News: Uncertainty gives health insurance industry a case of heartburn





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Sunday, November 27, 2016
Business


Uncertainty gives health insurance industry a case of heartburn

Six years into building its business around the Affordable Care Act, the nation’s $3 trillion health care industry may be losing that political playbook.

Industry leaders, like many voters, were stunned by the election of Donald Trump and unprepared for Republicans’ plans to “repeal and replace" Obamacare.

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Wage theft is common in garment manufacturing in Southern California

Beating drums and waving hand-lettered signs, 40 garment workers marched in front of a Los Angeles Ross Dress For Less outlet chanting “Ross Stores, you can’t hide! We can see your greedy side!"

Among the protesters on a sunny Saturday before Thanksgiving, Maribelia Quiroz, 46, mother of three, said she stitches blouses for Ross at a downtown contractor, earning $300 a week for up to 60 hours of work, with no overtime.

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Southern California is national leader in pay hikes. Again!

Southern California is again the pay-raise champ among major U.S. markets.

The federal government’s Employment Cost Index for the five-county area showed local wages and salaries gaining 3.8 percent in the year ended in September. That’s the best among 15 major U.S. markets tracked and it was the third consecutive quarter that local wage hikes topped this national ranking.

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Why Southern California’s solar surge is not what you think

Sunny California continues to lead the nation in rooftop solar installations, but that’s not what’s most surprising about the new numbers from state utility regulators.

Solar’s greatest appeal is not in any tony enclave of wealthy liberals. It’s in suburban, middle-class cities that are mostly Republican strongholds, an analysis of data from Southern California Edison’s service area shows.

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Business brisk, but Black Friday is spreading all over the calendar

Shoppers were on the hunt for deals and were at the stores for entertainment Friday as malls opened for what is still one of the busiest days of the year, even as the start of the holiday season edges ever earlier.

Black Friday, the day after Thanksgiving, used to launch the holiday season, but the competition to grab customers first is keen.

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Black Friday crowds – including millennials – flock to San Fernando Valley stores

NORTHRIDGE >> Rene Cabrera’s wife had been shopping since 5 a.m. Friday to clean up on the Black Friday sales at Northridge Fashion Center.

But after exiting after four hours of holiday shopping, she did an about-face and headed back into the mall.

“She’s still in the store – she went back in to get some more," said Rene Cabrera, 34, of North Hills, waiting outside for his wife, Jessica, next to their son.

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Here’s a few unique, local stores to shop at for Small Business Saturday

Online retailers and big-box stores are taking an increasingly bigger piece of the action these days with deep discounts on everything from clothing and electronics to sporting goods and computers. But a variety of smaller mom-and-pop operations have still managed to carve out a loyal clientele of customers.

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Bear Mountain opens as ski season begins

BIG BEAR LAKE >> The Bear Mountain ski resort opened for the season Friday, the first resort to spin its lifts in the San Bernardino Mountains.

Two of Bear Mountain’s nine chairlifts were running Friday, but additional runs are expected to open soon with snow forecast for both today and Sunday, officials said.

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