Business | Explaining Southern California's economy

Trump's labor pick is no fan of California's overtime, rest break rules

Trump tapped Andrew Puzder, who runs the parent company for Carl's Jr. Despite the burger chain's long history in California, Puzder said they would grow elsewhere.
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Jack Plunkett/AP Images for Carl's Jr.
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California Lottery Sales Are Shattering Records — But Schools Aren’t Hitting The Jackpot

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The California Lottery is minting money. This year, revenues will soar to $6.9 billion. That should be good news for the state’s schools, the lottery's only beneficiary. Yet even as ticket sales have skyrocketed, California schools aren’t seeing much of a return on that investment

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Is California’s expensive housing scaring away job seekers?

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California employers and job recruiters find it tough to lure out-of-state workers at a time when unemployment rates are falling and housing prices are rising.

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The Bob Hope USO center at LAX is getting an upgrade

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The Bob Hope USO center at LAX is about to get an upgrade. The new facility is in the base of the iconic Theme Building, more commonly known as the spaceship hovering in the center of the airport’s terminals.

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AirBnB partners with NAACP to encourage more black hosts

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Airbnb has been under fire for discrimination towards travelers who’ve been turned away based on their race. Now the company has announced a new partnership with civil rights organization NAACP.

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Santa Monica decides against a hard cap on electric scooters

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Electric scooters have quickly become a popular way to get around in Santa Monica. The city was the first to get scooters from Silicon Beach startup Bird. And now, Santa Monica has decided to take a light touch on regulating them.

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Bernie Sanders supports higher wages for Disneyland workers

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Bernie Sanders is making higher wages the focus of his trip to Southern California on Saturday, meeting with Disneyland workers and LA ports truck drivers.da

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Bernie Sanders to meet SoCal workers demanding higher wages

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Sanders is scheduled to speak with Disney workers in Anaheim calling for $18 per hour and with truck drivers who say they're facing wage theft at L.A. ports.

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More Business & Economy

What explains the drop in serious violations of L.A. rental codes?

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A new audit says serious violations are down, while other violations of the city's safety and fire codes remain high.

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Rose Parade hires away Macy's parade exec in bid for younger audience

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Her challenge is to get the whole organization behind the mission to entice more exciting entries to the parade and win a younger audience.

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That trade war with China might be on hold

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Treasury Secretary Steven Mnuchin says two days of talks between the U.S. and China have produced "meaningful progress."

Foreign trade tensions could put tens of thousands of SoCal jobs at risk

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Nearly 430,000 Southern California workers earn a paycheck from one of the region's 10,378 foreign-owned companies.

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Federal agency investigates Tesla crash; driver says car was on autopilot

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The National Highway Traffic Safety Administration said it's looking into a collision where a Model S plowed into another car at 60 mph. It's at least the third safety probe of Tesla since March.

Uber shifts policy for alleged sexual misconduct on service

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The company is also scrapping a policy requiring all settlements of sexual misconduct to be kept confidential, giving victims the choice of whether they want to make their allegations public.

Drag queen spokesmodels can help businesses slay the competition

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Ad companies once used drag queens as jokes, but now several businesses have found drag queen spokesmodels help them win over customers.

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Facebook suspends about 200 apps that may have misused data

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The social media giant said the suspensions resulted from its investigation into all apps that had access to large amounts of information before Facebook changed its platform policies in 2014.

California pot revenue has been disappointing. Is lowering taxes the solution?

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Licensed pot shop owners blame high taxes for lower-than-expected state cannabis revenues. "We just can't compete with these illegal dispensaries," says one local owner.

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