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L.A. County Adds 34,000 Jobs In March As Unemployment Rate Drops

L.A. County’s economic recovery continued in March as employers added 34,000 jobs and the unemployment rate dipped again.

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SpaceX Wins $2.9 Billion NASA Contract

The next astronauts to land on the Moon will likely do so in a spacecraft designed by SpaceX.

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Holiday Inn Location Sells For $35 Million

The hotel has 141 rooms.

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Agilon Health Raises $1 Billion in IPO

Long Beach-based Agilon Health Inc. raised approximately $1.07 billion through its initial public offering.

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Therabody Acquires PowerDot for $34 Million

Health and fitness technology company Theragun Inc., doing business as Therabody, has acquired PowerDot Inc. for $34 million.

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Farmers & Merchants Bank Sees Profit Rise 41%

Long Beach-based Farmers & Merchants Bank said profit grew roughly 41% in the first quarter versus the same period a year earlier.

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SpaceX Raises $1.2 Billion in Latest Funding Round

The Hawthorne-based company has pulled in well over $3 billion of investment since the start of 2020.

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Eight Things an Accounting Adviser May Do for You

Custom Content | Services to help you navigate 21st-century accounting.

If you think accounting is an exact science, think again. Issues are nuanced. Multiple views exist. Conclusions depend on your unique circumstances. Accounting advisory services may foster open dialogue, thorough analysis, and full understanding to determine an appropriate conclusion.

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NantHealth Secures $137 Million Financing Package

Culver City-based NantHealth Inc. announced a $137 million financing package that will be provided by two of its existing investors.

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Virtualitics Raises $18 Million for Data Analytics Software

Pasadena-based data analytics software company Virtualitics Inc. has raised $18 million in a Series B funding round led by North Sound Ventures.

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OpenGate Sells French Skylights Division

Century City-based private equity firm OpenGate Capital has agreed to sell a division of portfolio company SMAC, a global manufacturer of waterproofing and building envelopes.

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Tagger Media Raises $9 Million for Influencer Marketing Service

Tagger Media, the Santa Monica-based developer of a software platform for influencer-based marketing campaigns, has raised $8.5 million in Series A funding.

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ArcLight, Pacific Theatres Are Closing Permanently

Can the Cinerama Dome be saved?

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Company 3 Leases Large Space at Sunset Las Palmas Studios

Post-production group Company 3 has leased 70,285 square feet at Brentwood-based Hudson Pacific Properties Inc.’s Harlow development.

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AmazeVR Raises $10 Million for Virtual Reality Concerts

AmazeVR Inc., a West Hollywood-based startup that uses VR to create live music experiences, has raised $9.5 million.

MJW Investments Sees Growth Through Co-General Partnerships

Santa Monica-based MJW sees major growth in co-general partner arrangements.

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Pain at the Ports as Cruise-Related Businesses Wait Out Pandemic

John Tallichet was looking forward to the opening of the new Gerald Desmond Bridge across the Back Channel at the Port of Long Beach.

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Zwift Riding High Thanks to Demand

Zwift has raised a total of $620 million. The company plans to use this funding to further develop its app as well as Zwift-branded hardware, which it sells online.

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LABJ Insider: Into the Great Reopen

We now have a target date for the great reopening.

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OpenGate Buys European Manufacturing Software Firm

Century City-based private equity firm OpenGate Capital has purchased Kongsberg Precision Cutting Systems from Esko-Graphics.

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