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Foundations Pump $20 Million into L.A. Homeless Housing Loan Fund

Four foundations have loaned a total of $20 million towards an L.A. homeless housing loan fund, bringing the fund to $60 million, Mayor Eric Garcetti announced Tuesday.

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Xiamen Airlines to Bring New China Route to LAX

China Xiamen Airlines is expected to announce once-a-week nonstop flights between Los Angeles International Airport and the northern Chinese port city of Qingdao in December.

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Cedars-Sinai Welcomes New Class of Startups to Incubator Program

Cedars-Sinai Medical Center has welcomed 10 new startups to third iteration of its business incubator, the health care outfit announced Tuesday.

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Brookfield Properties Bringing Amenities, Services Platform to Downtown Offices

Major downtown office space landlord Brookfield Properties, based in New York, announced this week it’s bringing the Convene “workplace-as-a-service” platform to its local properties.

Dole Food Dropping Strawberries Before Going Public; Considering Private Sale

As Dole Food Co. prepares to go public again, it has decided to make the transition without one of its local crops – berries.

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Silicon Beach Report Sept. 18: Sixgill Raises $27.9 Million

Sixgill raises $27.9 million, Northrop Grumman to acquire Orbital ATK for $7.8 billion and Snapchat removes Al Jazeera channel from Saudi Arabia.

Los Angeles Magazine Names New Publisher

Los Angeles Magazine has named media veteran Josef Vann as its new publisher.

$280 Million for Union Bank Plaza

KBS Real Estate Investment Trust II recently struck a deal to sell its 40-story Union Bank Plaza building at 445 S. Figueroa St. in Downtown Los Angeles for $280 million, according to a U.S. Securities and Exchange Commission Report.

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Silicon Beach Report Sept. 15: StartEngine Plans to Raise Money Through Crowdfunding

StartEngine plans to raise money through crowdfunding, Pelican Products unveils iPhone 8 and iPhone X cases and Snapchat expands Emmy Awards coverage under three-year deal.

Movers for Week Ending September 15, 2017

Commerce-based furniture maker Nova Lifestyle Corp. was this week’s biggest mover, gaining 26.36 percent to end at $1.39. Cloud-based learning and talent management solutions provider Cornerstone OnDemand Inc. was also among the week’s biggest movers. The Santa Monica-based company rose 19.81 percent to end at $41.07. Los Angeles-based online special-interest personal site operator Spark Networks Inc. was this week’s biggest loser, dropping 22.73 percent to end at $1.02.

Apparel Manufacturers Fined for Labor Violations

Fourteen garment manufacturers in Los Angeles were cited for labor law and garment registration violations, the California Labor Commissioner’s office announced on Thursday.

L.A. County Unemployment Rate Jumps to 4.8 Percent Amid Meager Job Gains

L.A. County’s unemployment rate rose to 4.8 percent in August from a historic low of 4.5 percent in July as more people hunted for work while the region’s job creation machine slowed.

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When Hollywood Calls the Cops

Producers of crime content collar actual police for use as consultants.

Some cop shows shoot for authenticity by using real police as advisers.

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Fight Smart Against Drug Scourge – Join the Club

The headline crawled across the screens of smartphones across the United States a few days ago, and most of us barely noticed: “CDC: Drug overdose deaths spiked 21% last year, 64,000 deaths.”

Counterpoint on Regulation in Harvey’s Wake

Best wishes to Florida, where the destruction wrought by Hurricane Irma reveals a state that shares an admirable propensity for enduring natural disasters on par with the blows that strike California from time to time.

Deals & Dealmakers: Clearlake Sells Off Another

Hot summer for firm rolls on with Calero transaction; new fund may be in cards.

Clearlake Capital Group continues to unload portfolio companies at a remarkable clip.

New Law Firm For Bill Cosby

Bill Cosby changes legal representation in sexual assault civil case.

Farm Grows Big Giver

How money manager went from chicken manure to patron of arts

The charitable mind-set of TCW Group’s Marc Stern took root during his childhood on a New Jersey farm.

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Developer Rolls On Office Project

Luzzatto’s West L.A. building looks to get line on nearby Expo-Bundy light-rail station.

Luzzatto Co. aims to line up its office project with easy access to a West L.A. rail stop.

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Shapiro Shows, Tells

What do Vanna White and the horrors of drug abuse have in common?