MANUFACTURING
Colony Capital to Invest Up to $500 Million in Oil Field in Central CA
Downtown real estate investment firm Colony Capital Inc. is putting an initial $320 million toward a joint venture with Chatsworth-based energy exploration California Resources Corp.
Avery Dennison Moves Higher on Q2 Results
Avery Dennison Corp. beat Wall Street estimates on earnings, sending the company’s stock up more than 4 percent.
Labor Unions Gaining Momentum
Potential for actions by workers increases
Unions across several industries are poised for action as the movement gains ground.
Jury Rules Against Sriracha Maker Huy Fong Foods in Supplier Dispute
A Ventura County jury found earlier this month that Irwindale-based Huy Fong broke its contract with Underwood Ranches, committing fraud by mispresenting and concealing information.
Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties
Sterling Organization has acquired a two-building retail portfolio on Melrose Avenue in West Hollywood for $35 million.
Furniture-maker Jonathan Louis Slashes Workforce
Furniture-maker Jonathan Louis has laid off workers and cut back production amid slowing demand for the wholesaler's sectional couches and other furnishings.
Ghee Maker Raises $8M in New Funds
Food: 4th & Heart looks to upgrade operations, launch new product line
Food: 4th & Heart looks to upgrade operations, launch new product line
Gig Law Could Hit Truckers
SMALL BUSINESS: Cause for concern among contractors
SMALL BUSINESS: Cause for concern among contractors
London Firm Takes Majority Stake in Fashion Company Reformation
Reformation, a Vernon-based sustainable fashion brand for women, sold a majority stake to London-based private equity firm Permira.
Cargo Volumes Down at L.A., Long Beach in First Half 2019
The ongoing trade war with China dampened volumes at the San Pedro Bay ports as imports declined 3.3% in the first half of the year compared to the same period in 2018.
Transom Capital Group Buys Salon Products Business from Conair Corp.
El Segundo-based private equity firm Transom Capital Group has acquired a division of Stamford, Conn.-based Conair Corp. that makes hair-care products.
Stakes are High in Grocer Talks
RETAIL: Strike could hit hard for stores and union
RETAIL: Strike could hit hard for stores and union
Supreme Court Rules FUCT Brand Can Seek Trademark
In a win for free speech advocates--and one four-letter Los Angeles streetwear company--the U.S. Supreme Court overturned a ban on trademarks deemed “scandalous” or “immoral.”
Wonderful Gets Sweet on Lemons
AGRICULTURE: Plans to market new seedless variety
Wonderful Co. hopes taking the seeds out will drive lemon sales.
