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West Hollywood Hospitality Firm Acquired

A Las Vegas hospitality firm has acquired a majority stake of West Hollywood hospitality firm H.Wood Group.

Barrack Donates $15 million to USC Marshall School

L.A. private equity billionaire Thomas Barrack has donated $15 million to the university’s Marshall School of Business, the university announced Tuesday.

Grocery Chain Says Workers Trying to Decertify Union

The owners of the El Super grocery chain said that even as some workers were on the picket line, others are trying to decertify the union.

Grocery Workers Ratify Contract

The grocery workers’ union has ratified two-year labor agreements for 60,000 employees at Vons, Ralphs and Albertsons supermarkets, the union announced Friday.

El Super Workers Picketing

Workers at an El Super grocery store in East Los Angeles picketed Thursday in what could be a prelude to a strike at a handful of the chain’s locations.

Grocers, Union Reach Tentative Deal

Three major grocery store chains and the union representing Southern California grocery workers have reached a tentative deal for a new contract, both sides have announced.

L.A. Unemployment Rate Falls

L.A. County’s unemployment rate fell to 8.3 percent in April as 30,000 more residents found jobs during the month, according to state figures released Friday.

Brisk Business Boosts Air Lease Profits

Air Lease Corp. late Thursday said first-quarter net income jumped 53 percent as the airline demand for plane leases was on the upswing.

Seacrest Buys Marketing and PR Firm

Ryan Seacrest’s investment firm, Seacrest Global Capital, has acquired marketing and PR firm Culture Shop through a subsidiary, Seacrest’s company announced Thursday.

Workers Vote to Approve Strike at El Super Supermarkets

Local 770 of the United Food & Commercial Workers International Union on Wednesday said that members working for the El Super supermarket chain have voted to authorize a strike if contract negotiations break down.

Three L.A. Agencies Claim Ad Industry Awards

Ad agencies Deutsch LA, CAA Marketing and North Kingdom might go head-to-head when competing for new clients, but last week they celebrated with wins at the 50th Annual International Andy Awards in New York.

Tease photo

Waiting Rooms

Hoteliers’ plans hinge on NFL stadium project

Downtown Los Angeles could score more hotel rooms if a plan for a pro football stadium fails to pan out.

Higher DineEquity Profit Still Disappoints

DineEquity Inc. on Thursday reported rising net income and revenue in the first quarter, but missed analysts’ profit estimates as its Applebee’s chain underperformed.

Adjusted Edison Profit Beats Expectations

Edison International reported a lower first quarter profit, but its core earnings rose as the company benefited from revenue growth, lower expenses and workforce reductions.

USC Marshall Receives $4 Million Gift

A USC alumnus has made a large gift to its Marshall School of Business to enhance programs and student opportunities there, the university announced Wednesday.