Hastings not worried about Disney Plus; Thorn gets share of $280 million; Hello Sunshine Ventures into subscription box market.
L.A. County’s unemployment rate in March dipped slightly to 4.6 percent, the combined effect of a modest gain in jobs and several thousand workers leaving the labor force.
HEALTH CARE: KPC gets St. Vincent, St. Francis hospitals
Bankruptcy judge approves sale of Verity Health hospitals.
FINANCE: LA a hotbed for SPACs, deal-makers
L.A.’s flurry of blank-check offerings continues into 2019.
TRADE: Terminal operators continue push for automation
Fight over automation continues at Port of Los Angeles.
Tech: Google, others ramp up to meet growing local demand
Data centers finding new homes downtown.
LEDtronics has made industrial LED lights for more than 35 years
LEDtronics sticks to its roots in commercial and industrial lighting market.
Tech: $25M deal comes on heels of $20.5M IPO for video advertising co.
Verb acquires Utah competitor following IPO.
After year-end surge, ports see fall in first-quarter imports from China
Ports see imports from China fall in first quarter.
NY firm acquires Data Blue, which provides cloud and computer services
Platinum Equity, Gores Group sell information technology company.
Michael Ritchie • Center Theatre Group
Here’s looking at you
Local engineering giant’s URS unit in hunt for aircraft logistics work
AECOM looks to cement defense contractor position with bid on $13B Navy contract.
Gemini-Rosemont will occupy offices in iconic Century City building
Gemini-Rosemont Realty looks to cash in on L.A.’s real estate market with HQ move.
Mobile game developer has raised $250M; revenue rose 80% in 2018
Scopely looks to expand in Culver City.
Pride Media, owner of iconic LGBTQ publications “Out” and the “Advocate,” on April 18 named Orlando Reese to the position of interim chief executive hours after the departure of chief executive Nathan Coyle.
JPL still mining Cassini data; AET Fund raises $50 million; Red Six gains $2.35 million.
Sawtelle-based Rexford Industrial Realty, Inc. has purchased four industrial properties for $84.5 million, the company announced April 18.
Red Six Aerospace Inc. closed a $2.35M seed round April 18, led by Marina Del Rey-based Moonshots Capital Management.
Koreatown’s CBB Bancorp Inc., parent of Commonwealth Business Bank, entered into a new employment contract with Joanne Kim, who has served as president and chief executive officer over the past eight years.
External funding is imperative for biotech growth. Larger public biotech companies are a significant source of capital for the sector.