Snap Inc. and Time Warner Inc. announced a global partnership to develop made-for-Snap shows over the next two years. The deal, reportedly valued at $100 million, will include both entertainment and advertising content.
The pending closure of 107-year-old Southern California furniture chain Dearden’s is putting its local real estate portfolio into play.
Cornerstone Apparel Inc., the Commerce-based owner of teen retailer Papaya Clothing, filed for bankruptcy in U.S. bankruptcy court in Los Angeles last week.
Culver City's NantKwest Inc. was the week’s biggest gainer, jumping 54 percent to close at $6.48. Sherman Oaks-based Real Industry Inc. came in second, rising 15 percent to close at $3.05. Commerce's Smart & Final Stores Inc. was the week’s biggest laggard, dropping 32 percent to close at $9.10.
L.A. County’s unemployment fell to a new record low of 4.4 percent in May amid steady job gains, state figures released Friday show.
Matt Toledo will end his 23-year tenure as publisher and chief executive of the Business Journal and become chief executive of Encino-based ProVisors, a leading business-to-business networking organization for professionals.
Nestle is considering a sale of its U.S. candy business, the Swiss-based conglomerate with headquarters in Glendale announced on Thursday.
A group of truck drivers and warehouses workers set a date of June 19 for a strike at the ports of Long Beach and Los Angeles.
Scopely raises $60 million, VentureDevs to open West Hollywood office, and tech startup HelloTech powers Altice service.
Downtown’s ArcWest Partners announced Wednesday the firm has acquired a 30,000-square-foot historic office building in Silver Lake.
International venture development firm VentureDevs has found a home in Los Angeles County, announcing plans to open a West Hollywood office by September.
Mobile game producer and distributer Scopely has closed a $60 million Series C funding round led by former AOL executives at Washington, D.C.-based Revolution Growth, according to a press release filed Wednesday.
The Inglewood City Council is set to vote tomorrow to approve an exclusive negotiation agreement with the Los Angeles Clippers for an NBA arena in the city.
A local environmental group on Wednesday filed a lawsuit seeking to overturn the South Coast Air Quality Management District’s recent approval of environmental reports for Tesoro Corp.’s plan to merge operations of its two refineries in Carson and Wilmington.
Mayor Garcetti plans tech jobs for L.A.’s youth, insurance mobile app startup Sure raises $8 million, and computer software company Datum Security acquired by Prevalent.
Subsidiary funds of asset management firms Ares Management and TruAmerica Multifamily announced Tuesday they have acquired a 240-unit apartment building in Avondale, Ariz., in a transaction valued at nearly $31 million.
An L.A.-based private equity firm is being called into court for the allegedly fraudulent sale of a property in Mexico that the buyer says has ties to a drug cartel run by Joaquín “El Chapo” Guzmán.
Snap Inc. signs data subscription deal with Factual, storage startup Clutter raises $64 million, and baby food subscription service Yumi raises $4.1 million.
Factual Inc. announced on Tuesday that it signed a deal to sell its location data to Snap Inc. for use in Snapchat.
L.A. city planners on Tuesday released a revised community plan to steer development in Hollywood, more than three years after a judge threw out an earlier plan citing faulty growth assumptions.