Los Angeles Business Journal

In Presence of Bugatti Greatness

Local attorney and car enthusiast Tim Lappen recently scored the gig of a lifetime: test driving and reviewing a $2.5 million Bugatti roadster.

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Port Talks Carry Baggage of 2002

shipping: Parties seem open to avoiding costly shutdown.

Analysts say terminal operators and union workers hope to avoid making waves during contract negotiations.

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City Picks Up Business Pace

GOVERNMENT: Mayor pairs two permits to speed process.

City of L.A.’s small steps on permits could yield big time savings for commercial buildings and restaurants.

L.A. Unemployment Rate Falls

L.A. County’s unemployment rate fell to 8.3 percent in April as 30,000 more residents found jobs during the month, according to state figures released Friday.

L.A. Port Traffic Rises 10 Percent

Traffic at the ports of Los Angeles and Long Beach rose 10 percent in April compared with the same month last year, according to figures released Thursday.

BizFed Endorses Dunn for Long Beach Mayor

The Los Angeles County Business Federation on Monday announced its endorsement of businessman Damon Dunn for Long Beach mayor.

Oil Giant Not Broken Up Over Anti-Fracking Cities

ENERgy: CEO says Oxy will pursue oil projects in other parts of California.

Occidental Petroleum Corp. to make a clean break with anti-fracking communities and focus on other California sites.

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Aquifer Owner Soaks Up Win

WATER: Judge rejects lawsuits against Cadiz’s desert project.

Plan for Cadiz’s desert aquifer looks ready to heat up after judge dismisses opponents’ challenges.

Teller Job Takes Future Into Account

Bank program offers high schoolers chance to check out business.

Bank program lets high school tellers open window on future careers.

BizFed Endorses Shriver for County Supervisor

The Los Angeles County Business Federation on Thursday joined other local business groups in backing Bobby Shriver for county supervisor in next month’s hotly contested primary election.

Survey: Local Companies Bullish on Business Conditions

Nearly two-thirds of local companies say business conditions are improving and 36 percent say they plan to add employees, according to an annual survey from the Los Angeles County Business Federation, or BizFed.

Occidental Will Not Challenge Fracking Bans

Occidental Petroleum Chief Executive Stephen Chazen told analysts Monday that the company’s new California spinoff will not drill in communities that oppose fracking.

Raise Voice

London-born Roxana Tynan had to bridge some cultural gaps while pushing living wage, union organizing.

London-born Roxana Tynan found her voice speaking up for laborers.

Fast Turnaround for Torrance?

AUTOMOTIVE: City looks to Carson in how to replace carmaker.

Nissan’s departure from Carson might offer a roadmap to recovery for Toyota-losing Torrance.

Newscaster Finds New Home in Real Estate

Talk about a career change: Longtime local TV newscaster Laurel Erickson, who used to do hard-hitting stories on housing developments, is now showing houses for a living.

Downtown Leaders Sounding Out Festival Plan

MUSIC: Businesses fear Labor Day weekend event will drive off customers.

Downtown L.A. leaders are questioning if a Labor Day weekend festival will work for businesses.

Businesses Fear Bill for Sick Days

GOVERNMENT: Employers say mandate would cost jobs.

Business owners and groups say a state proposal for three days of employee sick leave just won’t work.

L.A. Employers Added 19,000 Jobs in March

Employers in Los Angeles County added nearly 19,000 jobs in March, led by a rebound in local government services, according to state figures released Friday.

Disappointed by Test Results, Investors Flee Puma

BIOTECH: Sector selloff also a factor as shares of cancer drug maker plunge.

Puma shares take a drubbing as investors are spooked by test results and a sector sell-off.

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In the Dumps

City zones may bury waste haulers

Waste haulers fear getting dumped by city of L.A.’s new franchise zone plan.

City Zones May Bury L.A. Waste Haulers

The city of L.A.’s plan to create franchised zones for commercial trash hauling promises to dramatically scramble a long-established market, creating winners and losers.

Commission Recommends Combining Ports, Regulating DWP

A commission of civic leaders on Wednesday recommended combining the ports of Los Angeles and Long Beach, creating a regional tourism authority and setting up an independent rate-setting body for the Los Angeles Department of Water & Power.

State Chamber Lists Job-Killer Bills

The California Chamber of Commerce released its annual list of “job killer” bills on Wednesday – and the current tally of 26 is fewer than in recent years.

Oil Field Losing Ground to Foes

energy: Urban site may close despite corrections by AllenCo.

Oil field operator fears unfounded fracking allegations could force it to shutter the urban site.

Los Angeles Lures Large Convention from San Diego

Los Angeles has snagged a major environmental convention from San Diego.

L.A. Council Passes Trash Franchise Program

The Los Angeles City Council on Tuesday approved a controversial program to turn commercial trash hauling in the city into an exclusive franchise system.

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Spillover Feared in Fracking Ban

ENERGY: Industry sees city of L.A. proposal closing other wells.

