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Alison A. Nieder

Stories by Alison A.

Cash-Strapped Snap? Stock Price Slides Following Analyst Report

The stock price for Snap Inc. hit a new low — falling 6.4 percent to $7 a share – after a report described the Santa Monica social media company as “quickly running out of money.”

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Clorox Backs Homeless Effort

NONPROFITS: Lincoln Heights-based Dolan pairs up with shower service

Dolan Group secures funds for laundry truck.

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Forever 21 Invests in DailyLook Subscription Service

Lincoln Heights-based retail giant Forever 21 has invested in downtown fashion subscription service DailyLook leading an $8 million Series A investment round that also includes Upfront Ventures

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Forecast: California Economy Will Continue to Grow, But Pace Will Slow in 2020

California’s economy will continue to grow in the coming years but the pace is expected to slow alongside a slowing economy on the national level, according to the UCLA Anderson Forecast, which was released on Sept. 26.

Report Finds UCLA Impact on the State Economy Tops $11B

The University of California-Los Angeles is the fourth-largest employer in Los Angeles County with more than 43,000 full-time employees, which helped the institution generate $11.06 billion in economic activity statewide during the 2016-17 fiscal year, according to a recent report.

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Moonves Out at CBS, NAI Settlement Reached, $20M ‘MeToo’ Donation Planned

Les Moonves will exit his post as chairman, president and chief executive at CBS Corp, according to a Sept. 9 announcement by the entertainment giant, which also detailed a settlement with the National Amusements Inc. members of the CBS Board and related parties.

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Reports: Moonves, CBS Board Negotiating Exit Plan

Les Moonves, the chief executive of CBS Corp., is making moves to exit the entertainment giant, according to reports, which say the longtime executive is in negotiations with the board of directors over plans to leave the company.

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Jeans Go Green

Italian denim mill Candiani celebrated its 80th anniversary, new fabric at downtown studio

The L.A. denim community turned out to celebrate an Italian mill with an eco outlook.

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Space Trackers

El Segundo-based Aerospace Corp. tracked recent re-entry of China’s space station, subsequent breakup over South Pacific

Nonprofit keeps eye on space traffic for government agencies, private businesses.

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Clippers, Ballmer Give $10M to Renovate L.A. City Basketball Courts

Indoor and outdoor basketball courts in city parks across L.A. will be renovated courtesy of a $10 million gift from the L.A. Clippers, owner Steve Ballmer and his wife Connie.

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Preliminary Injunction Denied in Short-Term Rental Fight in Santa Monica

The U.S. District Court for the Central District of California on March 9 denied a motion for a preliminary injunction against the City of Santa Monica by AirBNB and HomeAway in their fight against the city’s home-sharing ordinance, according to a release issued by the city.

Dog-Walking App Wag Lands $300M from SoftBank, New CEO

On-demand dog-walking app Wag landed a $300 million commitment from the SoftBank Vision Fund and announced former LifeLock executive Hilary Schneider as the company’s new chief executive.

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