Glendale cannabis consultancy Siva Enterprises has seen business light up after passage of Proposition 64.
Cedars-Sinai Medical Center filed a lawsuit Tuesday alleging El Segundo-based HealthCare Partners has failed to pay more than $6 million for services provided by the hospital.
Apollo Medical Holdings Inc. of Glendale announced Thursday that it is joining with Alhambra-based Network Medical Management Inc. in a stock-for-stock merger.
COMMERCE: Survey sees costs jumping even higher in 2016 with new taxes.
It might not be what local business owners want to hear, but the cost of doing business in Los Angeles has gone up yet again and will likely jump even more next year, according to a survey to be released this week. The annual Kosmont-Rose Institute Cost of Doing Business Survey has classified 46 of the 74 Los Angeles County cities surveyed as either “high cost” or “very high cost” in terms of tax and fee rates for businesses in 2016. That’s up from 45 last year and 44 the year before that, representing a steadily increasing trend. Even worse, eight area cities – including Los Angeles, Beverly Hills, Santa Monica, and Culver City – rank among the 20 most expensive cities in which to do business in the Western United States. That’s also up one from last year.
MARIJUANA: Businesses get to work on compliance system for city of L.A.
Legalization of pot has L.A. businesses abuzz over setting up a regulatory regime by 2018.
BIOTECH: Phenomenex’s CEO to share $12 million from sale of his company.
Chemical testing firm Phenomenex spreads the wealth by sharing $12 million windfall with employees.
Multichannel media network Famebit has been acquired by Google for an undisclosed amount.
BallerYoga forms business around high-price product with football-like texture.
Mats made of football-like leather just feel right to YogaBaller founder Cedric Yau.
Trade group pumped about prognosis for local industry’s future.
Trade group California Life Sciences Association pursues healthy returns at a new L.A. outpost.
BEAUTY: Skin Laundry sees low-cost service as opportunity to clean up.
Skin Laundry has fleshed out a business strategy with a focus on low-cost laser facials.
HEALTH CARE: Firm offers Cut Suits as real plus to medical training.
Cedars-Sinai helps medical staff make the cuts with the use of lifelike educational body suits.
MARIJUANA: Recreational use could spark range of ventures.
The prospect of legal recreational pot has lit a fire under some investors.
Measure offers two streams: state fund for law enforcement as well as additional local business levies
Some local cities are looking to potential pot taxes to blunt lingering budget deficits.
Long Beach managed health care services provider Molina Healthcare Inc. landed $117 million worth of Medicare Advantage accounts from national health insurers Aetna Inc. and Humana Inc. last week.
BIOTECH: Kite’s state-of-art facility puts research on fast track.
Kite Pharma’s nondescript El Segundo manufacturing facility is at the forefront of cancer-fighting efforts.