Posts filtered by tags: Business[x]


John McAfee, antivirus software creator, found dead in Spanish prison

By Aritz Parra, Renata Brito and Barry Hatton | The Associated Press John McAfee, the creator of the McAfee antivirus software, has been found dead in his cell in a jail near Barcelona, a government official told The Associated Press on Wednesday. Authorities said the cause of death was being investigated. Hours earlier, a Spanish court issued a preliminary ruling in favor of the 75-year-old tycoon’s extradition to the United States to face tax-related criminal charges that could carry decades i...
Tags: Business, Technology, Crime, Taxes, Spain, Bloomberg, Sport, Barcelona, Ap, Soccer, United States, Obituaries, Tennessee, John, Madrid, Caribbean

Help wanted: Labor crisis plagues restaurant industry

By Michael A. Blood | The Associated Press Sherry Villanueva’s family of Santa Barbara restaurants employed 350 people before the pandemic took hold and darkened dining rooms across California. Now, with the state’s economy officially reopened, about 250 workers are back on the job. Villanueva would hire 100 more if she could — but she can’t find people to take the openings. “We are in the midst of a very severe labor shortage,” said Villanueva, owner and managing partner of Acme Hospitality, wh...
Tags: Asia, Business, Jobs, Labor, California, Restaurants, Uncategorized, US, Los Angeles, Sport, Soccer, Las Vegas, Santa Barbara, Michael, Gavin Newsom, Fed

Apartment company looking to fill jobs throughout Southern California

Advanced Management Co., an Irvine-based business that owns 53 apartment complexes throughout Southern California, is looking to hire. The company has 45 openings for a variety of positions, including sales trainer and performance manager, construction superintendent, energy and utility specialist, director,  leasing consultant, service technician, groundskeeper and construction worker. A living room in Advanced Management Co.’s Artists Village complex in Santa Ana is seen here. (Photo courtes...
Tags: Business, Jobs, News, Housing, Los Angeles, Sport, Soccer, Local News, Southern California, Ontario, Santa Ana, Irvine, Romney, Top Stories LADN, Top Stories OCR, Top Stories PE

Supreme Court: Agency over Fannie Mae, Freddie Mac violates Constitution

By JESSICA GRESKO | Associated Press WASHINGTON — The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates separation of powers principles in the Constitution. White House press secretary Jen Psaki told reporters that the president would nominate a new head of the Federal Housing Finance Agency after the Supreme Court decision, but she did not give a timeline. The justices sent the case involving FHFA, which oversees ...
Tags: Business, Real Estate, Politics, News, Supreme Court, Congress, California, Washington, Senate, White House, Sport, Soccer, Ncaa, Associated Press, Collins, US supreme court

House may curb power of Facebook, Google, Amazon, Apple

By MARCY GORDON | Associated Press WASHINGTON — A House panel pushed ahead Wednesday with ambitious legislation that could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business. Conservative Republican lawmakers haggled over legislative language and pushed concerns of perceived anti-conservative bias in online platforms but couldn’t halt the bipartisan momentum behind the package. The drafting s...
Tags: Apple, Amazon, Business, Politics, Technology, News, Microsoft, Obama, Congress, Washington, Senate, US, Sport, Joe Biden, Soccer, House

What’s a ransomware attack? Tips for business owners

By Glen W. Price and Leeann Habte | Contributing columnists The recent high-profile ransomware attacks on the Colonial pipeline and JBS meat processing plants have heightened awareness of the threat of ransomware. For the thousands of businesses and public agencies that are hit with a ransomware attack each year, the threat is all too common and increasingly a cost of doing business. The vast majority of ransomware attacks are simply the latest version of an old criminal enterprise: the protecti...
Tags: Business, Technology, Small Business, California, Advice, Sport, Soccer, Grant, Glen, JBS, Best Best Krieger LLP, Glen W Price, Privacy Cybersecurity, Leeann Habte, LA County Mask

Are women less comfortable managing their money?

