News about business and the economy from a wide variety of sources. (Click on the headlines to access the entire story from the original source.) From the Los Angeles Times: Obama proposes strong new regulations on banks Obama essentially seeks to return to rules, repealed in 1999, that prevented bank holding companies from owning both [...]
Entries Tagged as 'taxes'
This week’s leading indicators
January 17th, 2010 · No Comments · News and Information, Opinion, recession, Uncategorized
Tags:business·business growth·California·California government·Governor Schwarzenegger·Pasadena Chamber·recession·stimulus·taxes·unemployment
Pasadena's General Plan revision process deserves attention
November 28th, 2009 · No Comments · News and Information, Opinion, Pasadena, Pasadena Chamber of Commerce, Pasadena Economy, Pasadena General Plan, Uncategorized
A story in today’s Pasadena Star-News illustrates why EVERYONE needs to be involved in the revision of Pasadena’s General Plan. The story purports to explain that Pasadena’s citizenry are “fed up” with dense development. More accurate would be to say that a few citizens interviewed for the story, certainly not a representative group, want less [...]
Tags:business·business growth·development·economy·General Plan·growth·Pasadena business·Pasadena Chamber·taxes
Another voice seeking Constitutional Convention for California
September 7th, 2009 · No Comments · California government, economy, government reform, News and Information, Opinion, Uncategorized
The Star-News’ Larry Wilson came out in favor of examining the state constitution at a Constitutional Convention: Larry Wilson: Time to focus on reform of state’s constitution It’s hard in the midst of a murderous natural disaster to focus on other problems and opportunities. Last week, in the smoke, it was hard to focus [...]
Tags:business·business growth·California government·constitutional convention·economy·Governor Schwarzenegger·reform·taxes
East Coast trip – my own leading indicators
September 7th, 2009 · No Comments · economy, News and Information, Opinion, Uncategorized
Our family spent the last week on the east coast. We flew into New York, spent a night there, then took Courtney to college and spent a few days rambling around New England and New York state before going back to the city for a few nights. It was interesting to see how the economy [...]
Even sex is having a hard time in this economy
August 17th, 2009 · No Comments · economy, News and Information
It’s a tough market out there when even sexy (and sex related) business have to cut back or search for broader markets. From the Los Angeles Business Journal: Posted date: 8/17/2009 Sex Doesn’t Sell Frederick’s tones down to get on mass-market racks. By DAVID HALDANE Los Angeles Business Journal Staff Linda LoRe, president of Frederick’s [...]
Tags:business·business growth·California·Governor Schwarzenegger·LA Business Journal·lingerie·local·porn·recession·sex·stimulus·taxes
Some indicators
August 16th, 2009 · No Comments · economy, News and Information, recession
LA Times reports trouble at the ports: not enough coming in or going out. Reports say to expect it to take four years for port activity to completely recover. Grim forecast for L.A. and Long Beach ports The busiest U.S. seaport complex won’t fully recover from the economic downturn until 2013, a report says. Imports [...]
Tags:business·business growth·Chamber of Commerce·economy·Governor Schwarzenegger·L.A. Times·London Times·Pasadena business·Pasadena Star-News·recession·small business·stimulus·taxes
Economic mixed signals again, should we be surprised?
July 27th, 2009 · No Comments · News and Information, Opinion, Uncategorized
From the Los Angeles Times: Stocks waver amid mixed signals on the economy Associated Press 8:37 AM PDT, July 27, 2009 NEW YORK — Mixed reports on the economy and earnings left the stock market drifting lower today, easing off of a two-week rally that lifted major indexes 11 percent. A government report showing sales [...]
Tags:Bernanke·business·business growth·Chamber of Commerce·economic indicators·economy·Geithner·home sales·mortgage crisis·Pasadena business·Pasadena Chamber·recession·stimulus·stocks·taxes·technology
Budget deal struck for California
July 21st, 2009 · No Comments · News and Information, Opinion, policy
News reports indicate that yesterday our legislative leaders and governor came to agreement on a budget deal. Indications are it could be voted on by the Assembly on Thursday. Some high points: No big tax increases. The budget depends on deep program cuts. Local governments would lose billions, both in transportation funding and redevelopment monies. [...]
Tags:business·business growth·economy·Governor Schwarzenegger·Pasadena business·recession·stimulus·taxes
California's run out of time
July 4th, 2009 · No Comments · News and Information, Opinion, policy
As of Wednesday, state Controller John Chiang began issuing warrants to cover some of California’s financial obligations. So far, it’s primarily just hurting those who were getting tax refunds. The longer the legislature and governor dither over this, the more obligations California cannot pay and the higher the cost to repay becomes, further building on [...]
Tags:budget·business·California·economy·fiscal responsility·Governor Schwarzenegger·IOUs·recession·responsible government·taxes·wararnts
Pasadena Chamber of Commerce Board Position on Water Increases
May 30th, 2009 · No Comments · News and Information, Opinion, Pasadena Chamber Policies, resources, water
On Tuesday afternoon, May 26th, the Board of Directors of the Pasadena Chamber of Commerce considered the cost increases proposed by the Pasadena Water Department to stabilize the department’s financial position. Rate increases proposed will increase the cost of water by between 10% and 30% for most customers. While higher usage is charged more, there [...]
Tags:business·business growth·Chamber of Commerce·economy·Pasadena business·Pasadena Chamber·rate hike·resources·taxes·water