Source: Los Angeles Business Journal
News
Feb. 1, 2017
The company said it will tack on 750 jobs at the new headquarters. It was not immediately clear if the Glendale positions would be cut in the process. . . Nestle isn’t the first major company to uproot its L.A. headquarters in recent years. Jacobs Engineering Inc., Toyota Motor Corp.’s North America division, and coffee maker Farmer Bros. Co. all decamped to Texas.
News
Jan. 23, 2017
The funds, to be collected from ratepayers over a five-year period, would increase customers’ electricity bills by up to 0.5 percent. The money would support several programs to promote electric vehicle transportation . . .
News
Nov. 17, 2016
A report from the U.S. Census Bureau says millennials are leaving Los Angeles at one of the highest rates in the country, LA Weekly reports. The analysis found that residents between the ages of 18 and 35 decreased by 7.4 percent over the last 10 years, a decrease of 780,000 people, making it the third-worst city for millennial population loss.
News
Nov. 16, 2016
Aecom has halted construction on Faraday Future’s Las Vegas electric car factory after the Chinese-backed firm reportedly missed several payments for the project.
News
Nov. 16, 2016
The study, which surveyed businesses with revenues from $100,000 to $5 million, showed 47 percent of entrepreneurs believed the Los Angeles economy would improve in the next year – up from 40 percent in a spring survey. Of those surveyed, 39 percent felt the national economy would improve, a 10 percent gain from the spring.
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