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Shwanika Narayan

Stories by Shwanika

Last Mile First Up For Latest EV Entry

New electric-vehicle maker Chanje looks to hit the roads with a focus on last-mile goods delivery.

Cargo Volumes Hit Records at Long Beach, Los Angeles Ports

The ports of Los Angeles and Long Beach, which together make up the nation’s largest port complex, set new records in cargo movement last month.

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Aquatic Farm Flexes Mussels Offshore

FOOD: Catalina Sea Ranch takes crack at shellfish sales.

Catalina Sea Ranch looks to plumb the depths of consumer demand for shellfish.

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Jakks Pacific Renews Licensing Deal for Power Rangers Costumes

Santa Monica-based toymaker Jakks Pacific Inc. announced that it had extended its licensing agreement with Century City-based Saban Brands, owner of the Power Rangers franchise.

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Faraday Future Signs Lease on Central Valley Manufacturing Facility

Torrance-based electric car maker Faraday Future has inked a deal on a 1 million-square-foot manufacturing facility in the Central Valley, the company announced Monday.

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West Coast Dockworkers Extend Contract Until 2022

West Coast longshore workers at 29 ports along California, Oregon and Washington officially ratified a three-year contract extension with the Pacific Maritime Association on Friday.

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Packaging Company Boxes Up Distributor

Impak adds Gramatech’s sealing equipment in strategy to expand services to more industries.

Packaging company Impak boxes up sealing equipment maker Gramatech.

Auto Parts Maker Deals for EV Edge

Motorcar Parts of America steers toward the electric-vehicle market with recent acquisition.

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Eisner Takes Shot At Pro Soccer

Michael Eisner’s Tornante nets ownership of English soccer club Portsmouth FC.

Tornante Co. to Purchase English Football Club Portsmouth FC

Michael Eisner’s Tornante Co. has purchased English soccer club Portsmouth FC, the company announced Thursday.

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Electric Bus Maker Gets $66 Million MTA Contract

Downtown-based BYD Motors has nabbed a $66 million contract with the Los Angeles Metropolitan Transportation Authority to build 60 new electric buses for the agency’s bus fleet.

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Modular Wall Maker Puts Together Fund

Emagispace raises $4.2 million to help product grow beyond use on film, television productions.

Modular wall maker Emagispace assembles $4.2 million Series A funding round.

Departures Launch Aerospace Industry Up List

MANUFACTURING: Loss of American Apparel, Toyota cuts employment numbers.

Aerospace companies rise to the top of the employers list after two other businesses depart.

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Pier Pressure

Ports’ clean air plan and companies’ independent-contractor model drive up costs for truckers.

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Health Care Firm to Lay Off 1,400

Molina announces 1,400 layoffs as a cost-cutting measure.

Electric Bus Maker Opens Plant

Electric bus maker Proterra pulls into new factory in the City of Industry.

Electric Bus Maker Opens Manufacturing Facility in City of Industry

Burlingame-based electric bus manufacturer Proterra Inc. commemorated its new manufacturing facility in City of Industry on Wednesday.

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Report: Molina Healthcare to Cut 1,400 Jobs

Long Beach-based Molina Healthcare Inc. plans to cut 1,400 jobs in the next few months, Reuters reported Monday.

BYD’s Hiring Pledge Could Charge Up MTA Bus Deal

Downtown-based electric vehicle maker seeks $66 million contract.

Electric bus maker BYD sweetens deal for MTA contract.

Terminal Consolidation Could Bring Sea Change

PORTS: Shipping line mergers are changing cargo movement locally, abroad.

Shipping line mergers are having ripple effects at L.A.’s twin ports.

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New Members Join Port of Long Beach Harbor Commission

The Long Beach Harbor Commission is getting two new members: former Assemblywoman Bonnie Lowenthal and former City Councilman Frank Colonna.

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Los Angeles, Long Beach Ports Clean Air Action Update Could Cost $14 Billion

Implementing goals of having only zero-emission vehicles and cargo handling equipment by 2035 will cost the ports of Los Angeles and Long Beach $7 billion to $14 billion, according to the ports’ Clean Air Action Plan update released Thursday

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June Imports Surge at L.A., Long Beach Ports

The ports of Los Angeles and Long Beach each reported they had their second-highest June cargo numbers, as L.A. hit a record volume in its last fiscal year.

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Apparel Consultant Folds After 18 Years

Fashion Business founder says nonprofit approach poor fit for guidance-providing operation.

Founder says the bankrupt Fashion Business was hemmed in by a nonprofit structure.

California’s Imports Surge as Exports See Slight Growth

California exporters saw a modest gain in May according to the latest U.S. Census Bureau data.

Investor Docks at Port

SHIPPING: Swedish fund pays $817 million for L.A. terminal; plans upgrades.

Swedish investment fund drops anchor at Port of Los Angeles with $817 million terminal deal.

