Posts filtered by tags: Top Stories LBPT[x]


Props to you, Californians: Real estate’s 3 slices of the November ballot

This wouldn’t be a California election without at least a few wildly contentious ballot measures about housing and property taxes. After a bit of last-minute legislative maneuvering, the 12 propositions that California voters will be asked to weigh in on has been finalized. Here’s the three real estate-related ones … Prop 15: Split roll Who put it there: Citizens. Campaign largely funded by the California Teachers Association, SEIU California and the Chan Zuckerberg Foundation Type: Cons...
Tags: Business, Real Estate, Politics, News, California, Housing, California News, Los Angeles, Sport, Soccer, Jeff Bridges, Los Angeles Times, Legislature, San Mateo, Aids Healthcare Foundation, Weinstein

Coronavirus: Will tenants, landlords, taxpayers split the bill for unpaid rent?

Mounting debts for unpaid rent during the pandemic could upend the state’s apartment industry — throwing tenants out on the street and choking small landlords unable to make mortgage payments. But an unprecedented state Senate plan is moving forward to give tax breaks to landlords for forgiving rents and halting evictions, and allow tenants 10 years to repay back debt to the state. And the estimated cost to taxpayers? Up to $10 billion over the life of the program. “We’re trying to stabilize the...
Tags: Business, Real Estate, News, California, Housing, Senate, California News, San Francisco, Sport, Soccer, Rent, Salinas, Gavin Newsom, Affordable Housing, Assembly, David Chiu

Longshore workers observe ‘Bloody Thursday’ tradition with car procession through Gardena

Hundreds of members of the ILWU on Sunday, July 5, recalled “Bloody Thursday” and the 1934 West Coast ports strike with a car procession concluding with a graveside memorial at Roosevelt Memorial Park in Gardena, where the first two victims of that historic labor dispute’s violence are buried. According to Daily Breeze history columnist Sam Gnerre, San Pedro High graduate Dickie Parker, 20, and Lomita resident John Knudsen, 43, actually died weeks before the day that would become known as “Blood...
Tags: Business, News, San Francisco, Sport, Soccer, Port Of Los Angeles, West Coast, San Pedro, South Bay, Wilmington, Gardena, Port of Long Beach, Lomita, International Longshore and Warehouse Union, John Knudsen, ILWU

Bubble Watch: Appraisers don’t see drops in SoCal home values – yet

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead. Buzz: The coronavirus has yet to hurt Southern California home values, according to a study done by a group of local appraisers. Source: One of our most curious housing yardsticks is crafted by the Real Estate Research Council of Southern California. Since 1943, the group based at Cal Poly Pomona has tracked local home-value movements twice a year with volunteer appraisers constantly re-evaluating th...
Tags: Business, Real Estate, California, Housing, Sport, Soccer, Santa Barbara County, Orange County, San Diego County, Ventura County, Southern California, Los Angeles County, San Bernardino County, Cal Poly Pomona, Housing Data, Top Stories LADN

Judge upholds Hawaii’s pandemic quarantine on arriving travelers

By JENNIFER SINCO KELLEHER HONOLULU — A U.S. judge will not stop Hawaii from enforcing a quarantine on arriving travelers, saying in a ruling that the emergency mandate is reasonable during the public health crisis caused by the coronavirus pandemic. A group of Hawaii, California and Nevada residents tried to stop the quarantine by filing a lawsuit alleging it is unfair and unnecessary. It violates the fundamental right to travel freely, they argued. The quarantine mandate, which applies to out-...
Tags: Travel, Health, Business, News, Uncategorized, Sport, Things To Do, Soccer, United States, Alaska, Hawaii, Nevada, Disneyland, Honolulu, Carson, Lancaster

Are you able to pay your rent?

