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Howard Fine

Stories by Howard

Unemployment Dips in L.A. County as Hiring Picks Up

The unemployment rate declined to 4.4% in L.A. County in August as several sectors reported robust hiring.

Database Looks to Ease Bid Access

TECH: Portal allows small businesses to connect with billions in opportunities

Los Angeles Area Chamber of Commerce spearheads an effort to create a unified database of contract bid opportunities for local small businesses.

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Pay to Play

Fees climb for LA County businesses, and more taxes could be on the way

TAXES: The annual Cost of Doing Business Survey shows just how pricey doing business can be in Los Angeles.

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Los Angeles Philharmonic CEO Woods Resigns Abruptly

Simon Woods, chief executive of the Los Angeles Philharmonic Association, resigned abruptly on Sept. 16, according to an announcement from the association’s board.

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Charters Face Fresh Limits

EDUCATION: Law could slow launch of new schools

Bill could block charter school operators from expanding in California.

Long Beach Seeks Bids

Port looks to add rail line to ease congestion

Port looks to add rail line to ease congestion

Car Rental Project Kicks Off at LAX

$1 billion consolidated facility to open in 2023

$1 billion consolidated facility to open in 2023

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Colony Capital and Zell’s Equity Group Team Up to Provide Capital to Oil and Gas Industry

Los Angeles-based Colony Capital Inc. and Chicago-based Equity Group Investments Inc. announced Sept. 10 a joint venture to provide capital and asset management to the oil and gas industry.

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USC Athletic Director Lynn Swann Resigns

USC Athletic Director Lynn Swann resigned amid an admissions bribery scandal that has rocked the school's athletic department.

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Metro Awards $25.9M Contract to Team of Women-Led Businesses

INFRASTRUCTURE: Companies will focus on transit connector station near LAX

INFRASTRUCTURE: Companies will focus on transit connector station near LAX

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Clearer Skies for Air Lease

AEROSPACE: Company gains despite Max grounding

Air Lease Corp. weathers turbulence after Boeing Co.’s 737 Max planes were grounded.

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Design Begins on Terminal Addition

INFRASTRUCTURE: Concourse will help with passenger connections

INFRASTRUCTURE: Concourse will help with passenger connections

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Acquisition Binge Reshapes Tetra Tech

ENGINEERING: Firm shifts to high-margin lines

Tetra Tech Inc. has quietly gone on an acquisition spree over the last two years.

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AECOM Extends Nuclear Cleanup

Venture secures $725M for work at Hanford site

ENVIRONMENT A joint venture led by AECOM secured a $725 million one-year contract extension to treat radioactive waste.

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Former Molina Healthcare CEO to Lead Claremont Colleges Medical School

A planned medical school at the Claremont Colleges has named Mario Molina, former chief executive of Molina Healthcare, as its founding dean, according to the Keck Graduate Institute.

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LAX Passenger Traffic Eked Out 0.4% Gain in July, but International Traffic Dipped

July passenger traffic at LAX edged up by 40,000 compared to July 2018 to reach nearly 8.5 million, but international passenger traffic was down, and air cargo tonnage fell as trade tariffs begun to cut into trade flows.

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A STEADY RISE

Special Report: Big Employers

LA County’s top employers made modest payroll gains in the last 12 months

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Southwest Airlines Cuts LAX Flights to Mexico, Omaha, Pittsburgh

Southwest Airlines has announced that it's cutting four flights at LAX starting in January. The nonstop flights serve Cancun and Puerto Vallarta in Mexico, as well as Omaha, Neb., and Pittsburgh.

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Unemployment Steady in L.A. County Despite Seasonal Job Losses

L.A. County’s unemployment rate held steady at 4.5% in July.

Mercury Loses Bid to Overturn State $28M Fine

Wilshire Center-based Mercury General Corp. lost its bid to overturn a $27.6 million state fine over auto insurance surcharges as the state Supreme Court declined to review the case, the state Department of Insurance announced Aug. 15.

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Nuclear Waste Plagues Edison

ENERGY: Utility stymied in bid to dispose of spent fuel

NUCLEAR Southern California Edison is trying to figure out what to do with 3.6 million pounds of nuclear waste.

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$806M Contract Awarded for Construction of Foothill Gold Line Light Rail Extension

The Foothill Gold Line Construction Authority has awarded an $805.6 million contract to Kiewit Infrastructure West Co. and Parsons Corp. to extend the rail line from Glendora to Pomona.

