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BUSINESS
November 4, 1991 | From Associated Press
Small-business owners are slightly more optimistic about the outlook for their businesses and the economy, Dunn & Bradstreet Corp. said in an annual survey. The survey of 5,000 small businesses found that 61% of the respondents are optimistic about the next 12 to 18 months. Last year, 59% were optimistic, the lowest reading since the 1982 recession.
ARTICLES BY DATE
CALIFORNIA | LOCAL
February 3, 2014 | Sandy Banks
I wasn't in the courtroom, but the verdict last week in the felony trial of state Sen. Roderick Wright makes sense to me. It took the jury less than three days to find Wright guilty of lying about where he lived during his run for state Senate in 2008, when voters elected him to represent a South Bay district that stretched from Westchester to the Palos Verdes Peninsula. State law requires candidates to live in the district they want to represent. Wright provided an Inglewood address - a bedroom in a modest house he'd owned for 25 years and rented to an elderly family friend.
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BUSINESS
October 31, 1992 | SUSAN MOFFAT, TIMES STAFF WRITER
While Gov. Bill Clinton has been able to convert a significant number of lifetime Republicans in the business community, President Bush still appears to hold the lead among large- and small-business people who say they favor his stand on controlling taxes and spending. Fear of uncertainty may also be bringing some business people back into the Bush fold as the campaign comes down to the wire, says N.
BUSINESS
August 21, 2013 | By Andrea Chang
Things got heated Tuesday at a Yelp town hall meeting intended to debunk misconceptions and ease business owners' concerns about the popular reviews site. Since launching nearly a decade ago, Yelp has been subject to endless criticism by business owners who accuse the website of manipulating reviews based on whether the companies fork over advertising dollars. The backlash hasn't prevented Yelp from becoming the premier site for reviews on everything from restaurants to plumbers.
CALIFORNIA | LOCAL
September 28, 1998
Starting a small business is tough enough. Keeping one afloat while turning a profit can be even harder. In an effort to help small business owners in Los Angeles expand their businesses, the Valley Economic Development Center in Van Nuys will offer a free entrepreneurs workshop series in October.
BUSINESS
January 26, 2000 | MARLA DICKERSON, TIMES STAFF WRITER
California Congressman Wally Herger (R-Marysville) said Tuesday that he will draft legislation to change a controversial new tax provision that has some small business owners facing a hefty tax bill when they sell their companies on the installment plan. Herger's bill would restore the ability of sellers who use the accrual method of accounting to spread their tax liability over a number of years as payments are received from the buyer, rather than be taxed upfront on the entire capital gain.
BUSINESS
May 10, 1991 | JANE APPLEGATE
Along with their dreams, small-business owners honored during National Small Business Week brought sparkly magic wands, deluxe beef steaks, high-temperature textiles, Creole seasonings and piles of potato-free Idaho Spud candy. As always, the annual event drew hundreds of entrepreneurs and their families to the capital for purposes of flexing their political muscle, showing off their products and just plain schmoozing.
BUSINESS
January 21, 1994 | PATRICK LEE and DAVID R. OLMOS, TIMES STAFF WRITERS
Il Byun stepped inside his Hollywood Boulevard clothing store Monday morning and could hardly believe his eyes. The earthquake a few hours earlier had jarred ceiling tiles loose, collapsed an interior wall and crumbled a piece of the store's facade into the street. Looters had carted off about $8,000 worth of goods. It was the second major blow to Byun's small business in as many years: His former clothing store in South-Central Los Angeles had burned to the ground during the riots of 1992.
CALIFORNIA | LOCAL
October 24, 2000 | KAREN ROBINSON-JACOBS
Seven years ago, Richard J. Riordan swept into the Los Angeles mayor's office--a multimillionaire businessman schooled in how business works and ready to impart some of those lessons to the crowd at City Hall. Elected with strong backing from the San Fernando Valley, Riordan has long been viewed as "the business mayor" and generally finds a supportive crowd for his annual "State of the Valley" address to the Valley Industry & Commerce Assn.
BUSINESS
September 13, 2012 | By Dalina Castellanos
Surfing Facebook for hours on end isn't just for personal pleasure anymore. About 90% of small businesses are dedicating time to networking online, according to a new survey. Manta, an online forum dedicated to small businesses, surveyed 600 small-business owners nationwide and found that 78% say that using social-networking platforms is just as important as networking in person -- if not more so. “Small businesses understand they need to go where their audience is,” Manta Chief Executive Pamela Springer said Wednesday.
BUSINESS
August 21, 2013 | By Andrea Chang
Yelp Inc. was hoping to debunk misconceptions and ease business owners' concerns about the popular review website. Instead, many small-business owners at the company's town hall meeting in Hollywood on Tuesday slammed the site, venting their frustration at Yelp for aggressive advertising tactics and bogus reviews that they said hurt their businesses. "I have one-star reviews for my diner from people that have never walked into the place. They've never stepped foot, they've never tried the food, but they give me one-star reviews.
