Los Angeles Business Journal

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Manufacturer of Hydrogen Trucks Fails to Deliver

Trucking: Vision rolls into bankruptcy after burning through millions in grants.Hydrogen-truck maker Vision Industries steers into bankruptcy after reaping millions from public agencies.

By Andrew Edwards October 20, 2014 midnight   $$ Share

Frozen Out of Disney, Mattel Looks to Universal

After losing a coveted deal to make dolls based on Disney’s “Frozen” and other princess films to rival Hasbro last month, El Segundo toy maker Mattel announced Tuesday that it has partnered with Universal Pictures to develop a line of toys based on the “Despicable Me” movies.

Port of Long Beach Sees Heavy Traffic

Cargo numbers rose sharply for the Port of Long Beach in September as the port recorded its heaviest traffic for that month since 2007.

Aecom Acquires URS

Downtown Los Angeles engineering and construction firm Aecom Technology Corp. completed its acquisition of San Francisco’s URS Corp. Friday in a $6 billion deal that creates a giant in the engineering and construction industry.

Port of Los Angeles Has Busiest Month Since 2006

September was the busiest month the Port of Los Angeles has seen since 2006.

Mattel Sales and Profits Droop

Mattel Inc. remained profitable during the third quarter despite an 8 percent decline in worldwide sales, the company reported Thursday.

After Labor Dispute, Kinkisharyo Kills Plans for Palmdale Plant

Kinkisharyo International has scrapped plans to build a rail car manufacturing plant in Palmdale following a labor disute and will instead look outside California to locate the facility.

Indian Actions Have Water-Free Firm Flush With Anger

Indian officials have ordered the removal of more than 800 waterless urinals in Delhi, and the chief executive of the Los Angeles company that produces the equipment isn’t happy about it.

Advanstar OKs UBM Buyout

Santa Monica trade show organizer Advanstar Communications Inc. announced on Wednesday that is has agreed to be acquired by publicly traded British communications and events company UBM for $972 million.

Poll: Korean rice alcohol soju is the best-selling spirit in the world, but it is still a novelty in the U.S. Have you ever tried it?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.

Industry’s Allfast to Be Acquired

Michigan manufacturing company TriMas Corp. announced this week it plans to acquire Allfast Fastening Systems Inc. in City of Industry for about $360 million.

L.A. Companies Get Drone Filming Permits

Two local aerial photography companies are among six the Federal Aviation Administration on Thursday approved to use drones for film and television production.

Ports of Los Angeles, Long Beach Close Terminals

Air quality concerns shut down the Port of Los Angeles and half of the Port of Long Beach today as firefighters continued to fight a wharf fire that ignited on Monday night.

SpaceX, Boeing to Share NASA Contract

Hawthorne rocket maker SpaceX and Chicago aerospace giant Boeing Co. will share a contract to ferry U.S. astronauts to and from the International Space Station, NASA Administrator Charles Bolden announced today.

August Shipping Up at Port of Los Angeles, Down in Long Beach

Cargo volumes increased last month at the Port of Los Angeles, although the neighboring Port of Long Beach saw a decline in activity after what officials there characterized as mismatch between last year’s peak shipping season and this year’s.

Northrop Aims to Land Big One

The Defense Advanced Research Projects Agency wants to build an unmanned plane that can fly into space and land back on Earth, and Northrop Grumman Corp. and its partners are trying to figure out how to do it.