With key industries like film, sports and tourism still suffering, L.A.’s employment recovery will be slow going.

L.A. County Employer Payrolls Plunged in December

Employers in Los Angeles County shed 24,000 payroll jobs in December, according to figures released Jan. 22.
EVgo charging station

Charging Company EVgo Strikes SPAC Deal

Sawelle-based electric vehicle charging company EVgo Services has announced plans to go public via a SPAC merger.

Read More Recent News



The Standard Hollywood on Sunset Boulevard.

The Standard Closes In West Hollywood

The Standard Hotel, a West Hollywood staple for more than 20 years, has closed.
OpenDrives CEO David Buss.

OpenDrives Raises $20 Million to Grow Data Storage Business

Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.


SpaceX launched another 60 Starlink satellites Jan. 20.

SpaceX Launches New Batch of Starlink Satellites

Space Exploration Technologies Corp. deployed another 60 satellites into space on Jan. 20 in support of the company’s ambitious Starlink global broadband project.
Versus Systems' rewards platform on an HP OMEN gaming computer.

Versus Systems Closes $11 Million IPO

Video game and interactive media prize company Versus Systems Inc. has closed an $11 million initial public offering.

Companies On The Move
People On The Move


Reader Poll

READER POLL: Is your company planning on applying for the next round of funds from the Paycheck Protection Program?

In This Week's Issue


Tease photo

Port of LA Rebounds in 2020 After Difficult Stretch

After numerous missed sailings back in March, Gene Seroka said he “never would have imagined” that the Port of L.A. would move 9.2 million TEUs of cargo in 2020.


Tease photo

Green Credits, Incentives Likely to Boost LA Companies

Tax credits and incentives are central pillars of the green energy industry.


Tease photo

Local EV Companies Expect Jumpstart From Biden Administration

With the inauguration of President-elect Joe Biden days away, local companies are preparing for an array of proposed policy changes.


Tease photo

Good City Mentors Gets Backing From Big Businesses

Among the striking photos that documented last year’s protests against police brutality was an Associated Press image of an LAPD patrol car set aflame in Fairfax.


Tease photo

Demand for Medical Office Remains Strong

The future of office space is a big question as companies grapple with whether to make working from home a permanent reality, but experts agree that medical office space will remain in demand.


Latest Local News

With key industries like film, sports and tourism still suffering, L.A.’s employment recovery will be slow going.

L.A. County Employer Payrolls Plunged in December

Employers in Los Angeles County shed 24,000 payroll jobs in December, according to figures released Jan. 22.
EVgo charging station

Charging Company EVgo Strikes SPAC Deal

Sawelle-based electric vehicle charging company EVgo Services has announced plans to go public via a SPAC merger.

People On The Move
The Standard Hollywood on Sunset Boulevard.

The Standard Closes In West Hollywood

The Standard Hotel, a West Hollywood staple for more than 20 years, has closed.
Events
January 20, 2021
The Los Angeles Business Journal will host a FREE virtual discussion on economic trends and forecasts. Our panel of regional experts will share their insights on the biggest headlines and where the market is going in 2021. Conversation topics will include trade & tariffs, taxation, impact of new legislation, real estate outlook, and much more.
OpenDrives CEO David Buss.

OpenDrives Raises $20 Million to Grow Data Storage Business

Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
Reader Poll
READER POLL: Is your company planning on applying for the next round of funds from the Paycheck Protection Program?
Companies On The Move
SpaceX launched another 60 Starlink satellites Jan. 20.

SpaceX Launches New Batch of Starlink Satellites

Space Exploration Technologies Corp. deployed another 60 satellites into space on Jan. 20 in support of the company’s ambitious Starlink global broadband project.

Events

January 20, 2021
The Los Angeles Business Journal will host a FREE virtual discussion on economic trends and forecasts. Our panel of regional experts will share their insights on the biggest headlines and where the market is going in 2021. Conversation topics will include trade & tariffs, taxation, impact of new legislation, real estate outlook, and much more.

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