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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 109-120
  • New city manager talks business

    New city manager talks business
    Glendale’s economy appears to be turning the corner, but it will still have to adapt to the “new normal,” said City Manager Scott Ochoa during an economic outlook event Wednesday. There are some bright spots on the horizon, he said,...
  • City adjusts conflict of interest rules

    City adjusts conflict of interest rules
    Glendale City Council members on Tuesday voted to raise the financial threshold for recusing themselves from voting on contracts that involve political donors, a move officials said would make the conflict of interest rules more in line with existing...
  • The playhouse is the thing

    The playhouse is the thing
    When the Pasadena Playhouse filed for bankruptcy in 2010, closing its doors and some $2.3 million in debt, a leading player in its recovery and reopening later that year was Stephen Eich, the respected former managing director of both Chicago’s...
  • City, Charter Cable begin second legal fight

    More than year after Glendale emerged victorious from a legal fight with Charter Communications over its planned cable channel changes, the two are at it again. This time, Charter is accusing Glendale officials of illegally using strands of company-owned...
  • City could lose millions in unpaid redevelopment funds

    As the city’s redevelopment program continues to wind down, city officials this week reported that the loss of the program could choke off $79.5 million slated for the city’s General Fund, which pays for public services such as libraries and...
  • City's portfolio value down $2 million

    Glendale’s investment portfolio ended the second fiscal quarter at $396 million, down $2 million from the end of the previous quarter, according to the latest report. The portfolio’s slip is driven by historically low interest rates, which...
  • City forced to scale down nonprofit funding

    The federal government has slashed funds it gives to Glendale for social services and community projects by 35% compared to last year, a bigger hit than expected, officials said at a City Hall meeting Friday. The Community Development Block Grants and...
  • Verdugo Views: Spend some time with war-bond history

    Verdugo Views: Spend some time with war-bond history
    When the United States entered World War II, the nation needed financing in order to build up its defense system. So the government issued a new series of war bonds. The first one, Series A, had been issued in 1935, as a way of promoting safe...
  • Glendale's largest homeless services provider forced to look elsewhere for funds

    Glendale's largest homeless services provider forced to look elsewhere for funds
    For Ascencia, Glendale’s largest homeless services provider, the end of redevelopment could mean an annual loss of $50,000 through 2015. Ascencia has a contract with Glendale’s Redevelopment Agency for $50,000 each fiscal year through 2015 to...
  • City wants in on high-speed rail plan

    City wants in on high-speed rail plan
    The monetary hardship a proposed $98-billion high-speed rail project could bring to local transit systems such as the Glendale Beeline should be recognized in a regional plan that is key to unlocking federal and state transportation funds, city...
  • Najarian likens working without redevelopment salary to slavery

    Najarian likens working without redevelopment salary to slavery
    As city officials worry about losing millions of dollars due to the end of redevelopment, at least one city council member wants to be paid for helping to guide the wind-down. “Wasn’t slavery outlawed in the 13th Amendment to the...
  • Glendale Community College ponders naming rights in hunt for new revenue

    Glendale Community College ponders naming rights in hunt for new revenue
    The Glendale Community College library could soon bear your name — for a donation of roughly $2 million, that is. It is among nearly three dozen campus facilities listed in a naming rights policy being considered by the college’s board of...