Government & Infrastructure

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.

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.

Katherine Blair Named First Woman to Skechers Board

Skechers USA Inc. appointed corporate attorney Katherine Blair to its board of directors, becoming the footwear company’s first female board member.

Port of LA Terminal Closed Following Dockworker Death

A dockworker was killed and another seriously injured while working on a vehicle that moves containers at the Port of Los Angeles terminal early Wednesday morning, officials said.

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.

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.

Long Beach Container Terminal Sold for $1.8 Billion

Hong Kong-based Orient Overseas International Ltd. said Tuesday that it will sell Long Beach Container Terminal to a consortium led by Australia’s Macquarie Group for $1.78 billion.

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.

DTLA’s Central City Association Adds Board Members

The Central City Association, downtown’s main business group, announced on March 27 the addition of six members to its board of directors.

Import Volume Down 10 Percent at Ports in Post-Holiday Slump

Cargo volumes sunk at the San Pedro Bay ports in February with imported goods sliding 10.2 percent compared to the same time last year.

L.A. Moves to Terminate AllenCo Oil Lease at Site Near USC

Los Angeles Mayor Eric Garcetti and a city councilman on March 13 announced the city was terminating a lease agreement with Signal Hill oil company Allen Co. Inc. that allowed the company to drill for oil at a site in the University Park neighborhood.

Report: Arcing of SoCal Edison Wires Caused Massive 2017 Thomas Fire

The Ventura County Fire Department on March 13 issued a report saying that arcing of wires owned and operated by Southern California Edison caused the massive 2017 Thomas Fire in Ventura and Santa Barbara Counties that charred 282,000 acres, destroyed nearly 1,100 structures and killed two people.