Thursday | July 1, 2010
     
  IN THIS ISSUE

This Week At The Chamber
Read the latest happenings

Member News
Read good news from Chamber members

Hot Issues
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  COMING UP AT
THE CHAMBER
 
     
  FRI | July 9
Special Briefing: Practical Next Steps for Health Care Reform
Featuring Rep. Lucille Roybal-Allard and more
more info | register

TUE | July 13
Referral Network Summer Refresh
Grow Your Business
more info | register

TUE | July 13
Transportation & Goods Movement Committee
Metrolink CEO John Fenton
more info | register

FRI | July 16
Energy, Water & Environment Committee
more info | register

View all upcoming events on our Web Calendar

 
     


OVERHEARD
 

"Developing a global partnership is not simply about business, but rather it's about human beings building relationships with other human beings."

Dr. Laree Kiely, president and founder of the Kiely Group, who discussed the importance of Los Angeles as a potential role model for global readiness at the Chamber on Wednesday.

  MEDIA HIGHLIGHTS  
 

Tax Holiday is the Start of Real Business Tax Reform in Los Angeles
Fox and Hounds Daily, June 30
Read more


 
   
 


CASH FOR COLLEGE, CHANGING LIVES. For Granada Hills Charter High School graduate Freddy Rosas, the Cash for College scholarship money he recently received is "a boost of confidence" as he begins his coursework at Los Angeles Valley College. "It's really important because as a student, it's one less thing to worry about," he said. Rosas was one of hundreds of students in attendance at the 5th Annual Cash for College Scholarship Awards Reception Tuesday. The Chamber, along with L.A. City Council President Eric Garcetti and Los Angeles Unified School District Board President Mónica García and others, awarded more than 500 local youth with more than $600,000 in scholarships. "You've studied hard and you deserve this," Garcetti said. "Now come back and serve your city by repeating this process and we'll have a more beautiful city." Above from left, Garcetti, Rosas and Hot 92.3 anchor Josefa Salinas. Contact Alma Salazar, 213.580.7566 or [email protected].


Chamber offices closed on July 5
The Chamber will be closed on Monday, July 5 for the Independence Day holiday. We will reopen at 8 a.m. on Tuesday, July 6. We wish everyone a Happy Fourth of July.


L.A. City Council approves Chamber-supported jobs training program
The Chamber has been a strong proponent for job creation to accelerate recovery in a tough economy. Unanimously approved by the L.A. City Council, a new Chamber-supported local truck driver training program will help provide additional jobs. A coalition of city, labor and business leaders, including Unified Grocers, proposed Lopez Canyon in the San Fernando Valley as an ideal location. Located in a remote section of the San Fernando Valley, the canyon is a closed landfill that will not be open to public use for 20 years. The program will train more than 600 workers over the course of five years, with guaranteed job placement across industries. Contact Beverly Kenworthy, 213.580.7531 or [email protected].


Emerging Los Angeles “green” businesses spotlighted at the Chamber
What if you could provide light in your business that generates little to no heat, is geared to last 20 years without service and is pollution free? TylerCo's innovative "Lumenaire" light tile technology was one of eight CleanTech Open Los Angeles area semifinalists that presented at the CleanTech LA Investor Series on Tuesday at the Chamber. The Chamber is a partnering organization of CleanTech LA. The quarterly series brings together representatives of the investment community with emerging clean technology and sustainable manufacturing companies. By linking investors focused on funding clean tech with the economic incentives offered by the City of Los Angeles, the CleanTech LA Investor Series will serve as a vetting process and incubator for leading clean technology firms seeking to locate in Los Angeles. Contact Jessica Duboff, 213.580.7558 or [email protected].

Leadership Southern California examines transit-oriented development and 30/10 plan
One of the most difficult challenges facing Southern California today relates to land use, housing and transportation. As the region's population continues to grow, vehicle traffic, road infrastructure and uncertainty over the price of oil have become issues of concern. A shift towards transit-oriented development and efficient use of land has led to new initiatives and projects, some of which were examined last week by the Leadership Southern California 2010 Fellows. "The federal funding strategy our region initiated has empowered local communities to raise transportation funds on their own," said Denny Zane, Move LA, on the significance of the 30/10 transportation initiative. "This has been seen by the federal government and other local governments as a template for projects nationwide." The Chamber is currently working with Mayor Antonio Villaraigosa's office, Metro and Move LA on next steps for 30/10. Contact Kevin Cottrell, 213.580.7577 or [email protected].

good news
 

Wells Fargo opens first green bank location in downtown Los Angeles
The new bank on Olympic and Figueroa, across from L.A. Live, is LEED-certified – designed, constructed and operated to strict environmental standards. It is the company's fifth LEED bank location in the Greater L.A. area and the first in downtown Los Angeles. During the recent grand opening event, Wells Fargo awarded Homeboy Industries, Lamp Community and Children's Bureau a combined $5,000 in unsolicited contributions from the Wells Fargo Foundation as part of the company's ongoing commitment to the community.


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  HOT ISSUES  
 
 

Nov. 2 ballot initiatives and candidates
The Chamber will announce positions on several ballot initiatives leading up to the Nov. 2 Election Day. The Chamber will also be hosting candidates at its California Candidates Series from now until November. Read more.

 
  MEMBER BENEFITS
 

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HR Question of the Month

Q.: Can employers deduct from an employee's pay cash shortages, breakage or losses of equipment?

A: No. If, however, the employer can prove that the act was a "dishonest or willful act or gross negligence" of the employee, then deductions are permissible. In cases of deductions, be certain that you leave the employee with not less than federal minimum wage (which is currently $5.15 per hour) for all hours worked.


 
  MEMBER SPOTLIGHT
 

 

 







The Los Angeles Area Chamber of Commerce is the voice of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com