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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.

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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.

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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.

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Fulgent Enters Home Market

HEALTH CARE: Genetic testing kits bypass doctor visits

Fulgent Genetics enters the market for at-home genetic tests.

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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.

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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.

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LABJ INsider

Cyber Alert

Goings-on in L.A.’s business community.

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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