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Businesses that rely on goods imported from India are preparing for a 25% tariff to take effect as President Trump’s trade war with once-strong trade partners continues.
The number of people reporting to work in the private sector in California has decreased by 3.1% — a downturn only recently matched by the COVID-19 lockdown.
Nella McOske, head of the Central City Assn. talks about struggling downtown businesses.
Retail giant Nordstrom is closing its sprawling Santa Monica Place store as it restructures its network to try to better target customers who have moved to online shopping.
As ICE agents raided L.A. workplaces, triggering violent protests in parts of downtown, Chamber of Commerce leader Maria S. Salinas chose to speak out.
At Home, the home goods retailer, has filed for Chapter 11 bankruptcy protection and announced the closure of 26 stores, as it tries to recover from a slowdown in sales and the impacts of inflation and tariffs.
About 45,000 grocery workers have authorized a strike at Ralphs, Albertsons, Vons and Pavilions stores in Southern California to protest unfair labor practices.
The Los Angeles Area Chamber of Commerce took the federal government to task over its handling of the controversial immigration raids in Los Angeles.
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade.