Although the title of our weekly column is Women, Money and Mindset, many of our readers and most vocal and passionate commenters are men. So, guys, while we welcome your participation, our column’s goal is to increase women’s engagement in the process of financial and estate planning. Some remarks, however, do make me wonder. In this era of social justice movements and gender neutrality, is it still appropriate to write specifically about how women relate to money? Women today assume a greater ...
Tags: Business, Advice, Sport, European Central Bank, Soccer, Southern California, Forbes, Gallup, Michelle, U S Bank, New York Life, Brookings Institute, COVID, U S Household Wealth

Redlands gets first LOOK theater in state; Monrovia, Downey, Glendale opening later

The movie theater at 340 N. Eureka St. in Redlands is slated to become the first LOOK Dine-In Cinemas location in California when it opens its doors on July 1. Brian Schultz, founder of the chain, said in an email that other former Studio Movie Grill locations will reopen as Look theaters later this summer with Monrovia in July, and Downey and Glendale in August. Related links Will closed theaters in Redlands, Glendale, Downey and Monrovia reopen? Redlands, San Bernardino mourn loss of ‘Th...
Tags: Business, Movies, California, Sport, Soccer, Glendale, Studio Movie Grill, Local News, Monrovia, Downey, Redlands, Eureka St, Top Stories RDF, Brian Schultz, Redlands San Bernardino, Redlands Glendale Downey

U.S. Supreme Court rules California must pay private businesses to allow union access

By Ariane de Vogue and Veronica Stracqualursi | CNN The US Supreme Court said Wednesday that California cannot allow unions to enter the private property of agricultural businesses to address workers unless the businesses are compensated for the visit, in a case that could have broad property rights implications. The ruling will imperil not only union organizers in California seeking to reach workers but could make it more difficult for the government to allow temporary access in other areas. C...
Tags: Business, Politics, News, Supreme Court, California, California News, Sport, Cnn, Soccer, US supreme court, Sonia Sotomayor, U S Supreme Court, John Roberts, Roberts, Stephen Breyer, Elena Kagan

Los Angeles County home sales drop 11% after $155,000 price jump

Los Angeles County’s skyrocketing home prices erased any savings low mortgage rates created, resulting in a rare, mid-spring sales drop. House hunters pulled back as affordability waned and homes that were on the market sold swiftly. Traditionally strong May saw transaction counts drop from April across Southern California. Here’s what my trusty spreadsheet found within DQNews/CoreLogic’s report on closed transactions in May from Los Angeles County … Sales: 7,800 existing and new residences s...
Tags: Business, Real Estate, News, California, Housing, Los Angeles, Sport, Soccer, House, Local News, Orange County, Riverside County, San Diego County, Zillow, Ventura County, Southern California

Asia stocks rise after Fed chair says US inflation temporary

By JOE McDONALD BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced. Sydney declined. Overnight, Wall Street’s benchmark S&P 500 index rose 0.5% to near last week’s all-time high after Fed chairman Jerome Powell said inflation is most...
Tags: Personal Finance, Asia, Hong Kong, Business, London, News, Congress, US, Sport, Economy, Beijing, Soccer, Sydney, New Zealand, Tokyo, Federal Reserve

LADWP unveils ‘Racial Equity Action Plan’ in response to Garcetti’s directive

The Los Angeles Department of Water and Power on Tuesday, June 22, unveiled a plan to advance racial equity within its own ranks and programs in response to an executive directive issued by Mayor Eric Garcetti. LADWP’s “Racial Equity Action Plan,” which was partly unveiled at the LADWP Board of Commissioners meeting Tuesday, includes launching a workforce development initiative to create good paying jobs and career opportunities for communities that have been historically disadvantaged. “The dep...
Tags: Health, Business, News, Education, Government, Los Angeles, Sport, Soccer, Community, Biden, Social Justice, Eric Garcetti, Tulsa, Bruce, state Senate, Garcetti

