FOOD: Overseas buyer grabs Essential Living on the cheap.
Bankrupt “superfood” dealer Essential Living proves a tasty target for snack company.
TECHNOLOGY: Former Global Crossing chief aims to take on Netflix, Hulu.
Word broke last week that Los Angeles billionaire and former telecommunications mogul Gary Winnick was back in the game, taking a majority stake in startup streaming service Qello.
An independently conducted study commissioned by USC found that the university spurs $8 billion in economic activity in California every year.
SHIPPING: New alliances for megaships could tangle ports.
New cargo alliances formed to fill up megaships could bring big challenges to the ports.
Trucking businesses back fuel tax hikes but worry the money will be steered away from road repairs.
DINING: Dim sales forecast, another executive departure batter stock of DineEquity.
DineEquity Inc.’s woes aren’t over.
Peter Guber has literally lost his head. That’s according to a lawsuit filed Thursday in Los Angeles Superior Court, which details the billionaire sports and entertainment magnate’s quest for an insurance payout covering the loss of a “multi-million dollar antiquity known as the Bronze Roman Head of Lucius Aelius Verus as Caesar.”
The historic but troubled Angels Flight railway in DTLA will reopen to the public by Labor Day, Los Angeles Mayor Eric Garcetti announced Wednesday.
Restaurant company DineEquity Inc.’s share price plunged today with the announcement that the company expects sales at Applebee’s Neighborhood Grill & Bar to continue their decline this year.
Los Angeles Mayor Eric Garcetti and airport officials broke ground Monday on a new $1.6 billion international terminal at the Los Angeles International Airport.
Luxury hospitality company SBE is scheduled to open its first hotel in the Middle East this spring, the company announced this week.
Report rates region as worst in terms of traffic, resulting in total loss of $9.6 billion annually.
Los Angeles tops a traffic report as the most-gridlocked urban area in the world.
MEDIA: Positive News for Paper?
Los Angeles Times’ parent, tronc, saw a profit last year but its digital efforts have yet to click.
Declining ad revenue has forced some local publications to print up for-sale signs.
DINING: Restaurant Operator Feels Heat as Shares Tumble
DineEquity investors have a lot to chew on as the chief exec has stepped down amid falling sales.