Los Angeles city coffers have been battered by coronavirus business closures. And with stimulus talks going nowhere, the future looks bleak.
Mayor Eric Garcetti and Los Angeles labor leaders have reached an agreement to delay 15,000 worker furloughs which would have represented a pay cut of 10%.
Disney's announcement that it will lay off about 28,000 employees from its Parks, Experiences and Products division has sent shock waves through Orange County.
Just 46% of San Francisco storefronts were able to survive the pandemic. That’s according to a recent survey conducted by the San Francisco Chamber of Commerce.
With sales tax revenues plunging, many cities are taking a second look at legalized cannabis as a revenue enhancer.
State and local governments are hemorrhaging jobs and it’s not clear when, or if, more federal relief will come.
