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Satellite TV provider DirecTV’s headquarters in El Segundo.

DirecTV to Spin Off From AT&T

AT&T Inc. is selling a minority stake in struggling DirecTV, which will become a standalone company.

By Nat Rubio-Licht

The portfolio is known as the Westside Collection.

Westside Multifamily Portfolio Sells For $73 Million

The eight-property multifamily portfolio had not been available on the market for more than a quarter of century.

By Hannah Madans

Relativity Plans Larger, Reusable Rocket

Long Beach-based rocket manufacturer Relativity Space Inc. will begin development on a fully reusable launch vehicle.

By Elijah Chiland

LAX Passenger Traffic Continued Slump in January, but Cargo Boomed

LAX statistics for January show passenger traffic remains stalled while cargo tonnage is accelerating.

By Howard Fine

ViacomCBS plans to launch its Paramount Plus service in March.

Paramount to Slash Window for Film Releases

Paramount Pictures is changing its movie release strategy ahead of the launch of streaming service Paramount Plus.

By Nat Rubio-Licht

Biopharmaceutical company Xencor Inc. is based in Monrovia.

Xencor Partners With UCLA to Develop New Drugs

Monrovia-based biopharmaceutical company Xencor Inc. has signed a partnership agreement with UCLA’s Technology Development Group to develop new drugs.

By Howard Fine

Archer Aviation Plans Electric Air Taxis in LA by 2024

Disney Plus Launches New Streaming Platform Abroad

Farm Tech Startup Future Acres Launches

Xos Strikes $2 Billion SPAC Deal

NXCR Raises $30 Million for Vehicle Subscription Service

Reader Poll

READER POLL: Are you eating out more now that restaurants are again allowed to offer outdoor dining?

In This Week's Issue

Snap Drives Growth of LA’s AR Industry

Visual artist Clay Weishaar said he was incredulous when someone from Snap Inc. contacted him in 2018 to let him know one of his lenses was trending.

Christina Development Keeps Its Focus on the Westside

Real estate veteran Lawrence Taylor, who founded Christina Development Corp. more than 40 years ago, was fortunate to have several mentors during his career.

Spring Labs Looks to Reboot Credit Ratings Infrastructure

Springcoin Inc., which does business as Spring Labs, is a relatively small company, but it has historic ambitions.

Celeb-Backed Startup Jinx Delivers Healthy Dog Food

Terri Rockovich’s dog, Blitz, has a picky palate.

Black Entrepreneurs Month 2021

Black-owned businesses have a long and proud tradition in Los Angeles with ongoing contributions from talented people and exciting companies. Read about entrepreneurs and executives making their mark now.

All stories in this week's issue >

Latest Local News

DirecTV to Spin Off From AT&T

AT&T Inc. is selling a minority stake in struggling DirecTV, which will become a standalone company.

By Nat Rubio-Licht

Westside Multifamily Portfolio Sells For $73 Million

The eight-property multifamily portfolio had not been available on the market for more than a quarter of century.

By Hannah Madans

Los Angeles Business Journal Digital Edition

Read This Week's Issue

Relativity's manufacturing facility in Long Beach.

Relativity Plans Larger, Reusable Rocket

Long Beach-based rocket manufacturer Relativity Space Inc. will begin development on a fully reusable launch vehicle.

By Elijah Chiland

Events

March 17th, 2021

Diversity & Inclusion Symposium & Awards

On March 17th, the Los Angeles Business Journal will host a series of panel discussions featuring companies and individuals who have shown an exceptional commitment to advancing diversity and inclusion in the workplace and business leadership. Executives will explain the importance of leading and developing a diverse workforce and how they achieve company goals.

All Events >