MANUFACTURING
Beyond Meat Loses Sizzle
FOOD: Stock slides as competitors gain ground
Mendocino Taps New CEO
RESTAURANTS: Miles joins from Zoës Kitchen
Mendocino Farms names a fast-casual pro as its new CEO.
Alibaba Courts LA Businesses
Chinese ecommerce giant wants US cos. to sell wholesale on its site
Chinese ecommerce giant wants US cos. to sell wholesale on its site
Chinese Aluminum Magnate Indicted in $2 Billion Tariff Scheme
Feds say scheme played out at ports and in Southland warehouses
Chinese billionaire and founder of one of the world’s top aluminum companies has been indicted for evading $1.8 billion in U.S. tariffs on products he shipped in through the Los Angeles and Long Beach ports and stockpiled in warehouses around Southern California.
Investors Lose Taste for Beyond Meat
The El Segundo-based company’s shares, which saw their initial price jump to more than $230 from $25 since the company's Wall Street debut three months ago, stumbled in the day following the company's July 29 earnings report to below $200.
Northrop Grumman's Valley Operation Secures $167 Million Contract
Northrop Grumman Corp. has received a $167 million contract from the U.S. Navy to produce Lot 8 of its advanced anti-radiation guided missile system.
LA Port Project is Derailed
Shipping: $130M facility sought to speed operations
Jonathan Rosenthal takes the Port of L.A. to court over nixing new cargo yard.
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
