Business and economy

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

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...

Yaroslavsky says there's no quick fix for homeless

homeless-virgil-avenue-crop.jpg “No one should expect the problem to be solved overnight,” cautioned former Los Angeles County Supervisor Zev Yaroslavsky when I asked him about the latest and most promising aid proposal.

SpaceX launches - and lands - a rocket

spacex-landing.jpg On the third try, SpaceX brings back the Falcon 9 and lands it on a pad at Cape Canaveral. Video inside.

Bel-Air Camera in Westwood to close before Christmas

bel-air-camera-camera.jpg The family-owned store that opened in 1957 was sold just five months ago. Lots of other changes coming to Westwood Village soon.

LA still leads the U.S. in manufacturing jobs

crinkling-jeans-npr.jpg NPR series looks at aerospace jobs and the garment industry.

Final flight of LB's C-17 Globemaster

c17-final-flight.jpg The last military transport to be made in Long Beach flew off Sunday, symbolically ending the era of aircraft manufacturing here.

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.



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.
Graduation photo day
csula-grads-lacma.jpgCal State LA graduates pose at Urban Light.
ET-94 comes home
fuel-tank-land-gl.jpgET-94 arrives in LA and Gary Leonard was there.
Streetscape
i-give-a-fck-santafe.jpgSanta Fe Avenue, downtown Arts District.
Face painting
face-painting-cookie.jpgA Sunday afternoon in the downtown piñata district. Bigger
Rooftop pool
eastern-columbia-pool.jpgDowntown's Eastern Columbia building.
Images of the refugees
father-daughter-reach-lesbos-stoddart.jpgA father celebrates his family's safe landing in Lesbos, Greece.
Mellow DTLA Sunday
hauser-wirth-courtyard.jpgLate afternoon in the courtyard at Hauser Wirth & Schimmel.
Vin Scully's 67th opening day
vin-scully-opener-2016-ocampo.jpgNo words needed.
Outlander hits Beverly Hills
outlander-fans-jg.jpgInside the eye of the storm with Jamie and Claire.
Homework table
verve-homework-table.jpgThe communal table at Verve Coffee Roasters on Spring Street is always packed.
Death Valley gets all flowery
death-valley-flowers-grace.jpgGrace Peng's daughter wonders, is it Death Valley or Spring's Meadows? Native Intelligence
Streetscape
iglesia-aposento-alto-sv.jpgIglesia Aposento Alto. Cantara Street in Sun Valley.
Streetscape
port-berth60-325.jpgPort of Los Angeles.
LA's ghost streets
la-ghost-streets.jpgWriter Geoff Manaugh observes the shapes of blocks, yards and homes that reveal the existence of old streets. More
Down by the river
la-river-egyptiangeese-sklar.jpgEgyptian geese in the Los Angeles River channel near the 6th Street Viaduct. Photo: Anna Sklar.
Gone but not forgotten
garment-and-citizen-sign.jpgA presence of the late downtown newspaper the Garment & Citizen remains on a Spring Street wall.
Colors of the season
farmers-market-vegs-vdt.jpgThe day before Thanksgiving. Veronique de Turenne
PCH blue
pch-north-vdt.jpg Not a bad commute. Veronique de Turenne
Griffith Observatory in the '30s
griffith-observatory-30s-bentley.jpgDon Bentley submitted this family snapshot. Not much growth on those hills.
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.