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Los Angeles business news

Joan Crawford Estate Auction sets multiple records and raises the bar

Once again, a high profile auction by a premiere auction house has sold out as bidders competed with offers far over estimate. The new records are...
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Apple 3D display is groundbreaking according to insider

Apple is working on a glasses-free 3D display that—according to an insider—will reinvent the way consumers perceive 3D. This was...
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Fundraiser success at LA Live

A weeknight fundraiser held at LA Live raised up to $115,000 for Children’s Bureau, a Los Angeles-based non-profit organization that provides...
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SoCal Edison jobs in India part of global economy

Southern California Edison utilizes about 1,000 people in India related to IT programming, systems design and testing of code.The president of...
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Demolition phase starts for new medical city in Riverside

Governor Schwarzenegger spoke at the demolition for what is billed as the “first medical city in the world” on property once belonging...
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Jobs growth in Los Angeles with California High Speed Rail

California High Speed Rail can create up to 55,000 jobs say proponents with 10,000 of those jobs created in the Los Angeles area alone. A proposed...
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LAX flights to Europe remain delayed

Los Angeles International Airport is one of the many airports grappling with flight delays due to the volcanic ash spewing from Iceland.A friend of...
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Tesla closer to finalizing lease in Downey

Car manufacturing company Tesla is in final stages of negotiating its lease at Downey Studios while the city has approved an incentive package.The...
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California's unemployment rate remains well above national average

California is one of six states and Puerto Rico to have unemployment above 12 percent. Meanwhile, three plains states lead the nation: North Dakota...
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Fewer businesses in Los Angeles expect to layoff employees in 2010

Presenters to the Los Angeles Chamber of Commerce Small Business Owners Roundtable say fewer businesses expect layoffs in 2010. Yet, hiring is...
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