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Anaheim officials to Disney: Let’s talk about hotel subsidy

in News

Surprised by Disney’s decision to halt construction of a planned 700-room luxury hotel, Anaheim officials said Thursday they want to work things out with the company, which is the city’s largest employer and provides the bulk of the city’s tourism revenue. City leaders had promised, via a 2016 agreement, to let Disney keep 70 percent…

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Toyota’s exit from Torrance was taste of things to come for Long Beach

in News

Long Beach’s loss of the long-time sponsor of its signature annual sporting event, the Toyota Grand Prix, was foreshadowed by the announcement in 2014 that the company intended to move its North American headquarters from Torrance to Texas by the end of 2017, taking about 3,000 highly paid jobs with it. Yet while the exit…