Apartment rents in Southern California have risen steadily for the past nine years, crimping household budgets. Many tenants report having to cut back on food, clothing, health care and other essentials as rent increases eat up a growing share of their disposable income. The coronavirus pandemic created even more problems for tenants, with many struggling with reduced hours, unemployment or lost business income. Others have caught COVID-19 or had to care for family members who have the virus. Th...
Tags: Business, Real Estate, Housing, Sport, Soccer, Rent, Southern California, Southern California News Group, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT

Apple re-closes 15 Southern California stores as COVID-19 cases rise

Apple has re-closed another 30 U.S. stores including 15 in Southern California as cases of COVID-19 continue to flare up in regions around the country. Stores in Alabama, California, Georgia, Idaho, Louisiana, Nevada and Oklahoma closed  Thursday. That comes on the heels of 16 closures that took effect Wednesday in Florida, Mississippi, Texas and Utah. That brings the total number of stores that have been shuttered for a second time to 77. Apple has a total 271 stores in the United States, inclu...
Tags: Apple, Utah, Business, Texas, California, Los Angeles, Sport, Economy, Soccer, United States, New York Times, Bill, Oklahoma, Southern California, Knott, Top Stories LADN

Will foreclosures explode once the moratorium is lifted?

Remember the nursery rhyme refrain, “We all fall down?” The incredible uptick of COVID-19 is like a raging California wildfire. Earlier this week Dr. Anthony Fauci surmised the U.S. could experience 100,000 new coronavirus cases per day. With the U.S. population at roughly 337 million, it would take just over one year for everyone in the U.S. to get this virus if its trajectory doesn’t change. Horrifying! Assuming more Americans take hold of safer social distancing and other preventive practices...
Tags: Business, Real Estate, California, Housing, Los Angeles, Sport, Soccer, Mortgage, Anthony Fauci, Gavin Newsom, San Bernardino, Freddie Mac, Fred, FHA, Freddie, Federal Housing Finance Agency

‘More than physical health’: Gym helps 91-year-old battle isolation

Art Ballard worked out at Foothill Gym a few weeks before it was officially open to the public. “I’m feeling so good,” he says. “I snapped back.” Photo: Heidi de Marco/California Healthline Art Ballard loads a 25-pound plate onto the leg press. “At my age, the best thing you can do is find a routine.” Photo: Heidi de Marco/California Healthline Sound The gallery will resume in seconds Art Ballard holds a photograph of himself and his wife, Dorothy Ballard. She died from complica...
Tags: Business, News, California, Sport, Soccer, Arkansas, Disneyland, Dorothy, Monrovia, Usc, University Of Southern California, Ballard, Brian Whelan, Whelan, Garcetti, AARP Foundation

COVID confusion drives disciplined homebuyers to distraction

Now that buyers are back in droves looking at houses, with all of the current COVID–19 guidelines in place it is a little like the wild, wild West out there in home shopping land. Here are a few recent examples of what it takes to get a showing scheduled, make everyone feel safe, and interpret the various guidelines. It is common courtesy to let the sellers or their agent know approximately what time you and your clients will be arriving to see their house, and get a confirmation that they will ...
Tags: Business, Real Estate, Housing, Sport, Soccer, Range Rover, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT

Where to get financial help during coronavirus in California

From hotel rooms for people who are homeless to restaurant meals for seniors isolating for their lives, California has rapidly expanded its safety net in an attempt to catch millions of residents impacted by the coronavirus and its economic aftershocks. In daily press conferences during the pandemic’s first months, Gov. Gavin Newsom announced new “first-in-the-nation” plans to protect vulnerable Californians from illness or financial distress at a dizzying pace. But months in, the pandemic safet...
Tags: Business, Congress, California, Fresno, Sacramento, America, Los Angeles, San Francisco, Sport, Soccer, Roseville, Michigan, Santa Clara, Rhode Island, Patterson, Gavin Newsom

Can’t find coins? They’re the latest in short supply amid pandemic

First, it was toilet paper and hand sanitizer. Those were among the first items to fly off the shelves as COVID-19 took hold, prompting stay-at-home orders and the closure of nonessential businesses. Then came the meat shortage, and a persistent lack of surface wipes. The latest commodity to come up short? Pocket change — the stuff we carry in pockets and wallets, stash in nightstands, jars and the niches in our cars. Banks around the U.S. are running low on pennies, nickels, dimes and quarters,...
Tags: Business, News, Congress, Sport, Economy, Soccer, Bank, Federal Reserve, Consumers, Wells Fargo, Fed, Rose, Jerome Powell, Bellevue Washington, Coinstar, Top Stories LADN

