to adopt a trash franchise system that hiked costs in Los Angeles.

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Legal Challenge Filed to Block L.A. Trash Franchise System

A Sherman Oaks apartment building owner and an apartment owners association have filed a lawsuit against the City of Los Angeles seeking to block a waste-hauling franchise system set to go into effect next month.

L.A.’s Homeless on Rise

HOUSING: Number of county residents living on streets soars year to year.

L.A. County agency has reported the homeless population swelled last year.

20 in their 20s: Francisco Franco

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

20 in their 20s: Justin Schneider

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

20 in their 20s: Ted Montoya

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

Support May Cool for Solar Water-Heating Firms

ENERGY: Assembly mulls allowing incentive program launched in 2010 to expire.

Extension of solar water-heating program has become a hot topic for system installers.

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Business Leaders Head in, Out of D.C.

Patrick Soon-Shiong joins panel at Paul Ryan’s behest; Elon Musk, Robert Iger resign over climate.

Paul Ryan has named Patrick Soon-Shiong to a House advisory panel; Elon Musk and Robert Iger protest President Trump’s climate stance.

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