Business and economy

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

Eli Broad retiring from public life 'right now'

eli-edythe-broad.jpg Broad chooses the New York Times for announcement that he wants to spend more time with his family and "catch up on my reading."

What I learned from my trip to the solar eclipse

eclipse-iris-stars.jpg Failing to plan is planning to fail. Don't hurry home. Be grateful you made the effort.

'Staggering' new homeless count in Los Angeles County

wilshire-homeless-camp.jpg The total jumped 23 percent over last year despite many more homeless people being moved into housing. So it could have been even worse.

Help for the homeless a phone call away?

wilshire-homeless-camp.jpg A homeless encampment appears under a freeway or in a park near you. You’re a public spirited Angeleno. Who do you call?

Garcetti says: 'Homelessness is the moral issue of our time'

garcetti-sotc-2017.jpg "As Mayor, there’s no issue I spend more time on," Garcetti says in his annual state of the city speech.

Homeless help begins soon

Mark_Ridley-Thomas_wikipedia.jpg After the surprising victory of Measure H, county and city officials and non-profit organizations are planning to move quickly to put its money to work.

Measure H: Maybe government works

bill-300.jpg It’s something of a miracle that Measure H, the Los Angeles County tax increase to improve services for the homeless, may be near voter approval.

Weekend chaos at LAX over Trump bans

lax-protest-herbst.jpg Trump's orders to block refugees and travelers from Muslim countries - even U.S. legal residents - caught Homeland Security by surprise. Protesters and lawyers flooded the airport.

FAA agrees to 2028 close of Santa Monica Airport

spirit-of-santa-monica.jpg Hard to imagine a bigger change to the infrastructure and environment of the Westside.

LAX as you have never seen it

lax-image-atlantic.jpg The mega airport is such a vital and vulnerable piece of our infrastructure that it employs two anti-terrorism experts with top-secret clearances.

Mollie Lowery, 70, longtime angel of Skid Row

Mollie-Lowery.jpg Steve Lopez has written a lovely column on his friend, the Skid Row organizer and housing advocate and co-founder of the LAMP Community.

KPCC, KCRW & SoCal News Group to swarm homeless on Wednesday

homeless-tent-fashion-distr.jpg Joint attention to the homeless issue will be on the same day as 70+ Bay Area news organizations focus their coverage on the problem.

More details on mixed use plan for LA Times buildings

latimes-buildings-from-city.jpg Offices and retail in the older buildings, while it looks like the 1970s corporate side will be razed for apartments.
mystery-imagination-bookstore.jpg Big sale starts today then the Brand Boulevard shop will move online.

Patrick Soon-Shiong buys into Tribune Publishing

Patrick_Soon-Shiong_wikipedia.jpg He becomes the second largest shareholder, vice chairman of the board, and Michael Ferro's defense against a takeover by Gannett.

The richest man in Los Angeles is still...

LA-Cover-20160516.jpg The Los Angeles Business Journal's annual exercise of estimating net worth has again tabbed Patrick Soon-Shiong as number one. Here are the top 10.

Space shuttle fuel tank arrives at Marina del Rey

fuel-tank-land-gl.jpg Early-rising onlookers and photographer Gary Leonard observed ET-94 as it came around the breakwater this morning and was offloaded.

Bay Area news outlets to swarm homeless coverage together

homeless-tent-fashion-distr.jpg The Chronicle, KQED and 28 other media outlets will do stories the same day to push for a solution.

Still just Burbank Airport to many of us

united-airport-opens-1930.jpg Bob Hope has been a dumb name for an airport for 12 years. So they are going with Hollywood Burbank (again.)

Register land already flipped, making papers a real bargain

oc-register-bldg.jpg After sale of the real estate, the net cost for buying the OC Register and Riverside's Press-Enterprise is just $15.8 million.

Last shuttle fuel tank sailing toward LA

fuel-tank-gilgarcetti.jpg ET-94 towers 15 stories high and will be displayed at the California Science Center.

