The Costa Mesa-based parent company of the Elephant Bar casual dining chain has filed for bankruptcy and is closing 16 restaurants nationwide, officials announced this week.
Oil industry analysts are warning a brewing civil war between Islamic militants in Iraq could potentially send gas prices soaring here in the Southland.
Researchers say California’s drought could cost the state’s agricultural economy $1.7 billion this year and leave more than 14,000 farmworkers without work.
Two Los Angeles city officials took a whirlwind tour of the Warner Center and other surrounding neighborhoods Monday to talk economic revitalization.
A rock-and-roll music legend will be among those on hand Friday for commencement ceremonies at the University of Southern California.
Gov. Jerry Brown is getting ready to update his spending plan for the coming fiscal year, a budget that is bolstered by California’s economic turnaround and voter-approved tax hikes.
Businesses around Staples Center are bracing for a big weekend with four playoff games scheduled in as many days.
The move would be a huge blow to California’s economy.
A research firm says California home foreclosure starts increased from January through March after plunging to an eight-year low in the previous quarter.
The 2020 Commission threw its support behind a minimum wage increase and combining the Ports of Los Angeles and Long Beach to return the region to prosperity.
The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday to its highest amount since last summer, according to industry officials.
California’s unemployment rate decreased to 8.1 percent in January despite the loss of 31,000 jobs statewide, according to figures released Friday.
More than 2.3 million adult children are living with their parents in California, a 63 percent increase since the Great Recession began seven years ago.
When “Tonight Show” host Jay Leno signs off for the final time on Thursday night, hundreds of jobs in the city of Burbank will also be saying goodbye.
City officials are hoping a $20 million shopping center project set to open for business in South Los Angeles will spur the local economy and attract investors.