News

How serious is L.A. City Hall about layoffs? The messages have been mixed
On paper, Mayor Bass is proposing major layoffs for the city workforce. But in her public remarks, she has downplayed that ...
Warren Buffett’s Berkshire Hathaway is lobbying to change wildfire laws to protect utility companies — here’s why you could end up footing the bill
In January, a wildfire tore through the Los Angeles’ Pacific Palisades neighborhood, burning 23,707 acres, destroying 6,837 ...
S&P lowers city of L.A.’s bond ratings amid budget crisis
The bond rating downgrades came days after Mayor Karen Bass outlined the city’s stark economic situation in her proposed ...
LA County assessor, city council member to talk disaster relief for homeowners
An upcoming resource fair hosted by Jeff Prang and Traci Park is designed to focus on disaster relief programs available to ...
LAist12h
LA mayor issues three executive actions on fire rebuilding. Here's what they mean for you
Mayor Karen Bass' executive actions are intended to streamline the rebuilding process and ease financial pressures for ...
The Bond Buyer17h
Los Angeles gets S&P downgrade on fiscal woes
S&P Global Ratings dropped Los Angeles' ratings and assigned a negative outlook, citing a "weakening financial position and ...
Los Angeles Downgraded to AA- by S&P Due to Budget Woes
Los Angeles had its credit rating downgraded one level to AA- by S&P Global Ratings, which cited the city’s deteriorating ...