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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Recent Business & Economy coverage

Pot delivery businesses and city officials spar over new rule

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State cannabis regulators have proposed a new rule that would allow pot delivery anywhere in California — even in cities with local bans.

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CA court says loan interest rates can be 'unconscionable'

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Can interest rates be so high that they're illegal? The California Supreme Court said yes, in connection with a case involving Orange County lender CashCall.

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This Orange County couple is clawing their way out of homelessness — and texting us on the way

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The county moved them from the Santa Ana riverbed into a motel — and now they have less than a week before they'll be forced to move again.

LA voters won't be asked to raise pot taxes after all

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City council members had put a measure on the November ballot asking voters if they wanted to raise local pot taxes by another one percent. But now it's gone.

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Where do people get money for CA homes? Often, mom and dad

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Federal data shows first-time buyers in California increasingly rely on family for help.

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One state, unaffordable: Your housing questions, answered

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When it comes to living in California and why it costs so much — you have a lot of questions. We set out to get answers.

LA adopts new rules for banks wanting to hold the city's money

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The new requirements come in the wake of scandals involving Wells Fargo, which currently handles most of the city's deposits.

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More Business & Economy

LA voters to decide on new pot tax in November

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Proponents say it'll help communities targeted in the War on Drugs. But legal pot shop owners have said existing taxes are already too high.

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Minimum wage going up for many SoCal workers

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A lot of local workers just got a raise, thanks to a minimum wage increase that went into effect on Sunday July 1st in many parts of Southern California.

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What's in your pot? You'll know for sure starting July 1

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State-licensed testing labs are about to tell California consumers what's really in their pot — but strict rules could also lead to a sudden shortage on July 1.

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Exploring The Promise — And Unintended Consequences — of Rent Control

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Toy cars are scattered across the floor in Marie Camacho’s small one-bedroom apartment in Sacramento. Photos of her 4-year-old boy, Julian, line the walls.

Lottery sales fast-paced in low-income, Latino and Asian neighborhoods

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Lottery losses are felt more acutely in certain neighborhoods: KPCC/LAist reviewed store-by-store sales data from the lottery, revealing that those booming sales happen disproportionately in census tracts that are low-income and non-white.

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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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