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CALIFORNIA | LOCAL
November 4, 1990
Inglewood officials Friday named a former Los Angeles County development specialist, Jesse J. Lewis, as the city's new director of development. Lewis, who will begin the new post Dec. 3, will help create new development projects. He will also head the city's efforts to redevelop areas under the flight path of Los Angeles International Airport and to build low- and moderate-income housing, city officials said.
ARTICLES BY DATE
BUSINESS
June 29, 2011 | By Richard Verrier, Los Angeles Times
California's film tax credit program is giving taxpayers a bang for their buck. So says a newly released study by the Los Angeles County Economic Development Corp., which shows the state's tax credit program pumped $3.8 billion into the California economy and created more than 20,000 jobs in the last two years. Based on an analysis of expenditures from nine projects that received film tax credits from the state in the first two years of the program, the LAEDC found that for each tax dollar allocated, the local and state governments get back at least $1.13 in tax revenue and the total gross domestic product in the state increases $8.48.
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CALIFORNIA | LOCAL
July 24, 1993
Metropolitan Transportation Authority officials won a concession from a Wilshire-district developer who was given a controversial $1-million loan. Developer Wayne Ratkovich has agreed not to sue the transit agency for any building damage or financial losses at the Wiltern Theatre and an adjoining office complex that are caused by the construction of the Red Line subway. After Ratkovich threatened to sue the MTA in June, the agency voted to approve separate loans of $300,000 and $1 million.
BUSINESS
February 16, 2011 | By Alana Semuels, Los Angeles Times
Film and television production in Los Angeles could help rouse the area from its economic stupor, although growth will be slow this year and next, according to a forecast scheduled to be released Wednesday by the Los Angeles County Economic Development Corp. "We're looking at an economy that is poised to start to growing again in 2011," said Nancy Sidhu, chief economist of the LAEDC. The motion picture and TV production sector added 16,500 jobs in 2010, becoming one of the fastest-growing employment sectors, according to the forecast.
CALIFORNIA | LOCAL
March 14, 2000 | ANDREW BLANKSTEIN, TIMES STAFF WRITER
Walt Disney Co.'s planned Grand Central Creative Campus in Glendale will eventually employ 10,000 workers and include 3.6 million square feet of offices, sound stages and studio production facilities, according to interviews and documents filed with the city of Glendale. In announcing the development in September, Walt Disney Imagineering executives declined to disclose the project size, the number of employees or the dollar value.
BUSINESS
June 15, 2010 | By Alana Semuels, Los Angeles Times
Jack Kyser, the ever-quotable dean of Southern California economists, is retiring from the Los Angeles County Economic Development Corp. after decades of postulating about the many diverse sectors that make up the California economy. Although he's leaving during one of the worst economic downturns the region has ever seen, Kyser, 76, says he is optimistic about the future of Southern California. "Los Angeles' best days are still ahead of it — if we manage the economy effectively," said Kyser, founding economist at the LAEDC, which was created to attract and retain jobs in the region.
BUSINESS
February 25, 2010 | By Richard Verrier
Nancy D. Sidhu is chief economist for the Los Angeles County Economic Development Corp., a private research and business development group that prepares economic forecasts of national, regional and local business trends. A former economics professor and corporate planner with Inland Steel Industries in Chicago, Sidhu moved to California in 1987 from the Midwest, first to work at Toyota Motor Sales before joining Bank of America as a senior economist. Sidhu joined the LAEDC in 2000 and eight years later succeeded longtime forecaster Jack Kyser, now the group's founding economist.
BUSINESS
February 16, 2011 | By Alana Semuels, Los Angeles Times
Film and television production in Los Angeles could help rouse the area from its economic stupor, although growth will be slow this year and next, according to a forecast scheduled to be released Wednesday by the Los Angeles County Economic Development Corp. "We're looking at an economy that is poised to start to growing again in 2011," said Nancy Sidhu, chief economist of the LAEDC. The motion picture and TV production sector added 16,500 jobs in 2010, becoming one of the fastest-growing employment sectors, according to the forecast.
