Los Angeles Business Journal


Santa Monica Wellbeing Study Finds Unease

As part of what is becoming a worldwide trend, the City of Santa Monica released the results of a Wellbeing Index Monday to rate local levels of contentment.

Anthem Finishes $1.1 Million Drought-Tolerant Landscaping

Anthem Blue Cross on Monday showed off a $1.1 million landscaping project at its Woodland Hills offices that replaced an expansive lawn with drought-tolerant plants.

Contract Truckers Picket L.A., Long Beach Ports

Drivers at several trucking companies serving the ports of Los Angeles and Long Beach picketed four trucking companies Monday, pressuring them to hire them as full-time staff rather than as independent contractors.

Community Bank Reports Profitable Quarter

Pasadena’s Community Bank reported strong first quarter earnings after markets closed Friday, growing its net income by 8 percent from the same period last year.

Stocks Fall

The Dow Jones industrial average fell 42 points in Monday trading to close at 18,038. The S&P 500 fell nine points to 2,109. The Nasdaq fell 32 points to 5,060. The LABJ Stock Index fell two points to 232.

Snapchat Hires a CNN Reporter to Lead News Team

Further expanding its editorial team, Snapchat has hired a prominent CNN political reporter.

L.A. Angel Investor Named Chair of Troubled Bitcoin Foundation

Los Angeles angel investor Brock Pierce has been named chairman of the Bitcoin Foundation, a Washington, D.C., crypto-currency industry group.

Mattel Partners With Warner Bros.

Following several recently announced new partnerships, El Segundo toy maker Mattel Inc. said it would team up with Warner Bros.’ DC Entertainment and consumer product and animation divisions to launch a product line based on DC Comics’ female super heroes and villains.

Ducommum Lands Multiyear Deal with Rolls-Royce

Carson aerospace manufacturer Ducommun Inc. this week inked a multiyear contract with Britain’s engine maker Rolls Royce to provide systems for use in Boeing Co.’s 787 Dreamliner.

USC Keck to Eliminate 92 Jobs as Expenses Rise

USC Keck School of Medicine said it would eliminate 92 positions across the organization.

Planning Commission OKs Sun Valley Sound Stage Complex

The Los Angeles Planning Commission unanimously recommended on Thursday that a proposed sound stage complex in Sun Valley receive a conditional use permit and required variances from zoning rules.

Skechers and Cheesecake Factory Among Week’s Big Movers

The Los Angeles Business Journal’s index of the largest local public companies rose for the week. The weighted LABJ index rose 2 percent to close at 234, with winners outpacing gainers 98 to 51. Eight companies closed the week unchanged.

L.A. Launch List: April 24

The Los Angeles Business Journal brings you a weekly roundup of L.A. tech launches. This week's list includes several Apple Watch app launches.

Stocks Rise

The Dow Jones industrial average rose 21 points in Friday trading to close at 18,080. The S&P 500 rose five points to 2,118. The Nasdaq rose 36 points to 5,092. The LABJ Stock Index was flat at 234.

Earnings Roundup: City National, Skechers and Reliance Steel Perform Well

City National Reports Strong Earnings Downtown Los Angeles’ City National Corp., parent of City National Bank, reported first-quarter earnings on April 23 that met analyst expectations.

Disney Pulls Verizon FiOS Ads

Television ads for Verizon’s new pay-TV package service, FiOS Custom TV, have been pulled from Disney-owned channels.

Technicolor, Deluxe Create Joint Venture

Technicolor S.A. and Deluxe Entertainment Services Group Inc. announced Thursday an agreement to create a digital cinema joint venture.

AwesomenessTV Will Launch Channel for Moms

DreamWorks Animation’s AwesomenessTV online teen network will launch a second network later this year aimed at mothers in the millennial generation.

Stocks Rise

The Dow Jones industrial average rose 20 points in Thursday trading to close at 18,059. The S&P 500 rose five points to 2,113. The Nasdaq rose 21 points to 5,056. The LABJ Stock Index rose two points to 234.

Cornerstone OnDemand Expands Board

Cornerstone OnDemand, the Santa Monica cloud-based human resources software company, announced today it is adding an additional seat to its board.