The Legislature went home for a month Thursday, but not before handing aerospace giant Lockheed Martin Corp. a controversial $420-million tax break.
Branded as a sweetheart deal for Lockheed, the bill sailed through the Assembly and Senate — but only after critics forced state officials to pledge that they would seek a similar incentive for aerospace rival Northrop Grumman.
Nearly 80% of the state was under “extreme” drought conditions in June, according to the latest U.S. Drought Monitor map. Within that area, the amount considered to be in the highest category of drought — “exceptional” — grew from 33% in May to 36%.
Currently, Los Angeles has a living wage ordinance that requires that city contractors pay at least $12.28 per hour without health benefits, or slightly less with health benefits, according to its Bureau of Contract Administration website.
Of the nearly 64,000 who received a single associate degree in the 2012-13 academic year, the median student took 4.1 years, the nonprofit Campaign for College Opportunity said.
An independent hearing officer Monday dealt a major setback to Los Angeles’ effort to rein in public employee pension costs, concluding that elected officials violated labor law when they voted to roll back retirement benefits for new civilian workers without negotiating with labor leaders..
SAG-AFTRA and the Alliance of Motion Picture and Television Producers said late Monday night that they have agreed to a 24-hour extension of the film and TV contracts that were set to expire at midnight June 30.
“Exceptional” drought conditions have spread in Central California since a week ago, weather officials said. Areas in Northern California have also moved into this category since last week, according to the U.S. Drought Monitor.
Political fallout over the seizure of Crimea has caused the U.S. government to rethink its partnership with Russia on space programs, which has bolstered business prospects for a historic California rocket company.
Experts say the high numbers point to forces that continue to push people out of the city, including pricey housing and poor impressions of the public schools. Workers who make more money are much more likely to live in Los Angeles than those with lower incomes, the analysis shows. Nearly 48% of the highest-paid employees live in the city, compared with 20% of the lowest-paid.
Each month since April 2012 except one, Los Angeles County has seen at least 2% year-over-year job growth, compared with a 1.7% average across the country.
The Culver City firm behind many YouTube stars will lay off about 10% of its 380 employees, a person close to the digital media company said on Monday.
Consumer spending was down $8.1 billion, or 0.1%, last month, the Commerce Department said Friday.
The California Senate on Wednesday could not muster the votes to pass a measure that would have penalized high chief executive salaries with higher corporate taxes.
The state Senate on Wednesday failed to muster the votes needed to set a moratorium on the oil drilling technique known as hydraulic fracturing, or fracking, until a study determines that it does not pose a health risk for the public.
Legislators moved Thursday to further hike the state’s minimum wage and to guarantee workers three paid sick days a year, despite opposition from the California Chamber of Commerce, which labeled both proposals “job killers.”