Ex-Angeleno David Geffen is at home in NYC

DavidGeffen-name-tag.jpg "David got bored with Los Angeles a long time ago,” says Tina Brown.

Bookstore down: Apostrophe Books in Long Beach

apostrophe-books-sign-fb.jpg The Belmont Shore booksellers have been in business together for 23 years in different locations.

Alex Padilla is among the Porter Ranch dislocated

padilla-news-conf.jpg California's Secretary of State put his family in a Burbank hotel about six weeks ago.

Bookstore closing: Traveler's Bookcase on West 3rd

travelersbooks.jpg The proprietors of Traveler's Bookcase on West 3rd Street announced to customers via email that they are in the process of shutting down. The closing clearance sale begins today and...

A more humane homeless approach?

bill-300.jpg When I talked to Los Angeles City Councilman Jose Huizar, I got the feeling that the city may be moving away from its punitive approach to homelessness and toward something more humane and practical.

Garcetti names Wendy Greuel to homeless commission

greuel-clinton-langers-gary.jpg Wendy Greuel with Bill Clinton at Langer's Deli during the 2013 mayoral campaign. Photo: Gary Leonard. Eric Garcetti and Wendy Greuel were City Hall allies, and I believe friends, before...

LA's river homeless in the New Yorker

homeless-lacty-photo.jpg When the first storms thrown our way by El Niño were bearing down last week, the Los Angeles-based staff writer for the New Yorker, Dana Goodyear, went out and gave...



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: East LA
la-luz-del-mundo.jpg Iglesia La Luz del Mundo, East 1st Street.
Sign from LA's past
loves-bbq-valley-relics.jpg Sign from an old Love's BBQ restaurant at the Valley Relics Museum in Chatsworth.
Visiting her old ballet costumes
melissa-barak-cost-iris.jpg Melissa Barak at LACMA Chagall exhibit with the artist's memorable designs.
Engine Co. 17
engine-co-17-side.jpg Inside the long-closed Arts District fire station on Santa Fe Avenue.
Wilshire Grand Center lobby
wilshire-grand-lobby-wall.jpg Visitors check out the wall-mounted sculpture by artist Do Ho Suh.
Barnsdall Park
barnsdall-park-trees.jpg Under the trees.
Inside Hollyhock House
hollyhock-columns.jpgPhoto taking was allowed for one weekend. So we did.
Streetscape: Lincoln Heights
el-milagro-market.jpgProductos Mexicanos at El Milagro Market on Avenue 18.
June 6, 1968
rfk-hearse-wide-lapl.jpgThe body of Robert F. Kennedy leaves Good Samaritan hospital. More pics
Streetscape: DTLA
spring-street-bike-lane.jpgSpring Street bike lane.
Palm weeds of Santa Susana
santa-susana-palm-weeds.jpgOak trees, sandstone ridges and fan palms? Ugh. More
Streetscape: West LA
405-at-smblvd.jpg405 North at Santa Monica Boulevard.
Hills turning brown
grman1.jpgThe hills above Gorman.
Arcana Books
arcana-books.jpgIn the Helms Bakery complex in Culver City.
Streetscape: Melvil Street
melvil-street.jpgWall on Industry Cafe and Jazz in Culver City. Bigger
No casting (or emial)
not-casting-spnb.jpgFormer Security-First bank on Wilshire near LaBrea.
Streetscape
ciclavia-mar-vista.jpgCicLAvia at Venice and Centinela in Mar Vista.
Still life
bike-slipper-vdt.jpgSpotted in Solstice Canyon. Must be a story there.
Streetscape: Myers St.
tracks-boyle-heights.jpgRailroad siding beside the river in Boyle Heights, looking downstream toward the 4th Street bridge. Bigger.
Streetscape: West 2nd St.
broad-line-sunday.jpg A weekend line outside the Broad Contemporary Art Museum.
Chinatown queue
hwlngraslne.jpgThe line on a Sunday at Far East Plaza for Howling Ray's chicken.
First raptor of 2017
malibu-raptor-vdk.jpgVeronique de Turenne at her Here in Malibu blog.