Southern California drops another 37,149 residents as pace of population loss slows – Daily News

Southern California lost 37,149 residents in the past year, a drop one-third of what was seen in the previous two years. The six-county region had 21.7 million residents, according to the state Department of Finance tally as of July 1. The past year’s population decline was 68% less than the average 115,187 yearly loss in … Read more

Workers at Southern California hotels walk off job as others reach accord – Daily News

Southern California’s massive hotel strike reignited Sunday, Dec. 17 as hundreds of workers from Santa Monica, Los Angeles and Pasadena walked off the job for higher wages and better working conditions. The walkout continued Monday at the Pasadena Hilton, Courtyard Santa Monica, Doubletree Los  Angeles, Doubletree San Pedro, Hampton Inn Santa Monica and Holiday Inn … Read more

California Realtor groups hit with copycat commission rates lawsuit – Daily News

Five weeks after a Missouri jury issued a $1.78 billion judgment finding that Realtors charge anticompetitive commission rates, a “copycat” lawsuit has been filed in the Bay Area making similar claims. A Marin County home seller filed the antitrust complaint in federal court this month seeking unspecified damages from the National Association of Realtors, several … Read more

Southern California’s $1.6 trillion economy bigger than 18 states combined – Daily News

I often forget the sheer size of the Southern California economy. My trusty spreadsheet — filled with the federal government’s annual accounting of gross domestic product by county — says the six-county region produced $1.57 trillion worth of goods in services in 2022. Now 13-digit numbers are hard to fathom. So let’s add some perspective … Read more

LAX holiday travel crunch begins. TSA urges preparation, patience – Daily News

LOS ANGELES — With Friday, Dec. 15, marking the official beginning of the holiday travel season, federal transportation officials are urging people heading to airports to plan ahead, arrive early and bring a dose of patience. Transportation Security Administration officials said they expect to screen more than 1.9 million passengers at Los Angeles International Airport … Read more

Four LA council members don’t like Metro’s digital billboard plan, but that’s not enough to stop it – Daily News

LOS ANGELES — The City Council approved a plan Friday for the installation of about 80 digital billboards on properties owned by Metro throughout the city. Council members voted 10-4 to amend city law to establish the Transportation Communication Network, a Metro program that will establish a network of transportation communication structures and digital displays … Read more

‘Very slow growth. No recession’ – Daily News

James L. Doti, Chapman University President Emeritus and Professor of Economics, speaks during the 2023 Economic and Business Review, an economic forecast for Orange County, California and the U.S., at Chapman University on Thursday, June 22, 2023 in Orange. (Photo by Mark Rightmire, Orange County Register/SCNG) Chapman University economist James Doti expected a dour 2023: … Read more

Four more hotels reach tentative labor agreements with Unite Here – Daily News

The Beverly Hilton, Costa Mesa Hilton, Anahiem Hilton and Waldorf Astoria in Beverly Hills are the latest hotels to reach tentative labor agreements with Unite Here Local 11 as a five-month strike involving 15,000 Southland hotel workers drags on. The agreements reached over the weekend place the Hilton alongside the Biltmore Los Angeles, Westin Bonaventure … Read more

California drivers face delays, higher rates – Daily News

If you’re having trouble finding affordable car insurance, you’re not alone. Drivers across California say they’re having to wait longer than usual to get coverage — and when they finally find an insurer and a plan, they’re having to pay their premiums up front. “Something is definitely not right,” said Willis Lai, a 36-year-old driver … Read more

How a new federal law will affect more than 30 million small US businesses – Daily News

On Jan. 1, 2024, a new federal law comes into effect, requiring more than 30 million small and medium-sized businesses to report ownership information to the federal government. The law is far-reaching and may affect you in unexpected ways. Failure to timely file the report could result in fines of $500 per day, up to … Read more