Kevin Smith


Business Editor

Kevin Smith

Phone: (626) 544-0810

Recent articles

  • Outdoor recreation

    Kayaking: A great way to have fun without breaking the bank

    In Southern California, we’re used to paying for fun.If you go to a restaurant you’re going to spend money — often, lots of it. And a trip to the movies? That’ll cost you anywhere from $12 to $15 per person, not to mention the cost of popcorn, soft drinks and whatever else you might want to buy. And as we all know, theaters typically charge the equivalent of a mortgage payment for a small popcorn. At this point I have to make a confession. My wife...

  • Business

    Where’s your favorite food truck right now? Bistro Planet’s app plans to find it for you

    There was a time when food trucks were better known as “roach coaches,” and would only serve burritos and other fast food to construction workers. Those times have clearly changed.These days, an increasing number of food trucks are selling gourmet offerings that rival some of the fare found in Southern California’s more upscale restaurants. And they’re considered hip places to buy food — particularly among millennials. Anyone who has...

  • Green jobs

    Los Angeles County leads the state in clean-energy jobs

    An estimated 519,500 Californians are working in clean-energy industries, and Los Angeles County is leading the way, according to a report released Monday.The study from the nonpartisan business group E2 (Environmental Entrepreneurs) revealed that more than $45 billion in public and private investments have been injected into the state’s economy by California’s stringent climate...

  • Labor economy

    California sees strong year-over-year employment growth

    California employers added 17,600 jobs in May and the state’s year-over-year gain of 242,600 jobs was the second largest in the nation, according to figures released Friday by the state Employment Development Department.The Golden State was outpaced by Texas, which added 266,600 jobs over the past 12 months. Florida ranked third with 228,000 jobs added and New York followed with 149,100 jobs.California’s unemployment rate also fell to 4.7 percent in May, tying a...

  • Business

    How will Amazon buying Whole Foods affect your local grocery store?

    Amazon’s dominance in the world of retail is undisputed.The e-commerce company has become the go-to source for shoppers in search of everything from books and electronics to clothing and musical instruments. And the company’s announced plan to buy the upscale Whole Foods grocery chain for $13.7...

  • Economy

    Inland Empire outpacing Southern California in warehouse growth

    The Inland Empire led Southern California in construction of logistics and freight-related warehousing real estate, according to a report released from the Los Angeles County Economic Development Corp.While just released Monday, the data is based on 2015 numbers. The report found logistics-type construction in the Inland Empire dwarfed the...

  • Horse Racing

    What’s wrong at Santa Anita Park? Canceled races signal uncertain future

    Thoroughbred racing is the lifeblood of Santa Anita Park, but lately horses have been in short supply.The track had to cancel Thursday’s eight-race program because of insufficient entries and another racing program was nixed in late April for the same reason. On Friday, Santa Anita announced two more days of upcoming races in the next two weeks would also be canceled.The latest was the third time the track has canceled racing...

  • Shopping mall operators

    Up to 25% of US malls will close by 2022. Here’s why

    When the Central City Mall opened its doors in 1972, it was a big hit in San Bernardino.With 52 stores — including anchor tenants J.C. Penney, Montgomery Ward and The Harris Co. — the retail center quickly became a vital part of the city’s downtown core.But the mall’s promise began to fade in the late 1970s because of a lack of organization and a series of management changes. It was renamed

  • Business

    For many millennials, it could take a decade to save up enough money to afford a home

    If you’re a millennial looking to buy a home or condo in the Los Angeles area, you may have a long wait on your hands.A new survey from ApartmentList.com reveals that millennials in many of the nation’s large metro areas will need at least a decade to save enough money for a 20 percent down payment on a...

  • Aerospace and defense

    AeroVironment’s cell phone-size drone is helping US military forces

    When it comes to military intelligence, tiny is where it’s at.No one knows this better than AeroVironment Inc. (AV). The Monrovia-based maker of unmanned aircraft systems has produced a variety of small drones that are used extensively by U.S. military forces in Iraq and Afghanistan. But the company’s newly unveiled