Los Angeles Business Web News

PNC Bank is leasing space at City National Bank Plaza for a new downtown LA office opening in December — a bet on downtown’s slow office-market recovery.

Santa Clarita approved a $40,000 shop-local campaign, a 715-foot art wall, and expanded Main Street events to help Old Town Newhall businesses recover from the Aug. 24 fire that gutted part of the block.

Whole Foods Market is opening its largest Los Angeles store yet on November 11 — a 63,000-square-foot Fairfax-area flagship stocked with hundreds of local suppliers and new backing for small LA food brands.

A new state law cracks down on predatory small-business financing after regulators found Los Angeles-area merchant cash advances carrying interest rates as high as 358%, with Assembly leaders briefing Santa Clarita business owners on the changes.

Fore Women, a 117-year-old LA nonprofit formerly known as NCJW Los Angeles, opened its eighth thrift store in North Hollywood, pairing secondhand shopping with hands-on job training for local women.

The U.S. Economic Development Administration awarded Long Beach $750,000 to expand its low-interest Revolving Loan Fund programs, giving local entrepreneurs easier access to financing for equipment, expansion, and job creation.