LA BUSINESS JOURNAL DAILY NEWS
SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite.
For 2016, it was a tale of two ports when it comes to container cargo traffic. Last year, the Port of Los Angeles logged record container levels, with nearly 8.9 million container units passing through the port, up 8.5 percent over 2015 and eclipsing the 2006 record of nearly 8.5 million container units.
Universal Studios Hollywood is L.A.’s most popular tourist destination. So it seems only fitting that Los Angeles Mayor Eric Garcetti and other city and entertainment officials chose Universal as the site for today’s announcement of 2016 as a record year for Los Angeles tourism.
Los Angeles has won the battle to become home to filmmaker George Lucas’s $1 billion art museum.
Snap Inc. places international headquarters in London, Lionsgate invests in e-sports team Immortals, and crowd-finance startup MobileCause raises $15 million.
The Canadian clothing manufacturer which put in a stalking horse bid for American Apparel has won the bankruptcy auction, the buyer announced today.
A group of L.A. city councilmembers on Tuesday proposed banning contributions to council campaigns from developers with projects currently or recently before the city.
DreamWorks Animation is getting a new chief. Chris DeFaria, president of animation and technical innovation at Warner Bros. Pictures, is expected to be named DreamWorks chief executive, the Hollywood Reporter said Tuesday.
VCA Inc., the West Los Angeles-based chain of veterinary clinics received a buyout offer Monday from Mars Inc. valued at $9.1 billion, according to the companies.
Court approves British company’s bid for bankrupt Nasty Gal, SpaceX delays rocket launch one week, telemedicine platform SnapMD raises $3.25 Series A extension, and more.
If the 2024 Summer Olympic Games were held in Los Angeles, it would generate $11 billion in local economic impact, according to a study released Monday by the LA 2024 Olympic Organizing Committee.
The U.S. Bankruptcy Court of the Central District of California approved a $20 million stalking horse bid by British e-commerce clothing company Boohoo.com to buy the intellectual property and customer databases of clothing company Nasty Gal on Jan. 6.
Netflix Inc. just put another spotlight on its Hollywood real estate romance. The video streaming company has signed a deal for the full five floors at Cue office building, bringing its total Hollywood footprint to more than 500,000 square feet.
Pasadena has again proved itself a prime target for multifamily developers. A 1.27-acre site on South Lake Avenue near Caltech sold last month for $16.55 million, said listing broker Laurie Lustig-Bower, an executive vice president at CBRE, who fielded offers from nearly 20 prospective buyers over just a couple of months.
Faraday Future claims electric car has more than 64,000 reservations, Honest Co. draws boycott for support of Trump’s ‘Apprentice,’ SpaceX wins several manned space-flight contracts from NASA, and more.
Amazon.com Inc. and Forever 21 have joined the ranks of suitors interested in acquiring bankrupt clothing company American Apparel, Reuters reported on Jan. 4.
Glendale-based Apollo Medical Holdings Inc. was the week’s biggest gainer jumping 33.3 percent to close the week at $10. Arrowhead Pharmaceuticals Inc. also posted big gains. The Pasadena biotech firm ticked up 26.4 percent to close at $1.96. Downtown advertising firm Social Reality Inc. was the week’s biggest loser, dropping 18.6 percent to close at $5.
Faraday Future said that 64,124 reservations were placed for its FF 91 electric SUV within 36 hours of the vehicle’s unveiling at the Consumer Electronics Show in Las Vegas.
There are many ways restaurateurs respond to bad reviews. Some ignore, some strike back against the reviewer. And some, such as Roy Choi, view them as a challenge.
Imax to launch VR arcade in Los Angeles, former Snapchat executive alleges app misrepresented growth numbers, and Hulu to add CBS to live streaming service.