SpaceX launches rocket carrying US Space Force satellite

HAWTHORNE — Hawthorne-based SpaceX launched a rocket carrying a US Space Force global positioning satellite into orbit Tuesday from Cape Canaveral in Florida. The Falcon 9 rocket carrying the GPS III SV03 satellite took off at 1:10 p.m. California time. It was pushed back from an original launch time of 12:55 p.m. The satellite launch was originally scheduled for April 29 but was delayed for two months due to the coronavirus pandemic. Space Force officials said the delay resulted in only mini...
Tags: Business, Spacex, Florida, News, California, US, Sport, Earth, Soccer, Cape Canaveral, Atlantic Ocean, SpaceX Falcon, Hawthorne, National Security Space, Top Stories LADN, Top Stories Breeze

SpaceX aims to launch US Space Force satellite: Watch live

HAWTHORNE — Hawthorne-based SpaceX will attempt another rocket launch from Cape Canaveral in Florida Tuesday, this time carrying a US Space Force global positioning satellite into orbit. The launch window for the Falcon 9 rocket carrying the GPS III SV03 satellite will open at 12:55 p.m. California time. The satellite launch was originally scheduled for April 29, but it was delayed for two months due to the coronavirus pandemic. Space Force officials said the delay resulted in only minimal co...
Tags: Business, Spacex, Florida, News, California, Sport, Soccer, Falcon, Cape Canaveral, Hawthorne, National Security Space, Top Stories LADN, Top Stories Breeze, Top Stories LBPT, Space Force, US Space Force

Coronavirus rebound? California shoppers see reasons to be optimistic

California shoppers recently showed a dash of financial hope to pollsters, thinking the worst of the pandemic’s economic wallop could be history. Two consumer confidence indexes showed some surprising resolve in June as the state economy was slowly reopening. Let’s start with the Conference Board’s overall consumer confidence index for the state. For June, this benchmark was at 77.6 — up from a revised 74.1 for May. Confidence bottomed in April, tumbling 32% that month, and the index is still do...
Tags: Business, California, Sport, Economy, Soccer, LA County, Chapman University, Claremont McKenna College, Conference Board, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze

Supreme Court lifts ban on state aid to religious schooling

By MARK SHERMAN WASHINGTON (AP) — The Supreme Court on Tuesday made it easier for religious schools to obtain public funds, upholding a Montana scholarship program that allows state tax credits for private schooling. The court’s 5-4 ruling, written by Chief Justice John Roberts with conservatives in the majority, came in a dispute over a Montana scholarship program for private K-12 education that also makes donors eligible for up to $150 in state tax credits. The Legislature created the tax cred...
Tags: Business, News, Supreme Court, Montana, Washington, Religion, Uncategorized, Sport, Ap, Soccer, Missouri, Catholic, Trump, Mark Sherman, Sonia Sotomayor, John Roberts

EU reopens its borders to 14 nations but not to U.S. tourists

By LORNE COOK BRUSSELS — The European Union announced Tuesday that it will reopen its borders to travelers f rom 14 countries, and possibly China soon, but most Americans have been refused entry for at least another two weeks due to soaring coronavirus infections in the U.S. Travelers from other big countries like Russia, Brazil and India will also miss out. As Europe’s economies reel from the impact of the coronavirus, southern EU countries like Greece, Italy and Spain are desperate to entice b...
Tags: Health, Europe, Business, News, La, China, Germany, Russia, India, Uncategorized, Eu, Spain, Sport, European Union, World news, Atlantic

Pre-COVID evictions, on hold since March, resuming in San Bernardino County

Evictions resumed this month in San Bernardino County, with sheriff’s deputies processing move-out orders pending from before the coronavirus emergency started in mid-March, a sheriff’s spokeswoman said. That means two counties in Southern California have resumed efforts to whittle eviction backlogs. Orange County began evicting tenants at the start of June. Los Angeles and Riverside counties still have all evictions on hold, sheriffs spokespeople told the Southern California News Group. Evictio...
Tags: Business, Real Estate, California, Housing, US, Los Angeles, Sport, Soccer, Rent, Orange County, Riverside County, Southern California, Miller, San Bernardino, Riverside, San Bernardino County

