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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles see all

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  • Lawsuit filed in water-rate flap

    A financial consulting company that miscalculated multiple years of water rates in 2012 should pay for its mistakes, which cost Glendale more than $9.3 million, according to a lawsuit city officials filed Wednesday in Los Angeles Superior Court.
  • GWP officials to propose new series of rates

    Following the discovery of massive errors in multiple years of water-rate increases approved by the City Council in 2012, Glendale Water & Power officials plan to propose a new series of rates that would boost revenue over five years by 5% the first two...

    City set to pay consultant to fix water rates

    A consultant is set to be paid $130,000 to fix Glendale’s broken water rates following City Council’s approval this week. That’s on top of about $50,000 the city already paid Berkeley-based Bartle Wells for an initial analysis of the...

    Glendale City Council calls for no sale of historic post office

    Glendale City Council calls for no sale of historic post office
    The City Council on Tuesday called on the U.S. Postal Service to keep open a historic downtown post office that is at risk of closure. In addition, advocates of historic preservation and postal service users rallied in favor of keeping the 80-year-old...

    Glendale Ponzi scheme victim: 'I have a 7-year-old and I am alone'

    A Glendale man pleaded guilty on Thursday to running three separate scams, including a Ponzi scheme that defrauded 30 families out of more than $8 million. In the plea deal, Kaveh Vahedi, 51, admitted to convincing more than 30 investors to hand over...