Business and economy

News and observations on the economy, business, real estate, aerospace, tech, wealth, poverty and more.
Incorporating LA Biz Observed.

LA Times printing plant land put up for sale

latimes-olympicplant.jpg Chicago's Tribune Media wants to cash in on the hot real estate market in downtown Los Angeles.

LA CAO Santana and the complexities of homelessness

bill-300.jpg “Homelessness is a problem that involves thousands of people and requires a massive response but at the end of the day it’s really about one person at a time,“ said Miguel Santana, Los Angeles’ city administrative officer.

Amazon opening a real bookstore today in Seattle

amazon-books-store.jpg Twenty years later, Amazon has decided what it really needs is a physical, brick and mortar retail store to sell books.
miguel-santana-ladtn.jpg He is a bean counter "actually worth writing about" and the point man in City Hall on the homeless issue, says the Downtown News.

Computer science now the top major for women at Stanford

stanford-students-file.jpg In the heart of Silicon Valley, a milestone has been reached. Plus more progress at Harvey Mudd.

Hunting the water guzzlers of Bel Air

moraga-vineyard.jpg The Center for Investigative Reporting got the story rolling. Now Steve Lopez is on the case.

Dorothea Lange photos of LA poverty in 1936

dorothea-lange-la-mexican-quarter.jpg A month before shooting her famous migrant mother, Lange documented the "Mexican quarter" before it was razed for downtown's Union Station.

BuzzFeed walks away from Arts District move

ford-factory-shorenstein.jpg The web operation is still looking for the right LA headquarters, but for now BuzzFeed Motion Pictures is moving to Siren Studios.

Soon-Shiong also now interested in buying LA Times

soon-shiong-forbes.jpg Report is that LA's richest person is "seriously considering" a bid but has not contacted Tribune. Not that the Times is even for sale.

Union Rescue Mission CEO loses use of legs to infections

andy-bales-aron.jpg Andy Bales caught the trifecta of Skid Row infections — E. coli, strep and staph — and now uses a wheelchair. "Conditions on Skid Row are worse than they have ever been…"

Why LA missed the new economy

storper.jpg The Rise and Fall of Urban Economies: Lessons from San Francisco and Los Angeles, should be required reading for people who consider themselves leaders in Los Angeles.

LA's last real estate trophy?

Last_Real_Estate_Trophy_thr.jpg "This is as good as it gets," says real estate broker Jeff Hyland: 157 acres on the ridge line above Beverly Hills.

KCRW launches series on Skid Row

KCRW_Stephanie.jpg For some, "the area can be a way station to a better place. For others, it’s a place where survival means community, drugs, and a regular spot on the street."

RV encampment on Tujunga Avenue in North Hollywood

rv-nh-12.jpg The blogger at Here in Van Nuys visited with some of the homeless parked in 15 vans, campers and RVs at North Hollywood Park.

Uber gets almost-green light to pick up at LAX

LAX-terminal2-parking.jpg The City Council says OK but there are some official hurdles still to jump.

LA to give up Ontario Airport

ontario-airport-signs.jpg Reports are that Ontario will reimburse LA for its investment at the airport and settle a lawsuit alleging poor management.

Can LA County solve America's voting problem?

ballots-received-laco.jpg Los Angeles is getting credit for trying to fix the technology side of the old-fashioned and embarrassing way that the U.S. conducts elections.

Hector Tobar: LA's inequality hard to ignore anymore

homeless-virgil-avenue.jpg Los Angeles is becoming a metropolis of the developing world, the New York Times columnist argues.
Thumbnail image for homeless-pico-closer.jpg On the eve of his second anniversary in office, the mayor faces a test on the homeless issue. He changed his tune last night on Warren Olney's show.

Alessandra Stanley leaves TV beat to cover the .01%

alessandra-stanley-640.jpg Stanley is shifting to a newly created beat that will be part of the NYT's gathering coverage of income inequality in the U.S.

