Pension Reform Gaining Traction in LA City
Los Angeles Mayor Antonio Villaraigosa and City Controller Wendy Greuel voiced support today for a plan to scale back pensions for newly hired police officers and firefighters. The proposal is part of a larger effort, that BizFed has long-supported ,to prevent retirement costs from eating away at taxpayer-funded services. Villaraigosa and Greuel held a 10 a.m. news […]
Majestic Realty Launches New Website on Proposed Stadium
Majestic Realty Co. has launched a new website featuring its plans for the San Gabriel Valley based Los Angeles Stadium. Los Angeles Stadium will be the first stadium built specifically for the NFL in California. The website www.losangelesfootballstadium.com includes new videos, renderings and interviews with the Majestic team. The San Gabriel Valley Business Journal has […]
“30/10” Gets Push with Obama
In his third trip to D.C. in a month, Los Angeles Mayor Antonio Villaraigosa met with President Barack Obama at the White House today and made a pitch for more federal funding of local transportation projects. For an update from KABC-Ch 7, click here. Villaraigosa has been seeking congressional support for the "30/10" plan to accelerate the construction […]
NAWBO-LA Releases Results of BizFed-partnered Business Survey
The National Association of Women Business Owners-Los Angeles last week released results of a survey of over 2,000 business owners across Los Angeles County – men and women – assessing their views on the challenges of today’s economy, resources needed to succeed and differences among businesses. Among the findings: Respondents are more optimistic about their own business […]
The Latest on “30/10” Efforts in Washington
Last week, LA City Mayor Antonio Villaraigosa was in D.C. and testified before a Senate panel on the "30/10" initiative to accelerate 30 years of projected L.A.-area transportation projections funded under voter-approved Measure R into the next decade. Federal government help with funding mechanisms are needed to advance the revenues guaranteed under Measure R, and the […]
Desmond Bridge Replacement Gets Final OK – Thousands of Jobs on Tap
It's been a long time coming, but last week Long Beach city leaders approved a $1.1billion port plan to replace the Gerald Desmond Bridge, clearing the way for Long Beach's largest public-works project in decades. Construction on the BizFed-supported project is expected to begin sometime in 2011 and take 5 to 6 years, supporting about 4,000 jobs […]
