Mattel Names Campbell Soup Veteran DiSilvestro as CFO

Hiring follows investigation into accounting practices

El Segundo-based toy maker Mattel Inc. has brought on two new executives for key positions.

Tease photo

Heavy Duties

Gene Seroka guides the Port of LA — and the city’s PPE supply efforts

Gene Seroka, the executive director of the Port of Los Angeles, picked up additional duties in March when Los Angeles Mayor Eric Garcetti named him the city’s chief logistics officer.

Tease photo

Aerojet’s Drake Joins National Space Council

Aerojet Rocketdyne Chief Executive Eileen Drake is appointed to a National Space Council advisory group.

Tease photo

Long Beach Gains as LA Struggles

San Pedro Bay ports report mixed results in May amid ongoing pandemic

If you ask folks at the Port of Long Beach, things are looking up. The Port of Los Angeles, meanwhile, reported a 29.8% year-over-year decrease.

Tease photo

Hightimes Strikes Series of Deals

Cannabis company expands with acquisitions, licensing

Venice-based Hightimes Holding Corp. has been busy of late, expanding its dispensary footprint and venturing into licensing with two deals.

Tease photo

Career Technologies Is Acquired

Competitor Fralock picks up electronic components maker

Electronic components manufacturer Circuit Services, which does business as Career Technologies USA, has been acquired by a local competitor.

Tease photo

Riot Plans Investments to Back Minority Efforts

Company sets $10 million in contributions to support publishing companies with leadership that is underrepresented in the gaming community.

Tease photo

TrueCar Lays Off 30% of Staff

The job cuts were made in anticipation of the termination of TrueCar’s partnership with USAA Federal Savings Bank.

Tease photo

Faraday Bankruptcy Plan Approved

Court ruling clears path for production of vehicles

Faraday & Future Inc.’s founder and former chief executive caught a break from the U.S. Bankruptcy Court for the Central District of California in Los Angeles.

Tease photo

Settlement for Honda

Carmaker to pay state $2 Million over engine emissions

American Honda Motor Co. Inc. reached a $1.9 million settlement with the California Air Resources Board for clean-air violations related to small engines used to power lawnmowers and other garden equipment.

Tease photo

USDA Gives Lift to Don Lee Farms

Agency's food program connects suppliers, needy

Goodman Food Products Inc., doing business as Don Lee Farms, is among a handful of Los Angeles County firms that won contracts with the U.S. Department of Agriculture to provide food boxes to nonprofits serving the needy.

Tease photo

Alleyoop Right on Time

Cosmetics startup connects with consumers

Leila Kashani did not have the Covid-19 shutdown in mind when she founded Alleyoop Inc.

Tease photo

A ‘Better Than Expected’ April for Ports of LA, LB

But lower volumes are projected in second quarter

Terminal operators and dockworkers at the Port of Long Beach moved 519,730 twenty-foot equivalent units (TEUs) of cargo last month, a 17.3% decline compared to April 2019.

Tease photo

Alameda Pipe Is Acquired by JD Fields

Gardena steel products maker will retain name

Gardena-based Alameda Pipe & Steel Co. has a new owner.

Tease photo

OSI Systems Sees Gains for 2020

Positive outlook for medical monitoring device maker

While most local manufacturers are refraining from providing revenue guidance during the Covid-19 pandemic, Hawthorne-based OSI Systems Inc. is pleased with the outlook for 2020.