INFRASTRUCTURE: Fire investigation reveals likely culpability, company says
Edison International on Oct. 30 revealed that an internal investigation found its Southern California Edison utility equipment was “associated with” one of the ignition points of the massive Thomas Fire last December
City Council approves $2 billion LAX project
The Los Angeles City Council on Oct. 31 unanimously approved a $2 billion contract for a consortium of 11 companies to build and operate a consolidated car rental facility near Los Angeles International Airport.
L.A. a leader in digital health funding as region gains foothold
The greater Los Angeles area now ranks among the top five digital health markets in the nation based on investor funding over the past few years
Partnership will focus on consumer brands; closes Little Freddie investment
VMG Partners, a private equity firm with major offices in Century City and San Francisco, has set up a $100 million fund with Hillhouse Capital,
Food delivery service works directly with farmers to get goods to consumers
Kenneth Wu remembers shopping online – often bleary-eyed – for household and baby items after the birth of his second daughter in 2015
Adjusted earnings allow year-over-year operating profit to show uptick
El Segundo-based Mattel Inc. reported third quarter earnings last month
Newspaper’s new owner envisions network, alliance with other media cos.
Los Angeles Times owner Patrick Soon-Shiong mentioned ambitious plans for the Times in a recent, little-noticed speech.
Clubs oriented toward the creative class are popping up around Los Angeles
Social club scene expanding with two new offerings.
Sherman Oaks kitchen serves meals for dogs made with human-quality ingredients.
Every weekday, a delivery of restaurant-grade meat and vegetables arrives at a business in Sherman Oaks.
Fact: An initiative that has qualified for the 2020 ballot will let California voters decide whether to repeal the terms of Proposition 13 as they apply to commercial properties
Both Financial District office buildings part of Brookfield portfolio
Lockton moves L.A. HQ from Ernst & Young Plaza to 777 Tower.
UCLA prof thinks media representation contributing to global stigmas
UCLA professor suspects Hollywood impact on projected nurse shortages.
PledgeLA aims to address employment disparity in Silicon Beach scene
Annenberg Foundation, City of L.A. team up on tech diversity.
El Segundo firm purchased by Accenture to expand Oracle services
Daz-zling deal for cloud services company.
Trans-Pacific tensions weigh on consumer confidence in L.A. County
L.A.’s consumer sentiment index drops as trade war heats up.
$96M for Brioni, Alexander McQueen shops
Rodeo Drive locale goes for $96 million.
Seems Haim Saban has stumbled again – and it’s notable that the billionaire tends to fall forward.
TRANSPORTATION: State agency kicks in $21.6 million for on-dock plan
Port of Los Angeles moves forward with traffic-flow plan.
HEALTH CARE: Round for developer of radioisotopes includes 11 investors
Alpha Source gets $41 million in seed money to develop radioisotope tech.
Banking: City National CEO hands reigns to Coffey
City National CEO Russell Goldsmith to step down after 23 years.
Finance: Industry growth tempered by rates, volatility
Local banks are prepping for potential economic turbulence.
MEDIA: 24-hour channel to aim for underserved areas
Spectrum is launching a new 24-hour cable news channel.
Sears is bankrupt and closing stores, but former locations could have new life
Sears is bankrupt, but its former stores are hot real estate commodities.