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The reason is that the FAA considers the facility to be safe, even for large business jets, and when it comes to regulating airports that's what matters.
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Mark Lacter covered business, the economy and more here from 2006 until his death on Nov. 13, 2013.
The entire LA Biz Observed archive — more than 10,000 blog posts by Mark —
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September 2013
The reason is that the FAA considers the facility to be safe, even for large business jets, and when it comes to regulating airports that's what matters.
The truth is most Americans will not feel much impact, at least in the near term. And without a public outcry, you have to wonder whether Republicans will be coaxed into making a deal.
It's fallen at a faster rate than at any other time since World War II - and yet a CBS/NYT poll found 54 percent of Americans disapproving of the way President Obama is handling the deficit. Huh?
It's a complicated industry and the legislation to overhaul who gets what, when, and at what price doesn't make things any easier.
Tom Sherak will be directing the mayor's Entertainment Industry and Production Office. Garcetti has made the entertainment industry a top priority in enhancing the city's business climate.
As we suggested on Wednesday, names do make a difference.
He didn't have a good name for it. His opponents grabbed onto the pejorative-sounding "Obamacare" and after a while the president said, somewhat amazingly, that he was all right with the moniker.
This is the growing DIY subculture that has individuals coming up with new and different ways of pursuits ranging from robotics to woodworking. Mark Hatch, who has been at the forefront of the Maker Movement as co-founder of TechShop, will provide some insight Thursday morning at the Live Talks Business Forum. Breakfast is at 7:45 and the program starts at 8:15. I have a few free tickets available. Click here....
Why would the city of L.A.'s Planning Department not see fit to review fault activity before signing off on a 39-story residential tower?
Also the "Rhapsody in Blue" theme that had been a centerpiece of the airline's advertising in the 80s and 90s. All the major carriers are back on the air with branding efforts that are geared to bring out the positive aspects of air travel.
This was a kind of "on-the-one-hand, on-the-other-hand" report. It shows an economy that's still trudging along, with positive though hardly stellar results.
Household income, percentage of people in poverty, and number of uninsured are mostly unchanged from a year ago, but the comparison with the rest of the U.S. is striking:
Announcement comes less than a week after the 223rd and final C-17 was delivered to the Air Force. That's the last airplane manufacturing facility in Southern California.
Today is the official opening of the new-and-improved Bradley terminal, with its additional shops and restaurants and larger and more accommodating gate areas. Everything looks quite nice, though even before the hoopla the airport has been a perfectly serviceable place to fly into and out of.
The central bank will keep stimulating the economy through its bond-buying program, which was a pleasant surprise to Wall Street. Near the close, the Dow is up almost 150 points.
That's a notable contrast to 20 years ago when recent arrivals often started in low-wage positions, but were able to advance to a middle class lifestyle. These days, many of the mid-level jobs are gone.
As Jon Stewart notes, CNN leads the way in (sorta) covering Monday's shooting rampage in Washington.
The economic picture is a lot more complicated than a few numbers, but it should dispel the long-running whine about Los Angeles being some sort of basket case.
The decision making that's involved in adjusting to the Affordable Care Act goes well beyond saving a few bucks.
Whatever happened to dysfunction? The legislature has wrapped up a productive session that had a decidedly centrist tone - despite fears that the Democrats' hold on the Assembly and Senate would be a return to the days of reckless spending.
More than two dozen high rises of 20-or-more stories are either in the process of going up or on the drawing board for Century City, downtown, and Santa Monica. Question: Are the mayor and City Council prepared to ever say no to projects that are not in the best interests of LA?
As Boeing hands over its 223rd and final C-17 to the Air Force, it'll now be up to foreign customers to keep the program alive. It's the last airplane manufacturing plant in Southern California.
That's how folks at DreamHost, an L.A.-based Web-hosting provider, describe their corporate culture. Not only do they want everybody to have a voice, but they want those voices to be heard.
Lots of cross-currents at play in the new Dataquick report as the summer home-buying season draws to an end.
For all the talk about bikes and trains, L.A. is still land of the automobile - and it's likely to remain that way for a while.
The airline business is just damn hard. Along comes a carrier that makes flying tolerable (even in coach), develops a strong customer following, and still it struggles to make money.
The billionaire investor has a long history in the grocery business, going back to his days at Stater Brothers, so maybe he can do what British supermarket giant Tesco couldn't: Turn the El Segundo-based chain into a money-maker.
Surprising news - Shell was most recently chairman of NBCUniversal International, but he's not well-known among the studio crowd. Ron Meyer will be bumped up to vice-chairman of NBCUniversal.
Just 9.8 percent of all mortgages in the L.A. area had negative equity as of the second quarter, down sharply from 29.8 percent during the second quarter of 2009 - arguably the worst stretch of the economic crisis.
A powerful D.C. lobbying firm co-founded by former Clinton associate John Podesta has been hired by the L.A.-based marketer of nutritional supplements. Presumably, the firm will try pushing back efforts to launch a federal inquiry into Herbalife's business practices.
Guessing when employment gets back to "normal" misses the point of what's happening to the economy. Jobs that were lost over the last five years are never coming back.
Then again, it's Anthony Weiner, the NY mayoral candidate who makes the real housewives of New Jersey look like Middle East scholars.
I know this is crazy thinking, but does it make sense to have all those blockbusters competing for the same limited audience within the same limited time span? Whatever happened to, say, March?
The relative success in California isn't surprising, given the numbers of early adopters - as well the state's bent on new technology. Tesla, in particular, has gained high-end cache in parts of the Westside.
Lawmakers have tentatively decided that the economic benefits of attracting entertainment productions aren't worth the tax revenues lost from overly generous incentives.
The two companies announced the agreement after an impasse that lasted more than four weeks, leaving around 3 million subscribers in L.A., N.Y., and Dallas without CBS programming.
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.The multi-talented Mark Lacter
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