BuzzFeed releases long-discussed news app

buzzfeed-news-app-grab.jpg "We know a lot about the 25 million people who visit BuzzFeed News each month," says the site. "We know young people are into news."

Kirk Kerkorian, 98, went from dropout to billionaire

Kirk-Kerkorian.jpg He bought MGM three times, owned Las Vegas hotels and at times was the richest man in Los Angeles.

LA journalist gets a nice surprise on his Hanoi visit

nick-ut-hanoi-henry.jpg Henry Weinstein is traveling in Vietnam and ran into the one LA media person you might hope to see in Hanoi.

Development notes: Crossroads of the World, Windsor Square

Crossroads-Curbed.jpg One of Hollywood's most visible landmarks is the site of a proposed mega-project.
jessica-alba-forbes.jpg Take that, haters. Alba really is more than a pretty face and the Internet's favorite bikini body.

Hyperloop hoop

hyperloop-hoop.jpg Looks as if the Hyperloop engineers have made themselves at home in the Arts District.
Santa-Monica-Pier-tourists.jpg Units that are really just vacation rental businesses will no longer be allowed to take in paying guests unless the resident is there too.

Dave Goldberg's legacy in the music business

dave-goldberg.jpg The Survey Monkey chief executive who reportedly died outside the U.S. while on vacation with his wife -- no details have been released -- was a pioneer in bringing digital music to the Internet.

Mark Lacter and LA Biz Observed
Mark Lacter created the LA Biz Observed blog in 2006 and posted until his death on Nov. 13, 2013. His 10,000-plus posts are archived here.
Spring Street streetscape
food-for-dogs.jpgFirst Whole Foods arrives downtown. Now health food for dogs.
Rain Room
rain-room-iris.jpgMuch-anticipated installation at LACMA requires timed tickets. A peek inside.
Lines of miscommunication
now:under:no.jpgOnly in LA: Steve Harvey's latest column.
mannequin-heads-jg.jpgLast chances on La Brea Avenue. Photo by Judy Graeme. See bigger
Future of Cities
foc-cocktails.jpgAbout 500 people turned out for new group's first LA leadership summit.
Fishing the pier
sm-pier-fishing.jpgSanta Monica Pier.
Chuck Berry and the Stones
rollingstones-hagg.jpgOne rocking Saturday night in the KHJ-TV studios in 1965. Video and backstory
Dorothea Lange's LA photos
dorothea-lange-la-mexican-quarter.jpgDowntown's "Mexican quarter" in 1936. Images
Father and daughter
garcetti-with-maya.jpgMayor Eric Garcetti and his daughter, Maya, at Gary Leonard's gallery.
Republicans for Voldemort
republicans-voldemort-vdt.jpgSpotted near the Malibu civic center. Veronique de Turenne
Visiting mom at Clifton's
cliftons-workers-rr.jpg Visiting mom's ashes, that is.
Neutra and Schindler
neutra-schindler-ucsb.jpgPlay imagines what happened after the estranged architects were reunited in a 1953 hospital room. Karen Wada
'Good morning, people!'
grace-slick-woodstock-dark.jpgGrace Slick and the Jefferson Airplane at Woodstock. Turn it up.
For your consideration
bessie-still.jpgTwo costume designers who should have received Emmy nominations in our blogger's judgment.
gayley-terrace-ww.jpg Gayley Terrace in Westwood Village.
ice-cream-man-pdr.jpg By the bike path in Playa del Rey.
The edge
ocean-vdt.jpg The view at the edge of the continent. Veronique de Turenne
LA's newest mountain lions
p-43-kitten.jpgKittens P-43 and P-44 caught and tagged.
LA's lizard season
baby-lizard-nhmla.jpgBaby lizards are all around in August. Story
Studying LA coyotes
coyote-dtla-nps.jpgWhere two Central LA coyotes go. Map
Secretary by day
Jenelle-Hamilton-sumo.jpgSumo fighter by night. Story
DTLA in the rain
rain-6th-street.jpgWhen rain is this rare, we run photos.