Latest stories
MedMen to Lay Off Nearly 200, Sets Restructuring Plan
Cannabis retailer MedMen Enterprises Inc. will lay off more than 190 employees and restructure its business assets in a bid to achieve a positive balance sheet.
Immortals Gaming Club Sells Overwatch League Team
Esports organization Immortals Gaming Club finalized the sale of an esports team to Naples, Fla.-based Beasley Broadcast Group Inc. on Nov. 15.
Unemployment Holds Steady in LA County for October
L.A. County’s unemployment rate was unchanged in October as the education sector led a broad hiring surge.
Growing Pains at Activision
GAMING: Company seeks to balance mobile, console
Activision Blizzard announces better-than-expected third-quarter earnings and a loss of 3 million users.
Fulgent Enters Home Market
HEALTH CARE: Genetic testing kits bypass doctor visits
Fulgent Genetics enters the market for at-home genetic tests.
Women Execs Warm to Men’s Watches
FASHION: Luxe timepieces viewed as a sign of progress
Men’s luxury watches, particularly those from Rolex Group, are in fashion among L.A.’s businesswomen.
Ports in a Storm
LA, Long Beach are feeling the impact of tariffs
Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.
Herbalife Names Agwunobi as CEO
HEALTH CARE: Activist investor Carl Icahn raises his stake in the company to 24%
Herbalife Nutrition announces John Agwunobi will become its next CEO.
Squar Milner Announces Acquisitions
ACCOUNTING: Deals for SRG and BPE&H team expands presence in LA market
Accounting firm Squar Milner continues to expand its L.A. footprint with two new deals.
LGBTQ-Focused Index Launches
WeHo firm tracks top 100 companies for investors
LGBTQ Loyalty Holdings launches an index tracking companies committed to advancing equality.
Stockdale Capital Plans New Medical Building
Beverly Grove outpatient facility will include retail
Stockdale Capital Partners plans to build a 145,000-square-foot medical office building in Beverly Grove.
A Helping Hand
Susan Burton I A New Way of Life
STYLE: Susan Burton from A New Way of Life keeps things casual but respectful.
Valence Links Black Professionals
TECH: Upfront leads $2.5 million raise to support social network startup
The team at Valence Enterprises looks to connect black professionals.
Hope, Hope, Hope
To win back holiday shoppers, LA’s malls will go all out this season
L.A.’s malls seek to entice holiday shoppers this season with celebrities, cocktails and parties.
J2 Planning $500M Offer
Internet services firm will use funds on credit balance
Hollywood-based internet services firm J2 Global Inc. intends to sell $500 million in convertible senior notes.
Military Business Boosts Boingo
Wi-Fi provider narrows losses in third quarter
Boingo Wireless sees a boost from contracts to provide Wi-Fi to the military.
HMBradley Nabs $3.5M
Digital banking startup looks to launch in 2020
Halleman Bradley to launch a tech-focused banking platform following a $3.5 million seed round.
Va. Firm Invests in Playa Vista
Harbor Group pours $24M into multifamily building
Harbor Group International invests in Silicon Beach Live Apartments.
Swig Co. Renovates Office Spaces
Updates to TrueCar tower attract new tech tenants
Swig Co. is banking on renovating older office properties in some of L.A.’s hottest markets.
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