LA County is 683,200 jobs below pre-coronavirus level, unemployment 20.6%

As the Los Angeles County economy reopened from stay-at-home orders, 33,100 jobs were added in May. Despite the uptick, employment is still 15% below pre-coronavirus levels. My trusty spreadsheet — filled with state job figures, not seasonally adjusted — found local bosses had 3.95 million employees last month. This staffing level, derived from a survey of employers, was up 0.8% from April as business limitations were eased. Still, the economy — largely iced by efforts to slow the spread of coro...
Tags: Business, Jobs, California, Nike, Sport, Soccer, Southern California, Los Angeles County, LA County, Top Stories LADN, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT, Top Stories PSN, Coronavirus Economy

Under Armour wants to end $280M UCLA deal, but university is fighting to keep it

WESTWOOD — UCLA officials are resisting attempts by Under Armour to terminate a 15-year apparel and footwear contract with the school, university officials confirmed Saturday. “UCLA Athletics learned this week that Under Armour is attempting to terminate its 15-year apparel and footwear contract with us and the Bruin community. We are exploring all our options to resist Under Armour’s actions,” UCLA Athletics Director Dan Guerrero said in a statement. “We remain committed to providing our hard-w...
Tags: Business, News, Sports, California News, Nike, Sport, Soccer, College sports, Ncaa, Baltimore, Ucla, Boston College, Armour, Guerrero, UCLA Health, Top Stories LADN

Coronavirus rebound: SoCal pending home sales back above 2019 pace

Southern California house hunters put more homes into escrow for the ninth consecutive week, pushing the buying pace above the year-ago for the first time in 14 weeks. Zillow’s weekly report on activity from brokers’ listing services in Los Angeles, Orange, Riverside and San Bernardino counties shows 3,633 existing homes put into escrow in the week ended June 20 — up 1% in a week and up 6% from 2019. It’s the first year-over-year advance since March 14 as local housing rebounds from economic tur...
Tags: Business, Real Estate, California, Housing, Los Angeles, Sport, Soccer, Zillow, Southern California, San Bernardino, Los Angeles County, Housing Data, Los Angeles Orange Riverside, Top Stories LADN, Top Stories OCR, Top Stories PE

Photos: Kids can’t wait to kick – socially distanced, of course – as martial arts studio reopens

For 25 years, the House of Champions Martial Arts Academy in Van Nuys has prepared students to defend themselves from dangers that may lurk around any corner. Unfortunately, one opponent wasn’t not susceptible to punches or kicks. The school was forced to close to in-person classes in March because of the coronavirus pademic. Steven Spielberg and George Lucas during a groundbreaking ceremony for the Lucas Museum of Narrative Art in Exposition Park, Wednesday, Mar. 14, 2018. (Photo by Hans Gu...
Tags: Business, News, Los Angeles, Sport, Soccer, George Lucas, Eric Garcetti, Steven Spielberg, Ceasar, LA County, San Fernando Valley, Parra, Van Nuys, Los Angeles Daily News, David Hernandez, Lucas Museum of Narrative Art

UStrive pivots from T-shirts to nearly 2 million masks, gowns

UStrive Manufacturing knows a thing or two about reinvention and the company learned it on the fly. It began two months ago when Kaiser Permanente asked the Los Angeles-based maker of high-end, organic T-shirts to produce 500,000 general-purpose and clinical-use masks for its front-line healthcare workers battling COVID-19. UStrive had been shut for a week in response to the pandemic, but the company was able to pivot quickly, according to founder and President Scott Wilson. “We got the call fro...
Tags: Business, California, Kaiser Permanente, China, Los Angeles, Sport, Soccer, Kaiser, Fda, Manufacturing, North America, Wilson, Scott Wilson, South Gate, Textile Exchange, Global Organic Textile Standard

Enrollment in LAX Global Entry for bypassing customs is starting up again

LOS ANGELES — U.S. Customs and Border Protection announced plans Friday to reopen the Los Angeles International Airport Global Entry Enrollment Center early next month, but only for conditionally approve applicants. Beginning July 6, conditionally approved Global Entry applicants will be able to complete in-person interviews, and applicants must schedule enrollment center interviews in advance via the applicant’s Trusted Traveler Programs account. The Global Entry program allows expedited cleara...
Tags: Business, News, Los Angeles, Sport, Soccer, United States, Long Beach, CBP, Centers For Disease Control And Prevention, Cvs, Joe, Global Entry, Lax, U S Customs, Border Protection, Los Angeles International Airport

