FEATURE
NBCUniversal's $1.6B studio, park expansion OK'd by Los Angeles Planning Commission

The Los Angeles Planning Commission on Thursday approved a $1.6-billion makeover of Universal Studios that supporters say will boost tourism, entertainment business and bring tens of thousands of jobs to the San Fernando Valley.

The commission voted unanimously to recommend the so-called Evolution plan despite the objection of Los Angeles River advocates who requested a riverfront bike path.

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Workers give up in Los Angeles

NEW YORK (CNNMoney) -- The unemployment rate has been falling lately in Los Angeles County, but not for the right reasons. Last month, the jobless rate for the county fell to 11%, down from 12.4% a year earlier. While that's far higher than the 8.1% unemployment rate for the nation as a whole, it nevertheless seems to show progress for the City of Angels... right?

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Northrop to shed nearly 600 jobs

Responding to proposed Pentagon budget cuts, Northrop accepts buyout

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Attorney warns that lawsuit could 'kill' downtown NFL stadium

A lawyer with a high-profile environmental group warned Thursday a lawsuit recently filed by anti-poverty activists could kill the $1.2-billion NFL stadium planned for downtown Los Angeles.

Appearing before a council committee examining the stadium project, Natural Resources Defense Council senior attorney David Pettit said he wants to see talks resume between stadium developer AEG and the Play Fair at Farmers Field Coalition, a group of environmentalists and anti-poverty activists that filed the lawsuit.

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U.S. income gap between rich, poor hits new high

WASHINGTON — The U.S. poverty rate leveled off last year for the first time since the Great Recession, but...

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Angelenos react to the jobs report

The latest snapshot of the U.S. employment picture is sparking conversation among Americans worried about the current economic climate and how it might affect the presidential race.

The disappointing jobs report is one of the last three to be released before November's presidential election, and the findings usually shape political speeches and reinforce platforms. People taking a break from their busy Friday in downtown Los Angeles had diverse opinions about the data, but many agreed a turnaround would take longer than a couple of months.

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For many Californians, Labor Day is still a day without a job

As we head into a holiday weekend that celebrates work, many Californians are still struggling to find it.

While California is creating jobs at a faster rate than the rest of the country, the state's July unemployment rate of 10.7 percent is still one of the highest in the country. In the year ending in July, the Golden State added 365,000 non-farm jobs — but Kimberly Ritter-Martinez, economist with the Los Angeles County Economic Development Corporation, says that’s because during the recession, California lost about a million jobs.

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LAX operations pump $40 billion into Southern California economy

Los Angeles International Airport helped pump $39.7 billion into the Southern California economy last year, and that number is expected to grow in the next few years as the airport expands, according to a new report.

The report by the Los Angeles County Economic Development Corp. found that LAX's operations in 2011 supported more than 294,000 jobs and pumped billions of dollars from new construction and airport payrolls, nearby LAX-related businesses and tourist spending into Los Angeles, Orange, Ventura, Riverside and San Bernardino counties.

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Subway Line Meets an Obstruction: Beverly Hills High School

BEVERLY HILLS, Calif. — The Subway to the Sea, a train that would tunnel more than 15 miles from downtown Los Angeles to the Pacific Ocean, has encountered no shortage of obstacles over the years: from how to pay for it to skepticism about a huge mass transit project in a region that once ripped out trolley car tracks to make way for automobiles.

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Villaraigosa Praises Transportation Bill Expected to Accelerate L.A. Projects

Los Angeles Mayor Antonio Villaraigosa celebrated the passage of a large federal transportation bill that could expedite several major transportation projects and create many jobs in Los Angeles County in a press conference with Sen. Barbara Boxer near the 405 Freeway on Thursday.

“Today we celebrate this commonsense investment in America’s future,” Villaraigosa said in a statement. “The Surface Transportation Bill will put 3 million Americans back to work building our country’s transportation backbone.”

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Beverly Hills, Let the Subway Go

There's an excellent fable I just made up about a swan and her baby swans. The swan loves her baby swans very much and protects them from all bad things, like climate change, mercury poisoning and the unctuous worm. But this worm isn't your everyday unctuous worm: It's a magical unctuous worm that promises unlimited transportation for the swan's family and friends and neighbors and housekeeper to anywhere in all the biome for eternity. The catch is that the swan must give her consent to the unctuous worm's digging 20 feet beneath her nest, which he will do regardless of her opinion.

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