The Business Perspective

Thank You President Obama

Gary Toebben on February 24, 2015 at 9:00:00 am in The Business Perspective 
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The Los Angeles business community is relieved and appreciative that a new labor contract has been agreed to at our west coast ports. We thank President Obama and Secretary Perez for stepping in to mediate a solution.

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Join Us in Washington, D.C. on March 16-18

Gary Toebben on February 17, 2015 at 10:00:00 am in The Business Perspective 
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Congress and the White House have been in the news this past week as we finally saw a bi-partisan outreach from Washington, D.C. to the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) urging a speedy conclusion to labor negotiations that began nine months ago. The lack of a contract is crippling businesses and employees who work at the ports and industries that rely on the ports.

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Taft-Hartley Act an Option for Ports Labor Dispute

Gary Toebben on February 10, 2015 at 9:00:00 am in The Business Perspective 
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For nine months, negotiators for the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) have been unsuccessful in crafting a labor agreement to replace the contract that ended on July 1, 2014.  The PMA represents the shippers that use the West Coast ports of the United States to import and export products. The ILWU represents 20,000 longshoremen that work the ports. 

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City of L.A. To Reduce Top Rate of Gross Receipts Tax

Gary Toebben on February 3, 2015 at 7:00:00 am in The Business Perspective 
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Today, the Los Angeles City Council will vote to reduce the top rate of the City’s Gross Receipts Tax. The action will lower the top rate from $5.07 per $1,000 in gross receipts to $4.75 on Jan. 1, 2016, $4.50 on Jan. 1, 2017 and $4.25 on Jan. 1, 2018.  The proposal was developed by Mayor Eric Garcetti, City Council President Herb Wesson and Budget Committee Chair Paul Krekorian. 

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Celebrating Business and Special Olympics World Games

Gary Toebben on January 27, 2015 at 7:00:00 am in The Business Perspective 
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This Thursday, Jan. 29, more than 1,500 Chamber members and guests will celebrate business leadership in the City and County of Los Angeles at the Chamber’s Inaugural Dinner, presented by Bank of America. As part of the program, we will highlight the 7,000 athletes that will visit L.A. this summer for the Special Olympics World Games that will begin on July 25 at the Coliseum. 

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Playa Vista ó A Lesson in Leadership and Perseverance

Gary Toebben on January 20, 2015 at 9:00:00 am in The Business Perspective 
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This past week, Mayor Eric Garcetti and the City of Los Angeles celebrated the news that Yahoo! Inc. signed a long-term lease at the Collective Campus in Playa Vista. Playa Vista has emerged as a national model for urban living and high tech jobs, but turning back the clock, Playa Vista almost never happened.     

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Letís Move Forward on the Sale of Ontario International Airport

Gary Toebben on January 13, 2015 at 8:00:00 am in The Business Perspective 
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The Los Angeles Area Chamber of Commerce agrees with Mayor Garcetti that the City of Los Angeles should sell Ontario International Airport (ONT). The business community believes that there is no strategic reason for the City of L.A. to continue to own and operate ONT, as long as the City of Ontario, or some other appropriate entity, continues to operate the facility as a commercial service airport for our region.

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Happy New Year - Hereís What A Great 2015 Would Look Like

Gary Toebben on January 6, 2015 at 8:00:00 am in The Business Perspective 
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Most economists predict that 2015 will be a better year than 2014. That’s good, but my question is “What would make 2015 a great year for Los Angeles County?” What would dramatically contribute to the growth of our regional economy and cause a significant reduction in our unemployment rate?

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LAWA Gives Region A Christmas Present For The Decades

Gary Toebben on December 23, 2014 at 8:00:00 am in The Business Perspective 
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Last week the Los Angeles Board of Airport Commissioners approved a $4 billion plan to dramatically transform LAX's ground transportation, and arrival and departure experience. The commissioners approved plans for a Landside Access Modernization Program that will include an automated LAX Train to connect passengers to the airline terminals from off site locations. 

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Bidding for the 2024 Olympics

Gary Toebben on December 15, 2014 at 11:59:00 pm in The Business Perspective 
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Today, Mayor Eric Garcetti and a small delegation from Los Angeles are in Redwood City, California for a presentation before the U.S. Olympic Committee (USOC). The Mayor and his point person on this bid, Casey Wasserman, will have 45 minutes to make the case for L.A. and Southern California to host the 2024 Olympics. The other cities that have been invited to bid are Boston, Washington, D.C. and San Francisco.

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