LA County supervisors provide aid to small businesses, their landlords

The Los Angeles County Board of Supervisors unanimously voted Tuesday, June 22, in support of a motion that would establish some protections for small business owners and set a $10-million fund to compensate their landlords. The motion, brought forward by Supervisors Holly Mitchell and Supervisor Hilda L. Solis, directs several Los Angeles County officials, including the Chief Executive Officer, the Chief Information Officer, the Director of the Department of Consumer and Business Affairs, the D...
Tags: Business, News, Government, Sport, Soccer, Community, Local News, Mitchell, Los Angeles County, LA County, San Fernando Valley, Raman, Solis, Los Angeles County Board of Supervisors, Hilda L Solis, Small Business Majority

Barbering and cosmetology professionals to protest pending bill

Professionals from the barbering and cosmetology industry plan to gather Wednesday, June 23 in Riverside to protest a bill they say would lower industry standards and allow unlicensed people to cut hair. They will converge on the office of state Sen. Richard Roth, D-Riverside, who authored Senate Bill 803. The legislation would amend the Barbering and Cosmetology Act, which provides for the licensing and regulation of barbers and cosmetologists by the State Board of Barbering and Cosmetology. Th...
Tags: Business, News, Protest, California, Senate, Sport, Soccer, Bill, Local News, Riverside, Moreno, Roth, Newsom, Assembly Appropriations Committee, Sen Richard Roth D Riverside, State Board of Barbering

Already had COVID-19? LA County health officials say you still need a vaccination

LOS ANGELES — Continuing to urge residents to get vaccinated, particularly as a highly infectious “Delta” variant of COVID-19 spreads, county officials stressed on Tuesday, June 22, that people who were previously infected with COVID still need to get the vaccine, because their natural immunity won’t last. County Supervisor Hilda Solis said during Tuesday’s board meeting that she asked a parent over the weekend if his children were vaccinated, and he said no because “they’ve already had COVID.” ...
Tags: Health, Business, News, Education, California, La, India, Los Angeles, Sport, Public Health, Soccer, United States, United Kingdom, Delta, Community, Secret Service

Fire risk amid a housing crisis — California’s challenging new reality

By Emily Hoeven | CalMatters California has a lot of moratoriums it needs to worry about. Even as Gov. Gavin Newsom and state lawmakers rush to extend California’s eviction moratorium before it expires next week, another big deadline looms on the horizon. In November, the state’s moratorium on insurance companies dropping coverage for Californians living in wildfire-prone areas is set to end — meaning at least 2.1 million residents could soon find themselves without homeowners’ insurance. That d...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Wildfires, San Diego, Lake, Gavin Newsom, Southern California, Monterey County, San Francisco Chronicle, Sacramento Bee, Lake County

LA Councilman Mike Bonin to offer housing options to homeless living on Venice Boardwalk

Los Angeles Councilman Mike Bonin announced on Tuesday, June 22, that starting next week, all people living along Ocean Front Walk in Venice will be offered services and a pathway to permanent housing. “We’re launching a major effort to confront the homelessness crisis at Venice Beach, address the safety needs of the housed and the unhoused, and fully reopen the park and beach for general public use. How? We’re offering housing, not handcuffs,” Bonin tweeted Tuesday morning. Beginning Monday, St...
Tags: Health, Business, News, La, Government, Sport, Soccer, Community, Homeless, Venice, City Council, Lapd, Eric Garcetti, Venice Beach, Los Angeles Police Department, Echo Park

Will Blackstone’s $6 billion on house rentals hurt homebuyers’ chances?

By Patrick Clark | Bloomberg Blackstone Group agreed to buy single-family rental company Home Partners of America for $6 billion, betting the demand for suburban housing will stay hot even as the pandemic eases. Home Partners, which is being acquired by Blackstone Real Estate Income Trust, owns more than 17,000 homes across the U.S., according to a statement on Tuesday. The company gives tenants the option of buying their rental, making it unique among its peers. Single-family rentals have been ...
Tags: Business, Real Estate, News, California, Housing, Wall Street, Toronto, America, Bloomberg, Sport, Soccer, Rent, Blackstone, Blackrock, Southern California, Fed

Providence Cedars-Sinai Tarzana adds new street light as Friese Family Patient Tower takes shape