Trump administration urges end to Affordable Care Act as pandemic surges

By RICARDO ALONSO-ZALDIVAR and MARK SHERMAN WASHINGTON  — As coronavirus cases rise in more than half of the states, the Trump administration is urging the Supreme Court to overturn the Affordable Care Act. The administration’s high court filing Thursday came the same day the government reported that close to half a million people who lost their health insurance amid the economic shutdown to slow the spread of COVID-19 have gotten coverage through The administration’s legal brief...
Tags: Health, Business, New York, Texas, News, Supreme Court, Obamacare, Obama, Congress, California, Washington, Senate, White House, Uncategorized, Sport, Cms

What helps, and what doesn’t, during a hectic home sale 

Does it surprise you to know that there are usually about 29 people involved in a California real estate transaction? Of course, you have the buyers and sellers, their agents, and their agents’ brokers. Then, you add in the home inspector, the termite inspector, the termite company’s repair crew, the fumigation company, the escrow officer, the escrow officer’s assistant, the title rep, the title officer, the county clerk, the loan agent, the loan underwriter, the loan processor, the buyer’s bank...
Tags: Business, Real Estate, California, Housing, Sport, Soccer, Los Angeles County, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN

Builders grab 11% of Southern California sales, highest new-home share since ’08

With homeowners shying from selling their homes in the pandemic era, new homes have become a hot property. In what was the slowest-selling May for Southern California housing in the 32 years DQNews has tracked the region’s homebuying, builders continue to gain market share. According to my trusty spreadsheet, new homes grabbed 11.4% of all purchases in the six counties in May — up from 8.9% in April and 7.7% a year earlier. It was builders’ largest slice of sales for any May since 2008. Southern...
Tags: Business, Real Estate, California, Housing, Sport, Development, Soccer, Peta, Riverside County, San Diego County, Ventura County, Nelson, Southern California, San Bernardino, Wolf, West Village

Banks should match rate discounts for low-wealth Blacks  

Should new mortgage banking relationships be fair and equal? Or, all about the money? Citibank’s website calls it relationship pricing. Move $50,000 to Citibank, and CitiMortgage will knock 0.125% off your new mortgage rate. Move $1 million dollars over, and they will knock off one-half point. The Citi wealth subsidy amounts to nearly $99,000 of mortgage interest savings, assuming a $1 million fixed-rate mortgage going from 3.5% to 3%.Jackpot! Most large banks have similar “move your money over”...
Tags: Business, Real Estate, Housing, Los Angeles, Bank Of America, Sport, Soccer, Mortgage, Citibank, Costco, Dodd Frank, Wells Fargo, Citi, Los Angeles County, Freddie Mac, FHA

Audit: U.S. sent $1.4 billion in virus relief payments to dead people

By MARCY GORDON WASHINGTON — Nearly 1.1 million coronavirus relief payments totaling some $1.4 billion went to dead people, a government watchdog reported Thursday. More than 130 million so-called economic impact payments were sent to taxpayers as part of the $2.4 trillion coronavirus relief package enacted in March. The Government Accountability Office, Congress’ auditing arm, cited the number of erroneous payments to deceased taxpayers in its report on the government programs. While the govern...
Tags: Health, Business, News, California, Washington, Uncategorized, Sport, Soccer, Irs, GAO, Olson, Carolyn Maloney, Nina Olson, National News, Government Accountability Office Congress, House Committee on Oversight and Reform

IRS sent $1.4 billion in stimulus checks to dead people, audit finds

By Laura Davison and Mark Niquette, Bloomberg The federal government’s quick action to issue stimulus payments in the wake of the coronavirus crisis led to more than a billion dollars of fraudulent payments, while slow action to address the health risks might have worsened the outbreak, according to a report by a government watchdog. “In emergency situations, such as the Covid-19 pandemic, it is understandable, and appropriate, for agencies to want to get funds out the door quickly,” the Governm...
Tags: Business, Congress, Cdc, US, Sport, Soccer, United States, Treasury, Social Security Administration, Donald Trump, Department Of Homeland Security, Anthony Fauci, PPP, Department Of Transportation, Centers For Disease Control And Prevention, Irs

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