LABJ WEEKLY EDITION

LA500 Special Issue: The Most Influential People in L.A.

The Business Journal unveils its fifth annual LA500 list, honoring the most influential leaders and executives in Los Angeles.

Developers Are Finding New Uses for Shopping Malls

The massive old Sears property that occupies a prime spot on Santa Monica Boulevard in Hollywood is on the verge of a revival.

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IP Push Helps Drive Mattel’s Transformation

At the recent Virtual Citi Leisure Day investor conference, Mattel Inc. Chief Executive Ynon Kreiz touted the transformation of the El Segundo-based toymaker since he took the helm in 2018.

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Rebound in Passenger Traffic at LA-Area Airports Continued in April

With passenger traffic soaring again at local airports, the outlook for summer is strong — except when it comes to international travel.

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These Organizations Help Advance LGBT Workplace Equity

Celia Sandhya Daniels has 23 years of experience as a business and management consultant with expertise in computer science.

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LABJ Insider: Giving the 500 Their Due

The Business Journal’s LA500 issue, highlighting the most influential leaders in one of the world’s most dynamic business markets, made its sixth annual appearance last week.

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Fitted Medical Scrubs-Makers Figs, Jaanuu Raise Profile, Funds

Silicon Beach is bringing a high-end fashion look to the world of baggy medical clothing.

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Rocket Lab Cleared to Resume Launches

Long Beach-based Rocket Lab USA Inc. has been approved by the Federal Aviation Administration to resume flights following a failed launch attempt in mid-May.

Hotel, Condos Sell for $78 Million in Beverly Hills

Braemar Hotels & Resorts Inc. has entered into an agreement to acquire the 138-room Mr. C Beverly Hills Hotel and five adjacent condominium units in Pico-Robertson for a total of $77.9 million.

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CenterPoint Buys Industrial Site in Carson

CenterPoint Properties has purchased a large industrial property in Carson for an undisclosed sum in a sale-leaseback transaction.

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Walnut Park Shopping Center Gets $40 Million Refinance

The La Alameda Shopping Center in Walnut Park has been refinanced for $40 million.

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Endeavor Reports Slight First-Quarter Profit

Endeavor Group Holdings Inc. posted a small first-quarter profit in its first earnings report since going public in late April.

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Office Sales Rise, Raising Hopes for Recovery

Office sales in L.A. County, which slowed during the Covid-19 pandemic, are speeding up.

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EV Maker Canoo Plans Texas Facility

Canoo Inc.’s latest press releases lists Dallas in the dateline, an unusual designation for a company officially based in Los Angeles County.

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Zero-Emission Vehicle Manufacturer US Hybrid Is Acquired

Torrance-based US Hybrid Corp. has been acquired by New York-based Ideanomics Inc. for $50 million.

Wonderful Co. Ad Agency Hires New Chief Creative Officer

Wonderful Agency, an in-house ad shop tasked with promoting Wonderful Co.’s roster of nut and fruit brands, has hired Margaret Keene as its chief creative officer.

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New City Programs to Help Small Businesses Obtain Contracts

Two Los Angeles city departments last month announced they have instituted new programs designed to boost the chances that small businesses can win contracts.

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Opening Date Pushed Back Again for Metro’s Crenshaw-LAX Line

Metro’s 8.5-mile, $2.14 billion Crenshaw-LAX light rail line, which was originally set to open in fall 2019, has faced a string of delays.

Boring Co.’s Las Vegas Tunnel Opens to Public

Elon Musk’s Boring Co. is about to get its first real-world test as its 4-mile, $52.5 million tunnel loop opens to the public this week underneath the huge Las Vegas Convention Center campus.

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Avison Young Plans Move to Hybrid Office Space

Avison Young Inc. will soon have a new downtown home, complete with a hybrid design for a post-Covid world.

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Crexi Continues Growth Surge Despite Pandemic

Marina del Rey-based Commercial Real Estate Exchange Inc. had a busy 2020, and that pace has continued in 2021 as interest in the company’s products increased during the pandemic.

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Burbank Creative Office Building Sells for $62 Million

A 124,785-square-foot office building in Burbank known as The Link has sold for $61.5 million.

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Pandemic Takes a Toll on Compensation Packages for LA’s Top CEOs

The global pandemic rippled through the compensation packages of C-suite executives in L.A.’s diverse business community in 2020.

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Stock Awards Pay Off Big for Bobby Kotick, Andy Heyward

For two local chief executives, Bobby Kotick at Activision Blizzard Inc. and Andy Heyward at Genius Brands International Inc., 2020 brought a massive windfall in total compensation.

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By the Numbers: Executive Compensation Special Report

A by-the-numbers look at the highs and lows from this year's executive compensation lists.

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2021 Executive Compensation Special Report

The effects of Covid-19 rippled through the economy and into many C-suites. The Business Journal's annual look at executive pay reflects the impact of events over the past year.

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LA500: Celebrating the Leaders Who Continue to Drive the City Forward

L.A.’s business community responded with creativity and compassion to the unprecedented events of the past year and now looks ahead with a fresh outlook.

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