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20000 Year

BUSINESS
November 3, 2013 | By Donie Vanitzian
Question: Our board directors found the lowest earthquake insurance premium is with a 20% deductible, costing our homeowner association about $20,000 annually; they voted against raising monthly dues to cover it. Our 20 units in a four-level, zero-lot-line Los Angeles complex average $650,000 per unit and the structural integrity of the building is at greater risk because of our subterranean parking. Directors argue we've got over $150,000 in reserves and around $350,000 in combined money market and certificate of deposit accounts.
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CALIFORNIA | LOCAL
March 21, 2014 | By James Rainey
A string of actions by state officials and the National Labor Relations Board has strengthened the hand of truck drivers who say they need union representation to improve pay and working conditions for the thousands who transport cargo out of the ports of Los Angeles and Long Beach. In a settlement this week, one major trucking company agreed to post notices acknowledging the workers' right to organize - not previously a given because drivers were treated as contract workers, who are not subject to unionization.
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