City and hospital officials turned on a new street light last week on Burbank Boulevard in Tarzana at an entrance to Providence Cedars-Sinai Tarzana Medical Center, in an effort to ease traffic and improve pedestrian safety. The hospital administration said they closely worked with transportation officials to add a crosswalk and turn lane to help visitors safely enter the campus. “We’re so thankful for it because there were a lot of accidents there and this light is going to make it easier for e...
Tags: Business, News, Sport, Development, Hospitals, Soccer, Healthcare, Community, Usc, Donald, Burbank, Tarzana, Tenet, San Fernando Valley, Friese, Bob Blumenfield

May’s homebuying dip raises 5 questions for Southern California

Southern California homebuying took a surprising dip in May, raising the possibility that super-heated bidding wars and record price gains have forced potential owners out of the market. In another odd economic twist of the pandemic era, 23,956 new and existing homes sold in May, according to DQNews/CoreLogic. In what’s traditionally a prime homebuying month, those purchases in six local counties were down 8% from April. My trusty spreadsheet tells me that since 1988, May sales average 5.4% abov...
Tags: Business, Real Estate, News, California, Housing, Los Angeles, Sport, Economy, Soccer, San Diego, Local News, Zillow, Southern California, Los Angeles County, Inland Empire, Housing Data

As passengers return to air travel, bad behavior skyrockets

By DAVID KOENIG | Associated Press Air travel can be difficult in the best of times, with cramped planes, screaming babies, flight delays and short tempers. Throw in a pandemic, and the anxiety level can rise quickly. That has led to confrontations with flight attendants and other unruly behavior, including occasional fights that get captured and replayed endlessly on social media. Airlines have reported about 3,000 cases of disruptive passengers since Jan. 1, according to a spokesman for the Fe...
Tags: Business, London, News, Airports, Congress, America, Sport, Soccer, Airlines, Faa, United, Airline, Nelson, Transportation Security Administration, Federal Aviation Administration, Mach

JPL scientists say high-altitude balloons may be used to study Venus

PASADENA — Researchers from NASA’s Jet Propulsion Laboratory and Caltech said today they want to further test the use of high-altitude balloons — like two used in California after a series of earthquakes about two years ago — to determine if they could be utilized to study seismic activity on Venus. Instruments attached to one of two “heliotrope” balloons detected a low-frequency acoustic vibration wash over it as a result of a 4.2-magnitude aftershock in July 2019, with scientists subsequently ...
Tags: Business, News, California, Government, Sport, Nasa, Soccer, Pasadena, Venus, Jpl, Caltech, Jet Propulsion Laboratory, Top Stories LADN, Top Stories IVDB, Top Stories Breeze, Top Stories LBPT

LA Care Health Plan commits $5 million to new South LA medical school program

LOS ANGELES — As part of its $155 million commitment to attract physicians to underserved areas, L.A. Care Health Plan announced Monday, June 21 that it is giving $5 million to help fund the creation of a South L.A. medical school program focused on serving under-resourced communities. The donation will support the Charles R. Drew University of Medicine and Science, an historically black private medical school in Willowbrook that trains 28 medical students each year through a partnership with UC...
Tags: Health, Business, News, Education, California, La, Government, Los Angeles, Sport, Soccer, Community, Ucla, Cdu, South Los Angeles, LA County, Willowbrook

LA Public Health announces study into Inglewood Oil Field health impacts

LOS ANGELES — The Los Angeles County Department of Public Health announced on Monday, June 21, it will conduct a second study, led by UCLA research teams, into the health impacts of living near the Inglewood Oil Field. UCLA teams will develop and implement the assessment, which will take into consideration residents’ distance from oil fields in an effort to better understand how community health is impacted. The Los Angeles County Department of Public Health will develop the assessment’s protoco...
Tags: Health, Energy, Business, News, Government, Environment, Los Angeles, Sport, Public Health, Soccer, Community, Ucla, Culver City, Baldwin Hills, Barbara Ferrer, Los Angeles County Department of Public Health

