Los Angeles Business Journal

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Beverly Hills Ready To Ride Robot Cars

City applies with federal government to open streets for autonomous vehicle testing.

Beverly Hills hopes to get on board with federal testing of autonomous vehicles

Creditors Look To Sink Sale of Terminal Stake

Creditors are making waves over the sale of Hanjin’s stake in the Port of Long Beach’s Pier T.

Apollo Medical to Merge with Network Medical Management

Apollo Medical Holdings Inc. of Glendale announced Thursday that it is joining with Alhambra-based Network Medical Management Inc. in a stock-for-stock merger.

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Long Beach Harbor Commission OKs Hanjin Terminal Sale

The Port of Long Beach Harbor Commission signed off Wednesday on the sale of the port’s largest terminal operator by bankrupt Hanjin Shipping Co. to a subsidiary of Mediterranean Shipping Co.

Hanjin Shipping Inks Deal to Sell Port of Long Beach Terminal

Hanjin Shipping Co. has signed a contract to sell its stake in the largest terminal at the Port of Long Beach to Mediterranean Shipping Co. A South Korean court announced the sale Tuesday, the Yonhap News Agency and the Wall Street Journal reported.

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Future Promises Risks, Rewards for Businesses

LOOK AHEAD: Presidency of Trump, vote to restrict development loom in 2017.

A preview of the business stories that will seize the spotlight in 2017.

John Aaroe Group Merging with San Francisco Real Estate Brokerage

Beverly Hills-based John Aaroe Group is merging with San Francisco’s Pacific Union International Inc., the ninth-largest real estate brokerage in the United States by sales volume, the companies announced Wednesday.

Shipping Duo Floats Pier Deal

Duo may dive into a deal to acquire Hanjin’s Pier T terminal at the Port of Long Beach.

New Form Studio Raises $18 Million

Santa Monica entertainment studio New Form Productions announced Thursday it has raised $18 million in a Series B round of funding from ITV and Discovery Communications Inc.

After $583M Sale, Howard Hughes Center to Get Makeover

The 1.3-million-square-foot Howard Hughes Center in Westchester is going to get an upgrade after it was purchased last month for $583 million. The Blackstone Group acquired the office complex near Los Angeles International Airport as part of its purchase of 20 properties in California and Washington for $1.16 billion in a fire sale from Hines REIT Inc. over the summer. That sale was completed in November, according to CoStar Realty Information Inc.

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