Nestle’s Move Hard to Swallow

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

It’s been a month since Nestle USA announced it was moving out of Glendale, and still it bothers me. Why? It occurred to me that Nestle’s publicly announced reason for moving to the Virginia suburbs of Washington, D.C. – to be nearer its vendors, factories and the like – doesn’t ring quite right. Oh, sure, […]

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Why California’s Dams are Breaking

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

Here’s a study you may find interesting: Among all states, California spends the lowest percent of its budget on infrastructure, according to a report last year from the Center for Budget and Policy Priorities. The Golden State invested only 3.3 percent of its budget in 2013 on infrastructure, one of only three states that spent […]

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Those Proliferating Pensions

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

California is enjoying a remarkable economic turnaround. Job creation is up, the unemployment rate is down and elected officials are getting raw hands from all the back patting they’re doing. But there’s one problem a lot of folks are overlooking: Generous public-sector pensions up and down the state remain hugely underfunded. It’s an immense and […]

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Breaking Up: Is it Really That Hard to Do?

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

In the past, whenever I came across an article in which someone boosted the notion of secession, it elicited a chuckle from me. Boy, that’s out there, I thought. But now, I’m not sure a majority of Californians would vote to stay in a country led by Donald Trump. In fact, a nascent petition drive […]

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Escaping L.A.’s High Cost of Doing Business

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

The Santa Clarita Valley along with cities in the Antelope and Conejo valleys often market themselves as a kind of low-cost alternative. A business in those places can enjoy the benefits of being in the Los Angeles area but evade many of the high costs associated with the L.A. basin. In case anyone was wondering, […]

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There is Integrity in That LA Initiative

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

Is the so-called Neighborhood Integrity Initiative really something to be feared? I think it could be a great advancement for the city of Los Angeles. But business people seem to view the possibility that it will pass in the March 7 election with much the same kind of dread that 14th century Europeans looked upon […]

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LA City Attorney Fails to Make Case with Business Community

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

Mike Feuer had a nice chance to buff up his somewhat-tarnished relationship with the local business community a couple of weeks ago. Instead, he blew it. Feuer, the Los Angeles city attorney who seems more eager to sue businesses than help them, came out to the Van Nuys offices of the Valley Industry and Commerce […]

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The Incredible Shrinking Public Co.

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

Congress claimed it was sticking it to the fat cats 14 years ago when it passed a raft of laws regulating public stocks. But you know how these things work: Exactly the opposite happened. The cats got fatter. The rest of us? We got scrawnier. And those laws continue to hurt us, even here in […]

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Coast Not Entirely Clear at Ports

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

Some good news came out of the ports last week. During an on-stage meeting in Long Beach, the president of the International Longshore and Warehouse Union – representing labor – and the president of the Pacific Maritime Association – representing shipping lines and terminal operators and, therefore, management – surprised the crowd when both expressed […]

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Arrested Development?

Charles Crumpley
Editor and Publisher of the San Fernando Valley Business Journal

When we reflect on the remarkable revival and development that’s occurred in such places as Downtown Los Angeles, Hollywood and Venice in recent years, we seldom think of this: Dramatically lower crime rates made that gentrification possible. If you’re younger than, say, 35, you probably don’t remember the so-called crack epidemic. That’s when urban areas […]

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