BUSINESS
July 19, 2013 | By Adolfo Flores
Half of small businesses said they would cut full-time employee's hours or replace them with part-time workers in order to avoid paying for health insurance under President Obama's healthcare law, according to a recent survey from the U.S. Chamber of Commerce. Despite the Obama Administration's one-year delay of the employer mandate to 2015, small businesses said it would negatively affect their staff, and only 30% said they were prepared for its implementation. Because of the healthcare law, about 27% intend to cut hours to reduce full-time employees, 24% plan to reduce hiring and 23% expect to reduce full-time staffers with part-time workers to avoid having to comply with the mandate.
BUSINESS
June 20, 2013 | By David G. Savage, Los Angeles Times
WASHINGTON - The Supreme Court, in its latest ruling to bar class-action claims against big corporations, blocked restaurant owners from joining together to sue American Express Co. over high credit card fees. In a 5-3 decision Thursday, Justice Antonin Scalia said American Express can use its arbitration agreement to squelch the class-action claim from the restaurants, even if the dominant credit card company is violating antitrust laws and the class suit is the only affordable way to raise the claim.
BUSINESS
June 6, 2013 | By Adolfo Flores
Small businesses added 58,000 employees in May with overall private-sector employment increasing by 135,000, according to the ADP National Employment Report. The number of jobs added is up from 49,000 in April, but down from 72,000 in March. Last May the number of jobs added was about 50,000, ADP said. Establishments with one to 19 employees grew by 37,000 and those with 20 to 49 employees grew by 21,000. Most were in the service sector, according to the report. In Los Angeles, small-business owners were optimistic about the future, according to a report from Bank of America released last week.
CALIFORNIA | LOCAL
June 5, 2013 | By Chris Megerian
SACRAMENTO -- Californians' views on the economy continue to improve despite persistent misgivings about the state's overall direction, according to a new USC Dornsife/Los Angeles Times poll. Forty-nine percent of registered voters said the economy is starting to improve, up 3 percentage points from the last poll in March. Just 26% said they expected the economy to worsen, down three points in the same time period. However, 50% said the state remains on the wrong track. “They might not be satisfied with where the state is right now, but they're increasingly optimistic,” said Dan Schnur, director of the Jesse M. Unruh Institute of Politics at USC. “These voters are not discouraged or distraught like they were a few years ago.” Gov. Jerry Brown is the beneficiary of voters' better view of the economy, Schnur said.
BUSINESS
June 5, 2013 | By Adolfo Flores
More than two-thirds of small businesses believe federal and state laws should prohibit employment discrimination against gay and transgender people, according to a national poll. The survey from the Small Business Majority, a national small business advocacy organization, also found that 63% believe an employer shouldn't be able to fire or refuse to hire someone who is gay, lesbian or transgender if it conflicts with their religious beliefs. Another 6 in 10 small business owners said laws that protect against discrimination can improve their revenues because these kinds of laws help employers attract the best and brightest employees.
BUSINESS
April 9, 2013 | By Jim Puzzanghera
WASHINGTON -- Small-business owners were less optimistic about the economy last month amid signs of another slowdown in the recovery. The Small Business Owner Optimism Index from the National Federal of Independent Business dropped to 89.5 in March, down 1.3 points from the previous month, the group said Tuesday. The measure, based on a random survey of 759 business owners, had risen for three straight months. The average monthly reading has been 90.7 since the end of the Great Recession in mid-2009.
BUSINESS
May 14, 2013 | By Jim Puzzanghera
WASHINGTON -- Small-business owners were more optimistic about the economy in April, but "pessimism abounds" in a sector that is barely growing, the National Federation for Independent Business said Tuesday. The trade group's Index of Small Business Optimism increased 2.6 points to 92.1 last month after dropping in March. The change was driven by higher expectations that the economy will improve, projections of improved sales and more plans to hire new employees. Still, the April figure was barely above the 90.7 monthly average since the end of the Great Recession, and below the 94.5 reading a year earlier.
BUSINESS
May 30, 2013 | By Adolfo Flores
In the last year, more U.S. small businesses were giving employees the boot rather than hiring, a recent survey found. The Wells Fargo/Gallup Small Business Index survey reported a net hiring index of -12 in April, down from -9 for the same period the previous year and down from -10 in January. The quarterly analysis surveyed 603 small business owners. Net hiring has remained at similar levels since January 2011, but is up from the low of -27 reported in January 2010, Dennis Jacobe, Gallup chief economist, said in a statement.
BUSINESS
May 14, 2013 | By Jim Puzzanghera
WASHINGTON -- Small-business owners were more optimistic about the economy in April, but "pessimism abounds" in a sector that is barely growing, the National Federation for Independent Business said Tuesday. The trade group's Index of Small Business Optimism increased 2.6 points to 92.1 last month after dropping in March. The change was driven by higher expectations that the economy will improve, projections of improved sales and more plans to hire new employees. Still, the April figure was barely above the 90.7 monthly average since the end of the Great Recession, and below the 94.5 reading a year earlier.
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