Oil companies fear a city of L.A. proposal to halt fracking would spill over to other drilling practices.

Father, Son Mark 11th Diamond Anniversary

Ross Goldberg remembers what his father told him 11 years ago when he asked if he’d join him again on opening day at Dodger Stadium.

L.A. Chamber Endorses Shriver in Supes Race

The Los Angeles Area Chamber of Commerce on Thursday announced its endorsement of former Santa Monica councilman and Kennedy clan member Bobby Shriver for county supervisor.

Local Companies to Hire 10,000 L.A. Youths

Los Angeles Mayor Eric Garcetti announced Tuesday that Walt Disney Co. and other companies have pledged to hire 10,000 local youths for a summer jobs program, double the number hired last summer.

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Businesses Still Battle Disability Suits

LAW: Plaintiff attorneys raise costs by going straight to filing.

Reform intended to curb abuse of the Americans With Disabilities Act has not stopped business owners from being sued multiple times for the same infraction.

New Chapter For Spiritual Bookstore

Owner says niche focus on mysticism may bring second site.

The spirit moved a former insurance attorney to open Mystic Journey Bookstore in Venice.

LA Unemployment Rate Falls

L.A.’s jobs picture continued to brighten in February as employers added nearly 28,000 jobs to their payrolls and the jobless rate fell to 8.7 percent, according to state figures released Friday.

Landlords Want to Toss Eviction Bill

POLITICS: Proposal would limit owners’ ability to sell properties.

L.A. landlords look to boot a proposed bill that would limit their ability to evict tenants.

Third Time the Charm for Ex-Robinsons-May Site?

Towers developer is the latest to try and scale the former Robinsons-May site.

Safety, Scenery Come to Fore in Golf Ball Fight

CONDOS: Tower builder, country club divided over super-high fence.

CONDOS: Neighboring project tees off on country club’s proposal for a super-high fence.

L.A. Unemployment Rate Drops, More Jobs in County

L.A.’s jobless rate dipped below 9 percent in January for the first time in nearly six years, according to state figures released Friday.

Golf-Ball Blocker Fence Too High?

A 166-foot-high fence to keep errant golf balls from flying off a golf course is at the center of a spat between the famed Los Angeles Country Club and developers looking to build two luxury condo towers on the old Robinsons-May site next door in Beverly Hills.

L.A. Council Passes E-Cig Restrictions

The Los Angeles City Council voted on Tuesday to ban smoking of electronic cigarettes at all public buildings and restaurants, as well as at parks, playgrounds, beaches, libraries and public schools in the city.

Concert Producer Still Sees Sound Stage at Closed Site

MUSIC: Nederlander’s plan for Santa Monica venue now faces competition.

ENTERTAINMENT: Competition for revival of Santa Monica Civic Auditorium rocks plans of concert promoter Nerderlander.

Grid Maintenance Blackouts Turn Off Customers

ENERGY: Businesses push SCE for better planning and off-peak-hour scheduling.

ENERGY: Business owners see red over blackouts for Southern California Edison’s grid maintenance.

L.A. Council Orders Fracking Moratorium Ordinance

The Los Angeles City Council on Friday voted overwhelmingly to ban fracking at oil and gas wells in the city until it could be shown the activity would not harm the environment or public health. The vote makes Los Angeles the largest city in the nation to impose a moratorium on the controversial drilling practice.

Forecast: Growth to Gain Steam in L.A. County

L.A. County can expect to add more than 150,000 jobs over the next two years, according to an upbeat local forecast released today.

Mayor to Take Run at Speeding Permit Process

DEVELOPMENT: Business groups approve but want to see more from Garcetti.

DEVELOPMENT – Eric Garcetti is the latest L.A. mayor trying to build momentum behind streamlining the permit process.

Making It Work for Chief Execs

Conference to rely on networking to connect with CEOs.

NON-PROFIT – Young Presidents Organization plans to take charge of its executive conference with networking events.

Blackstone Foundation Makes Entrepreneurship Grants

The Blackstone Charitable Foundation on Friday announced it was making a $3.5 million grant to three local universities to set up an entrepreneur support program.

Forecast: Modest L.A. Job Growth This Year and Next

L.A. County will continue to add jobs, but at a frustratingly slow pace, according to a forecast the Los Angeles County Economic Development Corp. released today.

Mayor Takes Steps to Cut Permit Red Tape

Los Angeles Mayor Eric Garcetti on Tuesday ordered the city’s planning and building and safety departments to consolidate key functions and take other steps to cut red tape for developers.

Group to Spur Job Creation in Innovation Industries

Leaders from L.A.’s tech, venture capital and entrepreneur communities and the Los Angeles County Economic Development Corp. on Tuesday announced they will join forces to promote the region as an innovation center and spur job creation.

Refocused Shoemaker Shoos Away Investor Doubt

FOOTWEAR: Skechers’ stock climbs after new lines send income soaring.

FOOTWEAR: Shoemaker Skechers gets a leg up on Wall Street with its renewed focus on affordable products.