Landlords in Los Angeles voice sharp criticism of a new ordinance, claiming it threatens their financial stability. The Los Angeles Business Journal reports growing tensions as property owners urge revisions for balanced regulation.
Browsing: Business
Valley National Bancorp has acquired Bank Leumi USA, expanding its footprint in the U.S. banking sector. The Los Angeles-based deal marks a strategic move to enhance Valley National’s market presence.
The Los Angeles 2028 Olympics will, for the first time, allow venues to sell naming rights, opening new revenue streams amid rising costs. This move reflects a broader trend in sports business strategies, says BBC.
Los Angeles police ordered protesters in downtown to disperse and go home following escalating tensions. Authorities urged for peaceful conduct to maintain public safety amid ongoing demonstrations.
Starlux Airlines has announced its inaugural flight to Los Angeles, expanding its international reach. The new route aims to connect premium travelers between Taipei and LAX with enhanced service and comfort.
British Airways’ Business Class from Los Angeles to London offers a refined travel experience with spacious seating, enhanced dining, and attentive service, making it a top choice for transatlantic business travelers.
Delta Air Lines has resumed direct flights between Los Angeles and Hong Kong, intensifying competition on the transpacific route as travel demand rebounds. The move targets business travelers seeking convenient connectivity.
The Small Business Administration provides crucial low-interest disaster loans to uninsured fire victims, offering a rare financial lifeline amid widespread devastation. This federal aid aims to support recovery efforts where insurance falls short.
Forever 21 is closing its headquarters and laying off employees amid financial struggles, fueling rumors of an impending bankruptcy. The apparel giant faces mounting challenges in a shifting retail landscape.
US customs duties exceeded $100 billion for the first time in a fiscal year, Reuters reports. This milestone reflects increased import activity and shifting trade dynamics amid global economic recovery.
Federal immigration raids risk destabilizing California’s economy by removing thousands of workers from key industries. The Los Angeles Times reports potential disruptions in agriculture, construction, and service sectors.
Business Insider highlights 22 celebrities who have left Los Angeles, revealing their new hometowns and reasons for relocating. From seeking privacy to lifestyle changes, these moves mark a shift away from Hollywood’s spotlight.
US importers are increasingly relying on customs brokers to manage complex Trump-era tariffs, absorbing added costs to ensure compliance and avoid delays, according to a Reuters report.
Asia’s jet fuel exports to the US West Coast are set to reach a one-year high in May, driven by rising travel demand and tight regional supplies, Reuters reports. This boost reflects shifting market dynamics amid global energy trends.
Los Angeles wildfires have destroyed thousands of homes, forcing mass evacuations. The death toll has risen to 10, with firefighters struggling to contain the rapidly spreading blazes amid extreme weather conditions.
Business leaders nationwide are retreating from diversity, equity, and inclusion efforts amid activist backlash. However, Costco stands out by maintaining strong DEI commitments, defying the trend.
California’s economy is feeling immediate impacts from recent immigration raids, with businesses facing worker shortages and reduced productivity, according to a Los Angeles Times report. The disruptions threaten local industries.
‘Erewhon 2.0’ is set to expand with three new locations opening in 2025, signaling major growth for the popular health-focused grocery chain. The Los Angeles Times reports this move aims to meet rising demand.
The Los Angeles Times reports that the estimated cost of fire damage has surged past $250 billion, highlighting the escalating economic toll of recent wildfires across the U.S. Experts warn of growing risks ahead.
COMMENTARY: California Gov. Newsom cannot block tax payments to the U.S. government, but the state contributes far more in federal taxes than it receives in return, fueling ongoing debates about fiscal fairness.