Business and economy

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

A Dutch woman has been photographing Skid Row for 6 years

skid-row-vanhoek.jpg Désirée van Hoek says people ask why "a relatively wealthy, white girl from Amsterdam" spends her summers in LA taking photos of the poor and homeless.

LA sidewalk homeless camp of the week (photos)

homeless-pico-expo-line.jpg Sunday on Pico Boulevard in West Los Angeles. Also: the sidewalk outside downtown's venerable California Club.

Tech website Gigaom shuts down immediately

gigaom-grab.jpg "Business, much like life, is not a movie and not everyone gets to have a story book ending," founder Om Malik posted.

Sam Simon, 59, Simpsons co-creator who gave away his wealth

SamSimon-save-the-children.jpg Simon donated his fortune from "The Simpsons" to children, animals and other causes.

Villaraigosa buys in Beachwood Canyon for $2.5 million

villaraigosa-home.jpg A year ago friends were saying the former mayor had no assets and was living in an apartment. Now he buys in the Hollywood Hills.

LAPD Skid Row shooting: justified or overreaction?

chief-beck-grab-ezellfordpresser.jpg Chief Beck opens the investigation by saying Sunday's police killing downtown appears justified, while Skid Row residents are upset.

Nordstrom leaving Westside Pavilion for Century City

nordstrom-westside.jpg Just as the Expo Line will be arriving, Nordstrom will be relocating to a much bigger space a few miles east.

Jeb Bush's LA tech guy resigns over smarmy digital past

ethan-czahor-twitter.jpg "While Ethan has apologized for regrettable and insensitive comments, they do not reflect the views of Governor Bush or his organization and it is appropriate for him to step aside."

KCRW wants your proposals for 'vulnerable populations' project

kcrw-logo-blue.jpg Journalist or team selected will spend a year reporting on LA's most vulnerable populations. Deadline to apply approaches. Radio experience not required.

CalTrans re-opens another six miles of PCH north of Malibu

crane-pch-malibu-vdt.jpg All but three miles of the scenic coastal stretch between Yerba Buena Road in Malibu and Las Posas Road in Camarillo is now open.

Two sides of the gentrification conversation in LA

gentrification-law-ziegler.jpg The latest issue of LA Weekly takes an interesting approach to the hot topic.

Michael Milken pitches Latinos as economic force (video)

milken-grab-lamag.jpg "The future of California is tied to the future of the Latino community in California," he tells Los Angeles Magazine. "If we don't make capital available to people with ability...our country is poorer."

Bob Hope estate in Toluca Lake back on the market

Bob_Hope_Estate_2014.jpg This time I guess it's a bargain: just $23 million, cut $4.5 million since 2013.

Ray Bradbury's Westside home is now a teardown*

bradbury-demolish-jkt.jpg The house is mostly gone already. Architect Thom Mayne may be the owner.

Tribune plans to 'redevelop' LA Times buildings

latimes-building-aerial-tig.jpg Chicago is seeking a partner to turn the corner of 1st and Spring into some sort of big mixed-use project.
southwest-plane-zocalo.jpg Joe Mathews writes that the airline that once made getting around the state so easy is becoming a big disappointment -- and making him rethink Gov. Brown's favorite rail project.

LA's bad traffic: A comparative advantage in new era of transportation?

NeilKremer110.jpg The next time you're stuck in traffic think about this: You're not just part of the problem. You're part of the solution. And not just for LA, but for the world!

Streetscape: Sidewalk homeless colony

homeless-virgil-avenue.jpg A homeless encampment on Saturday on Virgil Avenue, beside the Hollywood Freeway in what the blue signs call Wilshire Center.
internet-service-grafic.jpg A new report concludes that LA "has among the slowest, most expensive internet services in the industrialized world."

Virgin Galactic spacecraft crashes in the Mojave

virgin-galactic-hangar.jpg One pilot was killed and another injured when Virgin Galactic's SpaceShipTwo crashed in the desert north of the company's base at the Mojave Air and Space Port.

Chinese millionaires are buying mansions in Arcadia

arcadia-bloomberg.jpg Bloomberg Businessweek examines the latest influx of Chinese capital to transform a corner of the San Gabriel Valley.

Hang in there, the Apple hype is almost over (this time)

apple-com-grab-9914.jpg Walt Mossberg, the former Wall Street Journal tech columnist now writing for the start-up Re/Code, sort of parodies the hype and sort of joins in outside the Apple store in downtown Palo Alto.

LA Times reporter says au revoir to Silicon Valley

sock-puppet-obrien-crop.jpg Silicon Valley "is one of the most amazing places on the planet," says Chris O'Brien on his way to three years in France.

Renderings of three new residential high rises for DTLA

Broadway-Olympic-lofts.jpg There goes the view of the Jesus Saves neon sign and the rooftop panorama from the Ace Hotel.



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.
Streetscape | Tujunga Avenue
tujunga-ave-caioti-theatre-.jpg Tujunga Avenue in Studio City.
Chatsworth Lake Manor
checker-monroe-county-sheri.jpgA Checker labeled "Sheriff Monroe County," with palm trees at the northwest edge of the Valley.
Old Cornell
old-place-cornell.jpgThe Old Place on Mulholland Highway. Click to see bigger. Photo: Judy Graeme.
Infrastructure
expo-line-overhead-cc.jpgExpo Line, Culver City.
Unstoppable?
unstoppable-metro-local.jpgRiders may disagree. Metro bus on La Brea.
Spring has come
sycamores-vdt.jpgWildflowers and greenery in the Santa Monica Mountains. Here in Malibu
Breaking away
p-33-face-300.jpgP-33 escapes the Santa Monicas by crossing the 101. Story
Streetscape | Burbank
warner-bros-palms.jpgOlive Avenue side of Warner Bros.
Look up
lookup-6th+flower.jpgA corner of the downtown LA skyline from 6th and Flower streets.
Homeless camp on Pico
homeless-pico-closer.jpgSidewalk encampment on Pico Boulevard in West LA. Photos
Of tsunamis and earthquakes
namie-pile-sign.jpgIn one part of Japan, time has stood still since the 2011 tsunami. Story and video
Music at Doheny Mansion
dacamera-doheny-iris.jpgIris Schneider takes in some chamber music with the Da Camera Society. More
The name fits in Sawtelle
sawtele-furaibo.jpgSawtelle Japantown is LA's newest blue-sign neighborhood. Kevin Roderick
Giant coreopsis bloom
giant-coreopsis-malibu-point-dume-vdt.jpgThat time again at Point Dume headlands. Here in Malibu
Villaraigosa's new crib
villaraigosa-home.jpgFormer mayor buys a $2.5 million contemporary in Beachwood Canyon.
Streetscape | Pico Boulevard
pico-bike-skeleton.jpgMan and his skeleton riding tandem in Santa Monica. Photo: Sean Roderick
Desertscape | Mojave boxcar
open-boxcar-mojave.jpgBoxcar on siding, Mojave Air and Space Port.
Streetscape | Colby Avenue
colby-quonset.jpgQuonset hut on the Westside. You'll never guess the address.
Streetscape | Sunset Boulevard
silver-lake-scene-sunset.jpgSilver Lake near Sunset Junction.
6th Street bridge design
Renderings for the the 6th Street Viaduct and an NFL stadium for Carson. Inside
Last Remaining Seats
wizardofoz-lrs-underhill.jpgEd Fuentes' advice on what to wear and where to eat.
Broad museum
bcam-couple-iris.jpgIris Schneider takes the tour of the art museum coming to Bunker Hill. Photos