LA artistic community teams up with elected officials to boost ‘Save The Performing Arts Act’

Actor Ben Guillory speaks out in support of art during a press conference with small BIPOC theater leaders supporting SB 805 (Save The Performing Arts Act of 2021) at the Los Angeles Theatre Center in downtown Los Angeles on Monday, June 21, 2021. (Photo by Sarah Reingewirtz, Los Angeles Daily News/SCNG) City Councilman Kevin De León visits with Actor Edward James Olmos as they both came out to speak in support of SB 805 (Save The Performing Arts Act of 2021) during a press conference at the ...
Tags: Business, News, Education, La, Government, Senate, Los Angeles, Sport, Soccer, Community, Theater, Bill, Southern California, Metro, Los Angeles County, LA County

LA County urges employers to verify workers’ vaccine status despite honor system

Saying COVID-19 is now “a pandemic of unvaccinated people,” Los Angeles County’s public health director urged employers on Monday, June 21, to verify workers’ vaccination status to determine if they should be wearing masks at work, despite the state allowing a self-attestation honor system. Although she expressed optimism that workers in the county will continue “doing what’s right” and being honest about their vaccination status, Barbara Ferrer said the threat of COVID-19 variants — such as the...
Tags: Health, Business, News, Education, La, Government, Environment, Sport, Soccer, Delta, Community, Disneyland, Sam, Los Angeles County, Ferrer, LA County

Surrounded by massive development, man refuses to sell his home

By Jessica Vallejo | WFOR via CNN MIAMI — A small single-family house stands in the middle of a huge construction project in Coral Gables. The $600 million commercial development is the largest in the city’s history. The homeowner says his home carries priceless sentimental value and he won’t sell it, no matter the noise, rubble or price. Speaking of price, the owner Orlando Capote has been offered a lot, many times. “The house is my soul. So what good is it to sell your soul for all the money i...
Tags: Business, Florida, Politics, News, Housing, Sport, Cnn, Soccer, Miami, Cuba, Coral Gables, Orlando, Miami Herald, Capote, National News, CBS4 News

Amazon’s Prime Day deals expected to disappoint as costs surge

By Spencer Soper | Bloomberg The deals during’s annual Prime Day sale will be stingier this year, according to merchants, thanks to rising shipping costs, higher advertising rates and scarce inventory. The two-day event, which began Monday, arrived as the world grapples with the lingering effects of the pandemic. Supply-chain disruptions — including the Suez Canal shutdown earlier this year and a spike in Covid cases that has hobbled two of China’s busiest ports — have pushed up costs...
Tags: Amazon, Business, New York, Technology, China, Sport, PA, Soccer, Jeff Bezos, Alexa, Bezos, Suez Canal, Target Corp, Spencer Soper, Walmart Inc, Top Stories LADN

COVID economy: California jobless claims backlog worsens

California workers are facing a steadily worsening backlog for their unemployment claims. On June 12, the overall jobless claims logjam totaled 1.126 million, up about 1,100 from the bottleneck reported by the state’s Employment Development Department for June 5. The overall backlog is derived from two numbers posted in an official dashboard posted by the EDD: — Claims for unemployment benefits have required more than 21 days for the EDD to approve or reject. These totaled 222,559 on June 12, up...
Tags: Business, Politics, Jobs, News, California, California News, Sport, Soccer, Employment Development Department, Edd, Coronavirus Economy

Bubble watch: Why are local lenders cutting staff?

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead. Buzz: Most Southern California bosses are swiftly hiring as the economy heals from pandemic damage, but local lenders have cut employment after mortgage rates bottomed in early January. Source: My trusty spreadsheet’s analysis for state jobs data for Los Angeles, Orange, Riverside and San Bernardino counties. The Trend Lenders as tracked by state job counters — that’s making loans of all sorts, but...
Tags: Business, Jobs, News, California, Housing, Sport, Soccer, Federal Reserve, Gas Prices, Southern California, San Bernardino, Los Angeles Orange Riverside, Southern California News Group, Top Stories LADN, Top Stories OCR, Top Stories PE

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