The automaker posted a net profit of $1.38 billion, or 81 cents per share, from July through September.
The state’s independent budget analyst predicted Friday that California will collect $2.5 billion more than Gov. Jerry Brown forecasts for the coming fiscal year, giving Democrats a reason to push spending.
Construction work along Pacific Coast Highway in Santa Monica is being blamed by some local businesses for a steep drop in revenue.
Approximately 18.5 million people attended area sports events last year, ranging from major league sports like baseball and basketball, to the L.A. Marathon.
Gov. Jerry Brown and the Legislature’s Democratic leaders moved close to a state budget deal Monday that is expected to revamp education funding and begin restoring some of the social services cut during the recession.
The Los Angeles City Council on Tuesday tentatively voted to place a proposed sales tax increase before voters next year.
The Los Angeles City Council will consider several tax measures Wednesday, including a motion to ask voters to raise the city’s sales tax by one-half percent.
The mayor of San Bernardino on Wednesday blamed the city’s bankruptcy filing on an economic “perfect storm” as officials warned of widespread budget cuts.
The city manager of Stanton says drastic reductions to public services are coming in the face of an annual deficit of over $2.8 million.
Mayor Antonio Villaraigosa wants to lure new car dealers to Los Angeles by eliminating city business taxes for auto dealers.
If you do the time in Riverside County, you better have the dime to pay for it.
The cash-strapped city will continue paying an Arizona contractor to maintain the ticket database for up to six months.
National Basketball Association players plan to meet late Monday in a last-ditch effort to end the league lockout.
Mayor Villaraigosa has recently suggested that the time has come for the idea of a split property tax roll as well as rethinking how to fund at education at all levels.
While many lawmakers expect an estimated $200 million windfall from firms that maintain a “physical presence” in California, former State Senator George Runner is not one of them.