The Breakdown

Explaining Southern California's economy

In business news: The Tonight Show ratings, Boeing 777X production, Port news

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Happy Tuesday! Here's a daily round up of interesting business stories. Every day, KPCC compiles this list. 

Boeing has picked Everett, Washington as the site to make the wings for the 777X, The Seattle Times reports. Last month, Boeing's unionized workers in Washington voted to keep 777X production in the state, even though the union said the contract cut benefits. During a nationwide search last year, many locales had lobbied to get the 777X work, including Long Beach. Boeing plans to close an military cargo plane assembly plant in Long Beach by 2015, which will impact 2,000 Southern California workers.

Port of Long Beach and executive search firm ink pact. The Long Beach Press-Telegram reports that the Board of Harbor Commissioners approved a $127,000 contract to Boyden Global Executive Search. The firm is tasked with finding a new executive director after Christopher Lytle left to work for the Port of Oakland last year, the Press-Telegram reports.

The nation's largest ports, including the Ports of L.A. and Long Beach, have been preparing for the widening of the Panama Canal, but now, the project could face a delay because due to a contract dispute between Panama and the builders, reports the Wall Street Journal. The dispute could delay the project by three years, according to the WSJ. 

Newspapers can have an impact on community involvement. Poynter reports on a study that says newspaper closures in Denver and Seattle, may have caused civic engagement to decline.  That's not the case here in Southern California, where Freedom Communications is expanding its coverage to desert communities, including Palm Springs. There's a newspaper war brewing in the desert between Freedom Communications' Desert Enterprise and Gannett's The Desert Sun. Read The Desert Sun's response here.

The Wrap reports there will be legislation introduced this week by Democratic state Assemblyman Raul Bocanegra to expand California's $100 million tax incentive program for film and TV production. 

Did you check out Jimmy Fallon's debut on The Tonight Show? The show's ratings tied with Conan O'Brien's 2009 premiere and beat Jay Leno's 2010 return, according to Deadline. 

But Vulture points out that The Tonight Show's ratings during Jay Leno's final months was less than half it was in 2005-2006. Vulture says there's a battle among late night shows for survival,with market share lost to cable networks like Comedy Central and Internet streaming video services.

Good news for those of you on the hunt for garlic-smelling real estate. The L.A. Times reports that The Stinking Rose restaurant building in Beverly Hills is up for sale for $18.3 million.

Got business news? Tweet me @thewendylee.

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