Global Insights Local Impact
Gene Seroka has been executive director of the Port of Los Angeles since 2014. The seaport moves more cargo containers than any other in the nation. It has handled as many as 10 million containers in a year. Minus holidays, that works out to about 29,000 a day. Any one of them could hold 48,000
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MoviePass, the infamous cinema subscription service that crashed and burned in 2020, has secured a new investor amid an ambitious comeback attempt. The New York-based company announced Thursday that it had landed an investment from Forecast Labs, a venture group owned by Comcast. MoviePass did not disclose the amount invested or other financial terms. The
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In a surprisingly strong economic report, California employers stepped up their hiring in May and the statewide unemployment rate dropped for the first time since the summer of 2022, the government reported Friday. Employers in the state added 43,700 jobs last month across a broad spectrum of industries, breaking from the recent pattern of lagging
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The former Ace Hotel in downtown Los Angeles, which helped lead an economic revival on a historic stretch of Broadway a decade ago, has reopened as a minimal-service operation akin to Airbnb, following a strategy that has become increasingly common for struggling hotels in recent years. Now called Stile Downtown Los Angeles by Kasa, the
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Artificial intelligence is “exciting,” but guardrails must be put in place to protect labor, intellectual property and ethics, NBCUniversal Studio Group Chairman Donna Langley said Friday at an entertainment industry law conference. During a wide-ranging, on-stage conversation at the UCLA Entertainment Symposium, the media chief emphasized that first, “the labor piece of it has to
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For more than a decade, with only a few interruptions, Apple held the title of the world’s most valuable company, becoming the first to top $3 trillion in market capitalization — mostly due to the iPhone, a device millions of investors use daily. Recently, Apple was overtaken by Microsoft, and this week there was briefly
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Relief is on the horizon for California fast-food workers operating hot kitchen appliances, logistics workers in vast inland warehouses that lack cooling equipment and others laboring in hot indoor settings as a state agency Thursday approved new workplace protections against excessive heat. A standards board at the California Division of Occupational Safety and Health voted
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Thursday marks the beginning of summer, but early wildfires have already scorched the outskirts of L.A. and the Bay Area. Many California homeowners find themselves more vulnerable than ever as major insurers abandon areas threatened by climate change-fueled fires. Gov. Gavin Newsom and state Insurance Commissioner Ricardo Lara have responded with efforts to ease regulations
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Six Republican governors in the Deep South want their constituents to know that they’re looking out for them. That’s why they issued a joint statement earlier this year condemning the organizing campaign launched by the United Auto Workers at auto plants across the region. “As governors, we have a responsibility to our constituents to speak
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Will Packer knows that diversity in movies is good business. The producer has become a standout in Hollywood, making films with mostly Black casts that cater to an underserved audience — and that audience has rewarded him for it. His 2017 film “Girls Trip,” starring Tiffany Haddish, Regina Hall, Queen Latifah and Jada Pinkett Smith,
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