$3 Million Grant to Fund Training for Laid Off American Apparel Workers

Around 600 former American Apparel workers who were laid off this year will receive new job skills training thanks to a $3 million California Employment Development Department award announced Thursday.

CMA CGM to Sell 90 Percent Stake in Port of L.A. Terminal for $817 Million

A Swedish investment fund has agreed to acquire the third-largest terminal at L.A.-area ports from French shipping line CMA CGM for $817 million in cash, with plans to invest in equipment and technology upgrades.

Port Truckers Strike Winds Down with Little Cargo Impact

This week’s strike by close to 100 truck drivers and warehouse workers at the Los Angeles and Long Beach ports was expected to end Friday with little effect on cargo movement, port officials said.

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Mother’s Pizza Fare Seeks Slice of Gluten-Free Pie

FOOD: Gail Becker credits launch of Caulipower to her quest to feed her two sons.

Caulipower’s Gail Becker pursues healthy sales with her gluten-free pizza offerings.

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UCLA, Miller Children’s Hospitals Partner to Expand Child Health Services

UCLA Mattel Children’s Hospital and Miller Children’s and Women’s Hospital Long Beach announced the formation of a strategic alliance on Thursday.

New Chief Sets Sail at Port

Mario Cordero aims to buoy Long Beach port’s growth efforts

Newly appointed Port of Long Beach Executive Director Mario Cordero spent time with the Business Journal to discuss the outlook for one of the region’s biggest economic drivers.

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Truck Drivers, Warehouse Workers Plan Strike at Ports

A group of truck drivers and warehouses workers set a date of June 19 for a strike at the ports of Long Beach and Los Angeles.

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May Cargo Volumes Surge at Ports

Both the ports of Los Angeles and Long Beach recorded their highest May cargo numbers in history.

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Pirate Joe's to Shut Down Due to Rising Legal Costs From Trader Joe's Trademark Infringement Lawsuit

Vancouver-based Pirate Joe’s shut down on Thursday amid rising legal costs due to a lawsuit filed by Trader Joe’s for trademark infringement.

Kombucha Pioneer Tees Up Second Site in Vernon

BEVERAGES: Millennium Products looks to pour it on as healthy drink sales boom.

Millennium Products bottles up more space to boost output of its kombucha drinks.

Market Bags Imitator

Retail: Trader Joe’s win over Canadian shop seen as boost to trademark law.

Trader Joe’s trademark victory over a Canadian imitator is hailed as borderline win.

Local Roots Expands to Ship Out its Farming Containers

Outside In

Local Roots Farms looks to get its adapted shipping containers into rotation as crop producers.

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20 in their 20s: Jake Kassan and Kramer LaPlante

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

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20 in their 20s: Oren Katz

From a 22-year-old manager of e-sports teams to a 92-year-old manufacturing executive, the Business Journal spotlights some of the working world’s newcomers and old hands.

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Patent Firm Shares Plan

LAW: Supreme Court decision prompts Marathon to action following freefall.

Marathon Patent Group has moved to shore up its shares with a reverse stock split.

Port Gets Moving on Data Plan

SHIPPING: Parties hope to help cargo navigate docks.

A new wave in logistics could be rolling in with a data-sharing program at the Port of Los Angeles.

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Sale Date Arrives For Events Planner

Fashion-, beauty-focused Simply agrees to acquisition deal with like-minded firm Nylon Media.

Nylon Media books acquisition deal with fashion and beauty conference planner Simply.

West Hollywood’s Simply Inc. Acquired by Nylon Media

Simply Inc., a fashion, beauty, and social media influencers event and branding company, has been acquired by Nylon Media Inc. for an undisclosed amount.

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Port of Long Beach Awards Community Sponsorships

The Port of Long Beach has awarded more than $372,000 in community sponsorships to 136 organizations in the latter half of the fiscal year, port officials announced on Monday.

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Colleges Build Up Ranks of Manufacturing

EDUCATION: Workers with midlevel skills in demand.

Community college initiative helps students put together careers in advanced manufacturing.

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Former Neutrogena Chief, UCLA Donor Lloyd Cotsen Has Died

Lloyd Cotsen, the former chief executive and chairman of the board of Neutrogena Corp., passed away at his Beverly Hills home on May 8, according to UCLA, where his endowment established an archaeology institute. He was 88.

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Business Rebounds for Furniture Maker Virco as School Budgets Increase

Hard Lessons

MANUFACTURING: Furniture maker Virco is sitting prettier as school districts up their postrecession budgets.

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Canadian Buyer Takes Plunge With Seafood Acquisition

Culver City seafood supplier Rubicon Resources, a venture of Thai seafood packing and distribution companies AMS and PTN Group, will be acquired by High Liner Foods Inc., a publicly traded Canadian company, in a cash-and-stock deal valued at $107 million.

April Cargo Volumes Spike at L.A., Long Beach Ports

Cargo volumes rose in April at the country’s two busiest ports, Los Angeles and Long Beach, with L.A.’s hitting a record for the month.

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