BUSINESS
June 29, 2011 | By Richard Verrier, Los Angeles Times
California's film tax credit program is giving taxpayers a bang for their buck. So says a newly released study by the Los Angeles County Economic Development Corp., which shows the state's tax credit program pumped $3.8 billion into the California economy and created more than 20,000 jobs in the last two years. Based on an analysis of expenditures from nine projects that received film tax credits from the state in the first two years of the program, the LAEDC found that for each tax dollar allocated, the local and state governments get back at least $1.13 in tax revenue and the total gross domestic product in the state increases $8.48.
BUSINESS
September 16, 2009 | Alana Semuels and Ronald D. White
Signs are increasing that an economic turnaround has begun in Southern California, even as residents and businesses continue to struggle in the worst downturn in decades. The state's exports are growing as overseas consumers, especially those in Asia, are demanding computers, electronics and agricultural products from California. Tourists are starting to return to the region's hotels and beaches. And home prices appear to be stabilizing in some of the Southland's hardest-hit markets.
BUSINESS
June 15, 2010 | By Alana Semuels, Los Angeles Times
Jack Kyser, the ever-quotable dean of Southern California economists, is retiring from the Los Angeles County Economic Development Corp. after decades of postulating about the many diverse sectors that make up the California economy. Although he's leaving during one of the worst economic downturns the region has ever seen, Kyser, 76, says he is optimistic about the future of Southern California. "Los Angeles' best days are still ahead of it — if we manage the economy effectively," said Kyser, founding economist at the LAEDC, which was created to attract and retain jobs in the region.
BUSINESS
February 25, 2010 | By Richard Verrier
Nancy D. Sidhu is chief economist for the Los Angeles County Economic Development Corp., a private research and business development group that prepares economic forecasts of national, regional and local business trends. A former economics professor and corporate planner with Inland Steel Industries in Chicago, Sidhu moved to California in 1987 from the Midwest, first to work at Toyota Motor Sales before joining Bank of America as a senior economist. Sidhu joined the LAEDC in 2000 and eight years later succeeded longtime forecaster Jack Kyser, now the group's founding economist.
CALIFORNIA | LOCAL
July 24, 1993
Metropolitan Transportation Authority officials won a concession from a Wilshire-district developer who was given a controversial $1-million loan. Developer Wayne Ratkovich has agreed not to sue the transit agency for any building damage or financial losses at the Wiltern Theatre and an adjoining office complex that are caused by the construction of the Red Line subway. After Ratkovich threatened to sue the MTA in June, the agency voted to approve separate loans of $300,000 and $1 million.
CALIFORNIA | LOCAL
November 4, 1990
Inglewood officials Friday named a former Los Angeles County development specialist, Jesse J. Lewis, as the city's new director of development. Lewis, who will begin the new post Dec. 3, will help create new development projects. He will also head the city's efforts to redevelop areas under the flight path of Los Angeles International Airport and to build low- and moderate-income housing, city officials said.
BUSINESS
January 2, 2009 | Claudia Eller and Richard Verrier
There is no Hollywood ending in sight in 2009 for the entertainment industry, which along with the rest of the nation is experiencing its worst economic slump in decades. The fallout from declining local TV ad revenue, weakening DVD sales and diminishing sources of film financing will continue to pound Los Angeles' signature industry, which employs more than 200,000 people and pumps an estimated $20 billion to $30 billion into the local economy.
BUSINESS
July 8, 2009 | Ronald D. White
Trade at international ports is on track to drop more than 10% this year, one of the steepest declines ever, according to a new maritime industry report. Cargo ships will carry 27 million fewer containers by year's end than they did in 2008 -- a reduction roughly equivalent to all of the cargo containers handled by the five busiest U.S. seaports in a typical year, according to London-based Drewry Shipping Consultants' Container Forecaster Report. "There has never been a decline like this before.
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