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Cadiz Enters Hemp Business

AGRICULTURE: Water firm, cannabis company team up

Water developer Cadiz Inc. has launched a joint venture to cultivate hemp with California Cannabis Enterprises Inc.

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Water Firm’s Profits Rise

Rates, military contract lift American States Water

Rates, military contract lift American States Water

Long Beach Airport Passenger Traffic Slides After JetBlue Pullback

Long Beach Airport passenger traffic fell 15.5% for the first half of 2019 compared to the same period last year amid fallout from JetBlue Airways’ pullback in flights in September.

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AECOM Tapped to Design Clippers Arena Complex in Inglewood

Century City infrastructure giant Aecom is taking another step to transform the Inglewood skyline with the recent award of a contract to design a new arena and adjacent entertainment complex for the Los Angeles Clippers basketball team.

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Town Hall and World Affairs Council Merge, Creating LA's Largest Speakers’ Forum

Town Hall Los Angeles and the Los Angeles World Affairs Council — two of L.A.’s most venerable speakers’ forums — are merging this month.

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New Tech Makes Solar Panel Production Cheaper

The Claremont-Pomona Locally Grown Power panel factory is the brainchild of Executive Director Devon Hartman — an architect, general contractor and energy efficiency adviser — and Kent Kernahan, a solar photovoltaic panel industry veteran and inventor who in 2015 received a U.S. patent for a new technology to produce solar panels.

Nonprofit Plans Solar Push

MANUFACTURING: New tech powers low-cost panels

GREEN ENERGY Claremont-Pomona Locally Grown Power aims to provide solar power without chasing profits.

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Water Developer Cadiz and Local Cannabis Company JV to Grow Hemp

L.A. water developer Cadiz Inc. has entered into a joint venture with a division of Long Beach-based California Cannabis Enterprises to grow hemp on Cadiz land that sits atop a Mojave Desert aquifer.

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LAX Passenger Traffic Up 1% in First Half of 2019, Ontario Up 6.5%

Passenger growth at Los Angeles International Airport slowed during the first half of the year to a meager 0.9%, and lucrative international passenger traffic declined 1%. Ontario International Airport bucked the trend.

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Shell Enlists AECOM

Firm will equip 200 EV stations in Netherlands

Century City-based infrastructure services firm AECOM has been chosen by Shell Retail to deliver 200 fast-charging devices for electric vehicles throughout the Netherlands, AECOM announced earlier this month. Financial terms of the deal were not disclosed.

ArtCenter College of Design Raises $124M, Exceeding Campaign Goal

The ArtCenter College of Design in Pasadena announced July 26 it raised $124 million in its fundraising campaign that closed in June, exceeding the $100 million goal set when the campaign began in 2011.

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Edison to Issue $2.7B in New Stock with Nearly Half Going Towards Wildfire Fund

Rosemead-based Edison International announced July 25 that it will issue $2.7 billion in new stock by the end of the year as part of a $4.9 billion finance plan. Roughly half the money will go into a wildfire fund recently authorized by the state.

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LA Commissions Study for Griffith Park Tramway

The City of L.A. has commissioned a study to explore the feasibility of an aerial tram at Griffith Park.

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LADWP General Manager Departs Early Following FBI Raid on Agency

Los Angeles Department of Water & Power General Manager David Wright stepped aside July 23, one day after an FBI raid on the agency’s offices seeking documents related to the botched rollout of a billing system.

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

L.A. County’s unemployment rate held steady at 4.5% in June, the combined effect of a modest gain in jobs and several thousand people leaving the labor force.

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Value Add

Property valuations in Los Angeles County rose by $94 billion in 2018

Assessed valuations in Los Angeles County rose by $94 billion in 2018.

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The Mouse That Roared

Supersized Disney posts $99 billion gain to boost LA market cap

Walt Disney Co. posted a $99 billion gain, boosting the region’s overall market capitalization.

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Walt Disney Co.

The Behemoth

SPECIAL REPORT: LARGEST PUBLIC COMPANIES

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Beyond Meat Inc.

Splashiest Newcomer

SPECIAL REPORT: LARGEST PUBLIC COMPANIES

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Arrowhead Pharmaceuticals Inc.

Biggest Gainer in Rank

SPECIAL REPORT: LARGEST PUBLIC COMPANIESMarket Cap: $2.51 billion

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Stamps.com Inc.

Biggest Decliner in Rank

SPECIAL REPORT: LARGEST PUBLIC COMPANIES

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Activision Blizzard Inc.

The Falling Star

SPECIAL REPORT: LARGEST PUBLIC COMPANIES

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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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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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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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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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