The letdown among some Harbor Area residents was palpable Wednesday after San Pedro lost its "hometown" mayor, but many of Hahn supporters said it's time to declare a truce and look forward. Hahn won nearly 63 percent of the vote in the 15th Council District, which stretches from San Pedro to Watts, going against the tide in every other part of the city, where challenger Antonio Villaraigosa was swept into office by a landslide, the Daily Breeze reported. In San Pedro, Hahn collected 79.7 percent of the vote. Councilwoman Janice Hahn, the mayor's sister, hopes to confer with Villaraigosa in the coming weeks on his harbor commission nominees.
Region's Economic Recovery Is Expected to Advance
Los Angeles County's economy will keep recovering, with solid job growth expected this year and next, according to an economic forecast to be released today. The county's job growth is expected to reach a healthy 1.3 percent this year followed by 1.8 percent in 2006, according to the Economic Forecast Project at California State University, Long Beach. That's up from 0.2 percent last year. The forecast for the rest of Southern California also looks promising, the Daily Breeze reported. A key reason for the enhanced jobs picture is the improving performance of the region's durable manufacturing sector, the report says.
Padilla Asks for Process on Filling Seat
City Council President Alex Padilla asked Wednesday for a report on the process of setting a special election to replace Councilman Antonio Villaraigosa, who will be sworn in July 1 as mayor. Once Villaraigosa's 14th District seat is vacant, the council has 60 days to set the special election. Former Councilman Nick Pacheco, who lost his bid for a second term to Villaraigosa in 2003, plans to announce Thursday that he will seek the post. Jose Huizar, president of the Los Angeles Unified School District board, said he is also considering a run and will decide next week, the Daily News of Los Angeles reported.
Citadel Outlets to Power Up Massive Signs
The owners of Citadel Outlets, the landmark Assyrian-themed outlet center, will power up four massive electronic signs tonight as part of a $52-million remodeling and expansion. The 30-foot-tall signs will be seen by more than 230,000 drivers a day, according to the California Department of Transportation. The double-sided signs are spread over about half a mile of frontage at the former tire factory and will be capped with two-story-tall images of mythical winged bulls with human heads known as lamassi. The signs will project high-definition images and messages daily from 5 a.m. to midnight, starting with a "freeway fashion show" displaying apparel and accessories from the outlet center's retailers.
Weinsteins Agree to Distribute Rainbow Media Videos
Miramax Films founders Harvey and Bob Weinstein will distribute home videos for Cablevision Systems Corp.'s Rainbow Media Holdings for an undisclosed amount of money, the New York Times reported. The Weinsteins will replace Metro-Goldwyn-Mayer Inc. as home- video distributor of Rainbow's IFC films, which include "Fahrenheit 9/11" and "My Big Fat Greek Wedding." They will also distribute videos of cable shows from American Movie Classics and other networks. The agreement represents the first strategic move by the Weinsteins, who are leaving Miramax when their contracts with owner Walt Disney Co. run out this year.
Judge OKs Adelphia's Settlement for Investors
A federal judge approved a $715-million settlement by Adelphia Communications Corp. to help compensate investors who lost money in the cable operator's collapse, Reuters reported. Judge Leonard Sand approved the deal that was agreed to by Adelphia and the government on April 25 in a criminal case against the company. The judges overseeing Adelphia's bankruptcy proceedings and an action by the Securities and Exchange Commission must approve the settlement.
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